Western Financial Group Declares Dividends

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

HIGH RIVER, AB, Nov. 15 /CNW/ - (TSX - WES) - Western Financial Group ("the Company") announced today that it will provide the following dividends: 

Common Shares:			TSX: WES - A dividend of $0.0107 per share be declared payable on January 14, 2011 to the holders of record as of December 31, 2010.
Preferred Series 2:			TSX: WES.PR.D - A dividend of $3.3750 per preferred share be declared payable on January 14, 2011 to holders of record as of December 31, 2010.
Preferred Series 3:			TSX:WES.PR.A - A dividend of $3.3750 per preferred share be declared payable on December 16, 2010 to holders of record as of December 1, 2010.
Preferred Series 4:			TSX:WES.PR.B - A dividend of $3.3750 per preferred share be declared payable on December 16, 2010 to holders of record as of December 1, 2010.

All dividends are designated as "eligible" dividends for the purposes of the Income Tax Act (Canada) and any similar provincial and territorial legislation.

Western Financial Group is a leader in providing insurance, financial services and banking services in over 90 communities, to more than 500,000 individuals and businesses in Western Canada through its Network locations, its affiliated insurance brokers, Western Life Assurance Company, Bank West and SecuriCan General Insurance.

The Common Shares of Western Financial Group are traded on the Toronto Stock Exchange under the symbol "WES".

For further information:

Arlene Beggs, Assistant to the President
Western Financial Group
403-652-2663
[email protected]