SL Split Corp. Press Release SL Split Corp. Declares Quarterly Dividend

Toronto, January 13, 2012

Attention: Business / Financial Editors

The Board of Directors of SL Split Corp. (the "Company") has today declared an ordinary dividend of $0.3223 per Preferred Share payable on January 31, 2012 to holders of record at the close of business on January 27, 2012.
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. 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.
For more information, please contact: Investor Relations
SL Split Corp.
(416) 945-4514
E-mail: mc_slsplit@scotiacapital.com
Web site: www.scotiamanagedcompanies.com

40 King Street West, 26th Floor, Toronto, Ontario M5W 2X6 Tel: (416) 945-4514 Fax: (416) 863-7425

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SL Split Corp. Declares Quarterly Dividend