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 August 10, 2010 to shareholders on record as of July
30, 2010. There will not be a distribution paid to the Class A shares for July
30, 2010 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 July 15, 2010 was $14.21.


Since inception Class A shareholders have received a total of $5.40 per share
and Preferred shareholders have received a total of $2.78 per share inclusive of
this distribution, for a combined total of $8.18.


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:                                  July 28, 2010            
Record Date:                                       July 30, 2010            
Payable Date:                                      August 10, 2010

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