<TABLE>
<CAPTION>
FRANKLIN VALUEMARK IV
Preferred Life Variable Account C
Cumulative and Average Annual Total Return Calculations
Original Purchase as of September 30, 1999
Valuation Date as of September 30, 2000
Dollar Units This Accum. Accum.
Date Transaction Amount Unit Value Trans. Units Value
Capital Growth
<S> <C> <C> <C> <C> <C> <C>
9-30-99 Purchase $1,000.00 $16.46609903 60.731 60.731 $1,000.00
9-30-00 Contract Fee (1.00) $23.32945712 (0.043) 60.688 1,415.82
9-30-00 Value before Surr Chg $23.32945712 0.000 60.688 1,415.82
9-30-00 Surrender Charge (60.00) $23.32945712 (2.572) 58.116 1,355.82
Cumulative and Average Annual Total Returns
without/with charges 41.68% A 35.58% B
Growth and Income
9-30-99 Purchase $1,000.00 $25.71098446 38.894 38.894 $1,000.00
9-30-00 Contract Fee (1.00) $28.47494152 (0.035) 38.859 1,106.50
9-30-00 Value before Surr Chg $28.47494152 0.000 38.859 1,106.50
9-30-00 Surrender Charge (60.00) $28.47494152 (2.107) 36.752 1,046.50
Cumulative and Average Annual Total Returns
without/with charges 10.75% A 4.65% B
High Income
9-30-99 Purchase $1,000.00 $20.57571924 48.601 48.601 $1,000.00
9-30-00 Contract Fee (1.00) $19.61842037 (0.051) 48.550 952.47
9-30-00 Value before Surr Chg $19.61842037 0.000 48.550 952.47
9-30-00 Surrender Charge (60.00) $19.61842037 (3.058) 45.492 892.47
Cumulative and Average Annual Total Returns
without/with charges -4.65% A -10.75% B
Income Securities
9-30-99 Purchase $1,000.00 $24.60292945 40.646 40.646 $1,000.00
9-30-00 Contract Fee (1.00) $27.66683921 (0.036) 40.609 1,123.53
9-30-00 Value before Surr Chg $27.66683921 0.000 40.609 1,123.53
9-30-00 Surrender Charge (60.00) $27.66683921 (2.169) 38.441 1,063.53
Cumulative and Average Annual Total Returns
without/with charges 12.45% A 6.35% B
Money Market
9-30-99 Purchase $1,000.00 $14.58444382 68.566 68.566 $1,000.00
9-30-00 Contract Fee (1.00) $15.18751294 (0.066) 68.500 1,040.35
9-30-00 Value before Surr Chg $15.18751294 0.000 68.500 1,040.35
9-30-00 Surrender Charge (60.00) $15.18751294 (3.951) 64.550 980.35
Cumulative and Average Annual Total Returns
without/with charges 4.14% A -1.96% B
Mutual Discovery Securities
9-30-99 Purchase $1,000.00 $11.97520444 83.506 83.506 $1,000.00
9-30-00 Contract Fee (1.00) $14.66570689 (0.068) 83.438 1,223.67
9-30-00 Value before Surr Chg $14.66570689 0.000 83.438 1,223.67
9-30-00 Surrender Charge (60.00) $14.66570689 (4.091) 79.347 1,163.67
Cumulative and Average Annual Total Returns
without/with charges 22.47% A 16.37% B
Mutual Shares Securities
9-30-99 Purchase $1,000.00 $12.23769203 81.715 81.715 $1,000.00
9-30-00 Contract Fee (1.00) $14.07024968 (0.071) 81.644 1,148.75
9-30-00 Value before Surr Chg $14.07024968 0.000 81.644 1,148.75
9-30-00 Surrender Charge (60.00) $14.07024968 (4.264) 77.379 1,088.75
Cumulative and Average Annual Total Returns
without/with charges 14.97% A 8.87% B
Natural Resources Securities
9-30-99 Purchase $1,000.00 $10.96382418 91.209 91.209 $1,000.00
9-30-00 Contract Fee (1.00) $13.86356837 (0.072) 91.137 1,263.48
9-30-00 Value before Surr Chg $13.86356837 0.000 91.137 1,263.48
9-30-00 Surrender Charge (60.00) $13.86356837 (4.328) 86.809 1,203.48
Cumulative and Average Annual Total Returns
without/with charges 26.45% A 20.35% B
Real Estate Securities
9-30-99 Purchase $1,000.00 $21.42708908 46.670 46.670 $1,000.00
9-30-00 Contract Fee (1.00) $26.58719983 (0.038) 46.632 1,239.82
9-30-00 Value before Surr Chg $26.58719983 0.000 46.632 1,239.82
9-30-00 Surrender Charge (60.00) $26.58719983 (2.257) 44.376 1,179.82
Cumulative and Average Annual Total Returns
without/with charges 24.08% A 17.98% B
Rising Dividends
9-30-99 Purchase $1,000.00 $19.01737975 52.583 52.583 $1,000.00
9-30-00 Contract Fee (1.00) $19.52251708 (0.051) 52.532 1,025.56
9-30-00 Value before Surr Chg $19.52251708 0.000 52.532 1,025.56
9-30-00 Surrender Charge (60.00) $19.52251708 (3.073) 49.459 965.56
Cumulative and Average Annual Total Returns
without/with charges 2.66% A -3.44% B
Small Cap
9-30-99 Purchase $1,000.00 $17.61107699 56.782 56.782 $1,000.00
9-30-00 Contract Fee (1.00) $29.96243834 (0.033) 56.749 1,700.34
9-30-00 Value before Surr Chg $29.96243834 0.000 56.749 1,700.34
9-30-00 Surrender Charge (60.00) $29.96243834 (2.003) 54.747 1,640.34
Cumulative and Average Annual Total Returns
without/with charges 70.13% A 64.03% B
Templeton Developing Markets Equity
9-30-99 Purchase $1,000.00 $9.59456054 104.226 104.226 $1,000.00
9-30-00 Contract Fee (1.00) $9.14482311 (0.109) 104.116 952.13
9-30-00 Value before Surr Chg $9.14482311 0.000 104.116 952.13
9-30-00 Surrender Charge (60.00) $9.14482311 (6.561) 97.555 892.13
Cumulative and Average Annual Total Returns
without/with charges -4.69% A -10.79% B
Templeton Global Asset Allocation
9-30-99 Purchase $1,000.00 $13.46731580 74.254 74.254 $1,000.00
9-30-00 Contract Fee (1.00) $13.75747172 (0.073) 74.181 1,020.55
9-30-00 Value before Surr Chg $13.75747172 0.000 74.181 1,020.55
9-30-00 Surrender Charge (60.00) $13.75747172 (4.361) 69.820 960.55
Cumulative and Average Annual Total Returns
without/with charges 2.15% A -3.95% B
Templeton Global Growth
9-30-99 Purchase $1,000.00 $17.38520578 57.520 57.520 $1,000.00
9-30-00 Contract Fee (1.00) $18.43437517 (0.054) 57.466 1,059.35
9-30-00 Value before Surr Chg $18.43437517 0.000 57.466 1,059.35
9-30-00 Surrender Charge (60.00) $18.43437517 (3.255) 54.211 999.35
Cumulative and Average Annual Total Returns
without/with charges 6.03% A -0.07% B
Templeton Global Income Securities
9-30-99 Purchase $1,000.00 $16.66602734 60.002 60.002 $1,000.00
9-30-00 Contract Fee (1.00) $15.88674725 (0.063) 59.939 952.24
9-30-00 Value before Surr Chg $15.88674725 0.000 59.939 952.24
9-30-00 Surrender Charge (60.00) $15.88674725 (3.777) 56.163 892.24
Cumulative and Average Annual Total Returns
without/with charges -4.68% A -10.78% B
Templeton International Equity
9-30-99 Purchase $1,000.00 $19.72936414 50.686 50.686 $1,000.00
9-30-00 Contract Fee (1.00) $21.13785306 (0.047) 50.639 1,070.39
9-30-00 Value before Surr Chg $21.13785306 0.000 50.639 1,070.39
9-30-00 Surrender Charge (60.00) $21.13785306 (2.839) 47.800 1,010.39
Cumulative and Average Annual Total Returns
without/with charges 7.14% A 1.04% B
Templeton International Smaller Companies
9-30-99 Purchase $1,000.00 $10.79488173 92.636 92.636 $1,000.00
9-30-00 Contract Fee (1.00) $11.38881135 (0.088) 92.549 1,054.02
9-30-00 Value before Surr Chg $11.38881135 0.000 92.549 1,054.02
9-30-00 Surrender Charge (60.00) $11.38881135 (5.268) 87.280 994.02
Cumulative and Average Annual Total Returns
without/with charges 5.50% A -0.60% B
Templeton Pacific Growth
9-30-99 Purchase $1,000.00 $9.87393610 101.277 101.277 $1,000.00
9-30-00 Contract Fee (1.00) $8.56106770 (0.117) 101.160 866.04
9-30-00 Value before Surr Chg $8.56106770 0.000 101.160 866.04
9-30-00 Surrender Charge (60.00) $8.56106770 (7.008) 94.151 806.04
Cumulative and Average Annual Total Returns
without/with charges -13.30% A -19.40% B
U.S. Government Securities
9-30-99 Purchase $1,000.00 $18.50224006 54.048 54.048 $1,000.00
9-30-00 Contract Fee (1.00) $19.47391567 (0.051) 53.996 1,051.52
9-30-00 Value before Surr Chg $19.47391567 0.000 53.996 1,051.52
9-30-00 Surrender Charge (60.00) $19.47391567 (3.081) 50.915 991.52
Cumulative and Average Annual Total Returns
without/with charges 5.25% A -0.85% B
Franklin Global Communications Securities
9-30-99 Purchase $1,000.00 $29.46588298 33.938 33.938 $1,000.00
9-30-00 Contract Fee (1.00) $33.19476956 (0.030) 33.907 1,125.55
9-30-00 Value before Surr Chg $33.19476956 0.000 33.907 1,125.55
9-30-00 Surrender Charge (60.00) $33.19476956 (1.808) 32.100 1,065.55
Cumulative and Average Annual Total Returns
without/with charges 12.65% A 6.55% B
Zero Coupon - 2000
9-30-99 Purchase $1,000.00 $20.69896469 48.312 48.312 $1,000.00
9-30-00 Contract Fee (1.00) $21.46875467 (0.047) 48.265 1,036.19
9-30-00 Value before Surr Chg $21.46875467 0.000 48.265 1,036.19
9-30-00 Surrender Charge (60.00) $21.46875467 (2.795) 45.470 976.19
Cumulative and Average Annual Total Returns
without/with charges 3.72% A -2.38% B
Zero Coupon - 2005
9-30-99 Purchase $1,000.00 $23.37819079 42.775 42.775 $1,000.00
9-30-00 Contract Fee (1.00) $24.24634152 (0.041) 42.734 1,036.14
9-30-00 Value before Surr Chg $24.24634152 0.000 42.734 1,036.14
9-30-00 Surrender Charge (60.00) $24.24634152 (2.475) 40.259 976.14
Cumulative and Average Annual Total Returns
without/with charges 3.71% A -2.39% B
Zero Coupon - 2010
9-30-99 Purchase $1,000.00 $24.83499584 40.266 40.266 $1,000.00
9-30-00 Contract Fee (1.00) $25.77747546 (0.039) 40.227 1,036.95
9-30-00 Value before Surr Chg $25.77747546 0.000 40.227 1,036.95
9-30-00 Surrender Charge (60.00) $25.77747546 (2.328) 37.899 976.95
Cumulative and Average Annual Total Returns
without/with charges 3.79% A -2.31% B
Global Health Care Securities
9-30-99 Purchase $1,000.00 $8.05707460 124.115 124.115 $1,000.00
9-30-00 Contract Fee (1.00) $16.65597112 (0.060) 124.054 2,066.25
9-30-00 Value before Surr Chg $16.65597112 0.000 124.054 2,066.25
9-30-00 Surrender Charge (60.00) $16.65597112 (3.602) 120.452 2,006.25
Cumulative and Average Annual Total Returns
without/with charges 106.72% A 100.62% B
Value Securities
9-30-99 Purchase $1,000.00 $7.40971481 134.958 134.958 $1,000.00
9-30-00 Contract Fee (1.00) $8.79940943 (0.114) 134.844 1,186.55
9-30-00 Value before Surr Chg $8.79940943 0.000 134.844 1,186.55
9-30-00 Surrender Charge (60.00) $8.79940943 (6.819) 128.026 1,126.55
Cumulative and Average Annual Total Returns
without/with charges 18.76% A 12.66% B
<FN>
A = (Unit Value as of September 30, 2000 - Unit Value at Purchase)/Unit Value at
Purchase B = (Accumulated Value as of September 30, 2000 - Accum. Value at
Purch.)/Accum. Value at Purch.
</FN>
</TABLE>
<TABLE>
<CAPTION>
FRANKLIN VALUEMARK IV
Preferred Life Variable Account C
Cumulative and Average Annual Total Return Calculations
Original Purchase as of September 30, 1997
Valuation Date as of September 30, 2000
Dollar Units This Accum. Accum.
Date Transaction Amount Unit Value Trans. Units Value
Capital Growth
<S> <C> <C> <C> <C> <C> <C>
9-30-97 Purchase $1,000.00 $13.45346367 74.330 74.330 $1,000.00
9-30-98 Contract Fee (1.00) $13.02515198 (0.077) 74.254 967.16
9-30-99 Contract Fee (1.00) $16.46609903 (0.061) 74.193 1,221.67
9-30-00 Contract Fee (1.00) $23.32945712 (0.043) 74.150 1,729.88
9-30-00 Value before Surr Chg $23.32945712 0.000 74.150 1,729.88
9-30-00 Surrender Charge (51.00) $23.32945712 (2.186) 71.964 1,678.88
Cumulative Total Returns without/with chrgs. 73.41% 67.89%
Avg. Annual Total Returns without/with chrgs. 20.14% 18.85%
Growth and Income
9-30-97 Purchase $1,000.00 $23.53812957 42.484 42.484 $1,000.00
9-30-98 Contract Fee (1.00) $23.91218903 (0.042) 42.442 1,014.89
9-30-99 Contract Fee (1.00) $25.71098446 (0.039) 42.404 1,090.24
9-30-00 Contract Fee (1.00) $28.47494152 (0.035) 42.368 1,206.44
9-30-00 Value before Surr Chg $28.47494152 0.000 42.368 1,206.44
9-30-00 Surrender Charge (51.00) $28.47494152 (1.791) 40.577 1,155.44
Cumulative Total Returns without/with chrgs. 20.97% A 15.54% C
Avg. Annual Total Returns without/with chrgs. 6.55% B 4.93% D
High Income
9-30-97 Purchase $1,000.00 $20.92685563 47.785 47.785 $1,000.00
9-30-98 Contract Fee (1.00) $20.36785811 (0.049) 47.736 972.29
9-30-99 Contract Fee (1.00) $20.57571924 (0.049) 47.688 981.21
9-30-00 Contract Fee (1.00) $19.61842037 (0.051) 47.637 934.56
9-30-00 Value before Surr Chg $19.61842037 0.000 47.637 934.56
9-30-00 Surrender Charge (51.00) $19.61842037 (2.600) 45.037 883.56
Cumulative Total Returns without/with chrgs. -6.25% A -11.64% C
Avg. Annual Total Returns without/with chrgs. -2.13% B -4.04% D
Income Securities
9-30-97 Purchase $1,000.00 $23.91118197 41.821 41.821 $1,000.00
9-30-98 Contract Fee (1.00) $24.34174326 (0.041) 41.780 1,017.01
9-30-99 Contract Fee (1.00) $24.60292945 (0.041) 41.740 1,026.92
9-30-00 Contract Fee (1.00) $27.66683921 (0.036) 41.704 1,153.81
9-30-00 Value before Surr Chg $27.66683921 0.000 41.704 1,153.81
9-30-00 Surrender Charge (51.00) $27.66683921 (1.843) 39.860 1,102.81
Cumulative Total Returns without/with chrgs. 15.71% A 10.28% C
Avg. Annual Total Returns without/with chrgs. 4.98% B 3.32% D
Money Market
9-30-97 Purchase $1,000.00 $13.62759343 73.381 73.381 $1,000.00
9-30-98 Contract Fee (1.00) $14.13788205 (0.071) 73.310 1,036.45
9-30-99 Contract Fee (1.00) $14.58444382 (0.069) 73.241 1,068.18
9-30-00 Contract Fee (1.00) $15.18751294 (0.066) 73.175 1,111.35
9-30-00 Value before Surr Chg $15.18751294 0.000 73.175 1,111.35
9-30-00 Surrender Charge (51.00) $15.18751294 (3.358) 69.817 1,060.35
Cumulative Total Returns without/with chrgs. 11.45% A 6.04% C
Avg. Annual Total Returns without/with chrgs. 3.68% B 1.97% D
Mutual Discovery Securities
9-30-97 Purchase $1,000.00 $12.19367265 82.010 82.010 $1,000.00
9-30-98 Contract Fee (1.00) $10.36021479 (0.097) 81.913 848.64
9-30-99 Contract Fee (1.00) $11.97520444 (0.084) 81.830 979.93
9-30-00 Contract Fee (1.00) $14.66570689 (0.068) 81.762 1,199.09
9-30-00 Value before Surr Chg $14.66570689 0.000 81.762 1,199.09
9-30-00 Surrender Charge (51.00) $14.66570689 (3.478) 78.284 1,148.09
Cumulative Total Returns without/with chrgs. 20.27% 14.81%
Avg. Annual Total Returns without/with chrgs. 6.35% 4.71%
Mutual Shares Securities
9-30-97 Purchase $1,000.00 $11.95666790 83.635 83.635 $1,000.00
9-30-98 Contract Fee (1.00) $10.50011143 (0.095) 83.540 877.18
9-30-99 Contract Fee (1.00) $12.23769203 (0.082) 83.458 1,021.34
9-30-00 Contract Fee (1.00) $14.07024968 (0.071) 83.387 1,173.28
9-30-00 Value before Surr Chg $14.07024968 0.000 83.387 1,173.28
9-30-00 Surrender Charge (51.00) $14.07024968 (3.625) 79.763 1,122.28
Cumulative Total Returns without/with chrgs. 17.68% 12.23%
Avg. Annual Total Returns without/with chrgs. 5.58% 3.92%
Natural Resources Securities
9-30-97 Purchase $1,000.00 $14.17269735 70.558 70.558 $1,000.00
9-30-98 Contract Fee (1.00) $8.49168426 (0.118) 70.440 598.16
9-30-99 Contract Fee (1.00) $10.96382418 (0.091) 70.349 771.30
9-30-00 Contract Fee (1.00) $13.86356837 (0.072) 70.277 974.29
9-30-00 Value before Surr Chg $13.86356837 0.000 70.277 974.29
9-30-00 Surrender Charge (51.00) $13.86356837 (3.679) 66.598 923.29
Cumulative Total Returns without/with chrgs. -2.18% A -7.67% C
Avg. Annual Total Returns without/with chrgs. -0.73% B -2.63% D
Real Estate Securities
9-30-97 Purchase $1,000.00 $28.14743239 35.527 35.527 $1,000.00
9-30-98 Contract Fee (1.00) $23.16015624 (0.043) 35.484 821.82
9-30-99 Contract Fee (1.00) $21.42708908 (0.047) 35.437 759.32
9-30-00 Contract Fee (1.00) $26.58719983 (0.038) 35.400 941.18
9-30-00 Value before Surr Chg $26.58719983 0.000 35.400 941.18
9-30-00 Surrender Charge (51.00) $26.58719983 (1.918) 33.482 890.18
Cumulative Total Returns without/with chrgs. -5.54% A -10.98% C
Avg. Annual Total Returns without/with chrgs. -1.88% B -3.80% D
Rising Dividends
9-30-97 Purchase $1,000.00 $19.60482052 51.008 51.008 $1,000.00
9-30-98 Contract Fee (1.00) $17.68566228 (0.057) 50.951 901.11
9-30-99 Contract Fee (1.00) $19.01737975 (0.053) 50.899 967.96
9-30-00 Contract Fee (1.00) $19.52251708 (0.051) 50.848 992.67
9-30-00 Value before Surr Chg $19.52251708 0.000 50.848 992.67
9-30-00 Surrender Charge (51.00) $19.52251708 (2.612) 48.235 941.67
Cumulative Total Returns without/with chrgs. -0.42% A -5.83% C
Avg. Annual Total Returns without/with chrgs. -0.14% B -1.98% D
Small Cap
9-30-97 Purchase $1,000.00 $16.24296562 61.565 61.565 $1,000.00
9-30-98 Contract Fee (1.00) $11.74775498 (0.085) 61.480 722.25
9-30-99 Contract Fee (1.00) $17.61107699 (0.057) 61.423 1,081.73
9-30-00 Contract Fee (1.00) $29.96243834 (0.033) 61.390 1,839.39
9-30-00 Value before Surr Chg $29.96243834 0.000 61.390 1,839.39
9-30-00 Surrender Charge (51.00) $29.96243834 (1.702) 59.688 1,788.39
Cumulative Total Returns without/with charges 84.46% 78.84%
Average Annual Total Returns without/with charges 22.64% 21.38%
Templeton Developing Markets Equity
9-30-97 Purchase $1,000.00 $13.50998521 74.019 74.019 $1,000.00
9-30-98 Contract Fee (1.00) $6.62401663 (0.151) 73.868 489.31
9-30-99 Contract Fee (1.00) $9.59456054 (0.104) 73.764 707.73
9-30-00 Contract Fee (1.00) $9.14482311 (0.109) 73.655 673.56
9-30-00 Value before Surr Chg $9.14482311 0.000 73.655 673.56
9-30-00 Surrender Charge (51.00) $9.14482311 (5.577) 68.078 622.56
Cumulative Total Returns without/with chrgs. -32.31% A -37.74% C
Avg. Annual Total Returns without/with chrgs. -12.20% B -14.61% D
Templeton Global Asset Allocation
9-30-97 Purchase $1,000.00 $14.85024822 67.339 67.339 $1,000.00
9-30-98 Contract Fee (1.00) $12.14578305 (0.082) 67.257 816.88
9-30-99 Contract Fee (1.00) $13.46731580 (0.074) 67.182 904.77
9-30-00 Contract Fee (1.00) $13.75747172 (0.073) 67.110 923.26
9-30-00 Value before Surr Chg $13.75747172 0.000 67.110 923.26
9-30-00 Surrender Charge (51.00) $13.75747172 (3.707) 63.403 872.26
Cumulative Total Returns without/with chrgs. -7.36% A -12.77% C
Avg. Annual Total Returns without/with chrgs. -2.52% B -4.45% D
Templeton Global Growth
9-30-97 Purchase $1,000.00 $16.27987781 61.426 61.426 $1,000.00
9-30-98 Contract Fee (1.00) $14.01499439 (0.071) 61.354 859.88
9-30-99 Contract Fee (1.00) $17.38520578 (0.058) 61.297 1,065.65
9-30-00 Contract Fee (1.00) $18.43437517 (0.054) 61.242 1,128.97
9-30-00 Value before Surr Chg $18.43437517 0.000 61.242 1,128.97
9-30-00 Surrender Charge (51.00) $18.43437517 (2.767) 58.476 1,077.97
Cumulative Total Returns without/with chrgs. 13.23% A 7.80% C
Avg. Annual Total Returns without/with chrgs. 4.23% B 2.53% D
Templeton Global Income Securities
9-30-97 Purchase $1,000.00 $16.91017354 59.136 59.136 $1,000.00
9-30-98 Contract Fee (1.00) $17.25884597 (0.058) 59.078 1,019.62
9-30-99 Contract Fee (1.00) $16.66602734 (0.060) 59.018 983.60
9-30-00 Contract Fee (1.00) $15.88674725 (0.063) 58.955 936.60
9-30-00 Value before Surr Chg $15.88674725 0.000 58.955 936.60
9-30-00 Surrender Charge (51.00) $15.88674725 (3.210) 55.745 885.60
Cumulative Total Returns without/with chrgs. -6.05% A -11.44% C
Avg. Annual Total Returns without/with chrgs. -2.06% B -3.97% D
Templeton International Equity
9-30-97 Purchase $1,000.00 $19.39474467 51.560 51.560 $1,000.00
9-30-98 Contract Fee (1.00) $16.42390977 (0.061) 51.499 845.82
9-30-99 Contract Fee (1.00) $19.72936414 (0.051) 51.449 1,015.05
9-30-00 Contract Fee (1.00) $21.13785306 (0.047) 51.401 1,086.52
9-30-00 Value before Surr Chg $21.13785306 0.000 51.401 1,086.52
9-30-00 Surrender Charge (51.00) $21.13785306 (2.413) 48.989 1,035.52
Cumulative Total Returns without/with chrgs. 8.99% A 3.55% C
Avg. Annual Total Returns without/with chrgs. 2.91% B 1.17% D
Templeton International Smaller Companies
9-30-97 Purchase $1,000.00 $12.30670489 81.257 81.257 $1,000.00
9-30-98 Contract Fee (1.00) $8.74519003 (0.114) 81.142 709.60
9-30-99 Contract Fee (1.00) $10.79488173 (0.093) 81.050 874.92
9-30-00 Contract Fee (1.00) $11.38881135 (0.088) 80.962 922.06
9-30-00 Value before Surr Chg $11.38881135 0.000 80.962 922.06
9-30-00 Surrender Charge (51.00) $11.38881135 (4.478) 76.484 871.06
Cumulative Total Returns without/with chrgs. -7.46% -12.89%
Avg. Annual Total Returns without/with chrgs. -2.55% -4.50%
Templeton Pacific Growth
9-30-97 Purchase $1,000.00 $13.20093712 75.752 75.752 $1,000.00
9-30-98 Contract Fee (1.00) $6.00900705 (0.166) 75.586 454.20
9-30-99 Contract Fee (1.00) $9.87393610 (0.101) 75.485 745.33
9-30-00 Contract Fee (1.00) $8.56106770 (0.117) 75.368 645.23
9-30-00 Value before Surr Chg $8.56106770 0.000 75.368 645.23
9-30-00 Surrender Charge (51.00) $8.56106770 (5.957) 69.410 594.23
Cumulative Total Returns without/with chrgs. -35.15% A -40.58% C
Avg. Annual Total Returns without/with chrgs. -13.44% B -15.93% D
U.S. Government Securities
9-30-97 Purchase $1,000.00 $17.44823084 57.312 57.312 $1,000.00
9-30-98 Contract Fee (1.00) $18.89032913 (0.053) 57.259 1,081.65
9-30-99 Contract Fee (1.00) $18.50224006 (0.054) 57.205 1,058.43
9-30-00 Contract Fee (1.00) $19.47391567 (0.051) 57.154 1,113.01
9-30-00 Value before Surr Chg $19.47391567 0.000 57.154 1,113.01
9-30-00 Surrender Charge (51.00) $19.47391567 (2.619) 54.535 1,062.01
Cumulative Total Returns without/with chrgs. 11.61% A 6.20% C
Avg. Annual Total Returns without/with chrgs. 3.73% B 2.03% D
Franklin Global Communications Securities
9-30-97 Purchase $1,000.00 $22.68155772 44.089 44.089 $1,000.00
9-30-98 Contract Fee (1.00) $25.77436253 (0.039) 44.050 1,135.36
9-30-99 Contract Fee (1.00) $29.46588298 (0.034) 44.016 1,296.97
9-30-00 Contract Fee (1.00) $33.19476956 (0.030) 43.986 1,460.10
9-30-00 Value before Surr Chg $33.19476956 0.000 43.986 1,460.10
9-30-00 Surrender Charge (51.00) $33.19476956 (1.536) 42.449 1,409.10
Cumulative Total Returns without/with chrgs. 46.35% A 40.91% C
Avg. Annual Total Returns without/with chrgs. 13.54% B 12.11% D
Zero Coupon - 2000
9-30-97 Purchase $1,000.00 $19.05832886 52.470 52.470 $1,000.00
9-30-98 Contract Fee (1.00) $20.48183917 (0.049) 52.422 1,073.69
9-30-99 Contract Fee (1.00) $20.69896469 (0.048) 52.373 1,084.07
9-30-00 Contract Fee (1.00) $21.46875467 (0.047) 52.327 1,123.39
9-30-00 Value before Surr Chg $21.46875467 0.000 52.327 1,123.39
9-30-00 Surrender Charge (51.00) $21.46875467 (2.376) 49.951 1,072.39
Cumulative Total Returns without/with chrgs. 12.65% A 7.24% C
Avg. Annual Total Returns without/with chrgs. 4.05% B 2.36% D
Zero Coupon - 2005
9-30-97 Purchase $1,000.00 $21.55895858 46.384 46.384 $1,000.00
9-30-98 Contract Fee (1.00) $25.03338881 (0.040) 46.344 1,160.16
9-30-99 Contract Fee (1.00) $23.37819079 (0.043) 46.302 1,082.45
9-30-00 Contract Fee (1.00) $24.24634152 (0.041) 46.260 1,121.65
9-30-00 Value before Surr Chg $24.24634152 0.000 46.260 1,121.65
9-30-00 Surrender Charge (51.00) $24.24634152 (2.103) 44.157 1,070.65
Cumulative Total Returns without/with chrgs. 12.47% A 7.06% C
Avg. Annual Total Returns without/with chrgs. 3.99% B 2.30% D
Zero Coupon - 2010
9-30-97 Purchase $1,000.00 $23.04699085 43.390 43.390 $1,000.00
9-30-98 Contract Fee (1.00) $28.41979951 (0.035) 43.354 1,232.12
9-30-99 Contract Fee (1.00) $24.83499584 (0.040) 43.314 1,075.71
9-30-00 Contract Fee (1.00) $25.77747546 (0.039) 43.275 1,115.53
9-30-00 Value before Surr Chg $25.77747546 0.000 43.275 1,115.53
9-30-00 Surrender Charge (51.00) $25.77747546 (1.978) 41.297 1,064.53
Cumulative Total Returns without/with chrgs. 11.85% A 6.45% C
Avg. Annual Total Returns without/with chrgs. 3.80% B 2.11% D
<FN>
A = (Unit Value as of September 30, 2000 - Unit Value at Purchase)/Unit Value at
Purchase B = [(A+1)^(1/3 Years)]-1 C = (Accumulated Value as of September 30,
2000 - Accum. Value at Purch.)/Accum. Value at Purch.
</FN>
</TABLE>
<TABLE>
<CAPTION>
FRANKLIN VALUEMARK IV
Preferred Life Variable Account C
Cumulative and Average Annual Total Return Calculations
Original Purchase as of September 30, 1995
Valuation Date as of September 30, 2000
Dollar Units This Accum. Accum.
Date Transaction Amount Unit Value Trans. Units Value
Growth and Income
<S> <C> <C> <C> <C> <C> <C>
9-30-95 Purchase $1,000.00 $16.06727515 62.238 62.238 $1,000.00
9-30-96 Contract Fee (1.00) $17.99590776 (0.056) 62.183 1,119.03
9-30-97 Contract Fee (1.00) $23.53812957 (0.042) 62.140 1,462.67
9-30-98 Contract Fee (1.00) $23.91218903 (0.042) 62.098 1,484.91
9-30-99 Contract Fee (1.00) $25.71098446 (0.039) 62.060 1,595.61
9-30-00 Contract Fee (1.00) $28.47494152 (0.035) 62.024 1,766.14
9-30-00 Value before Surr Chg $28.47494152 0.000 62.024 1,766.14
9-30-00 Surrender Charge (34.00) $28.47494152 (1.194) 60.830 1,732.14
Cumulative Total Returns without/with chrgs. 77.22% A 73.21% C
Avg. Annual Total Returns without/with chrgs. 12.13% B 11.61% D
High Income
9-30-95 Purchase $1,000.00 $16.74221226 59.729 59.729 $1,000.00
9-30-96 Contract Fee (1.00) $18.51829760 (0.054) 59.675 1,105.08
9-30-97 Contract Fee (1.00) $20.92685563 (0.048) 59.627 1,247.82
9-30-98 Contract Fee (1.00) $20.36785811 (0.049) 59.578 1,213.48
9-30-99 Contract Fee (1.00) $20.57571924 (0.049) 59.530 1,224.87
9-30-00 Contract Fee (1.00) $19.61842037 (0.051) 59.479 1,166.88
9-30-00 Value before Surr Chg $19.61842037 0.000 59.479 1,166.88
9-30-00 Surrender Charge (34.00) $19.61842037 (1.733) 57.746 1,132.88
Cumulative Total Returns without/with chrgs. 17.18% A 13.29% C
Avg. Annual Total Returns without/with chrgs. 3.22% B 2.53% D
Income Securities
9-30-95 Purchase $1,000.00 $18.92064395 52.852 52.852 $1,000.00
9-30-96 Contract Fee (1.00) $20.56625705 (0.049) 52.804 1,085.97
9-30-97 Contract Fee (1.00) $23.91118197 (0.042) 52.762 1,261.60
9-30-98 Contract Fee (1.00) $24.34174326 (0.041) 52.721 1,283.32
9-30-99 Contract Fee (1.00) $24.60292945 (0.041) 52.680 1,296.09
9-30-00 Contract Fee (1.00) $27.66683921 (0.036) 52.644 1,456.49
9-30-00 Value before Surr Chg $27.66683921 0.000 52.644 1,456.49
9-30-00 Surrender Charge (34.00) $27.66683921 (1.229) 51.415 1,422.49
Cumulative Total Returns without/with chrgs. 46.23% A 42.25% C
Avg. Annual Total Returns without/with chrgs. 7.90% B 7.30% D
Money Market
9-30-95 Purchase $1,000.00 $12.67862500 78.873 78.873 $1,000.00
9-30-96 Contract Fee (1.00) $13.14897921 (0.076) 78.797 1,036.10
9-30-97 Contract Fee (1.00) $13.62759343 (0.073) 78.723 1,072.81
9-30-98 Contract Fee (1.00) $14.13788205 (0.071) 78.653 1,111.98
9-30-99 Contract Fee (1.00) $14.58444382 (0.069) 78.584 1,146.11
9-30-00 Contract Fee (1.00) $15.18751294 (0.066) 78.518 1,192.50
9-30-00 Value before Surr Chg $15.18751294 0.000 78.518 1,192.50
9-30-00 Surrender Charge (34.00) $15.18751294 (2.239) 76.280 1,158.50
Cumulative Total Returns without/with chrgs. 19.79% A 15.85% C
Avg. Annual Total Returns without/with chrgs. 3.68% B 2.99% D
Natural Resources Securities
9-30-95 Purchase $1,000.00 $14.30299298 69.915 69.915 $1,000.00
9-30-96 Contract Fee (1.00) $14.44871469 (0.069) 69.846 1,009.19
9-30-97 Contract Fee (1.00) $14.17269735 (0.071) 69.776 988.91
9-30-98 Contract Fee (1.00) $8.49168426 (0.118) 69.658 591.51
9-30-99 Contract Fee (1.00) $10.96382418 (0.091) 69.567 762.72
9-30-00 Contract Fee (1.00) $13.86356837 (0.072) 69.495 963.44
9-30-00 Value before Surr Chg $13.86356837 0.000 69.495 963.44
9-30-00 Surrender Charge (34.00) $13.86356837 (2.452) 67.042 929.44
Cumulative Total Returns without/with chrgs. -3.07% A -7.06% C
Avg. Annual Total Returns without/with chrgs. -0.62% B -1.45% D
Real Estate Securities
9-30-95 Purchase $1,000.00 $17.14662208 58.321 58.321 $1,000.00
9-30-96 Contract Fee (1.00) $20.41418251 (0.049) 58.272 1,189.57
9-30-97 Contract Fee (1.00) $28.14743239 (0.036) 58.236 1,639.19
9-30-98 Contract Fee (1.00) $23.16015624 (0.043) 58.193 1,347.76
9-30-99 Contract Fee (1.00) $21.42708908 (0.047) 58.146 1,245.90
9-30-00 Contract Fee (1.00) $26.58719983 (0.038) 58.109 1,544.94
9-30-00 Value before Surr Chg $26.58719983 0.000 58.109 1,544.94
9-30-00 Surrender Charge (34.00) $26.58719983 (1.279) 56.830 1,510.94
Cumulative Total Returns without/with chrgs. 55.06% A 51.09% C
Avg. Annual Total Returns without/with chrgs. 9.17% B 8.60% D
Rising Dividends
9-30-95 Purchase $1,000.00 $11.76021472 85.032 85.032 $1,000.00
9-30-96 Contract Fee (1.00) $13.75349501 (0.073) 84.960 $1,168.49
9-30-97 Contract Fee (1.00) $19.60482052 (0.051) 84.909 $1,664.62
9-30-98 Contract Fee (1.00) $17.68566228 (0.057) 84.852 1,500.67
9-30-99 Contract Fee (1.00) $19.01737975 (0.053) 84.800 1,612.67
9-30-00 Contract Fee (1.00) $19.52251708 (0.051) 84.748 1,654.50
9-30-00 Value before Surr Chg $19.52251708 0.000 84.748 1,654.50
9-30-00 Surrender Charge (34.00) $19.52251708 (1.742) 83.007 1,620.50
Cumulative Total Returns without/with chrgs. 66.00% A 62.05% C
Avg. Annual Total Rtns. without/with chrgs. 10.67% B 10.14% D
Templeton Developing Markets Equity
9-30-95 Purchase $1,000.00 $9.86694826 101.348 101.348 $1,000.00
9-30-96 Contract Fee (1.00) $10.77702435 (0.093) 101.256 1,091.23
9-30-97 Contract Fee (1.00) $13.50998521 (0.074) 101.182 1,366.96
9-30-98 Contract Fee (1.00) $6.62401663 (0.151) 101.031 669.23
9-30-99 Contract Fee (1.00) $9.59456054 (0.104) 100.926 968.35
9-30-00 Contract Fee (1.00) $9.14482311 (0.109) 100.817 921.95
9-30-00 Value before Surr Chg $9.14482311 0.000 100.817 921.95
9-30-00 Surrender Charge (34.00) $9.14482311 (3.718) 97.099 887.95
Cumulative Total Returns without/with chrgs. -7.32% -11.20%
Avg. Annual Total Rtns. without/with chrgs. -1.51% -2.35%
Templeton Global Asset Allocation
9-30-95 Purchase $1,000.00 $10.31547742 96.942 96.942 $1,000.00
9-30-96 Contract Fee (1.00) $11.66530262 (0.086) 96.856 1,129.85
9-30-97 Contract Fee (1.00) $14.85024822 (0.067) 96.789 1,437.34
9-30-98 Contract Fee (1.00) $12.14578305 (0.082) 96.706 1,174.57
9-30-99 Contract Fee (1.00) $13.46731580 (0.074) 96.632 1,301.37
9-30-00 Contract Fee (1.00) $13.75747172 (0.073) 96.559 1,328.41
9-30-00 Value before Surr Chg $13.75747172 0.000 96.559 1,328.41
9-30-00 Surrender Charge (34.00) $13.75747172 (2.471) 94.088 1,294.41
Cumulative Total Returns without/with chrgs. 33.37% 29.44%
Avg. Annual Total Rtns. without/with chrgs. 5.93% 5.30%
Templeton Global Growth
9-30-95 Purchase $1,000.00 $11.35313989 88.081 88.081 $1,000.00
9-30-96 Contract Fee (1.00) $12.50397253 (0.080) 88.001 1,100.37
9-30-97 Contract Fee (1.00) $16.27987781 (0.061) 87.940 1,431.65
9-30-98 Contract Fee (1.00) $14.01499439 (0.071) 87.869 1,231.48
9-30-99 Contract Fee (1.00) $17.38520578 (0.058) 87.811 1,526.61
9-30-00 Contract Fee (1.00) $18.43437517 (0.054) 87.757 1,617.74
9-30-00 Value before Surr Chg $18.43437517 0.000 87.757 1,617.74
9-30-00 Surrender Charge (34.00) $18.43437517 (1.844) 85.912 1,583.74
Cumulative Total Returns without/with chrgs. 62.37% 58.37%
Avg. Annual Total Rtns. without/with chrgs. 10.18% 9.63%
Templeton Global Income Securities
9-30-95 Purchase $1,000.00 $14.81615304 67.494 67.494 $1,000.00
9-30-96 Contract Fee (1.00) $15.95015926 (0.063) 67.431 1,075.54
9-30-97 Contract Fee (1.00) $16.91017354 (0.059) 67.372 1,139.27
9-30-98 Contract Fee (1.00) $17.25884597 (0.058) 67.314 1,161.76
9-30-99 Contract Fee (1.00) $16.66602734 (0.060) 67.254 1,120.86
9-30-00 Contract Fee (1.00) $15.88674725 (0.063) 67.191 1,067.45
9-30-00 Value before Surr Chg $15.88674725 0.000 67.191 1,067.45
9-30-00 Surrender Charge (34.00) $15.88674725 (2.140) 65.051 1,033.45
Cumulative Total Returns without/with chrgs. 7.23% A 3.34% C
Avg. Annual Total Returns without/with chrgs. 1.41% B 0.66% D
Templeton International Equity
9-30-95 Purchase $1,000.00 $13.46442393 74.270 74.270 $1,000.00
9-30-96 Contract Fee (1.00) $14.80159719 (0.068) 74.202 1,098.31
9-30-97 Contract Fee (1.00) $19.39474467 (0.052) 74.151 1,438.13
9-30-98 Contract Fee (1.00) $16.42390977 (0.061) 74.090 1,216.84
9-30-99 Contract Fee (1.00) $19.72936414 (0.051) 74.039 1,460.74
9-30-00 Contract Fee (1.00) $21.13785306 (0.047) 73.992 1,564.03
9-30-00 Value before Surr Chg $21.13785306 0.000 73.992 1,564.03
9-30-00 Surrender Charge (34.00) $21.13785306 (1.608) 72.383 1,530.03
Cumulative Total Returns without/with chrgs. 56.99% A 53.00% C
Avg. Annual Total Rtns. without/with chrgs. 9.44% B 8.88% D
Templeton Pacific Growth
9-30-95 Purchase $1,000.00 $13.51540299 73.990 73.990 $1,000.00
9-30-96 Contract Fee (1.00) $14.81034174 (0.068) 73.922 1,094.81
9-30-97 Contract Fee (1.00) $13.20093712 (0.076) 73.846 974.84
9-30-98 Contract Fee (1.00) $6.00900705 (0.166) 73.680 442.74
9-30-99 Contract Fee (1.00) $9.87393610 (0.101) 73.579 726.51
9-30-00 Contract Fee (1.00) $8.56106770 (0.117) 73.462 628.91
9-30-00 Value before Surr Chg $8.56106770 0.000 73.462 628.91
9-30-00 Surrender Charge (34.00) $8.56106770 (3.971) 69.490 594.91
Cumulative Total Returns without/with chrgs. -36.66% A -40.51% C
Avg. Annual Total Rtns. without/with chrgs. -8.73% B -9.87% D
U.S. Government Securities
9-30-95 Purchase $1,000.00 $15.61931137 64.023 64.023 $1,000.00
9-30-96 Contract Fee (1.00) $16.10244905 (0.062) 63.961 1,029.93
9-30-97 Contract Fee (1.00) $17.44823084 (0.057) 63.904 1,115.01
9-30-98 Contract Fee (1.00) $18.89032913 (0.053) 63.851 1,206.17
9-30-99 Contract Fee (1.00) $18.50224006 (0.054) 63.797 1,180.39
9-30-00 Contract Fee (1.00) $19.47391567 (0.051) 63.746 1,241.38
9-30-00 Value before Surr Chg $19.47391567 0.000 63.746 1,241.38
9-30-00 Surrender Charge (34.00) $19.47391567 (1.746) 62.000 1,207.38
Cumulative Total Returns without/with chrgs. 24.68% A 20.74% C
Avg. Annual Total Returns without/with chrgs. 4.51% B 3.84% D
Franklin Global Communications Securities
9-30-95 Purchase $1,000.00 $17.90165113 55.861 55.861 $1,000.00
9-30-96 Contract Fee (1.00) $19.56116280 (0.051) 55.810 1,091.70
9-30-97 Contract Fee (1.00) $22.68155772 (0.044) 55.766 1,264.85
9-30-98 Contract Fee (1.00) $25.77436253 (0.039) 55.727 1,436.32
9-30-99 Contract Fee (1.00) $29.46588298 (0.034) 55.693 1,641.04
9-30-00 Contract Fee (1.00) $33.19476956 (0.030) 55.663 1,847.71
9-30-00 Value before Surr Chg $33.19476956 0.000 55.663 1,847.71
9-30-00 Surrender Charge (34.00) $33.19476956 (1.024) 54.638 1,813.71
Cumulative Total Returns without/with chrgs. 85.43% A 81.37% C
Avg. Annual Total Returns without/with chrgs. 13.14% B 12.65% D
Zero Coupon - 2000
9-30-95 Purchase $1,000.00 $17.41377516 57.426 57.426 $1,000.00
9-30-96 Contract Fee (1.00) $17.91679072 (0.056) 57.370 1,027.89
9-30-97 Contract Fee (1.00) $19.05832886 (0.052) 57.318 1,092.38
9-30-98 Contract Fee (1.00) $20.48183917 (0.049) 57.269 1,172.97
9-30-99 Contract Fee (1.00) $20.69896469 (0.048) 57.220 1,184.40
9-30-00 Contract Fee (1.00) $21.46875467 (0.047) 57.174 1,227.45
9-30-00 Value before Surr Chg $21.46875467 0.000 57.174 1,227.45
9-30-00 Surrender Charge (34.00) $21.46875467 (1.584) 55.590 1,193.45
Cumulative Total Returns without/with chrgs. 23.29% A 19.35% C
Avg. Annual Total Returns without/with chrgs. 4.28% B 3.60% D
Zero Coupon - 2005
9-30-95 Purchase $1,000.00 $19.28096297 51.865 51.865 $1,000.00
9-30-96 Contract Fee (1.00) $19.52625010 (0.051) 51.813 1,011.72
9-30-97 Contract Fee (1.00) $21.55895858 (0.046) 51.767 1,116.04
9-30-98 Contract Fee (1.00) $25.03338881 (0.040) 51.727 1,294.90
9-30-99 Contract Fee (1.00) $23.37819079 (0.043) 51.684 1,208.29
9-30-00 Contract Fee (1.00) $24.24634152 (0.041) 51.643 1,252.16
9-30-00 Value before Surr Chg $24.24634152 0.000 51.643 1,252.16
9-30-00 Surrender Charge (34.00) $24.24634152 (1.402) 50.241 1,218.16
Cumulative Total Returns without/with chrgs. 25.75% A 21.82% C
Avg. Annual Total Returns without/with chrgs. 4.69% B 4.03% D
Zero Coupon - 2010
9-30-95 Purchase $1,000.00 $19.93315414 50.168 50.168 $1,000.00
9-30-96 Contract Fee (1.00) $20.00293397 (0.050) 50.118 1,002.50
9-30-97 Contract Fee (1.00) $23.04699085 (0.043) 50.074 1,154.06
9-30-98 Contract Fee (1.00) $28.41979951 (0.035) 50.039 1,422.10
9-30-99 Contract Fee (1.00) $24.83499584 (0.040) 49.999 1,241.72
9-30-00 Contract Fee (1.00) $25.77747546 (0.039) 49.960 1,287.84
9-30-00 Value before Surr Chg $25.77747546 0.000 49.960 1,287.84
9-30-00 Surrender Charge (34.00) $25.77747546 (1.319) 48.641 1,253.84
Cumulative Total Returns without/with chrgs. 29.32% A 25.38% C
Avg. Annual Total Returns without/with chrgs. 5.28% B 4.63% D
<FN>
A = (Unit Value as of September 30, 2000 - Unit Value at Purchase)/Unit Value at
Purchase B = [(A+1)^(1/5 Years)]-1 C = (Accumulated Value as of September 30,
2000 - Accum. Value at Purch.)/Accum. Value at Purch.
</FN>
</TABLE>
<TABLE>
<CAPTION>
FRANKLIN VALUEMARK IV
Preferred Life Variable Account C
Cumulative and Average Annual Total Return Calculations
Original Purchase as of Sub-Account Inception
Valuation Date as of September 30, 2000
Dollar Units This Accum. Accum.
Date Transaction Amount Unit Value Trans. Units Value
Capital Growth
<S> <C> <C> <C> <C> <C> <C>
6-10-96 Purchase $1,000.00 $10.21330860 97.911 97.911 $1,000.00
6-10-97 Contract Fee (1.00) $12.10814546 (0.083) 97.829 $1,184.53
6-10-98 Contract Fee (1.00) $14.34395396 (0.070) 97.759 $1,402.25
6-10-99 Contract Fee (1.00) $16.27012675 (0.061) 97.698 $1,589.55
6-10-00 Contract Fee (1.00) $22.19810732 (0.045) 97.653 $2,167.70
9-30-00 Contract Fee (1.00) $23.32945712 (0.043) 97.610 $2,277.18
9-30-00 Value before Surr Chg $23.32945712 0.000 97.610 $2,277.18
9-30-00 Surrender Charge (34.00) $23.32945712 (1.457) 96.152 $2,243.18
Cumulative Total Returns without/with chgs. 128.42% A 124.32% C
Avg. Annual Total Returns without/with chgs. 21.13% B 20.62% D
Growth and Income
9-6-91 Purchase $1,000.00 $11.03498115 90.621 90.621 $1,000.00
9-6-92 Contract Fee (1.00) $11.68405189 (0.086) 90.535 1,057.82
9-6-93 Contract Fee (1.00) $13.02733580 (0.077) 90.459 1,178.43
9-6-94 Contract Fee (1.00) $13.57991412 (0.074) 90.385 1,227.42
9-6-95 Contract Fee (1.00) $15.59838491 (0.064) 90.321 1,408.86
9-6-96 Contract Fee (1.00) $17.62580267 (0.057) 90.264 1,590.98
9-6-97 Contract Fee (1.00) $22.85168903 (0.044) 90.220 2,061.69
9-6-98 Contract Fee (1.00) $22.73172433 (0.044) 90.176 2,049.86
9-6-99 Contract Fee (1.00) $26.89534192 (0.037) 90.139 2,424.32
9-30-00 Value before Surr Chg $28.47494152 0.000 90.139 2,566.71
9-30-00 Contract Fee (1.00) $28.47494152 (0.035) 90.104 2,565.71
9-30-00 Surrender Charge 0.00 $28.47494152 0.000 90.104 2,565.71
Cumulative Total Returns without/with chgs. 158.04% A 156.57% C
Avg. Annual Total Returns without/with chgs. 11.01% B 10.94% D
High Income
9-6-91 Purchase $1,000.00 $11.01696490 90.769 90.769 $1,000.00
9-6-92 Contract Fee (1.00) $12.97853864 (0.077) 90.692 1,177.05
9-6-93 Contract Fee (1.00) $14.37619321 (0.070) 90.622 1,302.81
9-6-94 Contract Fee (1.00) $14.50250083 (0.069) 90.554 1,313.25
9-6-95 Contract Fee (1.00) $16.63184519 (0.060) 90.493 1,505.07
9-6-96 Contract Fee (1.00) $18.12695561 (0.055) 90.438 1,639.37
9-6-97 Contract Fee (1.00) $20.56627907 (0.049) 90.390 1,858.98
9-6-98 Contract Fee (1.00) $20.21453956 (0.049) 90.340 1,826.18
9-6-99 Contract Fee (1.00) $20.74646797 (0.048) 90.292 1,873.24
9-30-00 Value before Surr Chg $19.61842037 0.000 90.292 1,771.39
9-30-00 Contract Fee (1.00) $19.61842037 (0.051) 90.241 1,770.39
9-30-00 Surrender Charge 0.00 $19.61842037 0.000 90.241 1,770.39
Cumulative Total Returns without/with chgs. 78.07% A 77.04% C
Avg. Annual Total Returns without/with chgs. 6.57% B 6.50% D
Income Securities
9-6-91 Purchase $1,000.00 $12.78102140 78.241 78.241 $1,000.00
9-6-92 Contract Fee (1.00) $15.17072333 (0.066) 78.175 1,185.97
9-6-93 Contract Fee (1.00) $17.13535821 (0.058) 78.117 1,338.56
9-6-94 Contract Fee (1.00) $16.83901281 (0.059) 78.057 1,314.41
9-6-95 Contract Fee (1.00) $18.57859966 (0.054) 78.004 1,449.20
9-6-96 Contract Fee (1.00) $20.19633212 (0.050) 77.954 1,574.39
9-6-97 Contract Fee (1.00) $23.33720796 (0.043) 77.911 1,818.23
9-6-98 Contract Fee (1.00) $23.09598384 (0.043) 77.868 1,798.43
9-6-99 Contract Fee (1.00) $24.94308692 (0.040) 77.828 1,941.26
9-30-00 Value before Surr Chg $27.66683921 0.000 77.828 2,153.25
9-30-00 Contract Fee (1.00) $27.66683921 (0.036) 77.792 2,152.25
9-30-00 Surrender Charge 0.00 $27.66683921 0.000 77.792 2,152.25
Cumulative Total Returns without/with chgs. 116.47% A 115.22% C
Avg. Annual Total Returns without/with chgs. 8.88% B 8.81% D
Money Market
9-6-91 Purchase $1,000.00 $11.59769158 86.224 86.224 $1,000.00
9-6-92 Contract Fee (1.00) $11.84986728 (0.084) 86.140 1,020.74
9-6-93 Contract Fee (1.00) $11.97250973 (0.084) 86.056 1,030.31
9-6-94 Contract Fee (1.00) $12.16330239 (0.082) 85.974 1,045.73
9-6-95 Contract Fee (1.00) $12.64650524 (0.079) 85.895 1,086.27
9-6-96 Contract Fee (1.00) $13.11835446 (0.076) 85.819 1,125.80
9-6-97 Contract Fee (1.00) $13.59329622 (0.074) 85.745 1,165.56
9-6-98 Contract Fee (1.00) $14.10135416 (0.071) 85.674 1,208.12
9-6-99 Contract Fee (1.00) $14.54898458 (0.069) 85.605 1,245.47
9-30-00 Value before Surr Chg $15.18751294 0.000 85.605 1,300.13
9-30-00 Contract Fee (1.00) $15.18751294 (0.066) 85.540 1,299.13
9-30-00 Surrender Charge 0.00 $15.18751294 0.000 85.540 1,299.13
Cumulative Total Returns without/with chgs. 30.95% A 29.91% C
Avg. Annual Total Returns without/with chgs. 3.02% B 2.93% D
Mutual Discovery Securities
12-2-96 Purchase $1,000.00 $10.12131933 98.801 98.801 $1,000.00
12-2-97 Contract Fee (1.00) $11.92599887 (0.084) 98.717 1,177.30
12-2-98 Contract Fee (1.00) $10.92977325 (0.091) 98.626 1,077.96
12-2-99 Contract Fee (1.00) $12.92217618 (0.077) 98.549 1,273.46
9-30-00 Contract Fee (1.00) $14.66570689 (0.068) 98.480 1,444.29
9-30-00 Value before Surr Chg $14.66570689 0.000 98.480 1,444.29
9-30-00 Surrender Charge (42.50) $14.66570689 (2.898) 95.583 1,401.79
Cumulative Total Returns without/with chgs. 44.90% A 40.18% C
Avg. Annual Total Returns without/with chgs. 10.17% B 9.22% D
Mutual Shares Securities
12-2-96 Purchase $1,000.00 $10.11132790 98.899 98.899 $1,000.00
12-2-97 Contract Fee (1.00) $11.83732409 (0.084) 98.814 1,169.70
12-2-98 Contract Fee (1.00) $11.60056139 (0.086) 98.728 1,145.30
12-2-99 Contract Fee (1.00) $12.94542647 (0.077) 98.651 1,277.08
9-30-00 Value before Surr Chg $14.07024968 0.000 98.651 1,388.04
9-30-00 Contract Fee (1.00) $14.07024968 (0.071) 98.580 1,387.04
9-30-00 Surrender Charge (42.50) $14.07024968 (3.021) 95.559 1,344.54
Cumulative Total Returns without/with chgs. 39.15% A 34.45% C
Avg. Annual Total Returns without/with chgs. 9.01% B 8.04% D
Natural Resources Securities
9-6-91 Purchase $1,000.00 $10.40829495 96.077 96.077 $1,000.00
9-6-92 Contract Fee (1.00) $10.54535676 (0.095) 95.982 1,012.17
9-6-93 Contract Fee (1.00) $12.30811624 (0.081) 95.901 1,180.36
9-6-94 Contract Fee (1.00) $14.65386903 (0.068) 95.833 1,404.32
9-6-95 Contract Fee (1.00) $14.34644239 (0.070) 95.763 1,373.86
9-6-96 Contract Fee (1.00) $15.32135888 (0.065) 95.698 1,466.22
9-6-97 Contract Fee (1.00) $13.47023754 (0.074) 95.624 1,288.07
9-6-98 Contract Fee (1.00) $7.69303459 (0.130) 95.494 734.64
9-6-99 Contract Fee (1.00) $11.25864388 (0.089) 95.405 1,074.13
9-30-00 Value before Surr Chg $13.86356837 0.000 95.405 1,322.65
9-30-00 Contract Fee (1.00) $13.86356837 (0.072) 95.333 1,321.65
9-30-00 Surrender Charge 0.00 $13.86356837 0.000 95.333 1,321.65
Cumulative Total Returns without/with chgs. 33.20% A 32.17% C
Avg. Annual Total Returns without/with chgs. 3.21% B 3.12% D
Real Estate Securities
9-6-91 Purchase $1,000.00 $10.76208779 92.919 92.919 $1,000.00
9-6-92 Contract Fee (1.00) $12.08697235 (0.083) 92.836 1,122.11
9-6-93 Contract Fee (1.00) $15.49802565 (0.065) 92.772 1,437.78
9-6-94 Contract Fee (1.00) $15.53309598 (0.064) 92.707 1,440.03
9-6-95 Contract Fee (1.00) $16.87236284 (0.059) 92.648 1,563.19
9-6-96 Contract Fee (1.00) $19.79715451 (0.051) 92.597 1,833.16
9-6-97 Contract Fee (1.00) $25.98262212 (0.038) 92.559 2,404.92
9-6-98 Contract Fee (1.00) $21.78766273 (0.046) 92.513 2,015.64
9-6-99 Contract Fee (1.00) $22.34925402 (0.045) 92.468 2,066.60
9-30-00 Value before Surr Chg $26.58719983 0.000 92.468 2,458.47
9-30-00 Contract Fee (1.00) $26.58719983 (0.038) 92.431 2,457.47
9-30-00 Surrender Charge 0.00 $26.58719983 0.000 92.431 2,457.47
Cumulative Total Returns without/with chgs. 147.05% A 145.75% C
Avg. Annual Total Returns without/with chgs. 10.48% B 10.42% D
Rising Dividends
3-10-92 Purchase $1,000.00 $9.99136998 100.086 100.086 $1,000.00
3-10-93 Contract Fee (1.00) $10.76889430 (0.093) 99.994 1,076.82
3-10-94 Contract Fee (1.00) $10.04696846 (0.100) 99.894 1,003.63
3-10-95 Contract Fee (1.00) $10.29026656 (0.097) 99.797 1,026.94
3-10-96 Contract Fee (1.00) $12.80146166 (0.078) 99.719 1,276.54
3-10-97 Contract Fee (1.00) $16.37634391 (0.061) 99.658 1,632.03
3-10-98 Contract Fee (1.00) $21.61120307 (0.046) 99.611 2,152.72
3-10-99 Contract Fee (1.00) $19.45765886 (0.051) 99.560 1,937.20
3-10-00 Contract Fee (1.00) $17.43879219 (0.057) 99.503 1,735.21
9-30-00 Value before Surr Chg $19.52251708 0.000 99.503 1,942.54
9-30-00 Contract Fee (1.00) $19.52251708 (0.051) 99.451 1,941.54
9-30-00 Surrender Charge 0.00 $19.52251708 0.000 99.451 1,941.54
Cumulative Total Returns without/with chgs. 95.39% A 94.15% C
Avg. Annual Total Returns without/with chgs. 8.14% B 8.05% D
Small Cap
6-10-96 Purchase $1,000.00 $12.51035979 79.934 79.934 $1,000.00
6-10-97 Contract Fee (1.00) $13.40687894 (0.075) 79.859 1,070.66
6-10-98 Contract Fee (1.00) $15.27817282 (0.065) 79.794 1,219.10
6-10-99 Contract Fee (1.00) $16.04384535 (0.062) 79.731 1,279.20
6-10-00 Contract Fee (1.00) $29.65992333 (0.034) 79.698 2,363.83
9-30-00 Contract Fee (1.00) $29.96243834 (0.033) 79.664 2,386.94
9-30-00 Value before Surr Chg $29.96243834 0.000 79.664 2,386.94
9-30-00 Surrender Charge (34.00) $29.96243834 (1.135) 78.530 2,352.94
Cumulative Total Returns without/with chgs. 139.50% A 135.29% C
Avg. Annual Total Returns without/with chgs. 22.47% B 21.96% D
Templeton Developing Markets Equity
4-25-94 Purchase $1,000.00 $9.99325960 100.067 100.067 $1,000.00
4-25-95 Contract Fee (1.00) $9.56022487 (0.105) 99.963 955.67
4-25-96 Contract Fee (1.00) $10.82470628 (0.092) 99.870 1,081.07
4-25-97 Contract Fee (1.00) $12.48707352 (0.080) 99.790 1,246.09
4-25-98 Contract Fee (1.00) $10.97464949 (0.091) 99.699 1,094.16
4-25-99 Contract Fee (1.00) $9.89334260 (0.101) 99.598 985.36
4-25-00 Contract Fee (1.00) $10.08861259 (0.099) 99.499 1,003.81
9-30-00 Value before Surr Chg $9.14482311 0.000 99.499 909.90
9-30-00 Contract Fee (1.00) $9.14482311 (0.109) 99.390 908.90
9-30-00 Surrender Charge (17.00) $9.14482311 (1.859) 97.531 891.90
Cumulative Total Returns without/with chgs. -8.49% A -10.81% C
Avg. Annual Total Returns without/with chgs. -1.37% B -1.76% D
Templeton Global Asset Allocation
8-4-95 Purchase $1,000.00 $10.31918481 96.907 96.907 $1,000.00
8-4-96 Contract Fee (1.00) $11.31397104 (0.088) 96.818 1,095.40
8-4-97 Contract Fee (1.00) $14.16883874 (0.071) 96.748 1,370.81
8-4-98 Contract Fee (1.00) $13.84102387 (0.072) 96.676 1,338.09
8-4-99 Contract Fee (1.00) $13.93990154 (0.072) 96.604 1,346.65
9-30-00 Value before Surr Chg $13.75747172 0.000 96.604 1,329.03
9-30-00 Contract Fee (1.00) $13.75747172 (0.073) 96.531 1,328.03
9-30-00 Surrender Charge (34.00) $13.75747172 (2.471) 94.060 1,294.03
Cumulative Total Returns without/with chgs. 33.32% A 29.40% C
Avg. Annual Total Returns without/with chgs. 5.73% B 5.12% D
Templeton Global Growth
4-25-94 Purchase $1,000.00 $9.98327632 100.168 100.168 $1,000.00
4-25-95 Contract Fee (1.00) $10.44550831 (0.096) 100.072 1,045.30
4-25-96 Contract Fee (1.00) $12.28263557 (0.081) 99.990 1,228.15
4-25-97 Contract Fee (1.00) $13.71569405 (0.073) 99.917 1,370.44
4-25-98 Contract Fee (1.00) $17.13472791 (0.058) 99.859 1,711.06
4-25-99 Contract Fee (1.00) $17.66274499 (0.057) 99.802 1,762.79
4-25-00 Contract Fee (1.00) $18.56991474 (0.054) 99.749 1,852.32
9-30-00 Value before Surr Chg $18.43437517 0.000 99.749 1,838.80
9-30-00 Contract Fee (1.00) $18.43437517 (0.054) 99.694 1,837.80
9-30-00 Surrender Charge (17.00) $18.43437517 (0.922) 98.772 1,820.80
Cumulative Total Returns without/with chgs. 84.65% A 82.08% C
Avg. Annual Total Returns without/with chgs. 9.99% B 9.75% D
Templeton Global Income Securities
9-6-91 Purchase $1,000.00 $12.26703630 81.519 81.519 $1,000.00
9-6-92 Contract Fee (1.00) $13.36492131 (0.075) 81.444 1,088.50
9-6-93 Contract Fee (1.00) $14.11636918 (0.071) 81.374 1,148.70
9-6-94 Contract Fee (1.00) $13.66115856 (0.073) 81.300 1,110.66
9-6-95 Contract Fee (1.00) $14.57676236 (0.069) 81.232 1,184.10
9-6-96 Contract Fee (1.00) $15.73226849 (0.064) 81.168 1,276.96
9-6-97 Contract Fee (1.00) $16.66681804 (0.060) 81.108 1,351.82
9-6-98 Contract Fee (1.00) $16.51514998 (0.061) 81.048 1,338.51
9-6-99 Contract Fee (1.00) $16.59735834 (0.060) 80.987 1,344.18
9-30-00 Value before Surr Chg $15.88674725 0.000 80.987 1,286.63
9-30-00 Contract Fee (1.00) $15.88674725 (0.063) 80.925 1,285.63
9-30-00 Surrender Charge 0.00 $15.88674725 0.000 80.925 1,285.63
Cumulative Total Returns without/with chgs. 29.51% A 28.56% C
Avg. Annual Total Returns without/with chgs. 2.89% B 2.81% D
Templeton International Equity
3-10-92 Purchase $1,000.00 $9.99136998 100.086 100.086 $1,000.00
3-10-93 Contract Fee (1.00) $9.69594231 (0.103) 99.983 969.43
3-10-94 Contract Fee (1.00) $12.79335276 (0.078) 99.905 1,278.12
3-10-95 Contract Fee (1.00) $11.71778252 (0.085) 99.820 1,169.67
3-10-96 Contract Fee (1.00) $13.89068784 (0.072) 99.748 1,385.56
3-10-97 Contract Fee (1.00) $16.78167350 (0.060) 99.688 1,672.93
3-10-98 Contract Fee (1.00) $18.85356437 (0.053) 99.635 1,878.48
3-10-99 Contract Fee (1.00) $18.14101219 (0.055) 99.580 1,806.48
3-10-00 Contract Fee (1.00) $20.97738656 (0.048) 99.532 2,087.93
9-30-00 Value before Surr Chg $21.13785306 0.000 99.532 2,103.90
9-30-00 Contract Fee (1.00) $21.13785306 (0.047) 99.485 2,102.90
9-30-00 Surrender Charge 0.00 $21.13785306 0.000 99.485 2,102.90
Cumulative Total Returns without/with chgs. 111.56% A 110.29% C
Avg. Annual Total Returns without/with chgs. 9.14% B 9.07% D
Templeton International Smaller Companies
6-10-96 Purchase $1,000.00 $10.17337387 98.296 98.296 $1,000.00
6-10-97 Contract Fee (1.00) $11.57700016 (0.086) 98.209 1,136.97
6-10-98 Contract Fee (1.00) $11.30327288 (0.088) 98.121 1,109.09
6-10-99 Contract Fee (1.00) $10.67289110 (0.094) 98.027 1,046.23
6-10-00 Contract Fee (1.00) $11.88905674 (0.084) 97.943 1,164.45
9-30-00 Contract Fee (1.00) $11.38881135 (0.088) 97.855 1,114.46
9-30-00 Value before Surr Chg $11.38881135 0.000 97.855 1,114.46
9-30-00 Surrender Charge (34.00) $11.38881135 (2.985) 94.870 1,080.46
Cumulative Total Returns without/with chgs. 11.95% A 8.05% C
Avg. Annual Total Returns without/with chgs. 2.65% B 1.81% D
Templeton Pacific Growth
3-10-92 Purchase $1,000.00 $9.99136998 100.086 100.086 $1,000.00
3-10-93 Contract Fee (1.00) $10.26687089 (0.097) 99.989 1,026.57
3-10-94 Contract Fee (1.00) $13.65479551 (0.073) 99.916 1,364.33
3-10-95 Contract Fee (1.00) $12.18363349 (0.082) 99.834 1,216.34
3-10-96 Contract Fee (1.00) $14.54657966 (0.069) 99.765 1,451.24
3-10-97 Contract Fee (1.00) $14.56267035 (0.069) 99.696 1,451.84
3-10-98 Contract Fee (1.00) $9.39483025 (0.106) 99.590 935.63
3-10-99 Contract Fee (1.00) $7.72855406 (0.129) 99.460 768.69
3-10-00 Contract Fee (1.00) $9.82055363 (0.102) 99.359 975.76
9-30-00 Value before Surr Chg $8.56106770 0.000 99.359 850.62
9-30-00 Contract Fee (1.00) $8.56106770 (0.117) 99.242 849.62
9-30-00 Surrender Charge 0.00 $8.56106770 0.000 99.242 849.62
Cumulative Total Returns without/with chgs. -14.32% A -15.04% C
Avg. Annual Total Returns without/with chgs. -1.79% B -1.88% D
U.S. Government Securities
9-6-91 Purchase $1,000.00 $12.00883191 83.272 83.272 $1,000.00
9-6-92 Contract Fee (1.00) $13.53277011 (0.074) 83.198 1,125.90
9-6-93 Contract Fee (1.00) $14.73731504 (0.068) 83.130 1,225.12
9-6-94 Contract Fee (1.00) $13.94815901 (0.072) 83.059 1,158.51
9-6-95 Contract Fee (1.00) $15.57586493 (0.064) 82.994 1,292.71
9-6-96 Contract Fee (1.00) $15.84692420 (0.063) 82.931 1,314.21
9-6-97 Contract Fee (1.00) $17.23470902 (0.058) 82.873 1,428.30
9-6-98 Contract Fee (1.00) $18.61044177 (0.054) 82.820 1,541.31
9-6-99 Contract Fee (1.00) $18.36259092 (0.054) 82.765 1,519.78
9-30-00 Value before Surr Chg $19.47391567 0.000 82.765 1,611.76
9-30-00 Contract Fee (1.00) $19.47391567 (0.051) 82.714 1,610.76
9-30-00 Surrender Charge 0.00 $19.47391567 0.000 82.714 1,610.76
Cumulative Total Returns without/with chgs. 62.16% A 61.08% C
Avg. Annual Total Returns without/with chgs. 5.47% B 5.39% D
Franklin Global Communications Securities
9-6-91 Purchase $1,000.00 $13.20333633 75.738 75.738 $1,000.00
9-6-92 Contract Fee (1.00) $15.49659434 (0.065) 75.674 1,172.69
9-6-93 Contract Fee (1.00) $18.16497690 (0.055) 75.619 1,373.61
9-6-94 Contract Fee (1.00) $14.81156270 (0.068) 75.551 1,119.03
9-6-95 Contract Fee (1.00) $16.99089769 (0.059) 75.492 1,282.69
9-6-96 Contract Fee (1.00) $19.26269593 (0.052) 75.441 1,453.19
9-6-97 Contract Fee (1.00) $22.00786569 (0.045) 75.395 1,659.29
9-6-98 Contract Fee (1.00) $24.25556304 (0.041) 75.354 1,827.75
9-6-99 Contract Fee (1.00) $29.73224598 (0.034) 75.320 2,239.44
9-30-00 Value before Surr Chg $33.19476956 0.000 75.320 2,500.24
9-30-00 Contract Fee (1.00) $33.19476956 (0.030) 75.290 2,499.24
9-30-00 Surrender Charge 0.00 $33.19476956 0.000 75.290 2,499.24
Cumulative Total Returns without/with chgs. 151.41% A 149.92% C
Avg. Annual Total Returns without/with chgs. 10.69% B 10.62% D
Zero Coupon - 2000
9-6-91 Purchase $1,000.00 $12.24597744 81.659 81.659 $1,000.00
9-6-92 Contract Fee (1.00) $14.62528229 (0.068) 81.591 1,193.29
9-6-93 Contract Fee (1.00) $16.95328563 (0.059) 81.532 1,382.24
9-6-94 Contract Fee (1.00) $15.64645109 (0.064) 81.468 1,274.69
9-6-95 Contract Fee (1.00) $17.40690860 (0.057) 81.411 1,417.11
9-6-96 Contract Fee (1.00) $17.66740110 (0.057) 81.354 1,437.32
9-6-97 Contract Fee (1.00) $18.89793156 (0.053) 81.301 1,536.43
9-6-98 Contract Fee (1.00) $20.18365656 (0.050) 81.252 1,639.96
9-6-99 Contract Fee (1.00) $20.66034906 (0.048) 81.203 1,677.69
9-30-00 Value before Surr Chg $21.46875467 0.000 81.203 1,743.33
9-30-00 Contract Fee (1.00) $21.46875467 (0.047) 81.157 1,742.33
9-30-00 Surrender Charge 0.00 $21.46875467 0.000 81.157 1,742.33
Cumulative Total Returns without/with chgs. 75.31% A 74.23% C
Avg. Annual Total Returns without/with chgs. 6.38% B 6.31% D
Zero Coupon - 2005
9-6-91 Purchase $1,000.00 $12.34294505 81.018 81.018 $1,000.00
9-6-92 Contract Fee (1.00) $14.82102144 (0.067) 80.950 1,199.77
9-6-93 Contract Fee (1.00) $18.53333536 (0.054) 80.897 1,499.28
9-6-94 Contract Fee (1.00) $16.24130359 (0.062) 80.835 1,312.86
9-6-95 Contract Fee (1.00) $19.17890651 (0.052) 80.783 1,549.33
9-6-96 Contract Fee (1.00) $19.06958996 (0.052) 80.730 1,539.49
9-6-97 Contract Fee (1.00) $21.09349035 (0.047) 80.683 1,701.89
9-6-98 Contract Fee (1.00) $24.10530811 (0.041) 80.641 1,943.89
9-6-99 Contract Fee (1.00) $23.28509603 (0.043) 80.599 1,876.74
9-30-00 Value before Surr Chg $24.24634152 0.000 80.599 1,954.22
9-30-00 Contract Fee (1.00) $24.24634152 (0.041) 80.557 1,953.22
9-30-00 Surrender Charge 0.00 $24.24634152 0.000 80.557 1,953.22
Cumulative Total Returns without/with chgs. 96.44% A 95.32% C
Avg. Annual Total Returns without/with chgs. 7.72% B 7.66% D
Zero Coupon - 2010
9-6-91 Purchase $1,000.00 $11.98587854 83.432 83.432 $1,000.00
9-6-92 Contract Fee (1.00) $14.35947156 (0.070) 83.362 1,197.03
9-6-93 Contract Fee (1.00) $18.97557813 (0.053) 83.309 1,580.84
9-6-94 Contract Fee (1.00) $15.79824932 (0.063) 83.246 1,315.14
9-6-95 Contract Fee (1.00) $19.77806044 (0.051) 83.195 1,645.44
9-6-96 Contract Fee (1.00) $19.33710914 (0.052) 83.144 1,607.76
9-6-97 Contract Fee (1.00) $22.28214313 (0.045) 83.099 1,851.62
9-6-98 Contract Fee (1.00) $27.16542546 (0.037) 83.062 2,256.41
9-6-99 Contract Fee (1.00) $24.79912197 (0.040) 83.022 2,058.86
9-30-00 Value before Surr Chg $25.77747546 0.000 83.022 2,140.09
9-30-00 Contract Fee (1.00) $25.77747546 (0.039) 82.983 2,139.09
9-30-00 Surrender Charge 0.00 $25.77747546 0.000 82.983 2,139.09
Cumulative Total Returns without/with chgs. 115.07% A 113.91% C
Avg. Annual Total Returns without/with chgs. 8.81% B 8.74% D
Global Health Care Securities
8-17-98 Purchase $1,000.00 $9.34869112 106.967 106.967 $1,000.00
8-17-99 Contract Fee (1.00) $8.73026223 (0.115) 106.852 $932.85
9-30-00 Value before Surr Chg $16.65597112 0.000 106.852 $1,779.73
9-30-00 Contract Fee (1.00) $16.65597112 (0.060) 106.792 $1,778.73
9-30-00 Surrender Charge (51.00) $16.65597112 (3.062) 103.730 $1,727.73
Cumulative Total Returns without/with chgs. 78.16% A 72.77% C
Avg. Annual Total Returns without/with chgs. 31.26% B 29.37% D
Value Securities
8-17-98 Purchase $1,000.00 $7.91502603 126.342 126.342 $1,000.00
8-17-99 Contract Fee (1.00) $8.20958327 (0.122) 126.220 $1,036.21
9-30-00 Value before Surr Chg $8.79940943 0.000 126.220 $1,110.66
9-30-00 Contract Fee (1.00) $8.79940943 (0.114) 126.107 $1,109.66
9-30-00 Surrender Charge (51.00) $8.79940943 (5.796) 120.311 $1,058.66
Cumulative Total Returns without/with chgs. 11.17% A 5.87% C
Avg. Annual Total Returns without/with chgs. 5.12% B 2.72% D
Franklin Aggressive Growth
5-1-00 Purchase $1,000.00 $9.99877534 100.012 100.012 $1,000.00
11-30-00 Value before Surr Chg $7.49362986 0.000 100.012 $749.45
11-30-00 Contract Fee (1.00) $7.49362986 (0.133) 99.879 $748.45
11-30-00 Surrender Charge (60.00) $7.49362986 (8.007) 91.872 $688.45
Cumulative Total Returns without/with chgs. -25.05% A -31.15% C
Avg. Annual Total Returns without/with chgs. -39.00% B -47.26% D
Franklin Technology Securities
5-1-00 Purchase $1,000.00 $9.99877534 100.012 100.012 $1,000.00
11-30-00 Value before Surr Chg $7.55310312 0.000 100.012 $755.40
11-30-00 Contract Fee (1.00) $7.55310312 (0.132) 99.880 $754.40
11-30-00 Surrender Charge (60.00) $7.55310312 (7.944) 91.936 $694.40
Cumulative Total Returns without/with chgs. -24.46% A -30.56% C
Avg. Annual Total Returns without/with chgs. -38.16% B -46.47% D
A = (Unit Value as of September 30, 2000 - Unit Value at Purchase)/Unit Value at
Purchase B = [(A+1)^(1/Years since Inception)]-1 C = (Accumulated Value as of
September 30, 2000 - Accum. Value at Purch.)/Accum. Value at Purch.
D = [(C+1)^(1/Years since Inception)]-1
AIM VI Growth
11-11-99 Purchase $1,000.00 $10.00000000 100.000 100.000 $1,000.00
11-30-00 Value before Surr Chg $8.40337218 0.000 100.000 840.34
11-30-00 Contract Fee (1.00) $8.40337218 (0.119) 99.881 839.34
11-30-00 Surrender Charge (60.00) $8.40337218 (7.140) 92.741 779.34
Cumulative Total Returns without/with chgs. -15.97% A -22.07% C
Avg. Annual Total Returns without/with chgs. -15.20% B -21.05% D
Alger Growth
11-11-99 Purchase $1,000.00 $10.00000000 100.000 100.000 $1,000.00
11-30-00 Value before Surr Chg $9.12083451 0.000 100.000 912.08
11-30-00 Contract Fee (1.00) $9.12083451 (0.110) 99.890 911.08
11-30-00 Surrender Charge (60.00) $9.12083451 (6.578) 93.312 851.08
Cumulative Total Returns without/with chgs. -8.79% A -14.89% C
Avg. Annual Total Returns without/with chgs. -8.35% B -14.18% D
Alger Leveraged All Cap
11-11-99 Purchase $1,000.00 $10.00000000 100.000 100.000 $1,000.00
11-30-00 Value before Surr Chg $8.99016132 0.000 100.000 899.02
11-30-00 Contract Fee (1.00) $8.99016132 (0.111) 99.889 898.02
11-30-00 Surrender Charge (60.00) $8.99016132 (6.674) 93.215 838.02
Cumulative Total Returns without/with chgs. -10.10% A -16.20% C
Avg. Annual Total Returns without/with chgs. -9.60% B -15.43% D
S&P 500 Index
11-11-99 Purchase $1,000.00 $10.00000000 100.000 100.000 $1,000.00
11-30-00 Value before Surr Chg $9.40014425 0.000 100.000 $940.01
11-30-00 Contract Fee (1.00) $9.40014425 (0.106) 99.894 $939.01
11-30-00 Surrender Charge (60.00) $9.40014425 (6.383) 93.511 $879.01
Cumulative Total Returns without/with chgs. -6.00% A -12.10% C
Avg. Annual Total Returns without/with chgs. -5.70% B -11.51% D
USA Growth
11-12-99 Purchase $1,000.00 $10.09869576 99.023 99.023 $1,000.00
11-30-00 Value before Surr Chg $9.37331424 0.000 99.023 928.17
11-30-00 Contract Fee (1.00) $9.37331424 (0.107) 98.916 927.17
11-30-00 Surrender Charge (60.00) $9.37331424 (6.401) 92.515 867.17
Cumulative Total Returns without/with chgs. -7.18% A -13.28% C
Avg. Annual Total Returns without/with chgs. -6.84% B -12.67% D
USA Fixed Income
11-12-99 Purchase $1,000.00 $10.04974019 99.505 99.505 $1,000.00
11-30-00 Value before Surr Chg $10.53147134 0.000 99.505 1,047.93
11-30-00 Contract Fee (1.00) $10.53147134 (0.095) 99.410 1,046.93
11-30-00 Surrender Charge (60.00) $10.53147134 (5.697) 93.713 986.93
Cumulative Total Returns without/with chgs. 4.79% A -1.31% C
Avg. Annual Total Returns without/with chgs. 4.55% B -1.24% D
USA Diversified Asset
11-12-99 Purchase $1,000.00 $10.04939055 99.509 99.509 $1,000.00
11-30-00 Value before Surr Chg $10.21146383 0.000 99.509 1,016.13
11-30-00 Contract Fee (1.00) $10.21146383 (0.098) 99.411 1,015.13
11-30-00 Surrender Charge (60.00) $10.21146383 (5.876) 93.535 955.13
Cumulative Total Returns without/with chgs. 1.61% A -4.49% C
Avg. Annual Total Returns without/with chgs. 1.53% B -4.27% D
</TABLE>
<TABLE>
<CAPTION>
Advantage
Preferred Life Variable Account C
Cumulative and Average Annual Total Return Calculations - HYPOTHETICAL
Original Purchase as of September 30, 1999
Valuation Date as of September 30, 2000
Dollar Units This Accum. Accum.
Date Transaction Amount Unit Value Trans. Units Value
AIM VI Capital Appreciation Fund
<S> <C> <C> <C> <C> <C> <C>
9-30-99 Purchase $1,000.00 $25.61499737 39.040 39.040 $1,000.00
9-30-00 Contract Fee (1.00) $39.21591989 (0.025) 39.014 1,529.97
9-30-00 Value before Surr Chg $39.21591989 0.000 39.014 1,529.97
9-30-00 Surrender Charge (51.00) $39.21591989 (1.300) 37.714 1,478.97
Cumulative and Average Annual Total Returns
without/with charges 53.10% A 47.90% B
AIM VI Growth
9-30-99 Purchase $1,000.00 $29.31543535 34.112 34.112 $1,000.00
9-30-00 Contract Fee (1.00) $36.19193969 (0.028) 34.084 1,233.57
9-30-00 Value before Surr Chg $36.19193969 0.000 34.084 1,233.57
9-30-00 Surrender Charge (51.00) $36.19193969 (1.409) 32.675 1,182.57
Cumulative and Average Annual Total Returns
without/with charges 23.46% A 18.26% B
AIM VI International Equity Fund
9-30-99 Purchase $1,000.00 $20.19557960 49.516 49.516 $1,000.00
9-30-00 Contract Fee (1.00) $23.41178398 (0.043) 49.473 1,158.25
9-30-00 Value before Surr Chg $23.41178398 0.000 49.473 1,158.25
9-30-00 Surrender Charge (51.00) $23.41178398 (2.178) 47.295 1,107.25
Cumulative and Average Annual Total Returns
without/with charges 15.93% A 10.73% B
AIM VI Value Fund
9-30-99 Purchase $1,000.00 $30.73951074 32.531 32.531 $1,000.00
9-30-00 Contract Fee (1.00) $33.33090667 (0.030) 32.501 1,083.30
9-30-00 Value before Surr Chg $33.33090667 0.000 32.501 1,083.30
9-30-00 Surrender Charge (51.00) $33.33090667 (1.530) 30.971 1,032.30
Cumulative and Average Annual Total Returns
without/with charges 8.43% A 3.23% B
Alger American Growth
9-30-99 Purchase $1,000.00 $68.57906649 14.582 14.582 $1,000.00
9-30-00 Contract Fee (1.00) $82.11449196 (0.012) 14.570 1,196.37
9-30-00 Value before Surr Chg $82.11449196 0.000 14.570 1,196.37
9-30-00 Surrender Charge (51.00) $82.11449196 (0.621) 13.948 1,145.37
Cumulative and Average Annual Total Returns
without/with charges 19.74% A 14.54% B
Alger American Leveraged AllCap
9-30-99 Purchase $1,000.00 $43.70471864 22.881 22.881 $1,000.00
9-30-00 Contract Fee (1.00) $58.11014658 (0.017) 22.864 1,328.61
9-30-00 Value before Surr Chg $58.11014658 0.000 22.864 1,328.61
9-30-00 Surrender Charge (51.00) $58.11014658 (0.878) 21.986 1,277.61
Cumulative and Average Annual Total Returns
without/with charges 32.96% A 27.76% B
Alger American MidCap Growth
9-30-99 Purchase $1,000.00 $31.54946011 31.696 31.696 $1,000.00
9-30-00 Contract Fee (1.00) $47.47074590 (0.021) 31.675 1,503.65
9-30-00 Value before Surr Chg $47.47074590 0.000 31.675 1,503.65
9-30-00 Surrender Charge (51.00) $47.47074590 (1.074) 30.601 1,452.65
Cumulative and Average Annual Total Returns
without/with charges 50.46% A 45.26% B
Alger American Small Capitalization
9-30-99 Purchase $1,000.00 $54.86339707 18.227 18.227 $1,000.00
9-30-00 Contract Fee (1.00) $64.30857212 (0.016) 18.212 1,171.16
9-30-00 Value before Surr Chg $64.30857212 0.000 18.212 1,171.16
9-30-00 Surrender Charge (51.00) $64.30857212 (0.793) 17.418 1,120.16
Cumulative and Average Annual Total Returns
without/with charges 17.22% A 12.02% B
Davis VA Financial Portfolio
9-30-99 Purchase $1,000.00 $8.87696124 112.651 112.651 $1,000.00
9-30-00 Contract Fee (1.00) $11.44339201 (0.087) 112.564 1,288.11
9-30-00 Value before Surr Chg $11.44339201 0.000 112.564 1,288.11
9-30-00 Surrender Charge (51.00) $11.44339201 (4.457) 108.107 1,237.11
Cumulative and Average Annual Total Returns
without/with charges 28.91% A 23.71% B
Davis VA Real Estate
9-30-99 Purchase $1,000.00 $8.93673876 111.898 111.898 $1,000.00
9-30-00 Contract Fee (1.00) $10.36308466 (0.096) 111.801 1,158.60
9-30-00 Value before Surr Chg $10.36308466 0.000 111.801 1,158.60
9-30-00 Surrender Charge (51.00) $10.36308466 (4.921) 106.880 1,107.60
Cumulative and Average Annual Total Returns
without/with charges 15.96% A 10.76% B
Davis VA Value
9-30-99 Purchase $1,000.00 $9.12603423 109.577 109.577 $1,000.00
9-30-00 Contract Fee (1.00) $10.89004205 (0.092) 109.485 1,192.29
9-30-00 Value before Surr Chg $10.89004205 0.000 109.485 1,192.29
9-30-00 Surrender Charge (51.00) $10.89004205 (4.683) 104.802 1,141.29
Cumulative and Average Annual Total Returns
without/with charges 19.33% A 14.13% B
Franklin Growth & Income
9-30-99 Purchase $1,000.00 $25.71098446 38.894 38.894 $1,000.00
9-30-00 Contract Fee (1.00) $28.47494152 (0.035) 38.859 1,106.50
9-30-00 Value before Surr Chg $28.47494152 0.000 38.859 1,106.50
9-30-00 Surrender Charge (51.00) $28.47494152 (1.791) 37.068 1,055.50
Cumulative and Average Annual Total Returns
without/with charges 10.75% A 5.55% B
Franklin Rising Dividends Securities
9-30-99 Purchase $1,000.00 $19.01737975 52.583 52.583 $1,000.00
9-30-00 Contract Fee (1.00) $19.52251708 (0.051) 52.532 1,025.56
9-30-00 Value before Surr Chg $19.52251708 0.000 52.532 1,025.56
9-30-00 Surrender Charge (51.00) $19.52251708 (2.612) 49.920 974.56
Cumulative and Average Annual Total Returns
without/with charges 2.66% A -2.54% B
Franklin Small Cap
9-30-99 Purchase $1,000.00 $17.61107699 56.782 56.782 $1,000.00
9-30-00 Contract Fee (1.00) $29.96243834 (0.033) 56.749 1,700.34
9-30-00 Value before Surr Chg $29.96243834 0.000 56.749 1,700.34
9-30-00 Surrender Charge (51.00) $29.96243834 (1.702) 55.047 1,649.34
Cumulative and Average Annual Total Returns
without/with charges 70.13% A 64.93% B
Franklin U.S. Government
9-30-99 Purchase $1,000.00 $18.50224006 54.048 54.048 $1,000.00
9-30-00 Contract Fee (1.00) $19.47391567 (0.051) 53.996 1,051.52
9-30-00 Value before Surr Chg $19.47391567 0.000 53.996 1,051.52
9-30-00 Surrender Charge (51.00) $19.47391567 (2.619) 51.377 1,000.52
Cumulative and Average Annual Total Returns
without/with charges 5.25% A 0.05% B
JP Morgan International Opportunitities
9-30-99 Purchase $1,000.00 $15.18819053 65.841 65.841 $1,000.00
9-30-00 Contract Fee (1.00) $15.66798633 (0.064) 65.777 1,030.59
9-30-00 Value before Surr Chg $15.66798633 0.000 65.777 1,030.59
9-30-00 Surrender Charge (51.00) $15.66798633 (3.255) 62.522 979.59
Cumulative and Average Annual Total Returns
without/with charges 3.16% A -2.04% B
JP Morgan US Disciplined Equity
9-30-99 Purchase $1,000.00 $25.06610064 39.895 39.895 $1,000.00
9-30-00 Contract Fee (1.00) $25.81034019 (0.039) 39.856 1,028.69
9-30-00 Value before Surr Chg $25.81034019 0.000 39.856 1,028.69
9-30-00 Surrender Charge (51.00) $25.81034019 (1.976) 37.880 977.69
Cumulative and Average Annual Total Returns
without/with charges 2.97% A -2.23% B
Mutual Discovery Securities
9-30-99 Purchase $1,000.00 $11.97520444 83.506 83.506 $1,000.00
9-30-00 Contract Fee (1.00) $14.66570689 (0.068) 83.438 1,223.67
9-30-00 Value before Surr Chg $14.66570689 0.000 83.438 1,223.67
9-30-00 Surrender Charge (51.00) $14.66570689 (3.478) 79.960 1,172.67
Cumulative and Average Annual Total Returns
without/with charges 22.47% A 17.27% B
Mutual Shares Securities
9-30-99 Purchase $1,000.00 $12.23769203 81.715 81.715 $1,000.00
9-30-00 Contract Fee (1.00) $14.07024968 (0.071) 81.644 1,148.75
9-30-00 Value before Surr Chg $14.07024968 0.000 81.644 1,148.75
9-30-00 Surrender Charge (51.00) $14.07024968 (3.625) 78.019 1,097.75
Cumulative and Average Annual Total Returns
without/with charges 14.97% A 9.77% B
Oppenheimer VA Global Securities
9-30-99 Purchase $1,000.00 $26.41039940 37.864 37.864 $1,000.00
9-30-00 Contract Fee (1.00) $38.79853540 (0.026) 37.838 1,468.06
9-30-00 Value before Surr Chg $38.79853540 0.000 37.838 1,468.06
9-30-00 Surrender Charge (51.00) $38.79853540 (1.314) 36.524 1,417.06
Cumulative and Average Annual Total Returns
without/with charges 46.91% A 41.71% B
Oppenheimer VA High Income
9-30-99 Purchase $1,000.00 $36.37074206 27.495 27.495 $1,000.00
9-30-00 Contract Fee (1.00) $36.63640330 (0.027) 27.467 1,006.30
9-30-00 Value before Surr Chg $36.63640330 0.000 27.467 1,006.30
9-30-00 Surrender Charge (51.00) $36.63640330 (1.392) 26.075 955.30
Cumulative and Average Annual Total Returns
without/with charges 0.73% A -4.47% B
Oppenheimer VA Main Street Growth & Income
9-30-99 Purchase $1,000.00 $23.53759227 42.485 42.485 $1,000.00
9-30-00 Contract Fee (1.00) $26.23127896 (0.038) 42.447 1,113.44
9-30-00 Value before Surr Chg $26.23127896 0.000 42.447 1,113.44
9-30-00 Surrender Charge (51.00) $26.23127896 (1.944) 40.503 1,062.44
Cumulative and Average Annual Total Returns
without/with charges 11.44% A 6.24% B
PIMCO VIT High Yield Bond
9-30-99 Purchase $1,000.00 $10.07636724 99.242 99.242 $1,000.00
9-30-00 Contract Fee (1.00) $10.22038104 (0.098) 99.144 1,013.29
9-30-00 Value before Surr Chg $10.22038104 0.000 99.144 1,013.29
9-30-00 Surrender Charge (51.00) $10.22038104 (4.990) 94.154 962.29
Cumulative and Average Annual Total Returns
without/with charges 1.43% A -3.77% B
PIMCO VIT Stocks PLUS Growth & Income
9-30-99 Purchase $1,000.00 $13.31144791 75.123 75.123 $1,000.00
9-30-00 Contract Fee (1.00) $14.53046954 (0.069) 75.054 1,090.58
9-30-00 Value before Surr Chg $14.53046954 0.000 75.054 1,090.58
9-30-00 Surrender Charge (51.00) $14.53046954 (3.510) 71.545 1,039.58
Cumulative and Average Annual Total Returns
without/with charges 9.16% A 3.96% B
PIMCO VIT Total Return Bond
9-30-99 Purchase $1,000.00 $10.47789401 95.439 95.439 $1,000.00
9-30-00 Contract Fee (1.00) $11.00029537 (0.091) 95.348 1,048.86
9-30-00 Value before Surr Chg $11.00029537 0.000 95.348 1,048.86
9-30-00 Surrender Charge (51.00) $11.00029537 (4.636) 90.712 997.86
Cumulative and Average Annual Total Returns
without/with charges 4.99% A -0.21% B
Seligman Henderson Global Technology
9-30-99 Purchase $1,000.00 $22.54698194 44.352 44.352 $1,000.00
9-30-00 Contract Fee (1.00) $33.29269211 (0.030) 44.322 1,475.59
9-30-00 Value before Surr Chg $33.29269211 0.000 44.322 1,475.59
9-30-00 Surrender Charge (51.00) $33.29269211 (1.532) 42.790 1,424.59
Cumulative and Average Annual Total Returns
without/with charges 47.66% A 42.46% B
Seligman Small Cap Value
9-30-99 Purchase $1,000.00 $10.32761988 96.828 96.828 $1,000.00
9-30-00 Contract Fee (1.00) $12.97378387 (0.077) 96.751 1,255.22
9-30-00 Value before Surr Chg $12.97378387 0.000 96.751 1,255.22
9-30-00 Surrender Charge (51.00) $12.97378387 (3.931) 92.820 1,204.22
Cumulative and Average Annual Total Returns
without/with charges 25.62% A 20.42% B
Templeton Developing Markets Equity
9-30-99 Purchase $1,000.00 $9.59456054 104.226 104.226 $1,000.00
9-30-00 Contract Fee (1.00) $9.14482311 (0.109) 104.116 952.13
9-30-00 Value before Surr Chg $9.14482311 0.000 104.116 952.13
9-30-00 Surrender Charge (51.00) $9.14482311 (5.577) 98.539 901.13
Cumulative and Average Annual Total Returns
without/with charges -4.69% A -9.89% B
Templeton Global Growth
9-30-99 Purchase $1,000.00 $17.38520578 57.520 57.520 $1,000.00
9-30-00 Contract Fee (1.00) $18.43437517 (0.054) 57.466 1,059.35
9-30-00 Value before Surr Chg $18.43437517 0.000 57.466 1,059.35
9-30-00 Surrender Charge (51.00) $18.43437517 (2.767) 54.699 1,008.35
Cumulative and Average Annual Total Returns
without/with charges 6.03% A 0.83% B
Templeton Pacific Growth
9-30-99 Purchase $1,000.00 $9.87393610 101.277 101.277 $1,000.00
9-30-00 Contract Fee (1.00) $8.56106770 (0.117) 101.160 866.04
9-30-00 Value before Surr Chg $8.56106770 0.000 101.160 866.04
9-30-00 Surrender Charge (51.00) $8.56106770 (5.957) 95.203 815.04
Cumulative and Average Annual Total Returns
without/with charges -13.30% A -18.50% B
Van Kampen LIT Enterprise
9-30-99 Purchase $1,000.00 $39.68695611 25.197 25.197 $1,000.00
9-30-00 Contract Fee (1.00) $45.21050678 (0.022) 25.175 1,138.18
9-30-00 Value before Surr Chg $45.21050678 0.000 25.175 1,138.18
9-30-00 Surrender Charge (51.00) $45.21050678 (1.128) 24.047 1,087.18
Cumulative and Average Annual Total Returns
without/with charges 13.92% A 8.72% B
Van Kampen LIT Growth & Income
9-30-99 Purchase $1,000.00 $14.53371749 68.806 68.806 $1,000.00
9-30-00 Contract Fee (1.00) $17.05817231 (0.059) 68.747 1,172.70
9-30-00 Value before Surr Chg $17.05817231 0.000 68.747 1,172.70
9-30-00 Surrender Charge (51.00) $17.05817231 (2.990) 65.757 1,121.70
Cumulative and Average Annual Total Returns
without/with charges 17.37% A 12.17% B
Franklin Global Communications Securities Fund
9-30-99 Purchase $1,000.00 $29.46588298 33.938 33.938 $1,000.00
9-30-00 Contract Fee (1.00) $33.19476956 (0.030) 33.907 1,125.55
9-30-00 Value before Surr Chg $33.19476956 0.000 33.907 1,125.55
9-30-00 Surrender Charge (51.00) $33.19476956 (1.536) 32.371 1,074.55
Cumulative and Average Annual Total Returns
without/with charges 12.65% A 7.45% B
Franklin Global Health Care Securities Fund
9-30-99 Purchase $1,000.00 $8.05707460 124.115 124.115 $1,000.00
9-30-00 Contract Fee (1.00) $16.65597112 (0.060) 124.054 2,066.25
9-30-00 Value before Surr Chg $16.65597112 0.000 124.054 2,066.25
9-30-00 Surrender Charge (51.00) $16.65597112 (3.062) 120.993 2,015.25
Cumulative and Average Annual Total Returns
without/with charges 106.72% A 101.52% B
Franklin High Income Fund
9-30-99 Purchase $1,000.00 $20.57571924 48.601 48.601 $1,000.00
9-30-00 Contract Fee (1.00) $19.61842037 (0.051) 48.550 952.47
9-30-00 Value before Surr Chg $19.61842037 0.000 48.550 952.47
9-30-00 Surrender Charge (51.00) $19.61842037 (2.600) 45.950 901.47
Cumulative and Average Annual Total Returns
without/with charges -4.65% A -9.85% B
Franklin Income Securities Fund
9-30-99 Purchase $1,000.00 $24.60292945 40.646 40.646 $1,000.00
9-30-00 Contract Fee (1.00) $27.66683921 (0.036) 40.609 1,123.53
9-30-00 Value before Surr Chg $27.66683921 0.000 40.609 1,123.53
9-30-00 Surrender Charge (51.00) $27.66683921 (1.843) 38.766 1,072.53
Cumulative and Average Annual Total Returns
without/with charges 12.45% A 7.25% B
Franklin Large Cap Growth Securities Fund
9-30-99 Purchase $1,000.00 $16.46609903 60.731 60.731 $1,000.00
9-30-00 Contract Fee (1.00) $23.32945712 (0.043) 60.688 1,415.82
9-30-00 Value before Surr Chg $23.32945712 0.000 60.688 1,415.82
9-30-00 Surrender Charge (51.00) $23.32945712 (2.186) 58.502 1,364.82
Cumulative and Average Annual Total Returns
without/with charges 41.68% A 36.48% B
Franklin Natural Resources Securities Fund
9-30-99 Purchase $1,000.00 $10.96382418 91.209 91.209 $1,000.00
9-30-00 Contract Fee (1.00) $13.86356837 (0.072) 91.137 1,263.48
9-30-00 Value before Surr Chg $13.86356837 0.000 91.137 1,263.48
9-30-00 Surrender Charge (51.00) $13.86356837 (3.679) 87.458 1,212.48
Cumulative and Average Annual Total Returns
without/with charges 26.45% A 21.25% B
Franklin Value Securities Fund
9-30-99 Purchase $1,000.00 $7.40971481 134.958 134.958 $1,000.00
9-30-00 Contract Fee (1.00) $8.79940943 (0.114) 134.844 1,186.55
9-30-00 Value before Surr Chg $8.79940943 0.000 134.844 1,186.55
9-30-00 Surrender Charge (51.00) $8.79940943 (5.796) 129.048 1,135.55
Cumulative and Average Annual Total Returns
without/with charges 18.76% A 13.56% B
Templeton International Securities Fund
9-30-99 Purchase $1,000.00 $19.72936414 50.686 50.686 $1,000.00
9-30-00 Contract Fee (1.00) $21.13785306 (0.047) 50.639 1,070.39
9-30-00 Value before Surr Chg $21.13785306 0.000 50.639 1,070.39
9-30-00 Surrender Charge (51.00) $21.13785306 (2.413) 48.226 1,019.39
Cumulative and Average Annual Total Returns
without/with charges 7.14% A 1.94% B
Templeton International Smaller Companies Fund
9-30-99 Purchase $1,000.00 $10.79488173 92.636 92.636 $1,000.00
9-30-00 Contract Fee (1.00) $11.38881135 (0.088) 92.549 1,054.02
9-30-00 Value before Surr Chg $11.38881135 0.000 92.549 1,054.02
9-30-00 Surrender Charge (51.00) $11.38881135 (4.478) 88.071 1,003.02
Cumulative and Average Annual Total Returns
without/with charges 5.50% A 0.30% B
<FN>
A = (Unit Value as of September 30, 2000 - Unit Value at Purchase)/Unit Value at
Purchase B = (Accumulated Value as of September 30, 2000 - Accum. Value at
Purch.)/Accum. Value at Purch.
</FN>
</TABLE>
<TABLE>
<CAPTION>
Advantage
Preferred Life Variable Account C
Cumulative and Average Annual Total Return Calculations - HYPOTHETICAL
Original Purchase as of September 30, 1997
Valuation Date as of September 30, 2000
Dollar Units This Accum. Accum.
Date Transaction Amount Unit Value Trans. Units Value
AIM VI Capital Appreciation
<S> <C> <C> <C> <C> <C> <C>
9-30-97 Purchase $1,000.00 $22.63926863 44.171 44.171 $1,000.00
9-30-98 Contract Fee (1.00) $19.68074345 (0.051) 44.120 868.32
9-30-99 Contract Fee (1.00) $25.61499737 (0.039) 44.081 1,129.14
9-30-00 Contract Fee (1.00) $39.21591989 (0.025) 44.056 1,727.68
9-30-00 Value before Surr Chg $39.21591989 0.000 44.056 1,727.68
9-30-00 Surrender Charge (51.00) $39.21591989 (1.300) 42.755 1,676.68
Cumulative Total Returns without/with chrgs. 73.22% A 67.67% C
Avg. Annual Total Returns without/with chrgs. 20.10% B 18.80% D
AIM VI Growth
9-30-97 Purchase $1,000.00 $20.70607717 48.295 48.295 $1,000.00
9-30-98 Contract Fee (1.00) $21.09442438 (0.047) 48.248 1,017.76
9-30-99 Contract Fee (1.00) $29.31543535 (0.034) 48.213 1,413.40
9-30-00 Contract Fee (1.00) $36.19193969 (0.028) 48.186 1,743.94
9-30-00 Value before Surr Chg $36.19193969 0.000 48.186 1,743.94
9-30-00 Surrender Charge (51.00) $36.19193969 (1.409) 46.777 1,692.94
Cumulative Total Returns without/with chrgs. 74.79% A 69.29% C
Avg. Annual Total Returns without/with chrgs. 20.46% B 19.18% D
AIM VI International Equity
9-30-97 Purchase $1,000.00 $17.81898980 56.120 56.120 $1,000.00
9-30-98 Contract Fee (1.00) $16.63654881 (0.060) 56.060 932.64
9-30-99 Contract Fee (1.00) $20.19557960 (0.050) 56.010 1,131.16
9-30-00 Contract Fee (1.00) $23.41178398 (0.043) 55.968 1,310.30
9-30-00 Value before Surr Chg $23.41178398 0.000 55.968 1,310.30
9-30-00 Surrender Charge (51.00) $23.41178398 (2.178) 53.789 1,259.30
Cumulative Total Returns without/with chrgs. 31.39% A 25.93% C
Avg. Annual Total Returns without/with chrgs. 9.53% B 7.99% D
AIM VI Value
9-30-97 Purchase $1,000.00 $22.02440334 45.404 45.404 $1,000.00
9-30-98 Contract Fee (1.00) $22.26681839 (0.045) 45.359 1,010.01
9-30-99 Contract Fee (1.00) $30.73951074 (0.033) 45.327 1,393.32
9-30-00 Contract Fee (1.00) $33.33090667 (0.030) 45.297 1,509.78
9-30-00 Value before Surr Chg $33.33090667 0.000 45.297 1,509.78
9-30-00 Surrender Charge (51.00) $33.33090667 (1.530) 43.767 1,458.78
Cumulative Total Returns without/with chrgs. 51.34% A 45.88% C
Avg. Annual Total Returns without/with chrgs. 14.81% B 13.41% D
Alger American Growth
9-30-97 Purchase $1,000.00 $44.94600346 22.249 22.249 $1,000.00
9-30-98 Contract Fee (1.00) $50.27780703 (0.020) 22.229 1,117.63
9-30-99 Contract Fee (1.00) $68.57906649 (0.015) 22.214 1,523.45
9-30-00 Contract Fee (1.00) $82.11449196 (0.012) 22.202 1,823.13
9-30-00 Value before Surr Chg $82.11449196 0.000 22.202 1,823.13
9-30-00 Surrender Charge (51.00) $82.11449196 (0.621) 21.581 1,772.13
Cumulative Total Returns without/with chrgs. 82.70% A 77.21% C
Avg. Annual Total Returns without/with chrgs. 22.25% B 21.01% D
Alger American Leveraged AllCap
9-30-97 Purchase $1,000.00 $23.81293007 41.994 41.994 $1,000.00
9-30-98 Contract Fee (1.00) $26.46391879 (0.038) 41.956 1,110.33
9-30-99 Contract Fee (1.00) $43.70471864 (0.023) 41.933 1,832.68
9-30-00 Contract Fee (1.00) $58.11014658 (0.017) 41.916 2,435.75
9-30-00 Value before Surr Chg $58.11014658 0.000 41.916 2,435.75
9-30-00 Surrender Charge (51.00) $58.11014658 (0.878) 41.038 2,384.75
Cumulative Total Returns without/with chrgs. 144.03% A 138.48% C
Avg. Annual Total Returns without/with chrgs. 34.63% B 33.60% D
Alger American MidCap Growth
9-30-97 Purchase $1,000.00 $25.62166278 39.029 39.029 $1,000.00
9-30-98 Contract Fee (1.00) $24.00797505 (0.042) 38.988 936.02
9-30-99 Contract Fee (1.00) $31.54946011 (0.032) 38.956 1,229.04
9-30-00 Contract Fee (1.00) $47.47074590 (0.021) 38.935 1,848.28
9-30-00 Value before Surr Chg $47.47074590 0.000 38.935 1,848.28
9-30-00 Surrender Charge (51.00) $47.47074590 (1.074) 37.861 1,797.28
Cumulative Total Returns without/with chrgs. 85.28% A 79.73% C
Avg. Annual Total Returns without/with chrgs. 22.82% B 21.58% D
Alger American Small Capitalization
9-30-97 Purchase $1,000.00 $47.68337073 20.972 20.972 $1,000.00
9-30-98 Contract Fee (1.00) $40.81994753 (0.024) 20.947 855.06
9-30-99 Contract Fee (1.00) $54.86339707 (0.018) 20.929 1,148.23
9-30-00 Contract Fee (1.00) $64.30857212 (0.016) 20.913 1,344.91
9-30-00 Value before Surr Chg $64.30857212 0.000 20.913 1,344.91
9-30-00 Surrender Charge (51.00) $64.30857212 (0.793) 20.120 1,293.91
Cumulative Total Returns without/with chrgs. 34.87% A 29.39% C
Avg. Annual Total Returns without/with chrgs. 10.48% B 8.97% D
Franklin Growth & Income
9-30-97 Purchase $1,000.00 $23.53812957 42.484 42.484 $1,000.00
9-30-98 Contract Fee (1.00) $23.91218903 (0.042) 42.442 1,014.89
9-30-99 Contract Fee (1.00) $25.71098446 (0.039) 42.404 1,090.24
9-30-00 Contract Fee (1.00) $28.47494152 (0.035) 42.368 1,206.44
9-30-00 Value before Surr Chg $28.47494152 0.000 42.368 1,206.44
9-30-00 Surrender Charge (51.00) $28.47494152 (1.791) 40.577 1,155.44
Cumulative Total Returns without/with chrgs. 20.97% A 15.54% C
Avg. Annual Total Returns without/with chrgs. 6.55% B 4.93% D
Franklin Rising Dividends Securities
9-30-97 Purchase $1,000.00 $19.60482052 51.008 51.008 $1,000.00
9-30-98 Contract Fee (1.00) $17.68566228 (0.057) 50.951 901.11
9-30-99 Contract Fee (1.00) $19.01737975 (0.053) 50.899 967.96
9-30-00 Contract Fee (1.00) $19.52251708 (0.051) 50.848 992.67
9-30-00 Value before Surr Chg $19.52251708 0.000 50.848 992.67
9-30-00 Surrender Charge (51.00) $19.52251708 (2.612) 48.235 941.67
Cumulative Total Returns without/with chrgs. -0.42% A -5.83% C
Avg. Annual Total Returns without/with chrgs. -0.14% B -1.98% D
Franklin Small Cap
9-30-97 Purchase $1,000.00 $16.24296562 61.565 61.565 $1,000.00
9-30-98 Contract Fee (1.00) $11.74775498 (0.085) 61.480 722.25
9-30-99 Contract Fee (1.00) $17.61107699 (0.057) 61.423 1,081.73
9-30-00 Contract Fee (1.00) $29.96243834 (0.033) 61.390 1,839.39
9-30-00 Value before Surr Chg $29.96243834 0.000 61.390 1,839.39
9-30-00 Surrender Charge (51.00) $29.96243834 (1.702) 59.688 1,788.39
Cumulative Total Returns without/with chrgs. 84.46% A 78.84% C
Avg. Annual Total Returns without/with chrgs. 22.64% B 21.38% D
Franklin U.S. Government
9-30-97 Purchase $1,000.00 $17.44823084 57.312 57.312 $1,000.00
9-30-98 Contract Fee (1.00) $18.89032913 (0.053) 57.259 1,081.65
9-30-99 Contract Fee (1.00) $18.50224006 (0.054) 57.205 1,058.43
9-30-00 Contract Fee (1.00) $19.47391567 (0.051) 57.154 1,113.01
9-30-00 Value before Surr Chg $19.47391567 0.000 57.154 1,113.01
9-30-00 Surrender Charge (51.00) $19.47391567 (2.619) 54.535 1,062.01
Cumulative Total Returns without/with chrgs. 11.61% A 6.20% C
Avg. Annual Total Returns without/with chrgs. 3.73% B 2.03% D
JP Morgan International Opportunities
9-30-97 Purchase $1,000.00 $13.79555735 72.487 72.487 $1,000.00
9-30-98 Contract Fee (1.00) $10.96331276 (0.091) 72.396 793.70
9-30-99 Contract Fee (1.00) $15.18819053 (0.066) 72.330 1,098.56
9-30-00 Contract Fee (1.00) $15.66798633 (0.064) 72.266 1,132.27
9-30-00 Value before Surr Chg $15.66798633 0.000 72.266 1,132.27
9-30-00 Surrender Charge (51.00) $15.66798633 (3.255) 69.011 1,081.27
Cumulative Total Returns without/with chrgs. 13.57% A 8.13% C
Avg. Annual Total Returns without/with chrgs. 4.33% B 2.64% D
JP Morgan US Disciplined Equity
9-30-97 Purchase $1,000.00 $19.93917252 50.153 50.153 $1,000.00
9-30-98 Contract Fee (1.00) $19.84294998 (0.050) 50.102 994.17
9-30-99 Contract Fee (1.00) $25.06610064 (0.040) 50.062 1,254.87
9-30-00 Contract Fee (1.00) $25.81034019 (0.039) 50.023 1,291.12
9-30-00 Value before Surr Chg $25.81034019 0.000 50.023 1,291.12
9-30-00 Surrender Charge (51.00) $25.81034019 (1.976) 48.048 1,240.12
Cumulative Total Returns without/with chrgs. 29.45% A 24.01% C
Avg. Annual Total Returns without/with chrgs. 8.98% B 7.44% D
Mutual Discovery Securities
9-30-97 Purchase $1,000.00 $12.19367265 82.010 82.010 $1,000.00
9-30-98 Contract Fee (1.00) $10.36021479 (0.097) 81.913 848.64
9-30-99 Contract Fee (1.00) $11.97520444 (0.084) 81.830 979.93
9-30-00 Contract Fee (1.00) $14.66570689 (0.068) 81.762 1,199.09
9-30-00 Value before Surr Chg $14.66570689 0.000 81.762 1,199.09
9-30-00 Surrender Charge (51.00) $14.66570689 (3.478) 78.284 1,148.09
Cumulative Total Returns without/with chrgs. 20.27% A 14.81% C
Avg. Annual Total Returns without/with chrgs. 6.35% B 4.71% D
Mutual Shares Securities
9-30-97 Purchase $1,000.00 $11.95666790 83.635 83.635 $1,000.00
9-30-98 Contract Fee (1.00) $10.50011143 (0.095) 83.540 877.18
9-30-99 Contract Fee (1.00) $12.23769203 (0.082) 83.458 1,021.34
9-30-00 Contract Fee (1.00) $14.07024968 (0.071) 83.387 1,173.28
9-30-00 Value before Surr Chg $14.07024968 0.000 83.387 1,173.28
9-30-00 Surrender Charge (51.00) $14.07024968 (3.625) 79.763 1,122.28
Cumulative Total Returns without/with chrgs. 17.68% A 12.23% C
Avg. Annual Total Returns without/with chrgs. 5.58% B 3.92% D
Oppenheimer VA Global Securities
9-30-97 Purchase $1,000.00 $21.10374089 47.385 47.385 $1,000.00
9-30-98 Contract Fee (1.00) $19.21478155 (0.052) 47.333 909.49
9-30-99 Contract Fee (1.00) $26.41039940 (0.038) 47.295 1,249.08
9-30-00 Contract Fee (1.00) $38.79853540 (0.026) 47.269 1,833.98
9-30-00 Value before Surr Chg $38.79853540 0.000 47.269 1,833.98
9-30-00 Surrender Charge (51.00) $38.79853540 (1.314) 45.955 1,782.98
Cumulative Total Returns without/with chrgs. 83.85% A 78.30% C
Avg. Annual Total Returns without/with chrgs. 22.50% B 21.26% D
Oppenheimer VA High Income
9-30-97 Purchase $1,000.00 $35.83793249 27.903 27.903 $1,000.00
9-30-98 Contract Fee (1.00) $34.89215445 (0.029) 27.875 972.61
9-30-99 Contract Fee (1.00) $36.37074206 (0.027) 27.847 1,012.82
9-30-00 Contract Fee (1.00) $36.63640330 (0.027) 27.820 1,019.22
9-30-00 Value before Surr Chg $36.63640330 0.000 27.820 1,019.22
9-30-00 Surrender Charge (51.00) $36.63640330 (1.392) 26.428 968.22
Cumulative Total Returns without/with chrgs. 2.23% A -3.18% C
Avg. Annual Total Returns without/with chrgs. 0.74% B -1.07% D
Oppenheimer VA Main Street Growth & Income
9-30-97 Purchase $1,000.00 $20.70707529 48.293 48.293 $1,000.00
9-30-98 Contract Fee (1.00) $18.39111842 (0.054) 48.238 887.16
9-30-99 Contract Fee (1.00) $23.53759227 (0.042) 48.196 1,134.41
9-30-00 Contract Fee (1.00) $26.23127896 (0.038) 48.158 1,263.24
9-30-00 Value before Surr Chg $26.23127896 0.000 48.158 1,263.24
9-30-00 Surrender Charge (51.00) $26.23127896 (1.944) 46.213 1,212.24
Cumulative Total Returns without/with chrgs. 26.68% A 21.22% C
Avg. Annual Total Returns without/with chrgs. 8.20% B 6.63% D
Seligman Henderson Global Technology
9-30-97 Purchase $1,000.00 $13.24332590 75.510 75.510 $1,000.00
9-30-98 Contract Fee (1.00) $12.30980084 (0.081) 75.428 928.51
9-30-99 Contract Fee (1.00) $22.54698194 (0.044) 75.384 1,699.68
9-30-00 Contract Fee (1.00) $33.29269211 (0.030) 75.354 2,508.74
9-30-00 Value before Surr Chg $33.29269211 0.000 75.354 2,508.74
9-30-00 Surrender Charge (51.00) $33.29269211 (1.532) 73.822 2,457.74
Cumulative Total Returns without/with chrgs. 151.39% A 145.77% C
Avg. Annual Total Returns without/with chrgs. 35.97% B 34.95% D
Templeton Developing Markets Equity
9-30-97 Purchase $1,000.00 $13.50998521 74.019 74.019 $1,000.00
9-30-98 Contract Fee (1.00) $6.62401663 (0.151) 73.868 489.31
9-30-99 Contract Fee (1.00) $9.59456054 (0.104) 73.764 707.73
9-30-00 Contract Fee (1.00) $9.14482311 (0.109) 73.655 673.56
9-30-00 Value before Surr Chg $9.14482311 0.000 73.655 673.56
9-30-00 Surrender Charge (51.00) $9.14482311 (5.577) 68.078 622.56
Cumulative Total Returns without/with chrgs. -32.31% A -37.74% C
Avg. Annual Total Returns without/with chrgs. -12.20% B -14.61% D
Templeton Global Growth
9-30-97 Purchase $1,000.00 $16.27987781 61.426 61.426 $1,000.00
9-30-98 Contract Fee (1.00) $14.01499439 (0.071) 61.354 859.88
9-30-99 Contract Fee (1.00) $17.38520578 (0.058) 61.297 1,065.65
9-30-00 Contract Fee (1.00) $18.43437517 (0.054) 61.242 1,128.97
9-30-00 Value before Surr Chg $18.43437517 0.000 61.242 1,128.97
9-30-00 Surrender Charge (51.00) $18.43437517 (2.767) 58.476 1,077.97
Cumulative Total Returns without/with chrgs. 13.23% A 7.80% C
Avg. Annual Total Returns without/with chrgs. 4.23% B 2.53% D
Templeton Pacific Growth
9-30-97 Purchase $1,000.00 $13.20093712 75.752 75.752 $1,000.00
9-30-98 Contract Fee (1.00) $6.00900705 (0.166) 75.586 454.20
9-30-99 Contract Fee (1.00) $9.87393610 (0.101) 75.485 745.33
9-30-00 Contract Fee (1.00) $8.56106770 (0.117) 75.368 645.23
9-30-00 Value before Surr Chg $8.56106770 0.000 75.368 645.23
9-30-00 Surrender Charge (51.00) $8.56106770 (5.957) 69.410 594.23
Cumulative Total Returns without/with chrgs. -35.15% A -40.58% C
Avg. Annual Total Returns without/with chrgs. -13.44% B -15.93% D
Van Kampen LIT Enterprise
9-30-97 Purchase $1,000.00 $33.46733184 29.880 29.880 $1,000.00
9-30-98 Contract Fee (1.00) $31.58189009 (0.032) 29.848 942.66
9-30-99 Contract Fee (1.00) $39.68695611 (0.025) 29.823 1,183.59
9-30-00 Contract Fee (1.00) $45.21050678 (0.022) 29.801 1,347.31
9-30-00 Value before Surr Chg $45.21050678 0.000 29.801 1,347.31
9-30-00 Surrender Charge (51.00) $45.21050678 (1.128) 28.673 1,296.31
Cumulative Total Returns without/with chrgs. 35.09% A 29.63% C
Avg. Annual Total Returns without/with chrgs. 10.55% B 9.04% D
Van Kampen LIT Growth & Income
9-30-97 Purchase $1,000.00 $12.33478444 81.072 81.072 $1,000.00
9-30-98 Contract Fee (1.00) $12.41869066 (0.081) 80.991 1,005.80
9-30-99 Contract Fee (1.00) $14.53371749 (0.069) 80.922 1,176.10
9-30-00 Contract Fee (1.00) $17.05817231 (0.059) 80.864 1,379.39
9-30-00 Value before Surr Chg $17.05817231 0.000 80.864 1,379.39
9-30-00 Surrender Charge (51.00) $17.05817231 (2.990) 77.874 1,328.39
Cumulative Total Returns without/with chrgs. 38.29% A 32.84% C
Avg. Annual Total Returns without/with chrgs. 11.41% B 9.93% D
Franklin Global Communications Securities Fund
9-30-97 Purchase $1,000.00 $22.68155772 44.089 44.089 $1,000.00
9-30-98 Contract Fee (1.00) $25.77436253 (0.039) 44.050 1,135.36
9-30-99 Contract Fee (1.00) $29.46588298 (0.034) 44.016 1,296.97
9-30-00 Contract Fee (1.00) $33.19476956 (0.030) 43.986 1,460.10
9-30-00 Value before Surr Chg $33.19476956 0.000 43.986 1,460.10
9-30-00 Surrender Charge (51.00) $33.19476956 (1.536) 42.449 1,409.10
Cumulative Total Returns without/with chrgs. 46.35% A 40.91% C
Avg. Annual Total Returns without/with chrgs. 13.54% B 12.11% D
Franklin High Income Fund
9-30-97 Purchase $1,000.00 $20.92685563 47.785 47.785 $1,000.00
9-30-98 Contract Fee (1.00) $20.36785811 (0.049) 47.736 972.29
9-30-99 Contract Fee (1.00) $20.57571924 (0.049) 47.688 981.21
9-30-00 Contract Fee (1.00) $19.61842037 (0.051) 47.637 934.56
9-30-00 Value before Surr Chg $19.61842037 0.000 47.637 934.56
9-30-00 Surrender Charge (51.00) $19.61842037 (2.600) 45.037 883.56
Cumulative Total Returns without/with chrgs. -6.25% A -11.64% C
Avg. Annual Total Returns without/with chrgs. -2.13% B -4.04% D
Franklin Income Securities Fund
9-30-97 Purchase $1,000.00 $23.91118197 41.821 41.821 $1,000.00
9-30-98 Contract Fee (1.00) $24.34174326 (0.041) 41.780 1,017.01
9-30-99 Contract Fee (1.00) $24.60292945 (0.041) 41.740 1,026.92
9-30-00 Contract Fee (1.00) $27.66683921 (0.036) 41.704 1,153.81
9-30-00 Value before Surr Chg $27.66683921 0.000 41.704 1,153.81
9-30-00 Surrender Charge (51.00) $27.66683921 (1.843) 39.860 1,102.81
Cumulative Total Returns without/with chrgs. 15.71% A 10.28% C
Avg. Annual Total Returns without/with chrgs. 4.98% B 3.32% D
Franklin Large Cap Growth Securities Fund
9-30-97 Purchase $1,000.00 $13.45346367 74.330 74.330 $1,000.00
9-30-98 Contract Fee (1.00) $13.02515198 (0.077) 74.254 967.16
9-30-99 Contract Fee (1.00) $16.46609903 (0.061) 74.193 1,221.67
9-30-00 Contract Fee (1.00) $23.32945712 (0.043) 74.150 1,729.88
9-30-00 Value before Surr Chg $23.32945712 0.000 74.150 1,729.88
9-30-00 Surrender Charge (51.00) $23.32945712 (2.186) 71.964 1,678.88
Cumulative Total Returns without/with chrgs. 73.41% A 67.89% C
Avg. Annual Total Returns without/with chrgs. 20.14% B 18.85% D
Franklin Natural Resources Securities Fund
9-30-97 Purchase $1,000.00 $14.17269735 70.558 70.558 $1,000.00
9-30-98 Contract Fee (1.00) $8.49168426 (0.118) 70.440 598.16
9-30-99 Contract Fee (1.00) $10.96382418 (0.091) 70.349 771.30
9-30-00 Contract Fee (1.00) $13.86356837 (0.072) 70.277 974.29
9-30-00 Value before Surr Chg $13.86356837 0.000 70.277 974.29
9-30-00 Surrender Charge (51.00) $13.86356837 (3.679) 66.598 923.29
Cumulative Total Returns without/with chrgs. -2.18% A -7.67% C
Avg. Annual Total Returns without/with chrgs. -0.73% B -2.63% D
Templeton International Securities Fund
9-30-97 Purchase $1,000.00 $19.39474467 51.560 51.560 $1,000.00
9-30-98 Contract Fee (1.00) $16.42390977 (0.061) 51.499 845.82
9-30-99 Contract Fee (1.00) $19.72936414 (0.051) 51.449 1,015.05
9-30-00 Contract Fee (1.00) $21.13785306 (0.047) 51.401 1,086.52
9-30-00 Value before Surr Chg $21.13785306 0.000 51.401 1,086.52
9-30-00 Surrender Charge (51.00) $21.13785306 (2.413) 48.989 1,035.52
Cumulative Total Returns without/with chrgs. 8.99% A 3.55% C
Avg. Annual Total Returns without/with chrgs. 2.91% B 1.17% D
Templeton International Smaller Companies Fund
9-30-97 Purchase $1,000.00 $12.30670489 81.257 81.257 $1,000.00
9-30-98 Contract Fee (1.00) $8.74519003 (0.114) 81.142 709.60
9-30-99 Contract Fee (1.00) $10.79488173 (0.093) 81.050 874.92
9-30-00 Contract Fee (1.00) $11.38881135 (0.088) 80.962 922.06
9-30-00 Value before Surr Chg $11.38881135 0.000 80.962 922.06
9-30-00 Surrender Charge (51.00) $11.38881135 (4.478) 76.484 871.06
Cumulative Total Returns without/with chrgs. -7.46% A -12.89% C
Avg. Annual Total Returns without/with chrgs. -2.55% B -4.50% D
<FN>
A = (Unit Value as of September 30, 2000 - Unit Value at Purchase)/Unit Value at
Purchase B = [(A+1)^(1/3 Years)]-1 C = (Accumulated Value as of September 30,
2000 - Accum. Value at Purch.)/Accum. Value at Purch.
</FN>
</TABLE>
<TABLE>
<CAPTION>
Advantage
Preferred Life Variable Account C
Cumulative and Average Annual Total Return Calculations - HYPOTHETICAL
Original Purchase as of September 30, 1995
Valuation Date as of September 30, 2000
Dollar Units This Accum. Accum.
Date Transaction Amount Unit Value Trans. Units Value
AIM VI Capital Appreciation
<S> <C> <C> <C> <C> <C> <C>
9-30-95 Purchase $1,000.00 $16.65008469 60.060 60.060 $1,000.00
9-30-96 Contract Fee (1.00) $18.38072512 (0.054) 60.005 $1,102.94
9-30-97 Contract Fee (1.00) $22.63926863 (0.044) 59.961 $1,357.48
9-30-98 Contract Fee (1.00) $19.68074345 (0.051) 59.910 1,179.08
9-30-99 Contract Fee (1.00) $25.61499737 (0.039) 59.871 1,533.60
9-30-00 Contract Fee (1.00) $39.21591989 (0.025) 59.846 2,346.91
9-30-00 Value before Surr Chg $39.21591989 0.000 59.846 2,346.91
9-30-00 Surrender Charge (34.00) $39.21591989 (0.867) 58.979 2,312.91
Cumulative Total Returns without/with chrgs. 135.53% A 131.29% C
Avg. Annual Total Returns without/with chrgs. 18.69% B 18.26% D
AIM VI Growth
9-30-95 Purchase $1,000.00 $14.23932732 70.228 70.228 $1,000.00
9-30-96 Contract Fee (1.00) $15.67871829 (0.064) 70.164 $1,100.09
9-30-97 Contract Fee (1.00) $20.70607717 (0.048) 70.116 $1,451.83
9-30-98 Contract Fee (1.00) $21.09442438 (0.047) 70.069 1,478.06
9-30-99 Contract Fee (1.00) $29.31543535 (0.034) 70.034 2,053.09
9-30-00 Contract Fee (1.00) $36.19193969 (0.028) 70.007 2,533.68
9-30-00 Value before Surr Chg $36.19193969 0.000 70.007 2,533.68
9-30-00 Surrender Charge (34.00) $36.19193969 (0.939) 69.067 2,499.68
Cumulative Total Returns without/with chrgs. 154.17% A 149.97% C
Avg. Annual Total Returns without/with chrgs. 20.51% B 20.11% D
AIM VI International Equity
9-30-95 Purchase $1,000.00 $12.86309987 77.742 77.742 $1,000.00
9-30-96 Contract Fee (1.00) $14.75820650 (0.068) 77.674 $1,146.33
9-30-97 Contract Fee (1.00) $17.81898980 (0.056) 77.618 $1,383.07
9-30-98 Contract Fee (1.00) $16.63654881 (0.060) 77.558 1,290.29
9-30-99 Contract Fee (1.00) $20.19557960 (0.050) 77.508 1,565.32
9-30-00 Contract Fee (1.00) $23.41178398 (0.043) 77.466 1,813.61
9-30-00 Value before Surr Chg $23.41178398 0.000 77.466 1,813.61
9-30-00 Surrender Charge (34.00) $23.41178398 (1.452) 76.013 1,779.61
Cumulative Total Returns without/with chrgs. 82.01% A 77.96% C
Avg. Annual Total Returns without/with chrgs. 12.72% B 12.22% D
AIM VI Value
9-30-95 Purchase $1,000.00 $15.93868669 62.740 62.740 $1,000.00
9-30-96 Contract Fee (1.00) $16.57905065 (0.060) 62.680 $1,039.18
9-30-97 Contract Fee (1.00) $22.02440334 (0.045) 62.635 $1,379.49
9-30-98 Contract Fee (1.00) $22.26681839 (0.045) 62.590 1,393.68
9-30-99 Contract Fee (1.00) $30.73951074 (0.033) 62.557 1,922.98
9-30-00 Contract Fee (1.00) $33.33090667 (0.030) 62.527 2,084.09
9-30-00 Value before Surr Chg $33.33090667 0.000 62.527 2,084.09
9-30-00 Surrender Charge (34.00) $33.33090667 (1.020) 61.507 2,050.09
Cumulative Total Returns without/with chrgs. 109.12% A 105.01% C
Avg. Annual Total Returns without/with chrgs. 15.90% B 15.44% D
Alger American Growth
9-30-95 Purchase $1,000.00 $32.95547669 30.344 30.344 $1,000.00
9-30-96 Contract Fee (1.00) $33.83003633 (0.030) 30.314 1,025.54
9-30-97 Contract Fee (1.00) $44.94600346 (0.022) 30.292 1,361.51
9-30-98 Contract Fee (1.00) $50.27780703 (0.020) 30.272 1,522.02
9-30-99 Contract Fee (1.00) $68.57906649 (0.015) 30.258 2,075.04
9-30-00 Contract Fee (1.00) $82.11449196 (0.012) 30.246 2,483.59
9-30-00 Value before Surr Chg $82.11449196 0.000 30.246 2,483.59
9-30-00 Surrender Charge (34.00) $82.11449196 (0.414) 29.831 2,449.59
Cumulative Total Returns without/with chrgs. 149.17% A 144.96% C
Avg. Annual Total Returns without/with chrgs. 20.03% B 19.62% D
Alger American Leveraged AllCap
9-30-95 Purchase $1,000.00 $32.95547669 30.344 30.344 $1,000.00
9-30-96 Contract Fee (1.00) $33.83003633 (0.030) 30.314 1,025.54
9-30-97 Contract Fee (1.00) $44.94600346 (0.022) 30.292 1,361.51
9-30-98 Contract Fee (1.00) $50.27780703 (0.020) 30.272 1,522.02
9-30-99 Contract Fee (1.00) $68.57906649 (0.015) 30.258 2,075.04
9-30-00 Contract Fee (1.00) $82.11449196 (0.012) 30.246 2,483.59
9-30-00 Value before Surr Chg $82.11449196 0.000 30.246 2,483.59
9-30-00 Surrender Charge (34.00) $82.11449196 (0.414) 29.831 2,449.59
Cumulative Total Returns without/with chrgs. 149.17% A 144.96% C
Avg. Annual Total Returns without/with chrgs. 20.03% B 19.62% D
Alger American MidCap Growth
9-30-95 Purchase $1,000.00 $20.09319927 49.768 49.768 $1,000.00
9-30-96 Contract Fee (1.00) $20.62981920 (0.048) 49.720 1,025.71
9-30-97 Contract Fee (1.00) $25.62166278 (0.039) 49.681 1,272.90
9-30-98 Contract Fee (1.00) $24.00797505 (0.042) 49.639 1,191.73
9-30-99 Contract Fee (1.00) $31.54946011 (0.032) 49.607 1,565.08
9-30-00 Contract Fee (1.00) $47.47074590 (0.021) 49.586 2,353.89
9-30-00 Value before Surr Chg $47.47074590 0.000 49.586 2,353.89
9-30-00 Surrender Charge (34.00) $47.47074590 (0.716) 48.870 2,319.89
Cumulative Total Returns without/with chrgs. 136.25% A 131.99% C
Avg. Annual Total Returns without/with chrgs. 18.76% B 18.33% D
Alger American Small Capitalization
9-30-95 Purchase $1,000.00 $43.13902856 23.181 23.181 $1,000.00
9-30-96 Contract Fee (1.00) $42.27333663 (0.024) 23.157 978.93
9-30-97 Contract Fee (1.00) $47.68337073 (0.021) 23.136 1,103.21
9-30-98 Contract Fee (1.00) $40.81994753 (0.024) 23.112 943.42
9-30-99 Contract Fee (1.00) $54.86339707 (0.018) 23.094 1,266.99
9-30-00 Contract Fee (1.00) $64.30857212 (0.016) 23.078 1,484.11
9-30-00 Value before Surr Chg $64.30857212 0.000 23.078 1,484.11
9-30-00 Surrender Charge (34.00) $64.30857212 (0.529) 22.549 1,450.11
Cumulative Total Returns without/with chrgs. 49.07% A 45.01% C
Avg. Annual Total Returns without/with chrgs. 8.31% B 7.72% D
Franklin Growth & Income
9-30-95 Purchase $1,000.00 $16.06727515 62.238 62.238 $1,000.00
9-30-96 Contract Fee (1.00) $17.99590776 (0.056) 62.183 1,119.03
9-30-97 Contract Fee (1.00) $23.53812957 (0.042) 62.140 1,462.67
9-30-98 Contract Fee (1.00) $23.91218903 (0.042) 62.098 1,484.91
9-30-99 Contract Fee (1.00) $25.71098446 (0.039) 62.060 1,595.61
9-30-00 Contract Fee (1.00) $28.47494152 (0.035) 62.024 1,766.14
9-30-00 Value before Surr Chg $28.47494152 0.000 62.024 1,766.14
9-30-00 Surrender Charge (34.00) $28.47494152 (1.194) 60.830 1,732.14
Cumulative Total Returns without/with chrgs. 77.22% A 73.21% C
Avg. Annual Total Returns without/with chrgs. 12.13% B 11.61% D
Franklin Rising Dividends Securities
9-30-95 Purchase $1,000.00 $11.76021472 85.032 85.032 $1,000.00
9-30-96 Contract Fee (1.00) $13.75349501 (0.073) 84.960 1,168.49
9-30-97 Contract Fee (1.00) $19.60482052 (0.051) 84.909 1,664.62
9-30-98 Contract Fee (1.00) $17.68566228 (0.057) 84.852 1,500.67
9-30-99 Contract Fee (1.00) $19.01737975 (0.053) 84.800 1,612.67
9-30-00 Contract Fee (1.00) $19.52251708 (0.051) 84.748 1,654.50
9-30-00 Value before Surr Chg $19.52251708 0.000 84.748 1,654.50
9-30-00 Surrender Charge (34.00) $19.52251708 (1.742) 83.007 1,620.50
Cumulative Total Returns without/with chrgs. 66.00% A 62.05% C
Avg. Annual Total Returns without/with chrgs. 10.67% B 10.14% D
Franklin U.S. Government
9-30-95 Purchase $1,000.00 $15.61931137 64.023 64.023 $1,000.00
9-30-96 Contract Fee (1.00) $16.10244905 (0.062) 63.961 1,029.93
9-30-97 Contract Fee (1.00) $17.44823084 (0.057) 63.904 1,115.01
9-30-98 Contract Fee (1.00) $18.89032913 (0.053) 63.851 1,206.17
9-30-99 Contract Fee (1.00) $18.50224006 (0.054) 63.797 1,180.39
9-30-00 Contract Fee (1.00) $19.47391567 (0.051) 63.746 1,241.38
9-30-00 Value before Surr Chg $19.47391567 0.000 63.746 1,241.38
9-30-00 Surrender Charge (34.00) $19.47391567 (1.746) 62.000 1,207.38
Cumulative Total Returns without/with chrgs. 24.68% A 20.74% C
Avg. Annual Total Returns without/with chrgs. 4.51% B 3.84% D
JP Morgan International Opportunities
9-30-95 Purchase $1,000.00 $10.63259436 94.050 94.050 $1,000.00
9-30-96 Contract Fee (1.00) $11.73815706 (0.085) 93.965 1,102.98
9-30-97 Contract Fee (1.00) $13.79555735 (0.072) 93.893 1,295.30
9-30-98 Contract Fee (1.00) $10.96331276 (0.091) 93.802 1,028.38
9-30-99 Contract Fee (1.00) $15.18819053 (0.066) 93.736 1,423.68
9-30-00 Contract Fee (1.00) $15.66798633 (0.064) 93.672 1,467.65
9-30-00 Value before Surr Chg $15.66798633 0.000 93.672 1,467.65
9-30-00 Surrender Charge (34.00) $15.66798633 (2.170) 91.502 1,433.65
Cumulative Total Returns without/with chrgs. 47.36% A 43.36% C
Avg. Annual Total Returns without/with chrgs. 8.06% B 7.47% D
JP Morgan US Disciplined Equity
9-30-95 Purchase $1,000.00 $12.64042354 79.111 79.111 $1,000.00
9-30-96 Contract Fee (1.00) $14.62712050 (0.068) 79.043 1,156.17
9-30-97 Contract Fee (1.00) $19.93917252 (0.050) 78.993 1,575.05
9-30-98 Contract Fee (1.00) $19.84294998 (0.050) 78.942 1,566.45
9-30-99 Contract Fee (1.00) $25.06610064 (0.040) 78.902 1,977.78
9-30-00 Contract Fee (1.00) $25.81034019 (0.039) 78.864 2,035.50
9-30-00 Value before Surr Chg $25.81034019 0.000 78.864 2,035.50
9-30-00 Surrender Charge (34.00) $25.81034019 (1.317) 77.546 2,001.50
Cumulative Total Returns without/with chrgs. 104.19% A 100.15% C
Avg. Annual Total Returns without/with chrgs. 15.35% B 14.89% D
Oppenheimer VA Global Securities
9-30-95 Purchase $1,000.00 $15.28834933 65.409 65.409 $1,000.00
9-30-96 Contract Fee (1.00) $16.20169495 (0.062) 65.348 1,058.74
9-30-97 Contract Fee (1.00) $21.10374089 (0.047) 65.300 1,378.08
9-30-98 Contract Fee (1.00) $19.21478155 (0.052) 65.248 1,253.73
9-30-99 Contract Fee (1.00) $26.41039940 (0.038) 65.210 1,722.23
9-30-00 Contract Fee (1.00) $38.79853540 (0.026) 65.184 2,529.06
9-30-00 Value before Surr Chg $38.79853540 0.000 65.184 2,529.06
9-30-00 Surrender Charge (34.00) $38.79853540 (0.876) 64.308 2,495.06
Cumulative Total Returns without/with chrgs. 153.78% A 149.51% C
Avg. Annual Total Returns without/with chrgs. 20.47% B 20.06% D
Oppenheimer VA High Income
9-30-95 Purchase $1,000.00 $27.77134685 36.008 36.008 $1,000.00
9-30-96 Contract Fee (1.00) $31.64670520 (0.032) 35.977 1,138.55
9-30-97 Contract Fee (1.00) $35.83793249 (0.028) 35.949 1,288.33
9-30-98 Contract Fee (1.00) $34.89215445 (0.029) 35.920 1,253.33
9-30-99 Contract Fee (1.00) $36.37074206 (0.027) 35.893 1,305.44
9-30-00 Contract Fee (1.00) $36.63640330 (0.027) 35.865 1,313.98
9-30-00 Value before Surr Chg $36.63640330 0.000 35.865 1,313.98
9-30-00 Surrender Charge (34.00) $36.63640330 (0.928) 34.937 1,279.98
Cumulative Total Returns without/with chrgs. 31.92% A 28.00% C
Avg. Annual Total Returns without/with chrgs. 5.70% B 5.06% D
Oppenheimer VA Main Street Growth & Income
9-30-95 Purchase $1,000.00 $10.81197438 92.490 92.490 $1,000.00
9-30-96 Contract Fee (1.00) $15.22174837 (0.066) 92.424 1,406.86
9-30-97 Contract Fee (1.00) $20.70707529 (0.048) 92.376 1,912.84
9-30-98 Contract Fee (1.00) $18.39111842 (0.054) 92.322 1,697.90
9-30-99 Contract Fee (1.00) $23.53759227 (0.042) 92.279 2,172.03
9-30-00 Contract Fee (1.00) $26.23127896 (0.038) 92.241 2,419.60
9-30-00 Value before Surr Chg $26.23127896 0.000 92.241 2,419.60
9-30-00 Surrender Charge (34.00) $26.23127896 (1.296) 90.945 2,385.60
Cumulative Total Returns without/with chrgs. 142.61% A 138.56% C
Avg. Annual Total Returns without/with chrgs. 19.39% B 18.99% D
Templeton Developing Markets Equity
9-30-95 Purchase $1,000.00 $9.86694826 101.348 101.348 $1,000.00
9-30-96 Contract Fee (1.00) $10.77702435 (0.093) 101.256 1,091.23
9-30-97 Contract Fee (1.00) $13.50998521 (0.074) 101.182 1,366.96
9-30-98 Contract Fee (1.00) $6.62401663 (0.151) 101.031 669.23
9-30-99 Contract Fee (1.00) $9.59456054 (0.104) 100.926 968.35
9-30-00 Contract Fee (1.00) $9.14482311 (0.109) 100.817 921.95
9-30-00 Value before Surr Chg $9.14482311 0.000 100.817 921.95
9-30-00 Surrender Charge (34.00) $9.14482311 (3.718) 97.099 887.95
Cumulative Total Returns without/with chrgs. -7.32% A -11.20% C
Avg. Annual Total Returns without/with chrgs. -1.51% B -2.35% D
Templeton Global Growth
9-30-95 Purchase $1,000.00 $11.35313989 88.081 88.081 $1,000.00
9-30-96 Contract Fee (1.00) $12.50397253 (0.080) 88.001 1,100.37
9-30-97 Contract Fee (1.00) $16.27987781 (0.061) 87.940 1,431.65
9-30-98 Contract Fee (1.00) $14.01499439 (0.071) 87.869 1,231.48
9-30-99 Contract Fee (1.00) $17.38520578 (0.058) 87.811 1,526.61
9-30-00 Contract Fee (1.00) $18.43437517 (0.054) 87.757 1,617.74
9-30-00 Value before Surr Chg $18.43437517 0.000 87.757 1,617.74
9-30-00 Surrender Charge (34.00) $18.43437517 (1.844) 85.912 1,583.74
Cumulative Total Returns without/with chrgs. 62.37% A 58.37% C
Avg. Annual Total Returns without/with chrgs. 10.18% B 9.63% D
Templeton Pacific Growth
9-30-95 Purchase $1,000.00 $13.51540299 73.990 73.990 $1,000.00
9-30-96 Contract Fee (1.00) $14.81034174 (0.068) 73.922 1,094.81
9-30-97 Contract Fee (1.00) $13.20093712 (0.076) 73.846 974.84
9-30-98 Contract Fee (1.00) $6.00900705 (0.166) 73.680 442.74
9-30-99 Contract Fee (1.00) $9.87393610 (0.101) 73.579 726.51
9-30-00 Contract Fee (1.00) $8.56106770 (0.117) 73.462 628.91
9-30-00 Value before Surr Chg $8.56106770 0.000 73.462 628.91
9-30-00 Surrender Charge (34.00) $8.56106770 (3.971) 69.490 594.91
Cumulative Total Returns without/with chrgs. -36.66% A -40.51% C
Avg. Annual Total Returns without/with chrgs. -8.73% B -9.87% D
Van Kampen LIT Enterprise
9-30-95 Purchase $1,000.00 $20.18034302 49.553 49.553 $1,000.00
9-30-96 Contract Fee (1.00) $24.51780133 (0.041) 49.512 1,213.93
9-30-97 Contract Fee (1.00) $33.46733184 (0.030) 49.483 1,656.05
9-30-98 Contract Fee (1.00) $31.58189009 (0.032) 49.451 1,561.75
9-30-99 Contract Fee (1.00) $39.68695611 (0.025) 49.426 1,961.55
9-30-00 Contract Fee (1.00) $45.21050678 (0.022) 49.404 2,233.56
9-30-00 Value before Surr Chg $45.21050678 0.000 49.404 2,233.56
9-30-00 Surrender Charge (34.00) $45.21050678 (0.752) 48.651 2,199.56
Cumulative Total Returns without/with chrgs. 124.03% A 119.96% C
Avg. Annual Total Returns without/with chrgs. 17.51% B 17.08% D
Franklin Global Communications Securities Fund
9-30-95 Purchase $1,000.00 $17.90165113 55.861 55.861 $1,000.00
9-30-96 Contract Fee (1.00) $19.56116280 (0.051) 55.810 1,091.70
9-30-97 Contract Fee (1.00) $22.68155772 (0.044) 55.766 1,264.85
9-30-98 Contract Fee (1.00) $25.77436253 (0.039) 55.727 1,436.32
9-30-99 Contract Fee (1.00) $29.46588298 (0.034) 55.693 1,641.04
9-30-00 Contract Fee (1.00) $33.19476956 (0.030) 55.663 1,847.71
9-30-00 Value before Surr Chg $33.19476956 0.000 55.663 1,847.71
9-30-00 Surrender Charge (34.00) $33.19476956 (1.024) 54.638 1,813.71
Cumulative Total Returns without/with chrgs. 85.43% A 81.37% C
Avg. Annual Total Returns without/with chrgs. 13.14% B 12.65% D
Franklin High Income Fund
9-30-95 Purchase $1,000.00 $16.74221226 59.729 59.729 $1,000.00
9-30-96 Contract Fee (1.00) $18.51829760 (0.054) 59.675 1,105.08
9-30-97 Contract Fee (1.00) $20.92685563 (0.048) 59.627 1,247.82
9-30-98 Contract Fee (1.00) $20.36785811 (0.049) 59.578 1,213.48
9-30-99 Contract Fee (1.00) $20.57571924 (0.049) 59.530 1,224.87
9-30-00 Contract Fee (1.00) $19.61842037 (0.051) 59.479 1,166.88
9-30-00 Value before Surr Chg $19.61842037 0.000 59.479 1,166.88
9-30-00 Surrender Charge (34.00) $19.61842037 (1.733) 57.746 1,132.88
Cumulative Total Returns without/with chrgs. 17.18% A 13.29% C
Avg. Annual Total Returns without/with chrgs. 3.22% B 2.53% D
Franklin Income Securities Fund
9-30-95 Purchase $1,000.00 $18.92064395 52.852 52.852 $1,000.00
9-30-96 Contract Fee (1.00) $20.56625705 (0.049) 52.804 1,085.97
9-30-97 Contract Fee (1.00) $23.91118197 (0.042) 52.762 1,261.60
9-30-98 Contract Fee (1.00) $24.34174326 (0.041) 52.721 1,283.32
9-30-99 Contract Fee (1.00) $24.60292945 (0.041) 52.680 1,296.09
9-30-00 Contract Fee (1.00) $27.66683921 (0.036) 52.644 1,456.49
9-30-00 Value before Surr Chg $27.66683921 0.000 52.644 1,456.49
9-30-00 Surrender Charge (34.00) $27.66683921 (1.229) 51.415 1,422.49
Cumulative Total Returns without/with chrgs. 46.23% A 42.25% C
Avg. Annual Total Returns without/with chrgs. 7.90% B 7.30% D
Franklin Natural Resources Securities Fund
9-30-95 Purchase $1,000.00 $14.30299298 69.915 69.915 $1,000.00
9-30-96 Contract Fee (1.00) $14.44871469 (0.069) 69.846 1,009.19
9-30-97 Contract Fee (1.00) $14.17269735 (0.071) 69.776 988.91
9-30-98 Contract Fee (1.00) $8.49168426 (0.118) 69.658 591.51
9-30-99 Contract Fee (1.00) $10.96382418 (0.091) 69.567 762.72
9-30-00 Contract Fee (1.00) $13.86356837 (0.072) 69.495 963.44
9-30-00 Value before Surr Chg $13.86356837 0.000 69.495 963.44
9-30-00 Surrender Charge (34.00) $13.86356837 (2.452) 67.042 929.44
Cumulative Total Returns without/with chrgs. -3.07% A -7.06% C
Avg. Annual Total Returns without/with chrgs. -0.62% B -1.45% D
Templeton International Securities Fund
9-30-95 Purchase $1,000.00 $13.46442393 74.270 74.270 $1,000.00
9-30-96 Contract Fee (1.00) $14.80159719 (0.068) 74.202 1,098.31
9-30-97 Contract Fee (1.00) $19.39474467 (0.052) 74.151 1,438.13
9-30-98 Contract Fee (1.00) $16.42390977 (0.061) 74.090 1,216.84
9-30-99 Contract Fee (1.00) $19.72936414 (0.051) 74.039 1,460.74
9-30-00 Contract Fee (1.00) $21.13785306 (0.047) 73.992 1,564.03
9-30-00 Value before Surr Chg $21.13785306 0.000 73.992 1,564.03
9-30-00 Surrender Charge (34.00) $21.13785306 (1.608) 72.383 1,530.03
Cumulative Total Returns without/with chrgs. 56.99% A 53.00% C
Avg. Annual Total Returns without/with chrgs. 9.44% B 8.88% D
<FN>
A = (Unit Value as of September 30, 2000 - Unit Value at Purchase)/Unit Value at
Purchase B = [(A+1)^(1/5 Years)]-1 C = (Accumulated Value as of September 30,
2000 - Accum. Value at Purch.)/Accum. Value at Purch.
D = [(C+1)^(1/5 Years)]-1
</FN>
</TABLE>
<TABLE>
<CAPTION>
Advantage
Preferred Life Variable Account C
Cumulative and Average Annual Total Return Calculations - HYPOTHETICAL
Original Purchase as of September 30, 1990
Valuation Date as of September 30, 2000
Dollar Units This Accum. Accum.
Date Transaction Amount Unit Value Trans. Units Value
Alger American Growth
<S> <C> <C> <C> <C> <C> <C>
9-30-90 Purchase $1,000.00 $11.23115795 89.038 89.038 $1,000.00
9-30-91 Contract Fee (1.00) $16.12094639 (0.062) 88.976 1,434.38
9-30-92 Contract Fee (1.00) $16.95503947 (0.059) 88.917 1,507.59
9-30-93 Contract Fee (1.00) $22.06711340 (0.045) 88.872 1,961.14
9-30-94 Contract Fee (1.00) $22.65532742 (0.044) 88.828 2,012.42
9-30-95 Contract Fee (1.00) $32.95547669 (0.030) 88.797 2,926.35
9-30-96 Contract Fee (1.00) $33.83003633 (0.030) 88.768 3,003.01
9-30-97 Contract Fee (1.00) $44.94600346 (0.022) 88.745 3,988.75
9-30-98 Contract Fee (1.00) $50.27780703 (0.020) 88.726 4,460.92
9-30-99 Contract Fee (1.00) $68.57906649 (0.015) 88.711 6,083.71
9-30-00 Contract Fee (1.00) $82.11449196 (0.012) 88.699 7,283.45
9-30-00 Value before Surr Chg $82.11449196 0.000 88.699 7,283.45
9-30-00 Surrender Charge $82.11449196 0.000 88.699 7,283.45
Cumulative Total Returns without/with chrgs. 631.13% A 628.35%
Avg. Annual Total Returns without/with chrgs. 22.01% B 21.96%
Alger American Small Capitalization
9-30-90 Purchase $1,000.00 $14.24811663 70.185 70.185 $1,000.00
9-30-91 Contract Fee (1.00) $22.00614919 (0.045) 70.139 1,543.50
9-30-92 Contract Fee (1.00) $22.27738429 (0.045) 70.094 1,561.52
9-30-93 Contract Fee (1.00) $28.95356822 (0.035) 70.060 2,028.48
9-30-94 Contract Fee (1.00) $27.11123644 (0.037) 70.023 1,898.41
9-30-95 Contract Fee (1.00) $43.13902856 (0.023) 70.000 3,019.72
9-30-96 Contract Fee (1.00) $42.27333663 (0.024) 69.976 2,958.12
9-30-97 Contract Fee (1.00) $47.68337073 (0.021) 69.955 3,335.70
9-30-98 Contract Fee (1.00) $40.81994753 (0.024) 69.931 2,854.57
9-30-99 Contract Fee (1.00) $54.86339707 (0.018) 69.912 3,835.63
9-30-00 Contract Fee (1.00) $64.30857212 (0.016) 69.897 4,494.97
9-30-00 Value before Surr Chg $64.30857212 0.000 69.897 4,494.97
9-30-00 Surrender Charge $64.30857212 0.000 69.897 4,494.97
Cumulative Total Returns without/with chrgs. 351.35% A 349.50%
Avg. Annual Total Returns without/with chrgs. 16.27% B 16.22%
Franklin Growth & Income
9-30-90 Purchase $1,000.00 $9.13360543 109.486 109.486 $1,000.00
9-30-91 Contract Fee (1.00) $11.11307938 (0.090) 109.396 1,215.72
9-30-92 Contract Fee (1.00) $11.77981877 (0.085) 109.311 1,287.66
9-30-93 Contract Fee (1.00) $12.98367595 (0.077) 109.234 1,418.26
9-30-94 Contract Fee (1.00) $13.30137398 (0.075) 109.159 1,451.96
9-30-95 Contract Fee (1.00) $16.06727515 (0.062) 109.096 1,752.88
9-30-96 Contract Fee (1.00) $17.99590776 (0.056) 109.041 1,962.29
9-30-97 Contract Fee (1.00) $23.53812957 (0.042) 108.998 2,565.62
9-30-98 Contract Fee (1.00) $23.91218903 (0.042) 108.957 2,605.39
9-30-99 Contract Fee (1.00) $25.71098446 (0.039) 108.918 2,800.38
9-30-00 Contract Fee (1.00) $28.47494152 (0.035) 108.883 3,100.43
9-30-00 Value before Surr Chg $28.47494152 0.000 108.883 3,100.43
9-30-00 Surrender Charge $28.47494152 0.000 108.883 3,100.43
Cumulative Total Returns without/with chrgs. 211.76% A 210.04%
Avg. Annual Total Returns without/with chrgs. 12.04% B 11.98%
Franklin U.S. Government
9-30-90 Purchase $1,000.00 $10.72937314 93.202 93.202 $1,000.00
9-30-91 Contract Fee (1.00) $12.17838777 (0.082) 93.120 1,134.05
9-30-92 Contract Fee (1.00) $13.53894292 (0.074) 93.046 1,259.75
9-30-93 Contract Fee (1.00) $14.66831622 (0.068) 92.978 1,363.83
9-30-94 Contract Fee (1.00) $13.70372342 (0.073) 92.905 1,273.14
9-30-95 Contract Fee (1.00) $15.61931137 (0.064) 92.841 1,450.11
9-30-96 Contract Fee (1.00) $16.10244905 (0.062) 92.779 1,493.97
9-30-97 Contract Fee (1.00) $17.44823084 (0.057) 92.722 1,617.83
9-30-98 Contract Fee (1.00) $18.89032913 (0.053) 92.669 1,750.54
9-30-99 Contract Fee (1.00) $18.50224006 (0.054) 92.615 1,713.58
9-30-00 Contract Fee (1.00) $19.47391567 (0.051) 92.563 1,802.57
9-30-00 Value before Surr Chg $19.47391567 0.000 92.563 1,802.57
9-30-00 Surrender Charge $19.47391567 0.000 92.563 1,802.57
Cumulative Total Returns without/with chrgs. 81.50% A 80.26%
Avg. Annual Total Returns without/with chrgs. 6.14% B 6.07%
Oppenheimer VA High Income
9-30-90 Purchase $1,000.00 $13.43652801 74.424 74.424 $1,000.00
9-30-91 Contract Fee (1.00) $17.00806845 (0.059) 74.365 1,264.81
9-30-92 Contract Fee (1.00) $20.40592115 (0.049) 74.316 1,516.49
9-30-93 Contract Fee (1.00) $24.24592048 (0.041) 74.275 1,800.86
9-30-94 Contract Fee (1.00) $25.08758134 (0.040) 74.235 1,862.38
9-30-95 Contract Fee (1.00) $27.77134685 (0.036) 74.199 2,060.61
9-30-96 Contract Fee (1.00) $31.64670520 (0.032) 74.167 2,347.16
9-30-97 Contract Fee (1.00) $35.83793249 (0.028) 74.140 2,657.01
9-30-98 Contract Fee (1.00) $34.89215445 (0.029) 74.111 2,585.89
9-30-99 Contract Fee (1.00) $36.37074206 (0.027) 74.083 2,694.47
9-30-00 Contract Fee (1.00) $36.63640330 (0.027) 74.056 2,713.15
9-30-00 Value before Surr Chg $36.63640330 0.000 74.056 2,713.15
9-30-00 Surrender Charge $36.63640330 0.000 74.056 2,713.15
Cumulative Total Returns without/with chrgs. 172.66% A 171.31%
Avg. Annual Total Returns without/with chrgs. 10.55% B 10.50%
Van Kampen LIT Enterprise
9-30-90 Purchase $1,000.00 $10.09235733 99.085 99.085 $1,000.00
9-30-91 Contract Fee (1.00) $13.15497756 (0.076) 99.009 1,302.46
9-30-92 Contract Fee (1.00) $14.55871027 (0.069) 98.940 1,440.44
9-30-93 Contract Fee (1.00) $16.58077976 (0.060) 98.880 1,639.51
9-30-94 Contract Fee (1.00) $16.23895708 (0.062) 98.818 1,604.71
9-30-95 Contract Fee (1.00) $20.18034302 (0.050) 98.769 1,993.19
9-30-96 Contract Fee (1.00) $24.51780133 (0.041) 98.728 2,420.59
9-30-97 Contract Fee (1.00) $33.46733184 (0.030) 98.698 3,303.16
9-30-98 Contract Fee (1.00) $31.58189009 (0.032) 98.666 3,116.07
9-30-99 Contract Fee (1.00) $39.68695611 (0.025) 98.641 3,914.77
9-30-00 Contract Fee (1.00) $45.21050678 (0.022) 98.619 4,458.62
9-30-00 Value before Surr Chg $45.21050678 0.000 98.619 4,458.62
9-30-00 Surrender Charge $45.21050678 0.000 98.619 4,458.62
Cumulative Total Returns without/with chrgs. 347.97% A 345.86%
Avg. Annual Total Returns without/with chrgs. 16.18% B 16.12%
Franklin Global Communication Securities Fund
9-30-90 Purchase $1,000.00 $10.86504652 92.038 92.038 $1,000.00
9-30-91 Contract Fee (1.00) $13.69965004 (0.073) 91.965 1,259.89
9-30-92 Contract Fee (1.00) $15.56051892 (0.064) 91.901 1,430.03
9-30-93 Contract Fee (1.00) $18.00360267 (0.056) 91.845 1,653.55
9-30-94 Contract Fee (1.00) $14.77614344 (0.068) 91.778 1,356.12
9-30-95 Contract Fee (1.00) $17.90165113 (0.056) 91.722 1,641.97
9-30-96 Contract Fee (1.00) $19.56116280 (0.051) 91.671 1,793.19
9-30-97 Contract Fee (1.00) $22.68155772 (0.044) 91.627 2,078.24
9-30-98 Contract Fee (1.00) $25.77436253 (0.039) 91.588 2,360.62
9-30-99 Contract Fee (1.00) $29.46588298 (0.034) 91.554 2,697.72
9-30-00 Contract Fee (1.00) $33.19476956 (0.030) 91.524 3,038.11
9-30-00 Value before Surr Chg $33.19476956 0.000 91.524 3,038.11
9-30-00 Surrender Charge $33.19476956 0.000 91.524 3,038.11
Cumulative Total Returns without/with chrgs. 205.52% A 203.81%
Avg. Annual Total Returns without/with chrgs. 11.82% B 11.75%
Franklin High Income
9-30-90 Purchase $1,000.00 $9.04464147 110.563 110.563 $1,000.00
9-30-91 Contract Fee (1.00) $11.09352674 (0.090) 110.473 1,225.53
9-30-92 Contract Fee (1.00) $13.04375499 (0.077) 110.396 1,439.98
9-30-93 Contract Fee (1.00) $14.40649362 (0.069) 110.326 1,589.42
9-30-94 Contract Fee (1.00) $14.50024299 (0.069) 110.258 1,598.76
9-30-95 Contract Fee (1.00) $16.74221226 (0.060) 110.198 1,844.95
9-30-96 Contract Fee (1.00) $18.51829760 (0.054) 110.144 2,039.68
9-30-97 Contract Fee (1.00) $20.92685563 (0.048) 110.096 2,303.96
9-30-98 Contract Fee (1.00) $20.36785811 (0.049) 110.047 2,241.42
9-30-99 Contract Fee (1.00) $20.57571924 (0.049) 109.998 2,263.29
9-30-00 Contract Fee (1.00) $19.61842037 (0.051) 109.947 2,156.99
9-30-00 Value before Surr Chg $19.61842037 0.000 109.947 2,156.99
9-30-00 Surrender Charge $19.61842037 0.000 109.947 2,156.99
Cumulative Total Returns without/with chrgs. 116.91% A 115.70%
Avg. Annual Total Returns without/with chrgs. 8.05% B 7.99%
Franklin Income Securities Fund
9-30-90 Purchase $1,000.00 $9.87282012 101.288 101.288 $1,000.00
9-30-91 Contract Fee (1.00) $12.94854349 (0.077) 101.211 1,310.53
9-30-92 Contract Fee (1.00) $15.04352509 (0.066) 101.144 1,521.57
9-30-93 Contract Fee (1.00) $17.17256419 (0.058) 101.086 1,735.91
9-30-94 Contract Fee (1.00) $16.76538096 (0.060) 101.027 1,693.75
9-30-95 Contract Fee (1.00) $18.92064395 (0.053) 100.974 1,910.49
9-30-96 Contract Fee (1.00) $20.56625705 (0.049) 100.925 2,075.65
9-30-97 Contract Fee (1.00) $23.91118197 (0.042) 100.883 2,412.24
9-30-98 Contract Fee (1.00) $24.34174326 (0.041) 100.842 2,454.68
9-30-99 Contract Fee (1.00) $24.60292945 (0.041) 100.802 2,480.01
9-30-00 Contract Fee (1.00) $27.66683921 (0.036) 100.765 2,787.86
9-30-00 Value before Surr Chg $27.66683921 0.000 100.765 2,787.86
9-30-00 Surrender Charge $27.66683921 0.000 100.765 2,787.86
Cumulative Total Returns without/with chrgs. 180.23% A 178.79%
Avg. Annual Total Returns without/with chrgs. 10.85% B 10.80%
Franklin Natural Resources Securities Fund
9-30-90 Purchase $1,000.00 $11.24034497 88.965 88.965 $1,000.00
9-30-91 Contract Fee (1.00) $10.42792473 (0.096) 88.869 926.72
9-30-92 Contract Fee (1.00) $10.41331878 (0.096) 88.773 924.42
9-30-93 Contract Fee (1.00) $11.85475192 (0.084) 88.689 1,051.39
9-30-94 Contract Fee (1.00) $15.18429112 (0.066) 88.623 1,345.68
9-30-95 Contract Fee (1.00) $14.30299298 (0.070) 88.553 1,266.58
9-30-96 Contract Fee (1.00) $14.44871469 (0.069) 88.484 1,278.48
9-30-97 Contract Fee (1.00) $14.17269735 (0.071) 88.413 1,253.06
9-30-98 Contract Fee (1.00) $8.49168426 (0.118) 88.296 749.78
9-30-99 Contract Fee (1.00) $10.96382418 (0.091) 88.204 967.06
9-30-00 Contract Fee (1.00) $13.86356837 (0.072) 88.132 1,221.83
9-30-00 Value before Surr Chg $13.86356837 0.000 88.132 1,221.83
9-30-00 Surrender Charge $13.86356837 0.000 88.132 1,221.83
Cumulative Total Returns without/with chrgs. 23.34% A 22.18%
Avg. Annual Total Returns without/with chrgs. 2.12% B 2.02%
<FN>
A = (Unit Value as of September 30, 2000 - Unit Value at Purchase)/Unit Value at
Purchase B = [(A+1)^(1/10 Years)]-1 C = (Accumulated Value as of September 30,
2000 - Accum. Value at Purch.)/Accum. Value at Purch.
D = [(C+1)^(1/10 Years)]-1
</FN>
</TABLE>
<TABLE>
<CAPTION>
Advantage
Preferred Life Variable Account C
Cumulative and Average Annual Total Return Calculations - HYPOTHETICAL
Original Purchase as of Sub-Account Inception
Valuation Date as of September 30, 2000
Dollar Units This Accum. Accum.
Date Transaction Amount Unit Value Trans. Units Value
AIM VI Capital Appreciation
<S> <C> <C> <C> <C> <C> <C>
5-5-93 Purchase $1,000.00 $10.00000000 100.000 100.000 $1,000.00
5-5-94 Contract Fee (1.00) $11.78232228 (0.085) 99.915 1,177.23
5-5-95 Contract Fee (1.00) $13.12545579 (0.076) 99.839 1,310.43
5-5-96 Contract Fee (1.00) $17.74628090 (0.056) 99.783 1,770.77
5-5-97 Contract Fee (1.00) $18.58847466 (0.054) 99.729 1,853.81
5-5-98 Contract Fee (1.00) $23.44412505 (0.043) 99.686 2,337.05
5-5-99 Contract Fee (1.00) $24.96670762 (0.040) 99.646 2,487.83
5-5-00 Contract Fee (1.00) $35.52808285 (0.028) 99.618 3,539.23
9-30-00 Value before Surr Chg $39.21591989 0.000 99.618 3,906.61
9-30-00 Contract Fee (1.00) $39.21591989 (0.025) 99.592 3,905.61
9-30-00 Surrender Charge $39.21591989 0.000 99.592 3,905.61
Cumulative Total Returns without/with chgs. 292.16% A 290.56% C
Avg. Annual Total Returns without/with chgs. 20.25% B 20.18% D
AIM VI Growth
5-5-93 Purchase $1,000.00 $10.00000000 100.000 100.000 $1,000.00
5-5-94 Contract Fee (1.00) $10.49813411 (0.095) 99.905 1,048.81
5-5-95 Contract Fee (1.00) $11.72581335 (0.085) 99.819 1,170.46
5-5-96 Contract Fee (1.00) $14.79509721 (0.068) 99.752 1,475.84
5-5-97 Contract Fee (1.00) $17.40038646 (0.057) 99.694 1,734.72
5-5-98 Contract Fee (1.00) $23.41232831 (0.043) 99.652 2,333.08
5-5-99 Contract Fee (1.00) $28.63843892 (0.035) 99.617 2,852.87
5-5-00 Contract Fee (1.00) $37.13841979 (0.027) 99.590 3,698.61
9-30-00 Value before Surr Chg $36.19193969 0.000 99.590 3,604.35
9-30-00 Contract Fee (1.00) $36.19193969 (0.028) 99.562 3,603.35
9-30-00 Surrender Charge $36.19193969 0.000 99.562 3,603.35
Cumulative Total Returns without/with chgs. 261.92% A 260.33% C
Avg. Annual Total Returns without/with chgs. 18.95% B 18.88% D
AIM VI International Equity
5-5-93 Purchase $1,000.00 $10.00000000 100.000 100.000 $1,000.00
5-5-94 Contract Fee (1.00) $11.58606804 (0.086) 99.914 1,157.61
5-5-95 Contract Fee (1.00) $11.96755246 (0.084) 99.830 1,194.72
5-5-96 Contract Fee (1.00) $14.32388020 (0.070) 99.760 1,428.95
5-5-97 Contract Fee (1.00) $15.80690011 (0.063) 99.697 1,575.90
5-5-98 Contract Fee (1.00) $19.33550300 (0.052) 99.645 1,926.69
5-5-99 Contract Fee (1.00) $18.96351359 (0.053) 99.593 1,888.63
5-5-00 Contract Fee (1.00) $25.94772748 (0.039) 99.554 2,583.20
9-30-00 Value before Surr Chg $23.41178398 0.000 99.554 2,330.74
9-30-00 Contract Fee (1.00) $23.41178398 (0.043) 99.511 2,329.74
9-30-00 Surrender Charge $23.41178398 0.000 99.511 2,329.74
Cumulative Total Returns without/with chgs. 134.12% A 132.97% C
Avg. Annual Total Returns without/with chgs. 12.16% B 12.09% D
AIM VI Value
5-5-93 Purchase $1,000.00 $10.00000000 100.000 100.000 $1,000.00
5-5-94 Contract Fee (1.00) $11.60837333 (0.086) 99.914 1,159.84
5-5-95 Contract Fee (1.00) $13.11389118 (0.076) 99.838 1,309.26
5-5-96 Contract Fee (1.00) $15.78629610 (0.063) 99.774 1,575.07
5-5-97 Contract Fee (1.00) $18.97653729 (0.053) 99.722 1,892.37
5-5-98 Contract Fee (1.00) $24.39508291 (0.041) 99.681 2,431.72
5-5-99 Contract Fee (1.00) $30.63613223 (0.033) 99.648 3,052.83
5-5-00 Contract Fee (1.00) $36.46593905 (0.027) 99.621 3,632.76
9-30-00 Value before Surr Chg $33.33090667 0.000 99.621 3,320.44
9-30-00 Contract Fee (1.00) $33.33090667 (0.030) 99.590 3,319.44
9-30-00 Surrender Charge $33.33090667 0.000 99.590 3,319.44
Cumulative Total Returns without/with chgs. 233.31% A 231.94% C
Avg. Annual Total Returns without/with chgs. 17.64% B 17.57% D
Alger American Growth
1-9-89 Purchase $1,000.00 $10.00000000 100.000 100.000 $1,000.00
1-9-90 Contract Fee (1.00) $12.26566501 (0.082) 99.918 1,225.57
1-9-91 Contract Fee (1.00) $11.92832842 (0.084) 99.835 1,190.86
1-9-92 Contract Fee (1.00) $18.15458436 (0.055) 99.780 1,811.46
1-9-93 Contract Fee (1.00) $19.27638931 (0.052) 99.728 1,922.39
1-9-94 Contract Fee (1.00) $23.76088211 (0.042) 99.686 2,368.62
1-9-95 Contract Fee (1.00) $23.26591670 (0.043) 99.643 2,318.28
1-9-96 Contract Fee (1.00) $29.06841839 (0.034) 99.608 2,895.45
1-9-97 Contract Fee (1.00) $35.87591329 (0.028) 99.580 3,572.54
1-9-98 Contract Fee (1.00) $41.37466992 (0.024) 99.556 4,119.10
1-9-99 Contract Fee (1.00) $64.99059618 (0.015) 99.541 6,469.21
1-9-00 Contract Fee (1.00) $81.09303965 (0.012) 99.528 8,071.06
9-30-00 Value before Surr Chg $82.11449196 0.000 99.528 8,172.73
9-30-00 Contract Fee (1.00) $82.11449196 (0.012) 99.516 8,171.73
9-30-00 Surrender Charge $82.11449196 0.000 99.516 8,171.73
Cumulative Total Returns without/with chgs. 721.14% A 717.17% C
Avg. Annual Total Returns without/with chgs. 19.66% B 19.61% D
Alger American Leveraged AllCap
1-25-95 Purchase $1,000.00 $10.00000000 100.000 100.000 $1,000.00
1-25-96 Contract Fee (1.00) $17.22146848 (0.058) 99.942 1,721.15
1-25-97 Contract Fee (1.00) $20.13007645 (0.050) 99.892 2,010.84
1-25-98 Contract Fee (1.00) $22.01326365 (0.045) 99.847 2,197.95
1-25-99 Contract Fee (1.00) $36.29540636 (0.028) 99.819 3,622.98
1-25-00 Contract Fee (1.00) $62.27903226 (0.016) 99.803 6,215.65
9-30-00 Value before Surr Chg $58.11014658 0.000 99.803 5,799.58
9-30-00 Contract Fee (1.00) $58.11014658 (0.017) 99.786 5,798.58
9-30-00 Surrender Charge (25.50) $58.11014658 (0.439) 99.347 5,773.08
Cumulative Total Returns without/with chgs. 481.10% A 477.31% C
Avg. Annual Total Returns without/with chgs. 36.28% B 36.12% D
Alger American MidCap Growth
5-3-93 Purchase $1,000.00 $10.00000000 100.000 100.000 $1,000.00
5-3-94 Contract Fee (1.00) $12.97472464 (0.077) 99.923 1,296.47
5-3-95 Contract Fee (1.00) $14.90631383 (0.067) 99.856 1,488.48
5-3-96 Contract Fee (1.00) $20.91518007 (0.048) 99.808 2,087.50
5-3-97 Contract Fee (1.00) $20.29456484 (0.049) 99.759 2,024.56
5-3-98 Contract Fee (1.00) $27.24125275 (0.037) 99.722 2,716.55
5-3-99 Contract Fee (1.00) $31.89500441 (0.031) 99.691 3,179.64
5-3-00 Contract Fee (1.00) $42.59443859 (0.023) 99.667 4,245.27
9-30-00 Value before Surr Chg $47.47074590 0.000 99.667 4,731.28
9-30-00 Contract Fee (1.00) $47.47074590 (0.021) 99.646 4,730.28
9-30-00 Surrender Charge $47.47074590 0.000 99.646 4,730.28
Cumulative Total Returns without/with chgs. 374.71% A 373.03% C
Avg. Annual Total Returns without/with chgs. 23.37% B 23.31% D
Alger American Small Capitalization
9-21-88 Purchase $1,000.00 $10.00000000 100.000 100.000 $1,000.00
9-21-89 Contract Fee (1.00) $15.26566498 (0.066) 99.934 1,525.57
9-21-90 Contract Fee (1.00) $14.70557795 (0.068) 99.866 1,468.59
9-21-91 Contract Fee (1.00) $22.01513476 (0.045) 99.821 2,197.57
9-21-92 Contract Fee (1.00) $22.87023808 (0.044) 99.777 2,281.93
9-21-93 Contract Fee (1.00) $27.42815454 (0.036) 99.741 2,735.71
9-21-94 Contract Fee (1.00) $26.91666527 (0.037) 99.704 2,683.69
9-21-95 Contract Fee (1.00) $44.35209714 (0.023) 99.681 4,421.07
9-21-96 Contract Fee (1.00) $41.95187443 (0.024) 99.657 4,180.81
9-21-97 Contract Fee (1.00) $47.70478824 (0.021) 99.636 4,753.13
9-21-98 Contract Fee (1.00) $40.93914826 (0.024) 99.612 4,078.03
9-21-99 Contract Fee (1.00) $53.35756565 (0.019) 99.593 5,314.05
9-21-00 Contract Fee (1.00) $62.70431714 (0.016) 99.577 6,243.92
9-30-00 Value before Surr Chg $64.30857212 0.000 99.577 6,403.67
9-30-00 Contract Fee (1.00) $64.30857212 (0.016) 99.562 6,402.67
9-30-00 Surrender Charge $64.30857212 0.000 99.562 6,402.67
Cumulative Total Returns without/with chgs. 543.09% A 540.27% C
Avg. Annual Total Returns without/with chgs. 16.73% B 16.68% D
Davis VA Financial Portfolio
7-1-99 Purchase $1,000.00 $10.00000000 100.000 100.000 $1,000.00
7-1-00 Contract Fee ($1.00) $9.86629112 (0.101) 99.899 $985.63
9-30-00 Value before Surr Chg $11.44339201 0.000 99.899 $1,143.18
9-30-00 Contract Fee (1.00) $11.44339201 (0.087) 99.811 $1,142.18
9-30-00 Surrender Charge (51.00) $11.44339201 (4.457) 95.355 $1,091.18
Cumulative Total Returns without/with chgs. 14.43% A 9.12% C
Avg. Annual Total Returns without/with chgs. 11.37% B 7.22% D
Davis VA Real Estate
7-1-99 Purchase $1,000.00 $10.00000000 100.000 100.000 $1,000.00
7-1-00 Contract Fee ($1.00) $9.89481996 (0.101) 99.899 $988.48
9-30-00 Value before Surr Chg $10.36308466 0.000 99.899 $1,035.26
9-30-00 Contract Fee (1.00) $10.36308466 (0.096) 99.802 $1,034.26
9-30-00 Surrender Charge (51.00) $10.36308466 (4.921) 94.881 $983.26
Cumulative Total Returns without/with chgs. 3.63% A -1.67% C
Avg. Annual Total Returns without/with chgs. 2.89% B -1.34% D
Davis VA Value
7-1-99 Purchase $1,000.00 $10.00000000 100.000 100.000 $1,000.00
7-1-00 Contract Fee ($1.00) $10.82205658 (0.092) 99.908 $1,081.21
9-30-00 Value before Surr Chg $10.89004205 0.000 99.908 $1,088.00
9-30-00 Contract Fee (1.00) $10.89004205 (0.092) 99.816 $1,087.00
9-30-00 Surrender Charge (51.00) $10.89004205 (4.683) 95.133 $1,036.00
Cumulative Total Returns without/with chgs. 8.90% A 3.60% C
Avg. Annual Total Returns without/with chgs. 7.05% B 2.86% D
Franklin Growth & Income
1-24-89 Purchase $1,000.00 $10.00000000 100.000 100.000 $1,000.00
1-24-90 Contract Fee (1.00) $9.59756692 (0.104) 99.896 958.76
1-24-91 Contract Fee (1.00) $10.03104257 (0.100) 99.796 1,001.06
1-24-92 Contract Fee (1.00) $12.16171947 (0.082) 99.714 1,212.69
1-24-93 Contract Fee (1.00) $12.57661487 (0.080) 99.634 1,253.06
1-24-94 Contract Fee (1.00) $14.09886247 (0.071) 99.563 1,403.73
1-24-95 Contract Fee (1.00) $13.27759299 (0.075) 99.488 1,320.96
1-24-96 Contract Fee (1.00) $17.25393143 (0.058) 99.430 1,715.56
1-24-97 Contract Fee (1.00) $19.79450666 (0.051) 99.380 1,967.17
1-24-98 Contract Fee (1.00) $23.84479142 (0.042) 99.338 2,368.69
1-24-99 Contract Fee (1.00) $25.33178429 (0.039) 99.298 2,515.40
1-24-00 Contract Fee (1.00) $24.90577210 (0.040) 99.258 2,472.10
9-30-00 Value before Surr Chg $28.47494152 0.000 99.258 2,826.37
9-30-00 Contract Fee (1.00) $28.47494152 (0.035) 99.223 2,825.37
9-30-00 Surrender Charge $28.47494152 0.000 99.223 2,825.37
Cumulative Total Returns without/with chgs. 184.75% A 182.54% C
Avg. Annual Total Returns without/with chgs. 9.36% B 9.29% D
Franklin Rising Dividends Securities
1-27-92 Purchase $1,000.00 $10.00000000 100.000 100.000 $1,000.00
1-27-93 Contract Fee (1.00) $10.68876950 (0.094) 99.906 1,067.88
1-27-94 Contract Fee (1.00) $10.36623339 (0.096) 99.810 1,034.65
1-27-95 Contract Fee (1.00) $9.94675745 (0.101) 99.709 991.79
1-27-96 Contract Fee (1.00) $12.48933274 (0.080) 99.629 1,244.30
1-27-97 Contract Fee (1.00) $15.20870091 (0.066) 99.564 1,514.23
1-27-98 Contract Fee (1.00) $19.73278049 (0.051) 99.513 1,963.67
1-27-99 Contract Fee (1.00) $19.71148388 (0.051) 99.462 1,960.55
1-27-00 Contract Fee (1.00) $18.03251838 (0.055) 99.407 1,792.55
9-30-00 Value before Surr Chg $19.52251708 0.000 99.407 1,940.67
9-30-00 Contract Fee (1.00) $19.52251708 (0.051) 99.356 1,939.67
9-30-00 Surrender Charge $19.52251708 0.000 99.356 1,939.67
Cumulative Total Returns without/with chgs. 95.23% A 93.97% C
Avg. Annual Total Returns without/with chgs. 8.01% B 7.93% D
Franklin Small Cap
11-1-95 Purchase $1,000.00 $10.00000000 100.000 100.000 $1,000.00
11-1-96 Contract Fee (1.00) $12.14713625 (0.082) 99.918 1,213.71
11-1-97 Contract Fee (1.00) $15.53654825 (0.064) 99.853 1,551.38
11-1-98 Contract Fee (1.00) $12.49929024 (0.080) 99.773 1,247.10
11-1-99 Contract Fee (1.00) $19.88539111 (0.050) 99.723 1,983.03
9-30-00 Value before Surr Chg $29.96243834 0.000 99.773 2,989.45
9-30-00 Contract Fee (1.00) $29.96243834 (0.033) 99.740 2,988.45
9-30-00 Surrender Charge (34.00) $29.96243834 (1.135) 98.605 2,954.45
Cumulative Total Returns without/with chgs. 199.62% A 195.45% C
Avg. Annual Total Returns without/with chgs. 25.00% B 24.64% D
Franklin U.S. Government
3-14-89 Purchase $1,000.00 $10.00000000 100.000 100.000 $1,000.00
3-14-90 Contract Fee (1.00) $10.29864074 (0.097) 99.903 1,028.86
3-14-91 Contract Fee (1.00) $11.44148140 (0.087) 99.815 1,142.04
3-14-92 Contract Fee (1.00) $12.36677937 (0.081) 99.735 1,233.40
3-14-93 Contract Fee (1.00) $14.05074266 (0.071) 99.663 1,400.35
3-14-94 Contract Fee (1.00) $14.20297756 (0.070) 99.593 1,414.52
3-14-95 Contract Fee (1.00) $14.59412892 (0.069) 99.525 1,452.47
3-14-96 Contract Fee (1.00) $15.82460547 (0.063) 99.461 1,573.94
3-14-97 Contract Fee (1.00) $16.60622197 (0.060) 99.401 1,650.68
3-14-98 Contract Fee (1.00) $18.04599170 (0.055) 99.346 1,792.79
3-14-99 Contract Fee (1.00) $18.76504555 (0.053) 99.292 1,863.23
3-14-00 Contract Fee (1.00) $18.49375634 (0.054) 99.238 1,835.29
9-30-00 Value before Surr Chg $19.47391567 0.000 99.238 1,932.56
9-30-00 Contract Fee (1.00) $19.47391567 (0.051) 99.187 1,931.56
9-30-00 Surrender Charge $19.47391567 0.000 99.187 1,931.56
Cumulative Total Returns without/with chgs. 94.74% A 93.16% C
Avg. Annual Total Returns without/with chgs. 5.94% B 5.86% D
JP Morgan International Opportunities
1-3-95 Purchase $1,000.00 $10.00000000 100.000 100.000 $1,000.00
1-3-96 Contract Fee (1.00) $11.17597245 (0.089) 99.911 1,116.60
1-3-97 Contract Fee (1.00) $12.16681571 (0.082) 99.828 1,214.59
1-3-98 Contract Fee (1.00) $12.85128023 (0.078) 99.751 1,281.92
1-3-99 Contract Fee (1.00) $13.21789713 (0.076) 99.675 1,317.49
1-3-00 Contract Fee (1.00) $17.84919112 (0.056) 99.619 1,778.12
9-30-00 Value before Surr Chg $15.66798633 0.000 99.619 1,560.83
9-30-00 Contract Fee (1.00) $15.66798633 (0.064) 99.555 1,559.83
9-30-00 Surrender Charge (25.50) $15.66798633 (1.628) 97.927 1,534.33
Cumulative Total Returns without/with chgs. 56.68% A 53.43% C
Avg. Annual Total Returns without/with chgs. 8.13% B 7.74% D
JP Morgan US Disciplined Equity
1-3-95 Purchase $1,000.00 $10.00000000 100.000 100.000 $1,000.00
1-3-96 Contract Fee (1.00) $13.34969515 (0.075) 99.925 1,333.97
1-3-97 Contract Fee (1.00) $15.92357081 (0.063) 99.862 1,590.16
1-3-98 Contract Fee (1.00) $19.72766748 (0.051) 99.812 1,969.05
1-3-99 Contract Fee (1.00) $23.87761763 (0.042) 99.770 2,382.26
1-3-00 Contract Fee (1.00) $27.63904916 (0.036) 99.734 2,756.54
9-30-00 Value before Surr Chg $25.81034019 0.000 99.734 2,574.16
9-30-00 Contract Fee (1.00) $25.81034019 (0.039) 99.695 2,573.16
9-30-00 Surrender Charge (25.50) $25.81034019 (0.988) 98.707 2,547.66
Cumulative Total Returns without/with chgs. 158.10% A 154.77% C
Avg. Annual Total Returns without/with chgs. 17.94% B 17.68% D
Mutual Discovery Securities
11-8-96 Purchase $1,000.00 $10.00000000 100.000 100.000 $1,000.00
11-8-97 Contract Fee (1.00) $11.82973739 (0.085) 99.915 1,181.97
11-8-98 Contract Fee (1.00) $10.94138042 (0.091) 99.824 1,092.21
11-8-99 Contract Fee (1.00) $12.36982650 (0.081) 99.743 1,233.81
9-30-00 Value before Surr Chg $14.66570689 0.000 99.824 1,463.99
9-30-00 Contract Fee (1.00) $14.66570689 (0.068) 99.756 1,462.99
9-30-00 Surrender Charge (42.50) $14.66570689 (2.898) 96.858 1,420.49
Cumulative Total Returns without/with chgs. 46.66% A 42.05% C
Avg. Annual Total Returns without/with chgs. 10.33% B 9.43% D
Mutual Shares Securities
11-8-96 Purchase $1,000.00 $10.00000000 100.000 100.000 $1,000.00
11-8-97 Contract Fee (1.00) $11.75083052 (0.085) 99.915 1,174.08
11-8-98 Contract Fee (1.00) $11.57328030 (0.086) 99.828 1,155.34
11-8-99 Contract Fee (1.00) $12.80813793 (0.078) 99.750 1,277.62
9-30-00 Value before Surr Chg $14.07024968 0.000 99.828 1,404.61
9-30-00 Contract Fee (1.00) $14.07024968 (0.071) 99.757 1,403.61
9-30-00 Surrender Charge (42.50) $14.07024968 (3.021) 96.737 1,361.11
Cumulative Total Returns without/with chgs. 40.70% A 36.11% C
Avg. Annual Total Returns without/with chgs. 9.16% B 8.24% D
Oppenheimer VA Global Securities
11-12-90 Purchase $1,000.00 $10.00000000 100.000 100.000 $1,000.00
11-12-91 Contract Fee (1.00) $10.46292886 (0.096) 99.904 1,045.29
11-12-92 Contract Fee (1.00) $9.32939633 (0.107) 99.797 931.05
11-12-93 Contract Fee (1.00) $13.96054282 (0.072) 99.726 1,392.22
11-12-94 Contract Fee (1.00) $15.52495707 (0.064) 99.661 1,547.24
11-12-95 Contract Fee (1.00) $14.49807108 (0.069) 99.592 1,443.90
11-12-96 Contract Fee (1.00) $16.55927643 (0.060) 99.532 1,648.18
11-12-97 Contract Fee (1.00) $19.88298741 (0.050) 99.482 1,977.99
11-12-98 Contract Fee (1.00) $20.71053950 (0.048) 99.433 2,059.32
11-12-99 Contract Fee (1.00) $29.94051763 (0.033) 99.400 2,976.08
9-30-00 Value before Surr Chg $38.79853540 0.000 99.433 3,857.86
9-30-00 Contract Fee (1.00) $38.79853540 (0.026) 99.407 3,856.86
9-30-00 Surrender Charge $38.79853540 0.000 99.407 3,856.86
Cumulative Total Returns without/with chgs. 287.99% A 285.69% C
Avg. Annual Total Returns without/with chgs. 14.69% B 14.62% D
Oppenheimer VA High Income
4-30-86 Purchase $1,000.00 $10.00000000 100.000 100.000 $1,000.00
4-30-87 Contract Fee (1.00) $10.97847723 (0.091) 99.909 1,096.85
4-30-88 Contract Fee (1.00) $11.69007814 (0.086) 99.823 1,166.94
4-30-89 Contract Fee (1.00) $12.78069825 (0.078) 99.745 1,274.81
4-30-90 Contract Fee (1.00) $13.14099719 (0.076) 99.669 1,309.75
4-30-91 Contract Fee (1.00) $15.46125046 (0.065) 99.604 1,540.01
4-30-92 Contract Fee (1.00) $19.21469707 (0.052) 99.552 1,912.87
4-30-93 Contract Fee (1.00) $22.64655133 (0.044) 99.508 2,253.52
4-30-94 Contract Fee (1.00) $24.69981663 (0.040) 99.468 2,456.83
4-30-95 Contract Fee (1.00) $26.12139217 (0.038) 99.429 2,597.23
4-30-96 Contract Fee (1.00) $30.10720978 (0.033) 99.396 2,992.54
4-30-97 Contract Fee (1.00) $32.89231166 (0.030) 99.366 3,268.37
4-30-98 Contract Fee (1.00) $37.54126627 (0.027) 99.339 3,729.32
4-30-99 Contract Fee (1.00) $37.70872534 (0.027) 99.313 3,744.95
4-30-00 Contract Fee (1.00) $36.03042331 (0.028) 99.285 3,577.28
9-30-00 Value before Surr Chg $36.63640330 0.000 99.285 3,637.44
9-30-00 Contract Fee (1.00) $36.63640330 (0.027) 99.258 3,636.44
9-30-00 Surrender Charge $36.63640330 0.000 99.258 3,636.44
Cumulative Total Returns without/with chgs. 266.36% A 263.64% C
Avg. Annual Total Returns without/with chgs. 9.42% B 9.36% D
Oppenheimer VA Main Street Growth & Income
7-5-95 Purchase $1,000.00 $10.00000000 100.000 100.000 $1,000.00
7-5-96 Contract Fee (1.00) $14.32268764 (0.070) 99.930 1,431.27
7-5-97 Contract Fee (1.00) $18.77949403 (0.053) 99.877 1,875.64
7-5-98 Contract Fee (1.00) $23.88787685 (0.042) 99.835 2,384.85
7-5-99 Contract Fee (1.00) $25.09270670 (0.040) 99.795 2,504.13
7-5-00 Contract Fee (1.00) $25.67632547 (0.039) 99.756 2,561.37
9-30-00 Value before Surr Chg $26.23127896 0.000 99.756 2,616.73
9-30-00 Contract Fee (1.00) $26.23127896 (0.038) 99.718 2,615.73
9-30-00 Surrender Charge (25.50) $26.23127896 (0.972) 98.746 2,590.23
Cumulative Total Returns without/with chgs. 162.31% A 159.02% C
Avg. Annual Total Returns without/with chgs. 20.19% B 19.90% D
PIMCO VIT High Yield Bond
4-30-98 Purchase $1,000.00 $10.00000000 100.000 100.000 $1,000.00
4-30-99 Contract Fee (1.00) $10.38281274 (0.096) 99.904 1,037.28
4-30-00 Contract Fee (1.00) $9.95211796 (0.100) 99.803 993.25
9-30-00 Value before Surr Chg $10.22038104 0.000 99.803 1,020.03
9-30-00 Contract Fee (1.00) $10.22038104 (0.098) 99.705 1,019.03
9-30-00 Surrender Charge (51.00) $10.22038104 (4.990) 94.715 968.03
Cumulative Total Returns without/with chgs. 2.20% A -3.20% C
Avg. Annual Total Returns without/with chgs. 0.90% B -1.33% D
PIMCO VIT Stocks PLUS Growth & Income
12-31-97 Purchase $1,000.00 $10.00000000 100.000 100.000 $1,000.00
12-31-98 Contract Fee (1.00) $12.81862487 (0.078) 99.922 1,280.86
12-31-99 Contract Fee (1.00) $15.13492429 (0.066) 99.856 1,511.31
9-30-00 Value before Surr Chg $14.53046954 0.000 99.856 1,450.95
9-30-00 Contract Fee (1.00) $14.53046954 (0.069) 99.787 1,449.95
9-30-00 Surrender Charge (51.00) $14.53046954 (3.510) 96.277 1,398.95
Cumulative Total Returns without/with chgs. 45.30% A 39.90% C
Avg. Annual Total Returns without/with chgs. 14.55% B 12.98% D
PIMCO VIT Total Return Bond
12-31-97 Purchase $1,000.00 $10.00000000 100.000 100.000 $1,000.00
12-31-98 Contract Fee (1.00) $10.70076399 (0.093) 99.907 1,069.08
12-31-99 Contract Fee (1.00) $10.48093476 (0.095) 99.811 1,046.11
9-30-00 Value before Surr Chg $11.00029537 0.000 99.811 1,097.95
9-30-00 Contract Fee (1.00) $11.00029537 (0.091) 99.720 1,096.95
9-30-00 Surrender Charge (51.00) $11.00029537 (4.636) 95.084 1,045.95
Cumulative Total Returns without/with chgs. 10.00% A 4.60% C
Avg. Annual Total Returns without/with chgs. 3.53% B 1.65% D
Seligman Henderson Global Technology
5-2-96 Purchase $1,000.00 $10.00000000 100.000 100.000 $1,000.00
5-2-97 Contract Fee (1.00) $10.31661553 (0.097) 99.903 1,030.66
5-2-98 Contract Fee (1.00) $14.91612471 (0.067) 99.836 1,489.17
5-2-99 Contract Fee (1.00) $17.72079252 (0.056) 99.780 1,768.17
5-2-00 Contract Fee (1.00) $39.13545303 (0.026) 99.754 3,903.92
9-30-00 Value before Surr Chg $33.29269211 0.000 99.754 3,321.08
9-30-00 Contract Fee (1.00) $33.29269211 (0.030) 99.724 3,320.08
9-30-00 Surrender Charge (34.00) $33.29269211 (1.021) 98.703 3,286.08
Cumulative Total Returns without/with chgs. 232.93% A 228.61% C
Avg. Annual Total Returns without/with chgs. 31.30% B 30.92% D
Seligman Small Cap Value
5-1-98 Purchase $1,000.00 $10.00000000 100.000 100.000 $1,000.00
5-1-99 Contract Fee (1.00) $10.73911196 (0.093) 99.907 1,072.91
5-1-00 Contract Fee (1.00) $12.04259004 (0.083) 99.824 1,202.14
9-30-00 Value before Surr Chg $12.97378387 0.000 99.824 1,295.09
9-30-00 Contract Fee (1.00) $12.97378387 (0.077) 99.747 1,294.09
9-30-00 Surrender Charge (51.00) $12.97378387 (3.931) 95.816 1,243.09
Cumulative Total Returns without/with chgs. 29.74% A 24.31% C
Avg. Annual Total Returns without/with chgs. 11.36% B 9.41% D
Templeton Developing Markets Equity
3-15-94 Purchase $1,000.00 $10.00000000 100.000 100.000 $1,000.00
3-15-95 Contract Fee (1.00) $8.62058630 (0.116) 99.884 861.06
3-15-96 Contract Fee (1.00) $10.27729571 (0.097) 99.787 1,025.54
3-15-97 Contract Fee (1.00) $12.41978933 (0.081) 99.706 1,238.33
3-15-98 Contract Fee (1.00) $10.51420276 (0.095) 99.611 1,047.33
3-15-99 Contract Fee (1.00) $8.18678208 (0.122) 99.489 814.49
3-15-00 Contract Fee (1.00) $11.43063697 (0.087) 99.401 1,136.22
9-30-00 Value before Surr Chg $9.14482311 0.000 99.401 909.01
9-30-00 Contract Fee (1.00) $9.14482311 (0.109) 99.292 908.01
9-30-00 Surrender Charge (17.00) $9.14482311 (1.859) 97.433 891.01
Cumulative Total Returns without/with chgs. -8.55% A -10.90% C
Avg. Annual Total Returns without/with chgs. -1.36% B -1.75% D
Templeton Global Growth
3-15-94 Purchase $1,000.00 $10.00000000 100.000 100.000 $1,000.00
3-15-95 Contract Fee (1.00) $10.09452231 (0.099) 99.901 1,008.45
3-15-96 Contract Fee (1.00) $11.79417892 (0.085) 99.816 1,177.25
3-15-97 Contract Fee (1.00) $14.06170230 (0.071) 99.745 1,402.58
3-15-98 Contract Fee (1.00) $16.68243544 (0.060) 99.685 1,662.99
3-15-99 Contract Fee (1.00) $16.12348021 (0.062) 99.623 1,606.27
3-15-00 Contract Fee (1.00) $17.47705632 (0.057) 99.566 1,740.12
9-30-00 Value before Surr Chg $18.43437517 0.000 99.566 1,835.43
9-30-00 Contract Fee (1.00) $18.43437517 (0.054) 99.512 1,834.43
9-30-00 Surrender Charge (17.00) $18.43437517 (0.922) 98.589 1,817.43
Cumulative Total Returns without/with chgs. 84.34% A 81.74% C
Avg. Annual Total Returns without/with chgs. 9.79% B 9.55% D
Templeton Pacific Growth
1-27-92 Purchase $1,000.00 $10.00000000 100.000 100.000 $1,000.00
1-27-93 Contract Fee (1.00) $9.91965141 (0.101) 99.899 990.97
1-27-94 Contract Fee (1.00) $14.07652865 (0.071) 99.828 1,405.23
1-27-95 Contract Fee (1.00) $11.91556247 (0.084) 99.744 1,188.51
1-27-96 Contract Fee (1.00) $14.44474860 (0.069) 99.675 1,439.78
1-27-97 Contract Fee (1.00) $14.58766078 (0.069) 99.606 1,453.03
1-27-98 Contract Fee (1.00) $8.42138869 (0.119) 99.488 837.82
1-27-99 Contract Fee (1.00) $7.82724368 (0.128) 99.360 777.71
1-27-00 Contract Fee (1.00) $10.39025499 (0.096) 99.264 1,031.38
9-30-00 Value before Surr Chg $8.56106770 0.000 99.264 849.80
9-30-00 Contract Fee (1.00) $8.56106770 (0.117) 99.147 848.80
9-30-00 Surrender Charge $8.56106770 0.000 99.147 848.80
Cumulative Total Returns without/with chgs. -14.39% A -15.12% C
Avg. Annual Total Returns without/with chgs. -1.77% B -1.87% D
Van Kampen LIT Enterprise
4-7-86 Purchase $1,000.00 $10.00000000 100.000 100.000 $1,000.00
4-7-87 Contract Fee (1.00) $11.16260479 (0.090) 99.910 1,115.26
4-7-88 Contract Fee (1.00) $8.29181654 (0.121) 99.790 827.44
4-7-89 Contract Fee (1.00) $9.91294612 (0.101) 99.689 988.21
4-7-90 Contract Fee (1.00) $11.55560043 (0.087) 99.602 1,150.97
4-7-91 Contract Fee (1.00) $12.46079820 (0.080) 99.522 1,240.13
4-7-92 Contract Fee (1.00) $14.28539835 (0.070) 99.452 1,420.71
4-7-93 Contract Fee (1.00) $16.11443342 (0.062) 99.390 1,601.61
4-7-94 Contract Fee (1.00) $16.20017424 (0.062) 99.328 1,609.14
4-7-95 Contract Fee (1.00) $17.47638854 (0.057) 99.271 1,734.90
4-7-96 Contract Fee (1.00) $23.23925222 (0.043) 99.228 2,305.99
4-7-97 Contract Fee (1.00) $25.32818372 (0.039) 99.189 2,512.27
4-7-98 Contract Fee (1.00) $36.68401057 (0.027) 99.161 3,637.64
4-7-99 Contract Fee (1.00) $41.72832568 (0.024) 99.137 4,136.84
4-7-00 Contract Fee (1.00) $49.55077534 (0.020) 99.117 4,911.34
9-30-00 Value before Surr Chg $45.21050678 0.000 99.117 4,481.14
9-30-00 Contract Fee (1.00) $45.21050678 (0.022) 99.095 4,480.14
9-30-00 Surrender Charge $45.21050678 0.000 99.095 4,480.14
Cumulative Total Returns without/with chgs. 352.11% A 348.01% C
Avg. Annual Total Returns without/with chgs. 10.97% B 10.90% D
Van Kampen LIT Growth &Income
12-23-96 Purchase $1,000.00 $10.00000000 100.000 100.000 $1,000.00
12-23-97 Contract Fee (1.00) $12.24726215 (0.082) 99.918 1,223.73
12-23-98 Contract Fee (1.00) $13.91396085 (0.072) 99.846 1,389.26
12-23-99 Contract Fee (1.00) $14.89666876 (0.067) 99.779 1,486.38
9-30-00 Value before Surr Chg $17.05817231 0.000 99.846 1,703.20
9-30-00 Contract Fee (1.00) $17.05817231 (0.059) 99.788 1,702.20
9-30-00 Surrender Charge (42.50) $17.05817231 (2.491) 97.296 1,659.70
Cumulative Total Returns without/with chgs. 70.58% A 65.97% C
Avg. Annual Total Returns without/with chgs. 15.21% B 14.37% D
USAllianz VIP Diversified Assets
11-11-99 Purchase $1,000.00 $10.03672160 99.634 99.634 $1,000.00
9-30-00 Contract Fee (1.00) $10.44027388 (0.096) 99.538 1,039.21
9-30-00 Value before Surr Chg $10.44027388 0.000 99.538 1,039.21
9-30-00 Surrender Charge (60.00) $10.44027388 (5.747) 93.791 979.21
Cumulative and Average Annual Total Returns
without/with charges 4.02% A -2.08% B
Avg. Annual Total Returns without/with chgs. 4.54% B -2.34% D
USAllianz VIP Fixed Income Fund
11-11-99 Purchase $1,000.00 $9.96674446 100.334 100.334 $1,000.00
9-30-00 Contract Fee (1.00) $10.25156380 (0.098) 100.236 1,027.58
9-30-00 Value before Surr Chg $10.25156380 0.000 100.236 1,027.58
9-30-00 Surrender Charge (60.00) $10.25156380 (5.853) 94.383 967.58
Cumulative and Average Annual Total Returns
without/with charges 2.86% A -3.24% B
Avg. Annual Total Returns without/with chgs. 3.23% B -3.65% D
USAllianz VIP Global Opportunities Fund
2-1-00 Purchase $1,000.00 $9.99959178 100.004 100.004 $1,000.00
9-30-00 Contract Fee (1.00) $9.12936138 (0.110) 99.895 911.97
9-30-00 Value before Surr Chg $9.12936138 0.000 99.895 911.97
9-30-00 Surrender Charge (60.00) $9.12936138 (6.572) 93.322 851.97
Cumulative and Average Annual Total Returns
without/with charges -8.70% A -14.80% B
Avg. Annual Total Returns without/with chgs. -12.83% B -21.46% D
USAllianz Growth Fund
11-11-99 Purchase $1,000.00 $10.08670528 99.140 99.140 $1,000.00
9-30-00 Contract Fee (1.00) $10.68811175 (0.094) 99.047 1,058.62
9-30-00 Value before Surr Chg $10.68811175 0.000 99.047 1,058.62
9-30-00 Surrender Charge (60.00) $10.68811175 (5.614) 93.433 998.62
Cumulative and Average Annual Total Returns
without/with charges 5.96% A -0.14% B
Avg. Annual Total Returns without/with chgs. 6.74% B -0.16% D
USAllianz Money Market Fund
2-1-00 Purchase $1,000.00 $10.00114459 99.989 99.989 $1,000.00
9-30-00 Contract Fee (1.00) $10.25955686 (0.097) 99.891 1,024.84
9-30-00 Value before Surr Chg $10.25955686 0.000 99.891 1,024.84
9-30-00 Surrender Charge (60.00) $10.25955686 (5.848) 94.043 964.84
Cumulative and Average Annual Total Returns
without/with charges 2.58% A -3.52% B
Avg. Annual Total Returns without/with chgs. 3.92% B -5.26% D
Franklin Global Communications Securities Fund
1-24-89 Purchase $1,000.00 $10.00000000 100.000 100.000 $1,000.00
1-24-90 Contract Fee (1.00) $11.47363453 (0.087) 99.913 1,146.36
1-24-91 Contract Fee (1.00) $11.95102656 (0.084) 99.829 1,193.06
1-24-92 Contract Fee (1.00) $14.20139407 (0.070) 99.759 1,416.71
1-24-93 Contract Fee (1.00) $15.91822229 (0.063) 99.696 1,586.98
1-24-94 Contract Fee (1.00) $16.43119760 (0.061) 99.635 1,637.12
1-24-95 Contract Fee (1.00) $15.48692698 (0.065) 99.571 1,542.04
1-24-96 Contract Fee (1.00) $19.69346882 (0.051) 99.520 1,959.89
1-24-97 Contract Fee (1.00) $20.83359223 (0.048) 99.472 2,072.35
1-24-98 Contract Fee (1.00) $25.00670659 (0.040) 99.432 2,486.46
1-24-99 Contract Fee (1.00) $27.85091832 (0.036) 99.396 2,768.27
1-24-00 Contract Fee (1.00) $39.26240520 (0.025) 99.370 3,901.52
9-30-00 Value before Surr Chg $33.19476956 0.000 99.370 3,298.58
9-30-00 Contract Fee (1.00) $33.19476956 (0.030) 99.340 3,297.58
9-30-00 Surrender Charge $33.19476956 0.000 99.340 3,297.58
Cumulative Total Returns without/with chgs. 231.95% A 229.76% C
Avg. Annual Total Returns without/with chgs. 10.81% B 10.75% D
Franklin Global Health Care Securities Fund
5-1-98 Purchase $1,000.00 $10.00000000 100.000 100.000 $1,000.00
5-1-99 Contract Fee (1.00) $8.68990569 (0.115) 99.885 867.99
5-1-00 Contract Fee (1.00) $11.93175771 (0.084) 99.801 1,190.80
9-30-00 Value before Surr Chg $16.65597112 0.000 99.801 1,662.28
9-30-00 Contract Fee (1.00) $16.65597112 (0.060) 99.741 1,661.28
9-30-00 Surrender Charge (51.00) $16.65597112 (3.062) 96.679 1,610.28
Cumulative Total Returns without/with chgs. 66.56% A 61.03% C
Avg. Annual Total Returns without/with chgs. 23.48% B 21.77% D
Franklin High Income Fund
1-24-89 Purchase $1,000.00 $10.00000000 100.000 100.000 $1,000.00
1-24-90 Contract Fee (1.00) $9.98265449 (0.100) 99.900 997.27
1-24-91 Contract Fee (1.00) $8.98103976 (0.111) 99.788 896.20
1-24-92 Contract Fee (1.00) $11.85616038 (0.084) 99.704 1,182.11
1-24-93 Contract Fee (1.00) $13.39874388 (0.075) 99.630 1,334.91
1-24-94 Contract Fee (1.00) $15.29126669 (0.065) 99.564 1,522.46
1-24-95 Contract Fee (1.00) $14.64571855 (0.068) 99.496 1,457.19
1-24-96 Contract Fee (1.00) $17.40215300 (0.057) 99.438 1,730.44
1-24-97 Contract Fee (1.00) $19.32656477 (0.052) 99.387 1,920.80
1-24-98 Contract Fee (1.00) $21.32546077 (0.047) 99.340 2,118.47
1-24-99 Contract Fee (1.00) $21.17467503 (0.047) 99.293 2,102.49
1-24-00 Contract Fee (1.00) $20.67483394 (0.048) 99.244 2,051.86
9-30-00 Value before Surr Chg $19.61842037 0.000 99.244 1,947.01
9-30-00 Contract Fee (1.00) $19.61842037 (0.051) 99.193 1,946.01
9-30-00 Surrender Charge $19.61842037 0.000 99.193 1,946.01
Cumulative Total Returns without/with chgs. 96.18% A 94.60% C
Avg. Annual Total Returns without/with chgs. 5.93% B 5.86% D
Franklin Income Securities Fund
1-24-89 Purchase $1,000.00 $10.00000000 100.000 100.000 $1,000.00
1-24-90 Contract Fee (1.00) $10.70345941 (0.093) 99.907 1,069.35
1-24-91 Contract Fee (1.00) $9.93454622 (0.101) 99.806 991.53
1-24-92 Contract Fee (1.00) $13.99562082 (0.071) 99.734 1,395.85
1-24-93 Contract Fee (1.00) $15.30544228 (0.065) 99.669 1,525.48
1-24-94 Contract Fee (1.00) $17.64961404 (0.057) 99.612 1,758.12
1-24-95 Contract Fee (1.00) $16.27638185 (0.061) 99.551 1,620.33
1-24-96 Contract Fee (1.00) $20.08267334 (0.050) 99.501 1,998.25
1-24-97 Contract Fee (1.00) $21.74528582 (0.046) 99.455 2,162.68
1-24-98 Contract Fee (1.00) $24.54291374 (0.041) 99.415 2,439.92
1-24-99 Contract Fee (1.00) $24.52276055 (0.041) 99.374 2,436.92
1-24-00 Contract Fee (1.00) $24.27376903 (0.041) 99.333 2,411.17
9-30-00 Value before Surr Chg $27.66683921 0.000 99.333 2,748.22
9-30-00 Contract Fee (1.00) $27.66683921 (0.036) 99.296 2,747.22
9-30-00 Surrender Charge $27.66683921 0.000 99.296 2,747.22
Cumulative Total Returns without/with chgs. 176.67% A 174.72% C
Avg. Annual Total Returns without/with chgs. 9.10% B 9.03% D
Franklin Large Cap Growth Securities Fund
5-1-96 Purchase $1,000.00 $10.00000000 100.000 100.000 $1,000.00
5-1-97 Contract Fee (1.00) $11.17227997 (0.090) 99.910 $1,116.23
5-1-98 Contract Fee (1.00) $14.62013773 (0.068) 99.842 $1,459.71
5-1-99 Contract Fee (1.00) $16.46083654 (0.061) 99.781 $1,642.48
5-1-00 Contract Fee (1.00) $21.62848487 (0.046) 99.735 $2,157.12
9-30-00 Contract Fee (1.00) $23.32945712 (0.043) 99.692 $2,325.77
9-30-00 Value before Surr Chg $23.32945712 0.000 99.692 $2,325.77
9-30-00 Surrender Charge (34.00) $23.32945712 (1.457) 98.235 $2,291.77
Cumulative Total Returns without/with chgs. 133.29% A 129.18% C
Avg. Annual Total Returns without/with chgs. 21.13% B 20.64% D
Franklin Natural Resources Securities Fund
1-24-89 Purchase $1,000.00 $10.00000000 100.000 100.000 $1,000.00
1-24-90 Contract Fee (1.00) $12.88562226 (0.078) 99.922 1,287.56
1-24-91 Contract Fee (1.00) $9.76834317 (0.102) 99.820 975.08
1-24-92 Contract Fee (1.00) $10.91292825 (0.092) 99.728 1,088.33
1-24-93 Contract Fee (1.00) $9.12197464 (0.110) 99.619 908.72
1-24-94 Contract Fee (1.00) $14.41516281 (0.069) 99.549 1,435.02
1-24-95 Contract Fee (1.00) $12.96347704 (0.077) 99.472 1,289.51
1-24-96 Contract Fee (1.00) $15.88612084 (0.063) 99.409 1,579.23
1-24-97 Contract Fee (1.00) $13.72771013 (0.073) 99.336 1,363.66
1-24-98 Contract Fee (1.00) $10.52200700 (0.095) 99.241 1,044.22
1-24-99 Contract Fee (1.00) $8.19126066 (0.122) 99.119 811.91
1-24-99 Contract Fee (1.00) $8.19126066 (0.122) 98.997 810.91
9-30-00 Value before Surr Chg $13.86356837 0.000 98.997 1,372.46
9-30-00 Contract Fee (1.00) $13.86356837 (0.072) 98.925 1,371.46
9-30-00 Surrender Charge $13.86356837 0.000 98.925 1,371.46
Cumulative Total Returns without/with chgs. 38.64% A 37.15% C
Avg. Annual Total Returns without/with chgs. 2.83% B 2.74% D
Franklin S&P 500 Index Fund
11-11-99 Purchase $1,000.00 $10.00000000 100.000 100.000 $1,000.00
9-30-00 Value before Surr Chg $10.27712496 0.000 100.000 1,027.71
9-30-00 Contract Fee (1.00) $10.27712496 (0.097) 99.903 1,026.71
9-30-00 Surrender Charge (60.00) $10.27712496 (5.838) 94.064 966.71
Cumulative Total Returns without/with chgs. 2.77% A -3.33% C
Avg. Annual Total Returns without/with chgs. 3.13% B -3.74% D
Franklin Value Securities Fund
5-1-98 Purchase $1,000.00 $10.00000000 100.000 100.000 $1,000.00
5-1-99 Contract Fee (1.00) $7.78347562 (0.128) 99.872 777.35
5-1-00 Contract Fee (1.00) $8.20955049 (0.122) 99.750 818.90
9-30-00 Value before Surr Chg $8.79940943 0.000 99.750 877.74
9-30-00 Contract Fee (1.00) $8.79940943 (0.114) 99.636 876.74
9-30-00 Surrender Charge (51.00) $8.79940943 (5.796) 93.840 825.74
Cumulative Total Returns without/with chgs. -12.01% A -17.43% C
Avg. Annual Total Returns without/with chgs. -5.15% B -7.61% D
Templeton International Securities Fund
1-27-92 Purchase $1,000.00 $10.00000000 100.000 100.000 $1,000.00
1-27-93 Contract Fee (1.00) $9.53509236 (0.105) 99.895 952.51
1-27-94 Contract Fee (1.00) $12.85431852 (0.078) 99.817 1,283.08
1-27-95 Contract Fee (1.00) $11.91221607 (0.084) 99.733 1,188.05
1-27-96 Contract Fee (1.00) $13.52801052 (0.074) 99.659 1,348.19
1-27-97 Contract Fee (1.00) $16.14799023 (0.062) 99.598 1,608.30
1-27-98 Contract Fee (1.00) $17.44491176 (0.057) 99.540 1,736.47
1-27-99 Contract Fee (1.00) $17.72403072 (0.056) 99.484 1,763.25
1-27-00 Contract Fee (1.00) $21.57394427 (0.046) 99.437 2,145.26
9-30-00 Value before Surr Chg $21.13785306 0.000 99.437 2,101.89
9-30-00 Contract Fee (1.00) $21.13785306 (0.047) 99.390 2,100.89
9-30-00 Surrender Charge $21.13785306 0.000 99.390 2,100.89
Cumulative Total Returns without/with chgs. 111.38% A 110.09% C
Avg. Annual Total Returns without/with chgs. 9.00% B 8.93% D
Templeton International Smaller Companies Fund
5-1-96 Purchase $1,000.00 $10.00000000 100.000 100.000 $1,000.00
5-1-97 Contract Fee (1.00) $11.32006145 (0.088) 99.912 1,131.01
5-1-98 Contract Fee (1.00) $12.03423474 (0.083) 99.829 1,201.36
5-1-99 Contract Fee (1.00) $10.34721028 (0.097) 99.732 1,031.95
5-1-00 Contract Fee (1.00) $11.53228803 (0.087) 99.645 1,149.14
9-30-00 Value before Surr Chg $11.38881135 0.000 99.645 1,134.84
9-30-00 Contract Fee (1.00) $11.38881135 (0.088) 99.557 1,133.84
9-30-00 Surrender Charge (34.00) $11.38881135 (2.985) 96.572 1,099.84
Cumulative Total Returns without/with chgs. 13.89% A 9.98% C
Avg. Annual Total Returns without/with chgs. 2.99% B 2.18% D
Franklin Aggressive Growth
5-1-00 Purchase $1,000.00 $9.99877534 100.012 100.012 $1,000.00
9-30-00 Contract Fee (1.00) $11.83535879 (0.084) 99.928 1,182.68
9-30-00 Value before Surr Chg $11.83535879 0.000 99.928 1,182.68
9-30-00 Surrender Charge (60.00) $11.83535879 (5.070) 94.858 1,122.68
Cumulative and Average Annual Total Returns
without/with charges 18.37% A 12.27% B
Franklin Technology Securities
5-1-00 Purchase $1,000.00 $9.99877534 100.012 100.012 $1,000.00
9-30-00 Contract Fee (1.00) $12.08379202 (0.083) 99.929 1,207.53
9-30-00 Value before Surr Chg $12.08379202 0.000 99.929 1,207.53
9-30-00 Surrender Charge (60.00) $12.08379202 (4.965) 94.964 1,147.53
Cumulative and Average Annual Total Returns
without/with charges 20.85% A 14.75% B
<FN>
A = (Unit Value as of September 30, 2000 - Unit Value at Purchase)/Unit Value at
Purchase B = [(A+1)^(1/Years since Inception)]-1 C = (Accumulated Value as of
September 30, 2000 - Accum. Value at Purch.)/Accum. Value at Purch.
D = [(C+1)^(1/Years since Inception)]-1
</FN>
</TABLE>
