BOSTON, Feb. 2 /PRNewswire-FirstCall/ -- Four John Hancock closed-end funds declared their monthly distributions today as follows: Declaration Date: February 2, 2009 Ex Date: February 10, 2009 Record Date: February 12, 2009 Payment Date: February 27, 2009 Annualized Yield at Rate Change from Ticker Fund Name Amount Market* Previous Month PDT Patriot Premium Dividend Fund II $0.0550 9.31% - HPI Preferred Income Fund $0.1550 12.39% - HPF Preferred Income Fund II $0.1550 13.67% - HPS Preferred Income Fund III $0.1320 13.39% - About John Hancock Funds The Boston-based mutual fund business unit of John Hancock Financial, John Hancock Funds manages more than $47.9 billion in open-end funds, closed-end funds, private accounts, retirement plans and related party assets for individual and institutional investors at September 30, 2008. John Hancock Funds are distributed by John Hancock Funds, LLC, member FINRA | SIPC. For more information, please visit http://www.jhfunds.com/. About John Hancock Financial and Manulife Financial Corporation John Hancock Financial is a unit of Manulife Financial Corporation (the Company), a leading Canadian-based financial services group serving millions of customers in 19 countries and territories worldwide. Operating as Manulife Financial in Canada and in most of Asia, and primarily as 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$385 billion (US$364 billion) as at September 30, 2008. Manulife Financial Corporation trades as 'MFC' on the TSX, NYSE and PSE, and under '0945' on the SEHK. Manulife Financial can be found on the Internet at http://www.manulife.com/. The John Hancock unit, through its insurance companies, comprises one of the largest life insurers in the United States. John Hancock offers a broad range of financial products and services, including life insurance, fixed and variable annuities, fixed products, mutual funds, 401(k) plans, long-term care insurance, college savings, and other forms of business insurance. Additional information about John Hancock may be found at http://www.johnhancock.com/. *Based on January 30, 2009 closing market price DATASOURCE: John Hancock Advisers, LLC CONTACT: Media: Kimberley Dietrich, +1-617-663-4217, Investors; +1-800-843-0090 Web Site: http://www.jhfunds.com/

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