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Western Financial Group and Bank West Announce

(TSX – WES) – Western Financial Group and its subsidiary, Bank West announced today that they have received all necessary approvals from regulatory authorities for the completion of the acquisition of Ubiquity Bank of Canada. The
parties are now focused on a timely closing of the transaction.

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
403-652-2663

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