2009 News Releases

As the bancassurance market in China transforms and matures, Manulife-Sinochem announces a new bancassurance product “Jin Yu Nian Nian”, a participatingendowment product created based on comprehensive market research. The product has a 6-year premium paying period, 6-year further protection period, quick return of cash benefits, and return of principal at maturity, which can meet the comprehensive financial planning needs of for customers at different stages of life.

Six-plus-six protection and cash benefits each year
Manulife-Sinochem’s “Jin Yu Nian Nian” provides 12 years of protection. For the first 6 years, the policyholder pays the premium, followed by 6 years of protection, to meet medium- to long-term protection needs. Starting from the second policy anniversary, cash benefits equal to 3% of the first-year premium are provided for 10 years. In each policy year, the company will also provide dividends to policyholders based on the financial results of the participating business. Those insured between the ages of 18 and 65 will also receive public transportation accidental death insurance protection equal to 3 times the paid premium.

“Jin Yu Nian Nian” combines saving and protection to help balance a family’s financial management and offset the uncertainly and fear from the current financial crisis and A-share market volatility. With the return of principal at maturity, a family can fund a child’s education, start a business or contribute to retirement income. “Jin Yu Nian Nian” helps customers to plan for a brilliant future, and it is an excellent choice for modern financial management.

Solid strength and firm commitment to providing protection
As the first joint venture life insurance company in China, Manulife-Sinochem is well positioned to offer superior bancassurance products and service. The JV’s foreign parent company Manulife Financial has a long history and extensive experience running bancassurance businesses, which are becoming an important distribution channel for many insurance companies in China. Through bancassurance, banks can provide customers with a package of financial services including insurance products, effectively meeting their comprehensive financial planning needs. Manulife-Sinochem has developed bancassurance into a highly successful distribution method since launching it in 2008.

With more than ten years experience in the China insurance market in general, Manulife-Sinochem is now at the forefront in agent training, product design, market innovation and customer service in bancassurance.

About Manulife-Sinochem
Manulife-Sinochem is a joint venture company between Manulife (International) Limited and the China Foreign Economy 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. 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.

Manulife Financial can be found on the Internet at www.manulife.com.

About Sinochem
China Foreign Economy and Trade Trust Company (FOTIC) is a core enterprise of Sinochem. Sinochem is an important state-owned enterprise in China, with main focus in the sectors of agriculture, energy, chemicals, finance and real estate. 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 got yearly award of “The best corporate governance of listed companies in China”

Sinochem can be found on the Internet atwww.sinochem.com.

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