Western Financial Group and Bank West Announce Regulatory Approval for Ubiquity Bank Acquisition



    /THIS PRESS RELEASE IS NOT FOR DISTRIBUTION TO ANY UNITED STATES NEWS
    SERVICE OR OTHERWISE IN THE UNITED STATES/

    (TSX - WES)

    HIGH RIVER, AB, Sept. 26 /CNW/ - 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".

    %SEDAR: 00007536E




For further information:

For further information: Arlene Beggs, Assistant to the President,
Western Financial Group, (403) 652-2663, info@westernfinancialgroup.net


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