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Market Wire

Trelawney Appoints New Chief Financial Officer & Treasurer

Market Wire,  February, 2008  

Trelawney Resources Inc. (TSX VENTURE: TRR) is pleased to announce that Andres Tinajero, formerly Controller Eastern Canada Aggregates for Lafarge Canada, a $19 billion dollar company focused in aggregates, cement asphalt and ready-mix operations, has accepted the position of Chief Financial Officer. Mr. Tinajero's experience in the mining industry will be a great asset to Trelawney Resources. Jim Fairbairn, Trelawney's former CFO, will now hold the position of Treasurer. Mr. Tinajero has been granted 60,000 options at an exercise price of $0.11. The Company has also issued 40,000 options to a consultant also exercisable at $0.11.

Wayne O'Connor, President & CEO stated:

"I am enthused to work with Andres and believe his skill set is a good match for Trelawney Resources as it progresses. I would like to take this opportunity to thank Jim Fairbairn, who has been Trelawney's CFO since inception. His work on the Company's behalf has been considerable and we're pleased that he is remaining with Trelawney as Treasurer."

ABOUT TRELAWNEY RESOURCES

Trelawney is the largest land holder in the entire Wawa/Hemlo mining camp with approximately 21,000 acres under its control; the consolidated land position contains over 48 known gold occurrences. The Company continues to be one of the most active exploration companies exploring for gold in the Mishibishu Greenstone Belt in the Wawa area.

Shares Issued: 88,652,688

Statements in this press release regarding the Company's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties, such as estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements.

This press release contains forward looking statements within the meaning of applicable Canadian and U.S. securities regulation, including statements regarding the future activities of the Company. Forward looking statements reflect the current beliefs and expectations of management and are identified by the use of words including "will", "anticipates", "expected to", "plans", "planned" and other similar words. Actual results may differ significantly. The achievement of the results expressed in forward looking statements is subject to a number of risks, including those described in the Company's annual information form as filed with the Canadian securities regulators which are available at www.sedar.com . Investors are cautioned not to place undue reliance upon forward looking statements.

The TSX Venture Exchange has neither approved nor disapproved of the information contained herein.

Contacts: Trelawney Resources Inc. Wayne J. O'Connor President and CEO (416) 361-2826 Email: wayne@trelawneyresources.com Website: www.trelawneyresources.com