CANADA LIFE FINANCIAL CORPORATION
MATERIAL CHANGE REPORT
Section 118(1) of theSecurities Act (Alberta)
Section 85(1) of theSecurities Act (British Columbia)
Section 76(2) of theSecurities Act (Newfoundland)
Section 81(2) of theSecurities Act (Nova Scotia)
Section 75(2) of theSecurities Act (Ontario)
Section 84(1) of theSecurities Act (Saskatchewan)
- Reporting Issuer
Canada Life Financial Corporation
330 University Avenue
Toronto, Ontario
M5G 1R8
Tel: (416) 597-1440
- Date of Material Change
December 9, 2002
- Media Release
The material change was announced in a media release transmitted on December 9, 2002 through Canada Newswire.
- Summary of Material Change
"Canada Life Projects 15% - 18% EPS Growth for 2003"
- Full Description of Material Change
See exhibit 99.1 attached to this filing.
- Reliance on Confidentiality Provisions of Securities Legislation
Not applicable.
- Omitted Information
Not applicable.
- Senior Officer
Patrick Crowley, Executive Vice-President & Chief Financial Officer of Canada Life Financial Corporation, is knowledgeable about the material change described in this report and can be reached at 416-597-1440, ext. 5520.
- Statement of Senior Officer
The foregoing accurately describes the material change described herein.
DATED at Toronto, Ontario, this 9th day of December 2002.
CANADA LIFE FINANCIAL CORPORATION
"Patrick Crowley"
(Signed) Patrick Crowley
Executive Vice-President &
Chief Financial Officer