Sun Life Financial establishes revolving credit facility

    TORONTO, July 23 /CNW/ - Sun Life Financial Inc. (TSX/NYSE:SLF) announced
today the establishment of a five-year unsecured US$1.0 billion revolving
credit facility that will be used for general corporate purposes. The facility
has been made available through a syndicate of banks arranged by RBC Capital
Markets. Royal Bank of Canada is acting as the Administrative Agent for the
syndicate.
    The facility will substantially replace Sun Life Financial's existing
bilateral lending arrangements. Approximately US$140 million was outstanding
under the facility as of the closing on July 20, 2007.

    Sun Life Financial is a leading international financial services
organization providing a diverse range of protection and wealth accumulation
products and services to individuals and corporate customers. Chartered in
1865, Sun Life Financial and its partners today have operations in key markets
worldwide, including Canada, the United States, the United Kingdom, Ireland,
Hong Kong, the Philippines, Japan, Indonesia, India, China and Bermuda. As of
March 31, 2007, the Sun Life Financial group of companies had total assets
under management in excess of $446 billion.
    Sun Life Financial Inc. trades on the Toronto (TSX), New York (NYSE) and
Philippine (PSE) stock exchanges under ticker symbol SLF.

    Note to Editors: All figures shown in Canadian dollars unless otherwise
    noted.