Lifeco Split Corporation Inc. Announces Redemption Prices and De-listing for Capital Shares and Preferred Shares

TORONTO, July 30, 2012 /CNW/ - The Board of Directors of Lifeco Split Corporation Inc. ("Lifeco") has announced today that the redemption prices for all outstanding Capital Shares and Preferred Shares to be paid on July 31, 2012 are as follows:

Redemption Price per Preferred Share:  $36.84

Redemption Price per Capital Share:  $4.4466

Holders of 27,010 Capital Shares requested delivery of and will receive their pro rata share of portfolio shares in payment for their Capital Shares.

Capital Shares and Preferred Shares of Lifeco are listed for trading on The Toronto Stock Exchange under the symbols LSC and LSC.PR.C respectively. The Capital Shares and Preferred Shares will be de-listed from The Toronto Stock Exchange as at the close of trading on July 31, 2012.

SOURCE: Lifeco Split Corporation Inc.

For further information:

Investor Relations
Lifeco Split Corporation Inc.
(416) 945-4166
E-mail: mc.lifeco@scotiabank.com
Website: www.scotiamanagedcompanies.com

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Lifeco Split Corporation Inc.

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