Mr. Frank Switzer reports

SUN LIFE FINANCIAL DECLARES QUARTERLY DIVIDENDS ON COMMON AND PREFERRED SHARES PAYABLE IN Q1 2013

The board of directors of Sun Life Financial Inc. has declared a quarterly dividend of 36 cents per common share, payable March 28, 2013, to shareholders of record at the close of business on Feb. 27, 2013. This is the same amount as paid in the previous quarter.

The following quarterly dividends on its Class A non-cumulative preferred shares are payable on March 28, 2013, to shareholders of record at the close of business on Feb. 27, 2013:

Series 1:  29.6875 cents per share

Series 2:  30 cents per share

Series 3:  27.8125 cents per share

Series 4:  27.8125 cents per share

Series 5:  28.125 cents per share

Series 6R:  37.5 cents per share

Series 8R:  27.1875 cents per share

Series 10R:  24.375 cents per share

Series 12R:  26.563 cents per share

Dividends payable on March 28, 2013, to participants in the Canadian dividend reinvestment and share purchase plan will be used to purchase common shares issued from treasury at a discount of 2 per cent to the volume weighted average market price determined in accordance with the plan. This discount does not apply to common shares acquired by participants through the optional cash purchase feature of the plan.

Sun Life Financial has designated the dividends referred to above as eligible dividends for the purposes of the Income Tax Act (Canada).