CWY Conway Resources Inc.

Conway Resources Inc. ("Conway" or the "Company") (TSX VENTURE: CWY) is pleased to announce that it is negotiating a convertible debenture private placement for an amount of $100,000 (the "Debenture" or "Convertible Debenture"). The Debenture will be convertible into common shares of the Company at the option of the holder at a price of $0.10 per share for a 12-month period (the "Maturity Date"), and bears interest at a rate of 10% annually, payable quarterly. It will also be accompanied by 1,000,000 warrants. Each warrant will entitle the holder to subscribe to one additional common share of the Company at a price of $0.10 for a 12-month period following issuance.

The Company will be able to reimburse the Convertible Debenture at any time prior to the Maturity Date, subject to a minimal $50,000 reimbursement.

The Convertible Debenture will be the object of a finder's fee for an amount corresponding to 10% of the total Convertible Debenture. The net proceeds from this Convertible Debenture will be used for the Company's working capital purposes. The underlying shares to be issued pursuant to the conversion of the Convertible Debenture and the exercise of the warrants under the Convertible Debenture are subject to a restricted period on resale of four months and one day.

This private placement is subject to regulatory approval.

Forward-Looking Statements

This press release contains certain forward-looking statements that might involve uncertainty, time frames, and/or known and unknown risks beyond the Company's control. The Company's actual results, performance and achievements may differ materially from the results, performance and achievements implied by such forward-looking statements. Factors that could cause actual results to differ from those implied by forward-looking statements include, in particular, changes in the market gold price, the value of the Canadian dollar or the grade of the ore mined and unanticipated difficulties in mining activities that could have an impact on operating revenues and costs, as well as uncertainty regarding government regulations.

Neither TSX Venture Exchange Inc. nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this press release.

Contacts: Conway Resources Inc. Laurent Beaudoin President and Chief Executive Officer 418-871-3334 conway@ressources-conway.com