CASH VALUES RATE TABLES

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INVESTMENT CURRENCY:  $50,000 USD INVESTMENT CURRENCY:  50,000 CHF

Cash Value (end of year)

Year      Guaranteed              Estimated         Cash Value                 Investment               Dividends               (Total)

  1        49,763                 523              50,286

  2        51,327              1,093              52,420

  3        52,943              1,715              54,658

  4        54,613              2,391              57,004

  5        56,340              3,126              59,465

  6        56,086              3,902              59,988

  7        57,861              4,744              62,605

  8        59,696              5,655              65,351

  9        61,593              6,641              68,234

10        63,553              7,707              71,260

11        63,279              8,834              72,113
12        65,296            10,050              75,345
13        67,380            11,360              78,740
14        69,534            12,772              82,305
15        71,760            14,291              86,051
16        71,465            15,899              87,364
17        73,755            17,628              91,383
18        76,123            19,485              95,607
19        78,570            21,479            100,048
20        81,098            23,619            104,717

Cash Value (end of year)

Year      Guaranteed           Estimated         Cash Value                  Investment            Dividends               (Total)

  1        49,739               523            50,262

  2        51,277            1,087            52,364

  3        52,866            1,696            54,562

  4        54,507            2,354            56,861

  5        56,203            3,061            59,264

  6        55,922            3,802            59,724

  7        57,664            4,597            62,261

  8        59,464            5,451            64,915

  9        61,323            6,368            67,690

10        63,243            7,350            70,593
11        62,940            8,379            71,319
12        64,914            9,479            74,393
13        66,953          10,656            77,609
14        69,059          11,914            80,973
15        71,235          13,258            84,492
16        70,907          14,665            85,572
17        73,143          16,166            89,309
18        75,454          17,767            93,220
19        77,841          19,473            97,313
20        80,306          21,289          101,595
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