ComWest Enterprise Declares Increased Quarterly Dividend

ComWest Enterprise Corp. (TSX VENTURE:CWP)(TSX VENTURE:CWP.A) (the "Company") is
pleased to announce that the board of directors of the Company has declared a
cash dividend of $0.05 per share, payable to shareholders of record on March 7,
2013. The dividend will be paid on or about March 14, 2013. Both holders of
Class A Restricted Equity Shares and Class B Common Shares will be entitled to
the dividend. All dividends declared by the Company are designated as eligible
dividends.


As the Company has now repaid the initial borrowings for the acquisition of a
90% limited partnership interest in Peerless Garments LP ("Peerless"), the
directors have authorized this increase in the quarterly dividend from $0.02 to
$0.05 per share. The Company currently has $1 million in term loans outstanding,
the funds from which were used to acquire real estate related to the Peerless
manufacturing facility. It is expected that this loan will be retired over the
ensuing fiscal year. 


ON BEHALF OF THE BOARD 

Douglas F. Good, President 

FOR FURTHER INFORMATION PLEASE CONTACT: 
ComWest Enterprise Corp.
Douglas F. Good
Investor Relations Contact
778 370 1725
[e-mail]