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Variable Account Annual Expenses (as a percentage of average net assets)

Mortality and Expense Risk Charge: Distribution Charge:

1.25% .15%

Total Variable Account Annual Expenses:

1.40%

Charges for Optional Features1 (deducted from Certificate Value)

Option 1: High Anniversary Value

Charge for Option 1: (as a percentage of this option's "benefit base amount", as described in "Optional Death Benefits")

.15%

Option 2: Leveraged Earnings Option

Charge for Option 2: (as a percentage of this option's "benefit base amount", as described in "Optional Death

.15%

Benefits") _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

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You may choose one but not both optional features.

The next table shows the minimum and maximum total operating expenses charge by the Eligible Funds that you may pay periodically during the time that you own the Certificate. More detail concerning each Eligible Fund's fees and expenses is contained in the prospectus for each Eligible Fund.

Total Annual Eligible Fund Operating Expenses (as a percentage of average daily net assets)

Expenses that are deducted from Eligible Fund assets, including management fees, distribution and/or service (12b-1) fees, and other expenses

Minimum

Maximum

0.60%

1.66%1

1The expenses shown do not reflect any fee waiver or expense reimbursement.

The advisers and/or other service providers of certain Eligible Funds have agreed to reduce their fees and/or reimburse the Eligible Funds' expenses in order to keep the Eligible Funds' expenses below specified limits. The expenses of four Eligible Funds are reduced by contractual fee reduction and expense reimbursement arrangements that will remain in effect at least through April 30, 2006. Ten Eligible Funds have voluntary fee reduction and/or expense reimbursement arrangements that may be terminated at any time. The minimum and maximum Total Annual Operating Expenses for all Eligible Funds after all fee reductions and expense reimbursements are taken into consideration are 0.45% and 1.50% respectively. Each fee reduction and/or expense reimbursement arrangement is described in the relevant Eligible Fund's prospectus.

THE ABOVE EXPENSES FOR THE ELIGIBLE FUNDS WERE PROVIDED BY THE ELIGIBLE FUNDS. WE HAVE NOT INDEPENDENTLY VERIFIED THE ACCURACY OF THE INFORMATION.

EXAMPLES

The Examples are intended to help you compare the cost of investing in the Certificate with the cost of investing in other variable annuity contracts. These costs include Certificate Owner transaction expenses, Certificate fees, Variable Account annual expenses, Eligible Fund fees and expenses and the cost of optional death benefit 2.

The Examples assume that you invest $10,000 in the Certificate for the time periods indicated. The Examples also assume that your investment has a 5% return each year and assume the maximum fees and expenses of any of the Eligible Funds and the cost of optional death benefit 2. Optional Death Benefit 2 was used in these examples because, under the assumptions given, it results in higher expenses. However, under other

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