JHFT John Hancock Financial Trends Fund - Closed End Fund (MM)

BOSTON, July 24 /PRNewswire-FirstCall/ -- John Hancock Financial Trends Fund (NASDAQ:JHFT) announced today that the fund will pay an income dividend and capital gain distributions as follows: Declaration Date: July 23, 2007 Ex Date: July 31, 2007 Record Date: August 2, 2007 Payable Date: August 9, 2007 Source of Distribution Per Share Dividend Income $0.14000 Short-Term Capital Gain $0.05286 Long-Term Capital Gain $0.14379 Total Distribution $0.33665 John Hancock Financial Trends Fund is a diversified, closed-end fund. The Fund seeks long-term capital appreciation with current income as a secondary objective by investing at least 80% of its assets in stocks of U.S. and foreign financial services companies of any size. The Boston-based mutual fund business unit of John Hancock Financial Services, John Hancock Funds manages more than $56 billion in open-end funds, closed-end funds, private accounts, retirement plans and related party assets for individual and institutional investors at March 31, 2007. For more information, please visit http://www.jhfunds.com/ . About Manulife Financial and John Hancock John Hancock Financial Services is a unit of Manulife Financial Corporation, a leading Canadian-based financial services group serving millions of customers in 19 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$426 billion (US$370 billion) at March 31, 2007. Manulife Financial Corporation trades as 'MFC' on the TSX, NYSE and PSE, and under '0945' on the SEHK. Manulife Financial may be found on the Internet at http://www.manulife.com/ . DATASOURCE: John Hancock Advisers, LLC CONTACT: Kimberley Dietrich of John Hancock Advisers, LLC, +1-617-663-4217, or Investors, +1-800-843-0090

Copyright