dfan14a06290017_03172008.htm
UNITED STATES
SECURITIES AND EXCHANGE
COMMISSION
Washington, D.C.
20549
SCHEDULE 14A
(Rule
14a-101)
INFORMATION
REQUIRED IN PROXY STATEMENT
SCHEDULE
14A INFORMATION
Proxy
Statement Pursuant to Section 14(a) of the Securities Exchange Act of
1934
(Amendment
No. )
Filed by
the Registrant ¨
Filed by
a Party other than the Registrant x
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appropriate box:
¨ Preliminary
Proxy Statement
¨ Confidential,
for Use of the Commission Only (as permitted by Rule14a-6(e)(2))
¨ Definitive
Proxy Statement
x Definitive
Additional Materials
¨ Soliciting
Material Under Rule 14a-12
JOHN
HANCOCK TAX-ADVANTAGED DIVIDEND INCOME FUND
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(Name
of Registrant as Specified in Its Charter)
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WESTERN
INVESTMENT LLC
WESTERN
INVESTMENT HEDGED PARTNERS L.P.
WESTERN
INVESTMENT ACTIVISM PARTNERS LLC
WESTERN
INVESTMENT TOTAL RETURN PARTNERS L.P.
WESTERN
INVESTMENT TOTAL RETURN FUND LTD.
ARTHUR
D. LIPSON
ROBERT
A. WOOD
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|
(Name
of Persons(s) Filing Proxy Statement, if Other Than the
Registrant)
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of Filing Fee (Check the appropriate box):
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Western
Investment LLC (“Western”), together with the other participants named herein,
is filing materials contained in this Schedule 14A with the Securities and
Exchange Commission (the “SEC”) in connection with the solicitation of proxies
for the election of its slate of trustee nominees at the 2008 annual
meeting of shareholders (the “Annual Meeting”) of John Hancock Tax-Advantaged
Dividend Income Fund (the “Fund”). Western has filed a proxy statement
with the SEC regading the Annual Meeting.
Item 1:
On March 17, 2008, Western issued the following press release:
GLASS,
LEWIS & CO. RECOMMENDS SHAREHOLDERS OF THE JOHN HANCOCK
TAX-ADVANTAGED DIVIDEND INCOME FUND (NYSE: HTD) VOTE WHITE PROXY AND SUPPORT
WESTERN INVESTMENT LLC NOMINEE AT MARCH 31 ANNUAL MEETING
Monday March 17, 2:07 pm
ET
SALT LAKE
CITY – Western Investment LLC announced today that Glass, Lewis & Co.
(“Glass Lewis”), one of the nation's leading independent proxy voting advisors,
has recommended that shareholders of the John Hancock Tax-Advantaged Dividend
Income Fund (NYSE:HTD) (the “Fund”) vote on the WHITE Western
Investment proxy for the election of Arthur D. Lipson to the HTD Board of
Trustees at the Fund’s March 31, 2008 Annual Meeting.
In
reaching its decision to recommend that the Fund’s shareholders vote for Mr.
Lipson, Glass Lewis noted that while “reticent to recommend removal of incumbent
directors, or in favor of Dissident nominees,” it would do so if “the current
board has…failed to undertake an action clearly to the benefit of
shareholders.”
They
continued, “In this case we are troubled that the HTD board of trustees only
took action to address the fund’s NAV discount after Western’s approach,” and
concluded that “the HTD board could benefit from the participation of a large
investor that has shareholder interests in mind.”
Commenting
on the Glass Lewis recommendation, Arthur Lipson, managing member of Western
Investment LLC, said, "We are pleased that Glass Lewis has recognized the
negative impact the NAV discount can have on HTD shareholders and the importance
of shareholder representation on the Fund’s board. We are gratified
by their support.”
Glass,
Lewis & Co. is widely recognized as a leading independent proxy advisory
firm. Its recommendations are relied upon by hundreds of major institutional
investment firms, mutual funds, and other fiduciaries throughout the
country.
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Contact: Innisfree
M&A Incorporated
Mike Brinn
(212)750-8253
Source:
Western Investment LLC