Pacific & Western Declares Annual Dividend On Class "A" Preferred Shares

LONDON, ON, Dec. 6, 2012 /CNW/ - Pacific & Western Credit Corp. (TSX:PWC) will pay an annual dividend on its outstanding Class "A" Preferred Shares on December 31, 2012 at the rate of $0.21 per share, unchanged from last year.

The Class "A" Preferred Share provisions provide that the dividends accrue from the date of issue and are payable on December 31 ^st each year at the annual rate of 7% of the issue price.

The dividend to which this notice relates is payable on December 31, 2012 to shareholders of record at the close of business on December 17, 2012.

Pacific & Western Credit Corp.'s Class "A" Preferred Shares trade on the TSX under the symbol PWC.PR.A.

On behalf of the Board of Directors:  David R. Taylor, President & C.E.O.

Investor Relations: Wade MacBain, Director [phone], [e-mail]; Public Relations & Media: Tel Matrundola, Vice-President, [phone], [e-mail]

To receive company news releases, please contact: Wade MacBain at [e-mail], [phone]



SOURCE Pacific & Western Credit Corp.

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