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Western Financial Group Declares Dividends (Nov)

High River, Alberta – November 23, 2009 (TSX – WES, WES.PR.A, WES.PR.B, WES.PR.C) – Western Financial Group (“the Company”) announced today that it will provide the following dividends:

Common Shares (WES): A dividend of $0.0107 per share to be payable on January 15, 2010 to the shareholders of record as of December 30, 2009.

Preferred Series 2: A dividend of $3.375 per share to be payable on January 15, 2010 to the shareholders of record as of December 31, 2009.

Preferred Series 3 (WES.PR.A): A dividend of $3.375 per share to be payable on December 16, 2009, to the shareholders of record as of December 1, 2009.

Preferred Series 4 (WES.PR.B): A dividend of $3.375 per share to be payable on December 16, 2009 to the shareholders of record as of December 1, 2009.

All dividends are designated as “eligible” dividends for the purposes of the Income Tax Act (Canada) and any similar provincial and territorial legislation.

Western Financial Group is a leader in providing insurance, financial services and banking services in over 90 communities, to more than 500,000 individuals and businesses in Western Canada through its Network locations, its affiliated insurance brokers, Western Life Assurance Company, Bank West and SecuriCan General Insurance.


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

This press release is not for distribution to any United States news service or otherwise in the United States.



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