TORONTO - In his remarks during the company's annual meeting of shareholders and policyholders today in Toronto, Sun Life Financial CEO Donald Stewart told the audience that despite the current economic environment, Sun Life is well-positioned to manage through this challenging economy. "We are at the forefront of powerful demographic, social and regulatory trends shaping the world's future. These trends are driving demand for the financial products that we create and sell and they represent a tremendous growth opportunity for Sun Life going forward."

He went on to say, "Millions of people around the world have placed their confidence in Sun Life to navigate through the type of volatility and uncertainty that we are now experiencing. We will continue to earn that confidence through innovative solutions that offer security and peace of mind via guarantees that they can count on."

A copy of Mr. Stewart's remarks, his slide presentation and an archived version of the webcast is available on www.sunlife.com.

It was also announced that a new director, the Honourable Hugh D. Segal, CM was elected to the Board of Directors by shareholders at the meeting. Senator Segal spent several decades in the private and public sectors before his appointment to the Senate of Canada in 2005. He is also a Senior Fellow at the School of Policy Studies at Queen's University in Kingston, Ontario and a professor of public policy at Queen's School of Business.