Canada Life Assurance Company – 29
June 3, 2011
NOTICE REGARDING PROPOSAL, June 1, 2011
As of June 1, 2011 over 75% of the members of the Surplus Sharing Group have responded to the mail out sent in early March, 2011. The required threshold for consent for the members of the Integration Partial Wind Up Group under the Proposal has been exceeded, with over 80% voting in favour of the Proposal. With respect to the Prior Partial Wind-up Groups, we have received the requisite consent levels for the Pelican group and the Adason group, and the consent of approximately 73.3% of the Indago group. Approximately 71.7% of the members of the Non Partial Wind Up Group have voted in favour of the Proposal. These figures continue to change daily.
Members of the Surplus Sharing Group who have not yet submitted their Decision Form are encouraged to do so as soon as possible.
In the event of a strike by Canada Post employees, Koskie Minsky LLP will accept Decision Forms by email to canadalifeclass@kmlaw.ca or fax (416) 204-2897, with originals to follow by mail.
