Manulife Financial promotes James Lin to General Manger of Manulife-Sinochem – Manulife’s China Operations (May 7, 2003)
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FOR IMMEDIATE RELEASE
May 7, 2003


Manulife Financial promotes James Lin to General Manger of Manulife-Sinochem – Manulife’s China Operations

Taipei – Manulife Financial is pleased to announce the promotion of James Lin to General Manager of Manulife-Sinochem Life Insurance Co. Ltd. (MSL) in China.

Mr. Lin joined Manulife Financial in 2001 as Vice President, Regional Agency Development. He has made a strong contribution to Manulife over the past two years, particularly in China and Taiwan, where he played a key role in growing the agency distribution function and in strengthening the management teams in these two fast growing operations.

“Mr. Lin’s promotion in part is in recognition of his impressive contribution to Manulife Taiwan,” said Michael Huddart, General Manager, Manulife Taiwan. “During his tenure, he played a significant role in helping to augment both sales and the size and quality of our agency force.”

“As the newly appointed General Manger of MSL in China, Mr. Lin will be responsible for managing the strategy for growth and development of our business there,” said Marc Sterling, Senior Vice President of Regional Operations in Asia. “In December, we opened our first branch office in the city of Guangzhou and we have filed with the China Insurance Regulatory Commission, our application for our second branch to be in Beijng. We feel there is tremendous opportunity for expansion across China and look forward to providing an increasing number of customers with our portfolio of leading-edge financial services products.”

Manulife Financial is one of the major life insurance companies in Asia, operating in eight countries that include Taiwan, Hong Kong, China, Singapore, Japan, Vietnam, the Philippines, and Indonesia.

About Manulife-Sinochem
Manulife-Sinochem is a joint venture company between Manulife (International) Limited (51 per cent) and China Foreign Economic and Trade Trust & Investment Company, a member of the Sinochem group (49 per cent).

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 further information, please contact:
Nicole Chien
Manulife Taiwan
Phone: (886) 2-6636-6174
E-mail: Nicole_chien@manulife.com




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