Great West Subsidiary Empower To Acquire The Retirement Plan And Benefits Administration Business Of Milliman, Inc.

Great-West Lifeco Inc TSX:GWO:

• GREAT WEST SUBSIDIARY EMPOWER TO ACQUIRE THE RETIREMENT PLAN AND BENEFITS ADMINISTRATION BUSINESS OF MILLIMAN, INC.

• GREAT-WEST LIFECO - DEAL VALUED AT US$340 MILLION

• GREAT-WEST LIFECO - ACQUISITION EXPECTED TO DELIVER US$20 MILLION COST SYNERGIES WITHIN THREE YEARS