FWF.P First Western Financial Ventur

NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA

First Western Financial Ventures Inc. ("First Western") (TSX VENTURE:FWF.P)
today released its financial statements for the year end December 31, 2007.
First Western is a Capital Pool Company pursuant to Policy 2.4 of the TSX
Venture Exchange and completed its initial public offering on December 28, 2006.
The year end financial statements of First Western and the related Management's
Discussion and Analysis are available on the SEDAR Website at www.sedar.com.

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