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<h1>2004 News Releases</h1>
<h3>For Immediate Release</h3>
<h3 style="margin-bottom:0">April 20, 2004</h3>
<h4 style="margin-top:0">Manulife Financial’s First Quarter 2004 Financial Results Conference Call available through live webcast</h4>
  <div style="color:#333">
    <p><b>Toronto</b> - On Monday, April 26, 2004, Manulife Financial will webcast its first quarter 2004 financial results conference call with analysts. Later that week, on Thursday, April 29, 2004, it will webcast the joint Annual Meeting of Shareholders of Manulife Financial Corporation and Annual Meeting of Policyholders and Shareholder of The Manufacturers Life Insurance Company.

<p><b>First Quarter 2004 Financial Results</b><br>
Manulife Financial Corporation will release its first quarter financial results on the morning of Monday, April 26, 2004, followed by a live webcast of the quarterly conference call with analysts beginning at 11:00 a.m. [ET].

<p>The one-hour webcast will feature presentations by Dominic D’Alessandro, President and Chief Executive Officer, and Peter Rubenovitch, Executive Vice President and Chief Financial Officer.

<p>The presentation material to be referenced during the call will be posted on the Manulife Financial website and available for download following the release of the first quarter results. Both the presentation material and the live audio webcast can be accessed at <a href="http://www.manulife.com/corporate/corporate2.nsf/Public/quarterlyreports.html">www.manulife.com/corporate/corporate2.nsf/Public/quarterlyreports.html</a>. Archived recordings of the webcast will be available at the same address from 6:00 p.m. [ET] on April 26, 2004 until August 5, 2004.

<p><b>Annual Meeting</b><br>
Manulife Financial’s Annual Meeting will be held at the Company’s Head Office, 200 Bloor Street East, Toronto, Ontario on Thursday, April 29, 2004, beginning at 11:00 a.m. (ET).

<p>A live video feed and PowerPoint presentation will be accessible via the Manulife Financial website at <a href="http://www.manulife.com/corporate/corporate2.nsf/Public/presentations.html">www.manulife.com/corporate/corporate2.nsf/Public/presentations.html</a>. An archived version of the webcast will be available from 5:00 p.m. (ET) April 29, 2004 at the same URL for 30 days following the Meeting.

<p><b>About Manulife Financial</b><br>
Manulife Financial is a leading Canadian-based financial services group operating in 15 countries and territories worldwide. Through its extensive network of employees, agents and distribution partners, Manulife Financial offers clients a diverse range of financial protection products and wealth management services. Funds under management by Manulife Financial were Cdn$156.7 billion as at December 31, 2003.

<p>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 <a href="http://www.manulife.com/">www.manulife.com</a>.

<p align="center"><em>- 30 -</em>

<p><b>For more information, please contact:</b><br>


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<td width="288"><b>Media inquiries:</b><br>
Peter Fuchs<br>
(416) 926-6103<br>
<a href="mailto:peter_fuchs@manulife.com">peter_fuchs@manulife.com</a></td>
<td width="352"><b>Investor Relations:</b><br>
Edwina Stoate<br>
1-800-795-9767 ext. 63490 or (416) 926-3490<br>
<a href="mailto:edwina_stoate@manulife.com">edwina_stoate@manulife.com</a></td>
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