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Previous: VALLEY FORGE LIFE INSURANCE CO VARIABLE LIFE SEPARATE ACCOUN, 497, 2000-05-05 |
Next: VARIABLE ACCOUNT A/MA, 497, 2000-05-05 |
<PAGE>
As filed with the Securities and Exchange Commission on May 5, 2000.
- -------------------------------------------------------------------------------
File Nos. 333-00999
811-07541
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM N-4
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
POST-EFFECTIVE AMENDMENT NO. 10 /X/
AND/OR
REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940
AMENDMENT NO. 12 /X/
GLENBROOK LIFE MULTI-MANAGER VARIABLE ACCOUNT
(Exact Name of Registrant)
GLENBROOK LIFE AND ANNUITY COMPANY
(Name of Depositor)
MICHAEL J. VELOTTA
VICE PRESIDENT, SECRETARY AND GENERAL COUNSEL
GLENBROOK LIFE AND ANNUITY COMPANY
3100 SANDERS ROAD
NORTHBROOK, ILLINOIS 60062
847/402-2400
(Name and Complete Address of Agent for Service)
COPIES TO:
RICHARD T. CHOI, ESQUIRE TERRY R. YOUNG, ESQUIRE
FREEDMAN, LEVY, KROLL & SIMONDS ALFS, INC.
1050 CONNECTICUT AVENUE, N.W. 3100 SAUNDERS ROAD
SUITE 825 NORTHBROOK, IL 60062
WASHINGTON, DC 20036-5366
APPROXIMATE DATE OF PROPOSED PUBLIC OFFERING: CONTINUOUS IT IS PROPOSED
THAT THIS FILING WILL BECOME EFFECTIVE (CHECK APPROPRIATE BOX)
immediately upon filing pursuant to paragraph (b) of Rule 485
---
X on May 5, 2000 pursuant to paragraph (b) of Rule 485
---
60 days after filing pursuant to paragraph (a)(1) of Rule 485
---
on (date) pursuant to paragraph (a)(1) of Rule 485
---
IF APPROPRIATE, CHECK THE FOLLOWING BOX:
__ This post-effective amendment designates a new effective date for a
previously filed post-effective amendment.
TITLE OF SECURITIES BEING REGISTERED: Units of Interest in the Glenbrook Life
Multi-Manager Variable Account under Deferred Variable Annuity Contracts.
<PAGE>
Explanatory Note
Registrant is filing this post-effective amendment ("Amendment") for the sole
purpose of amending the registration statement to include certain exhibits which
were inadvertently omitted from Post-Effective Amendment No. 9, as filed with
the SEC on May 1, 2000. The Amendment is not intended to amend or delete any
part of the registration statement, except as specifically noted herein.
PART C
Part C is hereby amended to include the following exhibits:
Item 24(b). EXHIBITS
(9)(d) Opinion and Consent of Michael J. Velotta, Vice President,
Secretary and General Counsel of Glenbrook Life and Annuity
Company.
(10)(a) Independent Auditors' Consent
(10)(b) Consent of Freedman, Levy, Kroll & Simonds
(13)(e) Performance Data Calculations
(99) Powers of Attorney of Thomas J. Wilson, II, Michael J.
Velotta, Sarah R. Donahue, Brent H. Hamann, John R. Hunter,
Timothy N. Vander Pas, G. Craig Whitehead, Kevin R. Slawin
and Samuel H. Pilch
<PAGE>
As required by the Securities Act of 1933 and the Investment Company Act of
1940, the Registrant, Glenbrook Life Multi-Manager Variable Account, certifies
that it meets the requirements of Securities Act Rule 485(b) for effectiveness
of this amended Registration Statement and has caused this amended Registration
Statement to be signed on its behalf by the undersigned, thereunto duly
authorized all in the Township of Northfield, State of Illinois, on the 4th day
of May, 2000.
GLENBROOK LIFE MULTI-MANAGER VARIABLE ACCOUNT
(REGISTRANT)
BY: GLENBROOK LIFE AND ANNUITY COMPANY
(DEPOSITOR)
By:/s/MICHAEL J. VELOTTA
Michael J. Velotta
Vice President, Secretary and General Counsel
As required by the Securities Act of 1933, this amended Registration Statement
has been signed below by the following Officers and Directors of Glenbrook Life
and Annuity Company on the 4th day of May, 2000.
*/THOMAS J. WILSON, II President, Chief Operating Officer
Thomas J. Wilson, II and Director (Principal Executive Officer)
/s/MICHAEL J. VELOTTA Vice President, Secretary,
Michael J. Velotta General Counsel and Director
*/JOHN R. HUNTER Vice President and Director
John R. Hunter
*/KEVIN R. SLAWIN Vice President and Director
Kevin R. Slawin (Principal Financial Officer)
*/SAMUEL H. PILCH Controller
Samuel H. Pilch (Principal Accounting Officer)
*/SARAH R. DONAHUE Assistant Vice President and Director
Sarah R. Donahue
*/TIMOTHY N. VANDER PAS Assistant Vice President and Director
Timothy N. VanderPas
*/BRENT H. HAMANN Director
Brent H. Hamann
*/G. CRAIG WHITEHEAD Assistant Vice President and Director
G. Craig Whitehead
*/By Michael J. Velotta, pursuant to Powers of Attorney filed herewith
<PAGE>
EXHIBIT LIST
The following exhibits are filed herewith:
EXHIBIT NO. DESCRIPTION
(9)(d) Opinion and Consent of Michael J. Velotta, Vice President,
Secretary and General Counsel of Glenbrook Life and Annuity
Company.
(10)(a) Independent Auditors' Consent
(10)(b) Consent of Freedman, Levy, Kroll & Simonds
(13)(e) Performance Data Calculations
(99) Powers of Attorney of Thomas J. Wilson, II, Michael J.
Velotta, Sarah R. Donahue, Brent H. Hamann, John R. Hunter,
Timothy N. Vander Pas, G. Craig Whitehead, Kevin R. Slawin
and Samuel H. Pilch
<PAGE>
GLENBROOK LIFE AND ANNUITY COMPANY
LAW AND REGULATION DEPARTMENT
3100 Sanders Road, J5B
Northbrook, Illinois 60062
Direct Dial Number 847 402-2400
Facsimile 847 402-4371
Michael J. Velotta Please direct reply to:
Vice President, Secretary Post Office Box 3005
and General Counsel Northbrook, Illinois 60065-3005
May 4, 2000
TO: GLENBROOK LIFE AND ANNUITY COMPANY
NORTHBROOK, ILLINOIS 60062
FROM: MICHAEL J. VELOTTA
VICE PRESIDENT, SECRETARY AND GENERAL COUNSEL
RE: FORM N-4 REGISTRATION STATEMENT
UNDER THE SECURITIES ACT OF 1933
AND THE INVESTMENT COMPANY ACT OF 1940
FILE NOS. 333-00999, 811-07541
With reference to the Registration Statement on Form N-4 filed by Glenbrook
Life and Annuity Company (the "Company"), as depositor, and Glenbrook Life
Multi-Manager Variable Account, as registrant, with the Securities and
Exchange Commission covering the Flexible Premium Deferred Variable Annuity
Contracts, I have examined such documents and such laws as I have considered
necessary and appropriate, and on the basis of such examination, it is my
opinion that as of May 4, 2000:
1. The Company is duly organized and existing under the laws of the
State of Arizona and has been duly authorized to do business by the
Director of Insurance of the State of Arizona.
2. The securities registered by the above Registration Statement when
issued will be valid, legal and binding obligations of the Company.
I hereby consent to the filing of this opinion as an exhibit to the above
referenced Registration Statement and to the use of my name under the caption
"Legal Matters" in the Prospectus constituting a part of the Registration
Statement.
Sincerely,
/s/MICHAEL J. VELOTTA
- ---------------------
Michael J. Velotta
Vice President, Secretary and
General Counsel
<PAGE>
INDEPENDENT AUDITORS' CONSENT
We consent to the use in this Post-Effective Amendment No. 9 to Registration
Statement No. 333-00999 of Glenbrook Life Multi-Manager Variable Account of
Glenbrook Life and Annuity Company on Form N-4 of our report dated February 25,
2000 relating to the financial statements and the related financial statement
schedule of Glenbrook Life and Annuity Company, and our report dated March 27,
2000 relating to the financial statements of Glenbrook Life Multi-Manager
Variable Account, appearing in the Statement of Additional Information (which is
incorporated by reference in the Prospectus of Glenbrook Life Multi-Manager
Variable Account of Glenbrook Life and Annuity Company), which is part of such
Registration Statement, and to the reference to us under the heading "Experts"
in such Prospectuses and Statement of Additional Information.
Chicago, Illinois
May 1, 2000
<PAGE>
FREEDMAN, LEVY, KROLL & SIMONDS
CONSENT OF
FREEDMAN, LEVY, KROLL & SIMONDS
We hereby consent to the reference to our firm under the caption "Legal
Matters" in the prospectus contained in Post-Effective Amendment No. 9 to the
Form N-4 Registration Statement of Glenbrook Life Multi-Manager Variable
Account (File No. 333-00999).
/s/ Freedman, Levy, Kroll & Simonds
FREEDMAN, LEVY, KROLL & SIMONDS
Washington, D.C.
April 30, 2000
<PAGE>
<TABLE>
<CAPTION>
<S><C>
BASE Contract
- --------------------------------------------------------------------------------------------------------------------------------
MFS Research Series
26-Jul-95
TO NO. YEARS 4.433
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 26-Jul-95 1000.00 4.871810 205.26252
1 FEE 26-Jul-96 0.737333402 5.660394 0.13026 0.06
2 FEE 26-Jul-97 0.737333402 7.768356 0.09491 0.06
3 FEE 26-Jul-98 0.737333402 9.104526 0.08099 0.05
4 26-Jul-99 0.737333402 9.951467 0.07409 0.05
5 31-Dec-99 0.737333402 11.532676 0.06393 0.04
6 N/A 0 N/A 0.00000 0.03
7 N/A 0 N/A 0.00000 0
8 N/A 0 N/A 0.00000 0
9 N/A 0 N/A 0.00000 0
10 N/A 0 N/A 0.00000 0
11 N/A 0 N/A 0.00000 0
12 N/A 0 N/A 0.00000 0
13 N/A 0 N/A 0.00000 0
14 FEE N/A 0 N/A 0.00000 0
15 FEE N/A 0 N/A 0.00000 0
RESULTING VALUE 31-Dec-99 11.532676 204.81833 2362.1035
4.433
FORMULA: 1000*(1+T)= 2362.1035
= 2328.103451
T = 21.00%
R = 132.81%
Templeton Stock Fund
24-Aug-88
TO NO. YEARS 11.351
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 24-Aug-88 1000.00 3.098421 322.74504
1 FEE 24-Aug-89 0.737333402 3.532302 0.20874 0.06
2 FEE 24-Aug-90 0.737333402 3.646821 0.20219 0.06
3 FEE 24-Aug-91 0.737333402 3.651789 0.20191 0.05
4 24-Aug-92 0.737333402 4.202583 0.17545 0.05
5 24-Aug-93 0.737333402 4.794401 0.15379 0.04
6 24-Aug-94 0.737333402 5.656433 0.13035 0.03
7 24-Aug-95 0.737333402 6.428630 0.11470 0
8 24-Aug-96 0.737333402 7.033705 0.10483 0
9 24-Aug-97 0.737333402 9.665252 0.07629 0
10 24-Aug-98 0.737333402 9.791578 0.07530 0
11 24-Aug-99 0.737333402 9.968530 0.07397 0
12 31-Dec-99 0.737333402 11.366272 0.06487 0
13 N/A 0 N/A 0.00000 0
14 FEE N/A 0 N/A 0.00000 0
15 FEE N/A 0 N/A 0.00000 0
RESULTING VALUE 31-Dec-99 11.366272 321.16266 3650.4221
11.351
FORMULA: 1000*(1+T)= 3650.4221
= 3650.422149
T = 12.08%
R = 265.04%
<PAGE>
Templeton International
01-May-92
TO NO. YEARS 7.666
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 01-May-92 1000.00 4.140315 241.52752
1 FEE 01-May-93 0.737333402 4.244745 0.17370 0.06
2 FEE 01-May-94 0.737333402 5.448390 0.13533 0.06
3 FEE 01-May-95 0.737333402 5.597975 0.13171 0.05
4 01-May-96 0.737333402 6.722764 0.10968 0.05
5 01-May-97 0.737333402 7.892876 0.09342 0.04
6 01-May-98 0.737333402 10.009339 0.07366 0.03
7 01-May-99 0.737333402 10.048263 0.07338 0
8 31-Dec-99 0.737333402 11.263799 0.06546 0
9 N/A 0 N/A 0.00000 0
10 N/A 0 N/A 0.00000 0
11 N/A 0 N/A 0.00000 0
12 N/A 0 N/A 0.00000 0
13 N/A 0 N/A 0.00000 0
14 FEE N/A 0 N/A 0.00000 0
15 FEE N/A 0 N/A 0.00000 0
RESULTING VALUE 31-Dec-99 11.263799 240.67117 2710.8717
7.666
FORMULA: 1000*(1+T)= 2710.8717
= 2710.871661
T = 13.89%
R = 171.09%
Templeton Developing Markets
04-Mar-96
TO NO. YEARS 3.825
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 04-Mar-96 1000.00 15.770466 63.40967
1 FEE 04-Mar-97 0.737333402 16.137381 0.04569 0.06
2 FEE 04-Mar-98 0.737333402 10.895509 0.06767 0.06
3 FEE 04-Mar-99 0.737333402 7.552472 0.09763 0.05
4 31-Dec-99 0.737333402 12.166056 0.06061 0.05
5 N/A 0 N/A 0.00000 0.04
6 N/A 0 N/A 0.00000 0.03
7 N/A 0 N/A 0.00000 0
8 N/A 0 N/A 0.00000 0
9 N/A 0 N/A 0.00000 0
10 N/A 0 N/A 0.00000 0
11 N/A 0 N/A 0.00000 0
12 N/A 0 N/A 0.00000 0
13 N/A 0 N/A 0.00000 0
14 FEE N/A 0 N/A 0.00000 0
15 FEE N/A 0 N/A 0.00000 0
RESULTING VALUE 31-Dec-99 12.166056 63.13807 768.1413
3.825
FORMULA: 1000*(1+T)= 768.1413
= 725.6412846
T = -8.04%
R = -27.44%
<PAGE>
Franklin Small Cap Investments
01-May-98
TO NO. YEARS 1.667
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 01-May-98 1000.00 8.205175 121.87430
1 FEE 01-May-99 0.737333402 7.827447 0.09420 0.06
2 FEE 31-Dec-99 0.737333402 12.669704 0.05820 0.06
3 FEE N/A 0 N/A 0.00000 0.05
4 N/A 0 N/A 0.00000 0.05
5 N/A 0 N/A 0.00000 0.04
6 N/A 0 N/A 0.00000 0.03
7 N/A 0 N/A 0.00000 0
8 N/A 0 N/A 0.00000 0
9 N/A 0 N/A 0.00000 0
10 N/A 0 N/A 0.00000 0
11 N/A 0 N/A 0.00000 0
12 N/A 0 N/A 0.00000 0
13 N/A 0 N/A 0.00000 0
14 FEE N/A 0 N/A 0.00000 0
15 FEE N/A 0 N/A 0.00000 0
RESULTING VALUE 31-Dec-99 12.669704 121.72191 1542.1806
1.667
FORMULA: 1000*(1+T)= 1542.1806
= 1491.180569
T = 27.08%
R = 49.12%
Mutual Shares Investment Fund
01-May-98
TO NO. YEARS 1.667
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 01-May-98 1000.00 9.863746 101.38136
1 FEE 01-May-99 0.737333402 10.449911 0.07056 0.06
2 FEE 31-Dec-99 0.737333402 10.310906 0.07151 0.06
3 FEE N/A 0 N/A 0.00000 0.05
4 N/A 0 N/A 0.00000 0.05
5 N/A 0 N/A 0.00000 0.04
6 N/A 0 N/A 0.00000 0.03
7 N/A 0 N/A 0.00000 0
8 N/A 0 N/A 0.00000 0
9 N/A 0 N/A 0.00000 0
10 N/A 0 N/A 0.00000 0
11 N/A 0 N/A 0.00000 0
12 N/A 0 N/A 0.00000 0
13 N/A 0 N/A 0.00000 0
14 FEE N/A 0 N/A 0.00000 0
15 FEE N/A 0 N/A 0.00000 0
RESULTING VALUE 31-Dec-99 10.310906 101.23929 1043.8688
1.667
FORMULA: 1000*(1+T)= 1043.8688
= 992.8688309
T = -0.43%
R = -0.71%
<PAGE>
Oppenheimer Main Street Growth & Income
05-Jul-95
TO NO. YEARS 4.490
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 05-Jul-95 1000.00 4.051905 246.79749
1 FEE 05-Jul-96 0.737333402 5.823424 0.12662 0.06
2 FEE 05-Jul-97 0.737333402 7.661545 0.09624 0.06
3 FEE 05-Jul-98 0.737333402 9.778812 0.07540 0.05
4 05-Jul-99 0.737333402 10.307103 0.07154 0.05
5 31-Dec-99 0.737333402 10.782246 0.06838 0.04
6 N/A 0 N/A 0.00000 0.03
7 N/A 0 N/A 0.00000 0
8 N/A 0 N/A 0.00000 0
9 N/A 0 N/A 0.00000 0
10 N/A 0 N/A 0.00000 0
11 N/A 0 N/A 0.00000 0
12 N/A 0 N/A 0.00000 0
13 N/A 0 N/A 0.00000 0
14 FEE N/A 0 N/A 0.00000 0
15 FEE N/A 0 N/A 0.00000 0
RESULTING VALUE 31-Dec-99 10.782246 246.35932 2656.3068
4.490
FORMULA: 1000*(1+T)= 2656.3068
= 2622.306783
T = 23.95%
R = 162.23%
Oppenheimer Capital Appreciation
03-Apr-85
TO NO. YEARS 14.743
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 03-Apr-85 1000.00 1.312692 761.79332
1 FEE 03-Apr-86 0.737333402 1.561112 0.47231 0.06
2 FEE 03-Apr-87 0.737333402 1.989409 0.37063 0.06
3 FEE 03-Apr-88 0.737333402 1.853831 0.39773 0.05
4 03-Apr-89 0.737333402 2.252369 0.32736 0.05
5 03-Apr-90 0.737333402 2.405161 0.30656 0.04
6 03-Apr-91 0.737333402 2.467417 0.29883 0.03
7 03-Apr-92 0.737333402 2.756372 0.26750 0
8 03-Apr-93 0.737333402 3.131399 0.23546 0
9 03-Apr-94 0.737333402 3.283166 0.22458 0
10 03-Apr-95 0.737333402 3.670836 0.20086 0
11 03-Apr-96 0.737333402 4.906804 0.15027 0
12 03-Apr-97 0.737333402 5.574936 0.13226 0
13 03-Apr-98 0.737333402 8.054537 0.09154 0
14 FEE 03-Apr-99 0.737333402 9.231328 0.07987 0
15 FEE 31-Dec-99 0.737333402 12.118423 0.06084 0
RESULTING VALUE 31-Dec-99 12.118423 758.17670 9187.9060
14.743
FORMULA: 1000*(1+T)= 9187.9060
= 9187.905969
T = 16.23%
R = 818.79%
<PAGE>
Oppenheimer Aggressive Growth
15-Aug-86
TO NO. YEARS 13.377
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 15-Aug-86 1000.00 1.534519 651.67000
1 FEE 15-Aug-87 0.737333402 1.986479 0.37118 0.06
2 FEE 15-Aug-88 0.737333402 1.796383 0.41045 0.06
3 FEE 15-Aug-89 0.737333402 2.423669 0.30422 0.05
4 15-Aug-90 0.737333402 2.183610 0.33767 0.05
5 15-Aug-91 0.737333402 2.536012 0.29075 0.04
6 15-Aug-92 0.737333402 2.768632 0.26632 0.03
7 15-Aug-93 0.737333402 3.760400 0.19608 0
8 15-Aug-94 0.737333402 3.772532 0.19545 0
9 15-Aug-95 0.737333402 4.735035 0.15572 0
10 15-Aug-96 0.737333402 5.812075 0.12686 0
11 15-Aug-97 0.737333402 6.695186 0.11013 0
12 15-Aug-98 0.737333402 6.835595 0.10787 0
13 15-Aug-99 0.737333402 9.068427 0.08131 0
14 FEE 31-Dec-99 0.737333402 13.731518 0.05370 0
15 FEE N/A 0 N/A 0.00000 0
RESULTING VALUE 31-Dec-99 13.731518 648.66231 8907.1182
13.377
FORMULA: 1000*(1+T)= 8907.1182
= 8907.11823
T = 17.76%
R = 790.71%
Oppenheimer Strategic Bond
03-May-93
TO NO. YEARS 6.661
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 03-May-93 1000.00 6.960368 143.67056
1 FEE 03-May-94 0.737333402 7.259553 0.10157 0.06
2 FEE 03-May-95 0.737333402 7.565029 0.09747 0.06
3 FEE 03-May-96 0.737333402 8.376412 0.08802 0.05
4 03-May-97 0.737333402 9.218579 0.07998 0.05
5 03-May-98 0.737333402 10.096987 0.07303 0.04
6 03-May-99 0.737333402 10.181180 0.07242 0.03
7 31-Dec-99 0.737333402 10.165200 0.07254 0
8 N/A 0 N/A 0.00000 0
9 N/A 0 N/A 0.00000 0
10 N/A 0 N/A 0.00000 0
11 N/A 0 N/A 0.00000 0
12 N/A 0 N/A 0.00000 0
13 N/A 0 N/A 0.00000 0
14 FEE N/A 0 N/A 0.00000 0
15 FEE N/A 0 N/A 0.00000 0
RESULTING VALUE 31-Dec-99 10.165200 143.08554 1454.4931
6.661
FORMULA: 1000*(1+T)= 1454.4931
= 1454.493146
T = 5.79%
R = 45.45%
<PAGE>
Oppenheimer Global Securities
12-Nov-90
TO NO. YEARS 9.133
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 12-Nov-90 1000.00 3.528117 283.43731
1 FEE 12-Nov-91 0.737333402 3.703992 0.19906 0.06
2 FEE 12-Nov-92 0.737333402 3.314052 0.22249 0.06
3 FEE 12-Nov-93 0.737333402 4.976113 0.14817 0.05
4 12-Nov-94 0.737333402 5.552543 0.13279 0.05
5 12-Nov-95 0.737333402 5.202873 0.14172 0.04
6 12-Nov-96 0.737333402 5.963156 0.12365 0.03
7 12-Nov-97 0.737333402 7.184532 0.10263 0
8 12-Nov-98 0.737333402 7.509099 0.09819 0
9 12-Nov-99 0.737333402 10.892831 0.06769 0
10 31-Dec-99 0.737333402 13.113362 0.05623 0
11 N/A 0 N/A 0.00000 0
12 N/A 0 N/A 0.00000 0
13 N/A 0 N/A 0.00000 0
14 FEE N/A 0 N/A 0.00000 0
15 FEE N/A 0 N/A 0.00000 0
RESULTING VALUE 31-Dec-99 13.113362 282.14469 3699.8655
9.133
FORMULA: 1000*(1+T)= 3699.8655
= 3699.865484
T = 15.40%
R = 269.99%
STI Capital Appreciation
02-Oct-95
TO NO. YEARS 4.246
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 02-Oct-95 1000.00 4.392214 227.67561
1 FEE 02-Oct-96 0.737333402 5.432431 0.13573 0.06
2 FEE 02-Oct-97 0.737333402 7.512105 0.09815 0.06
3 FEE 02-Oct-98 0.737333402 7.852580 0.09390 0.05
4 02-Oct-99 0.737333402 9.737244 0.07572 0.05
5 31-Dec-99 0.737333402 10.600912 0.06955 0.04
6 N/A 0 N/A 0.00000 0.03
7 N/A 0 N/A 0.00000 0
8 N/A 0 N/A 0.00000 0
9 N/A 0 N/A 0.00000 0
10 N/A 0 N/A 0.00000 0
11 N/A 0 N/A 0.00000 0
12 N/A 0 N/A 0.00000 0
13 N/A 0 N/A 0.00000 0
14 FEE N/A 0 N/A 0.00000 0
15 FEE N/A 0 N/A 0.00000 0
RESULTING VALUE 31-Dec-99 10.600912 227.20256 2408.5543
4.246
FORMULA: 1000*(1+T)= 2408.5543
= 2374.554293
T = 22.59%
R = 137.46%
<PAGE>
STI Value Income
02-Oct-95
TO NO. YEARS 4.246
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 02-Oct-95 1000.00 5.784047 172.88933
1 FEE 02-Oct-96 0.737333402 6.918866 0.10657 0.06
2 FEE 02-Oct-97 0.737333402 9.181103 0.08031 0.06
3 FEE 02-Oct-98 0.737333402 8.760781 0.08416 0.05
4 02-Oct-99 0.737333402 9.738649 0.07571 0.05
5 31-Dec-99 0.737333402 9.462829 0.07792 0.04
6 N/A 0 N/A 0.00000 0.03
7 N/A 0 N/A 0.00000 0
8 N/A 0 N/A 0.00000 0
9 N/A 0 N/A 0.00000 0
10 N/A 0 N/A 0.00000 0
11 N/A 0 N/A 0.00000 0
12 N/A 0 N/A 0.00000 0
13 N/A 0 N/A 0.00000 0
14 FEE N/A 0 N/A 0.00000 0
15 FEE N/A 0 N/A 0.00000 0
RESULTING VALUE 31-Dec-99 9.462829 172.46466 1632.0035
4.246
FORMULA: 1000*(1+T)= 1632.0035
= 1598.003546
T = 11.67%
R = 59.80%
Federated Prime Money Fund II
21-Nov-94
TO NO. YEARS 5.109
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 21-Nov-94 1000.00 8.371730 119.44962
1 FEE 21-Nov-95 0.737333402 8.701933 0.08473 0.06
2 FEE 21-Nov-96 0.737333402 9.013746 0.08180 0.06
3 FEE 21-Nov-97 0.737333402 9.345579 0.07890 0.05
4 21-Nov-98 0.737333402 9.697791 0.07603 0.05
5 21-Nov-99 0.737333402 10.021459 0.07358 0.04
6 31-Dec-99 0.737333402 10.064374 0.07326 0.03
7 N/A 0 N/A 0.00000 0
8 N/A 0 N/A 0.00000 0
9 N/A 0 N/A 0.00000 0
10 N/A 0 N/A 0.00000 0
11 N/A 0 N/A 0.00000 0
12 N/A 0 N/A 0.00000 0
13 N/A 0 N/A 0.00000 0
14 FEE N/A 0 N/A 0.00000 0
15 FEE N/A 0 N/A 0.00000 0
RESULTING VALUE 31-Dec-99 10.064374 118.98133 1197.4726
5.109
FORMULA: 1000*(1+T)= 1197.4726
= 1171.972564
T = 3.15%
R = 17.20%
<PAGE>
MFS Research Series
31-Dec-98
TO NO. YEARS 1.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-98 1000.00 9.404335 106.33394
1 FEE 31-Dec-99 0.737333402 11.532676 0.06393 0.06
RESULTING VALUE 31-Dec-99 11.532676 106.27001 1225.5776
1.000
FORMULA: 1000*(1+T)= 1225.5776
= 1174.577552
T = 17.46% 22.56%
R = 17.46% 22.56%
Templeton Stock Fund
31-Dec-98
TO NO. YEARS 1.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-98 1000.00 8.926792 112.02233
1 FEE 31-Dec-99 0.737333402 11.366272 0.06487 0.06
RESULTING VALUE 31-Dec-99 11.366272 111.95746 1272.5389
1.000
FORMULA: 1000*(1+T)= 1272.5389
= 1221.538889
T = 22.15% 27.25%
R = 22.15% 27.25%
<PAGE>
Templeton International
31-Dec-98
TO NO. YEARS 1.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-98 1000.00 9.245141 108.16493
1 FEE 31-Dec-99 0.737333402 11.263799 0.06546 0.06
RESULTING VALUE 31-Dec-99 11.263799 108.09947 1217.6107
1.000
FORMULA: 1000*(1+T)= 1217.6107
= 1166.610662
T = 16.66% 21.76%
R = 16.66% 21.76%
Templeton Developing Markets
31-Dec-98
TO NO. YEARS 1.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-98 1000.00 8.028008 124.56390
1 FEE 31-Dec-99 0.737333402 12.166056 0.06061 0.06
RESULTING VALUE 31-Dec-99 12.166056 124.50330 1514.7141
1.000
FORMULA: 1000*(1+T)= 1514.7141
= 1463.714071
T = 46.37% 51.47%
R = 46.37% 51.47%
Franklin Small Cap Investments
31-Dec-98
TO NO. YEARS 1.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-98 1000.00 7.515349 133.06102
1 FEE 31-Dec-99 0.737333402 12.669704 0.05820 0.06
RESULTING VALUE 31-Dec-99 12.669704 133.00282 1685.1064
1.000
FORMULA: 1000*(1+T)= 1685.1064
= 1634.106398
T = 63.41% 68.51%
R = 63.41% 68.51%
<PAGE>
Mutual Shares Investment Fund
31-Dec-98
TO NO. YEARS 1.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-98 1000.00 9.523345 105.00512
1 FEE 31-Dec-99 0.737333402 10.310906 0.07151 0.06
RESULTING VALUE 31-Dec-99 10.310906 104.93361 1081.9606
1.000
FORMULA: 1000*(1+T)= 1081.9606
= 1030.960605
T = 3.10% 8.20%
R = 3.10% 8.20%
Oppenheimer Main Street Growth & Income
31-Dec-98
TO NO. YEARS 1.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-98 1000.00 8.961506 111.58839
1 FEE 31-Dec-99 0.737333402 10.782246 0.06838 0.06
RESULTING VALUE 31-Dec-99 10.782246 111.52000 1202.4361
1.000
FORMULA: 1000*(1+T)= 1202.4361
= 1151.436106
T = 15.14% 20.24%
R = 15.14% 20.24%
Oppenheimer Capital Appreciation
31-Dec-98
TO NO. YEARS 1.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-98 1000.00 8.653673 115.55787
1 FEE 31-Dec-99 0.737333402 12.118423 0.06084 0.06
RESULTING VALUE 31-Dec-99 12.118423 115.49702 1399.6418
1.000
FORMULA: 1000*(1+T)= 1399.6418
= 1348.641789
T = 34.86% 39.96%
R = 34.86% 39.96%
<PAGE>
Oppenheimer Aggressive Growth
31-Dec-98
TO NO. YEARS 1.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-98 1000.00 7.565153 132.18503
1 FEE 31-Dec-99 0.737333402 13.731518 0.05370 0.06
RESULTING VALUE 31-Dec-99 13.731518 132.13134 1814.3638
1.000
FORMULA: 1000*(1+T)= 1814.3638
= 1763.363828
T = 76.34% 81.44%
R = 76.34% 81.44%
Oppenheimer Strategic Bond
31-Dec-98
TO NO. YEARS 1.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-98 1000.00 10.000131 99.99869
1 FEE 31-Dec-99 0.737333402 10.165200 0.07254 0.06
RESULTING VALUE 31-Dec-99 10.165200 99.92615 1015.7694
1.000
FORMULA: 1000*(1+T)= 1015.7694
= 964.7693504
T = -3.52% 1.58%
R = -3.52% 1.58%
Oppenheimer Global Securities
31-Dec-98
TO NO. YEARS 1.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-98 1000.00 8.369806 119.47708
1 FEE 31-Dec-99 0.737333402 13.113362 0.05623 0.06
RESULTING VALUE 31-Dec-99 13.113362 119.42085 1566.0089
1.000
FORMULA: 1000*(1+T)= 1566.0089
= 1515.008897
T = 51.50% 56.60%
R = 51.50% 56.60%
<PAGE>
STI Capital Appreciation
31-Dec-98
TO NO. YEARS 1.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-98 1000.00 9.862873 101.39034
1 FEE 31-Dec-99 0.737333402 10.600912 0.06955 0.06
RESULTING VALUE 31-Dec-99 10.600912 101.32078 1074.0927
1.000
FORMULA: 1000*(1+T)= 1074.0927
= 1023.092688
T = 2.31% 7.41%
R = 2.31% 7.41%
STI Value Income
31-Dec-98
TO NO. YEARS 1.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-98 1000.00 9.868037 101.33728
1 FEE 31-Dec-99 0.737333402 9.462829 0.07792 0.06
RESULTING VALUE 31-Dec-99 9.462829 101.25936 958.2000
1.000
FORMULA: 1000*(1+T)= 958.2000
= 907.1999912
T = -9.28% -4.18%
R = -9.28% -4.18%
Federated Prime Money Fund II
31-Dec-98
TO NO. YEARS 1.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-98 1000.00 9.731655 102.75744
1 FEE 31-Dec-99 0.737333402 10.064374 0.07326 0.06
RESULTING VALUE 31-Dec-99 10.064374 102.68418 1033.4520
1.000
FORMULA: 1000*(1+T)= 1033.4520
= 982.4520208
T = -1.75% 3.35%
R = -1.75% 3.35%
<PAGE>
MFS Research Series
31-Dec-94
TO NO. YEARS 5.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-94 1000.00 #N/A #N/A
1 FEE 29-Dec-95 0.737333402 5.362985 0.13749
2 FEE 31-Dec-96 0.737333402 6.485288 0.11369
3 FEE 31-Dec-97 0.737333402 7.710027 0.09563
4 FEE 31-Dec-98 0.737333402 9.404335 0.07840
5 FEE 31-Dec-99 0.737333402 11.532676 0.06393 0.03
RESULTING VALUE 31-Dec-99 11.532676 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Templeton Stock Fund
31-Dec-94
TO NO. YEARS 5.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-94 1000.00 5.402557 185.09754
1 FEE 29-Dec-95 0.737333402 6.519728 0.11309
2 FEE 31-Dec-96 0.737333402 8.098128 0.09105
3 FEE 31-Dec-97 0.737333402 8.941994 0.08246
4 FEE 31-Dec-98 0.737333402 8.926792 0.08260
5 FEE 31-Dec-99 0.737333402 11.366272 0.06487 0.03
RESULTING VALUE 31-Dec-99 11.366272 184.66347 2098.9352
5.000
FORMULA: 1000*(1+T)= 2098.9352
= 2073.435229
T = 15.70% 15.98%
R = 107.34% 109.89%
Templeton International
31-Dec-94
TO NO. YEARS 5.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-94 1000.00 5.431143 184.12331
1 FEE 29-Dec-95 0.737333402 6.054338 0.12179
2 FEE 31-Dec-96 0.737333402 7.625162 0.09670
3 FEE 31-Dec-97 0.737333402 8.573696 0.08600
4 FEE 31-Dec-98 0.737333402 9.245141 0.07975
5 FEE 31-Dec-99 0.737333402 11.263799 0.06546 0.03
RESULTING VALUE 31-Dec-99 11.263799 183.67361 2068.8626
5.000
FORMULA: 1000*(1+T)= 2068.8626
= 2043.362605
T = 15.36% 15.65%
R = 104.34% 106.89%
<PAGE>
Templeton Developing Markets
31-Dec-94
TO NO. YEARS 5.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-94 1000.00 #N/A #N/A
1 FEE 29-Dec-95 0.737333402 #N/A #N/A
2 FEE 31-Dec-96 0.737333402 14.730135 0.05006
3 FEE 31-Dec-97 0.737333402 10.287438 0.07167
4 FEE 31-Dec-98 0.737333402 8.028008 0.09185
5 FEE 31-Dec-99 0.737333402 12.166056 0.06061 0.03
RESULTING VALUE 31-Dec-99 12.166056 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Franklin Small Cap Investments
31-Dec-94
TO NO. YEARS 5.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-94 1000.00 #N/A #N/A
1 FEE 29-Dec-95 0.737333402 #N/A #N/A
2 FEE 31-Dec-96 0.737333402 #N/A #N/A
3 FEE 31-Dec-97 0.737333402 #N/A #N/A
4 FEE 31-Dec-98 0.737333402 7.515349 0.09811
5 FEE 31-Dec-99 0.737333402 12.669704 0.05820 0.03
RESULTING VALUE 31-Dec-99 12.669704 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Mutual Shares Investment Fund
31-Dec-94
TO NO. YEARS 5.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-94 1000.00 #N/A #N/A
1 FEE 29-Dec-95 0.737333402 #N/A #N/A
2 FEE 31-Dec-96 0.737333402 #N/A #N/A
3 FEE 31-Dec-97 0.737333402 #N/A #N/A
4 FEE 31-Dec-98 0.737333402 9.523345 0.07742
5 FEE 31-Dec-99 0.737333402 10.310906 0.07151 0.03
RESULTING VALUE 31-Dec-99 10.310906 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
<PAGE>
Oppenheimer Main Street Growth & Income
31-Dec-94
TO NO. YEARS 5.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-94 1000.00 #N/A #N/A
1 FEE 29-Dec-95 0.737333402 5.046996 0.14609
2 FEE 31-Dec-96 0.737333402 6.611017 0.11153
3 FEE 31-Dec-97 0.737333402 8.658088 0.08516
4 FEE 31-Dec-98 0.737333402 8.961506 0.08228
5 FEE 31-Dec-99 0.737333402 10.782246 0.06838 0.03
RESULTING VALUE 31-Dec-99 10.782246 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Oppenheimer Capital Appreciation
31-Dec-94
TO NO. YEARS 5.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-94 1000.00 3.371261 296.62491
1 FEE 29-Dec-95 0.737333402 4.554542 0.16189
2 FEE 31-Dec-96 0.737333402 5.636927 0.13080
3 FEE 31-Dec-97 0.737333402 7.059447 0.10445
4 FEE 31-Dec-98 0.737333402 8.653673 0.08520
5 FEE 31-Dec-99 0.737333402 12.118423 0.06084 0.03
RESULTING VALUE 31-Dec-99 12.118423 296.08172 3588.0436
5.000
FORMULA: 1000*(1+T)= 3588.0436
= 3562.543573
T = 28.93% 29.11%
R = 256.25% 258.80%
Oppenheimer Aggressive Growth
31-Dec-94
TO NO. YEARS 5.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-94 1000.00 3.962433 252.37020
1 FEE 29-Dec-95 0.737333402 5.191279 0.14203
2 FEE 31-Dec-96 0.737333402 6.169441 0.11951
3 FEE 31-Dec-97 0.737333402 6.810818 0.10826
4 FEE 31-Dec-98 0.737333402 7.565153 0.09746
5 FEE 31-Dec-99 0.737333402 13.731518 0.05370 0.03
RESULTING VALUE 31-Dec-99 13.731518 251.84923 3458.2722
5.000
FORMULA: 1000*(1+T)= 3458.2722
= 3432.772247
T = 27.98% 28.17%
R = 243.28% 245.83%
<PAGE>
Oppenheimer Strategic Bond
31-Dec-94
TO NO. YEARS 5.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-94 1000.00 7.242717 138.06973
1 FEE 29-Dec-95 0.737333402 8.257650 0.08929
2 FEE 31-Dec-96 0.737333402 9.148277 0.08060
3 FEE 31-Dec-97 0.737333402 9.831051 0.07500
4 FEE 31-Dec-98 0.737333402 10.000131 0.07373
5 FEE 31-Dec-99 0.737333402 10.165200 0.07254 0.03
RESULTING VALUE 31-Dec-99 10.165200 137.67858 1399.5303
5.000
FORMULA: 1000*(1+T)= 1399.5303
= 1374.030258
T = 6.56% 6.95%
R = 37.40% 39.95%
Oppenheimer Global Securities
31-Dec-94
TO NO. YEARS 5.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-94 1000.00 5.209117 191.97112
1 FEE 29-Dec-95 0.737333402 5.265049 0.14004
2 FEE 31-Dec-96 0.737333402 6.130946 0.12026
3 FEE 31-Dec-97 0.737333402 7.419998 0.09937
4 FEE 31-Dec-98 0.737333402 8.369806 0.08809
5 FEE 31-Dec-99 0.737333402 13.113362 0.05623 0.03
RESULTING VALUE 31-Dec-99 13.113362 191.46711 2510.7776
5.000
FORMULA: 1000*(1+T)= 2510.7776
= 2485.277588
T = 19.97% 20.22%
R = 148.53% 151.08%
STI Capital Appreciation
31-Dec-94
TO NO. YEARS 5.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-94 1000.00 #N/A #N/A
1 FEE 29-Dec-95 0.737333402 4.684694 0.15739
2 FEE 31-Dec-96 0.737333402 5.730697 0.12866
3 FEE 31-Dec-97 0.737333402 7.735526 0.09532
4 FEE 31-Dec-98 0.737333402 9.862873 0.07476
5 FEE 31-Dec-99 0.737333402 10.600912 0.06955 0.03
RESULTING VALUE 31-Dec-99 10.600912 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
<PAGE>
STI Value Income
31-Dec-94
TO NO. YEARS 5.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-94 1000.00 #N/A #N/A
1 FEE 29-Dec-95 0.737333402 6.189453 0.11913
2 FEE 31-Dec-96 0.737333402 7.258520 0.10158
3 FEE 31-Dec-97 0.737333402 9.100253 0.08102
4 FEE 31-Dec-98 0.737333402 9.868037 0.07472
5 FEE 31-Dec-99 0.737333402 9.462829 0.07792 0.03
RESULTING VALUE 31-Dec-99 9.462829 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Federated Prime Money Fund II
31-Dec-94
TO NO. YEARS 5.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-94 1000.00 8.402318 119.01478
1 FEE 29-Dec-95 0.737333402 8.740559 0.08436
2 FEE 31-Dec-96 0.737333402 9.045328 0.08152
3 FEE 31-Dec-97 0.737333402 9.382795 0.07858
4 FEE 31-Dec-98 0.737333402 9.731655 0.07577
5 FEE 31-Dec-99 0.737333402 10.064374 0.07326 0.03
RESULTING VALUE 31-Dec-99 10.064374 118.62129 1193.8490
5.000
FORMULA: 1000*(1+T)= 1193.8490
= 1168.349045
T = 3.16% 3.61%
R = 16.83% 19.38%
Templeton Stock Fund
29-Dec-89
TO NO. YEARS 10.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 29-Dec-89 1000.00 3.445229 290.25647
1 FEE 29-Dec-90 0.737333402 3.114683 0.23673
2 FEE 29-Dec-91 0.737333402 3.666000 0.20113
3 FEE 28-Dec-92 0.737333402 4.135774 0.17828
4 FEE 29-Dec-93 0.737333402 5.210320 0.14151
5 FEE 29-Dec-94 0.737333402 5.474945 0.13467
6 FEE 29-Dec-95 0.737333402 6.519728 0.11309
7 FEE 28-Dec-96 0.737333402 7.939351 0.09287
8 FEE 29-Dec-97 0.737333402 8.881073 0.08302
9 FEE 29-Dec-98 0.737333402 8.978132 0.08213
10 FEE 31-Dec-99 0.737333402 11.366272 0.06487 0
RESULTING VALUE 31-Dec-99 11.366272 288.92816 3284.0361
10.000
FORMULA: 1000*(1+T)= 3284.0361
= 3284.036053
T = 12.63% 12.63%
R = 228.40% 228.40%
<PAGE>
Oppenheimer Capital Appreciation
29-Dec-89
TO NO. YEARS 10.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 29-Dec-89 1000.00 2.498732 400.20298
1 FEE 29-Dec-90 0.737333402 2.258294 0.32650
2 FEE 29-Dec-91 0.737333402 2.752752 0.26785
3 FEE 28-Dec-92 0.737333402 3.170878 0.23253
4 FEE 29-Dec-93 0.737333402 3.381497 0.21805
5 FEE 29-Dec-94 0.737333402 3.384716 0.21784
6 FEE 29-Dec-95 0.737333402 4.554542 0.16189
7 FEE 28-Dec-96 0.737333402 5.693517 0.12950
8 FEE 29-Dec-97 0.737333402 6.898841 0.10688
9 FEE 29-Dec-98 0.737333402 8.604657 0.08569
10 FEE 31-Dec-99 0.737333402 12.118423 0.06084 0
RESULTING VALUE 31-Dec-99 12.118423 398.39540 4827.9240
10.000
FORMULA: 1000*(1+T)= 4827.9240
= 4827.923974
T = 17.05% 17.05%
R = 382.79% 382.79%
Oppenheimer Aggressive Growth
29-Dec-89
TO NO. YEARS 10.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 29-Dec-89 1000.00 2.401527 416.40173
1 FEE 29-Dec-90 0.737333402 1.956650 0.37683
2 FEE 29-Dec-91 0.737333402 2.907460 0.25360
3 FEE 28-Dec-92 0.737333402 3.372280 0.21865
4 FEE 29-Dec-93 0.737333402 4.277405 0.17238
5 FEE 29-Dec-94 0.737333402 3.948814 0.18672
6 FEE 29-Dec-95 0.737333402 5.191279 0.14203
7 FEE 28-Dec-96 0.737333402 6.090513 0.12106
8 FEE 29-Dec-97 0.737333402 6.603378 0.11166
9 FEE 29-Dec-98 0.737333402 7.428928 0.09925
10 FEE 31-Dec-99 0.737333402 13.731518 0.05370 0
RESULTING VALUE 31-Dec-99 13.731518 414.66585 5693.9915
10.000
FORMULA: 1000*(1+T)= 5693.9915
= 5693.991519
T = 19.00% 19.00%
R = 469.40% 469.40%
<PAGE>
Enhanced Death Benefit
- ---------------------------------------------------------------------------------------------------------------------------------
MFS Research Series
26-Jul-95
TO NO. YEARS 4.433
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 26-Jul-95 1000.00 4.917753 203.34490
1 FEE 26-Jul-96 0.737333402 5.701197 0.12933 0.06
2 FEE 26-Jul-97 0.737333402 7.807239 0.09444 0.06
3 FEE 26-Jul-98 0.737333402 9.130058 0.08076 0.05
4 26-Jul-99 0.737333402 9.957339 0.07405 0.05
5 31-Dec-99 0.737333402 11.528513 0.06396 0.04
6 N/A 0 N/A 0.00000 0.03
7 N/A 0 N/A 0.00000 0
8 N/A 0 N/A 0.00000 0
9 N/A 0 N/A 0.00000 0
10 N/A 0 N/A 0.00000 0
11 N/A 0 N/A 0.00000 0
12 N/A 0 N/A 0.00000 0
13 N/A 0 N/A 0.00000 0
14 FEE N/A 0 N/A 0.00000 0
15 FEE N/A 0 N/A 0.00000 0
RESULTING VALUE 31-Dec-99 11.528513 202.90236 2339.1625
4.433
FORMULA: 1000*(1+T)= 2339.1625
= 2305.162544
T = 20.73%
R = 130.52%
Templeton Stock Fund
24-Aug-88
TO NO. YEARS 11.351
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 24-Aug-88 1000.00 3.175021 314.95855
1 FEE 24-Aug-89 0.737333402 3.612290 0.20412 0.06
2 FEE 24-Aug-90 0.737333402 3.721217 0.19814 0.06
3 FEE 24-Aug-91 0.737333402 3.718079 0.19831 0.05
4 24-Aug-92 0.737333402 4.269579 0.17269 0.05
5 24-Aug-93 0.737333402 4.860244 0.15171 0.04
6 24-Aug-94 0.737333402 5.721700 0.12887 0.03
7 24-Aug-95 0.737333402 6.488664 0.11363 0
8 24-Aug-96 0.737333402 7.083879 0.10409 0
9 24-Aug-97 0.737333402 9.713393 0.07591 0
10 24-Aug-98 0.737333402 9.818676 0.07509 0
11 24-Aug-99 0.737333402 9.974181 0.07392 0
12 31-Dec-99 0.737333402 11.362172 0.06489 0
13 N/A 0 N/A 0.00000 0
14 FEE N/A 0 N/A 0.00000 0
15 FEE N/A 0 N/A 0.00000 0
RESULTING VALUE 31-Dec-99 11.362172 313.39717 3560.8725
11.351
FORMULA: 1000*(1+T)= 3560.8725
= 3560.872498
T = 11.84%
R = 256.09%
<PAGE>
Templeton International
01-May-92
TO NO. YEARS 7.666
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 01-May-92 1000.00 4.208598 237.60882
1 FEE 01-May-93 0.737333402 4.305328 0.17126 0.06
2 FEE 01-May-94 0.737333402 5.514266 0.13371 0.06
3 FEE 01-May-95 0.737333402 5.653232 0.13043 0.05
4 01-May-96 0.737333402 6.774394 0.10884 0.05
5 01-May-97 0.737333402 7.936220 0.09291 0.04
6 01-May-98 0.737333402 10.042609 0.07342 0.03
7 01-May-99 0.737333402 10.059492 0.07330 0
8 31-Dec-99 0.737333402 11.259742 0.06548 0
9 N/A 0 N/A 0.00000 0
10 N/A 0 N/A 0.00000 0
11 N/A 0 N/A 0.00000 0
12 N/A 0 N/A 0.00000 0
13 N/A 0 N/A 0.00000 0
14 FEE N/A 0 N/A 0.00000 0
15 FEE N/A 0 N/A 0.00000 0
RESULTING VALUE 31-Dec-99 11.259742 236.75947 2665.8505
7.666
FORMULA: 1000*(1+T)= 2665.8505
= 2665.850516
T = 13.64%
R = 166.59%
Templeton Developing Markets
04-Mar-96
TO NO. YEARS 3.825
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 04-Mar-96 1000.00 15.899965 62.89322
1 FEE 04-Mar-97 0.737333402 16.234665 0.04542 0.06
2 FEE 04-Mar-98 0.737333402 10.936029 0.06742 0.06
3 FEE 04-Mar-99 0.737333402 7.563317 0.09749 0.05
4 31-Dec-99 0.737333402 12.161677 0.06063 0.05
5 N/A 0 N/A 0.00000 0.04
6 N/A 0 N/A 0.00000 0.03
7 N/A 0 N/A 0.00000 0
8 N/A 0 N/A 0.00000 0
9 N/A 0 N/A 0.00000 0
10 N/A 0 N/A 0.00000 0
11 N/A 0 N/A 0.00000 0
12 N/A 0 N/A 0.00000 0
13 N/A 0 N/A 0.00000 0
14 FEE N/A 0 N/A 0.00000 0
15 FEE N/A 0 N/A 0.00000 0
RESULTING VALUE 31-Dec-99 12.161677 62.62226 761.5918
3.825
FORMULA: 1000*(1+T)= 761.5918
= 719.0917583
T = -8.26%
R = -28.09%
<PAGE>
Franklin Small Cap Investments
01-May-98
TO NO. YEARS 1.667
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 01-May-98 1000.00 8.232378 121.47158
1 FEE 01-May-99 0.737333402 7.836129 0.09409 0.06
2 FEE 31-Dec-99 0.737333402 12.665148 0.05822 0.06
3 FEE N/A 0 N/A 0.00000 0.05
4 N/A 0 N/A 0.00000 0.05
5 N/A 0 N/A 0.00000 0.04
6 N/A 0 N/A 0.00000 0.03
7 N/A 0 N/A 0.00000 0
8 N/A 0 N/A 0.00000 0
9 N/A 0 N/A 0.00000 0
10 N/A 0 N/A 0.00000 0
11 N/A 0 N/A 0.00000 0
12 N/A 0 N/A 0.00000 0
13 N/A 0 N/A 0.00000 0
14 FEE N/A 0 N/A 0.00000 0
15 FEE N/A 0 N/A 0.00000 0
RESULTING VALUE 31-Dec-99 12.665148 121.31927 1536.5265
1.667
FORMULA: 1000*(1+T)= 1536.5265
= 1485.526547
T = 26.79%
R = 48.55%
Mutual Shares Investment Fund
01-May-98
TO NO. YEARS 1.667
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 01-May-98 1000.00 9.896496 101.04587
1 FEE 01-May-99 0.737333402 10.461662 0.07048 0.06
2 FEE 31-Dec-99 0.737333402 10.307178 0.07154 0.06
3 FEE N/A 0 N/A 0.00000 0.05
4 N/A 0 N/A 0.00000 0.05
5 N/A 0 N/A 0.00000 0.04
6 N/A 0 N/A 0.00000 0.03
7 N/A 0 N/A 0.00000 0
8 N/A 0 N/A 0.00000 0
9 N/A 0 N/A 0.00000 0
10 N/A 0 N/A 0.00000 0
11 N/A 0 N/A 0.00000 0
12 N/A 0 N/A 0.00000 0
13 N/A 0 N/A 0.00000 0
14 FEE N/A 0 N/A 0.00000 0
15 FEE N/A 0 N/A 0.00000 0
RESULTING VALUE 31-Dec-99 10.307178 100.90385 1040.0339
1.667
FORMULA: 1000*(1+T)= 1040.0339
= 989.0339391
T = -0.66%
R = -1.10%
<PAGE>
Oppenheimer Main Street Growth & Income
05-Jul-95
TO NO. YEARS 4.490
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 05-Jul-95 1000.00 4.090622 244.46160
1 FEE 05-Jul-96 0.737333402 5.866150 0.12569 0.06
2 FEE 05-Jul-97 0.737333402 7.700925 0.09575 0.06
3 FEE 05-Jul-98 0.737333402 9.807561 0.07518 0.05
4 05-Jul-99 0.737333402 10.314694 0.07148 0.05
5 31-Dec-99 0.737333402 10.778352 0.06841 0.04
6 N/A 0 N/A 0.00000 0.03
7 N/A 0 N/A 0.00000 0
8 N/A 0 N/A 0.00000 0
9 N/A 0 N/A 0.00000 0
10 N/A 0 N/A 0.00000 0
11 N/A 0 N/A 0.00000 0
12 N/A 0 N/A 0.00000 0
13 N/A 0 N/A 0.00000 0
14 FEE N/A 0 N/A 0.00000 0
15 FEE N/A 0 N/A 0.00000 0
RESULTING VALUE 31-Dec-99 10.778352 244.02509 2630.1883
4.490
FORMULA: 1000*(1+T)= 2630.1883
= 2596.188302
T = 23.67%
R = 159.62%
Oppenheimer Capital Appreciation
03-Apr-85
TO NO. YEARS 14.743
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 03-Apr-85 1000.00 1.355475 737.74876
1 FEE 03-Apr-86 0.737333402 1.608449 0.45841 0.06
2 FEE 03-Apr-87 0.737333402 2.045218 0.36052 0.06
3 FEE 03-Apr-88 0.737333402 1.901665 0.38773 0.05
4 03-Apr-89 0.737333402 2.305383 0.31983 0.05
5 03-Apr-90 0.737333402 2.456363 0.30017 0.04
6 03-Apr-91 0.737333402 2.514408 0.29324 0.03
7 03-Apr-92 0.737333402 2.802683 0.26308 0
8 03-Apr-93 0.737333402 3.177051 0.23208 0
9 03-Apr-94 0.737333402 3.323755 0.22184 0
10 03-Apr-95 0.737333402 3.707986 0.19885 0
11 03-Apr-96 0.737333402 4.945566 0.14909 0
12 03-Apr-97 0.737333402 5.606647 0.13151 0
13 03-Apr-98 0.737333402 8.082582 0.09122 0
14 FEE 03-Apr-99 0.737333402 9.243246 0.07977 0
15 FEE 31-Dec-99 0.737333402 12.114056 0.06087 0
RESULTING VALUE 31-Dec-99 12.114056 734.20054 8894.1465
14.743
FORMULA: 1000*(1+T)= 8894.1465
= 8894.146484
T = 15.98%
R = 789.41%
<PAGE>
Oppenheimer Aggressive Growth
15-Aug-86
TO NO. YEARS 13.377
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 15-Aug-86 1000.00 1.579804 632.98992
1 FEE 15-Aug-87 0.737333402 2.040630 0.36133 0.06
2 FEE 15-Aug-88 0.737333402 1.841266 0.40045 0.06
3 FEE 15-Aug-89 0.737333402 2.478776 0.29746 0.05
4 15-Aug-90 0.737333402 2.228345 0.33089 0.05
5 15-Aug-91 0.737333402 2.582279 0.28554 0.04
6 15-Aug-92 0.737333402 2.812954 0.26212 0.03
7 15-Aug-93 0.737333402 3.812212 0.19341 0
8 15-Aug-94 0.737333402 3.816053 0.19322 0
9 15-Aug-95 0.737333402 4.779130 0.15428 0
10 15-Aug-96 0.737333402 5.853290 0.12597 0
11 15-Aug-97 0.737333402 6.727863 0.10959 0
12 15-Aug-98 0.737333402 6.853901 0.10758 0
13 15-Aug-99 0.737333402 9.072799 0.08127 0
14 FEE 31-Dec-99 0.737333402 13.726596 0.05372 0
15 FEE N/A 0 N/A 0.00000 0
RESULTING VALUE 31-Dec-99 13.726596 630.03310 8648.2098
13.377
FORMULA: 1000*(1+T)= 8648.2098
= 8648.209773
T = 17.50%
R = 764.82%
Oppenheimer Strategic Bond
03-May-93
TO NO. YEARS 6.661
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 03-May-93 1000.00 7.060558 141.63187
1 FEE 03-May-94 0.737333402 7.347880 0.10035 0.06
2 FEE 03-May-95 0.737333402 7.640247 0.09651 0.06
3 FEE 03-May-96 0.737333402 8.441074 0.08735 0.05
4 03-May-97 0.737333402 9.269440 0.07954 0.05
5 03-May-98 0.737333402 10.130466 0.07278 0.04
6 03-May-99 0.737333402 10.192359 0.07234 0.03
7 31-Dec-99 0.737333402 10.161522 0.07256 0
8 N/A 0 N/A 0.00000 0
9 N/A 0 N/A 0.00000 0
10 N/A 0 N/A 0.00000 0
11 N/A 0 N/A 0.00000 0
12 N/A 0 N/A 0.00000 0
13 N/A 0 N/A 0.00000 0
14 FEE N/A 0 N/A 0.00000 0
15 FEE N/A 0 N/A 0.00000 0
RESULTING VALUE 31-Dec-99 10.161522 141.05043 1433.2871
6.661
FORMULA: 1000*(1+T)= 1433.2871
= 1433.287052
T = 5.55%
R = 43.33%
<PAGE>
Oppenheimer Global Securities
12-Nov-90
TO NO. YEARS 9.133
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 12-Nov-90 1000.00 3.598398 277.90144
1 FEE 12-Nov-91 0.737333402 3.769472 0.19561 0.06
2 FEE 12-Nov-92 0.737333402 3.365232 0.21910 0.06
3 FEE 12-Nov-93 0.737333402 5.041870 0.14624 0.05
4 12-Nov-94 0.737333402 5.613602 0.13135 0.05
5 12-Nov-95 0.737333402 5.248547 0.14048 0.04
6 12-Nov-96 0.737333402 6.002211 0.12284 0.03
7 12-Nov-97 0.737333402 7.215701 0.10218 0
8 12-Nov-98 0.737333402 7.525114 0.09798 0
9 12-Nov-99 0.737333402 10.892115 0.06769 0
10 31-Dec-99 0.737333402 13.108648 0.05625 0
11 N/A 0 N/A 0.00000 0
12 N/A 0 N/A 0.00000 0
13 N/A 0 N/A 0.00000 0
14 FEE N/A 0 N/A 0.00000 0
15 FEE N/A 0 N/A 0.00000 0
RESULTING VALUE 31-Dec-99 13.108648 276.62171 3626.1366
9.133
FORMULA: 1000*(1+T)= 3626.1366
= 3626.136596
T = 15.15%
R = 262.61%
STI Capital Appreciation
02-Oct-95
TO NO. YEARS 4.246
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 02-Oct-95 1000.00 4.431796 225.64216
1 FEE 02-Oct-96 0.737333402 5.469341 0.13481 0.06
2 FEE 02-Oct-97 0.737333402 7.546565 0.09770 0.06
3 FEE 02-Oct-98 0.737333402 7.871278 0.09367 0.05
4 02-Oct-99 0.737333402 9.739062 0.07571 0.05
5 31-Dec-99 0.737333402 10.597083 0.06958 0.04
6 N/A 0 N/A 0.00000 0.03
7 N/A 0 N/A 0.00000 0
8 N/A 0 N/A 0.00000 0
9 N/A 0 N/A 0.00000 0
10 N/A 0 N/A 0.00000 0
11 N/A 0 N/A 0.00000 0
12 N/A 0 N/A 0.00000 0
13 N/A 0 N/A 0.00000 0
14 FEE N/A 0 N/A 0.00000 0
15 FEE N/A 0 N/A 0.00000 0
RESULTING VALUE 31-Dec-99 10.597083 225.17068 2386.1524
4.246
FORMULA: 1000*(1+T)= 2386.1524
= 2352.15235
T = 22.31%
R = 135.22%
<PAGE>
STI Value Income
02-Oct-95
TO NO. YEARS 4.246
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 02-Oct-95 1000.00 5.836190 171.34466
1 FEE 02-Oct-96 0.737333402 6.965896 0.10585 0.06
2 FEE 02-Oct-97 0.737333402 9.223228 0.07994 0.06
3 FEE 02-Oct-98 0.737333402 8.781640 0.08396 0.05
4 02-Oct-99 0.737333402 9.740465 0.07570 0.05
5 31-Dec-99 0.737333402 9.459400 0.07795 0.04
6 N/A 0 N/A 0.00000 0.03
7 N/A 0 N/A 0.00000 0
8 N/A 0 N/A 0.00000 0
9 N/A 0 N/A 0.00000 0
10 N/A 0 N/A 0.00000 0
11 N/A 0 N/A 0.00000 0
12 N/A 0 N/A 0.00000 0
13 N/A 0 N/A 0.00000 0
14 FEE N/A 0 N/A 0.00000 0
15 FEE N/A 0 N/A 0.00000 0
RESULTING VALUE 31-Dec-99 9.459400 170.92126 1616.8126
4.246
FORMULA: 1000*(1+T)= 1616.8126
= 1582.812578
T = 11.42%
R = 58.28%
Federated Prime Money Fund II
21-Nov-94
TO NO. YEARS 5.109
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 21-Nov-94 1000.00 8.463296 118.15728
1 FEE 21-Nov-95 0.737333402 8.777781 0.08400 0.06
2 FEE 21-Nov-96 0.737333402 9.072322 0.08127 0.06
3 FEE 21-Nov-97 0.737333402 9.385660 0.07856 0.05
4 21-Nov-98 0.737333402 9.718034 0.07587 0.05
5 21-Nov-99 0.737333402 10.020371 0.07358 0.04
6 31-Dec-99 0.737333402 10.060732 0.07329 0.03
7 N/A 0 N/A 0.00000 0
8 N/A 0 N/A 0.00000 0
9 N/A 0 N/A 0.00000 0
10 N/A 0 N/A 0.00000 0
11 N/A 0 N/A 0.00000 0
12 N/A 0 N/A 0.00000 0
13 N/A 0 N/A 0.00000 0
14 FEE N/A 0 N/A 0.00000 0
15 FEE N/A 0 N/A 0.00000 0
RESULTING VALUE 31-Dec-99 10.060732 117.69070 1184.0546
5.109
FORMULA: 1000*(1+T)= 1184.0546
= 1158.554582
T = 2.92%
R = 15.86%
<PAGE>
MFS Research Series
31-Dec-98
TO NO. YEARS 1.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-98 1000.00 9.421624 106.13881
1 FEE 31-Dec-99 0.737333402 11.528513 0.06396 0.06
RESULTING VALUE 31-Dec-99 11.528513 106.07486 1222.8854
1.000
FORMULA: 1000*(1+T)= 1222.8854
= 1171.885367
T = 17.19% 22.29%
R = 17.19% 22.29%
Templeton Stock Fund
31-Dec-98
TO NO. YEARS 1.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-98 1000.00 8.943039 111.81881
1 FEE 31-Dec-99 0.737333402 11.362172 0.06489 0.06
RESULTING VALUE 31-Dec-99 11.362172 111.75392 1269.7672
1.000
FORMULA: 1000*(1+T)= 1269.7672
= 1218.767246
T = 21.88% 26.98%
R = 21.88% 26.98%
Templeton International
31-Dec-98
TO NO. YEARS 1.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-98 1000.00 9.262014 107.96788
1 FEE 31-Dec-99 0.737333402 11.259742 0.06548 0.06
RESULTING VALUE 31-Dec-99 11.259742 107.90239 1214.9531
1.000
FORMULA: 1000*(1+T)= 1214.9531
= 1163.95312
T = 16.40% 21.50%
R = 16.40% 21.50%
<PAGE>
Templeton Developing Markets
31-Dec-98
TO NO. YEARS 1.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-98 1000.00 8.042530 124.33898
1 FEE 31-Dec-99 0.737333402 12.161677 0.06063 0.06
RESULTING VALUE 31-Dec-99 12.161677 124.27836 1511.4332
1.000
FORMULA: 1000*(1+T)= 1511.4332
= 1460.433215
T = 46.04% 51.14%
R = 46.04% 51.14%
Franklin Small Cap Investments
31-Dec-98
TO NO. YEARS 1.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-98 1000.00 7.529175 132.81668
1 FEE 31-Dec-99 0.737333402 12.665148 0.05822 0.06
RESULTING VALUE 31-Dec-99 12.665148 132.75846 1681.4055
1.000
FORMULA: 1000*(1+T)= 1681.4055
= 1630.405531
T = 63.04% 68.14%
R = 63.04% 68.14%
Mutual Shares Investment Fund
31-Dec-98
TO NO. YEARS 1.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-98 1000.00 9.540803 104.81298
1 FEE 31-Dec-99 0.737333402 10.307178 0.07154 0.06
RESULTING VALUE 31-Dec-99 10.307178 104.74144 1079.5887
1.000
FORMULA: 1000*(1+T)= 1079.5887
= 1028.588715
T = 2.86% 7.96%
R = 2.86% 7.96%
<PAGE>
Oppenheimer Main Street Growth & Income
31-Dec-98
TO NO. YEARS 1.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-98 1000.00 8.977988 111.38353
1 FEE 31-Dec-99 0.737333402 10.778352 0.06841 0.06
RESULTING VALUE 31-Dec-99 10.778352 111.31512 1199.7936
1.000
FORMULA: 1000*(1+T)= 1199.7936
= 1148.793565
T = 14.88% 19.98%
R = 14.88% 19.98%
Oppenheimer Capital Appreciation
31-Dec-98
TO NO. YEARS 1.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-98 1000.00 8.669587 115.34575
1 FEE 31-Dec-99 0.737333402 12.114056 0.06087 0.06
RESULTING VALUE 31-Dec-99 12.114056 115.28488 1396.5675
1.000
FORMULA: 1000*(1+T)= 1396.5675
= 1345.567521
T = 34.56% 39.66%
R = 34.56% 39.66%
Oppenheimer Aggressive Growth
31-Dec-98
TO NO. YEARS 1.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-98 1000.00 7.579064 131.94241
1 FEE 31-Dec-99 0.737333402 13.726596 0.05372 0.06
RESULTING VALUE 31-Dec-99 13.726596 131.88870 1810.3829
1.000
FORMULA: 1000*(1+T)= 1810.3829
= 1759.382879
T = 75.94% 81.04%
R = 75.94% 81.04%
<PAGE>
Oppenheimer Strategic Bond
31-Dec-98
TO NO. YEARS 1.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-98 1000.00 10.018538 99.81496
1 FEE 31-Dec-99 0.737333402 10.161522 0.07256 0.06
RESULTING VALUE 31-Dec-99 10.161522 99.74240 1013.5346
1.000
FORMULA: 1000*(1+T)= 1013.5346
= 962.5346093
T = -3.75% 1.35%
R = -3.75% 1.35%
Oppenheimer Global Securities
31-Dec-98
TO NO. YEARS 1.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-98 1000.00 8.385190 119.25788
1 FEE 31-Dec-99 0.737333402 13.108648 0.05625 0.06
RESULTING VALUE 31-Dec-99 13.108648 119.20163 1562.5723
1.000
FORMULA: 1000*(1+T)= 1562.5723
= 1511.572264
T = 51.16% 56.26%
R = 51.16% 56.26%
<PAGE>
STI Capital Appreciation
31-Dec-98
TO NO. YEARS 1.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-98 1000.00 9.881014 101.20419
1 FEE 31-Dec-99 0.737333402 10.597083 0.06958 0.06
RESULTING VALUE 31-Dec-99 10.597083 101.13461 1071.7318
1.000
FORMULA: 1000*(1+T)= 1071.7318
= 1020.731848
T = 2.07% 7.17%
R = 2.07% 7.17%
STI Value Income
31-Dec-98
TO NO. YEARS 1.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-98 1000.00 9.886178 101.15132
1 FEE 31-Dec-99 0.737333402 9.459400 0.07795 0.06
RESULTING VALUE 31-Dec-99 9.459400 101.07338 956.0935
1.000
FORMULA: 1000*(1+T)= 956.0935
= 905.0935066
T = -9.49% -4.39%
R = -9.49% -4.39%
<PAGE>
Federated Prime Money Fund II
31-Dec-98
TO NO. YEARS 1.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-98 1000.00 9.749559 102.56874
1 FEE 31-Dec-99 0.737333402 10.060732 0.07329 0.06
RESULTING VALUE 31-Dec-99 10.060732 102.49545 1031.1793
1.000
FORMULA: 1000*(1+T)= 1031.1793
= 980.1792897
T = -1.98% 3.12%
R = -1.98% 3.12%
MFS Research Series
31-Dec-94
TO NO. YEARS 5.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-94 1000.00 #N/A #N/A
1 FEE 31-Dec-95 0.737333402 5.408474 0.13633
2 FEE 31-Dec-96 0.737333402 6.525842 0.11299
3 FEE 31-Dec-97 0.737333402 7.741201 0.09525
4 FEE 31-Dec-98 0.737333402 9.421624 0.07826
5 FEE 31-Dec-99 0.737333402 11.528513 0.06396 0.03
RESULTING VALUE 31-Dec-99 11.528513 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
<PAGE>
Templeton Stock Fund
31-Dec-94
TO NO. YEARS 5.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-94 1000.00 5.459812 183.15649
1 FEE 31-Dec-95 0.737333402 6.746387 0.10929
2 FEE 31-Dec-96 0.737333402 8.148604 0.09049
3 FEE 31-Dec-97 0.737333402 8.978097 0.08213
4 FEE 31-Dec-98 0.737333402 8.943039 0.08245
5 FEE 31-Dec-99 0.737333402 11.362172 0.06489 0.03
RESULTING VALUE 31-Dec-99 11.362172 182.72724 2076.1784
5.000
FORMULA: 1000*(1+T)= 2076.1784
= 2050.678369
T = 15.45% 15.73%
R = 105.07% 107.62%
Templeton International
31-Dec-94
TO NO. YEARS 5.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-94 1000.00 5.488695 182.19267
1 FEE 31-Dec-95 0.737333402 6.269275 0.11761
2 FEE 31-Dec-96 0.737333402 7.672584 0.09610
3 FEE 31-Dec-97 0.737333402 8.608213 0.08565
4 FEE 31-Dec-98 0.737333402 9.262014 0.07961
5 FEE 31-Dec-99 0.737333402 11.259742 0.06548 0.03
RESULTING VALUE 31-Dec-99 11.259742 181.74821 2046.4380
5.000
FORMULA: 1000*(1+T)= 2046.4380
= 2020.937989
T = 15.11% 15.40%
R = 102.09% 104.64%
Templeton Developing Markets
31-Dec-94
TO NO. YEARS 5.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-94 1000.00 #N/A #N/A
1 FEE 31-Dec-95 0.737333402 #N/A #N/A
2 FEE 31-Dec-96 0.737333402 14.823955 0.04974
3 FEE 31-Dec-97 0.737333402 10.329445 0.07138
4 FEE 31-Dec-98 0.737333402 8.042530 0.09168
5 FEE 31-Dec-99 0.737333402 12.161677 0.06063 0.03
RESULTING VALUE 31-Dec-99 12.161677 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
<PAGE>
Franklin Small Cap Investments
31-Dec-94
TO NO. YEARS 5.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-94 1000.00 #N/A #N/A
1 FEE 31-Dec-95 0.737333402 #N/A #N/A
2 FEE 31-Dec-96 0.737333402 #N/A #N/A
3 FEE 31-Dec-97 0.737333402 #N/A #N/A
4 FEE 31-Dec-98 0.737333402 7.529175 0.09793
5 FEE 31-Dec-99 0.737333402 12.665148 0.05822 0.03
RESULTING VALUE 31-Dec-99 12.665148 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Mutual Shares Investment Fund
31-Dec-94
TO NO. YEARS 5.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-94 1000.00 #N/A #N/A
1 FEE 31-Dec-95 0.737333402 #N/A #N/A
2 FEE 31-Dec-96 0.737333402 #N/A #N/A
3 FEE 31-Dec-97 0.737333402 #N/A #N/A
4 FEE 31-Dec-98 0.737333402 9.540803 0.07728
5 FEE 31-Dec-99 0.737333402 10.307178 0.07154 0.03
RESULTING VALUE 31-Dec-99 10.307178 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Oppenheimer Main Street Growth & Income
31-Dec-94
TO NO. YEARS 5.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-94 1000.00 #N/A #N/A
1 FEE 31-Dec-95 0.737333402 5.089805 0.14486
2 FEE 31-Dec-96 0.737333402 6.652365 0.11084
3 FEE 31-Dec-97 0.737333402 8.693121 0.08482
4 FEE 31-Dec-98 0.737333402 8.977988 0.08213
5 FEE 31-Dec-99 0.737333402 10.778352 0.06841 0.03
RESULTING VALUE 31-Dec-99 10.778352 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
<PAGE>
Oppenheimer Capital Appreciation
31-Dec-94
TO NO. YEARS 5.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-94 1000.00 3.407310 293.48665
1 FEE 31-Dec-95 0.737333402 4.593169 0.16053
2 FEE 31-Dec-96 0.737333402 5.672175 0.12999
3 FEE 31-Dec-97 0.737333402 7.087989 0.10403
4 FEE 31-Dec-98 0.737333402 8.669587 0.08505
5 FEE 31-Dec-99 0.737333402 12.114056 0.06087 0.03
RESULTING VALUE 31-Dec-99 12.114056 292.94619 3548.7666
5.000
FORMULA: 1000*(1+T)= 3548.7666
= 3523.266566
T = 28.64% 28.83%
R = 252.33% 254.88%
Oppenheimer Aggressive Growth
31-Dec-94
TO NO. YEARS 5.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-94 1000.00 4.004834 249.69824
1 FEE 31-Dec-95 0.737333402 5.235329 0.14084
2 FEE 31-Dec-96 0.737333402 6.208038 0.11877
3 FEE 31-Dec-97 0.737333402 6.838372 0.10782
4 FEE 31-Dec-98 0.737333402 7.579064 0.09729
5 FEE 31-Dec-99 0.737333402 13.726596 0.05372 0.03
RESULTING VALUE 31-Dec-99 13.726596 249.17981 3420.3905
5.000
FORMULA: 1000*(1+T)= 3420.3905
= 3394.890538
T = 27.69% 27.88%
R = 239.49% 242.04%
Oppenheimer Strategic Bond
31-Dec-94
TO NO. YEARS 5.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-94 1000.00 7.320194 136.60840
1 FEE 31-Dec-95 0.737333402 8.327707 0.08854
2 FEE 31-Dec-96 0.737333402 9.205513 0.08010
3 FEE 31-Dec-97 0.737333402 9.870835 0.07470
4 FEE 31-Dec-98 0.737333402 10.018538 0.07360
5 FEE 31-Dec-99 0.737333402 10.161522 0.07256 0.03
RESULTING VALUE 31-Dec-99 10.161522 136.21891 1384.1914
5.000
FORMULA: 1000*(1+T)= 1384.1914
= 1358.691433
T = 6.32% 6.72%
R = 35.87% 38.42%
<PAGE>
Oppenheimer Global Securities
31-Dec-94
TO NO. YEARS 5.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-94 1000.00 5.264834 189.93951
1 FEE 31-Dec-95 0.737333402 5.309698 0.13887
2 FEE 31-Dec-96 0.737333402 6.169284 0.11952
3 FEE 31-Dec-97 0.737333402 7.449990 0.09897
4 FEE 31-Dec-98 0.737333402 8.385190 0.08793
5 FEE 31-Dec-99 0.737333402 13.108648 0.05625 0.03
RESULTING VALUE 31-Dec-99 13.108648 189.43798 2483.2758
5.000
FORMULA: 1000*(1+T)= 2483.2758
= 2457.77577
T = 19.70% 19.95%
R = 145.78% 148.33%
STI Capital Appreciation
31-Dec-94
TO NO. YEARS 5.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-94 1000.00 #N/A #N/A
1 FEE 31-Dec-95 0.737333402 4.724412 0.15607
2 FEE 31-Dec-96 0.737333402 5.766514 0.12786
3 FEE 31-Dec-97 0.737333402 7.766797 0.09493
4 FEE 31-Dec-98 0.737333402 9.881014 0.07462
5 FEE 31-Dec-99 0.737333402 10.597083 0.06958 0.03
RESULTING VALUE 31-Dec-99 10.597083 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
STI Value Income
31-Dec-94
TO NO. YEARS 5.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-94 1000.00 #N/A #N/A
1 FEE 31-Dec-95 0.737333402 6.241948 0.11813
2 FEE 31-Dec-96 0.737333402 7.303908 0.10095
3 FEE 31-Dec-97 0.737333402 9.137052 0.08070
4 FEE 31-Dec-98 0.737333402 9.886178 0.07458
5 FEE 31-Dec-99 0.737333402 9.459400 0.07795 0.03
RESULTING VALUE 31-Dec-99 9.459400 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
<PAGE>
Federated Prime Money Fund II
31-Dec-94
TO NO. YEARS 5.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-94 1000.00 8.492174 117.75548
1 FEE 31-Dec-95 0.737333402 8.814727 0.08365
2 FEE 31-Dec-96 0.737333402 9.101924 0.08101
3 FEE 31-Dec-97 0.737333402 9.420764 0.07827
4 FEE 31-Dec-98 0.737333402 9.749559 0.07563
5 FEE 31-Dec-99 0.737333402 10.060732 0.07329 0.03
RESULTING VALUE 31-Dec-99 10.060732 117.36364 1180.7641
5.000
FORMULA: 1000*(1+T)= 1180.7641
= 1155.26411
T = 2.93% 3.38%
R = 15.53% 18.08%
Oppenheimer Capital Appreciation
31-Dec-89
TO NO. YEARS 10.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-89 1000.00 2.553386 391.63683
1 FEE 31-Dec-90 0.737333402 2.311588 0.31897
2 FEE 31-Dec-91 0.737333402 2.862507 0.25758
3 FEE 30-Dec-92 0.737333402 3.237777 0.22773
4 FEE 31-Dec-93 0.737333402 3.421082 0.21553
5 FEE 31-Dec-94 0.737333402 3.407310 0.21640
6 FEE 31-Dec-95 0.737333402 4.593169 0.16053
7 FEE 30-Dec-96 0.737333402 5.720284 0.12890
8 FEE 31-Dec-97 0.737333402 7.087989 0.10403
9 FEE 31-Dec-98 0.737333402 8.669587 0.08505
10 FEE 31-Dec-99 0.737333402 12.114056 0.06087 0
RESULTING VALUE 31-Dec-99 12.114056 389.86126 4722.8011
10.000
FORMULA: 1000*(1+T)= 4722.8011
= 4722.801091
T = 16.79% 16.79%
R = 372.28% 372.28%
<PAGE>
Oppenheimer Aggressive Growth
31-Dec-89
TO NO. YEARS 10.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-89 1000.00 2.454115 407.47887
1 FEE 31-Dec-90 0.737333402 2.013380 0.36622
2 FEE 31-Dec-91 0.737333402 3.072708 0.23996
3 FEE 30-Dec-92 0.737333402 3.455454 0.21338
4 FEE 31-Dec-93 0.737333402 4.393515 0.16782
5 FEE 31-Dec-94 0.737333402 4.004834 0.18411
6 FEE 31-Dec-95 0.737333402 5.235329 0.14084
7 FEE 30-Dec-96 0.737333402 6.169778 0.11951
8 FEE 31-Dec-97 0.737333402 6.838372 0.10782
9 FEE 31-Dec-98 0.737333402 7.579064 0.09729
10 FEE 31-Dec-99 0.737333402 13.726596 0.05372 0
RESULTING VALUE 31-Dec-99 13.726596 405.78820 5570.0907
10.000
FORMULA: 1000*(1+T)= 5570.0907
= 5570.090716
T = 18.74% 18.74%
R = 457.01% 457.01%
Templeton Stock Fund
31-Dec-89
TO NO. YEARS 10.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-89 1000.00 3.669748 272.49828
1 FEE 31-Dec-90 0.737333402 3.225496 0.22860
2 FEE 31-Dec-91 0.737333402 4.050630 0.18203
3 FEE 30-Dec-92 0.737333402 4.198612 0.17561
4 FEE 31-Dec-93 0.737333402 5.659787 0.13028
5 FEE 31-Dec-94 0.737333402 5.459812 0.13505
6 FEE 31-Dec-95 0.737333402 6.746387 0.10929
7 FEE 30-Dec-96 0.737333402 7.990297 0.09228
8 FEE 31-Dec-97 0.737333402 8.978097 0.08213
9 FEE 31-Dec-98 0.737333402 8.943039 0.08245
10 FEE 31-Dec-99 0.737333402 11.362172 0.06489 0
RESULTING VALUE 31-Dec-99 11.362172 271.21567 3081.5991
10.000
FORMULA: 1000*(1+T)= 3081.5991
= 3081.599145
T = 11.91% 11.91%
R = 208.16% 208.16%
<PAGE>
Combination
- --------------------------------------------------------------------------------------------------------------------------------
STI Capital Appreciation
02-Oct-95
TO NO. YEARS 4.246
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 02-Oct-95 1000.00 4.471759 223.62566
1 FEE 02-Oct-96 0.737333402 5.506528 0.13390 0.06
2 FEE 02-Oct-97 0.737333402 7.581197 0.09726 0.06
3 FEE 02-Oct-98 0.737333402 7.890025 0.09345 0.05
4 02-Oct-99 0.737333402 9.740881 0.07569 0.05
5 31-Dec-99 0.737333402 10.593253 0.06960 0.04
6 N/A 0 N/A 0.00000 0.03
7 N/A 0 N/A 0.00000 0
8 N/A 0 N/A 0.00000 0
9 N/A 0 N/A 0.00000 0
10 N/A 0 N/A 0.00000 0
11 N/A 0 N/A 0.00000 0
12 N/A 0 N/A 0.00000 0
13 N/A 0 N/A 0.00000 0
14 FEE N/A 0 N/A 0.00000 0
15 FEE N/A 0 N/A 0.00000 0
RESULTING VALUE 31-Dec-99 10.593253 223.15575 2363.9453
4.246
FORMULA: 1000*(1+T)= 2363.9453
= 2329.945272
T = 22.04%
R = 132.99%
<PAGE>
STI Value Income
02-Oct-95
TO NO. YEARS 4.246
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 02-Oct-95 1000.00 5.888812 169.81355
1 FEE 02-Oct-96 0.737333402 7.013256 0.10513 0.06
2 FEE 02-Oct-97 0.737333402 9.265567 0.07958 0.06
3 FEE 02-Oct-98 0.737333402 8.802561 0.08376 0.05
4 02-Oct-99 0.737333402 9.742285 0.07568 0.05
5 31-Dec-99 0.737333402 9.455971 0.07798 0.04
6 N/A 0 N/A 0.00000 0.03
7 N/A 0 N/A 0.00000 0
8 N/A 0 N/A 0.00000 0
9 N/A 0 N/A 0.00000 0
10 N/A 0 N/A 0.00000 0
11 N/A 0 N/A 0.00000 0
12 N/A 0 N/A 0.00000 0
13 N/A 0 N/A 0.00000 0
14 FEE N/A 0 N/A 0.00000 0
15 FEE N/A 0 N/A 0.00000 0
RESULTING VALUE 31-Dec-99 9.455971 169.39141 1601.7603
4.246
FORMULA: 1000*(1+T)= 1601.7603
= 1567.760299
T = 11.17%
R = 56.78%
Federated Prime Money Fund II
21-Nov-94
TO NO. YEARS 5.109
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 21-Nov-94 1000.00 8.557007 116.86329
1 FEE 21-Nov-95 0.737333402 8.855477 0.08326 0.06
2 FEE 21-Nov-96 0.737333402 9.132512 0.08074 0.06
3 FEE 21-Nov-97 0.737333402 9.427165 0.07821 0.05
4 21-Nov-98 0.737333402 9.739616 0.07570 0.05
5 21-Nov-99 0.737333402 10.019285 0.07359 0.04
6 31-Dec-99 0.737333402 10.057099 0.07331 0.03
7 N/A 0 N/A 0.00000 0
8 N/A 0 N/A 0.00000 0
9 N/A 0 N/A 0.00000 0
10 N/A 0 N/A 0.00000 0
11 N/A 0 N/A 0.00000 0
12 N/A 0 N/A 0.00000 0
13 N/A 0 N/A 0.00000 0
14 FEE N/A 0 N/A 0.00000 0
15 FEE N/A 0 N/A 0.00000 0
RESULTING VALUE 31-Dec-99 10.057099 116.39846 1170.6309
5.109
FORMULA: 1000*(1+T)= 1170.6309
= 1145.130873
T = 2.69%
R = 14.51%
<PAGE>
MFS Research Series
26-Jul-95
TO NO. YEARS 4.433
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 26-Jul-95 1000.00 4.917753 203.34490
1 FEE 26-Jul-96 0.737333402 5.701197 0.12933 0.06
2 FEE 26-Jul-97 0.737333402 7.807239 0.09444 0.06
3 FEE 26-Jul-98 0.737333402 9.130058 0.08076 0.05
4 26-Jul-99 0.737333402 9.957339 0.07405 0.05
5 31-Dec-99 0.737333402 11.524353 0.06398 0.04
6 N/A 0 N/A 0.00000 0.03
7 N/A 0 N/A 0.00000 0
8 N/A 0 N/A 0.00000 0
9 N/A 0 N/A 0.00000 0
10 N/A 0 N/A 0.00000 0
11 N/A 0 N/A 0.00000 0
12 N/A 0 N/A 0.00000 0
13 N/A 0 N/A 0.00000 0
14 FEE N/A 0 N/A 0.00000 0
15 FEE N/A 0 N/A 0.00000 0
RESULTING VALUE 31-Dec-99 11.524353 202.90234 2338.3182
4.433
FORMULA: 1000*(1+T)= 2338.3182
= 2304.318204
T = 20.72%
R = 130.43%
Templeton Stock Fund
24-Aug-88
TO NO. YEARS 11.351
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 24-Aug-88 1000.00 3.369286 296.79879
1 FEE 24-Aug-89 0.737333402 3.825537 0.19274 0.06
2 FEE 24-Aug-90 0.737333402 3.932244 0.18751 0.06
3 FEE 24-Aug-91 0.737333402 3.920271 0.18808 0.05
4 24-Aug-92 0.737333402 4.491982 0.16414 0.05
5 24-Aug-93 0.737333402 5.102300 0.14451 0.04
6 24-Aug-94 0.737333402 5.993646 0.12302 0.03
7 24-Aug-95 0.737333402 6.782275 0.10871 0
8 24-Aug-96 0.737333402 7.388244 0.09980 0
9 24-Aug-97 0.737333402 10.109083 0.07294 0
10 24-Aug-98 0.737333402 10.196148 0.07231 0
11 24-Aug-99 0.737333402 10.110050 0.07293 0
12 31-Dec-99 0.737333402 11.358075 0.06492 0
13 N/A 0 N/A 0.00000 0
14 FEE N/A 0 N/A 0.00000 0
15 FEE N/A 0 N/A 0.00000 0
RESULTING VALUE 31-Dec-99 11.358075 295.30717 3354.1210
11.351
FORMULA: 1000*(1+T)= 3354.1210
= 3354.120974
T = 11.25%
R = 235.41%
<PAGE>
Templeton International
01-May-92
TO NO. YEARS 7.666
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 01-May-92 1000.00 4.208598 237.60882
1 FEE 01-May-93 0.737333402 4.305328 0.17126 0.06
2 FEE 01-May-94 0.737333402 5.514266 0.13371 0.06
3 FEE 01-May-95 0.737333402 5.653232 0.13043 0.05
4 01-May-96 0.737333402 6.774394 0.10884 0.05
5 01-May-97 0.737333402 7.936220 0.09291 0.04
6 01-May-98 0.737333402 10.042609 0.07342 0.03
7 01-May-99 0.737333402 10.059492 0.07330 0
8 31-Dec-99 0.737333402 11.255682 0.06551 0
9 N/A 0 N/A 0.00000 0
10 N/A 0 N/A 0.00000 0
11 N/A 0 N/A 0.00000 0
12 N/A 0 N/A 0.00000 0
13 N/A 0 N/A 0.00000 0
14 FEE N/A 0 N/A 0.00000 0
15 FEE N/A 0 N/A 0.00000 0
RESULTING VALUE 31-Dec-99 11.255682 236.75944 2664.8890
7.666
FORMULA: 1000*(1+T)= 2664.8890
= 2664.889006
T = 13.64%
R = 166.49%
Templeton Developing Markets
04-Mar-96
TO NO. YEARS 3.825
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 04-Mar-96 1000.00 15.899965 62.89322
1 FEE 04-Mar-97 0.737333402 16.234665 0.04542 0.06
2 FEE 04-Mar-98 0.737333402 10.936029 0.06742 0.06
3 FEE 04-Mar-99 0.737333402 7.563317 0.09749 0.05
4 31-Dec-99 0.737333402 12.157298 0.06065 0.05
5 N/A 0 N/A 0.00000 0.04
6 N/A 0 N/A 0.00000 0.03
7 N/A 0 N/A 0.00000 0
8 N/A 0 N/A 0.00000 0
9 N/A 0 N/A 0.00000 0
10 N/A 0 N/A 0.00000 0
11 N/A 0 N/A 0.00000 0
12 N/A 0 N/A 0.00000 0
13 N/A 0 N/A 0.00000 0
14 FEE N/A 0 N/A 0.00000 0
15 FEE N/A 0 N/A 0.00000 0
RESULTING VALUE 31-Dec-99 12.157298 62.62224 761.3173
3.825
FORMULA: 1000*(1+T)= 761.3173
= 718.8172699
T = -8.27%
R = -28.12%
<PAGE>
Franklin Small Cap Investments
01-May-98
TO NO. YEARS 1.667
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 01-May-98 1000.00 8.232378 121.47158
1 FEE 01-May-99 0.737333402 7.836129 0.09409 0.06
2 FEE 31-Dec-99 0.737333402 12.660591 0.05824 0.06
3 FEE N/A 0 N/A 0.00000 0.05
4 N/A 0 N/A 0.00000 0.05
5 N/A 0 N/A 0.00000 0.04
6 N/A 0 N/A 0.00000 0.03
7 N/A 0 N/A 0.00000 0
8 N/A 0 N/A 0.00000 0
9 N/A 0 N/A 0.00000 0
10 N/A 0 N/A 0.00000 0
11 N/A 0 N/A 0.00000 0
12 N/A 0 N/A 0.00000 0
13 N/A 0 N/A 0.00000 0
14 FEE N/A 0 N/A 0.00000 0
15 FEE N/A 0 N/A 0.00000 0
RESULTING VALUE 31-Dec-99 12.660591 121.31925 1535.9734
1.667
FORMULA: 1000*(1+T)= 1535.9734
= 1484.97343
T = 26.76%
R = 48.50%
Mutual Shares Investment Fund
01-May-98
TO NO. YEARS 1.667
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 01-May-98 1000.00 9.896496 101.04587
1 FEE 01-May-99 0.737333402 10.461662 0.07048 0.06
2 FEE 31-Dec-99 0.737333402 10.303451 0.07156 0.06
3 FEE N/A 0 N/A 0.00000 0.05
4 N/A 0 N/A 0.00000 0.05
5 N/A 0 N/A 0.00000 0.04
6 N/A 0 N/A 0.00000 0.03
7 N/A 0 N/A 0.00000 0
8 N/A 0 N/A 0.00000 0
9 N/A 0 N/A 0.00000 0
10 N/A 0 N/A 0.00000 0
11 N/A 0 N/A 0.00000 0
12 N/A 0 N/A 0.00000 0
13 N/A 0 N/A 0.00000 0
14 FEE N/A 0 N/A 0.00000 0
15 FEE N/A 0 N/A 0.00000 0
RESULTING VALUE 31-Dec-99 10.303451 100.90382 1039.6576
1.667
FORMULA: 1000*(1+T)= 1039.6576
= 988.6576039
T = -0.68%
R = -1.13%
<PAGE>
Oppenheimer Main Street Growth & Income
05-Jul-95
TO NO. YEARS 4.490
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 05-Jul-95 1000.00 4.090622 244.46160
1 FEE 05-Jul-96 0.737333402 5.866150 0.12569 0.06
2 FEE 05-Jul-97 0.737333402 7.700925 0.09575 0.06
3 FEE 05-Jul-98 0.737333402 9.807561 0.07518 0.05
4 05-Jul-99 0.737333402 10.314694 0.07148 0.05
5 31-Dec-99 0.737333402 10.774459 0.06843 0.04
6 N/A 0 N/A 0.00000 0.03
7 N/A 0 N/A 0.00000 0
8 N/A 0 N/A 0.00000 0
9 N/A 0 N/A 0.00000 0
10 N/A 0 N/A 0.00000 0
11 N/A 0 N/A 0.00000 0
12 N/A 0 N/A 0.00000 0
13 N/A 0 N/A 0.00000 0
14 FEE N/A 0 N/A 0.00000 0
15 FEE N/A 0 N/A 0.00000 0
RESULTING VALUE 31-Dec-99 10.774459 244.02506 2629.2380
4.490
FORMULA: 1000*(1+T)= 2629.2380
= 2595.238046
T = 23.66%
R = 159.52%
Oppenheimer Capital Appreciation
03-Apr-85
TO NO. YEARS 14.743
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 03-Apr-85 1000.00 1.355475 737.74876
1 FEE 03-Apr-86 0.737333402 1.608449 0.45841 0.06
2 FEE 03-Apr-87 0.737333402 2.045218 0.36052 0.06
3 FEE 03-Apr-88 0.737333402 1.901665 0.38773 0.05
4 03-Apr-89 0.737333402 2.305383 0.31983 0.05
5 03-Apr-90 0.737333402 2.456363 0.30017 0.04
6 03-Apr-91 0.737333402 2.514408 0.29324 0.03
7 03-Apr-92 0.737333402 2.802683 0.26308 0
8 03-Apr-93 0.737333402 3.177051 0.23208 0
9 03-Apr-94 0.737333402 3.323755 0.22184 0
10 03-Apr-95 0.737333402 3.707986 0.19885 0
11 03-Apr-96 0.737333402 4.945566 0.14909 0
12 03-Apr-97 0.737333402 5.606647 0.13151 0
13 03-Apr-98 0.737333402 8.082582 0.09122 0
14 FEE 03-Apr-99 0.737333402 9.243246 0.07977 0
15 FEE 31-Dec-99 0.737333402 12.109687 0.06089 0
RESULTING VALUE 31-Dec-99 12.109687 734.20052 8890.9385
14.743
FORMULA: 1000*(1+T)= 8890.9385
= 8890.938496
T = 15.98%
R = 789.09%
<PAGE>
Oppenheimer Aggressive Growth
15-Aug-86
TO NO. YEARS 13.377
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 15-Aug-86 1000.00 1.579804 632.98992
1 FEE 15-Aug-87 0.737333402 2.040630 0.36133 0.06
2 FEE 15-Aug-88 0.737333402 1.841266 0.40045 0.06
3 FEE 15-Aug-89 0.737333402 2.478776 0.29746 0.05
4 15-Aug-90 0.737333402 2.228345 0.33089 0.05
5 15-Aug-91 0.737333402 2.582279 0.28554 0.04
6 15-Aug-92 0.737333402 2.812954 0.26212 0.03
7 15-Aug-93 0.737333402 3.812212 0.19341 0
8 15-Aug-94 0.737333402 3.816053 0.19322 0
9 15-Aug-95 0.737333402 4.779130 0.15428 0
10 15-Aug-96 0.737333402 5.853290 0.12597 0
11 15-Aug-97 0.737333402 6.727863 0.10959 0
12 15-Aug-98 0.737333402 6.853901 0.10758 0
13 15-Aug-99 0.737333402 9.072799 0.08127 0
14 FEE 31-Dec-99 0.737333402 13.721664 0.05373 0
15 FEE N/A 0 N/A 0.00000 0
RESULTING VALUE 31-Dec-99 13.721664 630.03308 8645.1022
13.377
FORMULA: 1000*(1+T)= 8645.1022
= 8645.102185
T = 17.50%
R = 764.51%
Oppenheimer Strategic Bond
03-May-93
TO NO. YEARS 6.661
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 03-May-93 1000.00 7.060558 141.63187
1 FEE 03-May-94 0.737333402 7.347880 0.10035 0.06
2 FEE 03-May-95 0.737333402 7.640247 0.09651 0.06
3 FEE 03-May-96 0.737333402 8.441074 0.08735 0.05
4 03-May-97 0.737333402 9.269440 0.07954 0.05
5 03-May-98 0.737333402 10.130466 0.07278 0.04
6 03-May-99 0.737333402 10.192359 0.07234 0.03
7 31-Dec-99 0.737333402 10.157847 0.07259 0
8 N/A 0 N/A 0.00000 0
9 N/A 0 N/A 0.00000 0
10 N/A 0 N/A 0.00000 0
11 N/A 0 N/A 0.00000 0
12 N/A 0 N/A 0.00000 0
13 N/A 0 N/A 0.00000 0
14 FEE N/A 0 N/A 0.00000 0
15 FEE N/A 0 N/A 0.00000 0
RESULTING VALUE 31-Dec-99 10.157847 141.05040 1432.7684
6.661
FORMULA: 1000*(1+T)= 1432.7684
= 1432.768425
T = 5.55%
R = 43.28%
<PAGE>
Oppenheimer Global Securities
12-Nov-90
TO NO. YEARS 9.133
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 12-Nov-90 1000.00 3.598398 277.90144
1 FEE 12-Nov-91 0.737333402 3.769472 0.19561 0.06
2 FEE 12-Nov-92 0.737333402 3.365232 0.21910 0.06
3 FEE 12-Nov-93 0.737333402 5.041870 0.14624 0.05
4 12-Nov-94 0.737333402 5.613602 0.13135 0.05
5 12-Nov-95 0.737333402 5.248547 0.14048 0.04
6 12-Nov-96 0.737333402 6.002211 0.12284 0.03
7 12-Nov-97 0.737333402 7.215701 0.10218 0
8 12-Nov-98 0.737333402 7.525114 0.09798 0
9 12-Nov-99 0.737333402 10.891399 0.06770 0
10 31-Dec-99 0.737333402 13.103940 0.05627 0
11 N/A 0 N/A 0.00000 0
12 N/A 0 N/A 0.00000 0
13 N/A 0 N/A 0.00000 0
14 FEE N/A 0 N/A 0.00000 0
15 FEE N/A 0 N/A 0.00000 0
RESULTING VALUE 31-Dec-99 13.103940 276.62168 3624.8339
9.133
FORMULA: 1000*(1+T)= 3624.8339
= 3624.833938
T = 15.14%
R = 262.48%
<PAGE>
STI Capital Appreciation
31-Dec-98
TO NO. YEARS 1.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-98 1000.00 9.899189 101.01837
1 FEE 31-Dec-99 0.737333402 10.593253 0.06960 0.06
RESULTING VALUE 31-Dec-99 10.593253 100.94877 1069.3759
1.000
FORMULA: 1000*(1+T)= 1069.3759
= 1018.375862
T = 1.84% 6.94%
R = 1.84% 6.94%
STI Value Income
31-Dec-98
TO NO. YEARS 1.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-98 1000.00 9.904363 100.96560
1 FEE 31-Dec-99 0.737333402 9.455971 0.07798 0.06
RESULTING VALUE 31-Dec-99 9.455971 100.88762 953.9905
1.000
FORMULA: 1000*(1+T)= 953.9905
= 902.9904546
T = -9.70% -4.60%
R = -9.70% -4.60%
Federated Prime Money Fund II
31-Dec-98
TO NO. YEARS 1.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-98 1000.00 9.768797 102.36675
1 FEE 31-Dec-99 0.737333402 10.057099 0.07331 0.06
RESULTING VALUE 31-Dec-99 10.057099 102.29344 1028.7752
1.000
FORMULA: 1000*(1+T)= 1028.7752
= 977.7752094
T = -2.22% 2.88%
R = -2.22% 2.88%
<PAGE>
MFS Research Series
31-Dec-98
TO NO. YEARS 1.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-98 1000.00 9.421624 106.13881
1 FEE 31-Dec-99 0.737333402 11.524353 0.06398 0.06
RESULTING VALUE 31-Dec-99 11.524353 106.07483 1222.4438
1.000
FORMULA: 1000*(1+T)= 1222.4438
= 1171.443829
T = 17.14% 22.24%
R = 17.14% 22.24%
Templeton Stock Fund
31-Dec-98
TO NO. YEARS 1.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-98 1000.00 9.278137 107.78026
1 FEE 31-Dec-99 0.737333402 11.358075 0.06492 0.06
RESULTING VALUE 31-Dec-99 11.358075 107.71534 1223.4389
1.000
FORMULA: 1000*(1+T)= 1223.4389
= 1172.438921
T = 17.24% 22.34%
R = 17.24% 22.34%
Templeton International
31-Dec-98
TO NO. YEARS 1.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-98 1000.00 9.262014 107.96788
1 FEE 31-Dec-99 0.737333402 11.255682 0.06551 0.06
RESULTING VALUE 31-Dec-99 11.255682 107.90237 1214.5148
1.000
FORMULA: 1000*(1+T)= 1214.5148
= 1163.514771
T = 16.35% 21.45%
R = 16.35% 21.45%
<PAGE>
Templeton Developing Markets
31-Dec-98
TO NO. YEARS 1.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-98 1000.00 8.042530 124.33898
1 FEE 31-Dec-99 0.737333402 12.157298 0.06065 0.06
RESULTING VALUE 31-Dec-99 12.157298 124.27833 1510.8887
1.000
FORMULA: 1000*(1+T)= 1510.8887
= 1459.888735
T = 45.99% 51.09%
R = 45.99% 51.09%
Franklin Small Cap Investments
31-Dec-98
TO NO. YEARS 1.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-98 1000.00 7.529175 132.81668
1 FEE 31-Dec-99 0.737333402 12.660591 0.05824 0.06
RESULTING VALUE 31-Dec-99 12.660591 132.75844 1680.8003
1.000
FORMULA: 1000*(1+T)= 1680.8003
= 1629.800285
T = 62.98% 68.08%
R = 62.98% 68.08%
Mutual Shares Investment Fund
31-Dec-98
TO NO. YEARS 1.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-98 1000.00 9.540803 104.81298
1 FEE 31-Dec-99 0.737333402 10.303451 0.07156 0.06
RESULTING VALUE 31-Dec-99 10.303451 104.74142 1079.1981
1.000
FORMULA: 1000*(1+T)= 1079.1981
= 1028.198077
T = 2.82% 7.92%
R = 2.82% 7.92%
<PAGE>
Oppenheimer Main Street Growth & Income
31-Dec-98
TO NO. YEARS 1.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-98 1000.00 8.977988 111.38353
1 FEE 31-Dec-99 0.737333402 10.774459 0.06843 0.06
RESULTING VALUE 31-Dec-99 10.774459 111.31510 1199.3599
1.000
FORMULA: 1000*(1+T)= 1199.3599
= 1148.359949
T = 14.84% 19.94%
R = 14.84% 19.94%
Oppenheimer Capital Appreciation
31-Dec-98
TO NO. YEARS 1.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-98 1000.00 8.669587 115.34575
1 FEE 31-Dec-99 0.737333402 12.109687 0.06089 0.06
RESULTING VALUE 31-Dec-99 12.109687 115.28486 1396.0636
1.000
FORMULA: 1000*(1+T)= 1396.0636
= 1345.063575
T = 34.51% 39.61%
R = 34.51% 39.61%
Oppenheimer Aggressive Growth
31-Dec-98
TO NO. YEARS 1.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-98 1000.00 7.579064 131.94241
1 FEE 31-Dec-99 0.737333402 13.721664 0.05373 0.06
RESULTING VALUE 31-Dec-99 13.721664 131.88868 1809.7321
1.000
FORMULA: 1000*(1+T)= 1809.7321
= 1758.732139
T = 75.87% 80.97%
R = 75.87% 80.97%
<PAGE>
Oppenheimer Strategic Bond
31-Dec-98
TO NO. YEARS 1.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-98 1000.00 10.018538 99.81496
1 FEE 31-Dec-99 0.737333402 10.157847 0.07259 0.06
RESULTING VALUE 31-Dec-99 10.157847 99.74238 1013.1678
1.000
FORMULA: 1000*(1+T)= 1013.1678
= 962.1677893
T = -3.78% 1.32%
R = -3.78% 1.32%
Oppenheimer Global Securities
31-Dec-98
TO NO. YEARS 1.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-98 1000.00 8.385190 119.25788
1 FEE 31-Dec-99 0.737333402 13.103940 0.05627 0.06
RESULTING VALUE 31-Dec-99 13.103940 119.20161 1562.0108
1.000
FORMULA: 1000*(1+T)= 1562.0108
= 1511.010798
T = 51.10% 56.20%
R = 51.10% 56.20%
STI Capital Appreciation
31-Dec-94
TO NO. YEARS 5.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-94 1000.00 #N/A #N/A
1 FEE 29-Dec-95 0.737333402 4.764482 0.15476
2 FEE 31-Dec-96 0.737333402 5.802582 0.12707
3 FEE 31-Dec-97 0.737333402 7.798209 0.09455
4 FEE 31-Dec-98 0.737333402 9.899189 0.07448
5 FEE 31-Dec-99 0.737333402 10.593253 0.06960 0.03
RESULTING VALUE 31-Dec-99 10.593253 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
<PAGE>
STI Value Income
31-Dec-94
TO NO. YEARS 5.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-94 1000.00 #N/A #N/A
1 FEE 29-Dec-95 0.737333402 6.294887 0.11713
2 FEE 31-Dec-96 0.737333402 7.349592 0.10032
3 FEE 31-Dec-97 0.737333402 9.174018 0.08037
4 FEE 31-Dec-98 0.737333402 9.904363 0.07445
5 FEE 31-Dec-99 0.737333402 9.455971 0.07798 0.03
RESULTING VALUE 31-Dec-99 9.455971 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Federated Prime Money Fund II
31-Dec-94
TO NO. YEARS 5.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-94 1000.00 8.584137 116.49395
1 FEE 29-Dec-95 0.737333402 8.890712 0.08293
2 FEE 31-Dec-96 0.737333402 9.160105 0.08049
3 FEE 31-Dec-97 0.737333402 9.460144 0.07794
4 FEE 31-Dec-98 0.737333402 9.768797 0.07548
5 FEE 31-Dec-99 0.737333402 10.057099 0.07331 0.03
RESULTING VALUE 31-Dec-99 10.057099 116.10379 1167.6673
5.000
FORMULA: 1000*(1+T)= 1167.6673
= 1142.167329
T = 2.69% 3.15%
R = 14.22% 16.77%
MFS Research Series
31-Dec-94
TO NO. YEARS 5.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-94 1000.00 #N/A #N/A
1 FEE 29-Dec-95 0.737333402 5.408474 0.13633
2 FEE 31-Dec-96 0.737333402 6.525842 0.11299
3 FEE 31-Dec-97 0.737333402 7.741201 0.09525
4 FEE 31-Dec-98 0.737333402 9.421624 0.07826
5 FEE 31-Dec-99 0.737333402 11.524353 0.06398 0.03
RESULTING VALUE 31-Dec-99 11.524353 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
<PAGE>
Templeton Stock Fund
31-Dec-94
TO NO. YEARS 5.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-94 1000.00 5.713988 175.00912
1 FEE 29-Dec-95 0.737333402 6.868304 0.10735
2 FEE 31-Dec-96 0.737333402 8.491118 0.08684
3 FEE 31-Dec-97 0.737333402 9.335063 0.07899
4 FEE 31-Dec-98 0.737333402 9.278137 0.07947
5 FEE 31-Dec-99 0.737333402 11.358075 0.06492 0.03
RESULTING VALUE 31-Dec-99 11.358075 174.59156 1983.0240
5.000
FORMULA: 1000*(1+T)= 1983.0240
= 1957.523994
T = 14.38% 14.67%
R = 95.75% 98.30%
Templeton International
31-Dec-94
TO NO. YEARS 5.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-94 1000.00 5.488695 182.19267
1 FEE 29-Dec-95 0.737333402 6.106300 0.12075
2 FEE 31-Dec-96 0.737333402 7.672584 0.09610
3 FEE 31-Dec-97 0.737333402 8.608213 0.08565
4 FEE 31-Dec-98 0.737333402 9.262014 0.07961
5 FEE 31-Dec-99 0.737333402 11.255682 0.06551 0.03
RESULTING VALUE 31-Dec-99 11.255682 181.74505 2045.6645
5.000
FORMULA: 1000*(1+T)= 2045.6645
= 2020.164494
T = 15.10% 15.39%
R = 102.02% 104.57%
Templeton Developing Markets
31-Dec-94
TO NO. YEARS 5.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-94 1000.00 #N/A #N/A
1 FEE 29-Dec-95 0.737333402 #N/A #N/A
2 FEE 31-Dec-96 0.737333402 14.823955 0.04974
3 FEE 31-Dec-97 0.737333402 10.329445 0.07138
4 FEE 31-Dec-98 0.737333402 8.042530 0.09168
5 FEE 31-Dec-99 0.737333402 12.157298 0.06065 0.03
RESULTING VALUE 31-Dec-99 12.157298 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
<PAGE>
Franklin Small Cap Investments
31-Dec-94
TO NO. YEARS 5.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-94 1000.00 #N/A #N/A
1 FEE 29-Dec-95 0.737333402 #N/A #N/A
2 FEE 31-Dec-96 0.737333402 #N/A #N/A
3 FEE 31-Dec-97 0.737333402 #N/A #N/A
4 FEE 31-Dec-98 0.737333402 7.529175 0.09793
5 FEE 31-Dec-99 0.737333402 12.660591 0.05824 0.03
RESULTING VALUE 31-Dec-99 12.660591 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Mutual Shares Investment Fund
31-Dec-94
TO NO. YEARS 5.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-94 1000.00 #N/A #N/A
1 FEE 29-Dec-95 0.737333402 #N/A #N/A
2 FEE 31-Dec-96 0.737333402 #N/A #N/A
3 FEE 31-Dec-97 0.737333402 #N/A #N/A
4 FEE 31-Dec-98 0.737333402 9.540803 0.07728
5 FEE 31-Dec-99 0.737333402 10.303451 0.07156 0.03
RESULTING VALUE 31-Dec-99 10.303451 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Oppenheimer Main Street Growth & Income
31-Dec-94
TO NO. YEARS 5.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-94 1000.00 #N/A #N/A
1 FEE 29-Dec-95 0.737333402 5.089805 0.14486
2 FEE 31-Dec-96 0.737333402 6.652365 0.11084
3 FEE 31-Dec-97 0.737333402 8.693121 0.08482
4 FEE 31-Dec-98 0.737333402 8.977988 0.08213
5 FEE 31-Dec-99 0.737333402 10.774459 0.06843 0.03
RESULTING VALUE 31-Dec-99 10.774459 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
<PAGE>
Oppenheimer Capital Appreciation
31-Dec-94
TO NO. YEARS 5.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-94 1000.00 3.407310 293.48665
1 FEE 29-Dec-95 0.737333402 4.593169 0.16053
2 FEE 31-Dec-96 0.737333402 5.672175 0.12999
3 FEE 31-Dec-97 0.737333402 7.087989 0.10403
4 FEE 31-Dec-98 0.737333402 8.669587 0.08505
5 FEE 31-Dec-99 0.737333402 12.109687 0.06089 0.03
RESULTING VALUE 31-Dec-99 12.109687 292.94617 3547.4864
5.000
FORMULA: 1000*(1+T)= 3547.4864
= 3521.986418
T = 28.63% 28.82%
R = 252.20% 254.75%
Oppenheimer Aggressive Growth
31-Dec-94
TO NO. YEARS 5.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-94 1000.00 4.004834 249.69824
1 FEE 29-Dec-95 0.737333402 5.235329 0.14084
2 FEE 31-Dec-96 0.737333402 6.208038 0.11877
3 FEE 31-Dec-97 0.737333402 6.838372 0.10782
4 FEE 31-Dec-98 0.737333402 7.579064 0.09729
5 FEE 31-Dec-99 0.737333402 13.721664 0.05373 0.03
RESULTING VALUE 31-Dec-99 13.721664 249.17979 3419.1613
5.000
FORMULA: 1000*(1+T)= 3419.1613
= 3393.661318
T = 27.68% 27.87%
R = 239.37% 241.92%
Oppenheimer Strategic Bond
31-Dec-94
TO NO. YEARS 5.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-94 1000.00 7.320194 136.60840
1 FEE 29-Dec-95 0.737333402 8.327707 0.08854
2 FEE 31-Dec-96 0.737333402 9.205513 0.08010
3 FEE 31-Dec-97 0.737333402 9.870835 0.07470
4 FEE 31-Dec-98 0.737333402 10.018538 0.07360
5 FEE 31-Dec-99 0.737333402 10.157847 0.07259 0.03
RESULTING VALUE 31-Dec-99 10.157847 136.21888 1383.6906
5.000
FORMULA: 1000*(1+T)= 1383.6906
= 1358.190562
T = 6.31% 6.71%
R = 35.82% 38.37%
<PAGE>
Oppenheimer Global Securities
31-Dec-94
TO NO. YEARS 5.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-94 1000.00 5.264834 189.93951
1 FEE 29-Dec-95 0.737333402 5.309698 0.13887
2 FEE 31-Dec-96 0.737333402 6.169284 0.11952
3 FEE 31-Dec-97 0.737333402 7.449990 0.09897
4 FEE 31-Dec-98 0.737333402 8.385190 0.08793
5 FEE 31-Dec-99 0.737333402 13.103940 0.05627 0.03
RESULTING VALUE 31-Dec-99 13.103940 189.43796 2482.3836
5.000
FORMULA: 1000*(1+T)= 2482.3836
= 2456.883631
T = 19.70% 19.94%
R = 145.69% 148.24%
Templeton Stock Fund
31-Dec-89
TO NO. YEARS 10.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-89 1000.00 3.882813 257.54524
1 FEE 31-Dec-90 0.737333402 3.405174 0.21653
2 FEE 31-Dec-91 0.737333402 4.267035 0.17280
3 FEE 30-Dec-92 0.737333402 4.414065 0.16704
4 FEE 31-Dec-93 0.737333402 5.936348 0.12421
5 FEE 31-Dec-94 0.737333402 5.713988 0.12904
6 FEE 31-Dec-95 0.737333402 7.045208 0.10466
7 FEE 30-Dec-96 0.737333402 8.327678 0.08854
8 FEE 31-Dec-97 0.737333402 9.335063 0.07899
9 FEE 31-Dec-98 0.737333402 9.278137 0.07947
10 FEE 31-Dec-99 0.737333402 11.358075 0.06492 0
RESULTING VALUE 31-Dec-99 11.358075 256.31905 2911.2910
10.000
FORMULA: 1000*(1+T)= 2911.2910
= 2911.290984
T = 11.28% 11.28%
R = 191.13% 191.13%
<PAGE>
Oppenheimer Capital Appreciation
31-Dec-89
TO NO. YEARS 10.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-89 1000.00 2.553386 391.63683
1 FEE 31-Dec-90 0.737333402 2.311588 0.31897
2 FEE 31-Dec-91 0.737333402 2.862507 0.25758
3 FEE 30-Dec-92 0.737333402 3.237777 0.22773
4 FEE 31-Dec-93 0.737333402 3.421082 0.21553
5 FEE 31-Dec-94 0.737333402 3.407310 0.21640
6 FEE 31-Dec-95 0.737333402 4.593169 0.16053
7 FEE 30-Dec-96 0.737333402 5.720284 0.12890
8 FEE 31-Dec-97 0.737333402 7.087989 0.10403
9 FEE 31-Dec-98 0.737333402 8.669587 0.08505
10 FEE 31-Dec-99 0.737333402 12.109687 0.06089 0
RESULTING VALUE 31-Dec-99 12.109687 389.86123 4721.0975
10.000
FORMULA: 1000*(1+T)= 4721.0975
= 4721.097521
T = 16.79% 16.79%
R = 372.11% 372.11%
Oppenheimer Aggressive Growth
31-Dec-89
TO NO. YEARS 10.000
31-Dec-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 31-Dec-89 1000.00 2.454115 407.47887
1 FEE 31-Dec-90 0.737333402 2.013380 0.36622
2 FEE 31-Dec-91 0.737333402 3.072708 0.23996
3 FEE 30-Dec-92 0.737333402 3.455454 0.21338
4 FEE 31-Dec-93 0.737333402 4.393515 0.16782
5 FEE 31-Dec-94 0.737333402 4.004834 0.18411
6 FEE 31-Dec-95 0.737333402 5.235329 0.14084
7 FEE 30-Dec-96 0.737333402 6.169778 0.11951
8 FEE 31-Dec-97 0.737333402 6.838372 0.10782
9 FEE 31-Dec-98 0.737333402 7.579064 0.09729
10 FEE 31-Dec-99 0.737333402 13.721664 0.05373 0
RESULTING VALUE 31-Dec-99 13.721664 405.78818 5568.0891
10.000
FORMULA: 1000*(1+T)= 5568.0891
= 5568.089103
T = 18.73% 18.73%
R = 456.81% 456.81%
</TABLE>
<PAGE>
POWER OF ATTORNEY
WITH RESPECT TO GLENBROOK LIFE MULTI-MANAGER
VARIABLE ACCOUNT
(REGISTRANT)
Know all men by these presents that Thomas J. Wilson, II, whose signature
appears below, constitutes and appoints Michael J. Velotta, his
attorney-in-fact, with power of substitution in any and all capacities, to sign
any Form N-4 Registration Statement and amendments thereto for Glenbrook Life
and Annuity Company and Glenbrook Life Multi-Manager Variable Account
(Registrant) and annual reports on any Form or Forms under the Securities and
Exchange Act of 1934, and any and all amendments and supplements thereto and to
file the same, with exhibits thereto and other documents in connection
therewith, with the Securities and Exchange Commission, hereby ratifying and
confirming all that said attorney-in-fact, or his substitute or substitutes, may
do or cause to be done by virtue hereof.
April 28, 2000
----------------
/s/THOMAS J. WILSON, II
Thomas J. Wilson, II
President, Chief Operating Officer,
(Principal Executive Officer) and Director
<PAGE>
POWER OF ATTORNEY
WITH RESPECT TO GLENBROOK LIFE MULTI-MANAGER
VARIABLE ACCOUNT
(REGISTRANT)
Know all men by these presents that Michael J. Velotta, whose signature
appears below, constitutes and appoints Thomas J. Wilson II, his
attorney-in-fact, with power of substitution in any and all capacities, to sign
any Form N-4 Registration Statement and amendments thereto for Glenbrook Life
and Annuity Company and Glenbrook Life Multi-Manager Variable Account
(Registrant) and annual reports on any Form or Forms under the Securities and
Exchange Act of 1934, and any and all amendments and supplements thereto and to
file the same, with exhibits thereto and other documents in connection
therewith, with the Securities and Exchange Commission, hereby ratifying and
confirming all that said attorney-in-fact, or his substitute or substitutes, may
do or cause to be done by virtue hereof.
April 28, 2000
----------------
/s/MICHAEL J. VELOTTA
Michael J. Velotta
Vice President, Secretary,
General Counsel and Director
<PAGE>
POWER OF ATTORNEY
WITH RESPECT TO GLENBROOK LIFE MULTI-MANAGER
VARIABLE ACCOUNT
(REGISTRANT)
Know all men by these presents that Sarah R. Donahue, whose signature
appears below, constitutes and appoints Thomas J. Wilson, II, and Michael J.
Velotta, her attorney-in-fact, each to act individually, with full power of
substitution in any and all capacities, to sign any Form N-4 Registration
Statement and amendments thereto for Glenbrook Life and Annuity Company and
Glenbrook Life Multi-Manager Variable Account (Registrant) and annual reports on
any Form or Forms under the Securities and Exchange Act of 1934, and any and all
amendments and supplements thereto and to file the same, with exhibits thereto
and other documents in connection therewith, with the Securities and Exchange
Commission, hereby ratifying and confirming all that said attorney-in-fact, or
his substitute or substitutes, may do or cause to be done by virtue hereof.
April 28, 2000
----------------
/s/SARAH R. DONAHUE
Sarah R. Donahue
Assistant Vice President and Director
<PAGE>
POWER OF ATTORNEY
WITH RESPECT TO GLENBROOK LIFE MULTI-MANAGER
VARIABLE ACCOUNT
(REGISTRANT)
Know all men by these presents that Brent H. Hamann, whose signature appears
below, constitutes and appoints Thomas J. Wilson, II, and Michael J. Velotta,
his attorney-in-fact, each to act individually, with full power of substitution
in any and all capacities, to sign any Form N-4 Registration Statement and
amendments thereto for Glenbrook Life and Annuity Company and Glenbrook Life
Multi-Manager Variable Account (Registrant) and annual reports on any Form or
Forms under the Securities and Exchange Act of 1934, and any and all amendments
and supplements thereto and to file the same, with exhibits thereto and other
documents in connection therewith, with the Securities and Exchange Commission,
hereby ratifying and confirming all that said attorney-in-fact, or his
substitute or substitutes, may do or cause to be done by virtue hereof.
April 28, 2000
----------------
/s/BRENT H. HAMANN
Brent H. Hamann
Director
<PAGE>
POWER OF ATTORNEY
WITH RESPECT TO GLENBROOK LIFE MULTI-MANAGER
VARIABLE ACCOUNT
(REGISTRANT)
Know all men by these presents that John R. Hunter, whose signature appears
below, constitutes and appoints Thomas J. Wilson, II, and Michael J. Velotta,
his attorney-in-fact, each to act individually, with full power of substitution
in any and all capacities, to sign any Form N-4 Registration Statement and
amendments thereto for Glenbrook Life and Annuity Company and Glenbrook Life
Multi-Manager Variable Account (Registrant) and annual reports on any Form or
Forms under the Securities and Exchange Act of 1934, and any and all amendments
and supplements thereto and to file the same, with exhibits thereto and other
documents in connection therewith, with the Securities and Exchange Commission,
hereby ratifying and confirming all that said attorney-in-fact, or his
substitute or substitutes, may do or cause to be done by virtue hereof.
April 28, 2000
----------------
/s/JOHN R. HUNTER
John R. Hunter
Vice President and Director
<PAGE>
POWER OF ATTORNEY
WITH RESPECT TO GLENBROOK LIFE MULTI-MANAGER
VARIABLE ACCOUNT
(REGISTRANT)
Know all men by these presents that Timothy N. Vander Pas, whose signature
appears below, constitutes and appoints Thomas J. Wilson, II, and Michael J.
Velotta, his attorney-in-fact, each to act individually, with full power of
substitution in any and all capacities, to sign any Form N-4 Registration
Statement and amendments thereto for Glenbrook Life and Annuity Company and
Glenbrook Life Multi-Manager Variable Account (Registrant) and annual reports on
any Form or Forms under the Securities and Exchange Act of 1934, and any and all
amendments and supplements thereto and to file the same, with exhibits thereto
and other documents in connection therewith, with the Securities and Exchange
Commission, hereby ratifying and confirming all that said attorney-in-fact, or
his substitute or substitutes, may do or cause to be done by virtue hereof.
April 28, 2000
----------------
/s/TIMOTHY N. VANDER PAS
Timothy N. Vander Pas
Assistant Vice President and Director
<PAGE>
POWER OF ATTORNEY
WITH RESPECT TO GLENBROOK LIFE MULTI-MANAGER
VARIABLE ACCOUNT
(REGISTRANT)
Know all men by these presents that G. Craig Whitehead, whose signature
appears below, constitutes and appoints Thomas J. Wilson, II, and Michael J.
Velotta, his attorney-in-fact, each to act individually, with full power of
substitution in any and all capacities, to sign any Form N-4 Registration
Statement and amendments thereto for Glenbrook Life and Annuity Company and
Glenbrook Life Multi-Manager Variable Account (Registrant) and annual reports on
any Form or Forms under the Securities and Exchange Act of 1934, and any and all
amendments and supplements thereto and to file the same, with exhibits thereto
and other documents in connection therewith, with the Securities and Exchange
Commission, hereby ratifying and confirming all that said attorney-in-fact, or
his substitute or substitutes, may do or cause to be done by virtue hereof.
April 28, 2000
----------------
/s/G. CRAIG WHITEHEAD
G. Craig Whitehead
Assistant Vice President and Director
<PAGE>
POWER OF ATTORNEY
WITH RESPECT TO GLENBROOK LIFE MULTI-MANAGER
VARIABLE ACCOUNT
(REGISTRANT)
Know all men by these presents that Kevin R. Slawin, whose signature appears
below, constitutes and appoints Thomas J. Wilson, II, and Michael J. Velotta,
his attorney-in-fact, each to act individually, with full power of substitution
in any and all capacities, to sign any Form N-4 Registration Statement and
amendments thereto for Glenbrook Life and Annuity Company and Glenbrook Life
Multi-Manager Variable Account (Registrant) and annual reports on any Form or
Forms under the Securities and Exchange Act of 1934, and any and all amendments
and supplements thereto and to file the same, with exhibits thereto and other
documents in connection therewith, with the Securities and Exchange Commission,
hereby ratifying and confirming all that said attorney-in-fact, or his
substitute or substitutes, may do or cause to be done by virtue hereof.
April 28, 2000
----------------
/s/KEVIN R. SLAWIN
Kevin R. Slawin
Vice President and Director
<PAGE>
POWER OF ATTORNEY
WITH RESPECT TO GLENBROOK LIFE MULTI-MANAGER
VARIABLE ACCOUNT
(REGISTRANT)
Know all men by these presents that Samuel H. Pilch, whose signature appears
below, constitutes and appoints Thomas J. Wilson, II, and Michael J. Velotta,
his attorney-in-fact, each to act individually, with full power of substitution
in any and all capacities, to sign any Form N-4 Registration Statement and
amendments thereto for Glenbrook Life and Annuity Company and Glenbrook Life
Multi-Manager Variable Account (Registrant) and annual reports on any Form or
Forms under the Securities and Exchange Act of 1934, and any and all amendments
and supplements thereto and to file the same, with exhibits thereto and other
documents in connection therewith, with the Securities and Exchange Commission,
hereby ratifying and confirming all that said attorney-in-fact, or his
substitute or substitutes, may do or cause to be done by virtue hereof.
April 28, 2000
----------------
/s/SAMUEL H. PILCH
Samuel H. Pilch
Controller (Principal Accounting Officer)
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