Manulife Financial Will Utilize Premium Financing Insurance Concept Developed by HedgeLender Partner Emerging Money Corporation

Manulife Financial, a major insurance and financial services organization, will utilize the Stock to Cash program of Emerging Money Corporation. Stock to Cash uses HedgeLoan financing to produce non-callable, non-recourse stock loans at up to 90% of the value of the client's portfolio to place into Stock to Cash annuities and/or insurance contracts.

MANULIFE FINANCIAL WILL UTILIZE A PREMIUM FINANCING INSURANCE CONCEPT
DEVELOPED BY HEDGELENDER PARTNER EMERGING MONEY CORPORATION

Stamford, CT (November 29, 2001) ­ Manulife Financial will use a
unique premium financing insurance concept created by industry think-
tank organization Emerging Money Corporation (EMc2) of Stamford,
Connecticut. The program known as Stock to Cash® (S2C), merges an
unusual non-callable and non-recourse stock loan product with
Manulife Financial's already powerful assortment of fixed-income
insurance products. The combination allows illiquid and low-basis
stock portfolios to be used to fund life insurance policies without
the need to sell shares and incur capital gains taxes. In addition,
because the loan is fully non-recourse, the policyholder may decide
to walk away from the entire loan obligation should the collateral
shares fail to appreciate sufficiently to justify repayment.

"Premium financing insurance concepts are generating a stir in
the industry today," said Randy Zipse, Senior Counsel, Manulife
Advanced Markets."What is particularly appealing about EMc2's
concept is that the insurance policy is not used as collateral for
the loan. Therefore, the loan does not negatively impact the life
insurance policy or eat away the tax advantages of the death benefit,
even when the borrower decides not to repay the loan principal or any
of the accrued interest."

Emerging Money Corporation, a leading innovator of highly creative
planning concepts, often combines sophisticated tax strategies with
its own proprietary financial products. In 1998, EMc2 was awarded
Trusts & Estates Magazine's most prestigious EPIC Award for its
Family Discount Life Program. In addition to program design, EMc2
also provides educational and training support to thousands of agents
nationwide.

"We are very excited about this new development with our Stock to
Cash program," says EMc2 Co-Chairman Charles Horn. "Manulife
Financial is committed to offering only the best products to its
clients. We are honored Manulife Financial will use their strong
fixed-income insurance products with our Stock to Cash program."

Manulife Financial is a leading Canadian-based financial services
company operating in 15 countries and territories worldwide. Through
its extensive network of employees, agents, distribution partners,
and concept providers such as Emerging Money Corporation with its
innovative Stock to Cash® program, Manulife Financial continues to
offer their clients a diverse range of financial protection products
and wealth management services. Funds under management by Manulife
Financial (Manulife Financial Corporation and its affiliated
companies) were Cdn$134.6 billion on September 30, 2001.

Manulife Financial Corporation trades as 'MFC' on the TSE, NYSE and
PSE, and under `0945' on the SEHK. Manulife Financial can be
found on the Internet at www.manulife.com, and Emerging Money
Corporation at www.emergingmoney.com.

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