JHFT John Hancock Financial Trends Fund - Closed End Fund (MM)

John Hancock Financial Trends Fund, Inc. announces income Dividend BOSTON, Aug. 3 /PRNewswire-FirstCall/ -- John Hancock Financial Trends Fund (NASDAQ:JHFT) announced today that the fund will pay an income dividend as follows: Declaration Date: August 3, 2004 Ex Date: August 11, 2004 Record Date: August 13, 2004 Payable Date: August 20, 2004 Dividend Amount: $0.10000 John Hancock Financial Trends Fund, Inc. is a diversified, closed-end fund. The Fund's primary investment objective is long-term capital appreciation. Its secondary investment objective is current income. The Fund will seek to achieve its primary investment objective of long-term capital appreciation by investing at least 80% of its assets in stocks of U.S. and foreign financial services companies of any size. These companies will include banks, thrifts, finance companies, brokerage and advisory firms, real estate- related firms, insurance companies and financial holding companies. John Hancock Funds, a premier investment management company, managed $30.2 billion in open-end funds, closed-end funds, private accounts and retirement plans for individual and institutional investors as of March 31, 2004. Additional information about John Hancock Funds can be found at http://www.jhfunds.com/. John Hancock Funds is a wholly owned subsidiary of John Hancock Financial Services, Inc., a subsidiary of Manulife Financial Corporation. 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. 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 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. Pro forma funds under management by Manulife Financial and its subsidiaries were Cdn$356 billion (US$272 billion) as at March 31, 2004. 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/. DATASOURCE: John Hancock Financial Trends Fund, Inc. CONTACT: Kimberley Dietrich, +1-617-375-0311, or Investors: +1-800-843- 0090, both of John Hancock x

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