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Western Financial Group Reports Six Month Revenue Up 32.0%, Net Income Up 88.3%, EPS Up 27.3%

HIGH RIVER, AB, Aug. 13 /CNW/ - (TSX-WES) - Western Financial Group ("the Company") today announced its operating and financial results for the six months ended June 30, 2007. For the six months, revenue increased 32.0% to $51.2 million from $38.8 million compared to the same period in 2006 and net income increased 88.3%. Basic earnings per share amounted to $0.14 (diluted $0.12) per share from $0.11 (diluted $0.10) in the same period in 2006.

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