Canadian Life Companies Split Corp.: Monthly Dividend Declaration for Preferred Shares

Canadian Life Companies Split Corp. ("CLC Split") declares its monthly distribution of $0.05208 for each Preferred share ($0.625 annually). Distributions are payable April 10, 2013 to shareholders on record as of March 28, 2013. There will not be a distribution paid to the Class A shares for March 28, 2013 as per the Prospectus which states no 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.

Since inception Class A shareholders have received a total of $5.70 per share and Preferred shareholders have received a total of $4.25 per share inclusive of this distribution, for a combined total of $9.95.

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.B)              $0.05208                            
Ex-Dividend Date:                       March 26, 2013                      
Record Date:                            March 28, 2013                      
Payable Date:                           April 10, 2013

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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