AMEX Suspends Trading in Western United Holding Company Preferred Stock

AMEX Suspends Trading in Western United Holding Company Preferred Stock 


SPOKANE, Wash., Dec. 19  /PRNewswire-FirstCall/ -- Western United Holding
Company  said today that it has been advised by the American Stock Exchange
(AMEX) that trading in the company's preferred stock has been suspended
indefinitely.

The company said that AMEX expressed concerns about the closure of Metropolitan
Investment Securities, Inc. (MIS) and about the concerns expressed by the
National Association of Securities Dealers (NASD) with respect to the sales
practices of MIS in the Acceptance, Waiver and Consent between the NASD and MIS.
 Additionally, AMEX expressed a desire to review the company's annual report on
Form 10-K which has not yet been filed.  The AMEX has not indicated when, or if,
trading would resume.

Western United Holding Company, incorporated in the State of Washington in 2002
and headquartered in Spokane, has assets in excess of $1.7 billion. Western
United is lead by C. Paul Sandifur, Jr. and John Van Engelen.

The forward-looking statements in this release concerning future events are
subject to certain risks and uncertainties that could cause actual results to
differ materially from expectations.  These and other risks are set forth in
Western United Holding Company's reports filed with the Securities and Exchange
Commission under the Securities Exchange Act of 1934, as amended. 

DATASOURCE: Western United Holding Company



CONTACT:  Mary Keller, Market Development & External Affairs,

[phone], or [phone]

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