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Press release from CNW Group

CWB announces election of directors

Thursday, March 07, 2013

CWB announces election of directors20:24 EST Thursday, March 07, 2013EDMONTON, 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 DirectorsOn a vote by ballot, each of the 14 nominees proposed by management was elected as a director of CWB:NomineeVotes For% ForVotes Withheld% WithheldAlbrecht W.A. Bellstedt, Q.C.49,625,13398.59%709,5101.41%Andrew J. Bibby 49,614,12799.63%186,3550.37%Christopher H. Fowler 49,706,65299.81%95,6140.19%Linda M.O. Hohol 49,364,21499.12%436,2680.88%Allan W. Jackson 49,077,34998.55%723,1331.45%Wendy A. Leaney49,689,08199.78%111,4010.22%Robert A. Manning 49,346,62299.09%453,8600.91%Howard E. Pechet 49,285,35098.97%515,1321.03%Robert L. Phillips, Q.C. 48,497,49897.38%1,302,9842.62%Raymond J. Protti 49,688,83899.78%107,2440.22%Ian M. Reid 49,695,84198.73%638,8021.27%H. S. (Sandy) Riley 48,801,71997.99%998,7632.01%Alan M. Rowe 49,687,01499.77%113,4680.23%Arnold J. Shell 49,558,42999.51%242,0530.49% About Canadian Western Bank GroupCWB 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 www.cwb.com for additional informationSOURCE: Canadian Western BankFor 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 E-mail: kirby.hill@cwbank.com