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Press release from Marketwire

E-L Financial Corporation Limited Announces Dividends

Wednesday, May 05, 2010

E-L Financial Corporation Limited Announces Dividends11:19 EDT Wednesday, May 05, 2010 TORONTO, ONTARIO--(Marketwire - May 5, 2010) - The Board of Directors of E-L Financial Corporation Limited (TSX:ELF) (TSX:ELF.PR.F) (TSX:ELF.PR.G) today declared the following cash dividends: Amount of Class Record Date Payable Date Dividend First Preference Shares, Series 1 July 2, 2010 July 16, 2010 $0.33125 First Preference Shares, Series 2 July 2, 2010 July 16, 2010 $0.296875 Series A Preference Shares July 2, 2010 July 16, 2010 $0.125 Common Shares July 2, 2010 July 16, 2010 $0.125 E-L Financial Corporation Limited advises that the above referenced dividends are eligible dividends for the purposes of the Income Tax Act, Canada and any similar provincial tax legislation. FOR FURTHER INFORMATION PLEASE CONTACT: E-L Financial Corporation Limited Richard B. Carty Vice-President, General Counsel and Corporate Secretary (416) 947-2578 (416) 362-2592 (FAX)