NOTIFICATION OF THE REMOVAL FROM LISTING AND
REGISTRATION OF THE STATED SECURITIES
New York Stock Exchange LLC (the Exchange
or the NYSE) hereby notifies the SEC of its
intention to remove the entire class of Common
Stock (the Common Stock) of W Holding Company,
Inc. (the Company) from listing and
registration on the Exchange at the opening of
business on June 1, 2010, pursuant to the
provisions of Rule 12d2-2(b), because, in the
opinion of the Exchange, the Common Stock is
no longer suitable for continued listing and
trading on the Exchange. The Exchange's action
is being taken in view of the fact that on
April 30, 2010, Westernbank Puerto Rico, the
Company?s wholly-owned commercial bank and
primary operating subsidiary, was closed by the
Office of the Commissioner of Financial
Institutions of the Commonwealth of Puerto Rico,
which appointed the Federal Deposit Insurance
Corporation (FDIC) as receiver. To protect the
depositors, the FDIC entered into a purchase and
assumption agreement with Banco Popular de
Puerto Rico, San Juan, Puerto Rico, to assume all
of the deposits of Westernbank Puerto Rico.

1. The Exchange's Listed Company Manual, Section
802.01D states, in part, that the Exchange is not
limited by the criteria set forth in that section.
Rather, it may make an appraisal of, and determine
on an individual basis, the suitability for continued
listing of an issue in the light of all pertinent
facts whenever it deems such action appropriate, even
though a security meets or fails to meet any enumerated
criteria. Other factors which may lead to a company?s
delisting include: Reduction in Operating Assets and/or
Scope of Operations the operating assets have been or
are to be substantially reduced such as by sale, lease,
spin off, distribution, discontinuance, abandonment,
destruction, condemnation, seizure or expropriation,
or the company has ceased to be an operating company
or discontinued a substantial portion of its operations
or business for any reason whatsoever and whether or not
any of the foregoing results from action by the company,
related parties or persons unrelated to the company.

2. The Exchange, on May 3, 2010, determined that the
Common Stock of the Company should be suspended
immediately, and directed the preparation and filing with
the Commission of this application for the removal of
the Common Stock from listing and registration on the
Exchange. The Company was notified by letter on
May 3, 2010.

3. Pursuant to the above authorization, a press release
was immediately issued and an announcement was made on
the 'ticker' of the Exchange at the open and at the
close of the trading session on May 3, 2010 of the
suspension of trading in the Common Stock. Similar
information was included on the Exchange's website.

4. The Company had a right to appeal to the Committee
for Review of the Board of Directors of NYSE Regulation
the determination to delist the Common Stock, provided
that it filed a written request for such a review with
the Secretary of the Exchange within ten business days
of receiving notice of delisting determination.

On May 4, 2010, the Company stated in its Form 8-K that
it does not intend to contest the suspension or delisting.