W Holding Company, Inc. (the “Company”) (NYSE : "WHI") is a bank holding company offering a full range of financial services. The business of the Company is conducted through its wholly-owned commercial bank subsidiary, Westernbank Puerto Rico (“Westernbank” or the “Bank”). The Company was organized under the laws of the Commonwealth of Puerto Rico in February 1999 to become the bank holding company of Westernbank. Westernbank was founded as a savings institution in 1958 operating in the western and southwestern regions of Puerto Rico, focusing on retail banking and emphasizing long-term fixed-rate residential mortgage loans on one-to-four family residential properties.

Puerto Rico (also referred to as the “Island” or the “Commonwealth”), a Commonwealth of the United States of America, is the easternmost of the Greater Antilles and the fourth largest island of the Caribbean. The Island is located at the crossroads between North and South America, at just 3.5 hours airtime from New York and 60 minutes from Venezuela and has a population of approximately four million people. As in the rest of the United States, the Island has a local judicial system. The Island constitutes a district in the federal judiciary and has its own U.S. district court.

The following information includes historical data pertaining to stock splits and dividends.

12/21/2009 - MAYAGUEZ, Puerto Rico, December 21, 2009 — W Holding Company, Inc., the Bank Holding Company of Westernbank Puerto Rico, Completes and Files Form 10-Q Filings for the First Three Quarters of 2009 — W Holding Company, Inc. (NYSE: "WHI"), (the “Company” or “W Holding”), the bank holding company of Westernbank Puerto Rico (the "Bank"), today announced that it has completed and filed with the Securities and Exchange Commission (the “SEC”) the quarterly reports on Form 10-Q for the fiscal quarters ended March 31, June 30, and September 30, 2009.  With these filings the Company becomes current and in full compliance with its SEC and New York Stock Exchange (“NYSE”) financial reporting requirements.

11/14/2008 - MAYAGUEZ, Puerto Rico, November 14, 2008 — W Holding Company, Inc. (NYSE: "WHI") (the “Company”), the bank holding company for Westernbank Puerto Rico, today announced that the Company’s Board of Directors (the “Board”) has established a ratio of one share-for-every fifty shares of the outstanding common stock for the Company’s proposed reverse stock split of all outstanding shares of the Company’s common stock.

12/04/07 - MAYAGUEZ, Puerto Rico, December 4, 2007 — W Holding Company, Inc. (NYSE: WHI), the financial holding company for Westernbank Puerto Rico, confirmed today that the Company’s common stock has not been delisted from the New York Stock Exchange.  While trading on the NYSE has been halted, the Company’s common stock continues to be actively traded on other markets, including the NYSE Arca.