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Western Wind Increases Megawatts under Contract by 51% from 195MW to 295MW and Responds to Brookfield's Latest Offer



Western Wind Increases Megawatts under Contract by 51% from 195MW to 295MW and
                    Responds to Brookfield's Latest Offer

PR Newswire

VANCOUVER, Feb. 4, 2013

TSX.V Symbol: "WND"

OTCQX Symbol: "WNDEF"

Issued and Outstanding: 70,462,806

VANCOUVER, Feb. 4, 2013 /PRNewswire/ - Western Wind Energy Corp. - (the
"Company" or "Western Wind") (TSX Venture Exchange - "WND") (OTCQX - "WNDEF")
provides an update and responds to an amendment to the unsolicited offer (as
amended, the "Offer") by WWE Equity Holdings Inc, an indirect subsidiary of
Brookfield Renewable Energy Partners L.P. (together, "Brookfield") to acquire
all of the issued and outstanding common shares (the "Shares" or the "Western
Wind Shares") of Western Wind.

Option on New 100 MW Power Purchase Agreement

Western Wind  is pleased  to announce  that the  Company has  entered into  an 
option  agreement  (the  "Option  Agreement")  with  PBJL  Energy  Corporation 
("PBJL") for  the  sole and  exclusive  right  and option  (the  "Option")  to 
purchase rights  held by  PBJL under  a Master  Renewable Power  Purchase  and 
Operating Agreement (the "Master PPA")  between PBJL and Puerto Rico  Electric 
Power Authority (the "Power Authority").  Pursuant to the Master PPA, PBJL has
the right to sell power  from one or more solar  energy facilities with a  net 
aggregate capacity of up  to 100MWs in various  locations in Puerto Rico  (the 
"Project  Rights")  and  the  Power  Authority  has  agreed  to  purchase  all 
electricity produced from the locations in connection with the Project Rights.
The power purchase agreements  entered into under the  Master PPA will have  a 
tenure of 20 years and the projects must be online by December 31, 2015.

Pursuant to  the Option  Agreement, the  Company has  the exclusive  right  to 
acquire the Project  Rights and all  rights currently held  by PBJL under  the 
Master PPA upon making a payment of US$5,000,000.  The Option may be exercised
either by acquiring  the shares  of PBJL or  the Project  Rights including  an 
assignment of the Master  PPA. The Option will  terminate upon the earlier  of 
(i) September 30, 2013, if  the closing of the Option  has not occurred on  or 
before that date;   (ii) immediately at  the sole discretion  of PBJL, upon  a 
"change of control" (as defined in the Option Agreement) of Western Wind which
includes a transaction which is not supported  by the Board of Directors or  a 
material change in the composition of  the Board of Directors of the  Company. 
Unless the Offer  is supported by  the Board  of Directors, the  taking up  of 
shares by Brookfield under the Offer will permit PBJL to terminate the Option.

The Company was able to acquire the Option for nominal consideration. PBJL  is 
a private company principally owned  by independent businessmen who from  time 
to time provide consulting services to the Company.  The US$5 Million  payment 
will be paid by and at the sole discretion of the Board approved purchaser  of 
Western Wind.

The Company's ability  to exercise  the 100MW option  will be  subject to  the 
receipt of  all required  approvals.  The  Master  PPA can  be used  on  sites 
acquired or developed  by third  parties and,  subject to  meeting all  stated 
conditions, the Power Authority is obligated to purchase the energy  generated 
up to  100 MW.   There  is no  obligation  by PBJL  to  produce or  build  any 
facility.

Response to Amended Offer

On January 28, 2013, Brookfield announced that it had amended and supplemented
the Offer in order to (a) increase the price payable under the Offer to  $2.60 
in cash for each  Western Wind Share  and (b) extend the  expiry of the  Offer 
from 5:00 p.m. (Toronto time) on January 28, 2013 to 5:00 p.m. (Toronto  time) 
on February 11,  2013 (a statutory  holiday in British  Columbia), unless  the 
Offer is further extended or withdrawn (the "Amended Offer").

After careful consideration, including a thorough review of the Amended Offer,
as well as other factors, on February  3, 2013, the Special Committee and  the 
Board of  Directors  both determined  that  they recommend  that  shareholders 
REJECT the Amended Offer.

While the auction process remains open, no  binding offer has been made as  of 
the date of this news release. Brookfield acquired its interest in the Company
after the announcement of the sale process.  The Board of Directors is of  the 
view that this was done to influence  the sale process. To date, the  presence 
of the Offer in addition to Brookfield's position as a significant shareholder
of the Company has had a chilling effect on the sale process.

The Special Committee and the Board of Directors continue to believe that  the 
sale of the Company should proceed  by way of an auction process  unencumbered 
by the Offer.   Management and the  Board of Directors  of the Company  remain 
committed to a sale of  the Company and delivering  the superior value to  its 
shareholders.

The Project Rights and the Master PPA may represent an important asset of  the 
Company and  provide  an  opportunity  to  increase  value  during  the  sales 
process.  The Offer, as  it was made  before the entering  into of the  Option 
Agreement, does not ascribe any value to the Project Rights or the Master PPA.
The Board of Directors is of the view that the acquisition of an option on the
Project Rights and the Master PPA is an example of current management's belief
that it can  deliver greater  value to  shareholders than  represented by  the 
Offer,  and  that  a  Board  supported  purchaser  will  have  a   substantial 
opportunity to own additional contracted PPA rights. The Option to acquire the
Master PPA, if exercised by a board supported purchaser of Western Wind,  will 
provide that purchaser access to a total of 295 MW of contracted PPA's  rather 
than the current 195MW. This is an increase of 51% of total MW under  contract 
that could be acquired by a Board supported purchaser.

Shareholders are urged to  consider the Amended Offer  carefully, and to  read 
the Notice  of Change  which  will be  filed by  the  Company shortly  in  its 
entirety before deciding whether  to accept or reject  the Amended Offer.  Any 
shareholder who  is in  doubt  as to  how to  respond  to the  Amended  Offer, 
including whether or not to  tender or to withdraw  his or her Shares,  should 
consult his  or  her own  investment  dealer,  tax advisor,  lawyer  or  other 
professional advisor.

In the Notice of Change to the Supplementary Directors' Circular issued by the
Board of Directors on  January 23, 2013, the  Company provided information  on 
certain discussions between the Company and Brookfield and an indication  from 
Brookfield that  an improvement  to  the Offer  may  have been  possible.   On 
January 24,  2013, Brookfield  announced that  it had  terminated  discussions 
regarding any alternative transactions to the Offer.

The Company continues to  pursue its application  with the Ontario  Securities 
Commission for  an order  requiring  Brookfield to  prepare and  disclose  the 
results of  a  formal valuation  in  compliance with  Multilateral  Instrument 
61-101 - Protection of Minority Security Holders in Special Transactions  ("MI 
61-101") as part of the Offer.

On January  28,  2013, Brookfield  also  announced that  shareholders  holding 
9,031,300 Western Wind Shares,  or 15.27% of the  Shares held by  shareholders 
independent of  Brookfield  ("Independent Shareholders"),  have  entered  into 
lock-up  agreements  with  Brookfield  (the  "Lock-Ups").  The  Lock-Ups  will 
terminate if another offer is made for consideration of 5% more than the price
under the Offer. Brookfield  also announced that it  has been advised that  an 
additional 3,971,713 Western Wind  Shares, representing approximately 6.7%  of 
the Shares held by Independent Shareholders, will also potentially be tendered
to the Offer (the  "Intentions to Tender").  Therefore, Brookfield has  stated 
that based  on the  number of  Western Wind  Shares that  are subject  to  the 
Lock-Ups and the Intentions to Tender, shareholders holding 13,003,013 Western
Wind  Shares,  representing  approximately  21.97%  of  the  Shares  held   by 
Independent Shareholders, have indicated that  they will tender to the  Offer. 
The Company wishes to note that, according to Brookfield's public  statements, 
the Western Wind Shares that are subject to the Lock-Ups and the Intentions to
Tender have not actually been tendered to the Offer. It is impossible to  tell 
how many Western Wind Shares have been actually tendered to the Offer.

Given public statements  made by  Brookfield regarding the  number of  Western 
Wind Shares that are subject to the Lock-Ups and the Intentions to Tender, the
Company wishes to note  the following regarding  the minimum tender  condition 
relating to the Offer as well as Brookfield's ability to acquire Western  Wind 
Shares not deposited to the Offer:

  * It is a condition of the Offer that half of the Western Wind Shares held
    by Independent Shareholders are tendered to the Offer (the "Minimum Tender
    Condition").

  * If, within four months after the date of the Offer, the Offer has been
    accepted by shareholders who, in the aggregate, hold at least 90% of the
    Western Wind Shares (other than Western Wind Shares held by Brookfield as
    of the date of the Offer), Brookfield has stated that it intends, subject
    to compliance with applicable laws, to acquire (the "Compulsory
    Acquisition") all the remaining Western Wind Shares on the same terms that
    the Western Wind Shares were acquired pursuant to the Offer, pursuant to
    the provisions of applicable corporate law. Western Wind Shares held by
    Brookfield as of the date of the Offer will not be counted towards the 90%
    threshold for a Compulsory Acquisition.

  * If Brookfield acquires less than 90% of the Western Wind Shares,
    Brookfield may pursue other means of acquiring the remaining Western Wind
    Shares not deposited under the Offer (a "Subsequent Acquisition
    Transaction"). In order to complete a Subsequent Acquisition Transaction,
    Brookfield must, after taking up Western Wind Shares under the Offer, own
    at least 66 ⅔% of the outstanding Western Wind Shares on a fully-diluted
    basis and sufficient votes must be cast by "minority" holders to
    constitute a majority of the "minority" pursuant to MI 61-101. Brookfield
    has stated that it intends to cause the Western Wind Shares acquired under
    the Offer to be voted in favour of such a Subsequent Acquisition
    Transaction and, to the extent permitted by applicable laws, to be counted
    as part of any minority approval that may be required in connection with
    such transaction. However, Western Wind Shares held by Brookfield as of
    the date of the Offer will not be counted as part of any such minority
    approval.

Jeff Ciachurski, CEO of Western Wind states  "We are proud to have all of  our 
relationships work together to  add significant value for  the benefit of  our 
shareholders during  the sales  process. An  executed 100  MW solar  PPA is  a 
significant asset especially given 74% of Puerto Rico's electrical  generation 
is derived from burning dirty and volatile priced oil. This fact allows strong
PPA pricing for  us but yet  affords the  Power Authority with  a cheaper  and 
cleaner pricing  option for  the rate  payers of  Puerto Rico.  We expect  any 
purchaser  of  Western  Wind  to  consider  this  a  major  benefit  in  their 
valuation."

ABOUT WESTERN WIND ENERGY CORP.

Western Wind is  a vertically integrated  renewable energy production  company 
that owns and operates wind and solar generation facilities with 165 net MW of
rated capacity  in  production, in  the  States of  California  and  Arizona.  
Western Wind further owns  substantial development assets  for both solar  and 
wind energy in the U.S. The Company is headquartered in Vancouver, BC and  has 
branch offices in Scottsdale, Arizona and Tehachapi, California.  Western Wind
trades on the TSX Venture Exchange under  the symbol "WND", and in the  United 
States on the OTCQX under the symbol "WNDEF".

The Company  owns and  operates  three wind  energy generation  facilities  in 
California, and one fully integrated combined wind and solar energy generation
facility in  Arizona.   The  three operating  wind  generation  facilities  in 
California are comprised of the 120MW Windstar, the 4.5MW Windridge facilities
in Tehachapi, and the 30MW Mesa  wind generation facility near Palm  Springs.  
The facility in Arizona is the  Company's 10.5MW Kingman integrated solar  and 
wind facility.   The  Company is  further  developing wind  and  solar  energy 
projects in California, Arizona, and Puerto Rico.

ON BEHALF OF THE BOARD OF DIRECTORS

"SIGNED"

Jeffrey J. Ciachurski
President & Chief Executive Officer

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

CAUTIONARY STATEMENT ON FORWARD-LOOKING INFORMATION

Certain  statements   contained   in   this  news   release   may   constitute 
forward-looking information under applicable Canadian securities legislation. 
These statements relate to future events  and are prospective in nature.   All 
statements  other   than  statements   of  historical   fact  may   constitute 
forward-looking   statements   or    contain   forward-looking    information. 
Forward-looking statements are often, but not always, identified by the use of
words such  as  "may",  "will",  "project",  "predict",  "potential",  "plan", 
"continue", "estimate",  "expect",  "targeting", "intend",  "could",  "might", 
"seek",   "anticipate",   "should",   "believe"   or   variations    thereof.  
Forward-looking information  may relate  to  management's future  outlook  and 
anticipated events  or  results  and may  include  statements  or  information 
regarding the future plans or prospects of the Company.

Forward-looking information  is  based  on  certain  factors  and  assumptions 
regarding, among other things, the exercise of the Option and value that might
be derived from the Master  PPA, the outcome of a  hearing before the OSC,  if 
such hearing occurs, the  results of a valuation,  if obtained by  Brookfield, 
and the availability of a  financially superior offer.  Several factors  could 
cause actual  results  to  differ  materially  from  those  expressed  in  the 
forward-looking statements,  including, but  not limited  to: the  ability  to 
exercise the Option and realize  value from the Master  PPA, the outcome of  a 
hearing before the OSC, if such hearing occurs, the results of a valuation, if
obtained by Brookfield,  may not  be as  anticipated by  the Company,  actions 
taken by  Brookfield,  actions  taken  by the  Western  Wind  Shareholders  in 
relation to  the Offer,  the possible  effect of  the Offer  on the  Company's 
business, the outcome of the Company's previously-announced sale process,  and 
the availability  of value-maximizing  alternatives  relative to  the  Offer.  
Additional risks and uncertainties can be found in the Company's MD&A for  the 
year ended December  31, 2011  and the Company's  other continuous  disclosure 
filings which are available at www.sedar.com.

Forward-looking statements and forward-looking  information involve known  and 
unknown risks, uncertainties and other  factors that may cause actual  results 
or events  to  differ  materially  from  those  anticipated.   Forward-looking 
information is subject to a variety of known and unknown risks,  uncertainties 
and other factors  that could cause  actual events or  results to differ  from 
those  reflected  in   the  forward-looking   statements  including,   without 
limitation: the risk that the Company will not be able to exercise the  Option 
or obtain  any value  from the  Master PPA,  the risk  that the  outcome of  a 
hearing before the OSC will not be in the Company's favor, the results of  the 
valuation, if  obtained by  Brookfield,  will not  be  as anticipated  by  the 
Company, the  progress of  Western  Wind's sales  process, and,  assuming  the 
Company receives  an  expression of  interest  from a  prospective  purchaser, 
whether a financially  superior offer  for Western Wind  emerges, whether  the 
Company is able to successfully negotiate a prospective sales transaction  and 
whether the conditions of any  proposed transaction, including receipt by  the 
Company of all necessary approvals, are met.

The Company believes  that the expectations  reflected in the  forward-looking 
statements contained in this news release are reasonable, but no assurance can
be given that they will prove to be correct.  Actual results and future events
may differ materially from  those anticipated and accordingly  forward-looking 
statements should  not  be  unduly relied  upon.   Forward-looking  statements 
contained in this document speak  only as of the  date of this news  release.  
Except as required by applicable law, Western Wind disclaims any obligation to
update any forward-looking information.

SOURCE Western Wind Energy

Contact:

Investor Relations Contact:

Lawrence Casse
AlphaEdge

Tel:  (416) 992-7227
Email:  alphaedgeinc@gmail.com
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