Bayswater Adds Correction to Its Statement on the Tragic Helicopter Accident on Its Labrador Uranium Project as Reported Yesterday

Vancouver, BC, October 4, 2007 ─ Bayswater Uranium Corporation (TSX-V: BAY) wishes to correct its statement yesterday in regards to the tragic helicopter accident at Postville, Labrador in light of further information. The accident did not occur during a routine landing but occurred immediately after a routine take- off following refueling at the fuel storage area in Postville. The Company is waiting on further information from the authorities. The management and staff at Bayswater are grieved by the loss of a highly valued member of its exploration team and again express our condolences to the family of the individual who tragically lost his life.

On behalf of the Board of:

BAYSWATER URANIUM CORPORATION

George M. Leary
President and CEO

Media contact:

Marilyn Butland, Pilot Communications
Telephone: 709-753-0794 or 709-727-3171

Investor contact:

John Gomez Manager, Investor Relations
Telephone: (604) 687-2153

 

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