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 July 10, 2009 to shareholders on record as of June 30, 2009.

Since inception Class A shareholders have received a total of $4.40 per share and Preferred shareholders have received a total of $2.21 per share inclusive of this distribution, for a combined total of $6.61.

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)                     $0.10000

 Preferred Share (LFE.PR.A)              $0.04375

 Ex-Dividend Date:                       June 26, 2009

 Record Date:                            June 30, 2009

 Payable Date:                           July 10, 2009

Contacts: Canadian Life Companies Split Corp. Investor Relations 416-304-4443 or Toll Free: 1-877-4-Quadra (1-877-478-2372) www.lifesplit.com

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