PPF Hancock John Patriot Pfd Div

John Hancock Patriot Preferred Dividend Fund Declares Monthly Dividend BOSTON, April 28 /PRNewswire-FirstCall/ -- John Hancock Patriot Preferred Dividend Fund declared its regular monthly dividend today as follows: Declaration Date: April 28, 2004 Ex Date: May 6, 2004 Record Date: May 10, 2004 Payment Date: May 28, 2004 Dividend Amount: $0.0720 This dividend equates to an annualized yield of 7.08 percent, based on the fund's closing market price as of April 27, 2004. John Hancock Advisers, LLC, a premier investment management company, managed $29.3 billion in open-end funds, closed-end funds, private accounts and retirement plans for individual and institutional investors as of December 31, 2003. John Hancock Advisers, LLC is a wholly owned subsidiary of John Hancock Financial Services, Inc. (NYSE:JHF). John Hancock and its affiliated companies provide a broad array of insurance and investment products and services to retail and institutional customers. As of December 31, 2003, John Hancock Financial Services and its subsidiaries had total assets under management of $142.5 billion. DATASOURCE: John Hancock Patriot Preferred Dividend Fund CONTACT: Media Contact: Kimberley Dietrich of John Hancock, +1-617-375-0311, or Investor Contact: +1-800-843-0090

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