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Manulife Financial Corporation

PSE Circular for Brokers No. 524-00 • Philippine Stock Exchange • Circulars for Brokers • Mar 1, 2000

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March 1, 2000 PSE CIRCULAR FOR BROKERS NO. 524-00 SUBJECT : Manulife Financial Corporation Manulife Financial Corporation ("MFC") informed the Exchange that the Company intends to implement an Executive Stock Option Plan and a Stock Plan for Non-Employee Directors (the "Plans"). The Plans have been approved by the Board of Directors of MFC and are subject to approval by the Toronto Stock Exchange and MFC shareholders. The Plans will be submitted for shareholder approval at the Annual and Special Meeting of MFC to be held on May 4, 2000. Copies of the Plans and the related Proxy Circular are available for reference at the PSE Centre and PSE Plaza Libraries. LexLib For your information. (SGD.) MARIA ISABEL T. GARCIA OIC, Listings and Disclosure Group

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