CWB Completes Sale of Valiant Trust Company Assets

EDMONTON, ALBERTA -- (Marketwired) -- 05/01/15 -- Canadian Western Bank (TSX: CWB) today announced the successful completion, effective May 1, 2015, of its previously disclosed transaction to sell certain assets of its subsidiary, Valiant Trust Company (Valiant), to Computershare Limited ("Computershare") (AUX: CPU) for cash proceeds of approximately $33 million. Assets purchased by Computershare relate to Valiant's business in stock transfer, corporate trust and employee incentive plan services.

About CWB Group

Canadian Western Bank (TSX: CWB) offers a full range of business and personal banking services across the four western provinces and is the largest publicly traded Canadian bank headquartered in Western Canada. The Bank, along with its operating affiliates, National Leasing Group, Canadian Western Trust, Canadian Western Financial, Adroit Investment Management, and McLean & Partners Wealth Management, collectively offer a diversified range of financial services across Canada and are together known as the CWB Group. The common shares of Canadian Western Bank are listed on the Toronto Stock Exchange under the trading symbol "CWB". CWB's Series 5 Preferred Shares trade on the Toronto Stock Exchange under the trading symbol "CWB.PR.B". Refer to www.cwb.com for additional information.

About Computershare Limited

Computershare Limited (Computershare) (ASX: CPU) is a global market leader in transfer agency and share registration, employee equity plans, proxy solicitation and stakeholder communications. The company also specializes in corporate trust, mortgage, bankruptcy, class action and utility administration, and a range of other diversified financial and governance services. Founded in 1978, Computershare is renowned for its expertise in high integrity data management, high volume transaction processing and reconciliations, payments and stakeholder engagement. Many of the world's leading organizations use Computershare to streamline and maximize the value of relationships with their investors, employees, creditors and customers. The company is represented in all major financial markets and has over 15,000 employees worldwide. For more information, visit www.computershare.com

Contacts:
Kirby Hill, CFA
Vice President, Strategy & Communications
Canadian Western Bank
(780) 441-3770
[email protected]

Matt Evans, CFA
AVP, Investor Relations
Canadian Western Bank
(780) 969-8337
[email protected]

Source: Canadian Western Bank

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