Western Pacific Trust Company Announces Private Placement of Units

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 23, 2012) - Western Pacific Trust Company (TSX VENTURE:WP) -

NOT FOR DISSEMINATION IN THE UNITED STATES OR OVER THE UNITED STATES NEWSWIRE SERVICES.

Western Pacific Trust Company (the "Company" or "Western Pacific") announces a private placement (the "Offering") of up to 2,750,000 Units of the Company (each, a "Unit") at a price of $0.10 per Unit for gross proceeds of up to $275,000. Each Unit is comprised of one common share (each, a "Share") in the capital of Western Pacific and one non transferable common share purchase warrant (each, a "Warrant"). Each Warrant shall entitle the holder thereof to acquire one Share (each, a "Warrant Share") at a price of $0.15 per Warrant Share until 5:00 p.m. (Vancouver time) on the date of expiration of the Warrant, which is twelve (12) months following the Closing Date.

The Closing is subject to the placement of Units equivalent to a minimum aggregate amount of $200,000, or such other amount as may be determined by the Company in its sole discretion.

The Company intends to use the proceeds of the Offering to fund for general working capital purposes, and acceleration of its business and marketing plans.

All of the securities to be issued by the Company in connection with this Offering will be subject to a hold period, which will expire four months and a day after the Closing Date.

The Closing of the Offering is subject to approval from the TSX Venture Exchange.

This news release is not an offer of Shares for sale in the Unites States. The Shares have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sole in the United States absent registration or an applicable exemption from registration. This press release shall not constitute an offer to sell or solicitation of an offer to buy nor shall there by any sale of the above described securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

About Western Pacific Trust Company

Western Pacific Trust Company is a non-deposit taking Trust Company. Western Pacific is licensed to do trust business under the Financial Institutions Act in British Columbia, and is also registered extra-provincially in Alberta, as a non-deposit taking Trust Company.

On Behalf of the Board,

WESTERN PACIFIC TRUST COMPANY

John de Wit, President and CEO

This news release contains forward-looking statements and forward-looking information, which are based on information currently available to the Company, and the Company provides no assurance that actual results will meet management's expectations. Forward-looking information includes estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur.