Anchorage Capital Master Offshore, Ltd. Sends Letter to Western Prospector Group Special Committee.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Anchorage Anchorage (ăng`kərĭj), city (1990 pop. 226,338), Anchorage census div., S central Alaska, a port at the head of Cook Inlet; inc. 1920. Capital Master Offshore, Ltd., a private investment fund, today sent the following letter to the Special Committee of the Board of Directors of Western Prospector Group Ltd. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension : WNP WNP Wireless Number Portability (FCC) WNP White Nationalist Party WNP Washington Nuclear Power WNP Will Not Proceed ): May 28, 2008 Gordon Pridham Chairman, Special Committee of the Board of Directors Western Prospector Group, Ltd. Suite 1205 675 West Hastings Street Vancouver British Columbia V6B 1N2 Canada Dear Gordon: After reviewing the unsolicited un·so·lic·it·ed adj. Not looked for or requested; unsought: an unsolicited manuscript; unsolicited opinions. unsolicited Adjective bid for Western Prospector Group, Ltd. ("Western") by Khan Resources, Inc. ("Khan"), Anchorage Capital Master Offshore, Ltd. ("Anchorage") believes the bid by Khan significantly undervalues the shares of Western. Please accept this notification that Anchorage does not intend to tender its Western shares to Khan. Sincerely,
Tony Davis, President
Anchorage Advisors, L.L.C., investment manager to Anchorage
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Bobby Cooper, Director, Member of the Special Committee
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Felix Pardo, Director, Member of the Special Committee
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Tom Parker, Director, Member of the Special Committee
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