Sun Life Financial Services Completes Public Offering

Sun Life Financial Services of Canada Inc. completed a public offering on October 4, 2001 in Canada and the U.S. of 11 million common shares raising $330 million. The proceeds of the offering were used to finance in part the acquisition in the U.S. of Keyport Life Insurance Inc. and Independent Financial Marketing Group, Inc.

Legal arrangements were led by William Minucci and Natalie Ochrym, in-house counsel at Sun Life. Torys LLP acted as external counsel to Sun Life, with a team that included Phil Mohtadi, Matt Cockburn, Paul Guthrie, Karen Burke and Lucia ten Kortenaar and Ron Nobrega (tax). U.S. counsel for Sun Life was LeBoeuf, Lamb, Greene & MacRae, LLP, represented by Stephen Rooney, Matt Ricciardi and Ken Alston.

The underwriters were represented in Canada by Tim Unwin, Gord Currie and Eric Moncik of Blake, Cassels & Graydon LLP, and in the U.S. by Richard Sandler and Ethan James of Davis Polk & Wardwell.

Lawyer(s)

Ken Alston Gordon A.M. Currie Ethan T. James Karen R. Burke Lucia M. ten Kortenaar Ronald E. Nobrega Paul D. Guthrie Stephen G. Rooney Philip Mohtadi Eric Moncik Richard J. Sandler Matthew M. Ricciardi Matthew Cockburn

Firm(s)

Torys LLP Dewey & LeBoeuf LLP Blake, Cassels & Graydon LLP Davis Polk & Wardwell