Manulife Financial Completes Offering of $950 Million Principal Amount of Medium-term Notes

On June 26, 2008, Manulife Financial Corporation completed an offering of $550 million principal amount of 5.161 per cent medium-term notes due 2015 and $400 million principal amount of medium-term notes due 2018 pursuant to its medium-term note program. The notes were issued under a pricing supplement dated June 20, 2008 to Manulife's short-form base shelf prospectus dated March 12, 2007, and prospectus supplement dated March 27, 2007. The notes were offered through a dealer syndicate led by RBC Dominion Securities Inc. and TD Securities Inc.

Manulife was represented by Torys LLP with a team consisting of Sharon Geraghty, David Seville, Tom Yeo, Jonathan Gilhen, Tom Miller, Krista Stout and Joanne Barrett (Canadian securities); Andy Beck and Mark Tice (US securities); Blair Keefe (insurance regulatory); and Jim Welkoff (tax).

Manulife was represented in-house by senior vice president & deputy general counsel Richard Lococo, assistant vice president, senior counsel & assistant corporate secretary David Kerr, and assistant vice president and counsel Michael Ward.

The dealers were represented by Davies Ward Phillips & Vineberg LLP with a team consisting of Patricia Olasker, Mindy Gilbert, Raj Juneja, Mark O'Brien and Jonathan Ip (securities) and Raj Juneja (tax).