Western Financial Group Announces Completion of Additional Acquisitions in Alberta



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

    HIGH RIVER, AB, Oct. 9 /CNW/ - (TSX - WES) - Western Financial Group
announced today that they have completed additional acquisitions in Alberta -
Younger & Holmes Limited in Peace River and Fimac Insurance Ltd. in Fairview.
"Our Agency Network continues to expand in growing communities in Western
Canada. Both operations have strong market share in their respective
communities," said Scott Tannas, President and CEO of Western Financial Group.

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


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