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Western Financial Group Declares Dividend

(TSX – WES, WES.PR.A) - The Board of Directors of Western Financial Group (“the Company”) today declared an initial dividend of $2.65574 per share on the first preferred shares, series three for the period ending November 30, 2007. The dividend is payable to the shareholders of record at the close of business on November 26, 2007 and will be paid on December 3, 2007.

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

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