Manulife Investor Day

BMO Capital Markets, 30 September 2008Balance SheetIn the context of the current market environment, credit quality remains strong at MFC, with below investment grade bonds amounting to 4.8% of the total invested bond portfolio at Q2/08, down from 6.9% at the close of the JHF acquisition in Q2/04. The company did disclose its exposure to Wachovia Bank at US$600 million (most of which is debt). In