JOHN HANCOCK AWARDS JPMORGAN $30 BILLION CUSTODY MANDATE

New York, April 26, 2004 - Building on the firm's existing relationship with John Hancock Financial Services, JPMorgan Investor Services (JPMIS) was selected as custodian for $30 billion in general account assets.

John Hancock Financial Services is one of the largest insurance and financial services companies in the US, offering a broad array of financial products and services to retail and institutional customers. Thanks to the firm's consistent delivery of impeccable service quality, JPMorgan's long-standing relationship with John Hancock Financial Services has grown to include credit, distribution, cash management and custody.

Says Mary Kay Orr, Global & North American Client Management Executive of JPMorgan Investor Services, "We are particularly pleased with this appointment by John Hancock Financial Services as it solidifies our position as a leading custody services provider in the insurance industry."

For further information please contact:
Stefanie Davidson
+44 (0)20 7325 5755
Alison Gilmore
+1 718 242 5063

Become a bobsguide member to access the following

1. Unrestricted access to bobsguide
2. Send a proposal request
3. Insights delivered daily to your inbox
4. Career development