Manulife Financial Corporation declares dividends

              Manulife Financial Corporation declares dividends

PR Newswire

TORONTO, Nov. 8, 2012

C$ unless otherwise stated
TSX/NYSE/PSE: MFC
SEHK:945



TORONTO, Nov. 8, 2012 /PRNewswire/ - Manulife Financial Corporation's Board of
Directors today announced a quarterly shareholders' dividend of $0.13 per
share on the common shares of Manulife Financial Corporation (the "Company"),
payable on and after December 19, 2012 to shareholders of record at the close
of business on November 20, 2012.

The Board also  declared dividends on  the following non-cumulative  preferred 
shares, payable on or after December 19, 2012 to shareholders of record at the
close of business on November 20, 2012.

  *Class A Shares Series 1 - $0.25625 per share
  *Class A Shares Series 2 - $0.29063 per share
  *Class A Shares Series 3 - $0.28125 per share
  *Class A Shares Series 4 - $0.4125 per share
  *Class 1 Shares Series 1 - $0.35 per share
  *Class 1 Shares Series 3 - $0.2625 per share
  *Class 1 Shares Series 5 - $0.275 per share
  *Class 1 Shares Series 7 - $0.2875 per share
  *Class 1 Shares Series 9 - $0.275 per share

In respect of the  Company's December 19, 2012  common share dividend  payment 
date, the  Board has  decided that  the Company  will issue  common shares  in 
connection with  the reinvestment  of dividends  and optional  cash  purchases 
pursuant to the  Company's Canadian Dividend  Reinvestment and Share  Purchase 
Plan and its U.S. Dividend Reinvestment and Share Purchase Plan. The price  of 
common shares purchased  with reinvested dividends  will be reduced  by a  two 
(2%) per cent discount  from the market price,  as determined pursuant to  the 
applicable plan.

About Manulife Financial

Manulife Financial is  a leading  Canada-based financial  services group  with 
principal operations  in Asia,  Canada  and the  United  States. In  2012,  we 
celebrate 125 years  of providing  clients strong,  reliable, trustworthy  and 
forward-thinking solutions for their most significant financial decisions. Our
international network of  employees, agents and  distribution partners  offers 
financial protection and wealth management  products and services to  millions 
of clients.  We  also  provide  asset  management  services  to  institutional 
customers. Funds under management by  Manulife Financial and its  subsidiaries 
were C$515 billion  (US$523 billion)  as at  September 30,  2012. The  Company 
operates as  Manulife Financial  in  Canada and  Asia  and primarily  as  John 
Hancock in the United States.

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 
manulife.com.

SOURCE Manulife Financial Corporation

Contact:

Media inquiries:
Laurie Lupton
Manulife Financial
416-852-7792
laurie_lupton@manulife.com

Shareholder Relations:
Terri Neville
Manulife Financial
1-800-795-9767
shareholder_services@manulife.com
 
Press spacebar to pause and continue. Press esc to stop.