BOSTON, Dec. 1 /PRNewswire-FirstCall/ -- Nine John Hancock closed-end funds declared their monthly dividends and capital gain distributions today as follows: Declaration Date: December 1, 2006 Ex Date: December 7, 2006 Record Date: December 11, 2006 Payable Date: December 29, 2006 Change Annualized from Short-Term Long-Term Yield at Previous Capital Capital Ticker Fund Name Dividend Market* Month Gain Gain PDF Patriot $0.0390 5.20 % - - - Premium Dividend Fund I PDT Patriot $0.0480 5.07 % - - - Premium Dividend Fund II DIV Patriot $0.0560 5.01 % - - - Select Dividend Trust PGD Patriot $0.0590 5.45 % - - - Global Dividend Fund PPF Patriot $0.0720 6.38 % - - - Preferred Dividend Fund HPI Preferred $0.1550 7.34 % - $0.10281 $0.10878 Income Fund HPF Preferred $0.1550 7.32 % - $0.39096 $0.04294 Income Fund II HPS Preferred $0.1320 7.04 % - $0.00000 $0.07170 Income Fund III HTD Tax- $0.0967 5.82 % - $0.15753 $0.37456 Advantaged Dividend Income Fund 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 September 30, 2006, investors entrusted John Hancock Funds with $50.7 billion in assets. Additional information about John Hancock Funds can be found on the website: http://www.jhfunds.com/. About John Hancock and Manulife Financial John Hancock 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$381 billion (US$341 billion) as at September 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/. 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 universal life insurance, variable life, term life and whole life, as well as college savings products, fixed and variable annuities, long-term care insurance, mutual funds, 401(k) plans and various forms of business insurance. *Based on November 30, 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 Web site: http://www.jhfunds.com/ http://www.manulife.com/

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