John Hancock Tax-Advantaged Global Shareholder Yield Fund Announces Special Meeting of Shareholders

 John Hancock Tax-Advantaged Global Shareholder Yield Fund Announces Special
                           Meeting of Shareholders

PR Newswire

BOSTON, March 20, 2013

BOSTON, March 20, 2013 /PRNewswire/ --John Hancock Tax-Advantaged Global
Shareholder Yield Fund (NYSE: HTY) (the "Fund"), a closed-end fund advised by
John Hancock Advisers, LLC, announced that a Special Meeting of Shareholders
of the Fund will be held on June 27, 2013 at 2:00 p.m., Eastern Time, at 601
Congress Street, Boston, Massachusetts 02210. Shareholders of record of the
Fund as of the close of business on April 25, 2013 are entitled to notice of,
and to vote at, the Special Meeting and at any adjournment thereof.

The Special Meeting will be held for the purpose of approving a new
subadvisory agreement with Epoch Investment Partners, Inc. ("Epoch"), which is
responsible for the day-to-day management of the Fund's portfolio investments,
other than the Fund's options strategy.

As previously announced by Epoch's parent company, Epoch Holding Corporation,
and The Toronto Dominion Bank ("TD"), Epoch Holding Corporation will be
acquired by TD. This acquisition under the Investment Company Act of 1940
would have the effect of terminating the current subadvisory agreement with
Epoch.

This press release does not constitute the solicitation of a proxy for
approval of the new subadvisory agreement or any other matter, which can only
be made by means of a proxy statement filed with the Securities and Exchange
Commission. A proxy statement will be mailed to shareholders prior to the
Special Meeting. When a proxy statement becomes available, shareholders are
advised to read it because it contains important information. The proxy
statement, when available, will be available for free at the Commission's
website www.sec.gov.

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 the Fund's control and could cause actual results
to differ materially from those set forth in the forward-looking statements.

An investor should consider a Fund's investment objectives, risks, charges and
expenses carefully before investing.

About John Hancock Funds
The Boston-based mutual fund business unit of John Hancock Financial, John
Hancock Funds, manages more than $79.8 billion in open-end funds, closed-end
funds, college savings assets, retirement plans and related party assets for
individual and institutional investors at December 31, 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$532 billion (US$535
billion) at December 31, 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 (617) 663-2702; Investor Contact: (800)
225-6020