Mayagüez, Puerto Rico, January 25, 2007, W HOLDING COMPANY, INC. (NYSE: "WHI"), the financial holding company of Westernbank Puerto Rico, announced that it has scheduled its earnings release for January 30, 2007, after market closing, and that officers of the Company will review fourth quarter and year end results via teleconference on Wednesday, January 31, 2007, at 11:30 AM Puerto Rico time. (USA times: 10:30 AM Eastern, 9:30 AM Central, 8:30 AM Mountain, or 7:30 AM Pacific time).

Please register at https://ww4.premconf.com/PremCallAudRSVP?PPass=205340. You will be assigned a Personal Identification Number (PIN) that should be used in order to join the conference. Conference dial-in numbers: Toll Free: 1-800-442-5794 or 1-719-785-9345, if you can't dial in with the toll-free number. Conference passcode: 205340. In case of difficulties assessing the conference call, please contact Mrs. Aileen Rodríguez, Investment Department, at (787) 834-8000, ext. 2300, or aileen.rodríguez@wbpr.com.

Westernbank Puerto Rico, a wholly owned subsidiary of W Holding Company, Inc., is the second-largest commercial bank in Puerto Rico, based on total assets, operating throughout 56 full-fledged branches, including 33 in the southwestern region of Puerto Rico, 7 in the northeastern region, 14 in the San Juan Metropolitan area of Puerto Rico and 2 in the eastern region of Puerto Rico, and a fully-functional banking site on the Internet. W Holding Company, Inc. also owns Westernbank Insurance Corp., a general insurance agent placing property, casualty, life and disability insurance, whose results of operations and financial condition are reported on a consolidated basis.

You may contact officers of the Company at (787) 834-8000, or via email at Westernbank@wbpr.com or visit: http://www.wholding.com.