UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM N-PX ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT COMPANY INVESTMENT COMPANY ACT FILE NUMBER: 811-21287 NAME OF REGISTRANT: John Hancock Preferred Income Fund III ADDRESS OF PRINCIPAL EXECUTIVE OFFICES: 601 Congress Street Boston, MA 02210 NAME AND ADDRESS OF AGENT FOR SERVICE: Charles Rizzo 601 Congress Street Boston, MA 02210 REGISTRANT'S TELEPHONE NUMBER: 617-663-3000 DATE OF FISCAL YEAR END: 05/31 DATE OF REPORTING PERIOD: 07/01/2011 - 06/30/2012 2X30 John Hancock Funds Preferred Income Fund III -------------------------------------------------------------------------------------------------------------------------- AT&T INC. Agenda Number: 933559049 -------------------------------------------------------------------------------------------------------------------------- Security: 00206R102 Meeting Type: Annual Meeting Date: 27-Apr-2012 Ticker: T ISIN: US00206R1023 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1A. ELECTION OF DIRECTOR: RANDALL L. STEPHENSON Mgmt For For 1B. ELECTION OF DIRECTOR: GILBERT F. AMELIO Mgmt For For 1C. ELECTION OF DIRECTOR: REUBEN V. ANDERSON Mgmt For For 1D. ELECTION OF DIRECTOR: JAMES H. BLANCHARD Mgmt For For 1E. ELECTION OF DIRECTOR: JAIME CHICO PARDO Mgmt For For 1F. ELECTION OF DIRECTOR: JAMES P. KELLY Mgmt For For 1G. ELECTION OF DIRECTOR: JON C. MADONNA Mgmt For For 1H. ELECTION OF DIRECTOR: JOHN B. MCCOY Mgmt For For 1I. ELECTION OF DIRECTOR: JOYCE M. ROCHE Mgmt For For 1J. ELECTION OF DIRECTOR: MATTHEW K. ROSE Mgmt For For 1K. ELECTION OF DIRECTOR: LAURA D'ANDREA TYSON Mgmt For For 2. RATIFICATION OF APPOINTMENT OF INDEPENDENT Mgmt For For AUDITORS. 3. ADVISORY APPROVAL OF EXECUTIVE Mgmt For For COMPENSATION. 4. AMEND CERTIFICATE OF INCORPORATION. Mgmt For For 5. POLITICAL CONTRIBUTIONS REPORT. Shr For Against 6. LIMIT WIRELESS NETWORK MANAGEMENT. Shr Against For 7. INDEPENDENT BOARD CHAIRMAN. Shr For Against -------------------------------------------------------------------------------------------------------------------------- BANK OF AMERICA CORPORATION Agenda Number: 933571665 -------------------------------------------------------------------------------------------------------------------------- Security: 060505559 Meeting Type: Annual Meeting Date: 09-May-2012 Ticker: BMLPRQ ISIN: US0605055591 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1A. ELECTION OF DIRECTOR: MUKESH D. AMBANI Mgmt For For 1B. ELECTION OF DIRECTOR: SUSAN S. BIES Mgmt For For 1C. ELECTION OF DIRECTOR: FRANK P. BRAMBLE, SR. Mgmt For For 1D. ELECTION OF DIRECTOR: VIRGIS W. COLBERT Mgmt For For 1E. ELECTION OF DIRECTOR: CHARLES K. GIFFORD Mgmt For For 1F. ELECTION OF DIRECTOR: CHARLES O. HOLLIDAY, Mgmt For For JR. 1G. ELECTION OF DIRECTOR: MONICA C. LOZANO Mgmt For For 1H. ELECTION OF DIRECTOR: THOMAS J. MAY Mgmt For For 1I. ELECTION OF DIRECTOR: BRIAN T. MOYNIHAN Mgmt For For 1J. ELECTION OF DIRECTOR: DONALD E. POWELL Mgmt For For 1K. ELECTION OF DIRECTOR: CHARLES O. ROSSOTTI Mgmt Against Against 1L. ELECTION OF DIRECTOR: ROBERT W. SCULLY Mgmt For For 2. AN ADVISORY (NON-BINDING) "SAY ON PAY" VOTE Mgmt For For TO APPROVE EXECUTIVE COMPENSATION. 3. RATIFICATION OF THE APPOINTMENT OF THE Mgmt For For REGISTERED INDEPENDENT PUBLIC ACCOUNTING FIRM FOR 2012. 4. STOCKHOLDER PROPOSAL - DISCLOSURE OF Shr Against For GOVERNMENT EMPLOYMENT. 5. STOCKHOLDER PROPOSAL - GRASSROOTS AND OTHER Shr For Against LOBBYING. 6. STOCKHOLDER PROPOSAL - EXECUTIVES TO RETAIN Shr For Against SIGNIFICANT STOCK. 7. STOCKHOLDER PROPOSAL - MORTGAGE SERVICING Shr Against For OPERATIONS. 8. STOCKHOLDER PROPOSAL - PROHIBITION ON Shr Against For POLITICAL SPENDING. -------------------------------------------------------------------------------------------------------------------------- ENTERGY CORPORATION Agenda Number: 933574825 -------------------------------------------------------------------------------------------------------------------------- Security: 29364G103 Meeting Type: Annual Meeting Date: 04-May-2012 Ticker: ETR ISIN: US29364G1031 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1A. ELECTION OF DIRECTOR: M.S. BATEMAN Mgmt For For 1B. ELECTION OF DIRECTOR: G.W. EDWARDS Mgmt For For 1C. ELECTION OF DIRECTOR: A.M. HERMAN Mgmt For For 1D. ELECTION OF DIRECTOR: D.C. HINTZ Mgmt For For 1E. ELECTION OF DIRECTOR: J.W. LEONARD Mgmt For For 1F. ELECTION OF DIRECTOR: S.L. LEVENICK Mgmt For For 1G. ELECTION OF DIRECTOR: B.L. LINCOLN Mgmt For For 1H. ELECTION OF DIRECTOR: S.C. MYERS Mgmt For For 1I. ELECTION OF DIRECTOR: W.A. PERCY, II Mgmt For For 1J. ELECTION OF DIRECTOR: W.J. TAUZIN Mgmt For For 1K. ELECTION OF DIRECTOR: S.V. WILKINSON Mgmt For For 2. RATIFICATION OF SELECTION OF DELOITTE & Mgmt For For TOUCHE LLP AS INDEPENDENT REGISTERED PUBLIC ACCOUNTANTS FOR 2012. 3. ADVISORY VOTE TO APPROVE NAMED EXECUTIVE Mgmt For For OFFICER COMPENSATION. -------------------------------------------------------------------------------------------------------------------------- UIL HOLDINGS CORPORATION Agenda Number: 933582062 -------------------------------------------------------------------------------------------------------------------------- Security: 902748102 Meeting Type: Annual Meeting Date: 15-May-2012 Ticker: UIL ISIN: US9027481020 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1. DIRECTOR THELMA R. ALBRIGHT Mgmt For For ARNOLD L. CHASE Mgmt For For BETSY HENLEY-COHN Mgmt For For SUEDEEN G. KELLY Mgmt For For JOHN L. LAHEY Mgmt For For DANIEL J. MIGLIO Mgmt For For WILLIAM F. MURDY Mgmt For For DONALD R. SHASSIAN Mgmt For For JAMES P. TORGERSON Mgmt For For 2. RATIFICATION OF THE SELECTION OF Mgmt For For PRICEWATERHOUSECOOPERS LLP AS UIL HOLDINGS CORPORATION'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 2012. 3. NON-BINDING ADVISORY VOTE TO APPROVE THE Mgmt For For COMPENSATION OF THE NAMED EXECUTIVE OFFICERS. -------------------------------------------------------------------------------------------------------------------------- WACHOVIA PREFERRED FUNDING CORP. Agenda Number: 933603361 -------------------------------------------------------------------------------------------------------------------------- Security: 92977V206 Meeting Type: Annual Meeting Date: 08-May-2012 Ticker: WNAPR ISIN: US92977V2060 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1. DIRECTOR JAMES E. ALWARD Mgmt For For HOWARD T. HOOVER Mgmt For For CHARLES F. JONES Mgmt For For MICHAEL J. LOUGHLIN Mgmt For For * Management position unknown SIGNATURES Pursuant to the requirements of the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. (Registrant) John Hancock Preferred Income Fund III By (Signature) /s/ Keith F. Hartstein Name Keith F. Hartstein Title President Date 08/24/2012