Premier Christy Clark Launches $100 Million Britco Project

          Premier Christy Clark Launches $100 Million Britco Project

PR Newswire

VANCOUVER, Sept. 27, 2013

Contract to Provide Equivalent of 275 Full Time Jobs for a Year

VANCOUVER, Sept. 27,  2013 /PRNewswire/  - Premier  Christy Clark  will be  in 
Penticton today to launch an  approximately $100 million project for  BC-based 
Britco, one of  the largest modular  construction companies in  Canada, and  a 
division of  WesternOne  Inc.  ("WesternOne") (Toronto  Stock  Exchange:  WEQ, 
WEQ.DB, WEQ.DB.B and WEQ.DB.C).

The project involves Britco designing and building accommodations for a  large 
workforce housing project in Northern Alberta for Devon Energy Corporation,  a 
major oil and natural gas  exploration and production company. The  workforce 
accommodations will be  comprised of over  1,500 rooms that  will be built  in 
Britco's modular  construction facilities  in Agassiz  and Penticton,  British 
Columbia.

Premier Clark  will be  meeting  about 250  Britco employees,  suppliers,  and 
sub-contractors at Britco's Penticton  facility, "Britco's success shows  that 
our plan to attract investment in  B.C.'s energy and resource sector will  pay 
off in jobs and opportunities for citizens across the province."

Premier Clark's focus  on job creation  is also based  on diversifying the  BC 
economy and attracting  new investment, "As  we reach out  to new markets  and 
customers in Asia, we are providing opportunities for companies right here  in 
British Columbia like Britco  to invest in their  businesses, to expand  their 
operations and to create new jobs."

This will be the second project undertaken by Britco for Devon. Earlier  this 
year, Britco completed work on an 880 room workforce accommodation facility in
the same region. Work on  the new project will start  in October of this  year 
and the  project  is scheduled  to  be  completed and  fully  commissioned  in 
December of 2015.

"These types of  housing projects  are an  important element  in our  business 
success", stated  Chris Seasons,  President,  Devon Canada  Corporation.  "In 
order to draw  the best  and brightest  to work  on our  successful oil  sands 
projects, we need superior accommodations. Britco delivered a quality  product 
safely and  on time.  They are  an  excellent example  of oil  sands  benefits 
flowing directly to the people and province of British Columbia."

Large projects such  as those for  Devon have  not only driven  job growth  at 
Britco across British  Columbia but  also have  helped establish  Britco as  a 
leading provider of workforce accommodations in Canada. Britco's workforce in
BC has more  than doubled in  recent years and  the company now  has over  500 
employees in Western Canada.

"We are proud  to be working  with Devon  on this important  project and  look 
forward  to  designing  and  building  one  of  the  most  advanced  workforce 
accommodation complexes anywhere in Canada," said Rob King, CEO of WesternOne.

The primary driver for Britco's growth in recent years has been the demand for
workforce housing in the energy, mining and infrastructure sectors in  Western 
Canada and the United States.

Last year, Britco signed a contract to design and build a 2,000 room workforce
accommodation complex  for  Manitoba  Hydro. The  project  involves  providing 
workforce  accommodations  required  for  the  construction  of  the   Keeyask 
Generating Station Project in Northern Manitoba.

Stated King, "Work on projects in the resource and energy sector in BC's north
and in Alberta has allowed us to not only create jobs here in BC but also  has 
provided us with the opportunity to expand internationally to Australia and to
the United States."

Combined, Britco has approximately 1,000  employees working at its  operations 
in Canada, Australia and the United States.

Forward-looking Information

Certain statements  in this  press  release may  constitute  "forward-looking" 
information that involves  known and  unknown risks,  uncertainties and  other 
factors, and  it may  cause  actual results,  performance or  achievements  or 
industry  results,  to  be  materially  different  from  any  future  results, 
performance or achievements or industry  results expressed or implied by  such 
forward-looking information. Forward-looking information is identified by  the 
use of terms and phrases such as "anticipate", "believe", "could", "estimate",
"expect", "intend", "may", "plan", "predict", "project", "will", "would",  and 
similar  terms  and  phrases,   including  references  to  assumptions.   Such 
information includes,  without limitation,  statements  with respect  to:  the 
design and build of a large workforce housing project in Northern Alberta, the
particular facilities to be used by Britco to manufacture the required modular
buildings, and the start and completion dates of the project. Actual events or
results may differ materially.

Forward-looking information  contained  in  this press  release  is  based  on 
certain key  expectations  and  assumptions  made  by  WesternOne,  including, 
without limitation, expectations  and assumptions respecting:  the outlook  of 
WesternOne's business and the economy in Western Canada, the supply and demand
for WesternOne's products and services  and management's assessment of  future 
plans and operations.  Although the forward-looking  information contained  in 
this press release is based upon what the WesternOne's management believes  to 
be reasonable  assumptions, WesternOne  cannot  assure investors  that  actual 
results will be consistent with such information. Forward-looking  information 
reflects current  expectations  of  management  regarding  future  events  and 
operating performance as of the date  of this press release. Such  information 
involves significant risks and uncertainties, should not be read as guarantees
of future  performance  or  results,  and will  not  necessarily  be  accurate 
indications of  whether or  not such  results will  be achieved.  A number  of 
factors could  cause actual  results  to differ  materially from  the  results 
discussed in  the  forward-looking information,  and  a description  of  these 
factors can be found under  "Risk Factors" in WesternOne's Annual  Information 
Form dated  March 28,  2013  and Management's  Discussion and  Analysis  dated 
August 14, 2013, which are available on SEDAR (www.sedar.com).

The forward-looking information contained herein is expressly qualified in its
entirety by this  cautionary statement.  Forward-looking information  reflects 
management's current beliefs and is  based on information currently  available 
to WesternOne. The forward-looking information is made as of the date of  this 
press release and WesternOne  assumes no obligation to  update or revise  such 
information to reflect new events or circumstances, except as may be  required 
by applicable law.

About WesternOne

WesternOne seeks  to  acquire and  grow  businesses in  the  construction  and 
infrastructure services  sectors  in  order to  generate  stable  and  growing 
dividends to its shareholders and  to achieve capital. Additional  information 
relating to  WesternOne and  other public  filings is  available on  SEDAR  at 
www.sedar.com or on WesternOne's website at www.weq.ca.

About Britco

With over 1,000 employees in Australia, Canada, and the United States,  Britco 
is one of the largest modular construction companies in the industry.

Britco provides  temporary and  permanent residential  and commercial  modular 
buildings and offers  leading design-build  capabilities as  well as  turn-key 
construction project management services for a wide range of customers in  the 
infrastructure, construction, energy and resource sectors.

Britco is headquartered in  Langley, British Columbia. Additional  information 
about Britco is available at www.britco.com or www.weq.ca.

Trading Symbols

Toronto Stock Exchange: WEQ, WEQ.DB, WEQ.DB.B and WEQ.DB.C

THE TORONTO STOCK EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY
FOR THE ADEQUACY OR THE ACCURACY OF THIS RELEASE.

SOURCE WesternOne Inc.

Contact:

For investor relations information, please contact:

Andrew Greig, Manager of Investor Relations
WesternOne Inc.
Suite 910, 925 West Georgia Street
Vancouver, BC V6C 3L2
Phone: (604) 678-4042
E-mail:agreig@weq.ca
 
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