Western Liberty Bancorp Announces Share Repurchase Authority Up to 7% of Outstanding Shares

Western Liberty Bancorp, Inc.

, today announced that the Board of Directors approved additional repurchase authority. Management is authorized to repurchase up to 7% of the approximately 14.3 million outstanding shares. On November 3, 2011, the Company had announced completion of its prior repurchase program of 5% its outstanding shares.