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2007 News Releases

For Immediate Release

July 17, 2007

Manulife Launches New Products and Offers More Investment Options

New launches include Manulife’s first Sharia-compliant fund

Jakarta– PT Asuransi Jiwa Manulife Indonesia (Manulife Indonesia) today launches a range of new protection products for its customers. The new products are Family Estate Protection, Equity Protection Plus and Max Link Plus. Manulife Indonesia has also added two new investment options to its fund range – including its first Sharia-compliant fund available to individual policyholders.

“The new protection products are all single-premium, so there will be no hassle of paying premiums for years to come,” said David Beynon, Manulife Indonesia’s President Director, at a press conference in Jakarta.

Meanwhile, the two new investment options being launched today areManulife Dana Berimbang(Manulife Balanced Fund) and Manulife Dana Ekuitas Syariah (Manulife Sharia Equity Fund). “We know that investors have different risk profiles and needs. With these two new investment options, they will have more choice according to the risk they are prepared to bear,” explained Nelly Husnayati, the company’s Executive Vice President and Chief Agency Officer. Also present at the conference were Hans de Waal, Vice President – Actuary and Miftah Choer, Product Management Senior Manager.

Ms Husnayati continued: “We are seeing a distinct increase in requests from customers for Sharia-compliant funds which allow them to participate in the equity markets in accordance with Sharia principles. This is Manulife Indonesia’s first Sharia complaint fund available to individual policyholders. We are hopeful that this trend will continue and that Sharia compliant products and funds will become a substantial growth area for Manulife in Indonesia”.

Family Estate Protection
This is a single-premium, whole life product that aims to provide lifetime protection to families. “Family Estate Protection was designed to make sure that the policyholder’s family can enjoy the same lifestyle as they have been enjoying so far even when the policyholder is no longer able to be with them. One payment is all it takes to make sure that your family will be protected for a lifetime,” said Mr. Beynon.

Family Estate Protection (FEP) gives lifetime protection that can be worth more than 20 times1 one’s single premium. As a bonus, an FEP policyholder might also share in company profits in the form of Paid-Up Additions.2

Max Link Plus
Max Link Plus is available in three choices of plan, Silver (Single Premium, IDR 30-<100 million), Gold (IDR 100-<250 million) and Platinum (IDR 250 million – 500 million). Investors can choose one or more of seven investment options according to their financial goals, such as Equity, Corporate Bonds, Government Bonds , Dollar Fixed Income Fund, Money Market Fund, and the new Manulife Balanced Fund (investing in stocks and bonds listed in the Jakarta Stock Exchange) and Manulife Sharia Equity Fund (investing in stocks – that meet the Islamic law requirements - listed in the Jakarta Stock Exchange). All funds in this program will be managed by award-winning investment manager, PT Manulife Aset Manajemen Indonesia (MAMI).


Numerous unique features can be enjoyed from Max Link Plus, including : 1) 100% of the single premium is allocated to the fund(s) from day 1 2) wider access to equity and capital markets, 3) freedom to choose a suitable investment option, 4) flexibility to switch between funds up to 4 times a year for free 5) insurance package bonus such as Death Benefit, Accidental Death Benefit and 6 Critical Illnesses Benefit, and 6) no medical checks required for investors.

“Max Link Plus is a good option for customers looking for the potential for investment growth while ensuring optimal insurance protection. ” said Miftah Choer, Product Management Senior Manager.

Equity Protection Plus
Equity Protection Plus (EPP) is a single-premium investment product that has upside potential based on Indonesian equity, plus it guarantees that investors will receive at least 100% of their initial investment at the time the policy matures. Investors can choose from three policy terms available - 6, 8 or 12 years. A customer’s initial investment is invested in Manulife’s own equity fund,Manulife Dana Ekuitas, which is managed by MAMI. After one policy year, a policyholder may switch his investment to other funds available, including Manulife Dana Berimbang and Manulife Dana Ekuitas Syariah.

Amid today’s volatile economic conditions, Indonesians prefer safe investment options. “This product is suitable for the individual investor who has enough cash to be put into a long-term investment product (for a minimum of six years) and is looking for a low-risk, high-yield potential product so they don’t have to worry about financial loss,” said Nelly Husnayati.

No medical screenings are required for purchasing the new Equity Protection Plus. “Note that if the insured dies within the contract period, Manulife guarantees a minimum of 125% of the initial investment at the end of the term,” said Hans De Waal.

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, PT Asuransi Jiwa 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) from Media Asuransi magazine.

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$426 billion (US$370 billion) as at March 31, 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.

1.Of Sum Insured (subject to age, gender and smoking habit)
2.In reference to General Provisions and FEP Provisions

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For further information, please contact:

Hans de Waal
Vice President - Actuary
Manulife Indonesia
Tel (021) 2355 9966
Fax (021) 2355 9900

Miftah Choer
Product Management Senior Manager
Manulife Indonesia
Tel (021) 2355 9966
Fax (021) 391 1560