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Western Financial Group Declares Quarterly Common Share Dividend (March)

(TSX – WES, WES.PR.A, WES.PR.B) – Western Financial Group (“the
Company”) announced today that it will provide $0.01 per common share to each shareholder of record as of March 31, 2008, with the dividend payable on April 14, 2008.

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