Western Pacific Trust Company: Private Placement

WESTERN PACIFIC TRUST COMPANY (TSX VENTURE:WP) announces that the documentation
for its non-brokered private placement of $1,135,000 through the sale of
11,350,000 Common shares in the capital of the Company at a price of $0.10 per
share was accepted for filing by the TSX Venture Exchange on July 11, 2008.


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.

Western Pacific (TSXV:WP)
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