E-L Financial Corporation Limited Announces Dividends

TORONTO, ONTARIO -- (Marketwired) -- 03/02/16 -- 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:

                                                                   Amount of
Class                                Record Date    Payable Date    Dividend
First Preference Shares, Series 1  April 1, 2016  April 15, 2016    $0.33125
First Preference Shares, Series 2  April 1, 2016  April 15, 2016   $0.296875
First Preference Shares, Series 3  April 1, 2016  April 15, 2016    $0.34375
Series A Preference Shares         April 1, 2016  April 15, 2016      $0.125
Common Shares                      April 1, 2016  April 15, 2016       $1.25

The Board has approved a change to the Company's dividend policy, increasing its quarterly dividend to $1.25 per Common Share. The Company's dividend policy is established by the Board of Directors at its discretion and is subject to change.

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.

Contacts:
E-L Financial Corporation Limited
Richard B. Carty
Vice-President, General Counsel and Corporate Secretary
(416) 947-2578
(416) 362-2592 (FAX)

Source: E-L Financial Corporation Limited

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