Manulife Mutual Funds announces Lipper Award Winner



    TORONTO, March 29 /CNW/ - Manulife Mutual Funds (a division of Elliott &
Page Limited) is proud to announce that the Elliott & Page Core Canadian
Equity Fund has been recognized for excellence in the investment industry at
the Lipper Fund Awards 2007.
    The Elliott & Page Core Canadian Equity Fund, managed by Pat McHugh, Vice
President and Senior Portfolio Manager, MFC Global Investment Management,
placed first in the Canadian Equity (Pure) Fund category, in recognition of
the Fund's consistently strong risk-adjusted performance relative to its
peers.
    The Lipper Fund Awards is part of a global programme of events, held in
21 countries, to reward funds that have delivered consistently strong
risk-adjusted performance relative to their peers. The winners are selected
using the Lipper Leader rating for consistent return. For more information on
Lipper Leaders, please visit www.lipperweb.com
    "We are very pleased that Pat and the Elliott & Page Core Canadian Equity
Fund have received this prestigious honour. Pat's excellent work within this
highly competitive category has produced outstanding risk-adjusted returns.
The fact that this Fund has now been recognized as a true leader in its
category underscores our efforts to provide Canadian investors with access to
top ranked money management to help them meet their financial goals." said
Doug Conick, Vice President, Investment Funds for Manulife Investments.
    Pat joined MFC Global Investment Management in 2001 and has over 25 years
of experience managing Canadian equities for both retail and institutional
clients.

    About Manulife Investments
    --------------------------
    Manulife Investments is the brand name describing certain Canadian
subsidiaries and operating divisions of Manulife Financial Corporation that
offer personal wealth management products and services in Canada. As one of
Canada's leading integrated financial services providers, Manulife Investments
offers a variety of products and services including segregated funds, mutual
funds, annuities and guaranteed investment contracts.

    About MFC Global Investment Management
    --------------------------------------
    MFC Global Investment Management(R) is the brand name identifying the
diversified investment management group of Manulife Financial, with investment
offices in the United States, Canada, the United Kingdom, Japan, Hong Kong,
and throughout Southeast Asia. With more than C$240 billion in assets under
management, MFC Global Investment Management(R) is a leading global investment
management group.

    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$414 billion
(US$355 billion) as at December 31, 2006.

    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: Tom Nunn, Manulife Financial, (519) 594-8578,
tom_nunn@manulife.com


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