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<SEC-DOCUMENT>0000950123-10-108768.txt : 20101124
<SEC-HEADER>0000950123-10-108768.hdr.sgml : 20101124
<ACCEPTANCE-DATETIME>20101124164848
ACCESSION NUMBER:		0000950123-10-108768
CONFORMED SUBMISSION TYPE:	DEF 14A
PUBLIC DOCUMENT COUNT:		7
CONFORMED PERIOD OF REPORT:	20110121
FILED AS OF DATE:		20101124
DATE AS OF CHANGE:		20101124
EFFECTIVENESS DATE:		20101124

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			HANCOCK JOHN INVESTORS TRUST
		CENTRAL INDEX KEY:			0000759828
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		DEF 14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-04173
		FILM NUMBER:		101215502

	BUSINESS ADDRESS:	
		STREET 1:		C/O JOHN HANCOCK FUNDS
		STREET 2:		601 CONGRESS STREET
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02210
		BUSINESS PHONE:		617-663-3000

	MAIL ADDRESS:	
		STREET 1:		C/O JOHN HANCOCK FUNDS
		STREET 2:		601 CONGRESS STREET
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02210
</SEC-HEADER>
<DOCUMENT>
<TYPE>DEF 14A
<SEQUENCE>1
<FILENAME>b83411a1def14a.htm
<DESCRIPTION>JOHN HANCOCK INVESTORS TRUST
<TEXT>
<HTML>
<HEAD>
<TITLE>def14a</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
<!-- PAGEBREAK -->
<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="center" style="font-size: 14pt; margin-top: 12pt"><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION</B>
</DIV>

<DIV align="center" style="font-size: 12pt"><B>WASHINGTON, D.C. 20549</B>
</DIV>


<DIV align="center" style="font-size: 18pt; margin-top: 12pt"><B>SCHEDULE 14A</B>
</DIV>

<DIV align="center" style="font-size: 12pt; margin-top: 12pt"><B>PROXY STATEMENT PURSUANT TO SECTION 14(a) OF THE SECURITIES<BR>
EXCHANGE ACT OF 1934 (Amendment No. &#95;&#95;&#95;&#95;&#95;&#95;)</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Filed by the Registrant <FONT style="font-family: Wingdings">&#254;</FONT><BR>
Filed by a Party other than the Registrant <FONT style="font-family: Wingdings">&#111;</FONT>

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Check the appropriate box:
</DIV>


<DIV style="margin-top: 0pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left"><FONT style="font-family: Wingdings">&#111;</FONT></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Preliminary Proxy Statement</TD>
</TR>

<TR>
    <TD style="font-size: 0pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left"><FONT style="font-family: Wingdings">&#111;</FONT></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Confidential, for Use of the Commission Only (as permitted by Rule&nbsp;14a-6(e)(2))</TD>
</TR>

<TR>
    <TD style="font-size: 0pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left"><FONT style="font-family: Wingdings">&#254;</FONT></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Definitive Proxy Statement</TD>
</TR>

<TR>
    <TD style="font-size: 0pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left"><FONT style="font-family: Wingdings">&#254;</FONT></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Definitive Additional Materials</TD>
</TR>

<TR>
    <TD style="font-size: 0pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left"><FONT style="font-family: Wingdings">&#111;</FONT></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Soliciting Material Under &#167;240.14a-12</TD>
</TR>

</TABLE>
</DIV>

<DIV align="center" style="font-size: 18pt; margin-top: 12pt"><B>JOHN HANCOCK INVESTORS TRUST</B>
</DIV>

<DIV align="center" style="font-size: 10pt">
(Name of Registrant as Specified in Its Charter)</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt">(Name of Person(s) Filing Proxy Statement, if other than the Registrant)</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Payment of Filing Fee (Check the appropriate box):
</DIV>


<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left"><FONT style="font-family: Wingdings">&#254;</FONT></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No fee required.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left"><FONT style="font-family: Wingdings">&#111;</FONT></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Fee computed on table below per Exchange Act Rules&nbsp;14a-6(i)(1) and 0-11.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">1)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Title of each class of securities to which transaction applies:</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">2)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Aggregate number of securities to which transaction applies:</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">3)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Per unit price or other underlying value of transaction computed pursuant to Exchange Act
Rule&nbsp;0-11 (set forth the amount on which the filing fee is calculated and state how it was
determined):</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">4)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Proposed maximum aggregate value of transaction:</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">5)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Total fee paid:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left"><FONT style="font-family: Wingdings">&#111;</FONT></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Fee paid previously with preliminary materials:</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left"><FONT style="font-family: Wingdings">&#111;</FONT></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Check box if any part of the fee is offset as provided by Exchange Act
Rule&nbsp;0-11(a)(2) and identify the filing for which the offsetting fee
was paid previously. Identify the previous filing by registration
statement number, or the Form or Schedule and the date of its filing.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">1)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Amount Previously Paid:</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">2)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Form, Schedule or Registration Statement No.:</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">3)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Filing Party:</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">4)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Date Filed:</TD>
</TR>


</TABLE>
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

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<DIV style="width: 87%; margin-left: 6%"><!-- BEGIN PAGE WIDTH -->
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<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <IMG src="b83411a1b8341101.gif" alt="(JOHN HANCOCK LOGO)">
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="right" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    November&#160;30, 2010
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <FONT style="font-family: 'Times New Roman', Times">John Hancock
    Investors Trust<BR>
    John Hancock Income Securities Trust
    </FONT>
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    Dear Shareholder:
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>



<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    As a shareholder in one or both of the funds listed above, you
    are cordially invited to attend the annual shareholder meeting
    on Friday, January&#160;21, 2011, at
    2:00&#160;<FONT style="font-variant: SMALL-CAPS">p.m.</FONT>,
    Eastern Time, to be held at the offices of John&#160;Hancock
    Funds, 601 Congress Street, Boston, Massachusetts 02210.
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: 'Times New Roman', Times">Elect
    your fund&#146;s Board of Trustees</FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    The enclosed proxy statement includes a proposal to elect eleven
    Trustees to serve until their respective successors are elected
    and qualified. Each of the nominees currently serves as a John
    Hancock Fund&#160;Trustee, and nine of the eleven nominees are
    independent of John Hancock management, including Patti McGill
    Peterson, the Chairperson of the Board. Your proxy statement
    includes a brief description of each nominee&#146;s background.
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: 'Times New Roman', Times">Your vote
    is important!</FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    I encourage you to exercise your rights as a shareholder by
    reviewing the enclosed proxy statement and then voting your
    shares either through the Internet, by telephone or by mail. If
    you choose to vote by mail, please complete the enclosed proxy
    ballot form, sign it and mail it to us immediately in the
    enclosed postage-paid return envelope. Your prompt response will
    help avoid the cost of additional mailings at your fund&#146;s
    expense.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    If you have any questions, please call
    <FONT style="white-space: nowrap">1-800-852-0218,</FONT>
    Monday through Friday, between
    9:00&#160;<FONT style="font-variant: SMALL-CAPS">a.m.</FONT> and
    7:00&#160;<FONT style="font-variant: SMALL-CAPS">p.m.</FONT>,
    Eastern Time.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    Thank you in advance for your prompt action on this very
    important matter.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 59%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    Sincerely,
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 59%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">

</DIV>

<DIV align="left" style="margin-left: 59%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    /s/ Keith F. Hartstein
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 59%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    Keith F. Hartstein
</DIV>

<DIV align="left" style="margin-left: 59%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    President and Chief Executive Officer
</DIV>
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<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: 'Times New Roman', Times">JOHN
    HANCOCK INVESTORS TRUST<BR>
    JOHN HANCOCK INCOME SECURITIES TRUST<BR>
    601 Congress Street, Boston, Massachusetts 02210</FONT></B>
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>



<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: 'Times New Roman', Times">NOTICE OF
    ANNUAL MEETING OF SHAREHOLDERS<BR>
    To Be Held on January&#160;21, 2011</FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <B>This is the formal agenda for your fund&#146;s shareholder
    meeting. It tells you what matters will be voted on and the time
    and place of the meeting, should you want to attend in
    person.</B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    To the shareholders of the funds listed above:
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    A shareholder meeting for each fund will be held at 601 Congress
    Street, Boston, Massachusetts 02210, on Friday, January&#160;21,
    2011, at
    2:00&#160;<FONT style="font-variant: SMALL-CAPS">p.m.</FONT>,
    Eastern Time, for the following purposes:
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="4%"></TD>
    <TD width="4%"></TD>
    <TD width="92%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <TD>&nbsp;</TD>
    <TD>    (1)&#160;
</TD>
    <TD align="left">
    To elect eleven (11)&#160;Trustees to serve until their
    respective successors have been duly elected and qualified.
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <TD>&nbsp;</TD>
    <TD>    (2)&#160;
</TD>
    <TD align="left">
    To transact such other business as may properly come before the
    meeting or any adjournment of the meeting.
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: 'Times New Roman', Times">Your
    Trustees recommend that you vote in favor of the
    proposal.</FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    Shareholders of record of each fund as of the close of business
    on November&#160;8, 2010 are entitled to notice of, and to vote
    at, the fund&#146;s annual meeting and at any adjournment
    thereof. The proxy statement and proxy card are being mailed to
    shareholders on or about November&#160;30, 2010.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <B><I>Whether or not you expect to attend the meeting, please
    complete and return the enclosed proxy card in the accompanying
    envelope. No postage is necessary if mailed in the United
    States.</I></B>
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>



<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: 'Times New Roman', Times">Important
    Notice Regarding the Availability of Proxy Materials for<BR>
    the Shareholder Meeting to Be Held on January&#160;21,
    2011.</FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: 'Times New Roman', Times">The proxy
    statement is available at:
    <FONT style="white-space: nowrap">http://bnymellon.mobular.net/bnymellon/jhf2</FONT></FONT></B>
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 59%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    By order of the Board of Trustees,
</DIV>

<DIV align="left" style="margin-left: 59%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    Thomas M. Kinzler
</DIV>

<DIV align="left" style="margin-left: 59%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    Secretary
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    November&#160;30, 2010
</DIV>
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<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: 'Times New Roman', Times">JOHN
    HANCOCK INVESTORS TRUST<BR>
    JOHN HANCOCK INCOME SECURITIES TRUST<BR>
    601 Congress Street, Boston, Massachusetts 02210</FONT></B>
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>



<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: 'Times New Roman', Times">ANNUAL
    MEETING OF SHAREHOLDERS<BR>
    To Be Held on January&#160;21, 2011</FONT></B>
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>



<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: 'Times New Roman', Times">PROXY
    STATEMENT</FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    This proxy statement contains the information you should know
    before voting on the proposal described in the notice.
    <B><I>Each fund will furnish, without charge, a copy of its
    Annual Report
    <FONT style="white-space: nowrap">and/or</FONT>
    Semiannual Report to any shareholder upon request. If you would
    like a copy of your fund&#146;s report, please send a written
    request to the attention of the fund at 601 Congress Street,
    Boston, Massachusetts 02210 or call John Hancock Funds at
    <FONT style="white-space: nowrap">1-800-892-9552.</FONT></I></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    This proxy statement is being used in connection with the
    solicitation of proxies by the Board of Trustees at the annual
    meeting of each of John Hancock Investors Trust
    (&#147;Investors&#148;) and John Hancock Income Securities Trust
    (&#147;Income Securities&#148;). The meeting will be held at 601
    Congress Street, Boston, Massachusetts, on Friday,
    January&#160;21, 2011, at
    2:00&#160;<FONT style="font-variant: SMALL-CAPS">p.m.</FONT>,
    Eastern Time. Shareholders of each fund are being asked to vote
    on the proposal to elect Trustees.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    If you sign the enclosed proxy card and return it in time to be
    voted at the meeting, your shares will be voted in accordance
    with your instructions. Signed proxies with no instructions will
    be voted FOR the proposal. If you wish to revoke your proxy, you
    may do so before it is exercised at the meeting by filing a
    written notice of revocation with the fund at 601 Congress
    Street, Boston, Massachusetts 02210, by returning a signed proxy
    with a later date before the meeting or, if attending the
    meeting and voting in person, by notifying your fund&#146;s
    secretary (without complying with any formalities) at any time
    before your proxy is voted.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    Although the annual meetings of the funds are being held jointly
    and proxies are being solicited through the use of this joint
    proxy statement, shareholders of each fund will vote separately
    as to the proposal.
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: 'Times New Roman', Times">Record
    Ownership</FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    The Trustees of each fund have fixed the close of business on
    November&#160;8, 2010 as the record date to determine which
    shareholders are entitled to vote at the meeting. Shareholders
    of each fund are entitled to one vote per share on all business
    of the meeting or any adjournment of the meeting relating to
    their fund. On the record date, the following number of shares
    of beneficial interest of each fund were outstanding:
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
<!-- Table Width Row BEGIN -->
<TR style="font-size: 1pt" valign="bottom">
    <TD width="16%">&nbsp;</TD>	<!-- colindex=01 type=maindata -->
    <TD width="74%">&nbsp;</TD>	<!-- colindex=02 type=gutter -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=02 type=lead -->
    <TD width="8%" align="right">&nbsp;</TD>	<!-- colindex=02 type=body -->
    <TD width="1%" align="left">&nbsp;</TD>	<!-- colindex=02 type=hang1 -->
</TR>
<!-- Table Width Row END -->
<!-- TableOutputHead -->
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="left" valign="bottom">
    <B>Fund</B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="left" valign="bottom">
    <B>Shares</B>
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt" valign="bottom" align="center">
<TD colspan="4" align="left" valign="bottom" style="font-size: 1pt; border-bottom: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR style="line-height: 3pt; font-size: 1pt">
<TD>&nbsp;
</TD>
</TR>
<!-- TableOutputBody -->
<TR valign="bottom">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -10pt; margin-left: 10pt">
    Investors
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    8,498,607
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -10pt; margin-left: 10pt">
    Income Securities
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    11,559,635
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
</TABLE>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">

</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    To the best knowledge of Income Securities, SIT Investment
    Associates, Inc., 3300 IDS Center, 80 South Eighth Street,
    Minneapolis, Minnesota 55402, reported ownership of 5.53% of
    Income Securities&#146; shares as of September&#160;30, 2010.
    This information may be different as of the record date.
</DIV>
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<P align="center" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <BR>
    1
</DIV><!-- END PAGE WIDTH -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 87%; margin-left: 6%"><!-- BEGIN PAGE WIDTH -->
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<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: 'Times New Roman', Times">PROPOSAL</FONT></B>
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <B>ELECTION OF TRUSTEES</B>
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: 'Times New Roman', Times">General</FONT></B>
</DIV>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    Each fund&#146;s Board of Trustees consists of eleven members.
    Holders of the shares of each fund are entitled to elect eleven
    Trustees at this meeting. James F. Carlin, William H.
    Cunningham, Deborah C. Jackson, Charles L. Ladner, Stanley
    Martin, Patti McGill Peterson, Hugh McHaffie, John A. Moore,
    Steven R. Pruchansky, Gregory A. Russo and John G. Vrysen have
    been designated as subject to election by holders of the shares
    of each fund.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    As of the date of this proxy, each nominee for election
    currently serves as a Trustee of each fund. Using the enclosed
    proxy card, you may authorize the proxies to vote your shares
    for the nominees or you may withhold from the proxies authority
    to vote your shares for one or more of the nominees. If no
    contrary instructions are given, the proxies will vote FOR the
    nominees. Each of the nominees has consented to his or her
    nomination and has agreed to serve if elected. If, for any
    reason, any nominee should not be available for election or able
    to serve as a Trustee, the proxies will exercise their voting
    power in favor of such substitute nominee, if any, as the
    funds&#146; Trustees may designate. The funds have no reason to
    believe that it will be necessary to designate a substitute
    nominee.
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: 'Times New Roman', Times">Proposal</FONT></B>
</DIV>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    For each fund, Ms.&#160;Jackson, Ms.&#160;McGill Peterson and
    Messrs.&#160;Carlin, Cunningham, Ladner, Martin, McHaffie,
    Moore, Pruchansky, Russo and Vrysen are the current nominees for
    election by the shareholders.
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: 'Times New Roman', Times">Vote
    Required for the Proposal</FONT></B>
</DIV>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    The vote of a plurality of the votes cast by the shares of a
    fund is sufficient to elect the nominees to serve as Trustees of
    that fund.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <B>Each Board Recommends that Shareholders of Each Fund Vote
    &#147;FOR&#148; Each of the Eleven Nominees in the Proposal.</B>
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: 'Times New Roman', Times">Information
    Concerning Nominees</FONT></B>
</DIV>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    The following table sets forth certain information regarding the
    nominees for election to the Boards. The table also shows each
    nominee&#146;s principal occupation or employment and other
    directorships during the past five years and the number of John
    Hancock funds overseen by the current Trustees. There are
    currently eleven Trustees of each fund, nine of whom are not
    &#147;interested persons&#148; (as defined in the Investment
    Company Act of 1940, as amended (the &#147;1940 Act&#148;)) of
    the funds (&#147;Independent Trustees&#148;). The address of
    each nominee is 601 Congress Street, Boston, Massachusetts 02210.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: 'Times New Roman', Times">NOMINEES
    FOR ELECTION</FONT></B>
</DIV>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<TABLE border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
<!-- Table Width Row BEGIN -->
<TR style="font-size: 1pt" valign="bottom">
    <TD width="25%">&nbsp;</TD>	<!-- colindex=01 type=maindata -->
    <TD width="2%">&nbsp;</TD>	<!-- colindex=02 type=gutter -->
    <TD width="13%">&nbsp;</TD>	<!-- colindex=02 type=maindata -->
    <TD width="3%">&nbsp;</TD>	<!-- colindex=03 type=gutter -->
    <TD width="39%">&nbsp;</TD>	<!-- colindex=03 type=maindata -->
    <TD width="3%">&nbsp;</TD>	<!-- colindex=04 type=gutter -->
    <TD width="15%">&nbsp;</TD>	<!-- colindex=04 type=maindata -->
</TR>
<!-- Table Width Row END -->
<!-- TableOutputHead -->
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    <B>Number of <BR>
    </B>
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    <B>Funds in<BR>
    </B>
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    <B>Year<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    <B>John Hancock Fund<BR>
    </B>
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    <B>Commenced<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    <B>Complex <BR>
    </B>
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="left" valign="bottom">
    <B>Name, (Year of Birth)<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    <B>Service as<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    <B>Principal Occupation(s) and<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    <B>Overseen by<BR>
    </B>
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="left" valign="bottom">
    <B>and Position with the Fund</B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    <B>Trustee</B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    <B>Other Directorships During the Past Five Years</B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    <B>Trustee</B>
</TD>
</TR>
<TR style="font-size: 1pt" valign="bottom" align="center">
<TD colspan="7" align="center" valign="bottom" style="font-size: 1pt; border-bottom: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR style="line-height: 3pt; font-size: 1pt">
<TD>&nbsp;
</TD>
</TR>
<!-- TableOutputBody -->
<TR valign="bottom">
<TD align="left" valign="top">
    <B>Independent Trustees<BR>
    </B>James F. Carlin<BR>
    (1940)&#160;<BR>
    Trustee
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="top">
    2005
</TD>
<TD>
&nbsp;
</TD>
<TD align="left" valign="top">
    Chief Executive Officer, Director and Treasurer, Alpha
    Analytical Laboratories (environmental, chemical and
    pharmaceutical analysis) (since 1985); Part Owner and Treasurer,
    Lawrence Carlin Insurance Agency, Inc. (since 1995); Chairman
    and Chief Executive Officer, Carlin Consolidated, Inc.
    (management/investments) (since 1987).
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="top">
    47
</TD>
</TR>
</TABLE>
<!-- XBRL Pagebreak Begin -->

<P align="center" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <BR>
    2
</DIV><!-- END PAGE WIDTH -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 87%; margin-left: 6%"><!-- BEGIN PAGE WIDTH -->
<!-- XBRL Pagebreak End -->
<!-- XBRL Table Pagebreak -->

<TABLE border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
<!-- Table Width Row BEGIN -->
<TR style="font-size: 1pt" valign="bottom">
    <TD width="25%">&nbsp;</TD>	<!-- colindex=01 type=maindata -->
    <TD width="2%">&nbsp;</TD>	<!-- colindex=02 type=gutter -->
    <TD width="13%">&nbsp;</TD>	<!-- colindex=02 type=maindata -->
    <TD width="3%">&nbsp;</TD>	<!-- colindex=03 type=gutter -->
    <TD width="39%">&nbsp;</TD>	<!-- colindex=03 type=maindata -->
    <TD width="3%">&nbsp;</TD>	<!-- colindex=04 type=gutter -->
    <TD width="15%">&nbsp;</TD>	<!-- colindex=04 type=maindata -->
</TR>
<!-- Table Width Row END -->
<!-- TableOutputHead -->
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    <B>Number of <BR>
    </B>
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    <B>Funds in<BR>
    </B>
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    <B>Year<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    <B>John Hancock Fund<BR>
    </B>
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    <B>Commenced<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    <B>Complex <BR>
    </B>
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="left" valign="bottom">
    <B>Name, (Year of Birth)<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    <B>Service as<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    <B>Principal Occupation(s) and<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    <B>Overseen by<BR>
    </B>
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="left" valign="bottom">
    <B>and Position with the Fund</B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    <B> Trustee</B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    <B>Other Directorships During the Past Five Years</B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    <B>Trustee</B>
</TD>
</TR>
<TR style="font-size: 1pt" valign="bottom" align="center">
<TD colspan="7" align="center" valign="bottom" style="font-size: 1pt; border-bottom: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR style="line-height: 3pt; font-size: 1pt">
<TD>&nbsp;
</TD>
</TR>
<!-- TableOutputBody -->
<TR valign="bottom">
<TD align="left" valign="top">
    William H. Cunningham<BR>
    (1944)&#160;<BR>
    Trustee
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="top">
    2005
</TD>
<TD>
&nbsp;
</TD>
<TD align="left" valign="top">
    Professor, University of Texas, Austin, Texas (since 1971);
    former Chancellor, University of Texas System and former
    President of the University of Texas, Austin, Texas; Director of
    the following: LIN Television (since 2009); Lincoln National
    Corporation (insurance) (Chairman since 2009 and Director since
    2006); Resolute Energy Corporation (since 2009); Nanomedical
    Systems, Inc. (biotechnology company) (Chairman since 2008);
    Yorktown Technologies, LP (tropical fish) (Chairman since 2007);
    Greater Austin Crime Commission (since 2001); Southwest Airlines
    (since 2000); former Director of the following: Introgen
    (manufacturer of biopharmaceuticals) (until 2008); Hicks
    Acquisition Company&#160;I, Inc. (until 2007); Jefferson-Pilot
    Corporation (diversified life insurance company) (until 2006);
    and former Advisory Director, JP Morgan Chase Bank (formerly
    Texas Commerce Bank&#160;&#150; Austin) (until 2009).
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="top">
    47
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
    Deborah C. Jackson <BR>
    (1952)&#160;<BR>
    Trustee
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="top">
    2008
</TD>
<TD>
&nbsp;
</TD>
<TD align="left" valign="top">
    Chief Executive Officer, American Red Cross of Massachusetts Bay
    (since 2002); Board of Directors of Eastern Bank Corporation
    (since 2001); Board of Directors of Eastern Bank Charitable
    Foundation (since 2001); Board of Directors of American Student
    Assistance Corporation (1996-2009); Board of Directors of Boston
    Stock Exchange (2002&#160;&#150; 2008); Board of Directors of
    Harvard Pilgrim Healthcare (health benefits company) (since
    2007).
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="top">
    47
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
    Charles L. Ladner <BR>
    (1938)&#160;<BR>
    Trustee
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="top">
    2004
</TD>
<TD>
&nbsp;
</TD>
<TD align="left" valign="top">
    Chairman and Trustee, Dunwoody Village, Inc. (retirement
    services) (since 2008); Director, Philadelphia Archdiocesan
    Educational Fund (since 2009); Senior Vice President and Chief
    Financial Officer, UGI Corporation (public utility holding
    company) (retired 1998); Vice President and Director for
    AmeriGas, Inc. (retired 1998); Director of AmeriGas Partners,
    L.P. (gas distribution) (until 1997); Director, EnergyNorth,
    Inc. (until 1995); Director, Parks and History Association
    (Cooperating Association, National Park Service) (until 2005).
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="top">
    47
</TD>
</TR>
</TABLE>
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    3
</DIV><!-- END PAGE WIDTH -->
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<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 87%; margin-left: 6%"><!-- BEGIN PAGE WIDTH -->
<!-- XBRL Pagebreak End -->
<!-- XBRL Table Pagebreak -->

<TABLE border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
<!-- Table Width Row BEGIN -->
<TR style="font-size: 1pt" valign="bottom">
    <TD width="25%">&nbsp;</TD>	<!-- colindex=01 type=maindata -->
    <TD width="2%">&nbsp;</TD>	<!-- colindex=02 type=gutter -->
    <TD width="13%">&nbsp;</TD>	<!-- colindex=02 type=maindata -->
    <TD width="3%">&nbsp;</TD>	<!-- colindex=03 type=gutter -->
    <TD width="39%">&nbsp;</TD>	<!-- colindex=03 type=maindata -->
    <TD width="3%">&nbsp;</TD>	<!-- colindex=04 type=gutter -->
    <TD width="15%">&nbsp;</TD>	<!-- colindex=04 type=maindata -->
</TR>
<!-- Table Width Row END -->
<!-- TableOutputHead -->
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    <B>Number of <BR>
    </B>
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    <B>Funds in<BR>
    </B>
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    <B>Year<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    <B>John Hancock Fund<BR>
    </B>
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    <B>Commenced<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    <B>Complex <BR>
    </B>
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="left" valign="bottom">
    <B>Name, (Year of Birth)<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    <B>Service as<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    <B>Principal Occupation(s) and<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    <B>Overseen by<BR>
    </B>
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="left" valign="bottom">
    <B>and Position with the Fund</B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    <B> Trustee</B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    <B>Other Directorships During the Past Five Years</B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    <B>Trustee</B>
</TD>
</TR>
<TR style="font-size: 1pt" valign="bottom" align="center">
<TD colspan="7" align="center" valign="bottom" style="font-size: 1pt; border-bottom: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR style="line-height: 3pt; font-size: 1pt">
<TD>&nbsp;
</TD>
</TR>
<!-- TableOutputBody -->
<TR valign="bottom">
<TD nowrap align="left" valign="top">
    Stanley Martin<BR>
    (1947)<BR>
    Trustee
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="top">
    2008
</TD>
<TD>
&nbsp;
</TD>
<TD align="left" valign="top">
    Senior Vice President/Audit Executive, Federal Home Loan
    Mortgage Corporation (2004&#160;&#150; 2006); Executive Vice
    President/Consultant, HSBC Bank USA (2000&#160;&#150; 2003);
    Chief Financial Officer/Executive Vice President, Republic New
    York Corporation &#038; Republic National Bank of New York
    (1998&#160;&#150; 2000); Partner, KPMG LLP (1971&#160;&#150;
    1998).
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="top">
    47
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
    Patti McGill
    Peterson<SUP style="font-size: 85%; vertical-align: top">(1)</SUP>

    <BR>
    (1943)&#160;<BR>
    Trustee and <BR>
    Chairperson
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="top">
    1996
</TD>
<TD>
&nbsp;
</TD>
<TD align="left" valign="top">
    Chairperson (since December 2008); Principal, PMP Globalinc
    (consulting) (since 2007); Senior Associate, Institute for
    Higher Education Policy (since 2007); Executive Director, CIES
    (international education agency) (until 2007); Vice President,
    Institute of International Education (until 2007); Senior
    Fellow, Cornell University Institute of Public Affairs, Cornell
    University (1997&#160;&#150; 1998); Former President, Wells
    College, St. Lawrence University and the Association of Colleges
    and Universities of the State of New York. Director of the
    following: Niagara Mohawk Power Corporation (until 2003);
    Security Mutual Life (insurance) (until 1997); ONBANK (until
    1993). Trustee of the following: Board of Visitors, The
    University of Wisconsin, Madison (since 2007); Ford Foundation,
    International Fellowships Program (until 2007); UNCF,
    International Development Partnerships (until 2005); Roth
    Endowment (since 2002); Council for International Educational
    Exchange (since 2003).
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="top">
    47
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
    John A. Moore<BR>
    (1939)<BR>
    Trustee
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="top">
    1996
</TD>
<TD>
&nbsp;
</TD>
<TD align="left" valign="top">
    President and Chief Executive Officer, Institute for Evaluating
    Health Risks, (nonprofit institution) (until 2001); Senior
    Scientist, Sciences International (health research) (until
    2003); Former Assistant Administrator &#038; Deputy
    Administrator, Environmental Protection Agency; Principal,
    Hollyhouse (consulting) (since 2000); Director, CIIT Center for
    Health Science Research (nonprofit research) (until 2007).
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="top">
    47
</TD>
</TR>
</TABLE>
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    4
</DIV><!-- END PAGE WIDTH -->
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<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 87%; margin-left: 6%"><!-- BEGIN PAGE WIDTH -->
<!-- XBRL Pagebreak End -->
<!-- XBRL Table Pagebreak -->

<TABLE border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
<!-- Table Width Row BEGIN -->
<TR style="font-size: 1pt" valign="bottom">
    <TD width="25%">&nbsp;</TD>	<!-- colindex=01 type=maindata -->
    <TD width="2%">&nbsp;</TD>	<!-- colindex=02 type=gutter -->
    <TD width="13%">&nbsp;</TD>	<!-- colindex=02 type=maindata -->
    <TD width="3%">&nbsp;</TD>	<!-- colindex=03 type=gutter -->
    <TD width="39%">&nbsp;</TD>	<!-- colindex=03 type=maindata -->
    <TD width="3%">&nbsp;</TD>	<!-- colindex=04 type=gutter -->
    <TD width="15%">&nbsp;</TD>	<!-- colindex=04 type=maindata -->
</TR>
<!-- Table Width Row END -->
<!-- TableOutputHead -->
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    <B>Number of <BR>
    </B>
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    <B>Funds in<BR>
    </B>
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    <B>Year<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    <B>John Hancock Fund<BR>
    </B>
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    <B>Commenced<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    <B>Complex <BR>
    </B>
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="left" valign="bottom">
    <B>Name, (Year of Birth)<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    <B>Service as<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    <B>Principal Occupation(s) and<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    <B>Overseen by<BR>
    </B>
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="left" valign="bottom">
    <B>and Position with the Fund</B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    <B> Trustee</B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    <B>Other Directorships During the Past Five Years</B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    <B>Trustee</B>
</TD>
</TR>
<TR style="font-size: 1pt" valign="bottom" align="center">
<TD colspan="7" align="center" valign="bottom" style="font-size: 1pt; border-bottom: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR style="line-height: 3pt; font-size: 1pt">
<TD>&nbsp;
</TD>
</TR>
<!-- TableOutputBody -->
<TR valign="bottom">
<TD align="left" valign="top">
    Steven R.
    Pruchansky<SUP style="font-size: 85%; vertical-align: top">(1)<BR>

    </SUP>(1944)<BR>
    Trustee and Vice <BR>
    Chairman
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="top">
    2005
</TD>
<TD>
&nbsp;
</TD>
<TD align="left" valign="top">
    Chairman and Chief Executive Officer, Greenscapes of Southwest
    Florida, Inc. (since 2000); Director and President, Greenscapes
    of Southwest Florida, Inc. (until 2000); Member, Board of
    Advisors, First American Bank (since 2008); Managing Director,
    Jon James, LLC (real estate) (since 2000); Director, First
    Signature Bank &#038; Trust Company (until 1991); Director, Mast
    Realty Trust (until 1994); President, Maxwell Building Corp.
    (until 1991).
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="top">
    47
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
    Gregory A. Russo <BR>
    (1949)&#160;<BR>
    Trustee
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="top">
    2008
</TD>
<TD>
&nbsp;
</TD>
<TD align="left" valign="top">
    Vice Chairman, Risk &#038; Regulatory Matters, KPMG LLP
    (&#147;KPMG&#148;) (2002&#160;&#150; 2006); Vice Chairman,
    Industrial Markets, KPMG (1998&#160;&#150; 2002).
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="top">
    47
</TD>
</TR>
<TR valign="bottom">
<TD colspan="7" align="left" valign="top">
    <B>Non-Independent Trustees</B>
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="top">
    Hugh
    McHaffie<SUP style="font-size: 85%; vertical-align: top">(2)<BR>

    </SUP>(1959)<BR>
    Trustee
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="top">
    2010
</TD>
<TD>
&nbsp;
</TD>
<TD align="left" valign="top">
    Executive Vice President, John Hancock Financial Services (since
    2006, including prior positions); President of John Hancock
    Trust and John Hancock Funds&#160;II (since 2009); Trustee, John
    Hancock retail
    funds<SUP style="font-size: 85%; vertical-align: top">(3)</SUP>

    (since 2010); Chairman and Director, John Hancock Advisers, LLC,
    John Hancock Investment Management Services, LLC and John
    Hancock Funds, LLC (since 2010); Senior Vice President,
    Individual Business Product Management, MetLife, Inc.
    (1999&#160;&#150; 2006).
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="top">
    47
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
    John G.
    Vrysen<SUP style="font-size: 85%; vertical-align: top">(2)<BR>

    </SUP>(1955)<BR>
    Trustee
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="top">
    2009
</TD>
<TD>
&nbsp;
</TD>
<TD align="left" valign="top">
    Senior Vice President, John Hancock Financial Services (since
    2006); Director, Executive Vice President and Chief Operating
    Officer, John Hancock Advisers, LLC, John Hancock Investment
    Management Services, LLC and John Hancock Funds, LLC (since
    2005); Chief Operating Officer, John Hancock Funds&#160;II and
    John Hancock Trust (since 2007); Chief Operating Officer, John
    Hancock retail
    funds<SUP style="font-size: 85%; vertical-align: top">(3)</SUP>

    (until 2009); Trustee, John&#160;Hancock retail funds (since
    2009).
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="top">
    47
</TD>
</TR>
</TABLE>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">

</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV style="font-size: 1pt; margin-left: 0%; width: 13%;  align: left; border-bottom: 1pt solid #000000"></DIV>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>



<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">

<TR>
    <TD width="2%"></TD>
    <TD width="1%"></TD>
    <TD width="97%"></TD>
</TR>

<TR>
    <TD align="right" valign="top">
    (1) </TD>
    <TD></TD>
    <TD valign="bottom">
    Effective January&#160;1, 2011, Steven R. Pruchansky will
    succeed Patti McGill Peterson as the Chairperson of the Board.</TD>
</TR>





<TR>
    <TD align="right" valign="top">
    (2) </TD>
    <TD></TD>
    <TD valign="bottom">
    Because Messrs.&#160;McHaffie and Vrysen are senior executives
    or directors with the adviser and its affiliates, each of them
    is considered an &#147;interested person&#148; (as defined in
    the 1940 Act) of the funds.</TD>
</TR>


<TR style="line-height: 3pt; font-size: 1pt"><TD>&nbsp;</TD></TR>

<TR>
    <TD align="right" valign="top">
    (3) </TD>
    <TD></TD>
    <TD valign="bottom">
    &#147;John Hancock retail funds&#148; is comprised of the series
    of John Hancock Funds&#160;III and 12 other investment
    companies, as well as nine closed-end funds (including Investors
    and Income Securities).</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    Each Trustee holds office until his or her successor is elected
    and qualified, or until the Trustee&#146;s death, retirement,
    resignation or removal.
</DIV>
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    5
</DIV><!-- END PAGE WIDTH -->
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<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 87%; margin-left: 6%"><!-- BEGIN PAGE WIDTH -->
<!-- XBRL Pagebreak End -->

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: 'Times New Roman', Times">Additional
    Information About the Nominees</FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    In addition to the description of each nominee&#146;s Principal
    Occupation(s) and Other Directorships set forth above, the
    following provides further information about each nominee&#146;s
    specific experience, qualifications, attributes or skills. The
    information in this section should not be understood to mean
    that any of the nominees is an &#147;expert&#148; within the
    meaning of the federal securities laws.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    Although the Board&#146;s Nominating, Governance and
    Administration Committee has general criteria that guides its
    choice of candidates to serve on the Board (as discussed below
    under &#147;Board Committees&#148;), there are no specific
    required qualifications for Board membership. In considering
    nominees, although this Committee does not have a formal policy
    to consider diversity when identifying candidates for the
    position of Independent Trustee, as a matter of practice, this
    Committee considers the overall diversity of the Board with
    respect to backgrounds, professional experience, education,
    skill, and viewpoint. In addition, as part of its annual
    self-evaluation, the Board has an opportunity to consider the
    diversity of its members, including specifically whether the
    Board&#146;s members have the right mix of characteristics,
    experiences and skills. The results of the self-evaluation are
    considered by the Nominating, Governance and Administration
    Committee in its decision-making process with respect to
    candidates for the position of Independent Trustee. The Board
    believes that the different perspectives, viewpoints,
    professional experience, education, and individual qualities of
    each nominee represent a diversity of experiences and a variety
    of complementary skills. Each nominee has experience as a
    Trustee of each fund, as well as experience as a Trustee of
    other John Hancock funds. It is the Trustees&#146; belief that
    this allows the Board, as a whole, to oversee the business of
    each fund in a manner consistent with the best interests of the
    fund&#146;s shareholders. When considering potential nominees to
    fill vacancies on the Board, and as part of its annual
    self-evaluation, the Board reviews the mix of skills and other
    relevant experiences of the Trustees.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <I>James F. Carlin</I>&#160;&#151; As a senior officer of a
    scientific testing laboratory, insurance companies and
    management companies, Mr.&#160;Carlin has experience in the
    management of operating and finance companies. He also has
    experience as a board member of other entities.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <I>William H. Cunningham</I>&#160;&#151; Mr.&#160;Cunningham has
    management and operational oversight experience as a former
    Chancellor and President of a major university.
    Mr.&#160;Cunningham has expertise in corporate governance as a
    Professor of business ethics. He also has oversight and
    corporate governance experience as a current and former director
    of a number of operating companies, including an insurance
    company.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <I>Deborah C. Jackson</I>&#160;&#151; Ms.&#160;Jackson has
    management and operational oversight experience as the Chief
    Executive Officer of a major charitable organization. She also
    has oversight and corporate governance experience as a current
    and former director of various corporate organizations,
    including a bank, an insurance company and a regional stock
    exchange, and nonprofit entities.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <I>Charles L. Ladner</I>&#160;&#151; Mr.&#160;Ladner has
    management and financial experience as a senior executive of a
    retirement services company and as a former senior executive of
    public utility companies, including service in the role of Chief
    Financial Officer. He also has oversight and corporate
    governance experience as a current and former director of
    various corporate and nonprofit entities.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <I>Stanley Martin</I>&#160;&#151; As a certified public
    accountant and former partner in a major independent certified
    public accounting firm, Mr.&#160;Martin has accounting and
    executive experience. Mr.&#160;Martin also has experience as a
    former senior officer of a federal government-sponsored entity
    and of two major banks.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <I>Hugh McHaffie</I>&#160;&#151; Through his positions as a
    senior executive of Manulife&#146;s U.S.&#160;Wealth Management
    division, his prior position as a senior executive of MetLife,
    and membership in the Society of Actuaries and American Academy
    of Actuaries, Mr.&#160;McHaffie has experience in the
    development and management of registered investment companies,
    variable annuities and retirement products, enabling him to
    provide management input to the Board.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <I>Patti McGill Peterson</I>&#160;&#151; Ms.&#160;McGill
    Peterson has planning and management advisory experience as
    principal of a consulting firm. She also has management and
    operational oversight experience as a former college and
    university President. She also has oversight and corporate
    governance experience as a current and
</DIV>
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    <BR>
    6
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<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    former director of various corporate organizations, including a
    bank and an insurance company, and nonprofit entities.
    Ms.&#160;McGill Peterson, an Independent Trustee, serves as the
    Board&#146;s Chairperson.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <I>John A. Moore</I>&#160;&#151; Dr.&#160;Moore has management
    and operational oversight experience from his current and former
    positions as a senior executive of scientific research
    organizations and as a senior administrator of the Environmental
    Protection Agency. He also has oversight and corporate
    governance experience as a director of a scientific research
    organization.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <I>Steven R. Pruchansky</I>&#160;&#151; Mr.&#160;Pruchansky has
    entrepreneurial, executive and financial experience as a chief
    executive officer of an operating services company and a current
    and former director of real estate and banking companies.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <I>Gregory A. Russo</I>&#160;&#151; As a certified public
    accountant and former partner in a major independent registered
    public accounting firm, Mr.&#160;Russo has accounting and
    executive experience.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <I>John G. Vrysen</I>&#160;&#151; Through his positions as
    Director, Executive Vice President and Chief Operating Officer
    of the adviser, position as a senior executive of MFC, the
    adviser&#146;s parent company, positions with other affiliates
    of the adviser, and current and former memberships in the
    Society of Actuaries, Canadian Institute of Actuaries and
    American Academy of Actuaries, Mr.&#160;Vrysen has experience in
    the development and management of registered investment
    companies, variable annuities and retirement products, enabling
    him to provide management input to the Board.
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: 'Times New Roman', Times">Duties of
    Trustees; Board Meetings and Board Committees</FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    Each fund is organized as a Massachusetts business trust. Under
    the funds&#146; Declarations of Trust, the Trustees are
    responsible for managing the affairs of the funds, including the
    appointment of advisers and subadvisers. Each Trustee has the
    experience, skills, attributes or qualifications described above
    (see &#147;Principal Occupation(s) and Other Directorships&#148;
    and &#147;Additional Information About the Nominees&#148;
    above). The Board appoints officers who assist in managing the
    <FONT style="white-space: nowrap">day-to-day</FONT>
    affairs of the funds. Each Board met seven times during the
    latest fiscal year. With respect to each fund, no Trustee
    attended fewer than 75% of the aggregate of: (1)&#160;the total
    number of Board meetings; and (2)&#160;the total number of
    meetings held by all committees on which he or she served. The
    funds hold joint meetings of the Trustees and all committees.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    The Board has appointed an Independent Trustee as Chairperson.
    The Chairperson presides at meetings of the Trustees and may
    call meetings of the Board and any Board committee whenever she
    deems it necessary. The Chairperson participates in the
    preparation of the agenda for meetings of the Board and the
    identification of information to be presented to the Board with
    respect to matters to be acted upon by the Board. The
    Chairperson also acts as a liaison with the funds&#146;
    management, officers, attorneys, and other Trustees generally
    between meetings. The Chairperson may perform such other
    functions as may be requested by the Board from time to time.
    The Board has also designated a Vice Chairperson to serve in the
    absence of the Chairperson, who also serves as Chairman of the
    Board&#146;s Nominating, Governance and Administration
    Committee. Except for any duties specified pursuant to each
    Trust&#146;s Declaration of Trust or By-laws, or as assigned by
    the Board, the designation of a Trustee as Chairperson or Vice
    Chairperson does not impose on that Trustee any duties,
    obligations or liability that are greater than the duties,
    obligations or liability imposed on any other Trustee,
    generally. The Board has designated a number of standing
    committees as further described below, each of which has a
    Chairman. The Board also designates working groups or ad hoc
    committees as it deems appropriate.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    The Board believes that this leadership structure is appropriate
    because it allows the Board to exercise informed and independent
    judgment over matters under its purview, and it allocates areas
    of responsibility among committees or working groups of Trustees
    and the full Board in a manner that enhances effective
    oversight. The Board considers leadership by an Independent
    Trustee as Chairperson to be integral to promoting effective
    independent oversight of the funds&#146; operations and
    meaningful representation of the shareholders&#146; interests,
    given the amount of assets that these funds represent. The Board
    also believes that having a super-majority of Independent
    Trustees is appropriate and in the best interest of the
    funds&#146; shareholders. Nevertheless, the Board also believes
    that having interested persons serve on the Board brings
</DIV>
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    <BR>
    7
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<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    corporate and financial viewpoints that are, in the Board&#146;s
    view, helpful elements in its decision-making process. In
    addition, the Board believes that Mr.&#160;McHaffie and
    Mr.&#160;Vrysen, each of whom is a senior executive of the
    adviser, Manulife Financial (the adviser&#146;s parent company),
    and of other affiliates of the adviser, provide the Board with
    the adviser&#146;s perspective in managing and sponsoring the
    funds. The leadership structure of the Board may be changed, at
    any time and in the discretion of the Board, including in
    response to changes in circumstances or the characteristics of
    each fund.
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: 'Times New Roman', Times">Board
    Committees</FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <I>Each Board has five standing committees:</I>&#160;the Audit
    Committee; the Compliance Committee; the Nominating, Governance
    and Administration Committee; Investment Performance Committee A
    and the Contracts/Operations Committee.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    The current membership of each committee is set forth below. As
    Chairperson of the Board, Ms.&#160;McGill Peterson is considered
    an <I>ex officio </I>member of each committee and, therefore, is
    able to attend and participate in any committee meeting, as
    appropriate.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
<!-- Table Width Row BEGIN -->
<TR style="font-size: 1pt" valign="bottom">
    <TD width="21%">&nbsp;</TD>	<!-- colindex=01 type=maindata -->
    <TD width="2%">&nbsp;</TD>	<!-- colindex=02 type=gutter -->
    <TD width="17%">&nbsp;</TD>	<!-- colindex=02 type=maindata -->
    <TD width="3%">&nbsp;</TD>	<!-- colindex=03 type=gutter -->
    <TD width="17%">&nbsp;</TD>	<!-- colindex=03 type=maindata -->
    <TD width="3%">&nbsp;</TD>	<!-- colindex=04 type=gutter -->
    <TD width="17%">&nbsp;</TD>	<!-- colindex=04 type=maindata -->
    <TD width="3%">&nbsp;</TD>	<!-- colindex=05 type=gutter -->
    <TD width="17%">&nbsp;</TD>	<!-- colindex=05 type=maindata -->
</TR>
<!-- Table Width Row END -->
<!-- TableOutputHead -->
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    <B>Nominating,<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    <B>Governance and<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    <B>Investment<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="left" valign="bottom">
    <B>Audit</B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    <B>Compliance</B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    <B>Administration</B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    <B>Performance A</B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    <B>Contracts/Operations</B>
</TD>
</TR>
<TR style="font-size: 1pt" valign="bottom" align="center">
<TD colspan="9" align="left" valign="bottom" style="font-size: 1pt; border-bottom: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR style="line-height: 3pt; font-size: 1pt">
<TD>&nbsp;
</TD>
</TR>
<!-- TableOutputBody -->
<TR valign="bottom">
<TD nowrap align="left" valign="top">
<DIV style="text-indent: -10pt; margin-left: 10pt">
    Ms. Jackson
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="top">
    Mr. Carlin
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="top">
    All Independent
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="top">
    Ms. Jackson
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="top">
    Mr. Cunningham
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="top">
<DIV style="text-indent: -10pt; margin-left: 10pt">
    Mr. Martin
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="top">
    Mr. Russo
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="top">
    Trustees
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="top">
    Mr. Ladner
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="top">
    Mr. Ladner
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="top">
<DIV style="text-indent: -10pt; margin-left: 10pt">
    Mr. Pruchansky
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="top">
    Mr. Martin
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="top">
    Dr.&#160;Moore
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="top">
    Mr. Pruchansky
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD align="left" valign="top">
    Mr. Vrysen
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
</TR>
</TABLE>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">

</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <I>Audit Committee.</I>&#160;All of the members of this
    Committee are independent, and each member is financially
    literate with at least one having accounting or financial
    management expertise. The Board has adopted a written charter
    for the Committee. This Committee recommends to the full Board
    independent registered public accounting firms for each fund,
    oversees the work of the independent registered public
    accounting firm in connection with each fund&#146;s audit,
    communicates with the independent registered public accounting
    firm on a regular basis and provides a forum for the independent
    registered public accounting firm to report and discuss any
    matters it deems appropriate at any time. Mr.&#160;Martin serves
    as Chairman of this Committee. The Audit Committee held six
    meetings during the fiscal year ended October&#160;31, 2010. The
    written charter of the Audit Committee is included as Attachment
    1 to this proxy statement.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <I>The Audit Committee reports that it
    has:</I>&#160;(1)&#160;reviewed and discussed each fund&#146;s
    audited financial statements with management; (2)&#160;discussed
    with the independent registered public accounting firm the
    matters required to be discussed pursuant to the Auditing
    Standards No.&#160;61, as amended; (3)&#160;received written
    disclosures and a letter from the independent registered public
    accounting firm required by applicable requirements of the
    Public Company Accounting Oversight Board regarding
    communications concerning independence and discussed with the
    independent registered public accounting firm the firm&#146;s
    independence; and (4)&#160;based on these discussions,
    recommended to the Board that each fund&#146;s financial
    statements be included in each fund&#146;s annual report for the
    last fiscal year. The written report of the Audit Committee
    immediately follows the Audit Committee Charter, which is
    included as Attachment 1 to this proxy statement.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <I>Compliance Committee.</I>&#160;The primary role of this
    Committee is to oversee the activities of the each fund&#146;s
    Chief Compliance Officer; the implementation and enforcement of
    each fund&#146;s compliance policies and procedures; and
    compliance with each fund&#146;s and the Independent
    Trustees&#146; Codes of Ethics. Mr.&#160;Russo serves as
    Chairman of this Committee. This Committee held four meetings
    during the fiscal year ended October&#160;31, 2010.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <I>Nominating, Governance and Administration
    Committee.</I>&#160;This Committee is comprised of all of the
    Independent Trustees. This Committee periodically reviews the
    Board&#146;s committee structure, conducts an annual
    self-assessment, and makes the final selection and nomination of
    candidates to serve as Independent Trustees. The Interested
    Trustees and the officers of the funds are nominated and
    selected by the Board. Mr.&#160;Pruchansky
</DIV>
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    <BR>
    8
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<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    serves as Chairman of this Committee. This Committee held two
    meetings during the fiscal year ended October&#160;31, 2010. The
    written charter for the Nominating, Governance and
    Administration Committee is included as Attachment 2 to this
    proxy statement.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    In reviewing a potential nominee and in evaluating the
    renomination of current Independent Trustees, this Committee
    will generally apply the following criteria: (i)&#160;the
    nominee&#146;s reputation for integrity, honesty and adherence
    to high ethical standards; (ii)&#160;the nominee&#146;s business
    acumen, experience and ability to exercise sound judgments;
    (iii)&#160;a commitment to understand the funds and the
    responsibilities of a trustee of an investment company;
    (iv)&#160;a commitment to regularly attend and participate in
    meetings of the Board and its committees; (v)&#160;the ability
    to understand potential conflicts of interest involving
    management of the funds and to act in the interests of all
    shareholders; and (vi)&#160;the absence of a real or apparent
    conflict of interest that would impair the nominee&#146;s
    ability to represent the interests of all the shareholders and
    to fulfill the responsibilities of an Independent Trustee. This
    Committee does not necessarily place the same emphasis on each
    criteria and each nominee may not have each of these qualities.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    As long as an existing Independent Trustee continues, in the
    opinion of this Committee, to satisfy these criteria, each fund
    anticipates that the Committee would favor the renomination of
    an existing Independent Trustee rather than a new candidate.
    Consequently, while this Committee will consider nominees
    recommended by shareholders to serve as Independent Trustees,
    the Committee may only act upon such recommendations if there is
    a vacancy on the Board or the Committee determines that the
    selection of a new or additional Independent Trustee is in the
    best interests of a fund. In the event that a vacancy arises or
    a change in Board membership is determined to be advisable, this
    Committee will, in addition to any shareholder recommendations,
    consider candidates identified by other means, including
    candidates proposed by members of this Committee. This Committee
    may retain a consultant to assist it in a search for a qualified
    candidate, and did so in 2008. The Committee has adopted
    Procedures for the Selection of Independent Trustees.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    Any shareholder recommendation for Independent Trustee must be
    submitted in compliance with all of the pertinent provisions of
    <FONT style="white-space: nowrap">Rule&#160;14a-8</FONT>
    under the Securities Exchange Act of 1934, as amended, to be
    considered by this Committee. In evaluating a nominee
    recommended by a shareholder, this Committee, in addition to the
    criteria discussed above, may consider the objectives of the
    shareholder in submitting that nomination and whether such
    objectives are consistent with the interests of all
    shareholders. If the Board determines to include a
    shareholder&#146;s candidate among the slate of nominees, the
    candidate&#146;s name will be placed on a fund&#146;s proxy
    card. If this Committee or the Board determines not to include
    such candidate among the Board&#146;s designated nominees and
    the shareholder has satisfied the requirements of
    <FONT style="white-space: nowrap">Rule&#160;14a-8,</FONT>
    the shareholder&#146;s candidate will be treated as a nominee of
    the shareholder who originally nominated the candidate. In that
    case, the candidate will not be named on the proxy card
    distributed with a fund&#146;s proxy statement.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    Shareholders may communicate with the Trustees as a group or
    individually. Any such communication should be sent to the Board
    or an individual Trustee
    <FONT style="white-space: nowrap">c/o&#160;the</FONT>
    Secretary of the funds at the following address: 601 Congress
    Street, Boston, Massachusetts 02210. The Secretary may determine
    not to forward any letter to Trustees that does not relate to
    the business of a fund.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <I>Investment Performance Committee A.</I>&#160;This Committee
    monitors and analyzes the performance of the funds generally,
    consults with the adviser as necessary if a fund requires
    special attention, and reviews peer groups and other comparative
    standards as necessary. Mr.&#160;Ladner serves as Chairman of
    Investment Performance Committee A. This Committee held five
    meetings during the fiscal year ended October&#160;31, 2010.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <I>Contracts/Operations Committee.</I>&#160;This Committee
    oversees the initiation, operation, and renewal of the various
    contracts between the funds and other entities. These contracts
    include advisory and subadvisory agreements, custodial and
    transfer agency agreements and arrangements with other service
    providers. Dr.&#160;Moore serves as Chairman of this Committee.
    This Committee held four meetings during the fiscal year ended
    October&#160;31, 2010.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    Annually, the Board evaluates its performance and that of its
    Committees, including the effectiveness of the Board&#146;s
    Committee structure.
</DIV>
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    <BR>
    9
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<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: 'Times New Roman', Times">Risk
    Oversight</FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    As registered investment companies, the funds are subject to a
    variety of risks, including investment risks, financial risks,
    compliance risks, and operational risks. As part of its overall
    activities, the Board oversees the management of the funds&#146;
    risk management structure by various departments of the adviser,
    including: Investment Management Services Group (which oversees
    the funds&#146; subadvisers and investment management
    operations) (&#147;IMS&#148;), Fund&#160;Administration, Legal,
    the Product Group (which oversees new product development and
    marketplace positioning), and Internal Audit; as well as by the
    funds&#146; Chief Compliance Officer (&#147;CCO&#148;). The
    responsibility to manage the funds&#146; risk management
    structure on a
    <FONT style="white-space: nowrap">day-to-day</FONT>
    basis is subsumed within the adviser&#146;s overall investment
    management responsibilities. The adviser has its own,
    independent interest in risk management. The adviser&#146;s risk
    management program is part of the overall risk management
    program of Manulife Financial, the adviser&#146;s parent company.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    The Board recognizes that it is not possible to identify all of
    the risks that may affect the funds or to develop processes and
    controls to eliminate or mitigate their occurrence or effects.
    The Board discharges risk oversight as part of its overall
    activities, with the assistance of its Investment Performance,
    Audit, Compliance, and Contracts/Operations Committees. In
    addressing issues regarding each fund&#146;s risk management
    between meetings, appropriate representatives of the adviser
    communicate with the Chairperson of the Board, the relevant
    Committee Chair or the fund&#146;s CCO, who is directly
    accountable to the Board. As appropriate, the Chairperson of the
    Board and the Committee Chairs confer among themselves, with the
    fund&#146;s CCO, the adviser, other service providers, external
    fund counsel, and counsel to the Independent Trustees, to
    identify and review risk management issues that may be placed on
    the full Board&#146;s agenda
    <FONT style="white-space: nowrap">and/or</FONT> that
    of an appropriate Committee for review and discussion with
    management.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    The Audit Committee assists the Board in reviewing with the
    independent auditors, at various times throughout the year,
    matters relating to financial reporting matters. In addition,
    this Committee oversees the process of each fund&#146;s
    valuation of its portfolio securities, with
    <FONT style="white-space: nowrap">day-to-day</FONT>
    responsibility for valuation determinations having been
    delegated to the funds&#146; Pricing Committee (comprised of
    officers of the funds).
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    Investment Performance Committee A assists the Board in
    overseeing the significant investment policies of each fund. The
    adviser monitors these policies and may recommend changes to
    this Committee in response to subadviser requests or other
    circumstances. On a quarterly basis, this Committee reviews
    reports from IMS and the Product Group regarding each
    fund&#146;s investment performance, which include information
    about investment risks and how they are managed.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    The Compliance Committee assists the Board in overseeing the
    activities of the funds&#146; CCO with respect to the compliance
    programs of each fund, the adviser, the subadviser, and certain
    of the funds&#146; other service providers. This Committee and
    the Board receive and consider the CCO&#146;s annual written
    report, which, among other things, summarizes material
    compliance issues that arose during the previous year and any
    remedial action taken to address these issues, as well as any
    material changes to the compliance programs. This Committee and
    the Board also receive and consider reports from the funds&#146;
    CCO throughout the year. As part of its oversight
    responsibilities, the Board has approved various compliance
    policies and procedures.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    The Contracts/Operations Committee assists the Board in
    overseeing the adviser&#146;s management of each fund&#146;s
    operational risks, particularly as it regards vendor management
    and the quality of services provided by various service
    providers. This Committee periodically reviews reports from
    Fund&#160;Administration on these issues and discusses its
    findings with the Board. Among other things, in its annual
    review of each fund&#146;s advisory and subadvisory agreements,
    this Committee and the Board receive and review information
    provided by the adviser and the subadviser relating to their
    operational capabilities, financial condition and resources.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    Each of the above Board Committees meets at least quarterly.
    Each Committee presents reports to the Board, which may prompt
    further discussion of issues concerning the oversight of the
    funds&#146; risk management. The Board also may discuss
    particular risks that are not addressed in the Committee process.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    The Board also has a Nominating, Governance and Administration
    Committee that, among other matters, periodically reviews the
    Board&#146;s committee structure and the charters of the
    Board&#146;s committees, and recommends to the Board such
    changes as it deems appropriate. This Committee also coordinates
    and
</DIV>
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    <BR>
    10
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<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    administers an annual self-evaluation of the Board that includes
    a review of its effectiveness in overseeing the number of funds
    in the fund complex and the effectiveness of its committee
    structure. The Board may, at any time and in its discretion,
    change the manner in which it conducts its risk oversight role.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    Finally, John Hancock&#146;s Chief Risk Officer supports the
    adviser&#146;s risk management program, and may report to the
    Board periodically on risk management. John Hancock&#146;s Chief
    Risk Officer reports directly to the President of John Hancock
    and, indirectly, to the Chief Risk Officer of Manulife Financial
    Corporation, John Hancock&#146;s parent company.
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: 'Times New Roman', Times">Executive
    Officers</FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    The following table presents information regarding the current
    principal officers of the funds who are neither current Trustees
    nor Nominees. The address of each officer is 601 Congress
    Street, Boston, Massachusetts 02210.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent"><!-- TABLE 01 -->
<!-- Table Width Row BEGIN -->
<TR style="font-size: 1pt" valign="bottom">
    <TD width="19%">&nbsp;</TD>	<!-- colindex=01 type=maindata -->
    <TD width="2%">&nbsp;</TD>	<!-- colindex=02 type=gutter -->
    <TD width="25%">&nbsp;</TD>	<!-- colindex=02 type=maindata -->
    <TD width="3%">&nbsp;</TD>	<!-- colindex=03 type=gutter -->
    <TD width="5%">&nbsp;</TD>	<!-- colindex=03 type=maindata -->
    <TD width="3%">&nbsp;</TD>	<!-- colindex=04 type=gutter -->
    <TD width="43%">&nbsp;</TD>	<!-- colindex=04 type=maindata -->
</TR>
<!-- Table Width Row END -->
<!-- TableOutputHead -->
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD colspan="7" align="center" valign="bottom">
    <B>Principal Officers who are not Trustees</B>
</TD>
</TR>
<TR style="font-size: 1pt" valign="bottom" align="center">
<TD colspan="7" align="center" valign="bottom" style="font-size: 1pt; border-bottom: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    <B>Position(s) <BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    <B>Held with<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    <B>Officer<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="left" valign="bottom">
    <B>Name (Year of Birth)</B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    <B>the Funds</B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    <B>Since</B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    <B>Principal Occupation(s) During Past 5&#160;Years</B>
</TD>
</TR>
<TR style="font-size: 1pt" valign="bottom" align="center">
<TD colspan="7" align="center" valign="bottom" style="font-size: 1pt; border-bottom: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR style="line-height: 3pt; font-size: 1pt">
<TD>&nbsp;
</TD>
</TR>
<!-- TableOutputBody -->
<TR valign="bottom" style="line-height: 6pt">
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
    Keith F. Hartstein<BR>
    (1956)
</TD>
<TD>
&nbsp;
</TD>
<TD align="center" valign="top">
    President and <BR>
    Chief Executive Officer
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="top">
    2005
</TD>
<TD>
&nbsp;
</TD>
<TD align="left" valign="top">
    Senior Vice President, John Hancock Financial Services (since
    2004); Director, President and Chief Executive Officer, John
    Hancock Advisers, LLC and John&#160;Hancock Funds, LLC (since
    2005); Director, MFC Global Investment Management (U.S.), LLC
    (since 2005); Director, John Hancock Investment Management
    Services, LLC (since 2006); President and Chief Executive
    Officer, John Hancock retail funds (since 2005); Member,
    Investment Company Institute Sales Force Marketing Committee
    (since 2003).
</TD>
</TR>
<TR valign="bottom" style="line-height: 6pt">
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
    Andrew G. Arnott <BR>
    (1971)
</TD>
<TD>
&nbsp;
</TD>
<TD align="center" valign="top">
    Chief Operating Officer and<BR>
    Senior Vice President
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="top">
    2009
</TD>
<TD>
&nbsp;
</TD>
<TD align="left" valign="top">
    Senior Vice President, John Hancock Financial Services (since
    2009); Executive Vice President, John Hancock Advisers, LLC
    (since 2005); Executive Vice President, John Hancock Investment
    Management Services, LLC (since 2006); Executive Vice President,
    John Hancock Funds, LLC (since 2004); Chief Operating Officer,
    John Hancock retail funds (since 2009); Senior Vice President,
    John Hancock retail funds (since 2010); Vice President, John
    Hancock Funds&#160;II and John Hancock Trust (since 2006);
    Senior Vice President, Product Management and Development, John
    Hancock Funds, LLC (until 2009).
</TD>
</TR>
</TABLE>
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    <BR>
    11
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<DIV style="width: 87%; margin-left: 6%"><!-- BEGIN PAGE WIDTH -->
<!-- XBRL Pagebreak End -->
<!-- XBRL Table Pagebreak -->

<TABLE border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent"><!-- TABLE 01 -->
<!-- Table Width Row BEGIN -->
<TR style="font-size: 1pt" valign="bottom">
    <TD width="19%">&nbsp;</TD>	<!-- colindex=01 type=maindata -->
    <TD width="2%">&nbsp;</TD>	<!-- colindex=02 type=gutter -->
    <TD width="25%">&nbsp;</TD>	<!-- colindex=02 type=maindata -->
    <TD width="3%">&nbsp;</TD>	<!-- colindex=03 type=gutter -->
    <TD width="5%">&nbsp;</TD>	<!-- colindex=03 type=maindata -->
    <TD width="3%">&nbsp;</TD>	<!-- colindex=04 type=gutter -->
    <TD width="43%">&nbsp;</TD>	<!-- colindex=04 type=maindata -->
</TR>
<!-- Table Width Row END -->
<!-- TableOutputHead -->
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD colspan="7" align="center" valign="bottom">
    <B>Principal Officers who are not Trustees</B>
</TD>
</TR>
<TR style="font-size: 1pt" valign="bottom" align="center">
<TD colspan="7" align="center" valign="bottom" style="font-size: 1pt; border-bottom: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    <B>Position(s) <BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    <B>Held with<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    <B>Officer<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="left" valign="bottom">
    <B>Name (Year of Birth)</B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    <B>the Funds</B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    <B>Since</B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    <B>Principal Occupation(s) During Past 5&#160;Years</B>
</TD>
</TR>
<TR style="font-size: 1pt" valign="bottom" align="center">
<TD colspan="7" align="center" valign="bottom" style="font-size: 1pt; border-bottom: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR style="line-height: 3pt; font-size: 1pt">
<TD>&nbsp;
</TD>
</TR>
<!-- TableOutputBody -->
<TR valign="bottom" style="line-height: 6pt">
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
    Thomas M. Kinzler<BR>
    (1955)
</TD>
<TD>
&nbsp;
</TD>
<TD align="center" valign="top">
    Secretary and <BR>
    Chief Legal Officer
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="top">
    2006
</TD>
<TD>
&nbsp;
</TD>
<TD align="left" valign="top">
    Vice President, John Hancock Financial Services (since 2006);
    Secretary and Chief Legal Counsel, John Hancock Advisers, LLC,
    John Hancock Investment Management Services, LLC and John
    Hancock Funds, LLC (since 2007); Secretary and Chief Legal
    Officer, John Hancock retail funds, John Hancock Funds&#160;II
    and John Hancock Trust (since 2006); Vice President and
    Associate General Counsel, Massachusetts Mutual Life Insurance
    Company (1999&#160;&#150;&#160;2006); Secretary and Chief Legal
    Counsel, MML Series Investment Fund
    (2000&#160;&#150;&#160;2006); Secretary and Chief Legal Counsel,
    MassMutual Select Funds and MassMutual Premier Funds
    (2004&#160;&#150;&#160;2006).
</TD>
</TR>
<TR valign="bottom" style="line-height: 6pt">
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
    Francis V. Knox, Jr. <BR>
    (1947)
</TD>
<TD>
&nbsp;
</TD>
<TD align="center" valign="top">
    Chief Compliance Officer
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="top">
    2005
</TD>
<TD>
&nbsp;
</TD>
<TD align="left" valign="top">
    Vice President, John Hancock Financial Services (since 2005);
    Chief Compliance Officer, John Hancock retail funds, John
    Hancock Funds II, John Hancock Trust, John Hancock Advisers, LLC
    and John Hancock Investment Management Services, LLC (since
    2005); Vice President and Chief Compliance Officer, MFC Global
    Investment Management (U.S.), LLC (2005&#160;&#150;&#160;2008).
</TD>
</TR>
<TR valign="bottom" style="line-height: 6pt">
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
    Charles A. Rizzo <BR>
    (1957)
</TD>
<TD>
&nbsp;
</TD>
<TD align="center" valign="top">
    Chief Financial Officer
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="top">
    2007
</TD>
<TD>
&nbsp;
</TD>
<TD align="left" valign="top">
    Vice President, John Hancock Financial Services (since 2008);
    Senior Vice President, John Hancock Advisers, LLC and John
    Hancock Investment Management Services, LLC (since 2008); Chief
    Financial Officer, John Hancock retail funds, John Hancock
    Funds&#160;II and John Hancock Trust (since 2007); Assistant
    Treasurer, Goldman Sachs Mutual Fund Complex
    (2005&#160;&#150;&#160;2007); Vice President, Goldman Sachs
    (2005&#160;&#150;&#160;2007); Managing Director and Treasurer,
    Scudder Funds, Deutsche Asset Management
    (2003&#160;&#150;&#160;2005).
</TD>
</TR>
</TABLE>
<!-- XBRL Pagebreak Begin -->

<P align="center" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    12
</DIV><!-- END PAGE WIDTH -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 87%; margin-left: 6%"><!-- BEGIN PAGE WIDTH -->
<!-- XBRL Pagebreak End -->
<!-- XBRL Table Pagebreak -->

<TABLE border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent"><!-- TABLE 01 -->
<!-- Table Width Row BEGIN -->
<TR style="font-size: 1pt" valign="bottom">
    <TD width="19%">&nbsp;</TD>	<!-- colindex=01 type=maindata -->
    <TD width="2%">&nbsp;</TD>	<!-- colindex=02 type=gutter -->
    <TD width="25%">&nbsp;</TD>	<!-- colindex=02 type=maindata -->
    <TD width="3%">&nbsp;</TD>	<!-- colindex=03 type=gutter -->
    <TD width="5%">&nbsp;</TD>	<!-- colindex=03 type=maindata -->
    <TD width="3%">&nbsp;</TD>	<!-- colindex=04 type=gutter -->
    <TD width="43%">&nbsp;</TD>	<!-- colindex=04 type=maindata -->
</TR>
<!-- Table Width Row END -->
<!-- TableOutputHead -->
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD colspan="7" align="center" valign="bottom">
    <B>Principal Officers who are not Trustees</B>
</TD>
</TR>
<TR style="font-size: 1pt" valign="bottom" align="center">
<TD colspan="7" align="center" valign="bottom" style="font-size: 1pt; border-bottom: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    <B>Position(s) <BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    <B>Held with<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    <B>Officer<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="left" valign="bottom">
    <B>Name (Year of Birth)</B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    <B>the Funds</B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    <B>Since</B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    <B>Principal Occupation(s) During Past 5&#160;Years</B>
</TD>
</TR>
<TR style="font-size: 1pt" valign="bottom" align="center">
<TD colspan="7" align="center" valign="bottom" style="font-size: 1pt; border-bottom: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR style="line-height: 3pt; font-size: 1pt">
<TD>&nbsp;
</TD>
</TR>
<!-- TableOutputBody -->
<TR valign="bottom" style="line-height: 6pt">
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
    Salvatore Schiavone <BR>
    (1965)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="top">
    Treasurer
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="top">
    2009
</TD>
<TD>
&nbsp;
</TD>
<TD align="left" valign="top">
    Assistant Vice President, John Hancock Financial Services (since
    2007); Vice President, John Hancock Advisers, LLC and John
    Hancock Investment Management Services, LLC (since 2007);
    Treasurer, John Hancock retail funds (since 2010); Treasurer,
    John Hancock Closed-End Funds (since 2009); Assistant Treasurer,
    John Hancock Funds&#160;II and John Hancock Trust (since 2010);
    Assistant Treasurer, John Hancock retail funds, John Hancock
    Funds&#160;II and John Hancock Trust (2007-2009); Assistant
    Treasurer, Fidelity Group of Funds (2005&#160;&#150;&#160;2007);
    Vice President, Fidelity Management Research Company
    (2005&#160;&#150;&#160;2007); Assistant Treasurer, Scudder Group
    of Funds (2003&#160;&#150;&#160;2005); Director, Deutsche Asset
    Management (2003&#160;&#150;&#160;2005).
</TD>
</TR>
</TABLE>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">

</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV style="font-size: 1pt; margin-left: 0%; width: 13%;  align: left; border-bottom: 1pt solid #000000"></DIV>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>



<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    &#147;John Hancock retail funds&#148; is comprised of the series
    of John Hancock Funds&#160;III and 12 other investment
    companies, as well as nine closed-end funds (including Investors
    and Income Securities).
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: 'Times New Roman', Times">Trustee
    Ownership</FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    The following table shows the dollar range of each
    Trustee&#146;s ownership of equity securities of the funds as
    well as holdings of shares of equity securities of all John
    Hancock funds overseen by the Trustee.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: 'Times New Roman', Times">Trustee
    Holdings<SUP style="font-size: 85%; vertical-align: top">(1)</SUP></FONT></B>

</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 9pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent"><!-- TABLE 01 -->
<!-- Table Width Row BEGIN -->
<TR style="font-size: 1pt" valign="bottom">
    <TD width="33%">&nbsp;</TD>	<!-- colindex=01 type=maindata -->
    <TD width="2%">&nbsp;</TD>	<!-- colindex=02 type=gutter -->
    <TD width="7%" align="right">&nbsp;</TD>	<!-- colindex=02 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=02 type=body -->
    <TD width="7%" align="left">&nbsp;</TD>	<!-- colindex=02 type=hang1 -->
    <TD width="2%">&nbsp;</TD>	<!-- colindex=03 type=gutter -->
    <TD width="2%" align="right">&nbsp;</TD>	<!-- colindex=03 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=03 type=body -->
    <TD width="2%" align="left">&nbsp;</TD>	<!-- colindex=03 type=hang1 -->
    <TD width="2%">&nbsp;</TD>	<!-- colindex=04 type=gutter -->
    <TD width="7%" align="right">&nbsp;</TD>	<!-- colindex=04 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=04 type=body -->
    <TD width="7%" align="left">&nbsp;</TD>	<!-- colindex=04 type=hang1 -->
    <TD width="2%">&nbsp;</TD>	<!-- colindex=05 type=gutter -->
    <TD width="2%" align="right">&nbsp;</TD>	<!-- colindex=05 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=05 type=body -->
    <TD width="2%" align="left">&nbsp;</TD>	<!-- colindex=05 type=hang1 -->
    <TD width="2%">&nbsp;</TD>	<!-- colindex=06 type=gutter -->
    <TD width="8%" align="right">&nbsp;</TD>	<!-- colindex=06 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=06 type=body -->
    <TD width="8%" align="left">&nbsp;</TD>	<!-- colindex=06 type=hang1 -->
</TR>
<!-- Table Width Row END -->
<!-- TableOutputHead -->
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B>Share <BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B>Share<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B>All John Hancock<BR>
    </B>
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="left" valign="bottom">
    <B>Name of Trustee</B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B>Investors</B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B>Amount</B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B>Income Securities</B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B>Amount</B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B>Funds Overseen</B>
</TD>
</TR>
<TR style="font-size: 1pt" valign="bottom" align="center">
<TD colspan="21" align="center" valign="bottom" style="font-size: 1pt; border-bottom: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR style="line-height: 2pt; font-size: 1pt">
<TD>&nbsp;
</TD>
</TR>
<!-- TableOutputBody -->
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    <B>Independent Trustees</B>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    James F. Carlin
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    10,001 &#150; $50,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,040
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    10,001 &#150; $50,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,060
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    Over $
</TD>
<TD nowrap align="right" valign="bottom">
    100,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    William H. Cunningham
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    1 &#150; $10,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    185
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    1 &#150; $10,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    260
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    Over $
</TD>
<TD nowrap align="right" valign="bottom">
    100,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Deborah C. Jackson
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    1 &#150; $10,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    230
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    1 &#150; $10,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    651
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    50,001 &#150; $100,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Charles L. Ladner
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    1 &#150; $10,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    150
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    1 &#150; $10,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    200
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    Over $
</TD>
<TD nowrap align="right" valign="bottom">
    100,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Stanley Martin
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    1 &#150; $10,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    250
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    1 &#150; $10,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    300
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    Over $
</TD>
<TD nowrap align="right" valign="bottom">
    100,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Patti McGill Peterson
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    1 &#150; $10,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    189
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    1 &#150; $10,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    246
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    Over $
</TD>
<TD nowrap align="right" valign="bottom">
    100,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    John A. Moore
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    1 &#150; $10,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    150
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    1 &#150; $10,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    200
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    Over $
</TD>
<TD nowrap align="right" valign="bottom">
    100,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Steven R. Pruchansky
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    1 &#150; $10,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    250
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    1 &#150; $10,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    392
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    Over $
</TD>
<TD nowrap align="right" valign="bottom">
    100,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Gregory A. Russo
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    1 &#150; $10,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    383
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    1 &#150; $10,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    505
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    50,001 &#150; $100,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    <B>Non-Independent Trustees</B>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Hugh McHaffie
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    10,001 &#150; $50,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    500
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    10,001 &#150; $50,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    700
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    Over $
</TD>
<TD nowrap align="right" valign="bottom">
    100,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    John G. Vrysen
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    10,001 &#150; $50,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    600
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    10,001 &#150; $50,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    900
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    Over $
</TD>
<TD nowrap align="right" valign="bottom">
    100,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
</TABLE>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">

</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV style="font-size: 1pt; margin-left: 0%; width: 13%;  align: left; border-bottom: 1pt solid #000000"></DIV>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>



<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent"><!-- TABLE 06 -->

<TR>
    <TD width="2%"></TD>
    <TD width="1%"></TD>
    <TD width="97%"></TD>
</TR>

<TR>
    <TD align="right" valign="top">
    (1) </TD>
    <TD></TD>
    <TD valign="bottom">
    Trustee ownership is provided as of October&#160;31, 2010,
    except that Trustee ownership for Mr.&#160;HcHaffie is provided
    as of November&#160;4, 2010. The amounts reflect the aggregate
    dollar range of equity securities beneficially owned by the
    Trustees in the funds and in all John Hancock funds overseen by
    each Trustee. For each Trustee, the amounts reflected include
    share equivalents of certain John Hancock funds in which the
    Trustee is deemed to be invested pursuant to the Deferred
    Compensation Plan for Independent Trustees, as more fully
    described under &#147;Remuneration of Trustees and
    Officers.&#148; The information as to beneficial ownership is
    based on statements furnished to the funds by the Trustees. Each
    of the Trustees has all voting and investment powers with
    respect to the shares indicated. None of the Trustees
    beneficially  </TD>
</TR>
<!-- XBRL Paragraph Pagebreak -->

</TABLE>
<!-- XBRL Pagebreak Begin -->

<P align="center" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    13
</DIV><!-- END PAGE WIDTH -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 87%; margin-left: 6%"><!-- BEGIN PAGE WIDTH -->
<!-- XBRL Pagebreak End -->

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">

<TR>
    <TD width="2%"></TD>
    <TD width="1%"></TD>
    <TD width="97%"></TD>
</TR>

<TR>
    <TD valign="top">
</TD>
    <TD></TD>
    <TD valign="bottom">
    owned individually, and the Trustees and executive officers of
    the funds as a group did not beneficially own, in excess of one
    percent of the outstanding shares of any fund.</TD>
</TR>

</TABLE>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: 'Times New Roman', Times">Compliance
    with Section&#160;16(a) Reporting Requirements</FONT></B>
</DIV>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    Section&#160;16(a) of the Exchange Act requires a fund&#146;s
    executive officers, Trustees and persons who own more than 10%
    of a fund&#146;s shares (&#147;10% Shareholders&#148;) to file
    reports of ownership and changes in ownership with the SEC.
    Executive officers, Trustees and 10% Shareholders are also
    required by SEC regulations to furnish each fund with copies of
    all Section&#160;16(a) forms they file. Based solely on a review
    of the copies of these reports furnished to the funds and
    representations that no other reports were required to be filed,
    each fund believes that, during the past fiscal year, its
    executive officers, Trustees and 10% Shareholders complied with
    all applicable Section&#160;16(a) filing requirements.
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: 'Times New Roman', Times">Remuneration
    of Trustees and Officers</FONT></B>
</DIV>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    The following table provides information regarding the
    compensation earned by the Independent Trustees from the funds
    and the other investment companies in the John Hancock
    Fund&#160;Complex for their services for the fiscal year ended
    October&#160;31, 2010. The non-Independent Trustees, and each of
    the officers of the funds who are interested persons of the
    adviser, are compensated by the adviser
    <FONT style="white-space: nowrap">and/or</FONT> its
    affiliates and receive no compensation from the funds for their
    services.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
<!-- Table Width Row BEGIN -->
<TR style="font-size: 1pt" valign="bottom">
    <TD width="35%">&nbsp;</TD>	<!-- colindex=01 type=maindata -->
    <TD width="2%">&nbsp;</TD>	<!-- colindex=02 type=gutter -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=02 type=lead -->
    <TD width="19%" align="right">&nbsp;</TD>	<!-- colindex=02 type=body -->
    <TD width="1%" align="left">&nbsp;</TD>	<!-- colindex=02 type=hang1 -->
    <TD width="3%">&nbsp;</TD>	<!-- colindex=03 type=gutter -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=03 type=lead -->
    <TD width="19%" align="right">&nbsp;</TD>	<!-- colindex=03 type=body -->
    <TD width="1%" align="left">&nbsp;</TD>	<!-- colindex=03 type=hang1 -->
    <TD width="3%">&nbsp;</TD>	<!-- colindex=04 type=gutter -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=04 type=lead -->
    <TD width="13%" align="right">&nbsp;</TD>	<!-- colindex=04 type=body -->
    <TD width="1%" align="left">&nbsp;</TD>	<!-- colindex=04 type=hang1 -->
</TR>
<!-- Table Width Row END -->
<!-- TableOutputHead -->
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>Total Compensation<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>All Funds in the<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="6" align="center" valign="bottom" style="border-bottom: 1px solid #000000">
    <B>Aggregate Compensation</B>
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>John Hancock<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="left" valign="bottom">
    <B>Independent Trustees</B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>Investors</B>
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>Income Securities</B>
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>Fund
    Complex<SUP style="font-size: 85%; vertical-align: top">(1)</SUP></B>

</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt" valign="bottom" align="center">
<TD colspan="12" align="center" valign="bottom" style="font-size: 1pt; border-bottom: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR style="line-height: 3pt; font-size: 1pt">
<TD>&nbsp;
</TD>
</TR>
<!-- TableOutputBody -->
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -10pt; margin-left: 10pt">
    James F. Carlin
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    4,714
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    4,715
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    181,500
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -10pt; margin-left: 10pt">
    William H.
    Cunningham<SUP style="font-size: 85%; vertical-align: top">(2)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    4,643
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    4,643
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    200,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -10pt; margin-left: 10pt">
    Deborah C. Jackson
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    4,884
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    4,886
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    239,500
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -10pt; margin-left: 10pt">
    Charles A.
    Ladner<SUP style="font-size: 85%; vertical-align: top">(2)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    5,400
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    5,400
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    202,500
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -10pt; margin-left: 10pt">
    Stanley
    Martin<SUP style="font-size: 85%; vertical-align: top">(2)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    5,571
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    5,571
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    260,500
</TD>
<TD nowrap align="left" valign="bottom">
    <SUP style="font-size: 85%; vertical-align: top">(3)</SUP>

</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -10pt; margin-left: 10pt">
    Patti McGill
    Peterson<SUP style="font-size: 85%; vertical-align: top">(2)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    6,143
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    6,143
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    246,500
</TD>
<TD nowrap align="left" valign="bottom">
    <SUP style="font-size: 85%; vertical-align: top">(4)</SUP>

</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -10pt; margin-left: 10pt">
    John A.
    Moore<SUP style="font-size: 85%; vertical-align: top">(2)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    5,643
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    5,643
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    210,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -10pt; margin-left: 10pt">
    Steven R.
    Pruchansky<SUP style="font-size: 85%; vertical-align: top">(2)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    5,771
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    5,771
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    216,500
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -10pt; margin-left: 10pt">
    Gregory A. Russo
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    5,393
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    5,393
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    265,500
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
</TABLE>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">

</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV style="font-size: 1pt; margin-left: 0%; width: 13%;  align: left; border-bottom: 1pt solid #000000"></DIV>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>



<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">

<TR>
    <TD width="2%"></TD>
    <TD width="1%"></TD>
    <TD width="97%"></TD>
</TR>

<TR>
    <TD align="right" valign="top">
    (1) </TD>
    <TD></TD>
    <TD valign="bottom">
    All of the Independent Trustees are Trustees of 47 funds in the
    John Hancock Fund&#160;Complex.</TD>
</TR>


<TR style="line-height: 3pt; font-size: 1pt"><TD>&nbsp;</TD></TR>

<TR>
    <TD align="right" valign="top">
    (2) </TD>
    <TD></TD>
    <TD valign="bottom">
    As of October&#160;31, 2010, the value of the aggregate accrued
    deferred compensation amount from all funds in the John Hancock
    Fund&#160;Complex for Mr.&#160;Cunningham was $242,025;
    Mr.&#160;Ladner was $85,115; Mr.&#160;Martin was $51,000;
    Ms.&#160;McGill Peterson was $265,033; Dr.&#160;Moore was
    $335,382; and Mr.&#160;Pruchansky was $398,652 under the John
    Hancock Deferred Compensation Plan for Independent Trustees (the
    &#147;Plan&#148;). Under the Plan, an Independent Trustee may
    elect to have his or her deferred fees invested by a fund in
    shares of one or more funds in the John Hancock Fund Complex and
    the amount paid to the Trustees under the Plan will be
    determined based upon the performance of such investments.
    Deferral of Trustees&#146; fees does not obligate any fund to
    retain the services of any Trustee or obligate a fund to pay any
    particular level of compensation to the Trustee.</TD>
</TR>


<TR style="line-height: 3pt; font-size: 1pt"><TD>&nbsp;</TD></TR>

<TR>
    <TD align="right" valign="top">
    (3) </TD>
    <TD></TD>
    <TD valign="bottom">
    Includes $51,000 of deferred compensation.</TD>
</TR>


<TR style="line-height: 3pt; font-size: 1pt"><TD>&nbsp;</TD></TR>

<TR>
    <TD align="right" valign="top">
    (4) </TD>
    <TD></TD>
    <TD valign="bottom">
    Includes $6,000 of deferred compensation.</TD>
</TR>

</TABLE>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: 'Times New Roman', Times">Material
    Relationships of the Independent Trustees</FONT></B>
</DIV>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    As of October&#160;31, 2010, none of the Independent Trustees,
    nor any immediate family member, owned shares of the adviser or
    a principal underwriter of the funds, nor does any such person
    own shares of a company controlling, controlled by or under
    common control with the adviser or a principal underwriter of
    the funds.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    There have been no transactions by the funds since the beginning
    of the funds&#146; last two fiscal years, nor are there any
    transactions currently proposed in which the amount exceeds
    $120,000, and in which any Independent
</DIV>
<!-- XBRL Paragraph Pagebreak -->
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<P align="center" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <BR>
    14
</DIV><!-- END PAGE WIDTH -->
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<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 87%; margin-left: 6%"><!-- BEGIN PAGE WIDTH -->
<!-- XBRL Pagebreak End -->

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    Trustee or any immediate family member has or will have a direct
    or indirect material interest, nor have any of the foregoing
    persons been indebted to the funds in an amount in excess of
    $120,000 at any time since that date.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    No Independent Trustee, nor any immediate family member, has had
    in the past five years, any direct or indirect interest, the
    value of which exceeds $120,000, in the adviser, a principal
    underwriter of the funds or in a person (other than a registered
    investment company) directly or indirectly controlling,
    controlled by or under common control with the adviser or
    principal underwriter of the funds. Moreover, no Independent
    Trustee or immediate family member has, or has had in the last
    two fiscal years of the funds, any direct or indirect
    relationships or material interest in any transaction or in any
    currently proposed transaction, in which the amount involved
    exceeds $120,000, in which the following persons were or are a
    party: the funds, an officer of the funds, any investment
    company sharing the same investment adviser or principal
    underwriter as the funds or any officer of such a company, any
    investment adviser or principal underwriter of the funds or any
    officer of such a party, any person directly or indirectly
    controlling, controlled by or under common control with the
    investment adviser or principal underwriter of the funds, or any
    officer of such a person.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    Within the last two completed fiscal years of the funds, no
    officer of any investment adviser or principal underwriter of
    the funds or of any person directly or indirectly controlling,
    controlled by or under common control with the investment
    adviser or principal underwriter of the funds, has served as a
    director on a board of a company where any of the Independent
    Trustees or nominees of the funds, or immediate family members
    of such persons, has served as an officer.
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: 'Times New Roman', Times">Legal
    Proceedings</FONT></B>
</DIV>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    There have been no legal proceedings that are material to an
    evaluation of the ability or integrity of any Trustee or
    executive officer of the funds within the past ten years.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    In May 2010, John Hancock Preferred Income Fund&#160;III, a
    closed-end fund advised by John Hancock Advisers,&#160;LLC,
    received a demand letter from a law firm on behalf of a
    purported holder of common shares of the fund, alleging that the
    adviser and certain of the fund&#146;s current and former
    executive officers and Trustees breached their fiduciary duties
    relating to the redemption of the auction preferred shares
    (&#147;APS&#148;). On August&#160;24, 2010, a shareholder
    derivative complaint was filed in the Superior Court of The
    Commonwealth of Massachusetts, Suffolk County, by the same law
    firm on behalf of the purported shareholder against the adviser,
    the adviser&#146;s parent company, Manulife Financial
    Corporation, and certain of the interested Trustees, executive
    officers and portfolio managers of the fund. On August&#160;30,
    2010, a substantially similar derivative complaint was filed in
    the Superior Court of The Commonwealth of Massachusetts, Suffolk
    County, on behalf of a purported shareholder of John Hancock
    Tax-Advantaged Dividend Income Fund, a closed-end fund advised
    by John Hancock Advisers,&#160;LLC, against the adviser, the
    adviser&#146;s parent company, Manulife Financial Corporation,
    and certain of the interested Trustees, executive officers and
    portfolio managers of the fund. The complaints allege, among
    other things, that the named defendants breached their fiduciary
    duties to the funds and their common shareholders by redeeming
    APS at their liquidation preference and that such redemptions
    caused losses to the funds and their common shareholders. The
    complaints seek awards of unspecified monetary damages for the
    alleged losses and certain other relief. In July 2010, John
    Hancock Premium Dividend Fund, a closed-end fund advised by John
    Hancock Advisers, LLC, received a substantially similar demand
    letter from the same law firm that filed the complaints with
    respect to John Hancock Preferred Income Fund&#160;III and John
    Hancock Tax-Advantaged Dividend Income Fund, but no complaint
    has been filed with respect to that fund as of November&#160;19,
    2010.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    In response to the demand letters, the Boards of Trustees
    established a Special Committee (the &#147;Committee&#148;)
    consisting of independent Trustees to investigate the demands
    with the assistance of independent counsel. Based upon its
    investigation, the Committee recommended that the Boards of
    Trustees reject the demands made in the demand letters. After
    reviewing the findings of the Committee, at a meeting of the
    Boards of Trustees, all of the independent Trustees determined
    that the maintenance of the derivative proceedings is not in the
    best interests of the funds and voted to reject the demands.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    A motion to dismiss the complaints will be filed in due course.
</DIV>
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<P align="center" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <BR>
    15
</DIV><!-- END PAGE WIDTH -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 87%; margin-left: 6%"><!-- BEGIN PAGE WIDTH -->
<!-- XBRL Pagebreak End -->

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: 'Times New Roman', Times">Independent
    Registered Public Accounting Firm</FONT></B>
</DIV>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    The Trustees of each fund, including a majority of each
    fund&#146;s Independent Trustees, have selected
    PricewaterhouseCoopers LLP (&#147;PwC&#148;), 125 High Street,
    Boston, Massachusetts 02110, to act as independent registered
    public accounting firm for each fund for the last two fiscal
    years.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    Representatives of PwC are not expected to be present at the
    meeting but have been given the opportunity to make a statement,
    if they so desire, and will be available should any matter arise
    requiring their participation.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    The following table sets forth the aggregate fees billed by PwC
    for each fund for the fiscal years ended October&#160;31, 2009
    and October&#160;31, 2010 (the &#147;Reporting Periods&#148;),
    for professional services rendered for: (i)&#160;the audit of
    the fund&#146;s annual financial statements and the review of
    financial statements included in the fund&#146;s reports to
    stockholders; (ii)&#160;assurance and related services that are
    reasonably related to the audit of the fund&#146;s financial
    statements; (iii)&#160;tax compliance, tax advice or tax
    planning; and (iv)&#160;all services other than (i),
    (ii)&#160;and (iii).
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
<!-- Table Width Row BEGIN -->
<TR style="font-size: 1pt" valign="bottom">
    <TD width="31%">&nbsp;</TD>	<!-- colindex=01 type=maindata -->
    <TD width="2%">&nbsp;</TD>	<!-- colindex=02 type=gutter -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=02 type=lead -->
    <TD width="7%" align="right">&nbsp;</TD>	<!-- colindex=02 type=body -->
    <TD width="1%" align="left">&nbsp;</TD>	<!-- colindex=02 type=hang1 -->
    <TD width="3%">&nbsp;</TD>	<!-- colindex=03 type=gutter -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=03 type=lead -->
    <TD width="5%" align="right">&nbsp;</TD>	<!-- colindex=03 type=body -->
    <TD width="1%" align="left">&nbsp;</TD>	<!-- colindex=03 type=hang1 -->
    <TD width="3%">&nbsp;</TD>	<!-- colindex=04 type=gutter -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=04 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=04 type=body -->
    <TD width="1%" align="left">&nbsp;</TD>	<!-- colindex=04 type=hang1 -->
    <TD width="6%">&nbsp;</TD>	<!-- colindex=05 type=gutter -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=05 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=05 type=body -->
    <TD width="1%" align="left">&nbsp;</TD>	<!-- colindex=05 type=hang1 -->
    <TD width="3%">&nbsp;</TD>	<!-- colindex=06 type=gutter -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=06 type=lead -->
    <TD width="4%" align="right">&nbsp;</TD>	<!-- colindex=06 type=body -->
    <TD width="1%" align="left">&nbsp;</TD>	<!-- colindex=06 type=hang1 -->
    <TD width="3%">&nbsp;</TD>	<!-- colindex=07 type=gutter -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=07 type=lead -->
    <TD width="4%" align="right">&nbsp;</TD>	<!-- colindex=07 type=body -->
    <TD width="1%" align="left">&nbsp;</TD>	<!-- colindex=07 type=hang1 -->
    <TD width="3%">&nbsp;</TD>	<!-- colindex=08 type=gutter -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=08 type=lead -->
    <TD width="4%" align="right">&nbsp;</TD>	<!-- colindex=08 type=body -->
    <TD width="1%" align="left">&nbsp;</TD>	<!-- colindex=08 type=hang1 -->
    <TD width="3%">&nbsp;</TD>	<!-- colindex=09 type=gutter -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=09 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=09 type=body -->
    <TD width="1%" align="left">&nbsp;</TD>	<!-- colindex=09 type=hang1 -->
</TR>
<!-- Table Width Row END -->
<!-- TableOutputHead -->
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="6" align="center" valign="bottom">
    <B>Audit Fees</B>
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="6" align="center" valign="bottom">
    <B>Audit-Related Fees</B>
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="6" align="center" valign="bottom">
    <B>Tax Fees</B>
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="6" align="center" valign="bottom">
    <B>All Other Fees</B>
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom" style="font-size: 1pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="30" align="center" valign="bottom" style="font-size: 1pt; border-bottom: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>FYE<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>FYE<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>FYE<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>FYE<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>FYE<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>FYE<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>FYE<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>FYE<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>2009</B>
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>2010</B>
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>2009</B>
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>2010</B>
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>2009</B>
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>2010</B>
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>2009</B>
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>2010</B>
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom" style="font-size: 1pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="30" align="center" valign="bottom" style="font-size: 1pt; border-bottom: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR style="line-height: 3pt; font-size: 1pt">
<TD>&nbsp;
</TD>
</TR>
<!-- TableOutputBody -->
<TR valign="bottom">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -10pt; margin-left: 10pt">
    Investors
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    41,819
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    36,410
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    0
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    0
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    2,873
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    2,959
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    55
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    20
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -10pt; margin-left: 10pt">
    Income Securities
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    41,819
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    36,410
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    0
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    0
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    2,873
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    2,959
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    3,555
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    20
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
</TABLE>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">

</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    Each fund&#146;s Audit Committee has adopted procedures to
    pre-approve audit and non-audit services for the funds and the
    adviser and any entity controlling, controlled by or under
    common control with, the adviser (the &#147;Adviser
    Affiliates&#148;). These procedures identify certain types of
    audit and non-audit services that are anticipated to be provided
    by PwC during a calendar year and, provided the services are
    within the scope and value standards set forth in the
    procedures, pre-approve those engagements. The scope and value
    criteria are reviewed annually. These procedures require both
    audit and non-audit services to be approved by the Audit
    Committee prior to engaging PwC.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    In recommending PwC as the funds&#146; independent registered
    public accounting firm, the Audit Committee has considered the
    compensation provided to PwC for audit and non-audit services to
    the adviser and the Adviser Affiliates, and has determined that
    such compensation is not incompatible with maintaining
    PwC&#146;s independence.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    With respect to Investors, the aggregate amount of non-audit
    fees paid by the fund were $2,928 and $2,979 for the fiscal
    years ended October&#160;31, 2009 and October&#160;31, 2010,
    respectively. With respect to Income Securities, the aggregate
    amount of non-audit fees paid by the fund were $6,428 and $2,979
    for the fiscal years ended October&#160;31, 2009 and
    October&#160;31, 2010, respectively. The aggregate amount of
    non-audit fees paid by the adviser and Adviser Affiliates that
    provide services to the funds were $8,197,653 for the fiscal
    year ended October&#160;31, 2009 and $3,063,789 for the fiscal
    year ended October&#160;31, 2010.
</DIV>
<!-- XBRL Pagebreak Begin -->

<P align="center" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <BR>
    16
</DIV><!-- END PAGE WIDTH -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 87%; margin-left: 6%"><!-- BEGIN PAGE WIDTH -->
<!-- XBRL Pagebreak End -->

<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: 'Times New Roman', Times">MISCELLANEOUS</FONT></B>
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: 'Times New Roman', Times">Voting;
    Quorum; Adjournment</FONT></B>
</DIV>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    The following votes are required to approve the proposal:
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
<!-- Table Width Row BEGIN -->
<TR style="font-size: 1pt" valign="bottom">
    <TD width="20%">&nbsp;</TD>	<!-- colindex=01 type=maindata -->
    <TD width="8%">&nbsp;</TD>	<!-- colindex=02 type=gutter -->
    <TD width="72%">&nbsp;</TD>	<!-- colindex=02 type=maindata -->
</TR>
<!-- Table Width Row END -->
<!-- TableOutputHead -->
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="left" valign="bottom">
    <B>Proposal</B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    <B>Vote Required</B>
</TD>
</TR>
<TR style="font-size: 1pt" valign="bottom" align="center">
<TD colspan="3" align="center" valign="bottom" style="font-size: 1pt; border-bottom: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR style="line-height: 3pt; font-size: 1pt">
<TD>&nbsp;
</TD>
</TR>
<!-- TableOutputBody -->
<TR valign="bottom" style="line-height: 6pt">
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -10pt; margin-left: 10pt">
    <B>Election of Trustees</B>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD align="left" valign="top">
    A plurality of all votes cast, assuming a quorum exists.* A
    &#147;plurality&#148; means that the eleven nominees up for
    election receiving the greatest number of votes will be elected
    as Trustees, regardless of the number of votes cast.
</TD>
</TR>
</TABLE>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">

</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV style="font-size: 1pt; margin-left: 0%; width: 13%;  align: left; border-bottom: 1pt solid #000000"></DIV>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>



<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">

<TR>
    <TD width="2%"></TD>
    <TD width="1%"></TD>
    <TD width="97%"></TD>
</TR>

<TR>
    <TD align="left" valign="top">
    *&#160;</TD>
    <TD></TD>
    <TD valign="bottom">
    In order for a &#147;quorum&#148; to exist, a majority of the
    shares outstanding and entitled to vote must be present at the
    meeting, either in person or by proxy, determined in accordance
    with the table below.</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    The proposal described in this proxy statement is considered a
    routine matter on which brokers holding shares in &#147;street
    name&#148; may vote without instruction under the rules of the
    New York Stock Exchange, on which the funds&#146; shares are
    listed.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    The following table summarizes how the quorum and voting
    requirements are determined.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
<!-- Table Width Row BEGIN -->
<TR style="font-size: 1pt" valign="bottom">
    <TD width="24%">&nbsp;</TD>	<!-- colindex=01 type=maindata -->
    <TD width="6%">&nbsp;</TD>	<!-- colindex=02 type=gutter -->
    <TD width="32%">&nbsp;</TD>	<!-- colindex=02 type=maindata -->
    <TD width="6%">&nbsp;</TD>	<!-- colindex=03 type=gutter -->
    <TD width="32%">&nbsp;</TD>	<!-- colindex=03 type=maindata -->
</TR>
<!-- Table Width Row END -->
<!-- TableOutputHead -->
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="left" valign="bottom">
    <B>Shares</B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    <B>Quorum</B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    <B>Voting</B>
</TD>
</TR>
<TR style="font-size: 1pt" valign="bottom" align="center">
<TD colspan="5" align="center" valign="bottom" style="font-size: 1pt; border-bottom: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR style="line-height: 3pt; font-size: 1pt">
<TD>&nbsp;
</TD>
</TR>
<!-- TableOutputBody -->
<TR valign="bottom" style="line-height: 6pt">
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="top">
<DIV style="text-indent: -10pt; margin-left: 10pt">
    <B>In General</B>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD align="left" valign="top">
    All shares &#147;present&#148; in person or by proxy are counted
    in determining whether a quorum exists.
</TD>
<TD>
&nbsp;
</TD>
<TD align="left" valign="top">
    Shares present in person will be voted in person by the
    shareholder at the meeting. Shares present by proxy will be
    voted by the proxy holder in accordance with instructions
    specified in the proxy.
</TD>
</TR>
<TR valign="bottom" style="line-height: 6pt">
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="top">
<DIV style="text-indent: -10pt; margin-left: 10pt">
    <B>Broker Non-Vote</B>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD align="left" valign="top">
    Considered &#147;present&#148; at meeting.
</TD>
<TD>
&nbsp;
</TD>
<TD align="left" valign="top">
    Not voted. Same effect as a vote &#147;against&#148; the
    proposal.
</TD>
</TR>
<TR valign="bottom" style="line-height: 6pt">
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
    <B>Proxy with No Voting<BR>
    Instruction (other than <BR>
    Broker Non-Vote)</B>
</TD>
<TD>
&nbsp;
</TD>
<TD align="left" valign="top">
    Considered &#147;present&#148; for determining whether a quorum
    exists.
</TD>
<TD>
&nbsp;
</TD>
<TD align="left" valign="top">
    Will be voted &#147;for&#148; the proposal by the proxy holder.
</TD>
</TR>
<TR valign="bottom" style="line-height: 6pt">
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -10pt; margin-left: 10pt">
    <B>Vote to Abstain</B>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD align="left" valign="top">
    Considered &#147;present&#148; for determining whether a quorum
    exists.
</TD>
<TD>
&nbsp;
</TD>
<TD align="left" valign="top">
    Same effect as a vote &#147;against&#148; the proposal.
</TD>
</TR>
</TABLE>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">

</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    If a quorum is not present, the persons named as proxies may
    vote their proxies to adjourn the meeting to a later date. If a
    quorum is present, but there are insufficient votes to approve
    the proposal, the persons named as proxies may propose one or
    more adjournments of the meeting to permit further solicitation.
    Shareholder action may be taken on the proposal prior to such
    adjournment. Any such adjournment will require the affirmative
    vote of a majority of those shares present at the Annual Meeting
    in person or by proxy.
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: 'Times New Roman', Times">Expenses
    and Methods of Solicitation</FONT></B>
</DIV>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    The costs of the meeting, other than the solicitation of
    proxies, will be allocated on a pro rata basis based on each
    fund&#146;s assets. The costs for the solicitation of proxies
    will be borne equally by each fund, as detailed below. Persons
    holding shares as nominees will be reimbursed by the relevant
    fund, upon request, for their reasonable expenses in sending
    soliciting material to the principals of the accounts. In
    addition to the solicitation of proxies by mail, Trustees,
    officers and employees of the funds or of the funds&#146;
    investment adviser may solicit proxies in person, by email or by
    telephone. John Hancock Advisers, LLC, 601 Congress Street,
    Boston, Massachusetts 02210, serves as each fund&#146;s
    investment adviser and administrator. Mellon Investor Services
    LLC has been retained to assist in the solicitation of proxies
    at a cost of approximately $2,000 per fund plus reasonable
    expenses (including the cost of maintaining an Internet Web site
    where the proxy materials are available).
</DIV>
<!-- XBRL Pagebreak Begin -->

<P align="center" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <BR>
    17
</DIV><!-- END PAGE WIDTH -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 87%; margin-left: 6%"><!-- BEGIN PAGE WIDTH -->
<!-- XBRL Pagebreak End -->

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: 'Times New Roman', Times">Telephone
    Voting</FONT></B>
</DIV>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    In addition to soliciting proxies by mail, by fax or in person,
    the funds may also arrange to have votes recorded by telephone
    by officers and employees of the funds or by the personnel of
    the adviser, the transfer agent or solicitor. The telephone
    voting procedure is designed to verify a shareholder&#146;s
    identity, to allow a shareholder to authorize the voting of
    shares in accordance with the shareholder&#146;s instructions
    and to confirm that the voting instructions have been properly
    recorded.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="4%"></TD>
    <TD width="2%"></TD>
    <TD width="94%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <TD>&nbsp;</TD>
    <TD>    &#149;&#160;
</TD>
    <TD align="left">
    A shareholder will be called on a recorded line at the telephone
    number in a fund&#146;s account records and will be asked to
    provide certain identifying information.
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <TD>&nbsp;</TD>
    <TD>    &#149;&#160;
</TD>
    <TD align="left">
    The shareholder will then be given an opportunity to authorize
    proxies to vote his or her shares at the meeting in accordance
    with the shareholder&#146;s instructions.
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    Alternatively, a shareholder may call the funds&#146; Voice
    Response Unit to vote:
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="4%"></TD>
    <TD width="2%"></TD>
    <TD width="94%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <TD>&nbsp;</TD>
    <TD>    &#149;&#160;
</TD>
    <TD align="left">
    Read the proxy statement and have your proxy card at hand.
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <TD>&nbsp;</TD>
    <TD>    &#149;&#160;
</TD>
    <TD align="left">
    Call the toll-free-number located on your proxy card.
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <TD>&nbsp;</TD>
    <TD>    &#149;&#160;
</TD>
    <TD align="left">
    Follow recorded instructions.
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    With both methods of telephone voting, to ensure that the
    shareholder&#146;s instructions have been recorded correctly,
    the shareholder will also receive a confirmation of the voting
    instructions.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    If the shareholder decides after voting by telephone to attend
    the meeting, the shareholder can revoke the proxy at that time
    and vote the shares at the meeting.
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: 'Times New Roman', Times">Internet
    Voting</FONT></B>
</DIV>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    You will also have the opportunity to submit your voting
    instructions via the Internet by utilizing a program provided
    through a vendor. Voting via the Internet will not affect your
    right to vote in person if you decide to attend the meeting. Do
    not mail the proxy card if you are voting via the Internet. To
    vote via the Internet, you will need the information on your
    proxy card. These Internet voting procedures are designed to
    authenticate shareholder identities, to allow shareholders to
    give their voting instructions and to confirm that
    shareholders&#146; instructions have been recorded properly. If
    you are voting via the Internet you should understand that there
    may be costs associated with electronic access, such as usage
    charges from Internet access providers and telephone companies,
    which costs you must bear.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    To vote via the Internet:
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="4%"></TD>
    <TD width="2%"></TD>
    <TD width="94%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <TD>&nbsp;</TD>
    <TD>    &#149;&#160;
</TD>
    <TD align="left">
    Read the proxy statement and have your card on hand.
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <TD>&nbsp;</TD>
    <TD>    &#149;&#160;
</TD>
    <TD align="left">
    Go to the Web site listed on the card.
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <TD>&nbsp;</TD>
    <TD>    &#149;&#160;
</TD>
    <TD align="left">
    Follow the directions on the Web site. Please call
    <FONT style="white-space: nowrap">1-800-852-0218</FONT>
    if you have any problems.
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <TD>&nbsp;</TD>
    <TD>    &#149;&#160;
</TD>
    <TD align="left">
    To ensure that your instructions have been recorded correctly,
    you will receive a confirmation of your voting instructions
    immediately after your submission.
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: 'Times New Roman', Times">The
    Funds&#146; Adviser and Subadviser</FONT></B>
</DIV>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    The funds&#146; investment adviser is John Hancock Advisers,
    LLC, 601 Congress Street, Boston, Massachusetts 02210. An
    affiliate of the adviser, MFC Global Investment Management
    (U.S.), LLC, 101 Huntington Avenue, Boston, Massachusetts 02199,
    serves as subadviser to each fund.
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: 'Times New Roman', Times">Other
    Matters</FONT></B>
</DIV>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    The management of the funds knows of no business to be brought
    before the meeting, except as described above. If, however, any
    other matters were properly to come before the meeting, the
    persons named in the enclosed form of proxy intend to vote on
    such matters in accordance with their best judgment. If any
</DIV>
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    <BR>
    18
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<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    shareholders desire additional information about the matters
    proposed for action, the management of the funds will provide
    further information.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    The meeting is scheduled as a joint meeting of the respective
    shareholders of the funds because the shareholders of the funds
    are generally expected to consider and vote on similar matters.
    The Boards of Trustees of the funds have determined that the use
    of this joint proxy statement for the meetings is in the best
    interest of each fund&#146;s shareholders. In the event that any
    shareholder present at the meetings objects to the holding of a
    joint meeting and moves for an adjournment of the annual meeting
    with respect to his or her fund to a time immediately after the
    annual meetings so that his or her fund&#146;s meeting may be
    held separately, the persons named as proxies will vote in favor
    of that adjournment.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    The shareholders of each fund will vote separately on the
    proposal, and voting by shareholders of one fund will have no
    effect on the outcome of voting by shareholders of the other
    fund.
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>



<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: 'Times New Roman', Times">SHAREHOLDER
    PROPOSALS</FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    Shareholder proposals, including nominees for Trustee, intended
    to be presented at a fund&#146;s annual meeting in 2012 must be
    received by that fund at its offices at 601 Congress Street,
    Boston, Massachusetts 02210, by no later than the close of
    business on August&#160;2, 2011, for inclusion in that
    fund&#146;s proxy statement and form of proxy relating to that
    meeting (subject to certain exceptions), in accordance with
    <FONT style="white-space: nowrap">Rule&#160;14a-8</FONT>
    under the Exchange Act. Written notice of a shareholder proposal
    submitted outside of the processes of
    <FONT style="white-space: nowrap">Rule&#160;14a-8</FONT>
    must be delivered to the Secretary of the relevant fund at 601
    Congress Street, Boston, Massachusetts 02210 no later than the
    close of business on September&#160;1, 2011 and no earlier than
    August&#160;2, 2011. In order to be included in a fund&#146;s
    proxy statement and form of proxy, a shareholder proposal must
    comply with all applicable legal requirements. Timely submission
    of a proposal does not guarantee that such proposal will be
    included.
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>



<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: 'Times New Roman', Times">IT IS
    IMPORTANT THAT PROXIES BE RETURNED PROMPTLY</FONT></B>
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>



<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: 'Times New Roman', Times">JOHN
    HANCOCK INVESTORS TRUST<BR>
    JOHN HANCOCK INCOME SECURITIES TRUST</FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    Dated: November&#160;30, 2010
</DIV>
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    <BR>
    19
</DIV><!-- END PAGE WIDTH -->
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<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 87%; margin-left: 6%"><!-- BEGIN PAGE WIDTH -->
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<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: 'Times New Roman', Times">ATTACHMENT
    1<BR>
    </FONT></B>
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: 'Times New Roman', Times">JOHN
    HANCOCK FUNDS<BR>
    </FONT></B>
</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: 'Times New Roman', Times">AUDIT
    COMMITTEE CHARTER</FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    A.&#160;<I>Composition.</I>&#160;The Audit Committee (the
    &#147;Committee&#148;) shall be composed exclusively of Trustees
    who are not &#147;interested persons&#148; as defined in the
    Investment Company Act of 1940 of any of the funds, or of any
    fund&#146;s investment adviser or principal underwriter (the
    &#147;Independent Trustees&#148;). The Committee shall be
    composed of at least three Independent Trustees who are
    designated for membership from time to time by the Board of
    Trustees. Unless otherwise determined by the Board, no member of
    the Committee may serve on the audit committee of more than two
    other public companies (other than another John Hancock Fund).
    Except as otherwise permitted by the applicable rules of the New
    York Stock Exchange, each member of the Committee shall be
    independent as defined by such rules and
    <FONT style="white-space: nowrap">Rule&#160;10A-3(b)(1)</FONT>
    of the Exchange Act. No member of the Committee may receive,
    directly or indirectly, any consulting, advisory or other
    compensatory fee from a fund, other than fees paid in his or her
    capacity as a member or chair of the Board of Trustees or of a
    committee of the Board of Trustees. Each member of the Committee
    must be financially literate, as such qualification is
    interpreted by the Board of Trustees in its business judgment,
    or must become financially literate within a reasonable period
    of time after his or her appointment to the Committee. At least
    one member of the Committee must have accounting or related
    financial management expertise, as the Board of Trustees
    interprets such qualification in its business judgment.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    B.&#160;<I>Overview.</I>&#160;The Committee&#146;s purpose is to:
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="4%"></TD>
    <TD width="3%"></TD>
    <TD width="93%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <TD>&nbsp;</TD>
    <TD>    1.&#160;
</TD>
    <TD align="left">
    assist the Board in fulfilling its oversight responsibilities of
    (1)&#160;the integrity of the funds&#146; financial statements,
    (2)&#160;the funds&#146; compliance with legal and regulatory
    requirements (except to the extent such responsibility is
    delegated to another committee), (3)&#160;the independent
    auditor&#146;s qualifications and independence, and (4)&#160;the
    performance of the funds&#146; independent auditors;
</TD>
</TR>

<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <TD>&nbsp;</TD>
    <TD>    2.&#160;
</TD>
    <TD align="left">
    act as a liaison between the funds&#146; independent accountants
    and the Board of Trustees;&#160;and
</TD>
</TR>

<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <TD>&nbsp;</TD>
    <TD>    3.&#160;
</TD>
    <TD align="left">
    oversee the preparation of an Audit Committee Report as required
    by the Securities and Exchange Commission (the &#147;SEC&#148;)
    to the extent required to be included in the closed-end
    funds&#146; annual proxy statement.
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    The Committee shall discharge its responsibilities, and shall
    access the information provided by the funds&#146; management
    and independent auditors, in accordance with its business
    judgment. Management is responsible for the preparation of the
    fund&#146;s financial statements, the maintenance of appropriate
    systems for accounting and internal controls over financial
    reporting. The Committee and the Board of Trustees recognize
    that management and the independent auditors have more
    experience, expertise, resources and time, and more detailed
    knowledge and information regarding a fund&#146;s accounting,
    auditing, internal control and financial reporting practices
    than the Committee does. Accordingly, the Committee&#146;s
    oversight role does not provide any expert or special assurance
    as to the financial statements and other financial information
    provided by a fund to its shareholders and others. The
    independent auditors are responsible for auditing the
    funds&#146; annual financial statements. The authority and
    responsibilities set forth in this charter recognize that the
    Committee members are not acting as accountants or auditors and
    this charter does not reflect or create any duty or obligation
    of the Committee to plan or conduct any audit, to determine or
    certify that any fund&#146;s financial statements are complete,
    accurate, fairly presented, or in accordance with generally
    accepted accounting principles or applicable law, or to
    guarantee any independent auditor&#146;s report.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    C.&#160;<I>Oversight.</I>&#160;The independent auditors shall
    report directly to the Committee, and the Committee shall be
    responsible for oversight of the work of the independent
    auditors, including resolution of any disagreements between any
    fund&#146;s management and the independent auditors regarding
    financial reporting. In connection with its oversight role, the
    Committee should also review with the independent auditors, from
    time to time as appropriate: significant risks and uncertainties
    with respect to the quality, accuracy or fairness of
    presentation of a fund&#146;s financial statements; recently
    disclosed problems with respect to the quality, accuracy or
    fairness of presentation of the financial statements of
    companies similarly situated to the funds and recommended
    actions
</DIV>
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    <BR>
    20
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<DIV style="width: 87%; margin-left: 6%"><!-- BEGIN PAGE WIDTH -->
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<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    which might be taken to prevent or mitigate the risk of problems
    at the funds arising from such matters; accounting for unusual
    transactions; adjustments arising from audits that could have a
    significant impact on the funds&#146; financial reporting
    process; and any recent SEC comments on the funds&#146; SEC
    reports, including, in particular, any compliance comments. The
    Committee should inquire of the independent auditor concerning
    the quality, not just the acceptability, of the funds&#146;
    accounting determinations and other judgmental areas and
    question whether management&#146;s choices of accounting
    principles are, as a whole, conservative, moderate or aggressive.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    D.&#160;<I>Specific Responsibilities.</I>&#160;The Committee
    shall have the following duties and powers, to be exercised at
    such times and in such manner as the Committee shall deem
    necessary or appropriate:
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="4%"></TD>
    <TD width="4%"></TD>
    <TD width="92%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <TD>&nbsp;</TD>
    <TD>    &#160;1.&#160;
</TD>
    <TD align="left">
    To approve, and recommend to the Board of Trustees for its
    ratification and approval in accord with applicable law, the
    selection, appointment and retention of an independent auditor
    for each fund prior to the engagement of such independent
    auditor and, at an appropriate time, its compensation. The
    Committee should meet with the independent auditor prior to the
    audit to discuss the planning and staffing of the audit. The
    Committee should periodically consider whether, in order to
    assure continuing auditor independence, there should be regular
    rotation of the independent audit firm.
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <TD>&nbsp;</TD>
    <TD>    &#160;2.&#160;
</TD>
    <TD align="left">
    To periodically review and evaluate the lead partner and other
    senior members of the independent auditor&#146;s team and
    confirm the regular rotation of the lead audit partner and
    reviewing partner as required by Section&#160;203 of the
    Sarbanes-Oxley Act.
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <TD>&nbsp;</TD>
    <TD>    &#160;3.&#160;
</TD>
    <TD align="left">
    To pre-approve all non-audit services provided by the
    independent auditor to the fund or to the fund&#146;s investment
    adviser and any entity controlling, controlled by, or under
    common control with the investment adviser that provides ongoing
    services to the fund, if the engagement relates directly to the
    operations and financial reporting of the fund.
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <TD>&nbsp;</TD>
    <TD>    &#160;4.&#160;
</TD>
    <TD align="left">
    The Committee is authorized to delegate, to the extent permitted
    by law, pre-approval responsibilities for non-audit services to
    one or more members of the Committee who shall report to the
    Committee regarding approved services at the Committee&#146;s
    next regularly scheduled meeting. The Committee is also
    authorized to adopt policies and procedures which govern the
    pre-approval of audit, audit-related, tax and other services
    provided by the independent accountants to the funds or to a
    service provider as referenced in Paragraph&#160;3, provided
    however, that any such policies and procedures are detailed as
    to particular services, the Committee is informed of each
    service, and any such policies and procedures do not include the
    delegation of the Committee&#146;s responsibilities under the
    Securities Exchange Act of 1934 or applicable rules or listing
    requirements.
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <TD>&nbsp;</TD>
    <TD>    &#160;5.&#160;
</TD>
    <TD align="left">
    To meet periodically, including separately, with independent
    auditors, with management&#146;s internal auditors, and with the
    funds&#146; senior management to, as appropriate:
    (i)&#160;review the arrangements for and scope of the annual
    audit and any special audits; (ii)&#160;review, to the extent
    required by applicable law or regulation, the form and substance
    of the closed-end funds&#146; financial statements and reports,
    including each closed-end fund&#146;s disclosures under
    &#147;Management&#146;s Discussion of Fund Performance&#148; and
    to discuss any matters of concern relating to the funds&#146;
    financial statements, including any adjustments to such
    statements recommended by the independent accountants, or other
    results of an audit; (iii)&#160;consider the independent
    accountants&#146; comments with respect to the funds&#146;
    financial policies, procedures and internal accounting controls
    and management&#146;s responses thereto; (iv)&#160;review the
    resolution of any disagreements between the independent
    accountants and management regarding the funds&#146; financial
    reporting; and (v)&#160;review the form of opinion on financial
    statements that the independent accountants propose to render to
    the Board and shareholders. The Committee should request from
    the independent auditors a frank discussion regarding their
    assessment of management, and shall review reports from
    management&#146;s internal auditors regarding matters affecting
    the funds or services provided by management to the funds. If
    any fund establishes an internal audit function, the Committee
    shall assist the Board in fulfilling its oversight
    responsibilities over the performance thereof.
</TD>
</TR>

</TABLE>
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    21
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<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="4%"></TD>
    <TD width="4%"></TD>
    <TD width="92%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <TD>&nbsp;</TD>
    <TD>    &#160;6.&#160;
</TD>
    <TD align="left">
    With respect to any listed fund, to consider whether it will
    recommend to the Board of Trustees that the audited financial
    statements be included in a fund&#146;s annual report. The Board
    delegates to the Committee the authority to release the
    funds&#146; financial statements for publication in the annual
    and semi-annual report, subject to the Board&#146;s right to
    review and ratify such financial statements following
    publication. With respect to each fund, to review and discuss
    with each fund&#146;s management and independent auditor the
    funds&#146; audited financial statements and the matters about
    which Statement on Auditing Standards No.&#160;61, as amended
    requires discussion. With respect to any listed fund, the
    Committee shall prepare an annual committee report for inclusion
    where necessary in the proxy statement of a fund relating to its
    annual meeting of security holders or in any other filing
    required by the SEC&#146;s rules.
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <TD>&nbsp;</TD>
    <TD>    &#160;7.&#160;
</TD>
    <TD align="left">
    To receive and consider reports on the audit functions of the
    independent auditors and the extent and quality of their
    auditing programs.
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <TD>&nbsp;</TD>
    <TD>    &#160;8.&#160;
</TD>
    <TD align="left">
    To obtain and review, at least annually, a report by the
    independent auditor describing: the firm&#146;s internal
    quality-control procedures; any material issues raised by the
    most recent internal quality-control review, or peer review, of
    the firm, or by any inquiry or investigation by governmental or
    professional authorities, within the preceding five years,
    respecting one or more independent audits carried out by the
    firm, and any steps taken to deal with any such issues; and all
    relationships between the independent auditor and each fund,
    including the disclosures required by any applicable
    Independence Standards Board Standard. The Committee shall
    engage in an active dialogue with each independent auditor
    concerning any disclosed relationships or services that might
    impact the objectivity and independence of the auditor.
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <TD>&nbsp;</TD>
    <TD>    &#160;9.&#160;
</TD>
    <TD align="left">
    To review with the independent auditor any problems that may be
    reported to it arising out of a fund&#146;s accounting, auditing
    or financial reporting functions and management&#146;s response,
    and to receive and consider reports on critical accounting
    policies and practices and alternative treatments discussed with
    management.
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <TD>&nbsp;</TD>
    <TD>    10.&#160;
</TD>
    <TD align="left">
    To review securities pricing procedures and review their
    implementation with management, independent auditors and others
    as may be required, except with respect to the Funds&#146;
    <FONT style="white-space: nowrap">Rule&#160;2a-7</FONT>
    policies and procedures.
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <TD>&nbsp;</TD>
    <TD>    11.&#160;
</TD>
    <TD align="left">
    To establish procedures for the receipt, retention, and
    treatment of complaints received by a fund regarding accounting,
    internal accounting controls, or auditing matters, and the
    confidential, anonymous submission by employees of the
    investment adviser, administrator, principal underwriter or any
    other provider of accounting-related services for a listed fund,
    as well as employees of the fund, if any, regarding questionable
    accounting or auditing matters, as and when required by
    applicable rules or listing requirements.
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <TD>&nbsp;</TD>
    <TD>    12.&#160;
</TD>
    <TD align="left">
    With respect to any listed fund, to discuss guidelines and
    policies to govern the process by which financial risk
    assessment and financial risk management is undertaken. The
    Committee is not the sole body responsible for oversight of risk
    assessment and risk management, which is primarily the role of
    management, but will discuss guidelines and policies.
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <TD>&nbsp;</TD>
    <TD>    13.&#160;
</TD>
    <TD align="left">
    With respect to any listed fund, to set clear hiring policies
    for employees or former employees of the independent auditors.
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <TD>&nbsp;</TD>
    <TD>    14.&#160;
</TD>
    <TD align="left">
    To report regularly to the Board of Trustees, including
    providing the Committee&#146;s conclusions
    <FONT style="white-space: nowrap">and/or</FONT>
    recommendations with respect to the independent auditor and the
    funds&#146; financial statements and accounting controls.
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    E.&#160;<I>Subcommittees.</I>&#160;The Committee may, to the
    extent permitted by applicable law, form and delegate authority
    to one or more subcommittees (including a subcommittee
    consisting of a single member), as it deems appropriate from
    time to time under the circumstances. Any decision of a
    subcommittee to preapprove audit or non-audit services shall be
    presented to the full Committee at its next meeting.
</DIV>
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    <BR>
    22
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<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    F.&#160;<I>Additional Responsibilities.</I>&#160;The Committee
    shall perform other tasks assigned to it from time to time by
    the Board of Trustees, and will report findings and
    recommendations to the Board of Trustees, as appropriate.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    G.&#160;<I>Funding.</I>&#160;Each fund shall provide for
    appropriate funding, as determined by the Committee for payment
    of:
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="4%"></TD>
    <TD width="3%"></TD>
    <TD width="93%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <TD>&nbsp;</TD>
    <TD>    1.&#160;
</TD>
    <TD align="left">
    Compensation to any registered public accounting firm engaged
    for the purpose of preparing or issuing an audit report or
    performing other audit, review or attest services for the fund.
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <TD>&nbsp;</TD>
    <TD>    2.&#160;
</TD>
    <TD align="left">
    Compensation to any counsel, advisers, experts or consultants
    engaged by the Committee under Paragraph&#160;J of this charter.
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <TD>&nbsp;</TD>
    <TD>    3.&#160;
</TD>
    <TD align="left">
    Ordinary administrative expenses of the Committee that are
    necessary or appropriate in carrying out its duties.
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    H.&#160;<I>Governance.</I>&#160;One member of the Committee
    shall be appointed as chair by the Board of Trustees. The chair
    shall be responsible for leadership of the Committee, including
    scheduling meetings or reviewing and approving the schedule for
    them, preparing agendas or reviewing and approving them before
    meetings, presiding over meetings, and making reports to the
    Board of Trustees, as appropriate. The designation of a person
    as an &#147;audit committee financial expert&#148;, within the
    meaning of the rules under Section&#160;407 of the
    Sarbanes-Oxley Act of 2002, shall not impose any greater
    responsibility or liability on that person than the
    responsibility and liability imposed on such person as a member
    of the Committee, nor shall it decrease the duties and
    obligations of other Committee members or the Board of Trustees.
    Any additional compensation of Committee members shall be as
    determined by the Board of Trustees. The members of the
    Committee should confirm that the minutes of the
    Committee&#146;s meetings accurately describe the issues
    considered by the Committee, the process the Committee used to
    discuss and evaluate such issues and the Committee&#146;s final
    determination of how to proceed. The minutes should document the
    Committee&#146;s consideration of issues in a manner that
    demonstrates that the Committee acted with due care.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    I.&#160;<I>Evaluation.</I>&#160;At least annually, the Committee
    shall evaluate its own performance, including whether the
    Committee is meeting frequently enough to discharge its
    responsibilities appropriately.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    J.&#160;<I>Miscellaneous.</I>&#160;The Committee shall meet as
    often as it deems appropriate, with or without management, as
    circumstances require. The Committee shall have the resources
    and authority appropriate to discharge its responsibilities,
    including the authority to retain special counsel and other
    advisers, experts or consultants, at the funds&#146; expense, as
    it determines necessary to carry out its duties. The Committee
    shall have direct access to such officers of and service
    providers to the funds as it deems desirable.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    K.&#160;<I>Review.</I>&#160;The Committee shall review this
    charter at least annually and shall recommend such changes to
    the Board of Trustees as it deems desirable.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    Last revised:&#160;March&#160;12, 2010
</DIV>
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    <BR>
    23
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<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: 'Times New Roman', Times">AUDIT
    COMMITTEE REPORT</FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    The information contained in this report shall not be deemed to
    be &#147;soliciting material&#148; or &#147;filed&#148; or
    incorporated by reference in future filings with the SEC, or
    subject to the liabilities of Section&#160;18 of the Securities
    Exchange Act of 1934, except to the extent that we specifically
    incorporate it by reference into a document filed under the
    Securities Act of 1933 or the Securities Exchange Act of 1934.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    The Audit Committee has reviewed and discussed with the
    Funds&#146; management and PricewaterhouseCoopers the audited
    financial statements of the Funds contained in the Annual
    Reports for the fiscal year ended October&#160;31, 2009. The
    Audit Committee has also discussed with PricewaterhouseCoopers
    the matters required to be discussed pursuant to Auditing
    Standards No.&#160;61, as amended (AICPA, Professional
    Standards, Vol. 1 AU Section&#160;380), which includes, among
    other items, matters related to the conduct of the audit of the
    Funds&#146; financial statements.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    The Audit Committee has received and reviewed the written
    disclosures and the letter from PricewaterhouseCoopers required
    by applicable requirements of the Public Company Accounting
    Oversight Board regarding PricewaterhouseCoopers&#146;
    communications with the Audit Committee concerning independence
    and has discussed with PricewaterhouseCoopers its independence.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    Based on the review and discussions referred to above, the Audit
    Committee recommended to the Board of Trustees that the audited
    financial statements be included in each Fund&#146;s Annual
    Report for filing with the Securities and Exchange Commission.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>



<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <FONT style="font-family: 'Times New Roman', Times">Submitted by
    the Audit Committee
    </FONT>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <FONT style="font-family: 'Times New Roman', Times">Stanley
    Martin, Chairman<BR>
    Deborah C. Jackson<BR>
    Steven R. Pruchansky
    </FONT>
</DIV>
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    <BR>
    24
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<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: 'Times New Roman', Times">ATTACHMENT
    2</FONT></B>
</DIV>

<DIV style="margin-top: 18pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <B>JOHN HANCOCK FUNDS</B>
</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <B>NOMINATING, GOVERNANCE AND ADMINISTRATION COMMITTEE
    CHARTER</B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    A.&#160;<I>Composition.</I>&#160;The Nominating, Governance and
    Administration Committee (the &#147;Committee&#148;) shall be
    composed entirely of Trustees who are &#147;independent&#148; as
    defined in the rules of the New York Stock Exchange
    (&#147;NYSE&#148;) or any other exchange, as applicable, and are
    not &#147;interested persons&#148; as defined in the Investment
    Company Act of 1940 of any of the funds, or of any fund&#146;s
    investment adviser or principal underwriter (the
    &#147;Independent Trustees&#148;) who are designated for
    membership from time to time by the Board of Trustees. The
    Chairman of the Board shall be a member of the Committee.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    B.&#160;<I>Overview.</I>&#160;The overall charter of the
    Committee is to make determinations and recommendations to the
    Board on issues related to the composition and operation of the
    Board and corporate governance matters applicable to the
    Independent Trustees, as well as issues related to complex-wide
    matters and practices designed to facilitate uniformity and
    administration of the Board&#146;s oversight of the funds, and
    to discharge such additional duties, responsibilities and
    functions as are delegated to it from time to time.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    C.&#160;<I>Specific Responsibilities.</I>&#160;The Committee
    shall have the following duties and powers, to be exercised at
    such times and in such manner as the Committee shall deem
    necessary or appropriate:
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="4%"></TD>
    <TD width="4%"></TD>
    <TD width="92%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <TD>&nbsp;</TD>
    <TD>    &#160;1.&#160;
</TD>
    <TD align="left">
    To consider and determine nominations of individuals to serve as
    Trustees.
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <TD>&nbsp;</TD>
    <TD>    &#160;2.&#160;
</TD>
    <TD align="left">
    To consider, as it deems necessary or appropriate, the criteria
    for persons to fill existing or newly created Trustee vacancies.
    The Committee shall use the criteria and principles set forth in
    Annex&#160;A to guide its Trustee selection process.
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <TD>&nbsp;</TD>
    <TD>    &#160;3.&#160;
</TD>
    <TD align="left">
    To consider and determine the amount of compensation to be paid
    by the funds to the Independent Trustees, including incremental
    amounts, if any, payable to Committee Chairmen, and to address
    compensation-related matters. The Chairman of the Board has been
    granted the authority to approve special compensation to
    Independent Trustees in recognition of any significant amount of
    additional time and service to the funds required of them,
    subject to ratification of any such special compensation by the
    Committee at the next regular meeting of the Committee.
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <TD>&nbsp;</TD>
    <TD>    &#160;4.&#160;
</TD>
    <TD align="left">
    To consider and determine the duties and compensation of the
    Chairman of the Board.
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <TD>&nbsp;</TD>
    <TD>    &#160;5.&#160;
</TD>
    <TD align="left">
    To consider and recommend changes to the Board regarding the
    size, structure, and composition of the Board.
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <TD>&nbsp;</TD>
    <TD>    &#160;6.&#160;
</TD>
    <TD align="left">
    To evaluate, from time to time, and determine changes to the
    retirement policies for the Independent Trustees, as appropriate.
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <TD>&nbsp;</TD>
    <TD>    &#160;7.&#160;
</TD>
    <TD align="left">
    To develop and recommend to the Board, if deemed desirable,
    guidelines for corporate governance (&#147;Corporate Governance
    Guidelines&#148;) for the funds that take into account the rules
    of the NYSE and any applicable law or regulation, and to
    periodically review and assess the Corporate Governance
    Guidelines and recommend any proposed changes to the Board for
    approval.
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <TD>&nbsp;</TD>
    <TD>    &#160;8.&#160;
</TD>
    <TD align="left">
    To monitor all expenditures and practices of the Board or the
    Committees or the Independent Trustees not otherwise incurred
    <FONT style="white-space: nowrap">and/or</FONT>
    monitored by a particular Committee, including, but not limited
    to: D&#038;O insurance and fidelity bond coverage and costs;
    association dues, including Investment Company Institute
    membership dues; meeting expenditures and policies relating to
    reimbursement of travel expenses and expenses associated with
    offsite meetings; expenses and policies associated with Trustee
    attendance at educational or informational conferences; and
    publication expenses.
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <TD>&nbsp;</TD>
    <TD>    &#160;9.&#160;
</TD>
    <TD align="left">
    To consider, evaluate and make recommendations and necessary
    findings regarding independent legal counsel and any other
    advisers, experts or consultants, that may be engaged by the
    Board of Trustees, by the Trustees who are not &#147;interested
    persons&#148; as defined in the Investment Company Act of 1940
</TD>
</TR>
<!-- XBRL Paragraph Pagebreak -->

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    <BR>
    25
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<DIV style="width: 87%; margin-left: 6%"><!-- BEGIN PAGE WIDTH -->
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<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="8%"></TD>
    <TD width="4%"></TD>
    <TD width="88%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <TD>&nbsp;</TD>
    <TD>
</TD>
    <TD align="left">
    of any of the funds or any fund&#146;s investment adviser or
    principal underwriter, or by the Committee, from time to time,
    other than as may be engaged directly by another Committee.
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="4%"></TD>
    <TD width="4%"></TD>
    <TD width="92%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <TD>&nbsp;</TD>
    <TD>    10.&#160;
</TD>
    <TD align="left">
    To periodically review the Board&#146;s committee structure and
    the charters of the Board&#146;s committees, and recommend to
    the Board of Trustees changes to the committee structure and
    charters as it deems appropriate.
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <TD>&nbsp;</TD>
    <TD>    11.&#160;
</TD>
    <TD align="left">
    To coordinate and administer an annual self-evaluation of the
    Board, which will include, at a minimum, a review of its
    effectiveness in overseeing the number of funds in the fund
    complex and the effectiveness of its committee structure.
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <TD>&nbsp;</TD>
    <TD>    12.&#160;
</TD>
    <TD align="left">
    To report its activities to Board of Trustees and to make such
    recommendations with respect to the matters described above and
    other matters as the Committee may deem necessary or appropriate.
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    D.&#160;<I>Additional Responsibilities.</I>&#160;The Committee
    will also perform other tasks assigned to it from time to time
    by the Chairman of the Board or by the Board of Trustees, and
    will report findings and recommendations to the Board of
    Trustees, as appropriate.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    E.&#160;<I>Governance.</I>&#160;One member of the Committee
    shall be appointed as chair. The chair shall be responsible for
    leadership of the Committee, including scheduling meetings or
    reviewing and approving the schedule for them, preparing agendas
    or reviewing and approving them before meetings, and making
    reports to the Board of Trustees, as appropriate.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    F.&#160;<I>Miscellaneous.</I>&#160;The Committee shall meet as
    often as it deems appropriate, with or without management, as
    circumstances require. The Committee shall have the resources
    and authority appropriate to discharge its responsibilities,
    including the authority to retain special counsel and other
    advisers, experts or consultants, at the funds&#146; expense, as
    it determines necessary to carry out its duties. The Committee
    shall have direct access to such officers of and service
    providers to the funds as it deems desirable.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    G.&#160;<I>Evaluation.</I>&#160;At least annually, the Committee
    shall evaluate its own performance, including whether the
    Committee is meeting frequently enough to discharge its
    responsibilities appropriately.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    H.&#160;<I>Review.</I>&#160;The Committee shall review this
    Charter periodically and recommend such changes to the Board of
    Trustees as it deems desirable.
</DIV>
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    <BR>
    26
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<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: 'Times New Roman', Times">ANNEX&#160;A</FONT></B>
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: 'Times New Roman', Times">General
    Criteria</FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="4%"></TD>
    <TD width="4%"></TD>
    <TD width="92%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <TD>&nbsp;</TD>
    <TD>    1.&#160;&#160;
</TD>
    <TD align="left">
    Nominees should have a reputation for integrity, honesty and
    adherence to high ethical standards.
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <TD>&nbsp;</TD>
    <TD>    2.&#160;&#160;
</TD>
    <TD align="left">
    Nominees should have demonstrated business acumen, experience
    and ability to exercise sound judgments in matters that relate
    to the current and long-term objectives of the funds and should
    be willing and able to contribute positively to the
    decision-making process of the funds.
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="4%"></TD>
    <TD width="3%"></TD>
    <TD width="93%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <TD>&nbsp;</TD>
    <TD>    3.&#160;
</TD>
    <TD align="left">
    Nominees should have a commitment to understand the funds, and
    the responsibilities of a trustee/director of an investment
    company and to regularly attend and participate in meetings of
    the Board and its committees.
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="4%"></TD>
    <TD width="4%"></TD>
    <TD width="92%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <TD>&nbsp;</TD>
    <TD>    4.&#160;&#160;
</TD>
    <TD align="left">
    Nominees should have the ability to understand the sometimes
    conflicting interests of the various constituencies of the
    funds, including shareholders and the management company, and to
    act in the interests of all shareholders.
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <TD>&nbsp;</TD>
    <TD>    5.&#160;&#160;
</TD>
    <TD align="left">
    Nominees should not have, nor appear to have, a conflict of
    interest that would impair their ability to represent the
    interests of all the shareholders and to fulfill the
    responsibilities of a director/trustee.
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: 'Times New Roman', Times">Application
    of Criteria to Existing Trustees</FONT></B>
</DIV>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    The renomination of existing Trustees should not be viewed as
    automatic, but should be based on continuing qualification under
    the criteria set forth above. In addition, the Nominating,
    Governance and Administration Committee (the
    &#147;Committee&#148;) shall consider the existing
    Trustee&#146;s performance on the Board and any committee.
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: 'Times New Roman', Times">Review of
    Shareholder Nominations</FONT></B>
</DIV>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    Any shareholder nomination must be submitted in compliance with
    all of the pertinent provisions of
    <FONT style="white-space: nowrap">Rule&#160;14a-8</FONT>
    under the Securities Exchange Act of 1934 in order to be
    considered by the Committee. In evaluating a nominee recommended
    by a shareholder, the Committee, in addition to the criteria
    discussed above, may consider the objectives of the shareholder
    in submitting that nomination and whether such objectives are
    consistent with the interests of all shareholders. If the Board
    determines to include a shareholder&#146;s candidate among the
    slate of its designated nominees, the candidate&#146;s name will
    be placed on the funds&#146; proxy card. If the Board determines
    not to include such candidate among its designated nominees, and
    the shareholder has satisfied the requirements of
    <FONT style="white-space: nowrap">Rule&#160;14a-8,</FONT>
    the shareholder&#146;s candidate will be treated as a nominee of
    the shareholder who originally nominated the candidate. In that
    case, the candidate will not be named on the proxy card
    distributed with the funds&#146; proxy statement.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    As long as an existing Independent Trustee continues, in the
    opinion of the Committee, to satisfy the criteria listed above,
    the Committee generally would favor the re-nomination of an
    existing Trustee rather than a new candidate. Consequently,
    while the Committee will consider nominees recommended by
    shareholders to serve as trustees, the Committee may only act
    upon such recommendations if there is a vacancy on the Board, or
    the Committee determines that the selection of a new or
    additional Trustee is in the best interests of the fund. In the
    event that a vacancy arises or a change in Board membership is
    determined to be advisable, the Committee will, in addition to
    any shareholder recommendations, consider candidates identified
    by other means, including candidates proposed by members of the
    Committee. The Committee may retain a consultant to assist the
    Committee in a search for a qualified candidate.
</DIV>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>
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    <BR>
    27
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</DIV>
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    <BR>
    28
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    <BR>
    29
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<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <B><FONT style="font-size: 42pt; font-family: Arial, Helvetica">Thank<BR>
    You<BR>
    </FONT></B>
</DIV>

<DIV style="margin-top: 18pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <B><I><FONT style="font-size: 14pt; font-family: Arial, Helvetica">for
    mailing<BR>
    your proxy<BR>
    card promptly!</FONT></I></B>
</DIV>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV><DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV><DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV><DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV><DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV><DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV><DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV><DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV><DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV><DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV><DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV><DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV><IMG src="b83411a1b8341104.gif" alt="graphic"><FONT style="font-size: 14pt">     </FONT>
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="right" style="margin-left: 0%; margin-right: 0%; font-size: 8pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <FONT style="font-family: 'Times New Roman', Times">P56PX 11/10
    </FONT>
</DIV>
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<P align="left" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">

</DIV><!-- END PAGE WIDTH -->
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<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>


<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV align="center" style="font-size: 13pt; margin-top: 18pt"><B>YOUR VOTE IS IMPORTANT. PLEASE VOTE TODAY.</B>
</DIV>


<DIV align="Center" style="font-size: 11pt; margin-top: 3pt"><B>We encourage you to take advantage of Internet or telephone voting.<BR>
Both are available 24 hours a day, 7&nbsp;days a week.</B><br><B>You can also vote by mail.</B>

</DIV>

<DIV align="Center" style="font-size: 10pt; margin-top: 3pt">Internet and telephone voting is available through 11:59 PM Eastern Time the day prior to the shareholder meeting date.
</DIV>

<DIV style="position: relative; float: left; width: 58%">



<DIV align="center" style="font-size: 14pt; margin-top: 68pt"><B>JOHN HANCOCK INVESTORS TRUST
</B>
</DIV>

</DIV>
<DIV style="position: relative; float: right; width: 38%; margin-top: 3pt; padding-bottom: 3px">

<DIV style="width: 100%; border: 1px solid black; padding: 12px; padding-top: 3px">


<DIV align="center" style="font-size: 11pt; margin-top: 3pt"><B>INTERNET<BR>
http://www.proxyvoting.com/jhf2</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 3pt"><DIV style="text-align: justify">Use the Internet to vote your proxy. Have your proxy card in hand when you access the web site.</DIV>
</DIV>
</DIV>


<DIV align="center" style="font-size: 12pt; margin-top: 2pt"><B>OR</B>
</DIV>


<DIV style="width: 100%; border: 1px solid black; padding: 12px; padding-top: 3px; padding-bottom: 3px">


<DIV align="center" style="font-size: 11pt; margin-top: 3pt"><B>TELEPHONE<BR>
1-866-540-5760</B>
</DIV>


<DIV align="justify" style="font-size: 10pt; margin-top: 3pt">Use any touch-tone telephone to vote your proxy. Have your proxy card in hand when you call.</DIV>

</DIV>



<DIV align="center" style="font-size: 12pt; margin-top: 2pt"><B>OR</B>
</DIV>


<DIV style="width: 100%; border: 1px solid black; padding: 12px; padding-top: 3px; padding-bottom: 3px">


<DIV align="center" style="font-size: 11pt; margin-top: 3pt"><B>MAIL</B>
</DIV>


<DIV align="justify" style="font-size: 10pt; margin-top: 3pt">Mark, sign and date your proxy card and return it in the enclosed postage-paid envelope.
</DIV>

</DIV>


<DIV align="left" style="font-size: 8pt; margin-top: 2pt; margin-left: 5%">
<DIV style="text-align: justify">If you vote your proxy by Internet or by telephone, you do NOT need to mail back your proxy
card. </DIV>
</DIV>

<DIV align="left" style="font-size: 8pt; margin-top: 3pt; margin-left: 5%"><DIV style="text-align: justify"><B>Your Internet or telephone vote authorizes the named proxies to vote your shares in the same manner
as if you marked, signed and returned your proxy card.</B></DIV>
</DIV>

</DIV>
<BR clear="all"><BR><BR>

<DIV align="left">
<TABLE style="font-size: 7pt" cellspacing="0" border="0" cellpadding="0" width="10%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="47%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="47%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px"><font style="font-size: 6pt">WO#</font>
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><font style="font-size: 6pt">Fulfillment#</font></TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top">84193
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">84296</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>





<DIV align="center" style="font-size: 8pt; margin-top: 18pt"><B>&#9660; FOLD AND DETACH HERE &#9660;</B>
</DIV>

<DIV align="center">
<TABLE style="font-size: 6pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom" style="font-size: 16pt">
    <TD width="73%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="10%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="middle"><DIV style="margin-left:0px; text-indent:-0px"><B>THE BOARD OF TRUSTEES RECOMMENDS A VOTE FOR EACH OF THE NOMINEES.</B>
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" nowrap>Please mark your votes as <BR>indicated
in this example
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><FONT face="Wingdings" style="font-size: 20pt">&#120;</FONT></TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV style="position: relative; float: left; width: 48%">
<DIV align="center">
<TABLE style="font-size: 8pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="1%"></TD>
    <TD width="1%"></TD>
    <TD width="30%"></TD>
    <TD width="1%"></TD>
    <TD width="30%"></TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">1.
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Election of Trustees:</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="30%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="30%">&nbsp;</TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">(01) James F. Carlin
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">(07) Patti McGill Peterson </TD>
</TR>
<tr style="font-size: 3pt"><td>&nbsp;</tD></tR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">(02) William H. Cunningham
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">(08) John A. Moore</TD>
</TR>

<tr style="font-size: 3pt"><td>&nbsp;</tD></tR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">(03) Deborah C. Jackson
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">(09) Steven R. Pruchansky</TD>
</TR>

<tr style="font-size: 3pt"><td>&nbsp;</tD></tR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">(04) Charles L. Ladner
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">(10) Gregory A. Russo</TD>
</TR>

<tr style="font-size: 3pt"><td>&nbsp;</tD></tR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">(05) Stanley Martin
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">(11) John G. Vrysen</TD>
</TR>

<tr style="font-size: 3pt"><td>&nbsp;</tD></tR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">(06) Hugh McHaffie
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"></TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="left">
<TABLE style="font-size: 5pt" cellspacing="0" border="0" cellpadding="0" width="70%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="25%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="21%">&nbsp;</TD>
    <TD width="26%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="13%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">

    <TD align="right" valign="top"><FONT face="Wingdings" style="font-size: 15pt">&#111;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">FOR<BR>
ALL<BR>
NOMINEES
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><FONT face="Wingdings" style="font-size: 15pt">&#111;</FONT>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">WITHHOLD<BR>
FOR ALL<BR>
NOMINEES</TD>
</TR>
<TR valign="bottom">
    <TD width="13%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="21%">&nbsp;</TD>
    <TD width="26%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="13%">&nbsp;</TD>
</TR>
<tr style="font-size: 10pt"><td>&nbsp;</tD></tR>
<TR valign="bottom">
    <TD width="13%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="21%">&nbsp;</TD>
    <TD width="26%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="13%">&nbsp;</TD>
</TR>

<TR style="font-size: 1px">
    <TD align="right" valign="top" rowspan="2"><FONT face="Wingdings" style="font-size: 15pt">&#111;</FONT>
</TD>

    <TD>&nbsp;</TD>
    <TD colspan="5" valign="top" align="left" style="border-top: 1px solid #000000">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD>&nbsp;</TD>
    <TD colspan="5" valign="top" align="left"><font style="font-size: 7pt">For all nominees except as noted above</font></TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="center" style="margin-top: 12pt">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="93%">&nbsp;</TD>
    <TD width="7%">&nbsp;</TD>

</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD valign="top" style="border-top: 2px solid #000000; border-right: 2px solid #000000"><br><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>


</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="center" style="margin-top: 6pt">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="7%">&nbsp;</TD>
    <TD width="93%">&nbsp;</TD>

</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top" style="border-bottom: 2px solid #000000; border-left: 2px solid #000000"><br><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>

</TR>
<!-- End Table Body -->
</TABLE>
</DIV>
</DIV>
<DIV style="position: relative; float: right; width: 48%">

<DIV align="center" style="font-size: 11pt; margin-top: 18pt"><font style="width: 100%; border-bottom: 2px solid #000000; font-size: 1px">&nbsp;</font>
<B>JOHN HANCOCK INVESTORS TRUST</B>
</DIV>
<DIV style="width: 100%; border-top: 2px solid #000000; font-size: 1px">&nbsp;</DIV>





<DIV align="Center" style="font-size: 8pt; margin-top: 3pt"><B>THIS PROXY IS SOLICITED BY THE BOARD OF TRUSTEES</B>

</DIV>
<DIV align="left" style="font-size: 8pt; margin-top: 18pt"><DIV style="text-align: justify"><B>Specify your vote by marking the appropriate spaces. If no specification is made, this proxy will be voted for the nominees named in the proxy statement. The persons named as proxies have
discretionary authority, which they intend to exercise in favor of the proposal referred to and
according to their best judgment as to any other matters which may properly come before the
meeting.

</B></DIV>
</DIV>

<DIV align="left" style="font-size: 7pt; margin-top: 6pt">Please be sure to sign and date this Proxy.
</DIV>


<DIV align="center" style="margin-top: 30pt">
<TABLE style="font-size: 6pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="38%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="9%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" nowrap>Please Mark Here for<br> Address Change or<br> Comments <br>SEE REVERSE

</TD>
    <TD>&nbsp;</TD>
    <TD colspan="1" align="right" valign="top"><FONT face="Wingdings" style="font-size: 20pt">&#111;</FONT></TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


</DIV>

<BR clear="all">

<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="center">
<TABLE style="font-size: 8pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom" style="font-size: 16pt">
    <TD width="4%">&nbsp;</TD>
    <TD width="9%">&nbsp;</TD>
    <TD width="6%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>

    <TD width="2%">&nbsp;</TD>

    <TD width="6%">&nbsp;</TD>
    <TD width="9%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>

    <TD width="4%">&nbsp;</TD>

    <TD width="9%">&nbsp;</TD>
    <TD width="6%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>

    <TD width="2%">&nbsp;</TD>

    <TD width="9%">&nbsp;</TD>
    <TD width="6%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top" nowrap><DIV style="margin-left:0px; text-indent:-0px"><B>Signature:</B>&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><B>Date:</B>&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" nowrap><B>Signature:</B>&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" nowrap><B>Date:</B>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>

    <TD colspan="2" align="left" valign="top" style="border-top: 1px solid #000000">&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>

    <TD  colspan="2" align="left" valign="top" style="border-top: 1px solid #000000">&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>

    <TD  colspan="2" align="left" valign="top" style="border-top: 1px solid #000000">&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>

    <TD  colspan="2" align="left" valign="top" style="border-top: 1px solid #000000">&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>
 </div>
<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>




<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>
<DIV style="font-family: Helvetica,Arial,sans-serif">

<DIV align="left" style="font-size: 60pt">&nbsp;</DIV>

<Div style="margin-left: 12%; margin-right: 12%; margin-top: 30pt">
<DIV style="width: 100%; border: 1px solid black; padding: 5px">

<DIV align="JUSTIFY" style="font-size: 10pt; margin-top: 6pt">Choose <B>MLink</B><SUP style="FONT-size: 85%; vertical-align: text-top"><B>SM </B></SUP>for fast, easy and secure 24/7 online access to your future proxy
materials, investment plan statements, tax documents and more. Simply log on to <B>Investor
ServiceDirect</B><SUP style="FONT-size: 85%; vertical-align: text-top"><B><SUP style="FONT-size: 85%; vertical-align: text-top">&#174;</SUP> </B></SUP>at <U>www.bnymellon.com/shareowner/isd</U> where step-by-step instructions will
prompt you through enrollment.</DIV>
</div></DIV>

<DIV align="JUSTIFY" style="font-size: 10pt; margin-top: 42pt; margin-left: 5%; margin-right: 5%"><b>Important notice regarding the Internet
 availability of proxy materials for the Annual Meeting of Shareholders.</b> The President&#146;s Letter, Notice of Annual Meeting of Shareholders,
and Proxy Statement are available at: <b><u>http://www.proxyvoting.com/jhf2</u>.</b></DIV>

<DIV align="center" style="font-size: 9pt; margin-top: 80pt"><B>&#9660; FOLD AND DETACH HERE &#9660;</B></DIV>

<DIV align="Center" style="font-size: 12pt; margin-top: 20pt"><B>JOHN HANCOCK INVESTORS TRUST </B></DIV>

<DIV align="Center" style="font-size: 11pt; margin-top: 3pt"><B>Annual Meeting of Shareholders</B></DIV>

<DIV align="Center" style="font-size: 11pt; margin-top: 3pt"><B>January&nbsp;21, 2011</B></DIV>

<DIV align="JUSTIFY" style="font-size: 7pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
The undersigned shareholder of John Hancock Investors Trust (the &#147;Fund&#148;) hereby appoints KEITH F. HARTSTEIN,
SALVATORE SCHIAVONE, THOMAS M. KINZLER, CHARLES A. RIZZO, KINGA KAPUSCINSKI, and JULIE B. LYMAN, and each of
them singly, proxies and attorneys of the undersigned, with full power of substitution to each, for and in the name of the undersigned,
to vote and act upon all matters at the Annual Meeting of Shareholders of the Fund to be held on Friday, January 21, 2011 at the offices
of the Fund, 601 Congress Street, Boston, Massachusetts 02210, at 2:00 p.m., Eastern time, and at any and all adjournments thereof,
in respect of all common shares of the Fund held by the undersigned or in respect of which the undersigned would be entitled to vote
or act, with all powers the undersigned would possess if personally present. All proxies previously given by the undersigned in respect
of said meeting are hereby revoked.
<BR><BR></DIV>

<DIV style="width: 100%; border: 1px solid black; padding: 6px">

<DIV align="center" style="font-size: 9pt; margin-top: 0pt"><B>PLEASE VOTE, DATE AND SIGN ON REVERSE SIDE AND RETURN PROMPTLY IN THE ENCLOSED ENVELOPE.</B></DIV>

</DIV>

<DIV align="left" style="font-size: 4pt">&nbsp;</DIV>
<DIV style="width: 100%; border: 1px solid black; padding: 6px">

<DIV align="JUSTIFY" style="font-size: 9pt; margin-top: 0pt">
Please complete, sign, date and return this proxy in the enclosed envelope as soon as possible. Please sign exactly as your name or
names appear in the box on the reverse side. When signing as Attorney, Executor, Administrator, Trustee or Guardian, please give
your full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership,
please sign in partnership name by authorized person.
</DIV></DIV>

<p><BR>

<DIV style="position: relative; float: left; width: 40%; margin-left: 2%">
<DIV style="width: 100%; border: 1px solid black; padding: 0px">

<DIV align="center" style="font-size: 9pt; margin-top: 0pt"><FONT style="font-size:7pt"><B>Address Change/Comments</B></FONT><BR>
<FONT style="font-size:6pt"><B>(Mark the corresponding box on the reverse side)</B></FONT><BR>

<DIV style="width: 100%; border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV><BR><BR><BR><BR><BR><BR><BR><BR></DIV>

</DIV>

</DIV>
<DIV style="position: relative; float: right; width: 58%">

<DIV align="left" style="font-size: 8pt; margin-left: 5%">BNY MELLON SHAREOWNER SERVICES<BR>
P.O. BOX 3550<BR>
SOUTH HACKENSACK, NJ 07606-9250</DIV>

</div>
<BR clear="all"><BR>

<DIV align="right" style="margin-top: -40pt">
<TABLE style="font-size: 7pt" cellspacing="0" border="0" cellpadding="0" width="10%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="47%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="47%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="center" valign="top"><font style="font-size: 6pt">WO#</font>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><font style="font-size: 6pt">Fulfillment#</font></TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top">84193
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">84296</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>
<DIV style="font-family: Helvetica,Arial,sans-serif">

<DIV align="center" style="font-size: 17pt; margin-top: 18pt">
<DIV style="font-family: 'Times New Roman',Times,serif"><B>*** Exercise Your </B><B><I>Right </I></B><B>to Vote ***</B></DIV></DIV>

<DIV align="center" style="font-size: 12pt"><B>IMPORTANT NOTICE Regarding the Availability of Proxy Materials</B><BR>
<B>For the Shareholder Meeting to be held on January&nbsp;21, 2011.</B></DIV>

<P><DIV style="position: relative; float: left; width: 5%">
<DIV align="left" style="font-size: 10pt; margin-top: 238pt"><IMG src="b83411a1b8341106.gif" alt="(NUMBER)"></DIV>

</DIV>
<DIV style="position: relative; float: left; margin-left: 2%; width: 41%">

<DIV align="center" style="font-size: 12pt; margin-top: 18pt"><B>JOHN HANCOCK INVESTORS TRUST</B></DIV>

</DIV>
<DIV style="position: relative; float: right; width: 44%">
<P>
<DIV style="width: 100%; border: 1px solid black; padding: 11px">

<DIV align="center" style="font-size: 11pt; margin-top: 4pt"><U><B>Meeting Information</B></U></DIV>

<DIV align="left" style="font-size: 9pt; margin-top: 3pt"><B>Meeting Type: </B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Annual Meeting of Shareholders</DIV>

<DIV align="left" style="font-size: 9pt; margin-top: 3pt"><B>For holders as of: </B>&nbsp;&nbsp;November&nbsp;8, 2010</DIV>

<DIV align="left" style="font-size: 9pt; margin-top: 3pt"><B>Date:</B>&nbsp;&nbsp;January&nbsp;21, 2011&nbsp;&nbsp;<B>Time:</B>&nbsp;&nbsp;2:00 p.m. EST</DIV>

<DIV align="left" style="margin-top: 3pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 9pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD width="96%"></TD>
</TR>
<TR valign="top">
    <TD nowrap align="left"><B>Location:</B></TD>
    <TD>&nbsp;</TD>
    <TD>601 Congress Street <BR>Boston, Massachusetts 02210
</TD>
</TR>
<TR style="font-size:3pt"><TD>&nbsp;</TD></TR>
<TR style="font-size: 7pt">
<TD colspan="3" nowrap><B>Directions to meeting: </B>http://materials.proxyvote.com/JH/Proxy</TD>
</TR>
</TABLE>
</DIV>

</DIV>


<DIV align="justify" style="font-size: 9.5pt; margin-top: 3pt"><div align="justify">You are receiving this communication because you hold shares in the above named company.</DIV></div>

<DIV align="justify" style="font-size: 9.5pt; margin-top: 6pt"><div align="justify">This is not a ballot. You cannot use this notice to vote these shares. <B>This communication
presents only an overview of the more complete proxy materials that are available to you on the
Internet. </B>You may view the proxy materials online at <I>www.proxyvote.com </I>or easily request a paper
copy (see reverse side of this notice).</div>
</DIV>

<DIV align="justify" style="font-size: 9.5pt; margin-top: 6pt"><div align="justify"><B>We encourage you to access and review all of the important information contained in the proxy materials before voting.</B></div>
</DIV>

<DIV style="margin-top: 3pt">
<DIV style="width: 100%; border: 1px solid black; padding: 0px; background: #000000">

<DIV align="center">
<TABLE style="font-size: 11pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="100%"></TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV align="justify" style="margin-left:0px; text-indent:-0px; padding: 2px 2px 2px 2px; color: #ffffff"><B>See the reverse side of this notice to obtain proxy materials and voting instructions.</B></div></TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>
</DIV>
</DIV>

</DIV>
<BR clear="all"><BR>


<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>
<DIV style="font-family: Helvetica,Arial,sans-serif">

<P><DIV style="position: relative; float: left; width: 4%">

<DIV align="center" style="font-size: 10pt; margin-top: 330pt"><IMG src="b83411a1b8341107.gif" alt="(NUMBER)">
</DIV>
</DIV>
<DIV style="position: relative; float: right; width: 93%">

<DIV align="center" style="font-size: 18pt; margin-top: 18pt"><DIV style="font-family: 'Times New Roman',Times,serif"> &#151; <B>Before You Vote </B>&#151;</DIV></DIV>

<DIV align="Center" style="font-size: 12pt; margin-top: 0pt">How to Access the Proxy Materials</DIV>

<DIV style="margin-top: 0pt">
<DIV style="width: 100%; border: 1px solid black; padding: 5px">
<DIV align="left" style="font-size: 10pt; margin-top: 0pt"><B>Proxy Materials Available to VIEW or RECEIVE:</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 1pt"><div align="justify"> <B>NOTICE OF ANNUAL MEETING AND PROXY STATEMENT (INCLUDES PRESIDENT&#146;S LETTER)</B>

</DIV></div>

<DIV align="left" style="font-size: 10pt; margin-top: 1pt"><B>How to View Online:</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 1pt"><div align="justify">Have the 12-Digit Control Number available (located on the following page) and visit:
<I>www.proxyvote.com. </I>
</DIV></div>

<DIV align="left" style="font-size: 10pt; margin-top: 1pt"><B>How to Request and Receive a PAPER or E-MAIL Copy:</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 1pt"><div align="justify"><B>If you want to receive a paper or e-mail copy of these documents, you must request one, otherwise
you will not receive a paper or e-mail copy of these documents. There is NO charge to you for
requesting a copy. Please choose one of the following methods to make your request:</B>
</DIV></div>

<DIV align="center">
<TABLE style="font-size: 9pt" cellspacing="0" border="0" cellpadding="0" width="70%">
<!-- Begin Table Head -->
<TR valign="bottom" style="font-size: 1pt">
    <TD width="15%">&nbsp;</TD>
    <TD width="10%">&nbsp;</TD>
    <TD width="75%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">1) <I>BY INTERNET</I>:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">www.proxyvote.com</TD>
</TR>
<TR valign="bottom">
    <TD valign="top" nowrap><DIV style="margin-left:0px; text-indent:-0px">2) <I>BY TELEPHONE</I>:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">1-800-579-1639</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">3) <I>BY E-MAIL</I>*:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">sendmaterial@proxyvote.com</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV style="margin-top: 1pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 9pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">*</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><div align="justify">If requesting materials by e-mail, please send a blank e-mail with the 12-Digit Control
Number (located on the following page) in the subject line.</div></TD>
</TR>

</TABLE>
</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 3pt"><div align="justify">Requests, instructions and other inquiries sent to this e-mail address will NOT be forwarded to
your investment advisor.<BR><B>Please make the request as instructed above on or before January 10, 2011 to facilitate timely delivery.</B></DIV>
</DIV>

</DIV>
</DIV>


<DIV align="center" style="font-size: 18pt; margin-top: 6pt"><DIV style="font-family: 'Times New Roman',Times,serif"> &#151; <B>How To Vote</B> &#151;</DIV></DIV>

<DIV align="Center" style="font-size: 12pt; margin-top: 0pt">Please Choose One of the Following Voting Methods</DIV>

<DIV style="margin-top: 1pt">
<DIV style="width: 100%; border: 1px solid black; padding: 5px">
<DIV align="left" style="font-size: 10pt; margin-top: 3pt"><div align="justify"><B>Vote In Person: </B>If you choose to vote these shares in person at the meeting, you must request a
&#147;<I>legal proxy.</I>&#148; To do so, please follow the instructions at <I>www.proxyvote.com </I>or request a paper
copy of the materials, which will contain the appropriate instructions. Many shareholder meetings
have attendance requirements including, but not limited to, the possession of an attendance ticket
issued by the entity holding the meeting. Please check the meeting materials for any special
requirements for meeting attendance.</div>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 3pt"><div align="justify"><B>Vote By Internet: </B>
To vote now by Internet, go to <I>www.proxyvote.com. </I>Have the 12-Digit Control
Number available and follow the instructions.</div>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 3pt"><div align="justify"><B>Vote By Mail: </B>You can vote by mail by requesting a paper copy of the materials, which will include
a voting instruction form.</div>
</DIV>
</DIV>
</DIV>
</DIV>
<BR clear="all"><BR>

<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>
<DIV style="font-family: Helvetica,Arial,sans-serif">

<P><DIV style="position: relative; float: left; width: 4%">
<DIV align="center" style="font-size: 10pt; margin-top: 220pt"><IMG src="b83411a1b8341108.gif" alt="(NUMBER)"></DIV>

</DIV>
<DIV style="position: relative; float: right; width: 93%">
<DIV align="center">
<TABLE style="font-size: 8pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="2%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="19%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="43%">&nbsp;</TD>
    <TD width="18%">&nbsp;</TD>
    <TD width="18%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR style="font-size: 1px">
    <TD colspan="5" valign="top" align="left" style="border-top: 2px solid #000000; border-left: 2px solid #000000; border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD colspan="5" style="border-left: 2px solid #000000; border-right: 2px solid #000000" valign="top" align="center"><B>Voting Items</B></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>

<TR style="font-size: 1px">
    <TD colspan="5" valign="top" align="left" style="border-top: 2px solid #000000; border-right: 0px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" style="border-top: 3px solid #000000; border-right: 3px solid #000000">&nbsp;</TD>
</TR>
<TR style="font-size: 6px"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" style="border-top: 0px solid #000000; border-right: 3px solid #000000">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD colspan="5" valign="top" align="justify"><DIV align="justify"><B>The Board of Trustees recommends that you vote FOR the following:</B></DIV></TD>
    <TD align="right"  valign="top">&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" style="border-top: 0px solid #000000; border-right: 3px solid #000000">&nbsp;</TD>
</TR>
<TR style="font-size: 3px"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" style="border-top: 0px solid #000000; border-right: 3px solid #000000">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">1.</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" colspan="5"><DIV align="justify" style="margin-right: 64%">To elect eleven (11)&nbsp;Trustees to serve until their respective successors have been duly elected
and qualified.</Div></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR style="font-size: 3px"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR style="font-size: 3px"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">01) &nbsp;&nbsp;James F. Carlin <BR>
02) &nbsp;&nbsp;William H. Cunningham <BR>
03) &nbsp;&nbsp;Deborah C. Jackson <BR>
04) &nbsp;&nbsp;Charles L. Ladner <BR>
05) &nbsp;&nbsp;Stanley Martin<BR>
06) &nbsp;&nbsp;Hugh McHaffie</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" colspan="3">07) &nbsp;&nbsp;Patti McGill Peterson<BR>
08) &nbsp;&nbsp;John A. Moore<BR>
09) &nbsp;&nbsp;Steven R. Pruchansky<BR>
10) &nbsp;&nbsp;Gregory A. Russo<BR>
11) &nbsp;&nbsp;John G. Vrysen<BR>
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 6pt" ><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 8pt">
    <TD valign="top" nowrap colspan="7" style="border-top: 1px solid #000000; border-bottom: 1px solid #000000"><DIV style="padding: 3px; margin-left:0px; text-indent:-0px">NOTE: To transact such other business as may properly come before the meeting or any adjournment of
the meeting.</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>

<!-- End Table Body -->
</TABLE>
</DIV>

</DIV>
<BR clear="all"><BR>

<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>


<DIV style="font-family: Helvetica,Arial,sans-serif">
<P><DIV style="position: relative; float: left; width: 6%">
<DIV align="left" style="font-size: 10pt; margin-top: 220pt"><IMG src="b83411a1b8341109.gif" alt="(NUMBER)">
</DIV>

</DIV>
<DIV style="position: relative; float: right; width: 90%">
<DIV align="center">
<TABLE style="font-size: 8pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="2%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="22%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="40%">&nbsp;</TD>
    <TD width="21%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR style="font-size: 1px">
    <TD colspan="5" valign="top" align="left" style="border-top: px solid #000000; border-left: px solid #000000; border-right: px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD colspan="5" style="border-left: px solid #000000; border-right: px solid #000000" valign="top" align="center"><B>&nbsp;</B></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>

<TR style="font-size: 10px">
    <TD colspan="5" valign="top" align="left" style="border-top: 0px solid #000000; border-right: 0px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" style="border-top: 3px solid #000000; border-right: 3px solid #000000">&nbsp;</TD>
</TR>
<TR style="font-size: 6px"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" style="border-top: 0px solid #000000; border-right: 3px solid #000000">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD colspan="5" valign="top" align="justify">&nbsp;</TD>
    <TD align="right"  valign="top">&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" style="border-top: 0px solid #000000; border-right: 3px solid #000000">&nbsp;</TD>
</TR>
<TR style="font-size: 3px"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" style="border-top: 0px solid #000000; border-right: 3px solid #000000">&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 80pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" colspan="3">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><DIV style="margin-left:25px; text-indent:-25px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR style="font-size: 3px"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top" align="center" colspan="5" style="border: 2px solid #000000; padding: 2px 0px 2px 0px"><DIV style="margin-left:0px; text-indent:-0px"><B>Voting Instructions</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

</DIV>
<BR clear="all"><BR>

<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>
<DIV style="font-family: Helvetica,Arial,sans-serif">

<DIV align="center" style="font-size: 15pt; margin-top: 18pt"><B>John Hancock Investors Trust</B></DIV>

<DIV align="Center" style="font-size: 11pt; margin-top: 6pt"><B>Important Notice Regarding the Availability of Proxy Materials for the Shareholder Meeting to Be Held on Friday, January&nbsp;21, 2011.</B></DIV>

<DIV align="center">
<P>
<DIV style="width: 75%;  border: 1px solid black; padding: 1px">

<DIV align="center" style="font-size: 11pt; margin-top: 1pt"><B>The President&#146;s Letter, Notice of Annual Meeting of Shareholders and Proxy Statement are available at: http://www.proxyvoting.com/jhf2</B></DIV>

</DIV>
</div>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="49%">&nbsp;</TD>
    <TD width="7%">&nbsp;</TD>
    <TD width="42%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="center" rowspan="2" valign="top" style="border: 1px solid #000000; font-size: 15pt"><BR><B>John Hancock Investors Trust</B></TD>
    <TD>&nbsp;</TD>
    <TD valign="top" style="font-size: 8pt">
<DIV align="justify"><B><I>If you want to receive a paper or e-mail copy of these documents, you must request one, otherwise you will not receive a paper or e-mail copy of these documents. There is no charge to you for
requesting a copy. Please make your request for a copy as instructed below on or before January&nbsp;11,
2011 to facilitate timely delivery.</I></B></DIV>
<DIV align="left" style="font-size: 4pt">&nbsp;</DIV></TD>
</TR>
<TR valign="bottom">
    <TD>&nbsp;</TD>
    <TD align="justify" valign="top" style="border: 1px solid #000000; padding: 3px">
<DIV align="center" style="margin-left:0px; text-indent:-0px; font-size: 9pt"><B><u>TO REQUEST PAPER COPIES OF PROXY MATERIALS:</u></B><BR>
<Font style="font-size: 7pt">(please reference your 11-digit control number when requesting materials)</Font></div>
<DIV style="margin-left:0px; text-indent:-0px; margin-top: 2pt; font-size: 7pt">By opting out to receive printed materials, your
preference for future proxy mailings will be
kept on our file.</Div>

<DIV style="margin-left:80px; text-indent:-80px; margin-top: 2pt; font-size: 6pt">Telephone:&nbsp;&nbsp;&nbsp;<B>1-888-313-0164 <I>(outside of the U.S. and
Canada call 201-680-6688)</I></B></Div>

<DIV style="margin-left:65px; text-indent:-65px; margin-top: 2pt; font-size: 7.5pt">Email:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>shrrelations@bnymellon.com</B><br>
<I>(you must reference your 11-digit control number in your email)</I></Div>

<DIV style="margin-left:0px; text-indent:-0px; margin-top: 2pt; font-size: 8pt">Internet:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>http://www.proxyvoting.com/jhf2</B></Div>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="center" style="font-size: 9.5pt; margin-top: 20pt"><B>This communication is not a form for voting and presents only an overview of the more complete<BR> proxy materials that are available to you on the Internet.</B></DIV>

<DIV align="center" style="font-size: 9.5pt; margin-top: 3pt"><B>We encourage you to access and review all of the important information contained in the proxy materials before voting.</B></DIV>

<DIV align="left" style="font-size: 9.5pt; margin-top: 20pt">To Shareholders of John Hancock Investors Trust:</DIV>

<DIV align="left" style="font-size: 9.5pt; margin-top: 12pt">The 2011 Annual Meeting of Shareholders of John Hancock Investors Trust will be held at 601
Congress Street, Boston, Massachusetts 02210, on Friday, January&nbsp;21, 2011, at 2:00 p.m., Eastern
Time.</DIV>

<DIV align="justify" style="font-size: 9.5pt; margin-top: 12pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Proposals to be considered at the Annual Meeting:</DIV>

<DIV align="justify" style="font-size: 9.5pt; margin-top: 12pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1)&nbsp;To elect eleven (11)&nbsp;Trustees to serve until their respective successors have been duly elected
and qualified; and</DIV>

<DIV align="justify" style="font-size: 9.5pt; margin-top: 12pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2)&nbsp;To transact such other business as may properly come before  the meeting or any
            adjournment of the meeting.</DIV>

<DIV align="center" style="font-size: 9.5pt; margin-top: 12pt"><B>The Board of Trustees recommends that you vote in favor of the proposal.</B></DIV>

<DIV align="justify" style="font-size: 9.5pt; margin-top: 12pt">Shareholders of record of John Hancock Investors Trust as of the close of business on November&nbsp;8,
2010 (the &#147;Record Date&#148;) are entitled to notice of, and to vote at, the fund&#146;s Annual Meeting and
at any adjournment thereof.</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt">
<Font style="border: 1px solid #000000; padding: 8px; width: 65%"> <B>TO VOTE YOUR SHARES SEE INSTRUCTIONS ON THE REVERSE SIDE.</B><BR>
<font style="font-size: 9.5pt"><I>This is not a proxy card. You cannot use this notice to vote your shares.</I></FONT></FONT></DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="55%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="36%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="font-size: 9pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top" nowrap><B>CONTROL NUMBER</B></TD>
</TR>

<TR valign="bottom" style="font-size: 7pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD style="border-left: 1px solid #000000; border-top: 1px solid #000000">&nbsp;</TD>
    <TD style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD style="border-top: 1px solid #000000; border-right: 1px solid #000000">&nbsp;</TD>
    <TD align="left" valign="top" colspan="1" rowspan="2"><div style="font-size: 30pt">&#8594;</div></TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD align="center" valign="top" rowspan="2"><div style="font-size: 30pt; margin-top=-10pt">&#8595;</div></TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD style="border-left: 1px solid #000000">&nbsp;</TD>
    <TD align="center" valign="top" colspan="2" nowrap style="border-right: 1px solid #000000; font-size: 9pt"><B>YOU MUST REFERENCE YOUR 11-DIGIT CONTROL NUMBER WHEN<br>
YOU REQUEST A PAPER COPY OF THE PROXY MATERIALS OR TO<br>
VOTE YOUR PROXY ELECTRONICALLY.</B></TD>
</TR>

<TR style="font-size: 8pt"><!-- Blank Space -->
    <TD align="left" valign="top" style="border-left: 0px solid #000000; border-top: 0px solid #000000">&nbsp;</TD>
    <TD align="left" valign="top" style="border-left: 1px solid #000000; border-top: 0px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" style="border-right: 1px solid #000000; border-top: 0px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>

<TR valign="bottom"><!-- Blank Space -->
    <TD>&nbsp;</TD>

    <TD align="left" valign="top" style="border-left: 0px solid #000000; border-top: 1px solid #000000">&nbsp;</TD>
    <TD align="left" valign="top" style="border-left: 0px solid #000000; border-top: 1px solid #000000">&nbsp;</TD>
    <TD align="left" valign="top" style="border-left: 0px solid #000000; border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top" style="border-left: 2px solid #000000; border-top: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
</TR>

<TR valign="bottom">
    <TD align="left" valign="top" style="border-left: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="right" style="font-size: 9pt; margin-top: 6pt">84193</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Directions to attend the Annual Meeting where you may vote in person can be found on our website,
http://www.jhfunds.com/proxy.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B><U>Meeting Location:</U></B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-left: 4%; margin-top: 0pt">John Hancock Investors Trust<BR>
601 Congress Street<BR>
Boston, Massachusetts 02210
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B><U>The following Proxy Materials are available for you to review online:</U></B>
</DIV>


<DIV style="margin-top: 0pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>President&#146;s Letter</TD>
</TR>

<TR>
    <TD style="font-size: 0pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Notice of Annual Meeting of Shareholders</TD>
</TR>

<TR>
    <TD style="font-size: 0pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Proxy Statement</TD>
</TR>
</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B><U>To request a paper copy of the Proxy Materials:</U></B></DIV>

<DIV align="left" style="font-size: 10pt; margin-left: 4%; margin-top: 0pt"><I>(you must reference your 11-digit control number located on the reverse side of this notice)</I><BR>
Telephone: &nbsp;&nbsp;&nbsp;<B>1-888-313-0164 </B>(outside of the U.S. and Canada call 201-680-6688)<BR>
Email:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <B>shrrelations@bnymellon.com</B>
<I>(you must reference your 11-digit control number in your email)</I><BR>
Internet:&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>http://www.proxyvoting.com/jhf2</B></DIV>

<DIV align="center" style="font-size: 10.5pt; margin-top: 30pt"><B>The Proxy Materials for John Hancock Investors Trust are available to review at:</B></DIV>

<DIV align="Center" style="font-size: 14pt; margin-top: 10pt"><B>http://www.proxyvoting.com/jhf2</B></DIV>

<DIV align="center" style="font-size: 10.5pt; margin-top: 10pt">Have  this notice available when you request a PAPER copy of the Proxy Materials,<BR>
when you want to view your proxy materials online,<BR>
OR WHEN YOU WANT TO VOTE YOUR PROXY ELECTRONICALLY.</DIV>

<P>
<DIV style="width: 100%; border: 1px solid black; padding: 8px; margin-top: 120pt">

<DIV align="center" style="font-size: 14pt; margin-top: 0pt"><u> <B>HOW TO ACCESS THE ELECTRONIC PROXY CARD</B></u></DIV>

<DIV align="Center" style="font-size: 11.5pt; margin-top: 3pt"><B><I>We encourage you to review the proxy materials online before voting.</I></B></DIV>

<DIV align="Center" style="font-size: 10.5pt; margin-top: 3pt">To access the electronic proxy card and vote your shares, go to
<B><U>http://www.proxyvoting.com/jhf2</U></B><BR>
and click on <B>&#147;Vote Now&#148; </B>on the top right hand side of the website. Have this notice in hand<BR>
when you access the website. You will need to reference the 11-digit control number<BR>
located on the reverse side of this notice.</DIV>
</DIV>

<DIV align="left" style="font-size: 9pt; margin-top: 80pt">84193</DIV>
</DIV>
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-----END PRIVACY-ENHANCED MESSAGE-----
