Manulife Mutual Funds receives unitholder approval to merge three Elliott & Page Mutual Funds (May 22, 2003)
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FOR IMMEDIATE RELEASE
May 22, 2003

Manulife Mutual Funds receives unitholder approval
to merge three Elliott & Page Mutual Funds

Toronto – Manulife Mutual Funds has received unitholder approval to merge the following funds:
  • Elliott & Page T-Bill Fund into Elliott & Page Money Fund;
  • Elliott & Page Global Equity Fund into Elliott & Page Global Sector Fund, and;
  • Elliott & Page Equity Fund into Elliott & Page Blue Chip Fund
To meet regulatory requirements, each merger required the approval of a majority of unitholders in each of the three terminated funds voting by proxy or in person at a special meeting that was held on Friday, May 16, 2003. In each instance, unitholders voted to support the proposal to consolidate the three funds into the continuing funds that share similar investment mandates.

The mergers will be completed on Friday, May 23, 2003.

Manulife Investments
Manulife Investments is the brand name describing certain Canadian subsidiaries and operating divisions of Manulife Financial Corporation that offer personal wealth management products and services in Canada. As one of Canada’s leading integrated financial services providers, Manulife Investments offers a variety of products and services including segregated funds, mutual funds, annuities and Guaranteed investment contracts.

About Manulife Financial
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$141.6 billion as at March 31, 2003.

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 media inquiries or to arrange an interview, please contact:
Rahim Rajpar
Marketing Manager
(416) 852-7570
rahim_rajpar@manulife.com




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