Sun Life Financial declares quarterly dividend on Common and Preferred Shares

    TORONTO, Aug. 6 /CNW/ - The Board of Directors of Sun Life Financial Inc.
(TSX/NYSE:   SLF) today announced a quarterly shareholder dividend of $0.36 per
common share, payable September 30, 2009 to shareholders of record at the
close of business on August 26, 2009. This is the same amount as paid in the
previous quarter.
    The Board of Directors of Sun Life Financial Inc. also announced the
following quarterly dividends on its Class A Non-Cumulative Preferred Shares
payable on September 30, 2009 to shareholders of record at the close of
business on August 26, 2009: $0.296875 per Series 1 share; $0.30 per Series 2
share; $0.278125 per Series 3 share; $0.278125 per Series 4 share; and
$0.28125 per Series 5 share and $0.54658 per Series 6R share.
    Dividends payable on September 30 to participants in the Canadian
Dividend Reinvestment and Share Purchase Plan (the "Plan") will be used to
purchase common shares issued from treasury at a 2% discount to the volume
weighted average market price determined in accordance with the Plan. This
discount does not apply to common shares acquired by participants through the
optional cash purchase feature of the Plan.
    Sun Life Financial Inc. has designated the dividends referred to above as
eligible dividends for the purposes of the Income Tax Act (Canada).

    Sun Life Financial is a leading international financial services
organization providing a diverse range of protection and wealth accumulation
products and services to individuals and corporate customers. Chartered in
1865, Sun Life Financial and its partners today have operations in key markets
worldwide, including Canada, the United States, the United Kingdom, Ireland,
Hong Kong, the Philippines, Japan, Indonesia, India, China and Bermuda. As of
June 30, 2009, the Sun Life Financial group of companies had total assets
under management of $397 billion. For more information please visit
    Sun Life Financial Inc. trades on the Toronto (TSX), New York (NYSE) and
Philippine (PSE) stock exchanges under ticker symbol SLF.
    Note to Editors: All figures in Canadian dollars.

For further information:

For further information: Media Relations Contact: Steve Kee, Assistant
Vice-President, Communications, Tel: (416) 979-6237,;
Investor Relations Contact: Paul Petrelli, Vice-President, Investor Relations,
Tel: (416) 204-8163,

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