LFE Canadian Life Companies Split Corp

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 August 10,
2009 to shareholders on record as of July 31, 2009.


Since inception Class A shareholders have received a total of $4.50 per share
and Preferred shareholders have received a total of $2.25 per share inclusive of
this distribution, for a combined total of $6.75.


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:                    July 29, 2009

Record Date:                         July 31, 2009

Payable Date:                        August 10, 2009

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