Great-West Lifeco Inc
			Symbol			GWO
			Shares Issued			944,711,974
			Close 2009-11-24			C$ 24.01
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Great-West Lifeco arranges six-million-share buyback

2009-11-25 15:56 ET - News Release

Ms. Marlene Klassen reports

GREAT-WEST LIFECO ANNOUNCES NORMAL COURSE ISSUER BID

Great-West Lifeco Inc.'s normal course issuer bid has been accepted by the Toronto Stock Exchange.

The corporation intends to purchase for cancellation, during the course of the bid, up to but not more than six million common shares, representing 0.64 per cent of the outstanding common shares on Nov. 18, 2009. As of Nov. 18, 2009, the total number of issued and outstanding common shares was 944,711,974. The average daily trading volume for the six months ending on Oct. 31, 2009, is 563,466 common shares. The daily repurchase restriction during the course of the bid is 140,867 common shares, being 25 per cent of the average daily trading volume. Any shares purchased by the corporation under the bid will be cancelled.

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