Canadian Life Companies Split Corp.
TSX : LFE
TSX : LFE.PR.A

Canadian Life Companies Split Corp.

August 18, 2006 09:00 ET

Canadian Life Companies Split Corp. Regular Monthly Dividend Declaration

TORONTO, ONTARIO--(CCNMatthews - Aug. 18, 2006) - 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 September 8, 2006 to shareholders on record as of August 31, 2006.

Since inception Class A shareholders have received a total of $1.60 per share and Preferred shareholders have received a total of $0.72 per share inclusive of this distribution, for a combined total of $2.32.

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: August 29, 2006
Record Date: August 31, 2006
Payable Date: September 8, 2006



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