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 May 10, 2010 to shareholders on record as of April 30, 2010.

Since inception Class A shareholders have received a total of $5.30 per share and Preferred shareholders have received a total of $2.64 per share inclusive of this distribution, for a combined total of $7.94.

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:                   April 28, 2010
Record Date:                        April 30, 2010
Payable Date:                       May 10, 2010

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