1. Sun CI Linked Deposit Notes, Protection Plus Class, Series 2 Available October 10 – November 27, 2006 (JHN 225) Internal Use Only  Do Not Copy

2. 2 The information contained herein is confidential and for advisor use only. The information contained herein is not to be reproduced or distributed to the public or the press. This presentation is not an offer or a solicitation of an offer or a recommendation to buy or sell any securities or financial instruments, nor shall it be deemed to provide investment, tax or accounting advice. The information contained herein is intended as a summary only and is qualified entirely by, and should be read in conjunction with, the more detailed information appearing in the Information Statement. Details regarding the dynamic allocation strategy, calculation and payment of interest, the notional portfolio, repayment of principal at maturity and certain risk factors are contained in the Information Statement. Any examples in this presentation are included for illustrative purposes only and are not intended to predict actual results, which may differ substantially from those reflected herein. Sun Life Financial Trust Inc., a member of the Sun Life Financial group of companies, is the sole issuer of the Sun CI Linked Deposit Notes, Protection Plus Class, Series 2 product. © Sun Life Financial Trust Inc., 2006. TM Harbour Advisors, CI Investments and the CI Investments design are trademarks of CI Investments Inc.

3. Internal Use Only  Do Not Copy 3 Performance is linked to a globally diversified Fund Portfolio of popular CI Mutual Funds with proven managers CI International Value Fund Signature High Income Fund Signature Dividend Fund Harbour Fund Dynamic Asset Allocation Strategy Potential to gain 200% exposure to a Fund Portfolio of four popular Canadian mutual funds managed by CI Investments Hedge against losses when performance of the Fund Portfolio is negative Principal Protection at Maturity 100% protection of the initial investment at maturity (5-year term), regardless of the performance of the Fund Portfolio Tax Efficient Interest income will not be taxed until it is paid at maturity, providing the potential for tax-deferred growth Potential capital gains/loss treatment if Notes are sold prior to maturity. (BMO Capital Markets, subject to normal conditions, will use reasonable efforts to maintain a secondary market for the Notes.) Key Features

4. Internal Use Only  Do Not Copy 4 Globally diversified portfolio providing the potential for growth with low volatility.

5. Internal Use Only  Do Not Copy 5 *Longest common period of performance for the Fund Portfolio. **Benchmark: 60% S&P/TSX / 25% MSCI EAFE C$ / 15% SC Universe Bond Index Source: Globe HySales Source: CI Investments, Bank of Canada Source: Globe HySales Historical data are based solely on the Funds in the underlying Fund Portfolio and are not a representation of backtested historical performance of the Note. The performance data provided do not reflect the fees nor the expenses of the Note Program, do not take into account the dynamic asset allocation of the Note Program and do not include the performance of the Notional Bond Portfolio. The past performance of the Funds may not be repeated and may not be indicative of the future performance of the Funds or the Note. Fund portfolio provides potential for growth with low volatility.

6. Internal Use Only  Do Not Copy 6 Continued low interest rate environment: Recent increases have not been significant, although it has translated into losses for bond portfolios. Strong Canadian equity market: One of the top performing markets over the past three years. Forecasters recommend rebalancing holdings and locking in gains. For clients who: Want principal protection and are willing to accept possibility of no return in order to access upside potential of equity investments. Want to make the most of upcoming investment opportunities with a diversified portfolio. Are concerned about market volatility and want to lock-in gains in the Canadian market. Are considering switching out of low-yielding fixed income products. An Effective Investment Alternative Provide your clients with 100% principal protection at maturity plus the potential for enhanced performance.

7. Internal Use Only  Do Not Copy 7 Target Clients High net worth investors Endowment funds Fixed income / GIC investors Insurance purchasers who are looking for an investment portion for their portfolio Small business owners who use the note as a collateral for loans

8. Internal Use Only  Do Not Copy 8 Building your Business Revenue Investment solutions –GIC / fixed income alternative –Equity exposure –Enhanced yield and growth potential –Tax efficiency –High net worth applications –Asset gathering campaigns Prospecting tool Hedging tool

9. Internal Use Only  Do Not Copy 9 Advisor Tools Advisor Guide PowerPoint Presentation Admat Prospecting Letter Client Flyer

10. Internal Use Only  Do Not Copy 10 How does the Dynamic Asset Allocation work? On the Issue Date, 100% of the net proceeds of the Basket will be allocated to the Fund Portfolio. The Deposit Notes will be dynamically allocated between the Fund Portfolio and a Notional Bond Portfolio and rebalanced in accordance to a pre-determined asset allocation formula. The leveraging or de-leveraging of the Fund Portfolio will occur based on the Distance between the current values of the Fund Portfolio and the present value of a notional bond tied to the Maturity Date. The dynamic asset allocation strategy provides 100% initial Basket exposure (with potential for 200% exposure) to the Fund Portfolio and 100% principal protection ($100 per note) at maturity. Fund Portfolio Reallocation according to a pre-determined allocation grid Net proceeds of $97 is anticipated to be fully invested into the Fund Portfolio. Notional Bond Portfolio Initial Purchase $100

11. Internal Use Only  Do Not Copy 11 Dynamic Asset Allocation Strategy “Distance” is the benchmark for rebalancing Maturity Time Value Principal Repayment ($100) Basket Value Price of the Coupon Bond Deleveraging Leveraging Distance Initial Investment ($97) Releveraging

12. Internal Use Only  Do Not Copy 12 How do Sun CI Deposit Notes determine exposure? Dt = % difference between the current values of the Fund Portfolio and the present value of a notional bond tied to the Maturity Date - The weighting of the Fund Portfolio will be monitored daily and adjusted accordingly. - Added exposure to the Fund Portfolio is achieved by borrowing through a low cost loan facility (the cost of leverage is one-month BA’s plus 0.25% p.a.). - Minimum 20% exposure to the Fund Portfolio will be maintained in all scenarios. The greater the Distance (Dt), the greater the allocation to the Fund Portfolio, up to a possible 200%.

13. Internal Use Only  Do Not Copy 13 If the Distance falls to 2.0% or below Assets would become fully allocated to bonds, and options will track 20% of the performance of the underlying Fund Portfolio as if 100% of the distributions on units are reinvested in the Basket. If the Distance recovers above 2.0% Allocations to the Fund Portfolio will occur and no options will be included. Minimum Exposure to the Fund Portfolio

14. Internal Use Only  Do Not Copy 14 Example of Positive Performance This example assumes the MER of the Fund Portfolio is 2.02%, a constant borrowing rate of 3.95%, and a constant yield of 4.65% on the fund over the 5-year term of the Deposit Notes. Basket value: 161.79 Fund value: 146.55 Outperformance: 10.4%

15. Internal Use Only  Do Not Copy 15 Example of Protection Event This example assumes the MER of the Fund Portfolio is 2.02%, a constant borrowing rate of 3.95%, and a constant yield of 4.65% on the fund over the 5-year term of the Deposit Notes. Basket value: 102.08 Fund value: 93.75 Outperformance: 8.9%

16. Internal Use Only  Do Not Copy 16 100% Reinvestment of Fund Distributions 100% of any distributions payable by the Fund Portfolio will be reinvested in additional units of the Basket. Tax Efficient Interest income will not be taxed until it is paid at maturity, providing the potential for tax deferred growth. Potential capital gains/loss treatment if Deposit Notes sold prior to maturity. Hedge against losses when performance of the Fund Portfolio is negative. Enhanced Performance Reinvestment of fund distributions should increase Distance, providing the opportunity for increased exposure to the Fund Portfolio. Benefits of Reinvestment of Fund Distributions

17. Internal Use Only  Do Not Copy 17 Benefits in Any Market Scenario Where the Fund Portfolio performs well, additional exposure to the Fund Portfolio may be achieved through leverage generating enhanced returns. Where the Fund Portfolio performs negatively, reduced exposure to the Fund Portfolio may dampen losses in an effort to allow participation in any subsequent recovery. In a rising interest rate environment, continued exposure to the Fund Portfolio increases potential growth to keep pace with higher interest rates. In a declining interest rate environment, reinvestment of all distributions will help preserve exposure to the Fund Portfolio. 100% principal protection at maturity regardless of the performance of the Fund Portfolio.

18. Internal Use Only  Do Not Copy 18 Summary of Terms IssuerSun Life Financial Trust Inc. Issue DateDecember 21, 2006 Maturity DateDecember 21, 2011 (Term to Maturity: Five years) Issue SizeSubscription Price: $100 per Deposit Note Minimum Purchase: $2,000 (20 Deposit Notes) Maximum Issue$30 Million. Sun Life Financial Trust Inc. reserves the right to increase amount. Fees & ExpensesBlended rate equal to 2.95% of value of units of Fund Portfolio and 0.95% of the face amount of the Notional Bond Portfolio. Interest on loan facility of BA’s, plus 25 bps per annum. All fees and expenses calculated daily and payable monthly in arrears. Compensation3.0% compensation paid up front, 0.50% annual trailer. Eligibility100% eligible for RRSP, Spousal RRSP, Open and LIRA/Locked-in RSP accounts. For RSP accounts, BMO Trust Company will act as trustee. Note: The product cannot be purchased for an RRSP account by clients who turn age 65 or older by December 31, 2006. Secondary MarketBMO Capital Markets, subject to normal conditions, will use reasonable efforts to maintain a secondary market for the Notes. Notes sold in the secondary market will be subject to an early trading charge, deductible from the proceeds of the Notes, for the first 720 days from issuance. Selling period Oct 10 – Nov 27 th

19. THANK YOU For more information please visit: www.ci.com/depositnotes or Contact your CI Sales Team