FWF.P First Western Financial Ventur

NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA

First Western Financial Ventures Inc. ("First Western") (TSX VENTURE:FWF.P)
today released its interim financial statements for the second quarter ended
June 30, 2007. First Western is a Capital Pool Company pursuant to Policy 2.4 of
the TSX Venture Exchange and completed its initial public offering on December
28, 2006. The interim financial statements of First Western and the related
Management's Discussion and Analysis are available on the SEDAR Website at
www.sedar.com.

First Western Financial Ventur (TSXV:FWF.P)
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