Western Financial Group Declares Quarterly Common Share Dividend



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

    HIGH RIVER, AB, Dec. 10 /CNW/ - (TSX - WES, WES.PR.A) - Western Financial
Group ("the Company") announced today that it will provide $0.01 per common
share to each shareholder of record as of January 2, 2008, with the dividend
payable on January 15, 2008.

    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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Western Financial Group

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