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Westwood Trust Welcomes Douglas Gilbert To Its Wealth Management Team

Westwood Trust, a subsidiary of Westwood Holdings Group, Inc. (NYSE: WHG), is pleased to announce the addition of Douglas Gilbert, LUTCF, CWS ® as Associate Vice President on its private wealth management team. Gilbert has over 10 years of experience serving wealthy families, foundations and endowments through delivery of investment management and wealth advisory services. Prior to joining Westwood Trust, he served as Private Client Associate Advisor for First National Bank/Wealth Advisors in Omaha, Nebraska. Gilbert will be based in Westwood Trust’s Omaha office.

“Doug is a well respected professional and we are very pleased to have him join Westwood Trust,” said Art Burtscher, Senior Vice President of Westwood. “His prior experience providing high net worth advisory services will be helpful as we continue our mission of providing exceptional service to our existing clients as well as continuing to grow our private wealth management and trust business.”

About Westwood

Westwood Holdings Group, Inc. manages investment assets and provides services for its clients through two subsidiaries, Westwood Management Corp. and Westwood Trust. Westwood acquired McCarthy Group Advisors, LLC of Omaha in November 2010. Westwood Management Corp. is a registered investment advisor and provides investment advisory services to corporate pension funds, public retirement plans, endowments, foundations, the Westwood Funds, other mutual funds and clients of Westwood Trust. Westwood Trust provides trust services and participation in common trust funds that it sponsors to institutions and high net worth individuals. Westwood Holdings Group, Inc. trades on the New York Stock Exchange under the symbol “WHG.”

For more information, please visit Westwood’s website at www.westwoodgroup.com.

For more information on the Westwood Funds, please visit the Funds’ website at www.westwoodfunds.com.

(WHG-G)

Copyright Business Wire 2010

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