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2009 News Releases

For Immediate Release

July 7, 2009

Manulife-Sinochem launches Juvenile Par Annuity Product “Fortune Baby”

Parents have a new tool at their disposal to help pave the way to their child’s future success. Manulife-Sinochem Life Insurance Co., Ltd announced a new Juvenile Par Annuity Product called “Fortune Baby” which features flexible management, a “DIY” individual annuity plan, guaranteed fixed annuity income and comprehensive care. The product is designed to fulfill children’s future needs at different life stages and to help parents plan for their children’s growth.

Flexible options, DIY individual annuity plan
Manulife-Sinochem “Fortune Baby” continues the advantages of previous baby products, such as mandatory savings, steady financial management and cash dividends. It differs by offering varied payment plans – parents can choose a premium payment plan of 6, 10, 15 or 20 years – and either a guaranteed 15 or 20-year annuity benefit according to their needs. Additionally, parents can opt to leave their annuity benefits to accumulate with compound interest to provide children a larger one-time or multiple-time lump payments for financial support when necessary.

Comprehensive care to meet children’s diversified needs
Manulife-Sinochem’s “Fortune Baby” can help meet children’s financial needs at different life stages, from school to work, including education fund, education allowance, study abroad, company start-up, wedding and mortgage down payment and other financial needs, serving as an efficient financial plan for the family.

Manulife-Sinochem is committed to the development and innovation of juvenile insurance products to provide comprehensive financial plans for parents and children. Juvenile products launched by the company have won many awards and are popular with parents. As a new generation Juvenile Par Annuity Product, “Fortune Baby” is designed to fulfill a wide range of family needs to conveniently provide support for children’s futures.

About Manulife-Sinochem
Manulife-Sinochem is a joint venture company between Manulife (International) Limited and China Foreign Economic and Trade Trust Company (a member of the Sinochem group). It was the first Chinese-foreign joint-venture life insurance company established in China. Manulife-Sinochem began operations in November 1996. To date it has over 10,000 professionally trained agents and employees, providing financial and insurance services to over 400,000 customers. The company is now developing steadily in over 35 cities including Shanghai and Beijing, and in provinces including Guangdong, Zhejiang, Jiangsu, Sichuan, Shandong, Fujian and Chongqing. As Manulife-Sinochem the Official Life Insurance Partner of the Beijing 2008 Olympic Games, Manulife-Sinochem is committed to promoting the Olympic spirit and leverages its excellent product and professional insurance service to support the great event.

With more than ten years’ successful experience, Manulife-Sinochem is committed to offering comprehensive insurance products combined with excellent customer service and professionalism.

Manulife-Sinochem can be found on the internet at www.manulife-sinochem.com.

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$405 billion (US$322 billion) as at March 31, 2009.

Manulife Financial Corporation trades as ‘MFC’ on the TSX, NYSE and PSE, and under ‘945’ on the SEHK. Manulife Financial can be found on the Internet at www.manulife.com.

About Sinochem
China Foreign Economic and Trade Trust Company (FOTIC) is a core enterprise of Sinochem, an important state-owned enterprise in China, with main focus on the agriculture, energy, chemicals, finance and real estate sectors. It is also one of the four largest state-owned oil companies in China and the largest fertilizer provider that manufactures, distributes and markets all varieties of fertilizers. Sinochem has been listed among the Fortune Global 500 companies eighteen times and ranked 257th in 2008. In 2008, Sinochem International earned the annual “Best Corporate Governance of Listed Companies in China” award.

Sinochem can be found on the Internet at www.sinochem.com.

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For more information, please contact:

In China:
Rosemary Liu
Manulife-Sinochem
Phone: (86-21) 53594770 x8624
Mobile: (86) 13501686831
rosemary_liu@manulife-sinochem.com
In Hong Kong:
Juliana Gittler
Manulife Financial
Phone: (852) 2202 1501
juliana_gittler@manulife.com