Donald R. Lindsay appointed to Manulife Board of Directors

TORONTO, Aug. 5 /CNW/ - Manulife Financial Corporation and The Manufacturers Life Insurance Company announced today that Donald R. Lindsay has been appointed to their Boards of Directors, effective August 1, 2010.

Mr. Lindsay, President and CEO of Teck Resources Limited, brings extensive management, financial services, capital markets and international experience to Manulife's Board. Mr. Lindsay's experience includes almost two decades with CIBC World Markets Inc., where he served as President after periods as Head of Investment and Corporate Banking and Head of the Asia Pacific Region. He earned a Bachelor of Science degree in Mining Engineering from Queen's University and holds a Master of Business Administration from Harvard Business School.

"Don Lindsay's strong financial background, knowledge of Asia and management expertise will benefit the Board significantly," said Manulife Chair Gail Cook-Bennett. "We are delighted to welcome Don to the Board."

About Manulife Financial

Manulife Financial is a leading Canadian-based financial services group operating in 22 countries and territories worldwide. For more than 120 years, clients have looked to Manulife for strong, reliable, trustworthy and forward-thinking solutions for their most significant financial decisions. Our international network of employees, agents and distribution partners offers financial protection and wealth management products and services to millions of clients. We provide asset management services to institutional customers worldwide as well as reinsurance solutions, specializing in life and property and casualty retrocession. Funds under management by Manulife Financial and its subsidiaries were Cdn$454 billion (US$428 billion) as at June 30, 2010. The Company operates as Manulife Financial in Canada and Asia and primarily as John Hancock in the United States. 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.

For further information: Media Contact: David Paterson, [phone], [email protected]; Laurie Lupton, [phone], [email protected]; Investor Relations: Shad Ansari, [phone], [email protected]