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Western Financial Group Reports Record Revenues For 2007; Net Income Up 53%

High River, Alberta – March 18, 2008 (TSX–WES, WES.PR.A, WES.PR.B) Western Financial Group today reported record revenues and net income for the year ended December 31, 2007. Revenue increased by 38.1% to $114.1 million from $82.6 million in 2006. Net income increased 52.9% to $12.2 million. Basic earnings per share were $0.24 (diluted $0.22) up from $0.22 (diluted $0.20) in 2006.

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