CWB announces election of directors

EDMONTON, March 7, 2013 /CNW/ - Canadian Western Bank (TSX: CWB) (CWB or the Bank) announced that all nominees listed in the management proxy circular dated January 4, 2013 were elected as directors of CWB. Detailed results of the vote for the election of directors held earlier today in Edmonton at CWB's Annual and Special Meeting are set out below.

Election of Directors

On a vote by ballot, each of the 14 nominees proposed by management was elected as a director of CWB:

Nominee Votes For % For Votes Withheld % Withheld
Albrecht W.A. Bellstedt, Q.C. 49,625,133 98.59% 709,510 1.41%
Andrew J. Bibby  49,614,127 99.63% 186,355 0.37%
Christopher H. Fowler  49,706,652 99.81% 95,614 0.19%
Linda M.O. Hohol  49,364,214 99.12% 436,268 0.88%
Allan W. Jackson  49,077,349 98.55% 723,133 1.45%
Wendy A. Leaney 49,689,081 99.78% 111,401 0.22%
Robert A. Manning  49,346,622 99.09% 453,860 0.91%
Howard E. Pechet  49,285,350 98.97% 515,132 1.03%
Robert L. Phillips, Q.C.  48,497,498 97.38% 1,302,984 2.62%
Raymond J. Protti  49,688,838 99.78% 107,244 0.22%
Ian M. Reid  49,695,841 98.73% 638,802 1.27%
H. S. (Sandy) Riley  48,801,719 97.99% 998,763 2.01%
Alan M. Rowe  49,687,014 99.77% 113,468 0.23%
Arnold J. Shell  49,558,429 99.51% 242,053 0.49%


About Canadian Western Bank Group

CWB offers a full range of business and personal banking services across the four western provinces and is the largest Canadian bank headquartered in Western Canada. The Bank, along with its operating subsidiaries, Canadian Western Trust Company, Valiant Trust Company, Canadian Direct Insurance Incorporated, National Leasing Group Inc., Adroit Investment Management Ltd. and Canadian Western Financial Ltd., offer a diversified range of financial services and are collectively known as Canadian Western Bank Group. The common shares of Canadian Western Bank are listed on the Toronto Stock Exchange under the trading symbol 'CWB'. Refer to for additional information

SOURCE: Canadian Western Bank

For further information:

Chris Fowler 
President and Chief Executive Officer
Canadian Western Bank
Phone: (780) 423-8888

Kirby Hill, CFA
Director, Strategy & Communications
Canadian Western Bank
Phone: (780) 441-3770

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Canadian Western Bank

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