- Scotiabank, NT Global Advisors and BP Canada Energy Select MFC GIM To Manage Various Style Mandates - New Wins Total $234 Million TORONTO, Dec. 14 /PRNewswire-FirstCall/ -- MFC Global Investment Management ('MFC GIM'), recently was selected as investment adviser for three new equity mandates, MFC GIM President & Chief Executive Officer J-F Courville said today. -- Scotia Asset Management L.P. awarded MFC GIM a $122 million mandate to manage their Pinnacle Canadian Growth Equity Fund. The mandate will be managed by the Canadian Large Cap Growth Equity team, led by Shauna Sexsmith. -- NT Global Advisors, Inc., the Canadian multi-manager investment division of Northern Trust, awarded MFC GIM a $33 million mandate to manage a portion of its Diversified Fund of Canada Core Canadian Equity Fund. This mandate also will be managed by the Canadian Large Cap Growth Equity team. -- BP Canada Energy Company awarded MFC GIM a $79 million mandate to manage a U.S. equity index strategy for its pension plan. The mandate will be managed by the Index Equity team, led by Carson Jen. "We are very pleased and honored to have been selected to manage equity mandates for these outstanding companies. We are committed to providing them and their clients with excellence in investment management and in customer service," Mr. Courville said. He noted that MFC GIM in 2009 secured approximately $6 billion in new assets from institutional clients -- despite one of the worst economic downturns in decades. "With investment teams delivering strong performance, and sales and client service teams working closely with clients to meet their needs, we had an excellent 2009," Mr. Courville said. "Entering 2010 with solid momentum, we are further strengthening our asset management and client service capabilities to meet or exceed the performance and service expectations of our clients." About Scotiabank Scotia Asset Management L.P. is wholly-owned, directly and indirectly, by The Bank of Nova Scotia. Scotiabank is one of North America's premier financial institutions and Canada's most international bank. With close to 69,000 employees, Scotiabank Group and its affiliates serve approximately 12.8 million customers in some 50 countries around the world. Scotiabank offers a diverse range of products and services including personal, commercial, corporate and investment banking. With more than $485 billion in assets (as at July 31, 2009), Scotiabank trades on the Toronto (BNS) and New York Exchanges (BNS). For more information please visit http://www.scotiabank.com/. About NT Global Advisors NT Global Advisors, Inc. (Toronto) is a subsidiary of Northern Trust Global Advisors and Northern Trust Corporation (NASDAQ:NTRS), a leading provider of investment management, asset and fund administration, banking solutions and fiduciary services for corporations, institutions and affluent individuals worldwide. As of September 30, 2009, Northern Trust had assets under custody of US$3.6 trillion, and assets under investment management of US$611 billion. About BP Canada Energy Company BP Canada Energy Company explores for, develops, produces and processes natural gas. They also market natural gas and natural gas liquids (NGL). Through their Western Canadian facilities, they produce over 300 million cubic feet of natural gas and trade over 130,000 barrels of NGL each day. Headquartered in Calgary, Alberta, its businesses employ nearly 1,500 employees. They are active in four provinces and the Northwest Territories, while their marketing and trading activities span the nation and expand into the US. About MFC Global Investment Management® MFC Global Investment Management® is the asset management division of Manulife Financial. MFC Global Investment Management's diversified group of companies provides comprehensive asset management solutions for institutional investors, investment funds and individuals in key markets around the world. This investment expertise extends across a full range of asset classes including equity, fixed income and alternative investments such as oil and gas, real estate, timber, farmland, as well as asset allocation strategies. MFC Global Investment Management has investment offices in the United States, Canada, the United Kingdom, Japan, Hong Kong, and throughout Asia. As at October 31, 2009, assets under management for institutional clients were approximately Cdn$108 billion. MFC Global Investment Management®, Manulife and the block design are trademarks of The Manufacturers Life Insurance Company and are used by it and its affiliates including Manulife Financial Corporation. About Manulife Financial Manulife Financial is a leading Canadian-based financial services group serving millions of customers in 22 countries and territories worldwide. Operating as Manulife Financial in Canada and Asia, and primarily through John Hancock in the United States, the Company offers clients 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$436.5 billion (US$407.1 billion) as at September 30, 2009. 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 http://www.manulife.com/ . DATASOURCE: MFC Global Investment Management CONTACT: Brian Carmichael, +1-617-663-4748, , for MFC Global Investment Management Web Site: http://www.manulife.com/

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