WES.PR.C - Western Financial Group Declares Dividends (CAD 4.50)

Company: Western Financial Group Inc. Pref Ser 5
Stock Name: WES.PR.C
Amount: CAD 4.50
Announcement Date: 02/09/2011
Record Date: 28/09/2011

Dividend Detail:

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HIGH RIVER, AB, Sept. 2, 2011 /CNW/ - Western Financial Group ("the
Company") announced today that it will provide the following dividend:

First Preferred Shares Series 5:  (WES.PR.C):  A dividend of $4.50 per share to be payable on October 14, 2011 to
the shareholders of record as of September 30, 2011.

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 western Canada based, diversified,
financial services company serving more than 550,000 customers. Founded
in 1996 and headquartered in High River, Alberta. Western provides
insurance, banking and investment products and services through more
than 120 office locations, the internet (www.westernfinancialgroup.ca) and other distribution channels. With a skilled team of
approximately1400 employees, and backed by the strong resources of its
owners, Western is committed to building the strongest financial
services company in western Canada.

Western Financial Group is a subsidiary of Desjardins Group, the leading
cooperative financial group in Canada and the sixth largest in the
world.

This press release is not for distribution to any United States news
service or otherwise in the United States.