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  April 2, 2012   April 17, 2012   $0.33125
                                                                            
First Preference Shares, Series 2  April 2, 2012   April 17, 2012  $0.296875
                                                                            
Series A Preference Shares         April 2, 2012   April 17, 2012     $0.125
                                                                            
Common Shares                      April 2, 2012   April 17, 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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