Sun Life Financial Presents $110,000 in Grants and Scholarships to Atlanta Nonprofits and Rising Star Students before a

  Sun Life Financial Presents $110,000 in Grants and Scholarships to Atlanta
  Nonprofits and Rising Star Students before a Performance of TOTEM™ by Cirque
  du Soleil®

 Fugees Family and Andrew and Walter Young Family YMCA honored for commitment
                to education at special pre-show presentation

Business Wire

WELLESLEY, Mass. -- November 20, 2012

The U.S. business group of Sun Life Financial Inc. (NYSE: SLF, TSX: SLF) today
announced Atlanta’s Sun Life Rising Star Award recipients, providing $110,000
in grants and scholarships to two community organizations, Fugees Family and
Andrew and Walter Young Family YMCA as well as an exemplary student nominated
by each: Tucker High School’s Lewis Makor,  and D.M. Therrell High School’s
Ce'Darius Glaze.

Sun Life Regional Group Manager Kevin Kuzon and Sun Life Voluntary Benefits
Practice Leader Michael Otis surprised the students with their scholarships at
a special pre-show ceremony at TOTEM™ by Cirque du Soleil®. Before taking in
the show, the students, their families and nonprofit representatives enjoyed
an exclusive experience with VIP ROUGE™*, where they participated in
performance workshops led by world-renowned performers from TOTEM™.

The Sun Life Rising Star Awards program recognizes nonprofits that redress low
high school graduation rates and honors outstanding students who have overcome
significant obstacles to succeed. The program also promotes financial literacy
as a means to achieve life-long financial wellness and stability. Each winning
organization receives a $50,000 grant and selects an exemplary student they
work with to receive a $5,000 college scholarship. Since the program’s
inception, Sun Life has granted nearly $3 million to 54 students and 47
nonprofit organizations across the country. This year, Sun Life expanded the
program to seven cities from five in 2011, and will award grants and
scholarships to students and nonprofits in Atlanta, Boston, Chicago, Houston,
Philadelphia, Phoenix and South Florida.

“We are making an investment in our youth, our education system and the
workforce of tomorrow through our Sun Life Rising Star Awards program,” said
Sun Life Financial U.S. President Wes Thompson. “It’s a privilege to reward
these incredible students who have persevered in the face of adversity and
stayed committed to furthering their education. We believe they need only
opportunity and support to realize their full potential.”

In addition to monetary support, the Sun Life Rising Star Awards program will
provide winning organizations with educational curriculum and resources to
increase financial literacy among students. Sun Life recently partnered with
dfree®, a movement developed by Dr. DeForest B. Soaries Jr. to galvanize the
public to overcome the culture of debt and attain financial self-sufficiency.
Sun Life and dfree® will provide the students and nonprofits with Breaking
Free Workbooks, which includes interactive activities and tools to encourage
debt-free living.

A six-person judging panel comprised of Atlanta’s foremost community and
business leaders selected the Sun Life Rising Star Awards winners based on the
following criteria:

  *Nonprofit’s commitment to developing and promoting skills that directly
    translate to educational engagement and matriculation rates for secondary
    school youth under the age of 21
  *Nonprofit’s demonstrated partnership with a secondary or post-secondary
    educational institution
  *Nonprofit’s documented ability to respond to the needs of specific groups
    of youth in a manner yielding measurable results
  *Student nominee’s plan to pursue post-secondary education, leadership
    qualities, commitment to his or her community, and a 750-word essay on how
    financial education contributes to future success

2012 Atlanta Sun Life Rising Stars:

Fugees Family –  The Fugees Family is devoted to helping child survivors of
war rebuild their lives, one step at a time. The organization works to afford
refugee youth equal access to educational opportunities with the goal that
each Fugee will attend a post-secondary institution, earn a degree, and enter
the workforce prepared to provide for their families in a way that will enable
them to break free of the generational cycle of poverty.

Student Recipient: Lewis Makor, Tucker High School
Makor has been in the Fugees Family program for seven years and is known as a
“big brother” to his peers. He hopes to be the first person in his family to
attend college, and is working to save tuition money at Camp Twin Lakes, a
Fugees academic summer camp. A talented athlete, Lewis also hopes to play
soccer at the collegiate level. He is interested in attending a mid-size
university in the southeast to study business and psychology.

Andrew and Walter Young Family YMCA – Andrew and Walter Young Family YMCA is
part of the YMCA of Metropolitan Atlanta whose mission statement is: Your
YMCA, reflecting its Judeo-Christian heritage, is an association of
volunteers, members and staff, open to and serving all, providing programs and
services which develop spirit, mind, and body. The YMCA cause nationally and
locally is to make a difference in the areas of youth development, healthy
living and social responsibility.

Student Recipient: Ce'Darius Glaze, D.M. Therrell High School
Glaze is a dedicated peer leader and volunteer camp counselor at the Andrew
and Walter Young Family YMCA. He works (through the Atlanta Workforce
Development program) in the nonprofit’s community kitchen every morning,
participates in Teen Leadership programs, competes on the varsity track team,
and volunteers at a youth after-school program. An avid reader, he is
committed to becoming the first college graduate in his family and wants to
study electrical engineering.

The judging panel included: The EDMAT Company Founder, President and CEO Linda
Burns; Fallon Benefits Group President Stephen Fallon; Integrated Life Center
Psychiatrist Dennis O’Brien; City of Atlanta Senior Advisor to the Mayor
Michael Sterling; CNN Senior Marketing Manager Keisha Taylor and Round of
Applause Executive Director Nieta Wigginton. For more information on the Sun
Life Rising Star Awards, please visit www.sunliferisingstar.com.

About Sun Life Financial

Sun Life Financial is a leading international financial services organization
providing a diverse range of protection and wealth accumulation products and
services to individuals and corporate customers. Chartered in 1865, Sun Life
Financial and its partners today have operations in key markets worldwide,
including Canada, the United States, the United Kingdom, Ireland, Hong Kong,
the Philippines, Japan, Indonesia, India, China and Bermuda. In the United
States and elsewhere, insurance products are offered by members of the Sun
Life Financial group that are insurance companies. Sun Life Financial Inc.,
the holding company for the Sun Life Financial group of companies, is a public
company. It is not an insurance company and does not offer insurance products
for sale in the United States or elsewhere, and does not guarantee the
obligations of its insurance company subsidiaries. In the United States, Sun
Life Financial provides a range of products and services to employers and
their employees, including group and voluntary life, disability, dental and
stop-loss insurance products. These products are issued by Sun Life Assurance
Company of Canada in all states except New York. In New York, these products
are issued by Sun Life Insurance and Annuity Company of New York. Product
offerings may not be available in all states and may vary depending on state
laws and regulations. For more information please visit www.sunlife.com/us.
Sun Life Financial Inc. trades on the Toronto (TSX), New York (NYSE) and
Philippine (PSE) stock exchanges under the ticker symbol SLF.

SLPC 24607 appvd: 11/12, exp: 11/17

*VIP Rouge™ is presented by Infiniti®

Contact:

elevate
Keith Gainsboro, 617-895-7905
kgainsboro@elevatecom.com