Canadian Life Companies Split Corp.: Monthly Dividend Declaration for Preferred Shares

Canadian Life Companies Split Corp. ("CLC Split") declares its monthly
distribution of $0.05208 for each Preferred share ($0.625 annually).
Distributions are payable November 8, 2013 to shareholders on record as of
October 31, 2013. There will not be a distribution paid to the Class A shares
for October 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 $5.70 per share
and Preferred shareholders have received a total of $4.62 per share inclusive of
this distribution, for a combined total of $10.32.


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:                                                      
                                                                           
Preferred Share (LFE.PR.B)         $0.05208                                
Ex-Dividend Date:                  October 29, 2013                        
Record Date:                       October 31, 2013                        
Payable Date:                      November 8, 2013                        




FOR FURTHER INFORMATION PLEASE CONTACT: 
Investor Relations
416-304-4443, toll free at 1-877-4-Quadra (1-877-478-2372)
www.lifesplit.com