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Press release from CNW Group

Announcements by Great-West Lifeco Inc. and Power Financial Corporation

Tuesday, February 19, 2013

Announcements by Great-West Lifeco Inc. and Power Financial Corporation08:32 EST Tuesday, February 19, 2013MONTREAL, Feb. 19, 2013 /CNW Telbec/ - Great-West Lifeco Inc., a subsidiary of Power Corporation of Canada, issued a news release today entitled "Great-West Lifeco announces acquisition of Irish Life Group for $1.75 billion (€1.3 billion) and $1.25 billion subscription receipts offering for common stock", which is available on Lifeco's website at www.greatwestlifeco.com.Power Financial Corporation, a subsidiary of Power Corporation of Canada, also issued a news release today entitled "Power Financial Corporation - Investment in Great-West Lifeco", which is available on Power Financial's website at www.powerfinancial.com.Power Corporation of Canada (TSX: POW) is a diversified international management and holding company with interests in companies in the financial services, communications and other business sectors in North America, Europe and Asia.Not for distribution to U.S. news wire services or dissemination in the United States. SOURCE: Power Corporation of CanadaFor further information: Mr. Stéphane Lemay Vice-President, General Counsel and Secretary 514-286-7400