Westwood Announces Launch of Global Equity and Global Dividend Mutual Funds for Canadian Investors

  Westwood Announces Launch of Global Equity and Global Dividend Mutual Funds
  for Canadian Investors

Business Wire

DALLAS -- October 23, 2012

Westwood Holdings Group, Inc. (NYSE: WHG) today announced an expansion of its
relationship with National Bank Securities Inc., a wholly owned subsidiary of
National Bank of Canada, whereby Westwood International Advisors Inc. will
serve as portfolio manager to the Westwood Global Equity and Westwood Global
Dividend mutual funds. National Bank Securities appointed Westwood
International to serve as portfolio manager to the Westwood Emerging Markets
Fund in August 2012 and formally launched the two Global funds for Canadian
investors on October 18, 2012.

Brian Casey, Westwood’s President & CEO, commented, “The Global Equity and
Global Dividend funds will provide additional opportunities for Canadian
investors to access funds managed by Patricia Perez-Coutts, Thomas Pinto Basto
and the Westwood International team and to benefit from their expertise
managing global equity portfolios. We are also pleased to expand our
relationship with National Bank of Canada with the launch of the new funds.”

About Westwood

Westwood Holdings Group, Inc. provides investment management services to
institutional investors, private wealth clients and financial intermediaries.
Westwood manages a variety of investment strategies including U.S., Global and
Emerging Markets equities as well as income-oriented portfolios. Access to
these strategies is available through separate accounts, commingled funds and
mutual funds. Westwood has significant, broad-based employee ownership and
trades on the New York Stock Exchange under the symbol “WHG.” Based in Dallas,
Westwood also maintains offices in Omaha and Toronto.

For more information on Westwood, please visit www.westwoodgroup.com.

About National Bank of Canada

With $180 billion in assets as at July 31, 2012, National Bank of Canada
(www.nbc.ca), together with its subsidiaries, forms one of Canada’s leading
integrated financial groups, and was named among the five strongest banks in
the world by Bloomberg Markets. The Bank has more than 20,000 employees and is
widely recognized as a top employer. Its securities are listed on the Toronto
Stock Exchange (TSX: NA). Follow the Bank’s activities via social media and
learn more about its extensive community involvement at clearfacts.ca and

Note on Forward-looking Statements

Statements in this press release that are not purely historical facts
constitute forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the Securities Exchange
Act of 1934, as amended. Actual results and the timing of some events could
differ materially from those projected in or contemplated by the
forward-looking statements due to a number of factors, including, without
limitation: our ability to identify and successfully market services that
appeal to our customers; competition in the marketplace; and the other risks
detailed from time to time in Westwood's SEC filings, including but not
limited to, its annual report on Form 10-K for the year ended December 31,
2011 and its quarterly reports on Form 10-Q for the quarters ended March 31,
2012, June 30, 2012 and September 30, 2012. You are cautioned not to place
undue reliance on these forward-looking statements, which speak only as of the
date of this press release. Except as required by law, Westwood is not
obligated to publicly release any revisions to these forward-looking
statements to reflect events or circumstances after the date of this press
release or to reflect the occurrence of unanticipated events or otherwise.



Westwood Holdings Group, Inc.
Bill Hardcastle, 214-756-6900
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