Westhaven Closes Initial Public Offering __________________________________________________________

westhaven ventures inc.

Westhaven Ventures Inc.

1920-1095 West Pender St.

Vancouver, BC V6E 2M6

WESTHAVEN CLOSES INITIAL PUBLIC OFFERING __________________________________________________________

December 21, 2010 TSX Venture Exchange Trading Symbol: WHN.P

Westhaven Ventures Inc. (the “Company”), a capital pool company pursuant to Policy 2.4 of the TSX Venture Exchange (the “TSX-V”), is pleased to announce that on December 20, 2010 it completed its initial public offering of 2,000,000 common shares (the “Shares”) issued at a price of $0.10 per Share resulting in gross proceeds to the Company of $200,000 pursuant to a prospectus dated November 12, 2010. A cash commission of 8% of the gross proceeds of the offering was paid to the Company’s agent, Haywood Securities Inc.

(“Haywood”), as well as a work fee of $10,000 plus HST. In addition, Haywood received 160,000 non transferable options to acquire up to 160,000 Shares at a price of $0.10 per Share for a period of 24 months, in consideration for its services as the Company’s agent. The Company will use the net proceeds from the offering for examination and possible participation in, or acquisition of, assets or businesses.

As a result of this issuance, the Company has 15,000,000 Shares issued and outstanding. The Company has received approval for the listing of its Shares on the TSX-V under the symbol “WHN.P” and the Company’s common shares are expected to commence trading on the TSX-V on December 24, 2010.

On behalf of the Board of Directors

WESTHAVEN VENTURES INC.

"Gareth Thomas"

Gareth Thomas, Director

For further information, please contact Gareth Thomas at 604-681-5558 or visit Westhaven’s website at www.westhavenventures.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.