Frequently Asked Questions Click on questions below for answers:

1. Should I accept or reject the Khan Offer?
2. How do I reject the Khan Offer?
3. Can I withdraw my Western Shares if I have already tendered?
4. How do I withdraw my Western Shares?
5. Why does the Board believe that the Khan Offer should be rejected?
6. National Bank Financial has provided a written opinion to the Board that the consideration being offered pursuant to the Khan Offer is, as of the date of such opinion, inadequate from a financial point of view to the Western Shareholders.
7. How much will I receive for each of my Western Shares?
8. What is the Board doing in response to the Khan Offer?
9. My broker advised me to tender my Western Shares.  Should I?
10. Do I have to decide now?
11. Are Western's Board of Directors and senior officers tendering to the Khan Offer?
12. Who do I ask if I have more questions?


1. Should I accept or reject the Khan Offer?
Your Board unanimously recommends that Western Shareholders REJECT the Khan Offer and NOT TENDER their Western Shares.  Members of the Board and management ARE NOT TENDERING their Western Shares pursuant to the Khan Offer, which the Board views as offering inadequate consideration to Western Shareholders.

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2. How do I reject the Khan Offer?
You do not need to do anything to reject the Khan Offer.  Simply DO NOT TENDER your Western Shares.

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3. Can I withdraw my Western Shares if I have already tendered?
YES.  According to the Khan Circular, you can withdraw your Western Shares: (a) at any time until your Western Shares have been taken up by Khan under the Khan Offer; (b) if your Western Shares have not been paid for by Khan within three business days after having been taken up; (c) at any time within ten days of Khan mailing a notice of change relating to a change which has occurred in the information contained in the Khan Circular that would reasonably be expected to affect the decision of a Western Shareholder to accept or reject the Khan Offer, provided your Western Shares have not been taken up by Khan at the date of the notice; and (d) at any time within ten days of Khan mailing a notice of variation concerning a variation in the terms of the Khan Offer (other than a variation consisting solely of an increase in the consideration offered for the Western Shares where the date of take up is not extended for more than 10 days or a variation consisting solely of a waiver of a condition of the Khan Offer), provided your Western Shares have not been taken up by Khan at the date of the notice.  Any Western Shareholder who has already tendered Western Shares under the Khan Offer should WITHDRAW those Western Shares.

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4. How do I withdraw my Western Shares?
We recommend you contact your broker or Georgeson, the information agent retained by Western, at one of the numbers listed at the end of this Q&A for information on how to withdraw your Western Shares.

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5. Why does the Board believe that the Khan Offer should be rejected?
The Board believes that the Khan Offer fails to provide full value for Western and is an attempt by Khan to acquire Western without offering adequate consideration to Western Shareholders. 
The Board believes that:

    1. The Khan Offer would be dilutive to Western’s asset quality and there is considerably less risk associated with Western’s cost of development. The share exchange ratio under the Khan Offer does not reflect the relative merits of Western's assets as compared to Khan's assets.
    2. The Khan Offer does not reflect the underlying value of Western’s assets.
    3. The complexity of Khan's ownership structure could be detrimental to the value realized by Western Shareholders.
    4. The synergies of the combined entity cited by Khan are highly speculative and would primarily accrue to Khan’s shareholders at the expense of Western's Shareholders.
    5. The Khan Offer is timed opportunistically to disadvantage Western Shareholders and only gives the illusion of an offer premium.
    6. The Khan Shares being offered to Western Shareholders are historically volatile, of uncertain value and thinly traded causing the Khan Shares to be an unattractive form of consideration.
    7. Khan is attempting to gain control of Western without paying an appropriate change of control premium.
    8. Western’s Board is pursuing other value-maximizing alternatives and a superior proposal may emerge.
    9. Khan is attempting to deny the Western Board sufficient time to maximize value for Western Shareholders.
    10. The Khan Offer is inadequate from a financial point of view.
    11. The Khan Offer is coercive, highly conditional and could result in Western Shareholders holding an illiquid stock.

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6. National Bank Financial has provided a written opinion to the Board that the consideration being offered pursuant to the Khan Offer is, as of the date of such opinion, inadequate from a financial point of view to the Western Shareholders.
A summary of all of the reasons for the unanimous recommendation of the Board is included on pages 9 to 17 in the Directors' Circular.

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7. How much will I receive for each of my Western Shares?
The value of the Khan Offer is highly uncertain and potentially volatile.  Khan is offering 0.685 of a Khan Share for each Western Share.
If you are an "Ineligible U.S. Holder" as defined in the Khan Offer, you will not receive any Khan Shares for your Western Shares.  Instead, Khan Shares will be issued to a Canadian trustee who will sell them on your behalf, at a price, date and cost not of your choosing, and remit the net proceeds to you.

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8. What is the Board doing in response to the Khan Offer?
The Board has established a Special Committee which, along with the Board of Directors, is working to evaluate strategic alternatives to enhance shareholder value.  Western has been solicited by, and has initiated contact with, a number of third parties who have expressed an interest in considering alternative transactions.

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9. My broker advised me to tender my Western Shares.  Should I?
NO.  The Board of Directors has unanimously recommended that Western Shareholders REJECT the Khan Offer and NOT TENDER their Western Shares.  Your Board has a fiduciary duty to act in the best interest of all Western Shareholders.
You should be aware that Khan has established a soliciting dealer group and that Khan has agreed to pay brokers for Western Shares tendered to the Khan Offer.

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10. Do I have to decide now?
NO.  You do not have to take any action at this time.  The Khan Offer is scheduled to expire on June 20, 2008 and is subject to a number of conditions that have yet to be satisfied.  While there is no assurance, it is possible that a superior proposal for Western Shares could emerge prior to that time.  The Board recommends that you not take any action until closer to the expiry date of the Khan Offer to ensure that you are able to consider all of the options available to you.
If you have already tendered Western Shares to the Khan Offer and you decide to WITHDRAW these Western Shares from the Khan Offer, you must allow sufficient time to complete the withdrawal process prior to the expiry of the Khan Offer. 
For more information on how to WITHDRAW your Western Shares, you should contact your broker or Georgeson at one of the numbers listed below and on the back page of this Directors' Circular.

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11. Are Western's Board of Directors and senior officers tendering to the Khan Offer?
NO.  Members of the Board and Western's senior officers ARE NOT TENDERING their Western Shares, which the Board views as offering inadequate consideration to Western Shareholders.

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12. Who do I ask if I have more questions?
Your Board recommends that you read the information contained in this Directors' Circular in its entirety.  Please contact Georgeson, the information agent retained by Western, with any questions or requests for assistance that you might have.
TELEPHONE NUMBERS FOR GEORGESON:
North American Toll-Free Number: 1-866-433-7579
Banks, Brokers and collect calls: 1-212-440-9800

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