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Subject: v

Canadian Life Companies Split Corp.: Preferred Dividend Declared

TORONTO, May 18, 2018 (GLOBE NEWSWIRE) -- Canadian Life Companies Split Corp. (The "Company") declares its monthly distribution of $0.05208 for each Preferred share ($0.625 annually). Distributions are payable June 8, 2018 to shareholders on record as at May 31, 2018.

Since inception Class A shareholders have received a total of $7.15 per share and Preferred shareholders have received a total of $7.48 per share inclusive of this distribution, for a combined total of $14.63 per unit.

The Company invests in a portfolio of four publicly traded Canadian life insurance companies as follows: Great?West Lifeco Inc., Industrial Alliance Insurance & Financial Services Inc., Manulife Financial Corporation and Sun Life Financial Inc.

Distribution Details 
Preferred Share (LFE.PR.B)$0.05208
Ex-Dividend Date:May 30, 2018
Record Date:May 31, 2018
Payable Date:June 8, 2018

Investor Relations:
Local: 416?304?4443                     

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