Toronto, September 04, 2014 -- Moody's Investors Service, ("Moody's") affirmed the A1 insurance financial strength (IFS) ratings of Manufacturers Life Insurance Company (MLI), the primary Canadian operating company of Manulife Financial Corporation (TSE: MFC; Manulife, not rated) with a stable outlook. The affirmation follows MFC's announcement of the planned acquisition of the Canadian operations of Standard Life plc (subordinated Baa2 (hyb)/stable) for CAD 4 billion, subject to certain adjustments, regulatory approvals and the approval of the shareholders of Standard Life plc. Please see separate press release for MFC's US operations.

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