SL Split Corp. Declares Quarterly Dividend

TORONTO, July 8 /CNW/ - The Board of Directors of SL Split Corp. (the "Company") has today declared an ordinary dividend of $0.3223 per Preferred Share payable on July 30, 2010 to holders of record at the close of business on July 23, 2010.

SL Split Corp. is a mutual fund corporation created to hold a portfolio of common shares of Sun Life Financial Inc. The Company will generate a fixed quarterly dividend for the Preferred shareholders and provide the Capital shareholders with a leveraged investment, the value of which is linked to changes in the market price of the Sun Life shares.

SL Split Corp. is a mutual fund corporation created to hold a portfolio of common shares of Sun Life Financial Inc. Capital Shares and Preferred Shares of SL Split Corp. are listed for trading on The Toronto Stock Exchange under the symbols SLS and SLS.PR.A respectively.

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For further information: Investor Relations, SL Split Corp., [phone], E-mail: [email protected], Web site: www.scotiamanagedcompanies.com