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<b>Barclays New York Municipal Bond Index</b> is an unmanaged index composed of New York investment grade municipal bonds. <div align="left" style="font-size: 10pt; margin-top: 6pt"></div><b>Barclays Municipal Bond Index</b> is an unmanaged index representative of the tax-exempt bond market.
<div> <div align="left"><b>John Hancock New York Tax-Free Income Fund (the "fund")<br/> Supplement dated 12-14-2012 to the current Prospectus</b> </div> <br/><div align="left">In the "Fund Summary" section, under the "Past performance" subsection, the following benchmark index descriptions are added and the "Average annual total returns" table is amended and restated as follows: </div><br/> <div align="left"><b>Barclays New York Municipal Bond Index</b> is an unmanaged index composed of New York investment grade municipal bonds.</div><br/> <div align="left"><b>Barclays Municipal Bond Index</b> is an unmanaged index representative of the tax-exempt bond market.</div> <div align="left"> </div> <table border="0" width="100%" align="center" cellpadding="0" cellspacing="0"> <tr> <td width="69%"> </td> <!-- colindex=01 type=maindata --> <td width="6%"> </td> <!-- colindex=02 type=gutter --> <td width="1%" align="right"> </td> <!-- colindex=02 type=lead --> <td width="1%" align="right"> </td> <!-- colindex=02 type=body --> <td width="1%" align="left"> </td> <!-- colindex=02 type=hang1 --> <td width="6%"> </td> <!-- colindex=03 type=gutter --> <td width="1%" align="right"> </td> <!-- colindex=03 type=lead --> <td width="1%" align="right"> </td> <!-- colindex=03 type=body --> <td width="1%" align="left"> </td> <!-- colindex=03 type=hang1 --> <td width="6%"> </td> <!-- colindex=04 type=gutter --> <td width="1%" align="right"> </td> <!-- colindex=04 type=lead --> <td width="2%" align="right"> </td> <!-- colindex=04 type=body --> <td width="1%" align="left"> </td> <!-- colindex=04 type=hang1 --> <td width="1%"> </td> <!-- colindex=05 type=gutter --> <td width="2%"> </td> <!-- colindex=05 type=maindata --> </tr> <tr align="center"> <td nowrap="nowrap" align="left" valign="bottom"> <b> Average annual total returns </b>(%)</td> <td> </td> <td colspan="2" nowrap="nowrap" align="center" valign="bottom"> <b>1 Year</b> </td> <td> </td> <td> </td> <td colspan="2" nowrap="nowrap" align="center" valign="bottom"> <b>5 Year</b> </td> <td> </td> <td> </td> <td colspan="2" nowrap="nowrap" align="center" valign="bottom"> <b>10 Year</b> </td> <td> </td> <td> </td> <td nowrap="nowrap" align="center" valign="bottom"> </td> </tr> <tr> <td> </td> </tr> <tr valign="bottom"> <td align="left" valign="bottom"> <b>as of 12-31-11</b> </td> <td> </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td> </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td> </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td> </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> </tr> <tr valign="bottom"> <td colspan="15" valign="bottom"> <div style="margin-left: 0%; width: 100%; border-bottom: 1pt solid #260F54"></div> </td> </tr> <tr valign="bottom"> <td align="left" valign="bottom"> <b>Class A </b>before tax </td> <td> </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 4.65 </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td> </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 3.26 </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td> </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 4.15 </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td> </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> </tr> <tr valign="bottom"> <td colspan="15" valign="bottom"> <div style="margin-left: 0%; width: 100%; border-bottom: 1pt solid #260F54"></div> </td> </tr> <tr valign="bottom"> <td align="left" valign="bottom"> <div style="text-indent: -8pt; margin-left: 20pt"> After tax on distributions </div> </td> <td> </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 4.64 </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td> </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 3.26 </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td> </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 4.15 </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td> </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> </tr> <tr valign="bottom"> <td colspan="15" valign="bottom"> <div style="margin-left: 0%; width: 100%; border-bottom: 1pt solid #260F54"></div> </td> </tr> <tr valign="bottom"> <td align="left" valign="bottom"> <div style="text-indent: -8pt; margin-left: 20pt"> After tax on distributions, with sale </div> </td> <td> </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 4.48 </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td> </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 3.37 </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td> </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 4.16 </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td> </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> </tr> <tr valign="bottom"> <td colspan="15" valign="bottom"> <div style="margin-left: 0%; width: 100%; border-bottom: 1pt solid #260F54"></div> </td> </tr> <tr valign="bottom"> <td align="left" valign="bottom"> <b>Class B </b>before tax </td> <td> </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 3.67 </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td> </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 3.14 </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td> </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 4.05 </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td> </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> </tr> <tr valign="bottom"> <td colspan="15" valign="bottom"> <div style="margin-left: 0%; width: 100%; border-bottom: 1pt solid #260F54"></div> </td> </tr> <tr valign="bottom"> <td align="left" valign="bottom"> <b>Class C </b>before tax </td> <td> </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 7.68 </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td> </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 3.49 </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td> </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 3.90 </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td> </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> </tr> <tr valign="bottom"> <td colspan="15" valign="bottom"> <div style="margin-left: 0%; width: 100%; border-bottom: 1pt solid #260F54"></div> </td> </tr> <tr valign="bottom"> <td align="left" valign="bottom"> Barclays New York Municipal Bond Index* </td> <td> </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 9.79 </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td> </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 5.26 </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td> </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 5.35 </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td> </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> </tr> <tr valign="bottom"> <td colspan="15" valign="bottom"> <div style="margin-left: 0%; width: 100%; border-bottom: 1pt solid #260F54"></div> </td> </tr> <tr valign="bottom"> <td align="left" valign="bottom"> Barclays Municipal Bond Index* </td> <td> </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 10.70 </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td> </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 5.22 </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td> </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 5.38 </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td> </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> </tr> <tr valign="bottom"> <td colspan="15" valign="bottom"> <div style="margin-left: 0%; width: 100%; border-bottom: 1pt solid #260F54"></div> </td> </tr> </table> <div align="left"> <div style="margin-top: 16pt; width: 18%; border-top: 1px solid #000000"> </div> </div> <table width="100%" border="0" cellpadding="0" cellspacing="0"> <tr> <td width="3%"></td> <td width="1%"></td> <td width="96%"></td> </tr> <tr valign="top"> <td nowrap="nowrap" align="left">*</td> <td> </td> <td>Prior to December 14, 2012, the fund compared its performance solely to the Barclays Municipal Bond Index. After this date, the fund added the Barclays New York Municipal Bond Index as the primary benchmark index and retained the Barclays Municipal Bond Index as the secondary benchmark index to which the fund compares its performance to better reflect the universe of investment opportunities based on the fund's investment strategy.</td> </tr> </table> </div>
<div> <div align="left"><b>John Hancock New York Tax-Free Income Fund (the "fund")<br/> Supplement dated 12-14-2012 to the current Prospectus</b> </div> <br/><div align="left">In the "Fund Summary" section, under the "Past performance" subsection, the following benchmark index descriptions are added and the "Average annual total returns" table is amended and restated as follows: </div><br/> <div align="left"><b>Barclays New York Municipal Bond Index</b> is an unmanaged index composed of New York investment grade municipal bonds.</div><br/> <div align="left"><b>Barclays Municipal Bond Index</b> is an unmanaged index representative of the tax-exempt bond market.</div> <div align="left"> </div> <table border="0" width="100%" align="center" cellpadding="0" cellspacing="0"> <tr> <td width="69%"> </td> <!-- colindex=01 type=maindata --> <td width="6%"> </td> <!-- colindex=02 type=gutter --> <td width="1%" align="right"> </td> <!-- colindex=02 type=lead --> <td width="1%" align="right"> </td> <!-- colindex=02 type=body --> <td width="1%" align="left"> </td> <!-- colindex=02 type=hang1 --> <td width="6%"> </td> <!-- colindex=03 type=gutter --> <td width="1%" align="right"> </td> <!-- colindex=03 type=lead --> <td width="1%" align="right"> </td> <!-- colindex=03 type=body --> <td width="1%" align="left"> </td> <!-- colindex=03 type=hang1 --> <td width="6%"> </td> <!-- colindex=04 type=gutter --> <td width="1%" align="right"> </td> <!-- colindex=04 type=lead --> <td width="2%" align="right"> </td> <!-- colindex=04 type=body --> <td width="1%" align="left"> </td> <!-- colindex=04 type=hang1 --> <td width="1%"> </td> <!-- colindex=05 type=gutter --> <td width="2%"> </td> <!-- colindex=05 type=maindata --> </tr> <tr align="center"> <td nowrap="nowrap" align="left" valign="bottom"> <b> Average annual total returns </b>(%)</td> <td> </td> <td colspan="2" nowrap="nowrap" align="center" valign="bottom"> <b>1 Year</b> </td> <td> </td> <td> </td> <td colspan="2" nowrap="nowrap" align="center" valign="bottom"> <b>5 Year</b> </td> <td> </td> <td> </td> <td colspan="2" nowrap="nowrap" align="center" valign="bottom"> <b>10 Year</b> </td> <td> </td> <td> </td> <td nowrap="nowrap" align="center" valign="bottom"> </td> </tr> <tr> <td> </td> </tr> <tr valign="bottom"> <td align="left" valign="bottom"> <b>as of 12-31-11</b> </td> <td> </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td> </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td> </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td> </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> </tr> <tr valign="bottom"> <td colspan="15" valign="bottom"> <div style="margin-left: 0%; width: 100%; border-bottom: 1pt solid #260F54"></div> </td> </tr> <tr valign="bottom"> <td align="left" valign="bottom"> <b>Class A </b>before tax </td> <td> </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 4.65 </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td> </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 3.26 </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td> </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 4.15 </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td> </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> </tr> <tr valign="bottom"> <td colspan="15" valign="bottom"> <div style="margin-left: 0%; width: 100%; border-bottom: 1pt solid #260F54"></div> </td> </tr> <tr valign="bottom"> <td align="left" valign="bottom"> <div style="text-indent: -8pt; margin-left: 20pt"> After tax on distributions </div> </td> <td> </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 4.64 </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td> </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 3.26 </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td> </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 4.15 </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td> </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> </tr> <tr valign="bottom"> <td colspan="15" valign="bottom"> <div style="margin-left: 0%; width: 100%; border-bottom: 1pt solid #260F54"></div> </td> </tr> <tr valign="bottom"> <td align="left" valign="bottom"> <div style="text-indent: -8pt; margin-left: 20pt"> After tax on distributions, with sale </div> </td> <td> </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 4.48 </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td> </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 3.37 </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td> </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 4.16 </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td> </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> </tr> <tr valign="bottom"> <td colspan="15" valign="bottom"> <div style="margin-left: 0%; width: 100%; border-bottom: 1pt solid #260F54"></div> </td> </tr> <tr valign="bottom"> <td align="left" valign="bottom"> <b>Class B </b>before tax </td> <td> </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 3.67 </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td> </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 3.14 </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td> </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 4.05 </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td> </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> </tr> <tr valign="bottom"> <td colspan="15" valign="bottom"> <div style="margin-left: 0%; width: 100%; border-bottom: 1pt solid #260F54"></div> </td> </tr> <tr valign="bottom"> <td align="left" valign="bottom"> <b>Class C </b>before tax </td> <td> </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 7.68 </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td> </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 3.49 </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td> </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 3.90 </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td> </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> </tr> <tr valign="bottom"> <td colspan="15" valign="bottom"> <div style="margin-left: 0%; width: 100%; border-bottom: 1pt solid #260F54"></div> </td> </tr> <tr valign="bottom"> <td align="left" valign="bottom"> Barclays New York Municipal Bond Index* </td> <td> </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 9.79 </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td> </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 5.26 </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td> </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 5.35 </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td> </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> </tr> <tr valign="bottom"> <td colspan="15" valign="bottom"> <div style="margin-left: 0%; width: 100%; border-bottom: 1pt solid #260F54"></div> </td> </tr> <tr valign="bottom"> <td align="left" valign="bottom"> Barclays Municipal Bond Index* </td> <td> </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 10.70 </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td> </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 5.22 </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td> </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 5.38 </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td> </td> <td nowrap="nowrap" align="left" valign="bottom"> </td> </tr> <tr valign="bottom"> <td colspan="15" valign="bottom"> <div style="margin-left: 0%; width: 100%; border-bottom: 1pt solid #260F54"></div> </td> </tr> </table> <div align="left"> <div style="margin-top: 16pt; width: 18%; border-top: 1px solid #000000"> </div> </div> <table width="100%" border="0" cellpadding="0" cellspacing="0"> <tr> <td width="3%"></td> <td width="1%"></td> <td width="96%"></td> </tr> <tr valign="top"> <td nowrap="nowrap" align="left">*</td> <td> </td> <td>Prior to December 14, 2012, the fund compared its performance solely to the Barclays Municipal Bond Index. After this date, the fund added the Barclays New York Municipal Bond Index as the primary benchmark index and retained the Barclays Municipal Bond Index as the secondary benchmark index to which the fund compares its performance to better reflect the universe of investment opportunities based on the fund's investment strategy.</td> </tr> </table> </div>
<b>Average annual total returns</b> (%)<br/><b>as of 12-31-11</b>
Prior to December 14, 2012, the fund compared its performance solely to the Barclays Municipal Bond Index. After this date, the fund added the Barclays New York Municipal Bond Index as the primary benchmark index and retained the Barclays Municipal Bond Index as the secondary benchmark index to which the fund compares its performance to better reflect the universe of investment opportunities based on the fund’s investment strategy.