Western Pacific Trust Company: Private Placement

Pursuant to the Financial Institutions Act, all persons who intend to acquire 10% or more of a trust company must first obtain the consent of the Superintendent of Financial Institutions. The necessary submissions have been made to the Financial Institutions Commission, where they are currently under consideration.

Western Pacific will not be in a position to close the Private Placement until the Superintendent has responded to the submissions from those placees who would, by their participation, acquire 10% or more of the issued shares of the Company.

A news release will be issued in respect to the Closing date and details of the Private Placement once the Financial Institution has concluded its deliberations.

About Western Pacific Trust Company

Western Pacific Trust Company is a non-deposit taking financial corporation. Western Pacific is licensed under the Financial Institutions Act in British Columbia as a Trust Company, and is also registered extra-provincially in Alberta as a non-deposit taking Trust Company. Western Pacific Trust has two wholly owned subsidiaries: Futureworth Financial Planners Corp., a licensed mutual fund dealer in British Columbia, Alberta, Ontario and Nova Scotia, and Western Equity Loans Ltd., a registered mortgage broker in British Columbia and Ontario.

Anthony Liscio, President & C.E.O.

This news release was prepared by the Board of Directors which is solely responsible for its contents.

The TSX Venture Exchange has neither approved nor disapproved the information contained herein. (604) 669-6978 (FAX)