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Warrants Alert

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Warrant Symbol - WPT.WT
Number  Trading - 4.5 million
Expiration Date - March 29, 2006
Cusip - 960908 11 9

Warrants called to trade news:
Westport to list 4.5 million warrants on Sept. 29
2004-09-27 16:52 MT - Miscellaneous
TSX bulletin 2004-1084
The common share purchase warrants in respect of 4.5 million common shares will be posted for trading at the open on Wednesday, Sept. 29, 2004.
Warrant symbol:  WPT.WT
Warrant Cusip No.:  960908 11 9
Designated market-maker:  T. Adams, Orion Securities Inc.
The warrants will be issued as part of an offering of nine million units at $1.80 per unit, each unit comprising one common share and one-half warrant, pursuant to the terms of a prospectus dated Sept. 21, 2004.

Each whole warrant entitles the holder to purchase one common share at a price of $2.10 at any time before 4:30 p.m., Calgary time, on March 29, 2006.

The warrants are governed by the terms of a warrant indenture to be dated Sept. 29, 2004, between the company and Computershare Trust Company of Canada as trustee. The warrant indenture provides for appropriate adjustments to be made to the holders of warrants in the event of stock dividends, subdivisions, consolidations and other forms of capital reorganization.

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