Great-West Lifeco statement on a decision released by the Court of Appeal for Ontario

Great-West Lifeco statement on a decision released by the Court of Appeal for 
WINNIPEG, Feb. 3, 2014 /CNW/ - The Court of Appeal for Ontario 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 overturned the Ontario Superior Court's January 24, 2013 
decision regarding the amounts to be reallocated to the participating account 
surplus. The Court of Appeal reduced the previously ordered amount of $284.6 
million to $51.6 million ($27.0 million in respect of London Life and $24.6 
million in respect of Great-West Life). The financial impact of this decision 
will be reported in the Companies fourth quarter financial results as a 
Subsequent Event. 
The Court of Appeal confirmed in an earlier decision in this matter 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. That earlier decision also provided that 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. There will not be any impact on the capital 
position of the Companies or on participating policy contract terms and 
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 Great-West Life, London Life, Canada Life, Irish Life, Great-West 
Financial and Putnam Investments. Great-West Lifeco and its companies have 
over $705 billion in assets under administration, and are members of the Power 
Financial Corporation group of companies. 
Assets as of September 30, 2013

SOURCE  Great-West Lifeco Inc. 
Marlene Klassen, APR Assistant Vice-President, Communication Services 
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CO: London Life Insurance Company
ST: Manitoba
-0- Feb/03/2014 21:36 GMT
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