John Hancock Closed-end Funds Declare Monthly Dividends

BOSTON, Dec. 1  /PRNewswire-FirstCall/ -- Nine John Hancock closed-end funds declared their monthly dividends today as follows:

  Declaration Date:    December 1, 2005
  Ex Date:             December 8, 2005
  Record Date:         December 12, 2005
  Payment Date:        December 30, 2005

                                                              Annualized
 Ticker    Fund Name                               Amount  Yield at Market*

  PDF      Patriot Premium Dividend Fund I        $0.0460      6.76%
  PDT      Patriot Premium Dividend Fund II       $0.0570      6.57%
  DIV      Patriot Select Dividend Trust          $0.0660      6.58%
  PGD      Patriot Global Dividend Fund           $0.0690      7.14%
  PPF      Patriot Preferred Dividend Fund        $0.0720      6.69%
  HPI      Preferred Income Fund                  $0.1550      8.76%
  HPF      Preferred Income Fund II               $0.1550      8.76%
  HPS      Preferred Income Fund III              $0.1480      8.96%
  HTD      Tax-Advantaged Dividend Income Fund     $0.096     76.89%



John Hancock Funds manages more than $34.0 billion in open-end funds, closed-end funds, private accounts, retirement plans and related party assets for individual and institutional investors as of September 30, 2005. Additional information about the company can be found on the website: 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 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. Funds under management by Manulife Financial and its subsidiaries were Cdn$360 billion (US$310 billion) as of September 30, 2005.

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/.

* Based on November 30, 2005 closing market price. 

Website:  http://www.jhfunds.com

               http://www.manulife.com 

DATASOURCE: John Hancock Funds



CONTACT:  Kimberley Dietrich [phone] or Investors:

[phone] both of John Hancock 

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