Boston, MA 02210 Re: Expense Limitation Letter Agreement and Voluntary Expense Limitation NoticeExpense Limitation Agreement • July 29th, 2011 • John Hancock Municipal Securities Trust
With reference to each of the Advisory Agreements entered into by and between John Hancock Advisers, LLC (the “Adviser”) and each of the trusts listed in Appendix A to this letter (each, a “Trust” and collectively, the “Trusts”), on behalf of each of their respective series listed in Appendix A (each, a “Fund” and collectively, the “Funds”), we hereby notify you as follows:
