Western Financial Group Announces New Locations in Thompson, Manitoba and Lethbridge, Alberta



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    SERVICE OR OTHERWISE IN THE UNITED STATES/

    HIGH RIVER, AB, Jan. 3 /CNW/ - (TSX - WES) - Western Financial Group (the
"Company") announced today that it has closed on additional acquisitions in
Alberta and Manitoba. The acquisition of Early Insurance in Thompson, Manitoba
and Southern Insurance Management in Lethbridge, Alberta were effective
December 1, 2007 and January 1, 2008 respectively.
    "We now have a significant presence in two more key locations in western
Canada," said Scott Tannas, President and CEO of Western Financial Group.
"Thompson is a thriving community with a large natural resource base including
mining and hydro operations, and is the hub for Canada's eastern Arctic.
Lethbridge is one of Alberta's most important cities, one which has been on
our "most desirable" list for a long time," he said.

    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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