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SUPPLEMENT TO PROSPECTUS
FOR THE MANUFACTURERS LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT B
DATED MAY 1, 1999
INFORMATION REGARDING THE ULTIMATE PARENT COMPANY OF THE MANUFACTURERS LIFE
INSURANCE COMPANY OF NEW YORK
The fourth paragraph under "Manufacturers Life of New York" is amended and
restated as follows:
"On January 20, 1998, the Board of Directors of The Manufacturers Life Insurance
Company ("Manulife"), our ultimate parent company, announced that it had asked
the management of Manulife to prepare a plan for conversion of Manulife from a
mutual life insurance company to a publicly traded, shareholder-owned company.
On May 19, 1999 this plan was approved by the Board of Directors of Manulife and
on July 29, 1999, Manulife's eligible policyholders voted in favor of
demutualization. Provided that all necessary regulatory approvals are obtained,
Manulife expects that demutualization will take place in Autumn, 1999."
SUPPLEMENT DATED JULY 30, 1999
NYVENVUL.SUPP799