SL Split Corp. Announces Unit Value Correction

TORONTO, July 17, 2012 /CNW/ - In our July 5, 2012 press release announcing SL Split Corp's (the "Company") quarterly dividend, the Company made reference to an incorrect Unit Value as at July 4. The Company's Unit Value as at July 4, 2012 was in fact $22.45. Correct information appears on the Company's website and the Company's current Unit Value as of July 16, 2012 is $21.60.

SL Split Corp. is a mutual fund corporation created to hold a portfolio of common shares of Sun Life Financial Inc. The Company will generate a fixed quarterly dividend for the Preferred shareholders and provide the Capital shareholders with a leveraged investment, the value of which is linked to changes in the market price of the Sun Life shares.  Capital Shares and Preferred Shares of SL Split Corp. are listed for trading on The Toronto Stock Exchange under the symbols SLS and SLS.PR.A respectively.

SOURCE SL Split Corp.

For further information:

Investor Relations
SL Split Corp.
(416) 945-4514
E-mail: mc_slsplit@scotiabank.com
Web site: www.scotiamanagedcompanies.com

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SL Split Corp.

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