Canadian Life Companies Split Corp. ("CLC Split") declares its regular monthly
distribution of $0.10 for each Class A share ($1.20 annually) and $0.04375 for
each Preferred share ($0.525 annually). Distributions are payable May 9, 2008 to
shareholders on record as of April 30, 2008.


Since inception Class A shareholders have received a total of $3.60 per share
and Preferred shareholders have received a total of $1.59 per share inclusive of
this distribution, for a combined total of $5.19. 


CLC Split 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:

Class A Share (LFE):          $0.10

Preferred Share (LFE.PR.A)    $0.04375

Ex-Dividend Date:             April 28, 2008

Record Date:                  April 30, 2008

Payable Date:                 May 9, 2008
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