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E-L Financial Corporation Limited Announces Dividends

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                     October 3, 2011   October 17, 2011    $0.33125
First Preference Shares,                                                    
 Series 2                     October 3, 2011   October 17, 2011   $0.296875
Series A Preference Shares    October 3, 2011   October 17, 2011      $0.125
Common Shares                 October 3, 2011   October 17, 2011      $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.