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2007 News Releases

For Immediate Release

August 28, 2007

Manulife Makes Premium Payments Even Easier with BCA Autodebit Facility

Introducing new, memorable account numbers in the interest of customers’ convenience

Jakarta– PT Asuransi Jiwa Manulife Indonesia (Manulife Indonesia) and Bank Central Asia (BCA) – a leading bank in Indonesia with the widest network in the country – today signed an agreement to provide automatic premium payments through an auto debit facility for Manulife Indonesia customers.

“Sometimes, you do not remember or you are too busy to go to the bank to pay for your bills. By using this facility, Manulife Indonesia customers with accounts at BCA no longer have to remind themselves when their premiums are due. The bank will take care of the payments, so there is no possibility of their policy lapsing because a payment is overdue – making this a very convenient service for our customers. We expect this to be very popular and to lead to a significant increase in transactions through BCA,” said David Beynon, Manulife Indonesia’s President Director.

This collaboration further strengthens the established relationship between the two companies. In addition to this latest facility, Manulife Indonesia customers can pay their premiums at BCA counters by cheque, clearing account, transfer between BCA accounts, or cash deposit or through the bank’s automated teller machine (ATM) or www.klikbca.com.

For those who still prefer going to BCA or its ATM themselves, Manulife Indonesia has introduced new bank account numbers for its non-unit-linked policies (305 305 305 6) and unit-linked policies (305 301 301 1)1. “We deliberately chose memorable numbers for our bank accounts at BCA, so it is easy for our customers to remember them,” explained Adi Purnomo, Manulife Indonesia’s Vice President Director. Plus, customers who make their payments to Manulife through BCA do not have to spend money on transaction fees, as Manulife will bear these fees.

Aswin Wirjadi, BCA’s Vice President Director, said, “This collaboration to offer automatic premium payments to Manulife customers is part of our efforts to strengthen our position as a leading bank for payment transactions in Indonesia.”

Besides BCA, Manulife customers can also pay their premiums through the company’s accounts at Citibank.

About Manulife Indonesia
Manulife Indonesia offers the most comprehensive products and services in the Indonesian financial services industry through Life Insurance, Employee Benefits and Wealth Management products. Headquartered in Jakarta, Manulife Indonesia operates through a network of around 100 branch offices in more than 20 cities throughout the country, supported by approximately 5,000 employees and full-time professional agents who serve more than 1,000,000 customers. In June 2007, Manulife Indonesia won Insurance Award 2007 as the Best Life Insurance Company in the class of companies with equity in excess of IDR 250 billion fromMedia Asuransimagazine. In the same month, the company was listed in the Top 3 Life Insurance Companies in 2007 byInvestormagazine. And this July, Manulife Indonesia’s successes were further underlined by an “Excellent” designation fromInfoBankmagazine in its 2007 insurance rating.

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 (US$386 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.

About Bank Central Asia (BCA)
PT Bank Central Asia Tbk (BCA) is known as a leading bank for payment transactions in Indonesia. It is also known as one of the banks with the most diverse delivery channels, from branch offices, ATM, credit cards, debit/cash services, internet banking, phone banking, to mobile banking. As of the first semester of 2007, BCA has 793 branches, 59,297 EDC (Electronic Data Capture) and operate 5,332 ATM and serves 7.1 millions of customer accounts across Indonesia.

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Notes to editors:
1Manulife is communicating the new numbers directly to customers. Old numbers will remain valid for three months.

For further information, please contact: 

 

Kumala Ruslie / Martha Widjaja
Marketing & Communications Dept.
Manulife Indonesia
Tel (021) 2355 9966
Fax (021) 391 1560

Biro Humas
PT Bank Central Asia Tbk
Tel (021) 520 8650 / 520 8750
Fax (021) 520 8899