Manulife Financial Corporation declares dividends

              Manulife Financial Corporation declares dividends

PR Newswire

TORONTO, Feb. 7, 2013

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

TORONTO, Feb. 7, 2013 /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 March 19, 2013 to shareholders of record at the close of
business on February 20, 2013.

The Board also  declared dividends on  the following non-cumulative  preferred 
shares, payable on or after  March 19, 2013 to  shareholders of record at  the 
close of business on February 20, 2013.

  *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
  *Class 1 Shares Series 11 - $0.287671 per share

In respect of the Company's March 19, 2013 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. Clients look  to 
Manulife for 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$532  billion 
(US$535 billion) as  at December 31,  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
 
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