Western Pacific Trust Company: Private Placement Closed

WESTERN PACIFIC TRUST COMPANY (TSX VENTURE:WP) ("WP") announces that the 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 closed on July 29, 2008.


Of the eight placees, five were, or became, Insiders of the Company, subscribing
for a total 10,350,000 shares. The remaining three non-Insider placees
subscribed for a further 1,000,000 shares in the aggregate.


The Shares are subject to a hold period of four months, and may not be traded
before November 30, 2008.


This Private Placement increases the total issued shares of the Company from
8,798,558 to 20,148,558.


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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