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UPDATED ON: Wednesday, December 15, 1999

Manulife Financial:

J. Roy Firth,
Senior Vice President

From The Globe and Mail

Dominic D'Alessandro, President and Chief Executive Officer, Manulife Financial, is pleased to announce the appointment of J. Roy Firth, to the position of Senior Vice President, Wealth Management, Canadian Division.

This newly created position brings together all of Manulife's Canadian wealth management activities under one umbrella. Mr. Firth is responsible for the existing Savings & Retirement Services area, Manulife Bank, Manulife ONE, the retail mutual fund arm of Elliott & Page Limited (a member of the Manulife Financial group of companies), and the product manufacturing function of Manulife Securities International Limited.

Manulife Financial (Manulife Financial Corporation, The Manufacturers Life Insurance Company and its subsidiaries) is a leading provider of financial protection products and investment management services to individuals, families, businesses and groups in selected international markets. Canadian-based Manulife Financial operates in 15 countries and territories worldwide, with more than 28,000 employees and agents. Funds under management by the Company and its subsidiaries were in excess of Cdn$105 billion as of September 30, 1999. Manulife Financial Corporation trades under the ticker symbol MFC on the TSE, NYSE and PSE, and under '945' on the SEHK. Manulife Financial can be found on the Internet at


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