AIC Limited

AIC Limited

March 27, 2009 16:01 ET

AIC Limited & Transamerica Life Canada Streamline Segregated Funds Line-Up

BURLINGTON, ONTARIO--(Marketwire - March 27, 2009) - AIC Limited and Transamerica Life Canada today announced plans to streamline product offerings by consolidating several segregated funds, and to rename one of the funds. The AIC segregated funds' contracts are issued by Transamerica Life Canada and are managed by AIC.

On June 19, 2009, AIC and Transamerica Life Canada will be discontinuing five AIC Segregated Funds (the "Terminating Funds") and reallocating their assets to three continuing AIC Segregated Funds (the "Continuing Funds").



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Terminating Fund(s) Continuing Fund
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AIC Advantage II Segregated Fund AIC Diversified Canada Segregated
Fund
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AIC American Advantage Segregated
Fund AIC American Focused Segregated
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AIC Value Segregated Fund
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AIC Global Advantage Segregated Fund AIC Global Diversified Segregated
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AIC World Equity Segregated Fund
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Following the changes, the AIC Global Diversified Segregated Fund will be renamed AIC Global Premium Dividend Income Segregated Fund. The fund is being renamed to reflect the name change that occurred in the underlying fund, which was renamed AIC Global Premium Dividend Income Fund on May 30, 2008.

Policyholders will be notified of these changes in early April 2009. The changes will also be reported to policyholders in the form of confirmations once the transactions have been completed, as well as on the semi-annual statements mailed to investors in July 2009.

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