| ü | Typical target investment range of $5MM to $25MM |
| ü | Investment time horizon of 5 to 7 years |
| ü | Invest in later stage companies in traditional industries |
| ü | Uses of financing include, but are not limited to: |
 | Ø | Acquisitions |
 | Ø | Capacity expansion |
 | Ø | Management buy-outs, buy-ins |
 | Ø | Working capital financing |
 | Ø | Balance sheet recapitalization |
| ü | Manulife Capital prefers to invest in companies with: |
 | Ø | Established companies |
 | Ø | Annual revenues above $35 million |
 | Ø | A track record of profitable growth |
 | Ø | A proven management team who co-invests |
 | Ø | Well defined competitive advantages |