Western Canadian Coal Issues Update on C$40 Million Financing

TSX: WTN, WTN.DB and AIM: WTN
VANCOUVER, British Columbia--(Business Wire)--Western Canadian Coal Corp (TSX: WTN and WTN.DB and AIM: WTN)
("Western" or "Company") is pleased to announce by way of update to
its news release on November 22, 2007, that the Company is in the
process of closing the C$40 million private placement of Convertible
Debentures ("Debentures").

A further announcement on completion of the Debentures will be
released by the Company on or before December 3, 2007.

About Western Canadian Coal

Western Canadian Coal Corp. produces 3.4 million tonnes of high
quality metallurgical coal from two mines located in the northeast of
British Columbia. The company also has interests in various coal
properties in northern and southern British Columbia and a 50%
interest in the Belcourt Saxon Limited Partnership, which was formed
to explore and develop the Belcourt and Saxon group of properties in
northern BC. Currently, these properties provide the company with an
estimated 25 years of coal reserves.

Cautionary Statements

The information in this news release contains certain
forward-looking statements that involve substantial known and unknown
risks and uncertainties, which are beyond Western's control, including
the price of coal, risks relating to the exploration and development
of coal deposits, and other risk factors outlined in Western's Annual
Information Form available on SEDAR at www.sedar.com. Western's actual
results and performance could differ materially from those expressed
in, or implied by, such forward-looking statements and, accordingly,
no assurance can be given that any of the events anticipated by the
forward-looking statements will transpire or occur or, if any of them
do, what benefits Western will derive from them. This press release is
neither an offer to purchase securities nor a solicitation of an offer
to sell securities.

Western Canadian Coal Corp.
David Jan, 604-608-2692
Manager, Investor Relations & Corporate Development
djan(at)westerncoal.com

Copyright Business Wire 2007