Westcorp Presented at Bear Stearns Investor Conference

IRVINE, Calif.--May 17, 2005--Westcorp , the financial services holding company whose principal subsidiaries are WFS Financial Inc and Western Financial Bank, was a presenter at the Bear Stearns Global Credit Conference on May 1, 20057, 2005. Ernest Rady, CEO, and Keith Palmer, Treasurer, were the presenters. Their presentation can be accessed by visiting the company's web site, www.westcorpinc.com.

Westcorp is a financial services holding company whose principal subsidiaries are WFS Financial Inc and Western Financial Bank. For more information, visit www.westcorpinc.com.

Westcorp through its subsidiary, WFS Financial, is one of the nation's largest independent automobile finance companies. WFS Financial specializes in originating, securitizing and servicing new and pre-owned prime and non-prime automobile contracts through its nationwide relationships with automobile dealers. For more information, visit www.wfsfinancial.com.

Westcorp through its subsidiary, Western Financial Bank, operates 20 retail branches and provides commercial banking services in Southern California. For more information, visit www.wfb.com.