Manulife Financial completes $1-billion term notes

TORONTO – Manulife Financial Corp. has successfully completed its offering of $1-billion principal amount of medium term notes constituting senior indebtedness, pursuant to its medium term note program.

The 4.896-percent notes due 2014 were issued under a pricing supplement dated May 28, 2009 to Manulife Fnancial’s amended and restated short form base shelf prospectus dated May 8, 2009 (amending and restating its March 30, 2009 short form base shelf prospectus) and prospectus supplement dated April 21, 2009.

The notes were offered through an agency syndicate led by RBC Dominion Securities Inc. and CIBC World Markets Inc.  

The medium term notes have not been and will not be registered in the United States under the Securities Act of 1933, as amended, and may not be offered, sold or delivered in the United States or to US persons absent registration or applicable exemption from the registration requirement of such Act.

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 customers 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$405.3 billion (US$321.7 billion) as of March 31, 2009.