Dominic D’Alessandro Receives Canadian Investment Funds Career Achievement Award

TORONTO, Dec. 4, 2003 – Dominic D’Alessandro, President & CEO of Manulife Financial, has been awarded the Canadian Investment Funds Career Achievement Award in recognition of his contribution, and that of Manulife Financial, to the growth of the overall investment funds industry in Canada.

“Since the launch of Manulife’s award-winning segregated fund product, the Guaranteed Investment Fund, or GIF, back in 1997, we at Manulife have strived to set the pace for the entire segregated fund industry in Canada”, said Mr. D’Alessandro. “With the launch in Canada of our retail investments brand moniker, Manulife Investments, earlier this year, we have firmly established Manulife as a signifcant player in Canada’s retail investment fund marketplace. On behalf of the entire Manulife Investments team, I am thrilled to accept this honour which recognizes the success of our efforts.”

Manulife Investments incorporates the former Elliott & Page and MIX mutual fund families, Manulife’s segregated funds, guaranteed fixed term and annuity investments under a common umbrella, with over $16.5 billion under management. In addition, Manulife Investments’ Wholesaling and Client Service Teams have the distinguished honour of having been recognized for their top tier customer service excellence.

The Career Achievement Award was established seven years ago to recognize a Canadian financial industry professional who has achieved extraordinary distinction in their business careers and who has made important contributions to their profession and their community. Candidates for the award are identified through a combination of peer vote and industry analysts committee and have been judged on their lifetime contribution.

About Manulife Investments

Manulife Investments is the brand name describing certain Canadian subsidiaries and operating divisions of Manulife Financial Corporation that offer personal wealth management products and services in Canada. As one of Canada’s leading integrated financial services providers, Manulife Investments offers a variety of products and services including segregated funds, mutual funds, annuities and guaranteed investment contracts.

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$150.8 billion as at September 30, 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