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2006 News Releases

For Immediate Release

October 2, 2006

Manulife Investments to Launch First–Of–Its–Kind Retirement Financial Product, Creating New Product Category in Canada

Toronto – Manulife Investments is creating a new product category for retirement planning as it launches a first-of-its-kind financial product into the Canadian marketplace. The new product is designed to help Canadian boomers navigate the critical time period just before and after retirement.

J. Roy Firth, Executive Vice President, Individual Wealth Management, Manulife Financial, will unveil details at a press briefing on October 3 at 10:15 a.m. Also on hand will be Dr. Moshe Milevsky, Associate Professor of Finance, York University, to release findings of a new study examining the "Retirement Risk Zone."

WHO:
Roy Firth, Executive Vice President, Individual Wealth Management, Manulife Financial

Dr. Moshe Milevsky, Associate Professor of Finance, York University and Executive Director of the IFID Centre

WHAT:
Press briefing to unveil new financial product for retirement planning and details of a new study on the Retirement Risk Zone

WHEN:
Tuesday, October 3, 2006
10:15 a.m.

WHERE:
Manulife Financial
200 Bloor St. E, North Tower
Rotunda Reception
(enter on West side of building off of St. Paul’s Square)

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$370 billion (US$332 billion) as at June 30, 2006.

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 or to confirm your attendance, please contact:

Lindsay Williams/ Lauren McConnell
PraxisPR
905-949-8255
Lindsay@praxispr.ca / lauren@praxispr.ca