Canadian Life Companies Split Corp. Declares Preferred Share Dividend

Canadian Life Companies Split Corp (the "Company") declares its monthly
distribution of $0.05208 for each Preferred share ($0.625 annually).
Distributions are payable January 10, 2014 to shareholders on record as of
December 31, 2013. There will not be a distribution paid to the Class A shares
for December 31, 2013 as per the Prospectus which states no monthly dividends or
other distributions will be paid on the Class A shares in any month as long as
the net asset value per unit is equal to or less than $15.00.


Since inception Class A shareholders have received a total of $5.75 per share
and Preferred shareholders have received a total of $4.72 per share inclusive of
this distribution, for a combined total of $10.47.


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:                             
Preferred Share (LFE.PR.B)                $0.05208
Ex-Dividend Date:                December 27, 2013
Record Date:                     December 31, 2013
Payable Date:                     January 10, 2014



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