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,    January 3,    January 17,                     
Series 1                          2012           2012             $0.33125
First Preference Shares,    January 3,    January 17,                     
Series 2                          2012           2012            $0.296875
Series A Preference         January 3,    January 17,                     
Shares                            2012           2012               $0.125
                            January 3,    January 17,                     
Common Shares                     2012           2012               $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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