Great-West Life Capital Trust announces intention to redeem Great-West Life Trust Securities - Series A

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WINNIPEG, Sept. 14, 2012 /CNW/ - Great-West Life Capital Trust, a trust established by The Great-West Life Assurance Company, a subsidiary of Great-West Lifeco Inc., today announced that it intends to redeem all of its outstanding $350 million principal amount Great-West Life Trust Securities - Series A (the "GREATs Series A") on December 31, 2012 at a redemption price per GREATs 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 GREATs Series A in accordance with the Great-West Life Capital Trust Declaration of Trust.

Great-West Life is a leading Canadian insurer, with interests in life insurance, health insurance, investment, savings and retirement income and reinsurance businesses, primarily in Canada and Europe. Great-West Life is a subsidiary of Great-West Lifeco Inc., a member of the Power Financial Corporation group of companies.

SOURCE: Great-West Life Assurance Company

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