<PAGE>
As filed with the Securities and Exchange Commission on November 30, 2000
Registration No. 333-61135
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
POST-EFFECTIVE AMENDMENT NO. 7 TO
FORM S-6
FOR REGISTRATION UNDER THE SECURITIES ACT
OF 1933 OF SECURITIES OF UNIT INVESTMENT
TRUSTS REGISTERED ON FORM N-8B-2
PACIFIC SELECT EXEC SEPARATE ACCOUNT OF
PACIFIC LIFE INSURANCE COMPANY
(Exact Name of Registrant)
PACIFIC LIFE INSURANCE COMPANY
(Name of Depositor)
700 Newport Center Drive
P.O. Box 9000
Newport Beach, California 92660
(Address of Depositor's Principal Executive Office)
(949) 219-3743
(Depositor's Telephone Number, including Area Code)
Diane N. Ledger
Vice President
Pacific Life Insurance Company
700 Newport Center Drive
P.O. Box 9000
Newport Beach, California 92660
(Name and Address of Agent for Service of Process)
Copies to:
Jeffrey S. Puretz, Esq.
Dechert Price & Rhoads
1775 Eye Street, N.W.
Washington, D.C. 20006-2401
It is proposed that this filing will become effective on November 30, 2000
pursuant to paragraph (b) of Rule 485.
Title of securities being registered: interests in the Separate Account under
M's Versatile Product Flexible Premium Variable Life Insurance Policies.
Filing fee: None
<PAGE>
Pacific Select Exec Separate Account of Pacific Life Insurance Company
CROSS-REFERENCE SHEET
Pursuant to Rule 404(c) of Regulation C under the Securities Act of 1933
(Form N-8B-2 Items required by Instruction as to the Prospectus in Form S-6)
<TABLE>
<CAPTION>
Form N-8B-2 Form S-6
Item Number Heading in Prospectus
<S> <C>
1. (a) Name of trust................................. Prospectus front cover
(b) Title of securities issued.................... Prospectus front cover
2. Name and address of each depositor................. Prospectus front cover; Back cover
3. Name and address of trustee........................ N/A
4. Name and address of each principal underwriter..... About Pacific Life
5. State of organization of trust..................... Pacific Select Exec Separate
Account
6. Execution and termination of trust agreement....... Pacific Select Exec Separate
Account
7. Changes of name.................................... N/A
8. Fiscal year........................................ N/A
9. Material Litigation................................ N/A
II. General Description of the Trust and Securities of the Trust
10. (a) Registered or bearer securities............... M's Versatile Product basics; The death benefit
(b) Cumulative or distributive securities......... M's Versatile Product basics; The death benefit
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
<S> <C>
(c) Withdrawal or redemption.......................................... Withdrawals, surrenders and loans
(d) Conversion, transfer, etc. ....................................... Withdrawals, surrenders and loans
(e) Periodic payment plan............................................. N/A
(f) Voting rights..................................................... Voting Rights
(g) Notice to security holders........................................ Reports we'll send you
(h) Consents required................................................. Voting Rights
(i) Other provisions.................................................. N/A
11. Type of securities comprising units................................... M's Versatile Product basics
12. Certain information regarding periodic payment plan certificates...... N/A
13. (a) Load, fees, expenses, etc. ....................................... Deductions from your premiums; Surrendering your policy
(b) Certain information regarding periodic payment plan certificates.. N/A
(c) Certain percentages............................................... Deductions from your premiums
(d) Difference in price............................................... N/A
(e) Certain other fees, etc. ......................................... Deductions from your premiums; Surrendering your policy
(f) Certain other profits or benefits................................. The death benefit; Your policy's accumulated value
(g) Ratio of annual charges to income................................. N/A
14. Issuance of trust's securities........................................ M's Versatile Product basics
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
<S> <C>
15. Receipt and handling of payments from purchasers.......... How premiums work
16. Acquisition and disposition of underlying securities...... Your policy's accumulated value; Your investment options
17. Withdrawal or redemption.................................. Withdrawals, surrenders and loans
18. (a) Receipt, custody and disposition of income............ Your policy's accumulated value
(b) Reinvestment of distributions......................... N/A
(c) Reserves or special funds............................. N/A
(d) Schedule of distributions............................. N/A
19. Records, accounts and reports............................. Statements and Reports
20. Certain miscellaneous provisions of trust agreement:
(a) Amendment............................................. N/A
(b) Termination........................................... N/A
(c) and (d) Trustees, removal and successor............... N/A
(e) and (f) Depositors, removal and successor............. N/A
21. Loans to security holders................................. Withdrawals, surrenders and loans
22. Limitations on liability.................................. N/A
23. Bonding arrangements...................................... N/A
24. Other material provisions of trust agreement.............. N/A
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
<S> <C>
III. Organizations, Personnel and Affiliated Persons of Depositor
25. Organization of depositor....................................................... About Pacific Life
26. Fees received by depositor...................................................... See Items 13(a) and 13(e)
27. Business of depositor........................................................... About Pacific Life
28. Certain information as to officials and affiliated persons of depositor......... About Pacific Life
29. Voting securities of depositor.................................................. N/A
30. Persons controlling depositor................................................... N/A
31. Payments by depositor for certain services rendered to trust.................... N/A
32. Payments by depositor for certain other services rendered to trust.............. N/A
33. Remuneration of employees of depositor for certain services rendered to trust... N/A
34. Remuneration of other persons for certain services rendered to trust............ N/A
IV. Distribution and Redemption of Securities
35. Distribution of trust's securities by states.................................... N/A
36. Suspension of sales of trust's securities....................................... N/A
37. Revocation of authority to distribute........................................... N/A
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
<S> <C>
38. (a) Method of distribution............ How policies are distributed
(b) Underwriting agreements........... How policies are distributed
(c) Selling agreements................ How policies are distributed
39. (a) Organization of principal
underwriters...................... How policies are distributed
(b) N.A.S.D. membership of principal
underwriters...................... How policies are distributed
40. Certain fees received by principal
underwriters.......................... How policies are distributed
41. (a) Business of each principal
underwriter........................... How policies are distributed
(b) Branch offices of each principal
underwriter....................... N/A
(c) Salesmen of each principal
underwriter....................... N/A
42. Ownership of trust's securities by
certain persons....................... N/A
43. Certain brokerage commissions received
by principal underwriters............. N/A
44. (a) Method of valuation............... Your policy's accumulated value
(b) Schedule as to offering price..... How premiums work
(c) Variation in offering price to
certain persons................... Monthly deductions
45. Suspension of redemption rights....... Timing of payments, forms and requests
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
<S> <C>
46. (a) Redemption valuation.............. Withdrawals, surrenders and loans
(b) Schedule as to redemption price... Withdrawals, surrenders and loans
47. Maintenance of position in
underlying securities................. Your investment options
V. Information Concerning the Trustee
or Custodian
48. Organization and regulation N/A
of trustee............................
49. Fees and expenses of trustees......... N/A
50. Trustee's lien........................ N/A
VI. Information Concerning Insurance of
Holders of Securities
51. Insurance of holders of trust's
securities............................ The death benefit
VII. Policy of Registrant
52. (a) Provisions of trust agreement
with respect to selection or
elimination of underlying
securities........................ How our accounts work
(b) Transactions involving elimination
of underlying securities.......... How our accounts work
(c) Policy regarding substitution or
elimination of underlying
securities........................ See Items 13(a) and 52(a)
(d) Fundamental policy not otherwise
covered........................... N/A
53. Tax status of trust................... Variable life insurance and your
taxes
VIII. Financial and Statistical Information
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
<S> <C>
54. Trust's securities during last ten years... N/A
55. N/A
56. Certain information regarding periodic
payment plan certificates.................. N/A
57. N/A
58. N/A
59. Financial statements (Instruction 1(c)
of "Instructions as to the Prospectus" of
Form S-6).................................. Financial statements
</TABLE>
<PAGE>
PROSPECTUS
(Included in Post-Effective Amendment No. 4 to the Registrant's Registration
Statement on Form S-6, Accession No. 0001017062-00-001027, as filed on May 1,
2000, and incorporated by reference herein; and Form Type 497, Accession No.
0001017062-00-002093, as filed on October 2, 2000, and incorporated by reference
herein.)
<PAGE>
Supplement to Prospectus Dated May 1, 2000 for M's Versatile Product
Flexible Premium Variable Insurance Policy (the "policy")
Issued by Pacific Life Insurance Company
This supplement changes the prospectus to reflect the
following and restates information contained in a
supplement dated October 2, 2000:
---------------------------------------------------------
Eleven new variable The following new investment options are added to the
investment options chart on page 1 of the prospectus:
are available
.Blue Chip .Strategic Value
.Aggressive Growth .Focused 30
.Financial Services .Capital Opportunities
.Health Sciences .Mid-Cap Growth
.Technology .Global Growth
.Telecommunications
---------------------------------------------------------
The Bond and Income The Bond and Income variable account terminated on
investment option September 22, 2000.
is no longer
available All references to the Bond and Income variable account,
investment option or portfolio are removed. References
to the 21 variable investment options throughout the
prospectus are changed to refer to 31 variable
investment options.
Unless you instruct us otherwise, to the extent any
outstanding instruction you have on file with us
designates the Bond and Income investment option, the
instruction will be deemed an instruction for the
Managed Bond investment option. This includes, but is
not limited to, instructions for net premium
allocations, transfer instructions (including
instructions under any automatic transfer, portfolio
rebalancing and dollar cost averaging programs), and
partial withdrawal and monthly deduction instructions.
---------------------------------------------------------
The International Lazard Asset Management is the portfolio manager of the
Value Portfolio has International Value portfolio.
a new portfolio
manager
---------------------------------------------------------
A portfolio manager Mercury Asset Management US has changed its name to
has changed its Mercury Advisors.
name
Supplement dated
<PAGE>
---------------------------------------------------------
An overview of M's Other expenses
Versatile Product:
Fees and expenses The table also shows the advisory fee and fund expenses
paid by the Pacific as an annual percentage of each portfolio's average
Select Fund: Other daily net assets for the year 2000, adjusted to reflect
expenses is reduced custody fees. To help limit fund expenses,
replaced effective July 1, 2000 we contractually agreed to waive
all or part of our investment advisory fees or
otherwise reimburse each portfolio for operating
expenses (including organizational expenses, but not
including advisory fees, additional costs associated
with foreign investing and extraordinary expenses) that
exceed an annual rate of 0.10% of its average daily net
assets. Such waiver or reimbursement is subject to
repayment to us to the extent such expenses fall below
the 0.10% expense cap. For each portfolio, our right to
repayment is limited to amounts waived and/or
reimbursed that exceed the new 0.10% expense cap and,
except for portfolios that started on or after October
2, 2000, that do not exceed the previously established
0.25% expense cap. Any amounts repaid to us will have
the effect of increasing such expenses of the
portfolio, but not above the 0.10% expense cap. There
is no guarantee that we will continue to cap expenses
after December 31, 2001. In 2000, Pacific Life
reimbursed approximately $19,662 to the I-Net
Tollkeeper Portfolio, $12,631 to the Strategic Value
Portfolio, $4,849 to the Focused 30 Portfolio and
$15,042 to the Small-Cap Index Portfolio.
<TABLE>
<CAPTION> --------------------------------------------------------------------------
Less
Advisory Other Total adviser's Total net
Portfolio fee expenses expenses+ reimbursement expenses
--------------------------------------------------------------------------
As an annual % of average daily net assets
<S> <C> <C> <C> <C> <C>
Blue Chip/1/ 0.95 0.06 1.01 -- 1.01
Aggressive
Growth/1/ 1.00 0.06 1.06 -- 1.06
Aggressive Equity 0.80 0.04 0.84 -- 0.84
Emerging
Markets/2/ 1.10 0.20 1.30 -- 1.30
Diversified
Research 0.90 0.09 0.99 -- 0.99
Small-Cap
Equity/2/ 0.65 0.05 0.70 -- 0.70
International
Large-Cap/2/ 1.05 0.14 1.19 -- 1.19
Equity 0.65 0.04 0.69 -- 0.69
I-Net
Tollkeeper/2/ 1.50 0.13 1.63 (0.02) 1.61
Financial
Services/1/ 1.10 0.15 1.25 (0.05) 1.20
Health Sciences/1/ 1.10 0.11 1.21 (0.01) 1.20
Technology/1/ 1.10 0.08 1.18 -- 1.18
Telecommunications/1/ 1.10 0.08 1.18 -- 1.18
Multi-Strategy 0.65 0.04 0.69 -- 0.69
Equity Income 0.65 0.04 0.69 -- 0.69
Strategic Value 0.95 0.54 1.49 (0.44) 1.05
Growth LT 0.75 0.04 0.79 -- 0.79
Focused 30 0.95 0.44 1.39 (0.34) 1.05
Mid-Cap Value 0.85 0.04 0.89 -- 0.89
International Value 0.85 0.11 0.96 -- 0.96
Capital
Opportunities/1/ 0.80 0.06 0.86 -- 0.86
Mid-Cap Growth/1/ 0.90 0.06 0.96 -- 0.96
Global Growth/1/ 1.10 0.19 1.29 -- 1.29
Equity Index/2/ 0.25 0.04 0.29 -- 0.29
Small-Cap Index/2/ 0.50 0.13 0.63 (0.02) 0.61
REIT 1.10 0.05 1.15 -- 1.15
Government
Securities/2/ 0.60 0.05 0.65 -- 0.65
Managed Bond/2/ 0.60 0.05 0.65 -- 0.65
Money Market/2/ 0.34 0.04 0.38 -- 0.38
High Yield Bond/2/ 0.60 0.04 0.64 -- 0.64
Large-Cap Value 0.85 0.05 0.90 -- 0.90
--------------------------------------------------------------------------
</TABLE>
/1/ Expenses are estimated. There were no actual
advisory fees or expenses for these portfolios in
2000 because the portfolios started after December
31, 2000.
/2/ Total adjusted net expenses for these portfolios,
after deduction of an offset for custodian credits
were: 1.29% for Emerging Markets Portfolio, 0.69%
for Small-Cap Equity Portfolio, 1.18% for
International Large-Cap Portfolio, 1.60% for I-Net
Tollkeeper Portfolio, 0.28% for Equity Index
Portfolio, 0.60% for Small-Cap Index Portfolio,
0.62% for Government Securities Portfolio, 0.64%
for Managed Bond Portfolio, 0.37% for Money Market
Portfolio, and 0.63% for High Yield Bond Portfolio.
+ The fund has adopted a brokerage enhancement 12b-1
plan, under which brokerage transactions may be
placed with broker-dealers in return for credits,
cash, or other compensation that may be used to
help promote distribution of fund shares. There are
no fees or charges to any portfolio under this
plan, although the fund's distributor may defray
expenses of up to approximately $850,000 for the
year 2000, which it might otherwise incur for
distribution. If such defrayed amount were
considered a fund expense, it would represent
approximately .0067% or less of any portfolio's
average daily net assets.
2
<PAGE>
---------------------------------------------------------
Your investment The chart in Your investment options: Variable
options is amended investment options is amended to add the following:
<TABLE>
<CAPTION>
THE PORTFOLIO'S THE PORTFOLIO'S PORTFOLIO
PORTFOLIO INVESTMENT GOAL MAIN INVESTMENTS MANAGER
<S> <C> <C> <C>
Blue Chip Long-term growth of Equity securities of "blue chip" A I M
capital. Current companies--typically large companies
income is of that are well established in their
secondary importance. respective industries.
Aggressive Growth Long-term growth of Equity securities of small- and A I M
capital. medium-sized growth companies.
Financial Services Long-term growth of Equity securities in the financial INVESCO
capital. services sector. Such companies
include banks, insurance companies,
brokerage firms and other finance-
related firms.
Health Sciences Long-term growth of Equity securities in the health INVESCO
capital. sciences sector. Such as companies
that develop, produce or distribute
products or services related to
health care.
Technology Long-term growth of Equity securities in the technology INVESCO
capital. sector. Such companies include
biotechnology, communications,
computers, electronics, Internet
telecommunications, networking,
robotics and video.
Telecommunications High total return. Equity securities in the INVESCO
telecommunications sector. Such as
companies that offer telephone
service, wireless communications,
satellite communications, television
and movie programming, broadcasting
and Internet access.
Strategic Value Long-term growth of Equity securities with the potential Janus Capital
capital. for long-term growth of capital. Corporation
Focused 30 Long-term growth of Equity securities selected for their Janus Capital
capital. growth potential. Corporation
Capital Long-term growth of Equity securities with the potential MFS
Opportunities capital. for long-term growth of capital.
Mid-Cap Growth Long-term growth of Equity securities of medium-sized MFS
capital. companies believed to have above-
average growth potential.
Global Growth Capital appreciation. Equity securities of any size MFS
located within and outside of the
U.S.
</TABLE>
3
<PAGE>
---------------------------------------------------------
Telephone You may enroll in or give instructions regarding the
transactions is dollar cost averaging or portfolio rebalancing program
changed to by telephone if we have your completed telephone
Telephone and authorization on file.
electronic
transactions
In early 2001, certain registered representatives will
be able to give us instructions electronically if
We expect to make authorized by you. You may appoint your registered
the electronic representative to give us instructions on your behalf
transaction feature by completing and filing an updated telephone and
available in early electronic authorization with us.
2001. Please ask
your registered
representative for Transactions made electronically will be subject to the
more information. same procedures, restrictions and risks as those made
by telephone. Sometimes your electronic transactions
will not be able to reach us. For example, our website
may be busy because of unusual market activity or a
significant economic or market change, or telephone
lines or the Internet are out of service due to severe
weather conditions or other emergencies.
---------------------------------------------------------
The death benefit: In New Jersey, the Accounting benefit rider is known as
Optional riders is the Term insurance rider.
amended
4
<PAGE>
PACIFIC SELECT EXEC SEPARATE ACCOUNT
PART II. ADDITIONAL INFORMATION NOT REQUIRED IN PROSPECTUS
Contents of Registration Statement
This Registration Statement on Form S-6 comprises the following papers and
documents:
The facing sheet.
The cross-reference sheet.
The Prospectus consisting of 111 pages.
Supplement dated October 2, 2000 to prospectus dated May 1, 2000 consisting of 2
pages.
Supplement dated _________________ to prospectus dated May 1, 2000 consisting of
4 pages
The undertaking to file reports.
Representation pursuant to Section 26(e) of the Investment Company Act of 1940.
The Signatures.
Written consent of the following person (included in the exhibits shown below):
Deloitte & Touche, LLP, Independent Auditors
Dechert Price & Rhoads, Outside Counsel
The following exhibits:
1. (1) (a) Resolution of the Board of Directors of the Depositor dated
November 22, 1989 and copies of the Memoranda concerning Pacific
Select Exec Separate Account dated May 12, 1988 and January 26,
1993. /1/
(b) Resolution of the Board of Directors of Pacific Life Insurance
Company authorizing conformity to the terms of the current
Bylaws. /1/
(2) Inapplicable
(3) (a) Distribution Agreement Between Pacific Life Insurance Company and
Pacific Mutual Distributors, Inc. (formerly known as Pacific Equities
Network) /1/
(b) Form of Selling Agreement Between Pacific Mutual Distributors, Inc.
and Various Broker-Dealers /2/
(4) Inapplicable
(5) (a) Flexible Premium Variable Life Insurance Policy /1/
(b) Annual Renewable Term Rider (form R98-ART) /1/
(c) Accounting Benefit Rider (form R98-ABR) /1/
(d) Accelerated Living Benefit Rider (form R92-ABR) /1/
(e) Spouse Term Rider (form R98-SPT) /1/
(f) Children's Term Rider (form R84-CT) /1/
(g) Waiver of Charges (form R98-WC) /2/
(h) Accidental Death Benefit (form R84-AD) /1/
(i) Guaranteed Insurability Rider (form R84-GI) /1/
(j) Disability Benefit Rider (form R84-DB) /1/
(k) M&E Risk Charge Endorsement /4/
(6) (a) Bylaws of Pacific Life Insurance Company /1/
(b) Articles of Incorporation of Pacific Life Insurance Company /1/
<PAGE>
(7) Inapplicable
(8) Inapplicable
(9) (a) Participation Agreement between Pacific Life Insurance Company and
Pacific Select Fund /4/
(b) M Fund, Inc. Participation Agreement with Pacific Life Insurance
Company /4/
(10) Application for Flexible Premium Variable Life Insurance Policy &
General Questionnaire /1/
2. Form of Opinion and consent of legal officer of Pacific Life as to
legality of Policies being registered /1/
3. Inapplicable
4. Inapplicable
5. Inapplicable
6. (a) Consent of Deloitte & Touche LLP /5/
(b) Consent of Dechert Price & Rhoads /1/
7. (a) Opinion of Actuary
(b) Form of Illustration of Policy Benefits
8. Memorandum Describing Issuance, Transfer and Redemption Procedures /1/
9. Power of Attorney /4/
10. Inapplicable
11. Inapplicable
12. Inapplicable
13. Inapplicable
14. Inapplicable
15. Inapplicable
16. Inapplicable
17. Inapplicable
/1/ Filed as part of Registration Statement on Form S-6 via EDGAR on August 10,
1998, File No. 333-61135, Accession Number 0001017062-98-001706.
/2/ Filed as part of Pre-Effective Amendment No. 1 to the Registration Statement
on Form S-6 via EDGAR on November 19, 1999, File No. 333-61135, Accession
Number 0001017062-98-002349.
/3/ Filed as part of Post-Effective Amendment No. 1 to the Registration
Statement on Form S-6 via EDGAR on April 27, 1999, File No. 333-61135,
Accession Number 0001017062-99-000722.
/4/ Filed as part of Post-Effective Amendment No. 2 to the Registration
Statement on Form S-6 via EDGAR on February 29, 2000, File No. 333-61135,
Accession Number 0001017062-00-000579.
/5/ Filed as part of Post-Effective Amendment No. 4 to the Registration
Statement on Form S-6 via EDGAR on May 1, 2000, File No. 333-61135,
Accession Number 0001017062-00-001027.
<PAGE>
UNDERTAKING TO FILE REPORTS
Subject to the terms and conditions of Section 15(d) of the Securities
Exchange Act of 1934, the undersigned Registrant hereby undertakes to file with
the Securities and Exchange Commission such supplementary and periodic
information, documents and reports as maybe prescribed by any rule or
regulation of the Commission heretofore or hereafter duly adopted pursuant to
authority conferred in that section.
REPRESENTATION PURSUANT TO SECTION 26(e) OF THE INVESTMENT COMPANY ACT OF 1940
Pacific Life Insurance Company and Registrant represent that the fees and
charges to be deducted under the variable Life Insurance Policy ("Policy")
described in the prospectus contained in this registration statement are, in the
aggregate, reasonable in relation to the services rendered, the expenses to be
incurred, and the risks assumed in connection with the Policy.
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, the Registrant,
Pacific Select Exec Separate Account of Pacific Life Insurance Company certfies
that it meets all of the requirements for effectiveness of this Registration
Statement pursuant to Rule 485(b) under the Securities Act of 1933 and has duly
caused this Post-Effective Amendment No. 7 to the Registration Statement on Form
S-6 to be signed on its behalf by the undersigned thereunto duly authorized in
the City of Newport Beach, and State of California, on this 30th day of
November, 2000.
PACIFIC SELECT EXEC SEPARATE ACCOUNT
(Registrant)
BY: PACIFIC LIFE INSURANCE COMPANY
(Depositor)
BY: _________________________________
Thomas C. Sutton*
Chief Executive Officer
*BY: /s/ DAVID R. CARMICHAEL
David R. Carmichael
as attorney-in-fact
(Power of Attorney is contained as Exhibit 9 in Post-Effective Amendment
No. 2 to the Registration Statement on Form S-6 for the Pacific Select Exec
Separate Account, File No. 333-61135, Accession Number 0001017062-00-000579,
and incorporated by reference herein.
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, Pacific Life
Insurance Company certfies that it meets all of the requirements for
effectiveness of this Registration Statement pursuant to Rule 485(b) under the
Securities Act of 1933 and has duly caused this Post-Effective Amendment No. 7
to the Registration Statement to be signed on its behalf by the undersigned
thereunto duly authorized all in the City of Newport Beach, and State of
California, on this 30th day of November, 2000.
BY: PACIFIC LIFE INSURANCE COMPANY
(Registrant)
BY: _________________________________
Thomas C. Sutton*
Chief Executive Officer
*BY: /s/ DAVID R. CARMICHAEL
David R. Carmichael
as attorney-in-fact
(Power of Attorney is contained as Exhibit 9 in Post-Effective Amendment
No. 2 to the Registration Statement on Form S-6 for the Pacific Select Exec
Separate Account, File No. 333-61135, Accession Number 0001017062-00-000579,
and incorporated by reference herein.
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, this Post-Effective
Amendment No. 7 to the Registration Statement has been signed below by the
following persons in the capacities and on the dates indicated:
<TABLE>
<CAPTION>
<C> <S> <C>
Signature Title Date
____________________ Director, Chairman of the Board __________ , 2000
Thomas C. Sutton* and Chief Executive Officer
____________________ Director and President __________ , 2000
Glenn S. Schafer*
____________________ Director, Senior Vice President and __________ , 2000
Khanh T. Tran* Chief Financial Officer
____________________ Director, Senior Vice President and __________ , 2000
David R. Carmichael* General Counsel
____________________ Director, Vice President and __________ , 2000
Audrey L. Milfs* Corporate Secretary
____________________ Vice President and Controller __________ , 2000
Edward R. Byrd*
____________________ Vice President and Treasurer __________ , 2000
Brian D. Klemens*
____________________ Executive Vice President __________ , 2000
Lynn C. Miller*
*BY: /s/ DAVID R. CARMICHAEL November 30, 2000
David R. Carmichael
as attorney-in-fact
</TABLE>
(Powers of Attorney are contained as Exhibit 9 in Post-Effective Amendment No. 2
to the Registration Statement on Form S-6 of Pacific Select Exec Separate
Account, File No. 333-61135, Accession Number 0001017062-00-000579, and
incorporated by reference herein.
