Winfield Resources Limited: Ras Lanuf Crude Oil Supply

THIS RELEASE IS NOT INTENDED FOR DISTRIBUTION IN THE UNITED STATES

Winfield Resources Limited (the "Company" or "Winfield") (NEX:WWF.H) announces
that, further to its news release of January 10, 2008, it has received
conditional approval from the National Oil Corporation ("NOC") of Libya to a
crude oil supply arrangement.


With respect to the Company's application to build, own and operate a 300,000
barrel per day oil refinery at Ras Lanuf, Libya, Winfield will purchase 150,000
barrels per day of crude oil from the NOC, specifically Amna and Sirtica blends.


Winfield will purchase the remaining 150,000 b/d from other sources where the
crude oil is heavier than the Libyan blends and where the corresponding
discounts support better refinery economics.


The sale of the crude oil by NOC to Winfield shall be in accordance with NOC's
general terms and conditions, at official international market prices.


This feed stock supply arrangement is valid until March 20, 2009, and may be
extended upon approval by the NOC provided that during that period Winfield
continues to execute its implementation strategy which would include
environmental impact studies, critical path project plan definition, detailed
process design, licensor selection, contractor selection, EPC project execution,
and initiation of the refinery.


The Company has applied to the Libyan Foreign Investment Board ("LFIB") for
approval to its Ras Lanuf EPMC Refinery proposal. Full regulatory approval rests
upon ratification of a successful LFIB application by the Libyan Ministry of
Economy, Trade and Investment.


Risk Factors: The arrangement with the NOC is not a final or definitive
agreement; and there is no assurance the Company will be able to negotiate and
finalize an agreement on terms satisfactory to it. There is no assurance the
Company will receive final regulatory approvals to construct an oil refinery in
the Ras Lanuf area, on terms acceptable to it, or at all. There is also no
assurance the Company will be able to source the additional 150,000 b/d crude
oil feedstock or financing for such refinery project on terms acceptable to the
Company, or at all. The Company will pay for initial purchases of crude oil from
the NOC using funds allocated under the Company's oil refinery construction and
implementation budget. Thereafter, the continued supply of crude oil will be
financed from cash flow. As previously announced, there is no assurance the
Company will be able to finance this project on terms acceptable to the Company,
or at all. There is also no assurance the NOC will grant extensions from time to
time to the above stated feed stock supply arrangement, or that the same may be
cancelled should the Company fail to adequately continue implementation of the
Ras Lanuf refinery.


On behalf of the Board

Robert Michael Foley, President and CEO

Certain statements herein may constitute "forward looking" statements that
involve known and unknown risks, uncertainties and other factors that may cause
our actual results to be materially different from any future results expressed
or implied by such forward looking statements. These statements relate to future
events and reflect the expectations of management regarding business prospects
and opportunities. Such forward looking statements reflect current beliefs of
management or of the third parties to which they are attributed and are based on
information currently available to us. In some cases, the statements use such
words as "may", "will", "intend", "should", "expect", "believe", "plan",
"anticipate", "estimate", "predict", "potential", "continue" or the negative of
these terms or other similar terminology. These statements reflect current
expectations regarding future events and speak only as of the date hereof, or in
the case of third party statements as of the date on which they were made.
Forward looking statements involve significant risks and uncertainties, should
not be read as guarantees of future results, and will not necessarily be
accurate indications of whether or not such results will be achieved, and there
can be no assurance that actual results will be consistent with these forward
looking statements.

Winfield Resources Limited (TSXV:WWF.H)
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