TORONTO, ONTARIO--(MARKET WIRE)--Jul 18, 2008 -- 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 August 8, 2008 to shareholders on record as of July 31, 2008.

Since inception Class A shareholders have received a total of $3.90 per share and Preferred shareholders have received a total of $1.73 per share inclusive of this distribution, for a combined total of $5.63.

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):               $0.10

 Preferred Share (LFE.PR.A)         $0.04375

 Ex-Dividend Date:                  July 29, 2008

 Record Date:                       July 31, 2008

 Payable Date:                      August 8, 2008

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