Saint-Hyacinthe, April 8, 2010 - Richard Gagnon, President and Chief Executive Officer, proudly unveiled the results for 2009 at the Annual General Meeting of LS Mutual Life Insurance Company, held this morning.

Financial performance
In fact, the Company generated $7 million in profit before tax and policyowner dividends, for a net profit of $4.4 millions - an all-time high for LS Mutual. This profit generates a return of 12.9% on mutual members' equity, which has risen on average by 13.2% per year for the past five years.

Further, the Company's assets grew by 7.9% to reach $ 224 million.

Business development
In terms of business development, LS Mutual sales increased by close to 30% last year. Although impressive, this increase falls within the annual average for the past five years.

Mr. Gagnon also stated that this growth occured in both the group insurance and the individual insurance lines. Notably, the decision made two years ago to enter  into a partnership with Tour+Med travel insurance products is already yielding lucrative dividends.

The President and CEO emphasized, in particular, that 73.2% of the Company's premium revenues are generated by health insurance products, which clearly confirms LS Mutual's specialization in this type of product, in line with strategic oreinetations established by the Board of Directors.

Moreover, during the same year, LS Mutual expended a sustained effort to implement a major plan to modernize technology as well as to carry out integrated risk management and compliance activities.

Priorities in 2010
In 2010, LS Mutual intends to push forward with the work begun several months ago to progresively develop the Ontario market.

The application of International Financial Reporting Standards (IFRS) will also be given particular attention, althought the work to implement IFRS has already been completed.

Priority will also be given to the technological modernization plan and to integrated risk management and compliance activities.

Richard Gagnon closed the general meeting by explaining to our mutual members that LS Mutual would continue to factor in the unstable economic situation of recent years by developing innovative products adapted to every budget and by continuing its highly cautious approach to managing Company assets.