Sun Life Financial Inc.
Annual Meeting of Shareholders
May 11, 2005

Report on Voting Results

National Instrument 51-102 – Section 11.3

Election of Directors

The following nominees were elected by ballot as directors of the Corporation until the next Annual Meeting:

Name of Nominee	Votes For		%		Votes Withheld		%
James C. Baillie		254,204,300		99.84		419,669		0.16
George W. Carmany, III		254,207,985		99.84		415,984		0.16
William R. Fatt		252,342,338		99.10		2,281,631		0.90
David A. Ganong		254,170,251		99.82		453,718		0.18
Germaine Gibara		254,203,216		99.83		420,753		0.17
Krystyna T. Hoeg		254,199,972		99.83		423,997		0.17
David W. Kerr		254,204,102		99.84		419,867		0.16
Idalene F. Kesner		254,161,272		99.82		462,697		0.18
Bertin F. Nadeau		253,968,109		99.74		655,860		0.26
Ronald W. Osborne		253,890,133		99.71		733,836		0.29
C. James Prieur		254,228,089		99.84		395,880		0.16
Donald A. Stewart		254,230,892		99.85		393,077		0.15
W. Vickery Stoughton		254,140,791		99.81		483,178		0.19

Appointment of Auditors

The following were the results of the ballot to appoint Deloitte & Touche LLP as Auditors of the Corporation:

Outcome	Votes For		%		Votes Withheld		%
Carried		252,026,862		99.00		2,544,825		1.00

Shareholder Proposal No. 1

The following were the results of the ballot conducted for Shareholder Proposal No. 1– Candidates for Director must receive at least 75% support:

Outcome	Votes For		%		Votes Against		%
Defeated		5,097,116		2.09		238,770,161		97.91

Shareholder Proposal No. 2

The following were the results of the ballot conducted for Shareholder Proposal No. 2 – Directors who change principal occupation shall resign:

Outcome	Votes For		%		Votes Against		%
Defeated		4,292,168		1.76		239,566,703		98.24

Shareholder Proposal No. 3

The following were the results of the ballot conducted for Shareholder Proposal No. 3 – Disclosure of voting by the Company’s mutual funds:

Outcome	Votes For		%		Votes Against		%
Defeated		31,013,822		12.72		212,844,436		87.28

Shareholder Proposal No. 4

The following were the results of the ballot conducted for Shareholder Proposal No. 4 – Meaningful quorums:

Outcome	Votes For		%		Votes Against		%
Defeated		19,503,416		8.00		224,355,873		92.00

Shareholder Proposal No. 5

The following were the results of the ballot conducted for Shareholder Proposal No. 5 – Disclose ratio of executive compensation to net revenue:

Outcome	Votes For		%		Votes Against		%
Defeated		36,453,990		14.96		207,195,704		85.04

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Shareholder Proposal No. 6

The following were the results of the ballot conducted for Shareholder Proposal No. 6 – Disclosure of ratio of Directors’ compensation to net revenue:

Outcome	Votes For		%		Votes Against		%
Defeated		10,660,907		4.37		233,422,333		95.63

Shareholder Proposal No. 7

The following were the results of the ballot conducted for Shareholder Proposal No. 7 – Disclosure of potential liability to participating policyholders:

Outcome	Votes For		%		Votes Against		%
Defeated		8,140,033		3.34		235,725,394		96.66

Shareholder Proposal No. 8

The following were the results of the ballot conducted for Shareholder Proposal No. 8 – No conflict of interest for Policyholders’ Directors:

Outcome	Votes For		%		Votes Against		%
Defeated		5,284,800		2.17		238,568,365		97.83

Shareholder Proposal No. 9

The following were the results of the ballot conducted for Shareholder Proposal No. 9 – All elections shall be truly democratic:

Outcome	Votes For		%		Votes Against		%
Defeated		6,196,027		2.54		237,662,963		97.46

Shareholder Proposal No. 10

The following were the results of the ballot conducted for Shareholder Proposal No. 10 – The company shall make amends for participation in MFP leasing deals:

Outcome	Votes For		%		Votes Against		%
Defeated		2,803,340		1.15		241,035,203		98.85

/ s / “Joan M. Wilson”
Joan M. Wilson
Vice-President and Corporate Secretary

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