ELF E L Financial Corporation Limited

The Board of Directors of E-L Financial Corporation Limited
(TSX:ELF)(TSX:ELF.PR.F)(TSX:ELF.PR.G) today declared the following cash
dividends:




Class                      Record Date      Payable Date  Amount of Dividend
                                                                            
First Preference                                                            
 Shares, Series 1      October 1, 2010  October 15, 2010            $0.33125
                                                                            
First Preference                                                            
 Shares, Series 2      October 1, 2010  October 15, 2010           $0.296875
                                                                            
Series A Preference                                                         
 Shares                October 1, 2010  October 15, 2010              $0.125
                                                                            
Common Shares          October 1, 2010  October 15, 2010              $0.125



E-L Financial Corporation Limited advises that the above referenced dividends
are eligible dividends for the purposes of the Income Tax Act, Canada and any
similar provincial tax legislation.

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