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Western Financial Group Hosts Research Analysts

High River, Alberta – June 10, 2009 (TSX – WES) – Today, members of Western Financial Group’s senior management team presented a corporate update to several Canadian research analysts.

As part of the presentation, Bank West’s President and CEO Bruce Ratzlaff reported that the credit quality at the Bank remains strong with May gross impaired loans at 1.2% of the loan portfolio compared to 1.0% as reported at March 31, 2009. A copy of his presentation can be seen on the Company’s website at www.westernfinancialgroup.ca.

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 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”.
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, Manager Investor Relations
Western Financial Group