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Marketwired
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CWB Announces Election of Directors

EDMONTON, ALBERTA -- (Marketwired) -- 03/06/15 -- Canadian Western Bank (TSX: CWB) today announced that all nominees listed in the management proxy circular dated January 2, 2015 were elected as directors of CWB. Detailed results of the vote for the election of directors held yesterday in Edmonton at CWB's Annual General Meeting are set out below.

Election of Directors

On a vote by ballot, each of the 12 nominees proposed by management was elected as a director of CWB:

----------------------------------------------------------------------------
Nominee                       Votes For   % For   Votes Withheld   %Withheld
----------------------------------------------------------------------------
Albrecht W.A. Bellstedt      44,385,922   96.81        1,464,812        3.19
----------------------------------------------------------------------------
Andrew J. Bibby              45,605,887   99.47          244,847        0.53
----------------------------------------------------------------------------
Christopher H. Fowler        45,543,424   99.33          307,310        0.67
----------------------------------------------------------------------------
Linda M.O. Hohol             45,624,052   99.51          226,682        0.49
----------------------------------------------------------------------------
Allan W. Jackson             44,475,422   97.00        1,375,312        3.00
----------------------------------------------------------------------------
Robert A. Manning            45,187,707   98.55          663,027        1.45
----------------------------------------------------------------------------
Sarah A. Morgan-Silvester    45,644,891   99.55          205,843        0.45
----------------------------------------------------------------------------
Robert L. Phillips           44,219,161   96.44        1,631,573        3.56
----------------------------------------------------------------------------
Raymond J. Protti            45,746,725   99.77          104,009        0.23
----------------------------------------------------------------------------
Ian M. Reid                  44,876,296   97.87          974,438        2.13
----------------------------------------------------------------------------
H. Sanford Riley             36,053,643   78.63        9,797,091       21.37
----------------------------------------------------------------------------
Alan M. Rowe                 45,197,424   95.58          653,310        1.42
----------------------------------------------------------------------------

About Canadian Western Bank Group

Canadian Western Bank 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. CWB, along with its operating affiliates, National Leasing, Canadian Western Trust, Valiant Trust, Canadian Direct Insurance, 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.

Contacts:
Matt Evans, CFA
AVP, Investor Relations
Canadian Western Bank
Phone: (780) 969-8337
E-mail: matt.evans@cwbank.com

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© 2015 Marketwired
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