Manulife Financial to administer group retirement savings plans for Rogers Communications Inc. employees

KITCHENER-WATERLOO, ON, July 5, 2006 – Manulife Financial is proud to welcome Rogers Communications Inc. to its family of Group Savings and Retirement Solutions (GSRS) clients.

When the Rogers plan takes effect August 1, 2006, Manulife will be the exclusive provider of employee benefits and pension savings plans for this leading Canadian firm. Manulife already provides Group Benefits coverage for Rogers employees.

“We believe our customer service, innovative products and flexible support are a good fit for a dynamic and growing organization like Rogers and its approximately 25,000 employees,” said Paul Lorentz, Senior Vice-President of Manulife Financial’s Group Savings and Retirement Solutions (GSRS).

“Our teams in GSRS will work diligently to reinforce the strong relationship that Rogers already has with Manulife’s Group Benefits area and continue to provide outstanding customer service. We’re very pleased to be extending Manulife’s partnership with Rogers Communications Inc.”

About Group Savings and Retirement Solutions

Group Savings and Retirement Solutions provides a range of group pension, investment and income products for Canadian businesses, their employees and retirees. GSRS serves more than 3,800 clients and their 375,000 plan members from its headquarters in Kitchener-Waterloo, plus sales and service operations in Halifax, Montreal, Toronto, Winnipeg, Calgary, Edmonton and Vancouver.

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$386 billion (US $330 billion) as at March 31, 2006.

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.