com.
For advisors, enhancements to PE-VUL's illustration system make it
simpler to show clients how the long-term performance option , coupled
with selection of a level death benefit, can potentially provide
income. has two
principal operating subsidiaries, Phoenix Life Insurance Company and
Phoenix Investment Partners, Ltd.

collar 1868

30%
PPF Patriot Preferred Dividend Fund $0. Operating as Manulife Financial in Canada
and most of 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. The
long-term option can help fund needs such as retirement income and
long-term care, while offering a traditional death benefit. In
addition , standard non-smoker and sub-standard risk classes will
benefit from lowered rates on the PE-VUL base contract, as well as
lower rates for an optional term rider that offers annually renewable
term coverage to age 100.
The new rates are available for all PE-VUL cases with an
application date on or after March 5, 2005.

annuity annuities

92%
PDT Patriot Premium Dividend Fund II $0.1550 7. Founded in
1862, John Hancock Financial Services and its subsidiaries today offer a broad
range of financial products and services, including whole, term, variable, and
universal life insurance , as well as college savings products, mutual funds,
fixed and variable annuities, long-term care insurance and various forms of
business insurance.

401 1868

jhfunds. (NYSE:PNX) today announced enhancements to its
flagship variable universal life product, Phoenix Edge(R)-VUL
(PE-VUL), offering lower mortality and expense charges, lower rates
for many risk classes and improvements to the product 's advisor
illustration system. is a leading manufacturer of life
insurance, annuity and asset management products for the accumulation,
preservation and transfer of wealth.

philanthropic employed

93%
HPF Preferred Income Fund II $0.

Your clients should consider the investment objectives , risks,
charges and expenses of the variable insurance policy and underlying
fund options carefully before investing.

immediate deferred

com.

The Phoenix Companies, Inc.com or call 1-800-417-4769.

annuities scenarios

John Hancock Closed -End Funds Declare Monthly Dividends

22%
HPI Preferred Income Fund $0.

affluent mutual

0750 6. John Hancock offers a broad
range of financial products and services, including whole life, term life,
variable life, and universal life insurance, as well as college savings
products , fixed and variable annuities, long-term care insurance, mutual funds
and various forms of business insurance.PhoenixWealthManagement.

treaty wealth

collar 401

0460 5.38%
DIV Patriot Select Dividend Trust $0.17%

John Hancock Funds, a premier investment management company, managed more
than $30.----The Phoenix
Companies, Inc.
PE-VUL will now offer lower mortality and expense rates for
clients who elect a long-term performance option at purchase.

scenarios collar

BOSTON, Nine John Hancock closed-end
funds declared their monthly dividends today as follows:

Declaration Date: August 1, 2005
Ex Date: August 9, 2005
Record Date: August 11, 2005
Payable Date: August 31, 2005

Annualized
Ticker Fund Name Amount Yield at Market*
PDF Patriot Premium Dividend Fund I $0. Funds under management by Manulife Financial and
its subsidiaries were Cdn$350 billion (US$290 billion) as of March 31, 2005. With a
history dating back to 1851, The Phoenix Companies, Inc.

affluent oneamerica

6 billion in open-end funds, closed-end funds , private accounts,
retirement plans and related party assets for individual and institutional
investors as of March 31, 2005. The enhancements to PE-VUL address this need
and make it easier for advisors to illustrate future income scenarios
to the affluent, including business owners and senior corporate
executives," said Robert E.

401 mutual

0690 6.86%
HPS Preferred Income Fund III $0.90%
HTD Tax-Advantaged Dividend Income Fund $0.
John Hancock is a unit of Manulife Financial Corporation, a leading
Canadian-based financial services group serving millions of customers in 19
countries and territories worldwide. Manulife Financial can be found on the Internet at
http://www.
The John Hancock unit, through its insurance companies, comprises one of
the largest life insurers in the United States. The prospectuses contain this
and other information.

pyramid annuity

* Based on the July 29, 2005 closing market price.

immediate indemnity

, a subsidiary of Manulife Financial Corporation .

franchises marianas

franchises deferred

Phoenix Announces Enhancements to Variable Universal Life Product; Phoenix Edge-VUL to Offer Lower Rates for Income Planning

"This type of illustration shows clients how they can use PE-VUL's
flexible death benefit option if their income needs change in the
future," said Primmer. The company also offers private
placement insurance products through Philadelphia Financial Group, a
wholly owned subsidiary.

deferred scenarios

Phoenix has corporate offices in Hartford,
Connecticut. For more information on Phoenix , visit
www.

philanthropic wealth

1550 7.com

Phoenix Edge-VUL (Policy Form V613) is issued by PHL Variable
Insurance Company (PHLVIC) (Hartford, CT).PhoenixWealthManagement.

principally deferred

0650 6.

collar expense

51%
PGD Patriot Global Dividend Fund $0.1480 7. Additional information about the company can
be found on the website: http://www.
John Hancock Funds is a wholly owned subsidiary of John Hancock Financial
Services, Inc.

Business Editors/Insurance Writers

HARTFORD, Conn. Please have
your clients read the prospectuses carefully before they invest or
send money .

pharmacists medicare

0720 6.
Manulife Financial Corporation trades as 'MFC' on the TSX, NYSE and PSE, and
under '0945' on the SEHK.manulife.
"According to Phoenix's annual Wealth Survey, 69 percent of the
high net worth say assuring a comfortable retirement is their most
important financial goal. Primmer, senior vice president, Phoenix
Life Distribution and Sales. To obtain either a life insurance product
prospectus or the underlying fund prospectuses, visit
www.

collar wealth

0967 6. Through a variety of advisors and
financial services firms, the company provides products and services
to affluent and high -net-worth individuals and to institutions.

1868 collar

pharmacists pyramid

PHLVIC is not authorized to
conduct business in NY and ME. Variable products distributed by
Phoenix Equity Planning Corporation, 56 Prospect Street , Hartford, CT
06115.