Purchase of Own Securities

Sun Life Fin.Services of Canada Inc
13 March 2001




Re:  Report of Common Shares Purchased Pursuant to
     Sun Life Financial Services of Canada
     Normal Course Issuer Bid, May 15, 2000 - May 14, 2001

This letter will confirm that during the month of February, 2001, Sun Life
Financial Services of Canada Inc. purchased one (1) million common shares of its
own stock pursuant to its Normal Course Issuer Bid. Those shares will be
cancelled shortly.

The particulars of the above-noted transactions are as follows:

Dates of Purchases                 Number of Shares Purchased

February 15, 2001                  185,300
February 16, 2001                  209,200
February 20, 2001                  200,000
February 21, 2001                  137,800
February 22, 2001                   75,000
February 23, 2001                   50,700
February 26, 2001                   70,100
February 27, 2001                   40,000
February 28, 2001                   31,900