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Western Financial Group Declares Quarterly Common Shared Dividend

High River, Alberta – March 19, 2009 (TSX – WES, WES.PR.A, WES.PR.B) – Western Financial Group (“the Company”) announced today that it will provide $0.0107 per common share to each shareholder of record as of March 31, 2009, with the dividend payable on April 15, 2009.

Western Financial Group is a leader in providing insurance, financial and banking services to more than 450,000 individuals and businesses in over 100 communities across Western Canada through its WFG Agency Network locations, 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”.

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

For further information, please contact:
Jodi Greig, Investor Relations Manager
Western Financial Group