Canadian Life Companies Split Corp. Declares Preferred Share Dividend

TORONTO, ONTARIO--(Marketwired - Dec 18, 2013) - Canadian Life Companies Split Corp (the "Company") declares its monthly distribution of $0.05208 for each Preferred share ($0.625 annually). Distributions are payable January 10, 2014 to shareholders on record as of December 31, 2013. There will not be a distribution paid to the Class A shares for December 31, 2013 as per the Prospectus which states no monthly dividends or other distributions will be paid on the Class A shares in any month as long as the net asset value per unit is equal to or less than $15.00.

Since inception Class A shareholders have received a total of $5.75 per share and Preferred shareholders have received a total of $4.72 per share inclusive of this distribution, for a combined total of $10.47.

The Company invests in a portfolio of four publicly traded Canadian life insurance companies as follows: Great-West Life, Industrial Alliance, Manulife Financial and Sun Life Financial. Shares held within the portfolio are expected to range between 10-30% in weight but may vary at any time.

Distribution Details:
Preferred Share (LFE.PR.B) $0.05208
Ex-Dividend Date: December 27, 2013
Record Date: December 31, 2013
Payable Date: January 10, 2014

Canadian Life Companies Split Corp.Investor Relations416-304-4443 or Toll Free: 1-877-4-Quadra (1-877-478-2372)www.lifesplit.com

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