Manulife Financial Corporation declares dividends



    TSX/NYSE/PSE: MFC; SEHK: 0945

    TORONTO, Aug. 7 /CNW/ - Manulife Financial Corporation's Board of
Directors today declared a quarterly shareholders' dividend of $0.26 per
share, an increase of $0.02 per share, on the common shares of the Company
payable on or after September 19, 2008 to shareholders of record at the close
of business on August 19, 2008.
    The Board also declared dividends on the following Non-cumulative Class A
Shares, payable on or after September 19, 2008 to shareholders of record at
the close of business on August 19 2008.

    
    - Series 1 - $0.25625
    - Series 2 - $0.29063
    - Series 3 - $0.28125
    

    About Manulife Financial
    ------------------------

    Manulife Financial is a leading Canadian-based financial services group
serving millions of customers in 19 countries and territories worldwide.
Operating as Manulife Financial in Canada and Asia, and primarily through John
Hancock in the United States, the Company 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$400 billion
(US$393 billion) as at June 30, 2008.
    Manulife Financial is one of two publicly traded life insurance companies
in the world whose rated life insurance subsidiaries hold Standard & Poor's
Rating Services' highest "AAA" rating.
    Manulife Financial Corporation trades as 'MFC' on the TSX, NYSE and PSE,
and under '0945' on the SEHK. Manulife Financial can be found on the Internet
at www.manulife.com.





For further information:

For further information: Media inquiries: Laurie Lupton, (416) 852-7792,
Laurie_Lupton@manulife.com; Shareholder Services: Terri Neville,
1-800-795-9767, shareholder_services@manulife.com


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