Western Financial Group Declares Dividends (Nov 2011)

For Immediate Release

Western Financial Group Declares Dividends

High River, Alberta – Nov. 23, 2011 (TSX – WES) – Western Financial Group (“the Company”) announced today that it will provide the following dividends:

First Preferred Shares Series 3 (WES.PR.A) – A dividend of $3.3750 per share to be declared payable on December 16, 2011 to the holders of record as of December 1, 2011.

First Preferred Shares Series 4: (WES.PR.B) – A dividend of $3.3750 per share to be declared payable on December 16, 2011 to the holders of record as of December 1, 2011.

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

About Western Financial Group
Western Financial Group is a western Canada based, diversified, financial services company serving more than 550,000 customers. Founded in 1996 and headquartered in High River, Alberta. Western provides insurance, banking and investment products and services through more than 120 office locations, the internet (www.westernfinancialgroup.ca) and other distribution channels. With a skilled team of approximately 1,400 employees, and backed by the strong resources of its owners, Western is committed to building the strongest financial services company in western Canada. Western Financial Group is a subsidiary of Desjardins Group, the leading cooperative financial group in Canada and the sixth largest in the world.

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