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Western Financial Group Confirms Zero Exposure to Asset-Backed Commercial Paper

(TSX – WES) – Western Financial Group Inc. (“the Company”) announced today that it and its subsidiaries are not issuers or holders of asset-backed commercial paper or ABCP.

Western Financial Group is a leader in providing insurance, financial services and banking services in over 80 communities, to more than 400,000 individuals and businesses in Western Canada through its WFG Agency Network locations, its affiliated insurance brokers, Western Life Assurance Company and Bank West.

The Common Shares of Western Financial Group are traded on the Toronto Stock Exchange under the symbol “WES”.

For further information, please contact:
Arlene Beggs, Assistant to the President
Western Financial Group
403-652-2663