Brompton Lifeco Split Corp. Announces Distributions

TORONTO, ONTARIO--(Marketwire - Oct. 20, 2009) - Brompton Lifeco Split Corp. (TSX: LCS.TO)(TSX: LCS-PR.A.TO) is pleased to announce that a monthly distribution in the amount of $0.075 per class A share will be paid on November 13, 2009 to class A shareholders of record at the close of business on October 30, 2009.

Improvement in the market prices of the Canadian life insurance companies has resulted in an increase in net asset value per unit (consisting of one class A share and one preferred share) to $15.20 as at October 15, 2009, which allows the Fund to reinstate the monthly class A share distribution. In accordance with the class A share provisions and the prospectus, cash distributions may be paid on the class A shares, if after payment of the distribution by the Fund, the net asset value per unit is greater than $15.00. The Fund will continue to monitor its net asset value per unit on a monthly basis to determine whether the Fund will pay a class A distribution in each subsequent month.

Brompton Lifeco Split Corp. also announces a distribution in the amount of $0.13125 per preferred share (LCS.PR.A) payable on November 13, 2009 to holders of record at the close of business on October 30, 2009.

For additional information concerning the Fund, please call our investor relations line at 416-642-9051 (toll-free at 1-866-642-6001) or visit our website at www.bromptongroup.com.

Commissions, trailing commissions, management fees and expenses all may be associated with investment funds. Please read the Fund's publicly filed documents which are available from SEDAR at www.sedar.com. Investment funds are not guaranteed; their values change frequently and past performance may not be repeated.

Contacts

David E. Roode
Brompton Funds Management Limited
Senior Vice President
(416) 642-6008