MFC - <span class="simulate_din_font">Manulife Financial Corporation declares dividends</span> (CAD 0.13)

Company: Manulife Fin
Stock Name: MFC
Amount: CAD 0.13
Announcement Date: 03/05/2012
Record Date: 11/05/2012

Dividend Detail:

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C$ unless otherwise stated

TSX/NYSE/PSE: MFC������

SEHK:945��

TORONTO, May 3, 2012 /CNW/ - Manulife Financial Corporation's Board of
Directors today announced a quarterly shareholders' dividend of $0.13
per share on the common shares of Manulife Financial Corporation (the
"Company"), payable on and after June 19, 2012 to shareholders of
record at the close of business on May 15, 2012.

The Board also declared dividends on the following non-cumulative
preferred shares, payable on or after June 19, 2012 to shareholders of
record at the close of business on May 15, 2012.

��� Class A Shares Series 1 - $0.25625 per share

��� Class A Shares Series 2 - $0.29063 per share

��� Class A Shares Series 3 - $0.28125 per share

��� Class A Shares Series 4 - $0.4125 per share

��� Class 1 Shares Series 1 - $0.35 per share

��� Class 1 Shares Series 3 - $0.2625 per share

��� Class 1 Shares Series 5 - $0.275 per share

��� Class 1 Shares Series 7 - $0.371781 per share

In respect of the Company's June 19, 2012 common share dividend payment
date, the Board has decided that the Company will issue common shares
in connection with the reinvestment of dividends and optional cash
purchases pursuant to the Company's Canadian Dividend Reinvestment and
Share Purchase Plan and its U.S. Dividend Reinvestment and Share
Purchase Plan. The price of common shares purchased with reinvested
dividends will be reduced by a two (2%) per cent discount from the
market price, as determined pursuant to the applicable plan.

About Manulife Financial

Manulife Financial is a leading Canada-based financial services group
with principal operations in Asia, Canada and the United States. In
2012, we celebrate 125 years of providing clients 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 also provide asset
management services to institutional customers. Funds under management
by Manulife Financial and its subsidiaries were C$512 billion (US$512
billion) as at March 31, 2012. 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 manulife.com.

For further information:

Media inquiries:
Laurie Lupton
Manulife Financial
416-852-7792
laurie_lupton@manulife.com��

Shareholder Relations:��
Terri Neville
Manulife Financial
1-800-795-9767
shareholder_services@manulife.com