October 30, 2008 09:45 ET

Cotton & Western Mining, Inc. -- CWRN Reorganizes Equity and Announces 6:1 Stock Dividend

HOUSTON, TX--(Marketwire - October 30, 2008) - Cotton & Western Mining, Inc. (PINKSHEETS: CWRN) -- Robert L. Cotton, President of Cotton & Western Mining, Inc., announced today that the majority shareholders and the Board of Directors has finalized reorganization of equity and that the Board of Directors has approved a 6 for 1 stock dividend of the Company's common stock. Each shareholder of record at the close of business on November 20, 2008 will receive five (5) additional restricted shares for every outstanding share held as of the date thereof. The payment date for the additional shares will be November 30, 2008, with distribution of the new shares to also occur on or about November 30, 2008. Shareholders will be credited automatically by the company's transfer agent, and shareholders will have their certificates sent directly to them by the transfer agent.

The authorized common shares of CRWN is 6,000,000,000. Of the 6,000,000,000 authorized, 100,000 CRWN Series A super voting Preferred shares have been authorized and 100,000 are presently issued and outstanding to three control shareholders.

The CWRN new CUSIP number is - 221737 307 and the reorganization of its common stock was a 480:1 reverse split. All CWRN shareholders of Record Date as above will receive dividend share (s).

The Board of Directors believes that this action will increase shareholder value and create more trading liquidity. The stock consolidation will not change shareholders' existing proportionate ownership.

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The Company has completed draft agreements with a Chinese steel mill for all of its Baja California, Mexico Iron Ore Production. Due to the current oversupply of iron ore stocks in China and a general down-turn in the steel industry; the agreements will not be executed until annual fixed priced agreements for year 2009 are negotiated by the Chinese Steel Manufacturers Association. The Company expects that all agreements will be finalized in January 2009 with expected production to begin by June of 2009.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Except for historical information, the forward-looking matters discussed in this news release are subject to certain risks and uncertainties which could cause the Company's actual results and financial condition to differ materially from those anticipated by the forward-looking statements including, but not limited to, the Company's liquidity and the ability to obtain financing, the timing of regulatory approvals, uncertainties related to corporate partners or third-parties, product liability, the dependence on third parties for manufacturing and marketing, patent risk, copyright risk, competition, and the early stage of products being marketed or under development, as well as other risks indicated from time to time in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.