/THIS PRESS RELEASE IS NOT FOR DISTRIBUTION TO ANY UNITED STATES NEWS
SERVICE OR OTHERWISE IN THE UNITED STATES./
HIGH RIVER, AB, Aug. 11 /CNW/ - (TSX - WES) - The Board of Directors of
Western Financial Group has approved a 7 percent increase to the next
quarterly dividend, payable on October 10, 2008 to shareholders of record on
September 30, 2008.
"Our goal is to steadily but responsibly increase our dividend payment
over the years to come," said Jim Dinning, Chairman of the Board. "As we enter
our second year of paying dividends, this increase reflects our continuing
confidence in the growth and profitability in the company."
Western Financial Group is a leader in providing insurance, financial
services and banking services in over 90 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".
For further information:
For further information: Arlene Beggs, Assistant to the President,
Western Financial Group, (403) 652-2663, firstname.lastname@example.org