THE CORPORATE LIBRARY

Related Party Transactions and Outside Related Director Information

John Hancock Financial Services, Inc. (Retired) (JHF.X)

The Company uses, among other law firms, Hale and Dorr LLP ("Hale and Dorr") and Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, PC ("Mintz Levin"), for legal services. Mr. R. Robert Popeo, a director, is a member and Chairman of Mintz Levin. Mr. Robert E. Fast, a director, is Of Counsel to Hale and Dorr, but retired from the firm as a Senior Partner in 2002, and no longer participates as such in the firm's profits or management.

Mr. Edward H. Linde, one of the Company's directors, is the Chief Executive Officer and a director of Boston Properties, Inc., which in 1997 assumed a $150 million mortgage loan made in the ordinary course of business by John Hancock Life Insurance Company in 1995. The loan, which has been repaid, was secured by commercial real estate located in New York City owned by Boston Properties, and bore interest at a fixed annual rate of 8.75%. The largest amount outstanding under such loan from January 1, 2002 to the date of repayment was $147,745,089.

Ms. Judith A. McHale, one of the Company's directors, is the Chief Operating Officer and President of Discovery Communications, Inc. ("Discovery"). Discovery is the obligor on $50 million of a series of 8.37% senior unsecured notes (part of a total issuance of notes in 2001 by Discovery of $700 million) held in the ordinary course of business by John Hancock Life Insurance Company, for itself and for its affiliates and managed accounts. As of February 28, 2003, the total amount outstanding under such notes held by John Hancock Life Insurance Company was $46,789,088. The largest amount outstanding under such notes from January 1, 2002 to February 28, 2003 was $46,872,788.