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John Hancock Announces Results Of Annual Meetings Of Shareholders

BOSTON, Nov. 9, 2012 /PRNewswire/ -- The following eight John Hancock Closed-End Funds announced the results of their annual shareholder meetings: John Hancock Bank and Thrift Opportunity Fund (NYSE: BTO), John Hancock Hedged Equity & Income Fund (NYSE: HEQ), John Hancock Preferred Income Fund (NYSE: HPI), John Hancock Preferred Income Fund II (NYSE: HPF), John Hancock Preferred Income Fund III (NYSE: HPS), John Hancock Premium Dividend Fund (NYSE: PDT), John Hancock Tax-Advantaged Dividend Income Fund (NYSE: HTD) and John Hancock Tax-Advantaged Global Shareholder Yield Fund (NYSE: HTY) (collectively, the "Funds").

At their annual meetings held today, shareholders of the Funds elected thirteen Trustees as members of the Board of Trustees of the Funds.  Craig Bromley, Deborah C. Jackson, James M. Oates and Steven R. Pruchansky were elected as Trustees for a term to expire in 2016; Charles L. Bardelis, Peter S. Burgess, Theron S. Hoffman and Warren A. Thomson were elected as Trustees for a term to expire in 2015; and James R. Boyle, William H. Cunningham, Grace K. Fey, Hassell H. McClellan and Gregory A. Russo were elected as Trustees for a term to expire in 2014.

The newly elected Trustees, Ms. Fey and Messrs. Bardelis, Boyle, Bromley, Burgess, Hoffman, McClellan, Oates, and Thomson, are expected to join the Board of the Funds on or about December 1, 2012.

Statements in this press release that are not historical facts are forward-looking statements as defined by the United States securities laws. You should exercise caution in interpreting and relying on forward-looking statements because they are subject to uncertainties and other factors which are, in some cases, beyond a Fund's control and could cause actual results to differ materially from those set forth in the forward-looking statements.

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