BOSTON, Sept. 1 /PRNewswire-FirstCall/ -- Nine John Hancock closed-end funds declared their monthly dividends today as follows: Declaration Date: September 1, 2006 Ex Date: September 7, 2006 Record Date: September 11, 2006 Payable Date: September 29, 2006 Annualized Change from Ticker Fund Name Amount Yield Previous at Market* Month PDF Patriot Premium Dividend Fund I $0.0390 5.48% - PDT Patriot Premium Dividend Fund II $0.0480 5.26% - DIV Patriot Select Dividend Trust $0.0560 5.32% - PGD Patriot Global Dividend Fund $0.0590 5.80% - PPF Patriot Preferred Dividend Fund $0.0720 6.64% - HPI Preferred Income Fund $0.1550 7.73% - HPF Preferred Income Fund II $0.1550 7.82% - HPS Preferred Income Fund III $0.1320 7.33% - HTD Tax-Advantaged Dividend Income Fund $0.0967 6.22% - John Hancock Funds, the mutual fund business unit of John Hancock Financial Services, offers a broad array of investment products, including open-end and closed-end funds, privately managed accounts, 529 plans and retirement accounts to retail and institutional investors. As of June 30, 2006, investors entrusted John Hancock Funds with $47.5 billion in assets. Additional information about John Hancock Funds can be found on the website: http://www.jhfunds.com/. About Manulife Financial Manulife Financial is 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$370 billion (US$332 billion) as at June 30, 2006. 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/. * Based on August 31, 2006 closing market price DATASOURCE: John Hancock Funds CONTACT: Kimberley Dietrich +1-617-663-4217 or Investors: +1-800-843-0090 both of John Hancock, both of John Hancock

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