TORONTO, ONTARIO--(Marketwire - March 22, 2013) - Canadian Life Companies Split Corp. ("the Company") today announced it has filed an amended annual information form, to correct a typographical error in the number of days' prior notice that must be provided by holders of Class A Shares in connection with any exercise of a monthly or the annual retraction right attached to such shares. The Class A Share requirement applicable is 20 business days' notice prior to the retraction date. This is consistent with the requirement applicable to the 2012 Preferred Shares and with the notice period used since inception of the Company.

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.

Contact Information:

Canadian Life Companies Split Corp.
Investor Relations
416-304-4443 or Toll Free: 1-877-4-Quadra (1-877-478-2372)