George Weston Limited - Redemption of Preferred Shares, Series II

    TORONTO, Feb. 19 /CNW/ - George Weston Limited (TSX: WN) announces that
it will redeem for cash, on April 1, 2009 (the "Redemption Date"), all of its
outstanding Preferred Shares, Series II for a redemption price of $25.00 per
share, together with an amount equal to all dividends, if any, accrued thereon
and unpaid up to but not including the Redemption Date.

    George Weston Limited is a Canadian public company founded in 1882 and
through its operating subsidiaries constitutes one of North America's largest
food processing and distribution groups. George Weston Limited has two
reportable operating segments: Weston Foods and Loblaw, which is operated by
Loblaw Companies Limited. The Weston Foods operating segment is primarily
engaged in the baking industry within North America. Loblaw is Canada's
largest food distributor and a leading provider of general merchandise,
drugstore and financial products and services.

For further information:

For further information: Geoffrey Wilson, Senior Vice President, (416)

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