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2007 News Releases

For Immediate Release

August 14, 2007

Jean–François Courville appointed President and COO of MFC Global Investment Management

Highly Regarded Industry Expert Joins MFC Global to Further Its Position As A Leader In The Asset Management Business

Toronto – Donald A. Guloien, MFC Global Chairman, announced today that Jean-François (J-F) Courville joins MFC Global as President and Chief Operating Officer of MFC Global Investment Management, the asset management arm of the Manulife Financial Corporation.

Mr. Courville will be responsible for growing MFC Global Investment Management’s third-party institutional and sub-advisory investment management businesses in North America, Japan, Asia and the United Kingdom as well as expanding investment management services to Manulife Financial’s own wealth management businesses globally.

Mr. Courville’s appointment to this new role is effective immediately and he reports to Warren Thomson, Vice Chairman of MFC Global Investment Management.

“MFC Global is firmly committed to becoming one of the pre-eminent asset managers providing investment solutions to institutional investors, investment funds, and individual clients of our wealth management businesses in key markets around the world. We are pleased to bring Mr. Courville’s knowledge and expertise to our team and have him head up these efforts,” Mr. Thomson said. “Our organization has grown significantly in the past few years and we believe we have laid a firm foundation to further strengthen and grow our asset management business.”

Mr. Courville joins Manulife from State Street Canada where he was President and CEO since 2005. Previously, he held positions of increasing responsibility within State Street’s trading and research group, including Managing Director and Principal Officer of State Street Global Markets Canada and Managing Director and Global Head of Client Development of State Street Global Markets in Boston. Mr. Courville has also worked in the trading operations of the National Bank of Canada in Montréal and London, England.

He graduated from McGill University with a Bachelor of Commerce degree in finance and international business. He is a Chartered Financial Analyst.

In 2006, Mr. Courville was named to Canada’s Top 40 Under 40™, a prestigious national award program that selects its honourees based on five key criteria which are: vision and leadership; innovation and achievement; impact; community involvement and contribution; and strategy for growth. In 2000, Mr. Courville was recognized as Young Business Manager of the Year in Quebec by the Jeune Chambre de Commerce de Montréal.

He is a member of the Board of Directors of Habitat for Humanity Toronto as well as an active participant in additional Canadian charitable organizations. Mr. Courville also serves on the Advisory Board of the Trudeau Centre for Peace and Conflict Studies at the University of Toronto.

About MFC Global Investment Management
MFC Global Investment Management® represents the diversified investment management group of Manulife Financial. MFC Global Investment Management companies and affiliates provide asset management strategies for institutional investors, investment funds and individuals in key markets around the world. This investment expertise extends across a full range of asset classes including equity, fixed income and alternative investments such as oil & gas, real estate, timber, farmland, as well as asset allocation strategies.

MFC Global Investment Management has investment offices in the United States, Canada, the United Kingdom, Japan, Hong Kong, and throughout Southeast Asia. As at June 30, 2007, total assets managed for Manulife Financial companies and affiliates and for other clients exceeded C$240 billion (US$210 billion.). Additional information about MFC Global Investment Management may be found at www.mfcglobal.com.

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.

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

MFC Global Investment Management®, Manulife and the block design are trademarks of The Manufacturers Life Insurance Company and are used by it and its affiliates including Manulife Financial Corporation.

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Contact: Brian carmichael
Phone: 617-663-4748
E-mail: bcarmichael@jhancock.com