Canadian Life Companies Split Corp. ("CLC Split") declares its regular monthly
distribution of $0.04375 for each Preferred share ($0.525 annually).
Distributions are payable May 8, 2009 to shareholders on record as of April 30,
2009. There will not be a distribution paid to the Class A shares for April 30,
2009 as per the Prospectus which states no regular monthly dividends or other
distributions will be paid on the Class A shares in any month as long as the net
asset value per unit is equal to or less than $15.00. The net asset value as of
April 15, 2009 was $13.74.


Since inception Class A shareholders have received a total of $4.30 per share
and Preferred shareholders have received a total of $2.12 per share inclusive of
this distribution, for a combined total of $6.42.


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: 

Preferred Share (LFE.PR.A)                 $0.04375 

Ex-Dividend Date:                          April 28, 2009 

Record Date:                               April 30, 2009 

Payable Date:                              May 8, 2009

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