Manulife Financial Corp. has extended its voluntary small shareholder sales program through which shareholders owning odd lots of fewer than 100 shares of Manulife common stock may elect to sell all of their shares.

Participating shareholders will receive the weighted average price of shares sold through the program on the New York Stock Exchange open market during the week in which their shares are sold, less applicable program fees.

The program began on February 5, 2008 in North America and will now expire at 17:00 ET on May 29. The program has also been offered to odd-lot shareholders in Hong Kong and the Philippines from February 11 to May 29.

Manulife’s U.S. transfer agent, BNY Mellon Shareowner Services, is managing the program with all sales being made through NYSE. Canadian account holders will receive their proceeds in Canadian dollars while all other account holders will receive proceeds in U.S. dollars.