Tony Dagnone joins Pacific & Western team as health care advisor



    LONDON, ON, Dec. 6 /CNW/ - David Taylor, President & C.E.O. of Pacific &
Western Credit Corp., (TSX:PWC) is pleased to announce that Tony Dagnone has
joined Pacific & Western Credit Corp.'s wholly owned subsidiary, Pacific &
Western Bank of Canada, as a special advisor in the health care industry.
    Mr. Dagnone brings to the Bank over thirty-eight years of experience
within the health care system. Most recently, Mr. Dagnone was the President &
C.E.O. of London Health Sciences Centre, a position he held for over ten
years. Prior to that, he held the positions of President and C.E.O. of the
former University Hospital for three years. Mr. Dagnone is a past chair of the
Ontario Hospital Association and a member of several provincial and national
health care committees. Mr. Dagnone was granted the Order of Canada in 1992
for his work in the community and leadership in healthcare and in 2003 he was
awarded the Queen's Jubilee Medal. In 2005 he was awarded the Canadian College
of Health Services Executives Chairman's Award for Distinguished Service.
    David Taylor commented that, "We are very pleased that Tony Dagnone has
joined the Pacific & Western team as a special advisor. His extensive
experience and broad knowledge of the health care industry is a great asset to
the Bank as it continues to expand its health care financing program."

    Pacific & Western Bank of Canada is wholly owned by Pacific & Western
Credit Corp., whose shares trade on the TSX under the symbol PWC.

    Further information is available through Pacific & Western's corporate
web site at http://www.pwbank.com.





For further information:

For further information: Tel Matrundola, Vice President at
telm@pwbank.com or by phone at 1-866-787-9936. To receive company news
releases via e-mail, please contact Camille Malette, Telephone (519) 675-4204,
 camillem@pwbank.com

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Pacific & Western Credit Corp.

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