HARVARD WESTERN VENTURES INC. ANNOUNCE ACQUISITION OF SHENHER INSURANCE AND FINANCIAL SERVICES

Harvard Western Ventures announced today the acquisition of Shenher Insurance and Financial Services, effective November 1, 2008.

“We are pleased to join the Harvard Western Ventures family of companies”, said Con Shenher, President and CEO of Shenher Insurance.  “We believe our clients will be best served in the future through the high service levels and broad number of insurance companies offered by Harvard Western Ventures”, he said.  Con Shenher and his team will remain with the agency and Barb Gottselig will take over as Branch Manager.

The acquisition of Shenher Insurance expands Harvard Western Ventures’ insurance offices to four offices in Regina and one office in Kronau, SK. The Shenher and Cooks ISI offices will continue to provide personal, farm and business insurance.

Harvard Western Ventures Inc., is jointly owned by the Hill Companies’ Harvard Developments Inc., a 100 year old family company headquartered in Regina, SK, and publicly traded Western Financial Group of High River, AB (TSX: WES) – the largest insurance broker in Western Canada and the parent company of Bank West and Western Life Assurance.