CORRECTION FROM SOURCE/Canadian Life Companies Split Corp.: Declares Class A and Preferred Share Dividend

The following corrects and replaces the release sent on January 20, 2014 at 9:00
am ET. The amount declared for each LFE.PR.B share in the first paragraph was
incorrect and should have been "$0.05208 for each Preferred share ($0.625
annually)" rather than "$0.04375 for each Preferred share ($0.525 annually)".


Canadian Life Companies Split Corp. (the "Company") declares its monthly
distribution of $0.05 for each Class A share ($0.60 annually) and $0.05208 for
each Preferred share ($0.625 annually). Distributions are payable February 10,
2014 to shareholders on record as of January 31, 2014.


Since inception Class A shareholders have received a total of $5.80 per share
and Preferred shareholders have received a total of $4.77 per share inclusive of
this distribution, for a combined total of $10.57.


The Company 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)                                                    $0.05
Preferred Share (LFE.PR.B)                                          $0.05208
Ex-Dividend Date:                                           January 29, 2014
Record Date:                                                January 31, 2014
Payable Date:                                              February 10, 2014



FOR FURTHER INFORMATION PLEASE CONTACT: 
Canadian Life Companies Split Corp
Investor Relations
416-304-4443
Toll Free: 1-877-4-Quadra (1-877-478-2372)
www.lifesplit.com

Canadian Life Companies ... (TSX:LFE)
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