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<h1>2004 News Releases</h1>
<h3>For Immediate Release</h3>
<h3 style="margin-bottom:0">February 23, 2004</h3>
<h4 style="margin-top:0">Notice of teleconference: Manulife USA hosts call with Stephan Leimberg</h4>
  <div style="color:#333">
    <p><b>Boston</b>– The Manufacturers Life Insurance Company (U.S.A)(Manulife USA) will present Stephan Leimberg, estate and financial planning expert, in a teleconference entitled “What’s Cooking with Life Insurance and Estate Planning? Major Changes in Valuation of Life Insurance.” Hosted by Randy Zipse, Senior Vice President and Senior Counsel, Advanced Markets, Manulife USA, the call will take place from 2:00 to 3:30 p.m. (ET).

<p>The teleconference will address the impact of recent regulations, revenue rulings, and revenue procedures from the Treasury and IRS. During the call, Mr. Leimberg will explain and share his perspective on these regulations, which regard the valuation of life insurance contracts for income tax purposes. He will also highlight key issues about which Financial Advisors should be aware and the possible implications these regulations may have on clients.

<p>A noted lecturer and estate and tax planning expert, Mr. Leimberg is the creator of numerous tools designed to educate industry professionals about a variety of financial planning topics. Through his lectures, estate planning software packages such as NumberCruncher, e-mail newsletter and database services such as LISI (Leimberg Information Services, Inc), and his numerous books (including<em>The Tools and Techniques of Charitable Planning</em>), Mr. Leimberg offers expert commentary and important information for financial services professionals.

<p>Participants can register for this teleconference online at <a href="http://www.manulife.com/rsvp">www.manulife.com/rsvp</a> or by calling National Sales Support at (888) 266-7498, option 2.

<p align="center"><em>- 30 -</em>

<p><b>Media Contact:</b><br>
Heather Randolph<br>
U.S. Communications<br>
(617) 854-4342<br>
<a href="mailto:hcarter@manulifeusa.com">hcarter@manulifeusa.com</a><br>


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