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 June 10, 2010
to shareholders on record as of May 31, 2010.


Since inception Class A shareholders have received a total of $5.40 per share
and Preferred shareholders have received a total of $2.69 per share inclusive of
this distribution, for a combined total of $8.09.


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:                                    May 27, 2010           
Record Date:                                         May 31, 2010           
Payable Date:                                        June 10, 2010

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