Great-West Lifeco statement on a decision released January 24 by the Ontario Superior Court of Justice

Great-West Lifeco statement on a decision released January 24 by the Ontario 
Superior Court of Justice 
WINNIPEG, Jan. 25, 2013 /CNW/ - The Ontario Superior Court of Justice has 
released a decision in regard to the involvement of the participating accounts 
of Great-West Lifeco subsidiaries London Life Insurance Company and The 
Great-West Life Assurance Company in the financing of the acquisition of 
London Insurance Group in 1997. 
This decision follows on the Court of Appeal decision from November 11, 2011. 
That court ruledthe Companies achieved substantial success and required that 
there be adjustments to the original trial judgment regarding amounts which 
were to be reallocated to the participating accounts going forward. The 
Ontario Superior Court Decision released yesterday ordered that $284.6 million 
be reallocated to the participating account surplus. The Company will be 
appealing that decision. 
The Court of Appeal confirmed that participating policyholders were treated 
fairly by the Company in the acquisition of London Life in 1997 and that there 
was no impact on their dividends. The Court of Appeal also confirmed that it 
was reasonable for the participating accounts to contribute to the acquisition 
in order to receive benefits. Any monies to be reallocated to the 
participating accounts will be dealt with in accordance with the companies' 
participating policyholder dividend policies in the ordinary course of 
business. The decision provides that no awards are to be paid out to 
individual class members. There will not be any impact on the capital position 
of the Companies or on participating policy contract terms and conditions. 
Great-West Lifeco Inc. (TSX: GWO) is an international financial services 
holding company with interests in life insurance, health insurance, retirement 
and investment services, asset management and reinsurance businesses. 
Great-West Lifeco has operations in Canada, the United States, Europe and Asia 
through The Great-West Life Assurance Company, London Life Insurance Company, 
The Canada Life Assurance Company, Great-West Life & Annuity Insurance Company 
and Putnam Investments, LLC. Great-West Lifeco and its companies have over 
$532 billion in assets under administration, and are members of the Power 
Financial Corporation group of companies. 
Assets as of September 30, 2012 
Marlene Klassen, APR Assistant Vice-President, Communication Services 
SOURCE: Great-West Lifeco Inc. 
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CO: London Life Insurance Company
ST: Manitoba
-0- Jan/25/2013 19:13 GMT
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