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Press release from Marketwire

E-L Financial Corporation Limited Announces Dividends

Thursday, May 10, 2012

E-L Financial Corporation Limited Announces Dividends11:53 EDT Thursday, May 10, 2012TORONTO, ONTARIO--(Marketwire - May 10, 2012) - The Board of Directors of E-L Financial Corporation Limited (TSX:ELF)(TSX:ELF.PR.F)(TSX:ELF.PR.G)(TSX:ELF.PR.H) today declared the following cash dividends:ClassRecord DatePayable DateAmount of DividendFirst Preference Shares, Series 1July 3, 2012July 17, 2012$0.33125First Preference Shares, Series 2July 3, 2012July 17, 2012$0.296875First Preference Shares, Series 3July 3, 2012July 17, 2012$0.3993Series A Preference SharesJuly 3, 2012July 17, 2012$0.125Common SharesJuly 3, 2012July 17, 2012$0.125E-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: Richard B. CartyE-L Financial Corporation LimitedVice-President, General Counsel and Corporate Secretary(416) 947-2578(416) 362-2592 (FAX)