BOSTON, Aug. 1 /PRNewswire-FirstCall/ -- Six John Hancock closed-end funds declared their monthly dividends today as follows: Declaration Date: August 1, 2007 Ex Date: August 9, 2007 Record Date: August 13, 2007 Payable Date: August 31, 2007 Change Annualized from Yield at previous Ticker Fund name Amount Market* month PDT Patriot Premium Dividend Fund II $0.0480 5.44% - DIV Patriot Select Dividend Trust $0.0560 5.32% - HPI Preferred Income Fund $0.1550 8.19% - HPF Preferred Income Fund II $0.1550 8.22% - HPS Preferred Income Fund III $0.1320 7.90% - HTD Tax-Advantaged Dividend Income Fund $0.0967 6.23% - The Boston-based mutual fund business unit of John Hancock Financial Services John Hancock Funds manages more than $56 billion in open-end funds, closed-end funds, private accounts, retirement plans and related party assets for individual and institutional investors at March 31, 2007. For more information, please visit http://www.jhfunds.com/. About Manulife Financial and John Hancock John Hancock Financial Services is a unit of Manulife Financial Corporation, 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$426 billion (US$370 billion) at March 31, 2007. Manulife Financial Corporation trades as 'MFC' on the TSX, NYSE and PSE, and under '0945' on the SEHK. Manulife Financial may be found on the Internet at http://www.manulife.com/. *Based on July 31, 2007 closing market price DATASOURCE: John Hancock Financial Services CONTACT: Media, Kimberley Dietrich, +1-617-663-4217, or Investors, +1-800-843-0090, both of John Hancock

Copyright