SCHEDULE FOR COMPUTATION OF TOTAL RETURN CALCULATIONS
Total Return Calculation (Standardized)
The standardized rate represents fund performance for the most recent 1-year,
5-year and 10-year periods. The "1-year rate" represents fund performance for
the period January 1, 1999 through December 31, 1999; the "5-year rate" is for
the period January 1, 1995 through December 31, 1999; the "10-year rate" is for
the period January 1, 1990 through December 31, 1999. "Since inception" figures
assume the redemption on December 31, 1999 of values attributable to a $1,000
payment made on the date contributions were first received in the fund under the
separate account.
The formula used in the computation of the total return calculation is as
follows:
Formula
P(1+T)^n = ERV
P = a hypothetical initial payment of $1,000
T = average annual total return
n = number of years
ERV = ending redeemable value at the end of 1, 5, or 10 year periods
(or a fractional portion thereof) of a hypothetical $1,000
payment made at the beginning of the 1, 5, or 10 year periods
The Total Returns reflect the deduction of all recurring charges during each
period (e.g., mortality and expense risk charges and administrative expense
charges).
Total Return Calculation (Non-Standardized)
The non-standardized rate represents fund performance for the most recent
1-year, 3-year, 5-year and 10-year periods. The "1-year rate" represents fund
performance for the period January 1, 1999 through December 31, 1999; the
"3-year rate" is for the period January 1, 1997 through December 31, 1999; the
"5-year rate" is for the period January 1, 1995 through December 31, 1999; the
"10-year rate" is for the period January 1, 1990 through December 31, 1999.
The non-standardized figures will be calculated in a manner similar to the one
discussed above for the standardized figures, except that non-standardized
figures will not reflect the deduction of any applicable early withdrawal charge
(which would decrease the level of performance shown if reflected in these
calculations), and the "Since inception" figures assume the redemption on
December 31, 1999 of values attributable to a $1,000 payment made on the
inception dates of the funds.
For an illustration of the Computation of the Total Return Quotations, both
Standardized and Non-Standardized, see attached.
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Fund Name Separate Maintenance One Year Three Five Year
Account Fee As of Date AUV % - Year AUV AUV % -
Fund Inc % - Fund Fund Inc
Date Inc Date Date
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<S> <C> <C> <C> <C> <C> <C>
Aetna Balanced VP, Inc. B $0.00 12/31/1999 11.70% 15.64% 16.98%
Aetna Bond VP B $0.00 12/31/1999 (2.41%) 3.38% 5.52%
Aetna Get Fund - Series I B $0.00 12/31/1999
Aetna Get Fund - Series K B $0.00 12/31/1999
Aetna Growth and Income VP B $0.00 12/31/1999 15.45% 18.40% 21.44%
Aetna Growth VP B $0.00 12/31/1999 32.70% 32.93%
Aetna Index Plus Large Cap VP B $0.00 12/31/1999 22.21% 27.68%
Aetna International VP B $0.00 12/31/1999 48.79%
Aetna Money Market VP B $0.00 12/31/1999 3.31% 3.57% 3.71%
Aetna Real Estate Securities VP B $0.00 12/31/1999 (5.83%)
Aetna Small Company VP B $0.00 12/31/1999 28.65% 19.13%
Aetna Technology VP B $0.00 12/31/1999
AIM V.I. Capital Appreciation Fund B $0.00 12/31/1999 42.19% 23.02% 23.50%
AIM V.I. Government Securities Fund B $0.00 12/31/1999 (2.98%) 3.00% 4.54%
AIM V.I. Growth and Income Fund B $0.00 12/31/1999 31.99% 27.02% 26.05%
AIM V.I. Growth Fund B $0.00 12/31/1999 32.96% 29.83% 27.49%
AIM V.I. Value Fund B $0.00 12/31/1999 27.72% 26.47% 25.12%
Alliance Growth and Income Portfolio B $0.00 12/31/1999 9.50% 18.12% 21.84%
Alliance Premier Growth Portfolio B $0.00 12/31/1999 30.09% 35.56% 33.76%
Alliance Quasar Portfolio B $0.00 12/31/1999 15.11% 8.02%
Fidelity VIP Equity-Income Portfolio B $0.00 12/31/1999 4.54% 13.06% 16.62%
Fidelity VIP Growth Portfolio B $0.00 12/31/1999 35.13% 31.04% 27.56%
Fidelity VIP High Income Portfolio B $0.00 12/31/1999 6.34% 4.99% 9.02%
Fidelity VIP II Contrafund[RegTM] Portfolio B $0.00 12/31/1999 22.17% 23.98%
Janus Aspen Series Aggressive Growth Portfolio B $0.00 12/31/1999 121.63% 47.98% 33.94%
Janus Aspen Series Balanced Portfolio B $0.00 12/31/1999 24.63% 25.47% 22.59%
Janus Aspen Series Growth Portfolio B $0.00 12/31/1999 41.57% 31.59% 27.71%
Janus Aspen Series Worldwide Growth Portfolio B $0.00 12/31/1999 61.69% 35.02% 31.36%
MFS[RegTM] Total Return Series B $0.00 12/31/1999 1.35% 10.11%
Mitchell Hutchins Growth and Income Portfolio B $0.00 12/31/1999
Mitchell Hutchins Small Cap Portfolio B $0.00 12/31/1999
Mitchell Hutchins Tactical Allocation Portfolio B $0.00 12/31/1999
Oppenheimer Aggressive Growth Fund/VA B $0.00 12/31/1999 80.53% 29.85% 27.52%
Oppenheimer Main Street Growth and Income Fund/VA B $0.00 12/31/1999 19.66% 17.07%
Oppenheimer Strategic Bond Fund/VA B $0.00 12/31/1999 1.10% 3.01% 6.43%
PPI MFS Capital Opp / Neuberger Berman AMT Growth (3) B $0.00 12/31/1999 46.29% 31.32% 25.77%
PPI MFS Capital Opportunities Portfolio B $0.00 12/31/1999 46.29%
PPI MFS Emerging Equities / Alger Amer Small Cap (3) B $0.00 12/31/1999 48.34% 26.64% 24.17%
PPI MFS Emerging Equities Portfolio B $0.00 12/31/1999 48.34%
PPI MFS Research Growth / Amer Century VP Cap Appr B $0.00 12/31/1999 21.95% 12.06% 11.28%
PPI MFS Research Growth Portfolio B $0.00 12/31/1999 21.95%
PPI Scudder International / Scudder VLIF Int'l (3) B $0.00 12/31/1999 55.75% 25.02% 19.23%
PPI Scudder International Growth Portfolio B $0.00 12/31/1999 55.75%
</TABLE>
<TABLE>
<CAPTION>
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Fund Name Ten Year Inception One Year Five Year Ten Year
AUV % - Year AUV Product Product Product
Fund Inc % - Fund % w/DSC - SA % w/DSC - SA % w/DSC - SA
Date Inc Date Inc Date Inc Date Inc Date
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<S> <C> <C> <C> <C> <C>
Aetna Balanced VP, Inc. 11.37% 11.70% 16.98% 11.37%
Aetna Bond VP 5.91% (2.41%) 5.52% 5.91%
Aetna Get Fund - Series I
Aetna Get Fund - Series K
Aetna Growth and Income VP 13.58% 15.45% 21.44% 13.58%
Aetna Growth VP 32.97% 32.70%
Aetna Index Plus Large Cap VP 28.32% 22.21%
Aetna International VP 33.17% 48.79%
Aetna Money Market VP 3.56% 3.31% 3.71% 3.56%
Aetna Real Estate Securities VP (8.41%) (5.83%)
Aetna Small Company VP 19.53% 28.65%
Aetna Technology VP
AIM V.I. Capital Appreciation Fund 20.29% 42.19%
AIM V.I. Government Securities Fund 2.91%
AIM V.I. Growth and Income Fund 22.42% 31.99%
AIM V.I. Growth Fund 20.88% 32.96%
AIM V.I. Value Fund 21.02% 27.72%
Alliance Growth and Income Portfolio 13.54%
Alliance Premier Growth Portfolio 24.23%
Alliance Quasar Portfolio 8.78%
Fidelity VIP Equity-Income Portfolio 12.57% 4.54% 16.62% 16.61%
Fidelity VIP Growth Portfolio 17.93% 35.13% 27.56% 27.54%
Fidelity VIP High Income Portfolio 10.55% 6.34%
Fidelity VIP II Contrafund[RegTM] Portfolio 25.61% 22.17%
Janus Aspen Series Aggressive Growth Portfolio 32.17% 121.63% 33.94%
Janus Aspen Series Balanced Portfolio 18.60% 24.63%
Janus Aspen Series Growth Portfolio 22.20% 41.57% 27.71%
Janus Aspen Series Worldwide Growth Portfolio 27.54% 61.69%
MFS[RegTM] Total Return Series 13.48% 1.35%
Mitchell Hutchins Growth and Income Portfolio 9.38%
Mitchell Hutchins Small Cap Portfolio 15.29%
Mitchell Hutchins Tactical Allocation Portfolio 16.57%
Oppenheimer Aggressive Growth Fund/VA 18.28% 80.53%
Oppenheimer Main Street Growth and Income Fund/VA 23.68% 19.66%
Oppenheimer Strategic Bond Fund/VA 4.40% 1.10%
PPI MFS Capital Opp / Neuberger Berman AMT Growth (3) 14.37% 46.29% 25.77%
PPI MFS Capital Opportunities Portfolio 34.08% 46.29%
PPI MFS Emerging Equities / Alger Amer Small Cap (3) 17.96% 48.34% 24.17%
PPI MFS Emerging Equities Portfolio 34.80% 48.34%
PPI MFS Research Growth / Amer Century VP Cap Appr 8.98% 21.95% 11.28%
PPI MFS Research Growth Portfolio 19.28% 21.95%
PPI Scudder International / Scudder VLIF Int'l (3) 11.68% 55.75% 19.23%
PPI Scudder International Growth Portfolio 34.21% 55.75%
</TABLE>
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<CAPTION>
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Fund Name Inception Separate
Year Product Account Fund Sep Free DSC
% w/DSC Inceptio Inception Acct Out Method
- SA Inc Date Date Date Charge
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<S> <C> <C> <C> <C> <C> <C>
Aetna Balanced VP, Inc. 06/30/1989 04/03/198 170 0.00% C
Aetna Bond VP 05/31/1978 05/15/197 170 0.00% C
Aetna Get Fund - Series I 06/15/200 170 0.00% C
Aetna Get Fund - Series K 09/15/200 170 0.00% C
Aetna Growth and Income VP 05/01/1975 05/01/197 170 0.00% C
Aetna Growth VP 33.96% 05/30/1997 12/13/199 170 0.00% C
Aetna Index Plus Large Cap VP 27.83% 10/31/1996 09/16/199 170 0.00% C
Aetna International VP 23.95% 05/05/1998 12/22/199 170 0.00% C
Aetna Money Market VP 09/30/1975 08/01/197 170 0.00% C
Aetna Real Estate Securities VP (10.96%) 05/06/1998 12/15/199 170 0.00% C
Aetna Small Company VP 18.12% 05/30/1997 12/27/199 170 0.00% C
Aetna Technology VP 05/01/2000 05/01/200 170 0.00% C
AIM V.I. Capital Appreciation Fund 62.82% 10/02/1998 05/05/199 170 0.00% C
AIM V.I. Government Securities Fund 05/05/199 170 0.00% C
AIM V.I. Growth and Income Fund 54.26% 10/02/1998 05/02/199 170 0.00% C
AIM V.I. Growth Fund 57.44% 10/02/1998 05/05/199 170 0.00% C
AIM V.I. Value Fund 50.97% 10/02/1998 05/05/199 170 0.00% C
Alliance Growth and Income Portfolio 01/14/199 170 0.00% C
Alliance Premier Growth Portfolio 06/26/199 170 0.00% C
Alliance Quasar Portfolio 08/05/199 170 0.00% C
Fidelity VIP Equity-Income Portfolio 12/30/1994 10/09/198 170 0.00% C
Fidelity VIP Growth Portfolio 12/30/1994 10/09/198 170 0.00% C
Fidelity VIP High Income Portfolio 7.50% 06/30/1995 09/19/198 170 0.00% C
Fidelity VIP II Contrafund[RegTM] Portfolio 22.77% 06/30/1995 01/03/199 170 0.00% C
Janus Aspen Series Aggressive Growth Portfolio 32.28% 10/31/1994 09/13/199 170 0.00% C
Janus Aspen Series Balanced Portfolio 22.62% 01/31/1995 09/13/199 170 0.00% C
Janus Aspen Series Growth Portfolio 25.43% 07/29/1994 09/13/199 170 0.00% C
Janus Aspen Series Worldwide Growth Portfolio 33.38% 04/28/1995 09/13/199 170 0.00% C
MFS[RegTM] Total Return Series 10.88% 05/31/1996 01/03/199 170 0.00% C
Mitchell Hutchins Growth and Income Portfolio 8.44% 05/05/1999 01/04/199 170 0.00% C
Mitchell Hutchins Small Cap Portfolio 6.64% 07/02/1999 05/03/199 170 0.00% C
Mitchell Hutchins Tactical Allocation Portfolio 7.59% 05/17/1999 01/04/199 170 0.00% C
Oppenheimer Aggressive Growth Fund/VA 35.23% 05/30/1997 08/15/198 170 0.00% C
Oppenheimer Main Street Growth and Income Fund/VA 15.68% 05/30/1997 07/05/199 170 0.00% C
Oppenheimer Strategic Bond Fund/VA 2.85% 05/30/1997 05/03/199 170 0.00% C
PPI MFS Capital Opp / Neuberger Berman AMT Growth (3) 17.52% 11/30/1992 09/10/198 170 0.00% C
PPI MFS Capital Opportunities Portfolio 34.17% 11/28/1997 11/28/199 170 0.00% C
PPI MFS Emerging Equities / Alger Amer Small Cap (3) 18.09% 09/30/1993 09/21/198 170 0.00% C
PPI MFS Emerging Equities Portfolio 34.80% 11/28/1997 11/28/199 170 0.00% C
PPI MFS Research Growth / Amer Century VP Cap Appr 9.70% 08/31/1992 11/20/198 170 0.00% C
PPI MFS Research Growth Portfolio 19.28% 11/28/1997 11/28/199 170 0.00% C
PPI Scudder International / Scudder VLIF Int'l (3) 16.23% 08/31/1992 05/01/198 170 0.00% C
PPI Scudder International Growth Portfolio 34.07% 11/28/1997 11/28/199 170 0.00% C
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<CAPTION>
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Fund Name
One Three Five Ten Fund Separate
Year Year Year Year Inception Account
DSC DSC DSC DSC DSC Inception DSC
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<S> <C> <C> <C> <C> <C> <C>
Aetna Balanced VP, Inc. 0.00% 0.00% 0.00% 0.00%
Aetna Bond VP 0.00% 0.00% 0.00% 0.00%
Aetna Get Fund - Series I 0.00% 0.00% 0.00% 0.00% 0.00%
Aetna Get Fund - Series K 0.00% 0.00% 0.00% 0.00%
Aetna Growth and Income VP 0.00% 0.00% 0.00% 0.00%
Aetna Growth VP 0.00% 0.00% 0.00% 0.00% 0.00% 0%
Aetna Index Plus Large Cap VP 0.00% 0.00% 0.00% 0.00% 0.00% 0%
Aetna International VP 0.00% 0.00% 0.00% 0.00% 0.00% 0%
Aetna Money Market VP 0.00% 0.00% 0.00% 0.00%
Aetna Real Estate Securities VP 0.00% 0.00% 0.00% 0.00% 0.00% 0%
Aetna Small Company VP 0.00% 0.00% 0.00% 0.00% 0.00% 0%
Aetna Technology VP 0.00% 0.00% 0.00% 0.00% 0.00% 0%
AIM V.I. Capital Appreciation Fund 0.00% 0.00% 0.00% 0.00% 0.00% 0%
AIM V.I. Government Securities Fund 0.00% 0.00% 0.00% 0.00% 0.00%
AIM V.I. Growth and Income Fund 0.00% 0.00% 0.00% 0.00% 0.00% 0%
AIM V.I. Growth Fund 0.00% 0.00% 0.00% 0.00% 0.00% 0%
AIM V.I. Value Fund 0.00% 0.00% 0.00% 0.00% 0.00% 0%
Alliance Growth and Income Portfolio 0.00% 0.00% 0.00% 0.00% 0.00%
Alliance Premier Growth Portfolio 0.00% 0.00% 0.00% 0.00% 0.00%
Alliance Quasar Portfolio 0.00% 0.00% 0.00% 0.00% 0.00%
Fidelity VIP Equity-Income Portfolio 0.00% 0.00% 0.00% 0.00% 0%
Fidelity VIP Growth Portfolio 0.00% 0.00% 0.00% 0.00% 0%
Fidelity VIP High Income Portfolio 0.00% 0.00% 0.00% 0.00% 0%
Fidelity VIP II Contrafund[RegTM] Portfolio 0.00% 0.00% 0.00% 0.00% 0.00% 0%
Janus Aspen Series Aggressive Growth Portfolio 0.00% 0.00% 0.00% 0.00% 0.00% 0%
Janus Aspen Series Balanced Portfolio 0.00% 0.00% 0.00% 0.00% 0.00% 0%
Janus Aspen Series Growth Portfolio 0.00% 0.00% 0.00% 0.00% 0.00% 0%
Janus Aspen Series Worldwide Growth Portfolio 0.00% 0.00% 0.00% 0.00% 0.00% 0%
MFS[RegTM] Total Return Series 0.00% 0.00% 0.00% 0.00% 0.00% 0%
Mitchell Hutchins Growth and Income Portfolio 0.00% 0.00% 0.00% 0.00% 0.00% 0%
Mitchell Hutchins Small Cap Portfolio 0.00% 0.00% 0.00% 0.00% 0.00% 0%
Mitchell Hutchins Tactical Allocation Portfolio 0.00% 0.00% 0.00% 0.00% 0.00% 0%
Oppenheimer Aggressive Growth Fund/VA 0.00% 0.00% 0.00% 0.00% 0%
Oppenheimer Main Street Growth and Income Fund/VA 0.00% 0.00% 0.00% 0.00% 0.00% 0%
Oppenheimer Strategic Bond Fund/VA 0.00% 0.00% 0.00% 0.00% 0.00% 0%
PPI MFS Capital Opp / Neuberger Berman AMT Growth (3) 0.00% 0.00% 0.00% 0.00% 0%
PPI MFS Capital Opportunities Portfolio 0.00% 0.00% 0.00% 0.00% 0.00% 0%
PPI MFS Emerging Equities / Alger Amer Small Cap (3) 0.00% 0.00% 0.00% 0.00% 0%
PPI MFS Emerging Equities Portfolio 0.00% 0.00% 0.00% 0.00% 0.00% 0%
PPI MFS Research Growth / Amer Century VP Cap Appr 0.00% 0.00% 0.00% 0.00% 0%
PPI MFS Research Growth Portfolio 0.00% 0.00% 0.00% 0.00% 0.00% 0%
PPI Scudder International / Scudder VLIF Int'l (3) 0.00% 0.00% 0.00% 0.00% 0%
PPI Scudder International Growth Portfolio 0.00% 0.00% 0.00% 0.00% 0.00% 0%
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