Canada Life Capital Trust announces intention to redeem Canada Life Capital Securities - Series A

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WINNIPEG, April 18, 2012 /CNW/ - Canada Life Capital Trust, a trust established by The Canada Life Assurance Company, a subsidiary of Great-West Lifeco Inc., today announced that it intends to redeem all of its outstanding $300 million principal amount Canada Life Capital Securities-Series A (the "CLiCS-Series A") on June 30, 2012 at a redemption price per CLiCS-Series A equal to $1000 plus any Unpaid Indicated Yield to the date of redemption.  Notice of the redemption will be sent to holders of the CLiCS-Series A in accordance with the Canada Life Capital Trust Declaration of Trust.

Canada Life, founded in 1847, was Canada's first domestic life insurance company. Today, Canada Life provides insurance and wealth management products and services in Canada, the United Kingdom, Isle of Man, Ireland and Germany.

Marlene Klassen, APR
Assistant Vice-President, Communication Services
204-946-7705