Robert J. Harding appointed to Manulife Board of Directors



    TSX/NYSE/PSE: MFC; SEHK: 0945

    TORONTO, Aug. 7 /CNW/ - Manulife Financial Corporation and The
Manufacturers Life Insurance Company will welcome Robert J. Harding, Chairman
of Brookfield Asset Management Inc., to their Boards of Directors on October
2, 2008.
    Mr. Harding joins Manulife's Board bringing sound experience from his
more than 25 years with Brookfield Asset Management Inc. He earned his
Bachelor of Mathematics from the University of Waterloo and is a Chartered
Accountant. He also holds an Honorary Doctor of Laws from the University of
Waterloo.
    "We are pleased to welcome Bob to our Board," said Manulife Chairman,
Arthur Sawchuk. "Bob possesses strong corporate governance knowledge and first
hand experience managing global enterprises. We will greatly benefit from his
experience and expertise."
    Mr. Harding also serves as Chairman of Norbord Inc. and is a member of
the Board of Fraser Papers Inc.

    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 customers 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; Investor Relations: Amir Gorgi, 1-800-795-9767,
investor_relations@manulife.com


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