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2007 News Releases

For Immediate Release

November 1, 2007

Manulife Announces New Senior Appointments

Hong Kong— Manulife Financial (stock code: 0945), a Canadian-based leading financial services provider, announces the appointment of two senior executives in its Asian Division, while Manulife Asset Management (Hong Kong) Limited (MAMHK), a member of the Manulife Financial Group, also announces one senior executive appointment.

Gianni Fiacco is appointed Vice President and Regional Controller, Asia. In this new role, Mr. Fiacco will be responsible for financial reporting, planning and analysis, implementing financial controls and ensuring compliance with changes to accounting standards impacting Manulife’s territories in Asia. Mr. Fiacco joined Manulife in Asia from the company’s Corporate Controllers Accounting Policy department in Toronto where he played a key role in the adoption of new financial instrument accounting standards. Prior to joining Manulife in 2005, Mr. Fiacco was with one of the Big Four accounting firms in the Audit and Advisory Services group, where his client base was focused on the financial services industry. Mr. Fiacco holds a Bachelor of Commerce degree from the University of Toronto, Canada, and is a Chartered Accountant.

Brian Yatsula is made Assistant Vice President, Tax Asia, Regional Controllers, Asia. Mr. Yatsula was previously part of Manulife’s Corporate Tax team in the Toronto head office and moved to Hong Kong in 2006. In his new post, Mr. Yatsula will be responsible for strengthening a regional tax team to service the growing demand for specialist tax support across Asia, as well as executing divisional tax planning initiatives and assisting with financial reporting. Before joining Manulife, Mr. Yatsula was a Senior Tax Manager with one of the Big Four accounting firms, specialising in financial services taxation. He holds a Bachelor of Business Administration degree from Wilfrid Laurier University, Canada, and is a Canadian Chartered Accountant as well as an U.S. Certified Public Accountant.

Jill Smith is appointed Vice President, Manulife Asset Management (Hong Kong) Limited - Investment Operations. Ms Smith will play an instrumental role in overseeing Manulife’s investment operations in the eight Asian countries including Hong Kong, Singapore, Indonesia, Philippines, Malaysia, Vietnam, Thailand, China and Taiwan. Ms Smith brings to Manulife many years of asset management experience and expertise in Asian equity and bond markets. Most recently, she was the head of a fixed-income investment management firm for its Singapore operation where she was well-acquainted with Manulife’s investment portfolio in fixed income and unit linked funds. In her current role, Ms Smith will develop opportunities available to Manulife to grow funds under management, leveraging its deep presence across Asian markets, and to further strengthen its investment capabilities within the territories. Ms Smith holds a post graduate Certificate of Education and a Bachelor of Arts honours degree in Sociology, both from Durham University, United Kingdom.

About Manulife Financial
Manulife Financial is a leading Canadian-based financial services group serving millions of customers in 19 countries and territories worldwide. Operating as Manulife Financial in Canada and Asia, and primarily through John Hancock in the United States, the Company offers clients a diverse range of financial protection products and wealth management services through its extensive network of employees, agents and distribution partners. Funds under management by Manulife Financial and its subsidiaries were Cdn$410 billion (approximately HK$3,016.4 billion) as at June 30, 2007.

Manulife Financial Corporation trades as ‘MFC’ on the TSX, NYSE and PSE, and under ‘0945’ on the SEHK. Manulife Financial can be found on the Internet at www.manulife.com.

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For more information please contact:
Helena Lee / Lily Chan
Manulife (International) Limited
Tel: (852) 2202 1050 / 2510 3191
Fax: (852) 2234 6875
Email: helena_lee@manulife.com
          lily_wk_chan@manulife.com