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)(TSX:ELF.PR.H) today declared the following
cash dividends:




                                                                   Amount of
Class                           Record Date       Payable Date      Dividend
First Preference Shares,                                                    
 Series 1                   October 1, 2012   October 17, 2012      $0.33125
First Preference Shares,                                                    
 Series 2                   October 1, 2012   October 17, 2012     $0.296875
First Preference Shares,                                                    
 Series 3                   October 1, 2012   October 17, 2012      $0.34375
Series A Preference                                                         
 Shares                     October 1, 2012   October 17, 2012        $0.125
Common Shares               October 1, 2012   October 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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