John Hancock Announces Results of Annual Meetings of Shareholders

      John Hancock Announces Results of Annual Meetings of Shareholders

John Hancock Bank and Thrift Opportunity Fund, John Hancock Hedged Equity &
Income Fund, John Hancock Preferred Income Fund, John Hancock Preferred Income
Fund II, John Hancock Preferred Income Fund III, John Hancock Premium Dividend
Fund, John Hancock Tax-Advantaged Dividend Income Fund and John Hancock
Tax-Advantaged Global Shareholder Yield Fund

PR Newswire

BOSTON, Nov. 9, 2012

BOSTON, Nov. 9, 2012 /PRNewswire/ --The following eight John Hancock
Closed-End Funds announced the results of their annual shareholder meetings:
John Hancock Bank and Thrift Opportunity Fund (NYSE: BTO), John Hancock Hedged
Equity & Income Fund (NYSE: HEQ), John Hancock Preferred Income Fund (NYSE:
HPI), John Hancock Preferred Income Fund II (NYSE: HPF), John Hancock
Preferred Income Fund III (NYSE: HPS), John Hancock Premium Dividend Fund
(NYSE: PDT), John Hancock Tax-Advantaged Dividend Income Fund (NYSE: HTD) and
John Hancock Tax-Advantaged Global Shareholder Yield Fund (NYSE: HTY)
(collectively, the "Funds").

At their annual meetings held today, shareholders of the Funds elected
thirteen Trustees as members of the Board of Trustees of the Funds. Craig
Bromley, Deborah C. Jackson, James M. Oates and Steven R. Pruchansky were
elected as Trustees for a term to expire in 2016; Charles L. Bardelis, Peter
S. Burgess, Theron S. Hoffman and Warren A. Thomson were elected as Trustees
for a term to expire in 2015; and James R. Boyle, William H. Cunningham, Grace
K. Fey, Hassell H. McClellan and Gregory A. Russo were elected as Trustees for
a term to expire in 2014.

The newly elected Trustees, Ms. Fey and Messrs. Bardelis, Boyle, Bromley,
Burgess, Hoffman, McClellan, Oates, and Thomson, are expected to join the
Board of the Funds on or about December 1, 2012.

Statements in this press release that are not historical facts are
forward-looking statements as defined by the United States securities laws.
You should exercise caution in interpreting and relying on forward-looking
statements because they are subject to uncertainties and other factors which
are, in some cases, beyond a Fund's control and could cause actual results to
differ materially from those set forth in the forward-looking statements.

About John Hancock Funds
The Boston-based mutual fund business unit of John Hancock Financial, John
Hancock Funds, manages more than $77.9 billion in open-end funds, closed-end
funds, private accounts, retirement plans and related party assets for
individual and institutional investors at September 30, 2012.

About John Hancock Financial and Manulife Financial Corporation
John Hancock Financial is a unit of Manulife Financial Corporation, a leading
Canadian-based financial services group serving millions of customers in 22
countries and territories worldwide. Operating as Manulife Financial in Canada
and in most of Asia, and primarily as John Hancock in the United States,
Manulife Financial Corporation 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$515 billion (US$523
billion) at September 30, 2012.

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.

The John Hancock unit, through its insurance companies, comprises one of the
largest life insurers in the United States. John Hancock offers a broad range
of financial products and services, including life insurance, annuities, fixed
products, mutual funds, 401(k) plans, long-term care insurance, college
savings, and other forms of business insurance. Additional information about
John Hancock may be found at www.johnhancock.com.

SOURCE John Hancock Funds

Website: http://www.johnhancock.com
Contact: Media Contact: Jay Aronowitz, +1-617-663-2702, Investor Contact:
1-800-843-0090
 
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