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2007 News Releases

For Immediate Release

November 21, 2007

Manulife Indonesia opens new office in Malang

Malang – Manulife Indonesia today celebrated the official opening of its new office in the city of Malang. In order to provide a better office environment for its expanding staff and agency teams and to help provide even more efficient customer service, Manulife Indonesia has moved to a new premises located at Jl. Wilis No. 12, Malang 65115.

“We are delighted to have experienced considerable growth in our business in Malang. In response to that growth and to enable us to further improve the services we provide to our customers, staff and agents, we have moved our Malang management team, agency and staff into a larger and more efficient office,” said David Beynon, Manulife Indonesia President Director, who came to Malang for the opening of the new office. Mr. Beynon was accompanied by Adi Purnomo, Vice President Director; Nelly Husnayati, Executive Vice President and Chief Agency Officer; and Patrick Atkins, Assistant Vice President Agency.

To date, the Manulife’s office in Malang has served almost 6,000 customers since opening and posted total premiums of around IDR 17,000,000,000 as of August 2007. Malang office is one of the top ten producing offices in Manulife Indonesia’s country-wide operation. When it first opened in 1988, it had less than ten agents and staff. Now it has almost 90 agents and staff responding to the needs of its ever-growing legion of customers. .

The new office is expected to help support the Company’s goal to gain higher market share in East Java life insurance, employee benefits, and mutual fund markets. “We believe this new office will help us to capture considerable growth in new business and new clients in 2008,” said Mr. Beynon.

Manulife Indonesia’s new address: Jl. Wilis No. 12, Malang 65115, Indonesia
Tel (0341) 567 222 Fax (0341) 553 993

About Manulife Financial in Indonesia
Manulife Indonesia offers the most comprehensive products and services in the Indonesian financial services industry through Life Insurance, Employee Benefits and Mutual Fund products. Headquartered in Jakarta, Manulife Indonesia operates through a network of around 100 offices in more than 20 cities throughout the country, supported by approximately 5,000 employees and full-time professional agents who serve more than 1,000,000 customers.

In June 2007, Manulife Indonesia won Insurance Award 2007 as the Best Life Insurance Company in the class of companies with equity in excess of IDR 250 billion fromMedia Asuransimagazine. In the same month, the company was voted a close 2nd in the Top Life Insurance Companies in 2007 byInvestormagazine. In addition, this July, Manulife Indonesia’s successes were further underlined by an “Excellent” designation fromInfoBankmagazine in its 2007 insurance rating.

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$ 399 billion (US$ 398 billion) as at September 30, 2007.

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.

About Manulife’s role as the Worldwide Life Insurance Partner of the Olympic Games
Manulife Financial is the Official Worldwide Life Insurance Partner of the Olympic Games, supporting the Olympic Movement around the world, including Indonesia. Much like the Olympic Movement, Manulife Financial is dedicated to helping people achieve their dreams. By providing tailored life insurance products and services to its valued customers via its professional agency force, Manulife Financial facilitates the financial means for people to live out their dreams.This business essence is reflected in the company’s Olympic theme for the Beijing 2008 Olympic Games:Bringing Dreams to Life.

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For further information, please contact:

Patrick Atkins
Assistant Vice President, Agency
Manulife Indonesia
Tel (031) 568 6990
Fax (031) 568 6991
Kumala Ruslie
Director, Marketing
Manulife Indonesia
Tel (021) 2355 9966
Fax (021) 391 1560