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Manulife Mutual Funds receives approval for fund mergers Toronto – Manulife Mutual Funds has received securityholder approval to merge the following funds:
To meet regulatory requirements, each merger required the approval of the independent review committee of the funds which was granted on September 18, 2008. Each merger also required the approval of a majority of securityholders in each of the three Continuing Funds by proxy or in person at a special meeting that was held on Wednesday, December 10, 2008. In each instance, securityholders voted to support the proposal to merge the Terminating Fund into the Continuing Fund that shares similar investment objectives. While securityholders of the Terminating Funds did not have to approve the mergers, each securityholder of a Terminating Fund was provided with advanced notice of the mergers in accordance with applicable securities laws. The mergers will be completed on or about Friday, December 12, 2008. About 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 serving millions of customers in 19 countries and territories worldwide. Operating as Manulife Financial in Canada and Asia, and primarily through John Hancock in the United States, the Company offers clients a diverse range of financial protection products and wealth management services through its extensive network of employees, agents and distribution partners. Funds under management by Manulife Financial and its subsidiaries were Cdn$385.3 billion (US$363.5 billion) as at September 30, 2008. 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. –30–
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