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UPDATED ON: Tuesday, November 30, 2010

Manulife Financial:

Mr. Joseph Caron,

From The Globe and Mail

Manulife Financial Chair of the Board Gail Cook-Bennett is pleased to announce that Joseph Caron has joined the Boards of Directors of Manulife Financial Corporation and The Manufacturers Life Insurance Company.

Joseph Caron, former Canadian Ambassador to the People’s Republic of China and former Canadian Ambassador to Japan, and High Commissioner to the Republic of India, brings significant international, management, and government relations experience to Manulife’s Board. Mr. Caron has been named a Distinguished Fellow of the Asia Pacific Foundation and an Honorary Research Associate of the University of British Columbia’s Institute of Asian Research. In September, Mr. Caron joined Heenan Blaikie, one of Canada’s largest national lawfirms, as Strategic Advisor for Asia Pacific. He holds a Bachelor of Arts degree in Political Science from the University of Ottawa.

Manulife Financial is a leading Canadian-based financial services group operating in 22 countries and territories worldwide. For more than 120 years, clients have looked to Manulife for strong, reliable, trustworthy and forward-thinking solutions for their most significant financial decisions. Our international network of employees, agents and distribution partners offers financial protection and wealth management products and services to millions of clients. We provide asset management services to institutional customers worldwide as well as reinsurance solutions, specializing in life and property and casualty retrocession. Funds under management by Manulife Financial and its subsidiaries were Cdn$474 billion (US$460 billion) as at September 30, 2010. The Company operates as Manulife Financial in Canada and Asia and primarily as John Hancock in the United States. Manulife Financial Corporation trades as ‘MFC’ on the TSX, NYSE and PSE, and under ‘945’ on the SEHK.


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