Canadian Life Companies Split Corp.: Regular Monthly Dividend Declaration for Class A and Preferred Share

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 November 10, 2009 to shareholders on record as of October 30, 2009.

Since inception Class A shareholders have received a total of $4.80 per share and Preferred shareholders have received a total of $2.38 per share inclusive of this distribution, for a combined total of $7.18.

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:
 Class A Share (LFE)                               $0.10000
 Preferred Share (LFE.PR.A)                        $0.04375
 Ex-Dividend Date:                                 October 28, 2009
 Record Date:                                      October 30, 2009
 Payable Date:                                     November 10, 2009

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

SOURCE: Canadian Life Companies Split Corp.

http://www.lifesplit.com

Related terms: canada, dividend, industrial, life insurance