Press Release

DBRS Discontinues Great-West Life Trust Securities (GREATS) Rating due to Redemption

Non-Bank Financial Institutions
July 25, 2013

DBRS Limited has today discontinued its rating on the Capital Trust Securities (GREATs) issued by Great-West Life Capital Trust due to redemption.

Notes:
The applicable methodology is Rating Companies in the Canadian Life Insurance Industry, which can be found on our website under Methodologies.

This rating is endorsed by DBRS Ratings Limited for use in the European Union.

ALL MORNINGSTAR DBRS RATINGS ARE SUBJECT TO DISCLAIMERS AND CERTAIN LIMITATIONS. PLEASE READ THESE DISCLAIMERS AND LIMITATIONS AND ADDITIONAL INFORMATION REGARDING MORNINGSTAR DBRS RATINGS, INCLUDING DEFINITIONS, POLICIES, RATING SCALES AND METHODOLOGIES.