1yr pens 3 bkup
------------------------------------------------------------------------------------------------------------------------------------
Table 3 - Pennant Select Variable/Fixed Annuity Contracts Pennant Select - 1 YR - Tbl 3
------------------------------------------------------------------------------------------------------------------------------------
Average
Q = qualified $40 Contract # of units Annual Total
N = nonqualified Beginning # of units fee & deferred at end of Ending return for
------------------------------------------------------------------------------------------------------------------------------------
amethod system fund qnonq accdate unitval Value at $1000 sales load period Value 1yr
------------------------------------------------------------------------------------------------------------------------------------
3 PENS EMGGRO Q 10/31/97 10.693572 10000.000000 935.141223 0.000000 935.141223 10000.000000 -6.51%
3 PENS EMGGRO Q 10/31/98 10.000000 9351.412232 935.141223 0.235290 934.905933 9349.059332 -6.51%
3 PENS EMGMKT Q 10/31/97 15.159409 10000.000000 659.656323 0.000000 659.656323 10000.000000 -34.06%
3 PENS EMGMKT Q 10/31/98 10.000000 6596.563230 659.656323 0.235290 659.421033 6594.210330 -34.06%
3 PENS FIDASM Q 10/31/97 10.461735 10000.000000 955.864395 0.000000 955.864395 10000.000000 -4.44%
3 PENS FIDASM Q 10/31/98 10.000000 9558.643953 955.864395 0.235290 955.629105 9556.291053 -4.44%
3 PENS FIDEQI Q 10/31/97 9.827337 10000.000000 1017.569663 0.000000 1017.569663 10000.000000 1.73%
3 PENS FIDEQI Q 10/31/98 10.000000 10175.696631 1017.569663 0.235290 1017.334373 10173.343731 1.73%
3 PENS FIDGRO Q 10/31/97 9.438321 10000.000000 1059.510479 0.000000 1059.510479 10000.000000 5.93%
3 PENS FIDGRO Q 10/31/98 10.000000 10595.104786 1059.510479 0.235290 1059.275189 10592.751886 5.93%
3 PENS FIDIND Q 10/31/97 8.669827 10000.000000 1153.425553 0.000000 1153.425553 10000.000000 15.32%
3 PENS FIDIND Q 10/31/98 10.000000 11534.255528 1153.425553 0.235290 1153.190263 11531.902628 15.32%
3 PENS FLEXMN Q 10/31/97 9.446061 10000.000000 1058.642327 0.000000 1058.642327 10000.000000 5.84%
3 PENS FLEXMN Q 10/31/98 10.000000 10586.423272 1058.642327 0.235290 1058.407037 10584.070372 5.84%
3 PENS GROWEQ Q 10/31/97 8.374502 10000.000000 1194.100855 0.000000 1194.100855 10000.000000 19.39%
3 PENS GROWEQ Q 10/31/98 10.000000 11941.008552 1194.100855 0.235290 1193.865565 11938.655652 19.39%
3 PENS HIBOND Q 10/31/97 9.892647 10000.000000 1010.851797 0.000000 1010.851797 10000.000000 1.06%
3 PENS HIBOND Q 10/31/98 10.000000 10108.517973 1010.851797 0.235290 1010.616507 10106.165073 1.06%
3 PENS INTLEQ Q 10/31/97 9.256089 10000.000000 1080.369906 0.000000 1080.369906 10000.000000 8.01%
3 PENS INTLEQ Q 10/31/98 10.000000 10803.699057 1080.369906 0.235290 1080.134616 10801.346157 8.01%
3 PENS LIMMAT Q 10/31/97 9.683001 10000.000000 1032.737681 0.000000 1032.737681 10000.000000 3.25%
3 PENS LIMMAT Q 10/31/98 10.000000 10327.376812 1032.737681 0.235290 1032.502391 10325.023912 3.25%
3 PENS PARTNR Q 10/31/97 9.989274 10000.000000 1001.073752 0.000000 1001.073752 10000.000000 0.08%
3 PENS PARTNR Q 10/31/98 10.000000 10010.737517 1001.073752 0.235290 1000.838462 10008.384617 0.08%
3 PENS QUALBD Q 10/31/97 9.109501 10000.000000 1097.754970 0.000000 1097.754970 10000.000000 9.75%
3 PENS QUALBD Q 10/31/98 10.000000 10977.549703 1097.754970 0.235290 1097.519680 10975.196803 9.75%
3 PENS SMLCAP Q 10/31/97 11.840723 10000.000000 844.543023 0.000000 844.543023 10000.000000 -15.57%
3 PENS SMLCAP Q 10/31/98 10.000000 8445.430233 844.543023 0.235290 844.307733 8443.077333 -15.57%
3 PENS VALUEQ Q 10/31/97 9.180814 10000.000000 1089.228036 0.000000 1089.228036 10000.000000 8.90%
3 PENS VALUEQ Q 10/31/98 10.000000 10892.280358 1089.228036 0.235290 1088.992746 10889.927458 8.90%
Page 1
10yr pens 3 bkup
3 PENS HIBOND Q 10/31/89 4.698176 10219.068790 2175.114085 0.500811 10216.715890 2174.613273 8.06%
3 PENS HIBOND Q 10/31/90 4.107856 8932.998183 2174.613273 0.572781 8930.645283 2174.040493 8.06%
3 PENS HIBOND Q 10/31/91 5.420737 11784.901739 2174.040493 0.434055 11782.548839 2173.606437 8.06%
3 PENS HIBOND Q 10/31/92 6.145141 13357.118037 2173.606437 0.382888 13354.765137 2173.223550 8.06%
3 PENS HIBOND Q 10/31/93 7.348796 15970.576528 2173.223550 0.320175 15968.223628 2172.903375 8.06%
3 PENS HIBOND Q 10/31/94 7.118262 15467.295522 2172.903375 0.330544 15464.942622 2172.572830 8.06%
3 PENS HIBOND Q 10/31/95 7.716869 16765.459926 2172.572830 0.304903 16763.107026 2172.267927 8.06%
3 PENS HIBOND Q 10/31/96 8.595628 18672.007017 2172.267927 0.273732 18669.654117 2171.994195 8.06%
3 PENS HIBOND Q 10/31/97 9.892647 21486.771856 2171.994195 0.237843 21484.418956 2171.756352 8.06%
3 PENS HIBOND Q 10/31/98 10.000000 21717.563515 2171.756352 0.235290 21715.210615 2171.521062 8.06%
3 PENS INTLEQ Q 10/31/93 6.780778 10000.000000 1474.757026 0.000000 10000.000000 1474.757026 0.00%
3 PENS INTLEQ Q 10/31/94 7.185245 10596.490550 1474.757026 0.327463 10594.137650 1474.429564 0.00%
3 PENS INTLEQ Q 10/31/95 7.111342 10485.172882 1474.429564 0.330866 10482.819982 1474.098698 0.00%
3 PENS INTLEQ Q 10/31/96 8.188589 12070.788382 1474.098698 0.287339 12068.435482 1473.811359 0.00%
3 PENS INTLEQ Q 10/31/97 9.256089 13641.729108 1473.811359 0.254200 13639.376208 1473.557159 0.00%
3 PENS INTLEQ Q 10/31/98 10.000000 14735.571587 1473.557159 0.235290 14733.218687 1473.321869 0.00%
3 PENS LIMMAT Q 10/31/88 6.409040 10000.000000 1560.296082 0.000000 10000.000000 1560.296082 4.53%
3 PENS LIMMAT Q 10/31/89 6.900156 10766.286371 1560.296082 0.340992 10763.933471 1559.955089 4.53%
3 PENS LIMMAT Q 10/31/90 7.320476 11419.613794 1559.955089 0.321414 11417.260894 1559.633676 4.53%
3 PENS LIMMAT Q 10/31/91 7.969560 12429.594159 1559.633676 0.295236 12427.241259 1559.338440 4.53%
3 PENS LIMMAT Q 10/31/92 8.477709 13219.617528 1559.338440 0.277540 13217.264628 1559.060900 4.53%
3 PENS LIMMAT Q 10/31/93 8.955965 13962.894858 1559.060900 0.262719 13960.541958 1558.798182 4.53%
3 PENS LIMMAT Q 10/31/94 8.840839 13781.083758 1558.798182 0.266140 13778.730858 1558.532042 4.53%
3 PENS LIMMAT Q 10/31/95 9.478367 14772.338674 1558.532042 0.248239 14769.985774 1558.283803 4.53%
3 PENS LIMMAT Q 10/31/96 9.174547 14296.547989 1558.283803 0.256460 14294.195089 1558.027343 4.53%
3 PENS LIMMAT Q 10/31/97 9.683001 15086.380324 1558.027343 0.242993 15084.027424 1557.784350 4.53%
3 PENS LIMMAT Q 10/31/98 10.000000 15577.843505 1557.784350 0.235290 15575.490605 1557.549060 4.53%
3 PENS PARTNR Q 10/31/94 4.796650 10000.000000 2084.788342 0.000000 10000.000000 2084.788342 0.00%
3 PENS PARTNR Q 10/31/95 5.895340 12290.536103 2084.788342 0.399112 12288.183203 2084.389230 0.00%
3 PENS PARTNR Q 10/31/96 7.375327 15373.052167 2084.389230 0.319023 15370.699267 2084.070207 0.00%
3 PENS PARTNR Q 10/31/97 9.989274 20818.348332 2084.070207 0.235543 20815.995432 2083.834664 0.00%
3 PENS PARTNR Q 10/31/98 10.000000 20838.346642 2083.834664 0.235290 20835.993742 2083.599374 0.00%
3 PENS QUALBD Q 10/31/88 4.871573 10000.000000 2052.725064 0.000000 10000.000000 2052.725064 7.44%
3 PENS QUALBD Q 10/31/89 5.336973 10955.338245 2052.725064 0.440868 10952.985345 2052.284196 7.44%
3 PENS QUALBD Q 10/31/90 5.552432 11395.168446 2052.284196 0.423760 11392.815546 2051.860436 7.44%
3 PENS QUALBD Q 10/31/91 6.285700 12897.379144 2051.860436 0.374326 12895.026244 2051.486110 7.44%
3 PENS QUALBD Q 10/31/92 6.767127 13882.667048 2051.486110 0.347696 13880.314148 2051.138415 7.44%
Page 3
1 yr pens 2 bkup
-----------------------------------------------------------------------------------------------------------------------------------
Table 2 - Pennant Select Variable/ Pennant Select - 1 YR
Fixed Annuity Contracts - Tbl 2
-----------------------------------------------------------------------------------------------------------------------------------
Average
Q = qualified $40 Contract # of units Annual Total
N = nonqualified Beginning # of units fee & deferred at end of Ending return for
-----------------------------------------------------------------------------------------------------------------------------------
amethod system fund qnonq accdate unitval Value at $1000 sales load period Value 1yr
-----------------------------------------------------------------------------------------------------------------------------------
2 PENS BALFND Q 10/31/97 10.097183 1000.000000 99.037524 0.000000 99.037524 1000.000000 -1.20%
2 PENS BALFND Q 10/31/98 10.000000 990.375236 99.037524 0.235290 98.802234 988.022336- -1.20%
2 PENS EMGGRO Q 10/31/97 10.693572 1000.000000 93.514122 0.000000 93.514122 1000.000000 -6.72%
2 PENS EMGGRO Q 10/31/98 10.000000 935.141223 93.514122 0.235290 93.278832 932.788323- -6.72%
2 PENS EMGMKT Q 10/31/97 15.159409 1000.000000 65.965632 0.000000 65.965632 1000.000000 -34.27%
2 PENS EMGMKT Q 10/31/98 10.000000 659.656323 65.965632 0.235290 65.730342 657.303423 -34.27%
2 PENS FIDASM Q 10/31/97 10.461735 1000.000000 95.586440 0.000000 95.586440 1000.000000 -4.65%
2 PENS FIDASM Q 10/31/98 10.000000 955.864395 95.586440 0.235290 95.351150 953.511495 -4.65%
2 PENS FIDEQI Q 10/31/97 9.827337 1000.000000 101.756966 0.000000 101.756966 1000.000000 1.52%
2 PENS FIDEQI Q 10/31/98 10.000000 1017.569663 101.756966 0.235290 101.521676 1015.216763 1.52%
2 PENS FIDGRO Q 10/31/97 9.438321 1000.000000 105.951048 0.000000 105.951048 1000.000000 5.72%
2 PENS FIDGRO Q 10/31/98 10.000000 1059.510479 105.951048 0.235290 105.715758 1057.157579 5.72%
2 PENS FIDIND Q 10/31/97 8.669827 1000.000000 115.342555 0.000000 115.342555 1000.000000 15.11%
2 PENS FIDIND Q 10/31/98 10.000000 1153.425553 115.342555 0.235290 115.107265 1151.072653 15.11%
2 PENS FLEXMN Q 10/31/97 9.446061 1000.000000 105.864233 0.000000 105.864233 1000.000000 5.63%
2 PENS FLEXMN Q 10/31/98 10.000000 1058.642327 105.864233 0.235290 105.628943 1056.289427 5.63%
2 PENS GROWEQ Q 10/31/97 8.374502 1000.000000 119.410086 0.000000 119.410086 1000.000000 19.17%
2 PENS GROWEQ Q 10/31/98 10.000000 1194.100855 119.410086 0.235290 119.174796 1191.747955 19.17%
2 PENS HIBOND Q 10/31/97 9.892647 1000.000000 101.085180 0.000000 101.085180 1000.000000 0.85%
2 PENS HIBOND Q 10/31/98 10.000000 1010.851797 101.085180 0.235290 100.849890 1008.498897 0.85%
2 PENS INTLEQ Q 10/31/97 9.256089 1000.000000 108.036991 0.000000 108.036991 1000.000000 7.80%
2 PENS INTLEQ Q 10/31/98 10.000000 1080.369906 108.036991 0.235290 107.801701 1078.017006 7.80%
2 PENS LIMMAT Q 10/31/97 9.683001 1000.000000 103.273768 0.000000 103.273768 1000.000000 3.04%
2 PENS LIMMAT Q 10/31/98 10.000000 1032.737681 103.273768 0.235290 103.038478 1030.384781 3.04%
2 PENS PARTNR Q 10/31/97 9.989274 1000.000000 100.107375 0.000000 100.107375 1000.000000 -0.13%
2 PENS PARTNR Q 10/31/98 10.000000 1001.073752 100.107375 0.235290 99.872085 998.720852 -0.13%
2 PENS QUALBD Q 10/31/97 9.109501 1000.000000 109.775497 0.000000 109.775497 1000.000000 9.54%
2 PENS QUALBD Q 10/31/98 10.000000 1097.754970 109.775497 0.235290 109.540207 1095.402070 9.54%
2 PENS SMLCAP Q 10/31/97 11.840723 1000.000000 84.454302 0.000000 84.454302 1000.000000 -15.78%
2 PENS SMLCAP Q 10/31/98 10.000000 844.543023 84.454302 0.235290 84.219012 842.190123 -15.78%
2 PENS VALUEQ Q 10/31/97 9.180814 1000.000000 108.922804 0.000000 108.922804 1000.000000 8.69%
2 PENS VALUEQ Q 10/31/98 10.000000 1089.228036 108.922804 0.235290 108.687514 1086.875136 8.69%
-----------------------------------------------------------------------------------------------------------------------------------
Page 1
1yr pens 1a bkup
------------------------------------------------------------------------------------------------------------------------------------
Table 1A - Pennant Select Variable/Fixed Annuity Contracts Pennant Select - 1 YR - Tbl 1a
------------------------------------------------------------------------------------------------------------------------------------
(assuming no purchase payments made after first contract year)
------------------------------------------------------------------------------------------------------------------------------------
Average
Q = qualified $40 Contract # of units Annual Total
N = nonqualified Beginning # of units fee & deferred at end of Ending return for
------------------------------------------------------------------------------------------------------------------------------------
amethod system fund qnonq accdate unitval Value at $1000 sales load period Value 1yr
------------------------------------------------------------------------------------------------------------------------------------
1a PENS BALFND Q 10/31/97 10.097183 1000.000000 99.037524 0.000000 99.037524 1000.000000 -1.20%
1a PENS BALFND Q 10/31/98 10.000000 990.375236 99.037524 0.235290 98.802234 988.022336 -1.20%
1a PENS EMGGRO Q 10/31/97 10.693572 1000.000000 93.514122 0.000000 93.514122 1000.000000 -6.72%
1a PENS EMGGRO Q 10/31/98 10.000000 935.141223 93.514122 0.235290 93.278832 932.788323 -6.72%
1a PENS EMGMKT Q 10/31/97 15.159409 1000.000000 65.965632 0.000000 65.965632 1000.000000 -34.27%
1a PENS EMGMKT Q 10/31/98 10.000000 659.656323 65.965632 0.235290 65.730342 657.303423 -34.27%
1a PENS FIDASM Q 10/31/97 10.461735 1000.000000 95.586440 0.000000 95.586440 1000.000000 -4.65%
1a PENS FIDASM Q 10/31/98 10.000000 955.864395 95.586440 0.235290 95.351150 953.511495 -4.65%
1a PENS FIDEQI Q 10/31/97 9.827337 1000.000000 101.756966 0.000000 101.756966 1000.000000 1.52%
1a PENS FIDEQI Q 10/31/98 10.000000 1017.569663 101.756966 0.235290 101.521676 1015.216763 1.52%
1a PENS FIDGRO Q 10/31/97 9.438321 1000.000000 105.951048 0.000000 105.951048 1000.000000 5.72%
1a PENS FIDGRO Q 10/31/98 10.000000 1059.510479 105.951048 0.235290 105.715758 1057.157579 5.72%
1a PENS FIDIND Q 10/31/97 8.669827 1000.000000 115.342555 0.000000 115.342555 1000.000000 15.11%
1a PENS FIDIND Q 10/31/98 10.000000 1153.425553 115.342555 0.235290 115.107265 1151.072653 15.11%
1a PENS FLEXMN Q 10/31/97 9.446061 1000.000000 105.864233 0.000000 105.864233 1000.000000 5.63%
1a PENS FLEXMN Q 10/31/98 10.000000 1058.642327 105.864233 0.235290 105.628943 1056.289427 5.63%
1a PENS GROWEQ Q 10/31/97 8.374502 1000.000000 119.410086 0.000000 119.410086 1000.000000 19.17%
1a PENS GROWEQ Q 10/31/98 10.000000 1194.100855 119.410086 0.235290 119.174796 1191.747955 19.17%
1a PENS HIBOND Q 10/31/97 9.892647 1000.000000 101.085180 0.000000 101.085180 1000.000000 0.85%
1a PENS HIBOND Q 10/31/98 10.000000 1010.851797 101.085180 0.235290 100.849890 1008.498897 0.85%
1a PENS INTLEQ Q 10/31/97 9.256089 1000.000000 108.036991 0.000000 108.036991 1000.000000 7.80%
1a PENS INTLEQ Q 10/31/98 10.000000 1080.369906 108.036991 0.235290 107.801701 1078.017006 7.80%
1a PENS LIMMAT Q 10/31/97 9.683001 1000.000000 103.273768 0.000000 103.273768 1000.000000 3.04%
1a PENS LIMMAT Q 10/31/98 10.000000 1032.737681 103.273768 0.235290 103.038478 1030.384781 3.04%
1a PENS PARTNR Q 10/31/97 9.989274 1000.000000 100.107375 0.000000 100.107375 1000.000000 -0.13%
1a PENS PARTNR Q 10/31/98 10.000000 1001.073752 100.107375 0.235290 99.872085 998.720852 -0.13%
1a PENS QUALBD Q 10/31/97 9.109501 1000.000000 109.775497 0.000000 109.775497 1000.000000 9.54%
1a PENS QUALBD Q 10/31/98 10.000000 1097.754970 109.775497 0.235290 109.540207 1095.402070 9.54%
1a PENS SMLCAP Q 10/31/97 11.840723 1000.000000 84.454302 0.000000 84.454302 1000.000000 -15.78%
1a PENS SMLCAP Q 10/31/98 10.000000 844.543023 84.454302 0.235290 84.219012 842.190123 -15.78%
1a PENS VALUEQ Q 10/31/97 9.180814 1000.000000 108.922804 0.000000 108.922804 1000.000000 8.69%
1a PENS VALUEQ Q 10/31/98 10.000000 1089.228036 108.922804 0.235290 108.687514 1086.875136 8.69%
Page 1
5yr pens 3 bkup
------------------------------------------------------------------------------------------------------------------------------------
Table 3 - Pennant Select Variable/Fixed Annuity Contracts Pennant Select - 5 YR - Tbl 3
------------------------------------------------------------------------------------------------------------------------------------
Average
Q = qualified $40 Contract # of units Annual Total
N = nonqualified Beginning # of units fee & deferred at end of Ending return for
------------------------------------------------------------------------------------------------------------------------------------
amethod system fund qnonq accdate unitval bvalue bunits cunits rvalue eunits 5yr
------------------------------------------------------------------------------------------------------------------------------------
3 PENS EMGGRO Q 10/31/97 10.693572 10000.000000 935.141223 0.000000 10000.000000 935.141223 0.00%
3 PENS EMGGRO Q 10/31/98 10.000000 9351.412232 935.141223 0.235290 9349.059332 934.905933 0.00%
3 PENS EMGMKT Q 10/31/96 14.458904 10000.000000 691.615353 0.000000 10000.000000 691.615353 0.00%
3 PENS EMGMKT Q 10/31/97 15.159409 10484.480013 691.615353 0.155211 10482.127113 691.460143 0.00%
3 PENS EMGMKT Q 10/31/98 10.000000 6914.601429 691.460143 0.235290 6912.248529 691.224853 0.00%
3 PENS FIDASM Q 10/31/93 6.023530 10000.000000 1660.156088 0.000000 10000.000000 1660.156088 10.64%
3 PENS FIDASM Q 10/31/94 6.017591 9990.140333 1660.156088 0.391004 9987.787433 1659.765084 10.64%
3 PENS FIDASM Q 10/31/95 6.360709 10557.282709 1659.765084 0.369912 10554.929809 1659.395173 10.64%
3 PENS FIDASM Q 10/31/96 6.861890 11386.587141 1659.395173 0.342894 11384.234241 1659.052279 10.64%
3 PENS FIDASM Q 10/31/97 10.461735 17356.565292 1659.052279 0.224905 17354.212392 1658.827373 10.64%
3 PENS FIDASM Q 10/31/98 10.000000 16588.273734 1658.827373 0.235290 16585.920834 1658.592083 10.64%
3 PENS FIDEQI Q 10/31/93 4.190811 10000.000000 2386.172987 0.000000 10000.000000 2386.172987 18.97%
3 PENS FIDEQI Q 10/31/94 4.585389 10941.531365 2386.172987 0.513130 10939.178465 2385.659857 18.97%
3 PENS FIDEQI Q 10/31/95 5.523350 13176.834370 2385.659857 0.425991 13174.481470 2385.233865 18.97%
3 PENS FIDEQI Q 10/31/96 6.372224 15199.244482 2385.233865 0.369243 15196.891582 2384.864622 18.97%
3 PENS FIDEQI Q 10/31/97 9.827337 23436.868341 2384.864622 0.239424 23434.515441 2384.625198 18.97%
3 PENS FIDEQI Q 10/31/98 10.000000 23846.251981 2384.625198 0.235290 23843.899081 2384.389908 18.97%
3 PENS FIDGRO Q 10/31/93 5.379675 10000.000000 1858.848351 0.000000 10000.000000 1858.848351 13.17%
3 PENS FIDGRO Q 10/31/94 5.354891 9953.930302 1858.848351 0.439393 9951.577402 1858.408958 13.17%
3 PENS FIDGRO Q 10/31/95 7.272629 13515.518880 1858.408958 0.323528 13513.165980 1858.085430 13.17%
3 PENS FIDGRO Q 10/31/96 7.267510 13503.654441 1858.085430 0.323756 13501.301541 1857.761674 13.17%
3 PENS FIDGRO Q 10/31/97 9.438321 17534.151018 1857.761674 0.249292 17531.798118 1857.512381 13.17%
3 PENS FIDGRO Q 10/31/98 10.000000 18575.123815 1857.512381 0.235290 18572.770915 1857.277091 13.17%
3 PENS FIDIND Q 10/31/93 8.611003 10000.000000 1161.304903 0.000000 10000.000000 1161.304903 3.01%
3 PENS FIDIND Q 10/31/94 8.799264 10218.628422 1161.304903 0.267397 10216.275522 1161.037505 3.01%
3 PENS FIDIND Q 10/31/95 5.479617 6362.040851 1161.037505 0.429391 6359.687951 1160.608114 3.01%
3 PENS FIDIND Q 10/31/96 6.678923 7751.612226 1160.608114 0.352287 7749.259326 1160.255827 3.01%
3 PENS FIDIND Q 10/31/97 8.669827 10059.217292 1160.255827 0.271389 10056.864392 1159.984437 3.01%
3 PENS FIDIND Q 10/31/98 10.000000 11599.844371 1159.984437 0.235290 11597.491471 1159.749147 3.01%
3 PENS FLEXMN Q 10/31/93 6.195974 10000.000000 1613.951253 0.000000 10000.000000 1613.951253 10.02%
3 PENS FLEXMN Q 10/31/94 6.582611 10624.013271 1613.951253 0.357442 10621.660371 1613.593811 10.02%
3 PENS FLEXMN Q 10/31/95 7.520572 12135.148435 1613.593811 0.312862 12132.795535 1613.280949 10.02%
Page 1
5yr pens 3 bkup
3 PENS FLEXMN Q 10/31/96 8.143869 13138.348711 1613.280949 0.288917 13135.995811 1612.992033 10.02%
3 PENS FLEXMN Q 10/31/97 9.446061 15236.421132 1612.992033 0.249088 15234.068232 1612.742945 10.02%
3 PENS FLEXMN Q 10/31/98 10.000000 16127.429446 1612.742945 0.235290 16125.076546 1612.507655 10.02%
3 PENS GROWEQ Q 10/31/93 5.866512 10000.000000 1704.590394 0.000000 10000.000000 1704.590394 11.23%
3 PENS GROWEQ Q 10/31/94 5.389393 9186.707536 1704.590394 0.436580 9184.354636 1704.153814 11.23%
3 PENS GROWEQ Q 10/31/95 6.525015 11119.629198 1704.153814 0.360597 11117.276298 1703.793217 11.23%
3 PENS GROWEQ Q 10/31/96 6.662855 11352.127155 1703.793217 0.353137 11349.774255 1703.440080 11.23%
3 PENS GROWEQ Q 10/31/97 8.374502 14265.462358 1703.440080 0.280960 14263.109458 1703.159120 11.23%
3 PENS GROWEQ Q 10/31/98 10.000000 17031.591202 1703.159120 0.235290 17029.238302 1702.923830 11.23%
3 PENS HIBOND Q 10/31/93 7.348796 10000.000000 1360.767124 0.000000 10000.000000 1360.767124 6.33%
3 PENS HIBOND Q 10/31/94 7.118262 9686.296912 1360.767124 0.330544 9683.944012 1360.436580 6.33%
3 PENS HIBOND Q 10/31/95 7.716869 10498.310872 1360.436580 0.304903 10495.957972 1360.131677 6.33%
3 PENS HIBOND Q 10/31/96 8.595628 11691.185924 1360.131677 0.273732 11688.833024 1359.857944 6.33%
3 PENS HIBOND Q 10/31/97 9.892647 13452.594615 1359.857944 0.237843 13450.241715 1359.620101 6.33%
3 PENS HIBOND Q 10/31/98 10.000000 13596.201012 1359.620101 0.235290 13593.848112 1359.384811 6.33%
3 PENS INTLEQ Q 10/31/93 6.780778 10000.000000 1474.757026 0.000000 10000.000000 1474.757026 8.05%
3 PENS INTLEQ Q 10/31/94 7.185245 10596.490550 1474.757026 0.327463 10594.137650 1474.429564 8.05%
3 PENS INTLEQ Q 10/31/95 7.111342 10485.172882 1474.429564 0.330866 10482.819982 1474.098698 8.05%
3 PENS INTLEQ Q 10/31/96 8.188589 12070.788382 1474.098698 0.287339 12068.435482 1473.811359 8.05%
3 PENS INTLEQ Q 10/31/97 9.256089 13641.729108 1473.811359 0.254200 13639.376208 1473.557159 8.05%
3 PENS INTLEQ Q 10/31/98 10.000000 14735.571587 1473.557159 0.235290 14733.218687 1473.321869 8.05%
3 PENS LIMMAT Q 10/31/93 8.955965 10000.000000 1116.574261 0.000000 10000.000000 1116.574261 2.21%
3 PENS LIMMAT Q 10/31/94 8.840839 9871.453272 1116.574261 0.266140 9869.100372 1116.308121 2.21%
3 PENS LIMMAT Q 10/31/95 9.478367 10580.778055 1116.308121 0.248239 10578.425155 1116.059882 2.21%
3 PENS LIMMAT Q 10/31/96 9.174547 10239.343842 1116.059882 0.256460 10236.990942 1115.803422 2.21%
3 PENS LIMMAT Q 10/31/97 9.683001 10804.325655 1115.803422 0.242993 10801.972755 1115.560430 2.21%
3 PENS LIMMAT Q 10/31/98 10.000000 11155.604296 1115.560430 0.235290 11153.251396 1115.325140 2.21%
3 PENS PARTNR Q 10/31/94 4.796650 10000.000000 2084.788342 0.000000 10000.000000 2084.788342 0.00%
3 PENS PARTNR Q 10/31/95 5.895340 12290.536103 2084.788342 0.399112 12288.183203 2084.389230 0.00%
3 PENS PARTNR Q 10/31/96 7.375327 15373.052167 2084.389230 0.319023 15370.699267 2084.070207 0.00%
3 PENS PARTNR Q 10/31/97 9.989274 20818.348332 2084.070207 0.235543 20815.995432 2083.834664 0.00%
3 PENS PARTNR Q 10/31/98 10.000000 20838.346642 2083.834664 0.235290 20835.993742 2083.599374 0.00%
3 PENS QUALBD Q 10/31/93 7.584102 10000.000000 1318.547667 0.000000 10000.000000 1318.547667 5.66%
3 PENS QUALBD Q 10/31/94 7.024905 9262.672100 1318.547667 0.334937 9260.319200 1318.212730 5.66%
3 PENS QUALBD Q 10/31/95 8.166115 10764.676750 1318.212730 0.288130 10762.323850 1317.924601 5.66%
3 PENS QUALBD Q 10/31/96 8.585287 11314.760941 1317.924601 0.274062 11312.408041 1317.650539 5.66%
3 PENS QUALBD Q 10/31/97 9.109501 12003.138900 1317.650539 0.258291 12000.786000 1317.392248 5.66%
3 PENS QUALBD Q 10/31/98 10.000000 13173.922480 1317.392248 0.235290 13171.569580 1317.156958 5.66%
3 PENS SMLCAP Q 10/31/95 8.013464 10000.000000 1247.899785 0.000000 10000.000000 1247.899785 0.00%
Page 2
5yr pens 3 bkup
3 PENS SMLCAP Q 10/31/96 9.216480 11501.243407 1247.899785 0.255293 11498.890507 1247.644492 0.00%
3 PENS SMLCAP Q 10/31/97 11.840723 14773.012832 1247.644492 0.198713 14770.659932 1247.445779 0.00%
3 PENS SMLCAP Q 10/31/98 10.000000 12474.457794 1247.445779 0.235290 12472.104894 1247.210489 0.00%
3 PENS VALUEQ Q 10/31/93 4.815291 10000.000000 2076.717690 0.000000 10000.000000 2076.717690 15.71%
3 PENS VALUEQ Q 10/31/94 5.092570 10575.830204 2076.717690 0.462026 10573.477304 2076.255663 15.71%
3 PENS VALUEQ Q 10/31/95 6.236119 12947.777392 2076.255663 0.377302 12945.424492 2075.878362 15.71%
3 PENS VALUEQ Q 10/31/96 7.461407 15488.973338 2075.878362 0.315343 15486.620438 2075.563019 15.71%
3 PENS VALUEQ Q 10/31/97 9.180814 19055.358021 2075.563019 0.256284 19053.005121 2075.306734 15.71%
3 PENS VALUEQ Q 10/31/98 10.000000 20753.067344 2075.306734 0.235290 20750.714444 2075.071444 15.71%
Page 3
5 yr pens 2 bkup
-----------------------------------------------------------------------------------------------------------------------------------
Table 2 - Pennant Select Variable/Fixed Annuity Contracts Pennant Select - 5 YR - Tbl 2
-----------------------------------------------------------------------------------------------------------------------------------
Average
Q = qualified $40 Contract # of units Annual Total
N = nonqualified Beginning # of units fee & deferred at end of Ending return for
-----------------------------------------------------------------------------------------------------------------------------------
amethod system fund qnonq accdate unitval bvalue bunits cunits rvalue eunits 5yr
-----------------------------------------------------------------------------------------------------------------------------------
2 PENS BALFND Q 10/31/93 7.888625 1000.000000 126.764804 0.000000 1000.000000 126.764804 4.64%
2 PENS BALFND Q 10/31/94 7.702363 976.388534 126.764804 0.305478 974.035634 126.459326 4.64%
2 PENS BALFND Q 10/31/95 9.132473 1154.886381 126.459326 0.257641 1152.533481 126.201685 4.64%
2 PENS BALFND Q 10/31/96 8.204726 1035.450246 126.201685 0.286774 1033.097346 125.914911 4.64%
2 PENS BALFND Q 10/31/97 10.097183 1271.385901 125.914911 0.233025 1269.033001 125.681886 4.64%
2 PENS BALFND Q 10/31/98 10.000000 1256.818859 125.681886 0.235290 1254.465959 125.446596 4.64%
2 PENS EMGGRO Q 10/31/97 10.693572 1000.000000 93.514122 0.000000 1000.000000 93.514122 0.00%
2 PENS EMGGRO Q 10/31/98 10.000000 935.141223 93.514122 0.235290 932.788323 93.278832 0.00%
2 PENS EMGMKT Q 10/31/96 14.458904 1000.000000 69.161535 0.000000 1000.000000 69.161535 0.00%
2 PENS EMGMKT Q 10/31/97 15.159409 1048.448001 69.161535 0.155211 1046.095101 69.006325 0.00%
2 PENS EMGMKT Q 10/31/98 10.000000 690.063248 69.006325 0.235290 687.710348 68.771035 0.00%
2 PENS FIDASM Q 10/31/93 6.023530 1000.000000 166.015609 0.000000 1000.000000 166.015609 10.45%
2 PENS FIDASM Q 10/31/94 6.017591 999.014033 166.015609 0.391004 996.661133 165.624605 10.45%
2 PENS FIDASM Q 10/31/95 6.360709 1053.489917 165.624605 0.369912 1051.137017 165.254694 10.45%
2 PENS FIDASM Q 10/31/96 6.861890 1133.959529 165.254694 0.342894 1131.606629 164.911800 10.45%
2 PENS FIDASM Q 10/31/97 10.461735 1725.263547 164.911800 0.224905 1722.910647 164.686894 10.45%
2 PENS FIDASM Q 10/31/98 10.000000 1646.868944 164.686894 0.235290 1644.516044 164.451604 10.45%
2 PENS FIDEQI Q 10/31/93 4.190811 1000.000000 238.617299 0.000000 1000.000000 238.617299 18.81%
2 PENS FIDEQI Q 10/31/94 4.585389 1094.153136 238.617299 0.513130 1091.800236 238.104169 18.81%
2 PENS FIDEQI Q 10/31/95 5.523350 1315.132661 238.104169 0.425991 1312.779761 237.678177 18.81%
2 PENS FIDEQI Q 10/31/96 6.372224 1514.538586 237.678177 0.369243 1512.185686 237.308934 18.81%
2 PENS FIDEQI Q 10/31/97 9.827337 2332.114869 237.308934 0.239424 2329.761969 237.069510 18.81%
2 PENS FIDEQI Q 10/31/98 10.000000 2370.695102 237.069510 0.235290 2368.342202 236.834220 18.81%
2 PENS FIDGRO Q 10/31/93 5.379675 1000.000000 185.884835 0.000000 1000.000000 185.884835 13.00%
2 PENS FIDGRO Q 10/31/94 5.354891 995.393030 185.884835 0.439393 993.040130 185.445442 13.00%
2 PENS FIDGRO Q 10/31/95 7.272629 1348.675902 185.445442 0.323528 1346.323002 185.121914 13.00%
2 PENS FIDGRO Q 10/31/96 7.267510 1345.375363 185.121914 0.323756 1343.022463 184.798158 13.00%
2 PENS FIDGRO Q 10/31/97 9.438321 1744.184338 184.798158 0.249292 1741.831438 184.548866 13.00%
2 PENS FIDGRO Q 10/31/98 10.000000 1845.488660 184.548866 0.235290 1843.135760 184.313576 13.00%
2 PENS FIDIND Q 10/31/93 8.611003 1000.000000 116.130490 0.000000 1000.000000 116.130490 2.76%
Page 1
5yr pens 2 bkup
2 PENS FIDIND Q 10/31/94 8.799264 1021.862842 116.130490 0.267397 1019.509942 115.863093 2.76%
2 PENS FIDIND Q 10/31/95 5.479617 634.885373 115.863093 0.429391 632.532473 115.433702 2.76%
2 PENS FIDIND Q 10/31/96 6.678923 770.972804 115.433702 0.352287 768.619904 115.081414 2.76%
2 PENS FIDIND Q 10/31/97 8.669827 997.735952 115.081414 0.271389 995.383052 114.810025 2.76%
2 PENS FIDIND Q 10/31/98 10.000000 1148.100247 114.810025 0.235290 1145.747347 114.574735 2.76%
2 PENS FLEXMN Q 10/31/93 6.195974 1000.000000 161.395125 0.000000 1000.000000 161.395125 9.84%
2 PENS FLEXMN Q 10/31/94 6.582611 1062.401327 161.395125 0.357442 1060.048427 161.037684 9.84%
2 PENS FLEXMN Q 10/31/95 7.520572 1211.095494 161.037684 0.312862 1208.742594 160.724822 9.84%
2 PENS FLEXMN Q 10/31/96 8.143869 1308.921893 160.724822 0.288917 1306.568993 160.435905 9.84%
2 PENS FLEXMN Q 10/31/97 9.446061 1515.487345 160.435905 0.249088 1513.134445 160.186817 9.84%
2 PENS FLEXMN Q 10/31/98 10.000000 1601.868170 160.186817 0.235290 1599.515270 159.951527 9.84%
2 PENS GROWEQ Q 10/31/93 5.866512 1000.000000 170.459039 0.000000 1000.000000 170.459039 11.03%
2 PENS GROWEQ Q 10/31/94 5.389393 918.670754 170.459039 0.436580 916.317854 170.022460 11.03%
2 PENS GROWEQ Q 10/31/95 6.525015 1109.399099 170.022460 0.360597 1107.046199 169.661863 11.03%
2 PENS GROWEQ Q 10/31/96 6.662855 1130.432390 169.661863 0.353137 1128.079490 169.308726 11.03%
2 PENS GROWEQ Q 10/31/97 8.374502 1417.876263 169.308726 0.280960 1415.523363 169.027766 11.03%
2 PENS GROWEQ Q 10/31/98 10.000000 1690.277658 169.027766 0.235290 1687.924758 168.792476 11.03%
2 PENS HIBOND Q 10/31/93 7.348796 1000.000000 136.076712 0.000000 1000.000000 136.076712 6.13%
2 PENS HIBOND Q 10/31/94 7.118262 968.629691 136.076712 0.330544 966.276791 135.746168 6.13%
2 PENS HIBOND Q 10/31/95 7.716869 1047.535398 135.746168 0.304903 1045.182498 135.441265 6.13%
2 PENS HIBOND Q 10/31/96 8.595628 1164.202728 135.441265 0.273732 1161.849828 135.167533 6.13%
2 PENS HIBOND Q 10/31/97 9.892647 1337.164686 135.167533 0.237843 1334.811786 134.929689 6.13%
2 PENS HIBOND Q 10/31/98 10.000000 1349.296893 134.929689 0.235290 1346.943993 134.694399 6.13%
2 PENS INTLEQ Q 10/31/93 6.780778 1000.000000 147.475703 0.000000 1000.000000 147.475703 7.86%
2 PENS INTLEQ Q 10/31/94 7.185245 1059.649055 147.475703 0.327463 1057.296155 147.148240 7.86%
2 PENS INTLEQ Q 10/31/95 7.111342 1046.421459 147.148240 0.330866 1044.068559 146.817374 7.86%
2 PENS INTLEQ Q 10/31/96 8.188589 1202.227134 146.817374 0.287339 1199.874234 146.530035 7.86%
2 PENS INTLEQ Q 10/31/97 9.256089 1356.295047 146.530035 0.254200 1353.942147 146.275835 7.86%
2 PENS INTLEQ Q 10/31/98 10.000000 1462.758350 146.275835 0.235290 1460.405450 146.040545 7.86%
2 PENS LIMMAT Q 10/31/93 8.955965 1000.000000 111.657426 0.000000 1000.000000 111.657426 2.00%
2 PENS LIMMAT Q 10/31/94 8.840839 987.145327 111.657426 0.266140 984.792427 111.391286 2.00%
2 PENS LIMMAT Q 10/31/95 9.478367 1055.807491 111.391286 0.248239 1053.454591 111.143047 2.00%
2 PENS LIMMAT Q 10/31/96 9.174547 1019.687110 111.143047 0.256460 1017.334210 110.886588 2.00%
2 PENS LIMMAT Q 10/31/97 9.683001 1073.714940 110.886588 0.242993 1071.362040 110.643595 2.00%
2 PENS LIMMAT Q 10/31/98 10.000000 1106.435948 110.643595 0.235290 1104.083048 110.408305 2.00%
2 PENS PARTNR Q 10/31/94 4.796650 1000.000000 208.478834 0.000000 1000.000000 208.478834 0.00%
2 PENS PARTNR Q 10/31/95 5.895340 1229.053610 208.478834 0.399112 1226.700710 208.079722 0.00%
Page 2
5yr pens 2 bkup
2 PENS PARTNR Q 10/31/96 7.375327 1534.655994 208.079722 0.319023 1532.303094 207.760699 0.00%
2 PENS PARTNR Q 10/31/97 9.989274 2075.378551 207.760699 0.235543 2073.025651 207.525157 0.00%
2 PENS PARTNR Q 10/31/98 10.000000 2075.251566 207.525157 0.235290 2072.898666 207.289867 0.00%
2 PENS QUALBD Q 10/31/93 7.584102 1000.000000 131.854767 0.000000 1000.000000 131.854767 5.46%
2 PENS QUALBD Q 10/31/94 7.024905 926.267210 131.854767 0.334937 923.914310 131.519830 5.46%
2 PENS QUALBD Q 10/31/95 8.166115 1074.006055 131.519830 0.288130 1071.653155 131.231700 5.46%
2 PENS QUALBD Q 10/31/96 8.585287 1126.661809 131.231700 0.274062 1124.308909 130.957638 5.46%
2 PENS QUALBD Q 10/31/97 9.109501 1192.958737 130.957638 0.258291 1190.605837 130.699347 5.46%
2 PENS QUALBD Q 10/31/98 10.000000 1306.993475 130.699347 0.235290 1304.640575 130.464057 5.46%
2 PENS SMLCAP Q 10/31/95 8.013464 1000.000000 124.789978 0.000000 1000.000000 124.789978 0.00%
2 PENS SMLCAP Q 10/31/96 9.216480 1150.124341 124.789978 0.255293 1147.771441 124.534686 0.00%
2 PENS SMLCAP Q 10/31/97 11.840723 1474.580718 124.534686 0.198713 1472.227818 124.335973 0.00%
2 PENS SMLCAP Q 10/31/98 10.000000 1243.359732 124.335973 0.235290 1241.006832 124.100683 0.00%
2 PENS VALUEQ Q 10/31/93 4.815291 1000.000000 207.671769 0.000000 1000.000000 207.671769 15.54%
2 PENS VALUEQ Q 10/31/94 5.092570 1057.583020 207.671769 0.462026 1055.230120 207.209743 15.54%
2 PENS VALUEQ Q 10/31/95 6.236119 1292.184615 207.209743 0.377302 1289.831715 206.832441 15.54%
2 PENS VALUEQ Q 10/31/96 7.461407 1543.261023 206.832441 0.315343 1540.908123 206.517098 15.54%
2 PENS VALUEQ Q 10/31/97 9.180814 1895.995067 206.517098 0.256284 1893.642167 206.260814 15.54%
2 PENS VALUEQ Q 10/31/98 10.000000 2062.608138 206.260814 0.235290 2060.255238 206.025524 15.54%
Page 3
5yr pens 1a bkup
------------------------------------------------------------------------------------------------------------------------------------
Table 1A - Pennant Select Variable/Fixed Annuity Contracts Pennant Select - 5 YR - Tbl 1a
------------------------------------------------------------------------------------------------------------------------------------
(assuming no purchase payments made after first contract year)
------------------------------------------------------------------------------------------------------------------------------------
Average
Q = qualified $40 Contract # of units Annual Total
N = nonqualified Beginning # of units fee & deferred at end of Ending return for
------------------------------------------------------------------------------------------------------------------------------------
amethod system fund qnonq accdate unitval bvalue bunits cunits rvalue eunits 5yr
------------------------------------------------------------------------------------------------------------------------------------
1a PENS BALFND Q 10/31/93 7.888625 1000.000000 126.764804 0.000000 1000.000000 126.764804 4.64%
1a PENS BALFND Q 10/31/94 7.702363 976.388534 126.764804 0.305478 974.035634 126.459326 4.64%
1a PENS BALFND Q 10/31/95 9.132473 1154.886381 126.459326 0.257641 1152.533481 126.201685 4.64%
1a PENS BALFND Q 10/31/96 8.204726 1035.450246 126.201685 0.286774 1033.097346 125.914911 4.64%
1a PENS BALFND Q 10/31/97 10.097183 1271.385901 125.914911 0.233025 1269.033001 125.681886 4.64%
1a PENS BALFND Q 10/31/98 10.000000 1256.818859 125.681886 0.235290 1254.465959 125.446596 4.64%
1a PENS EMGGRO Q 10/31/97 10.693572 1000.000000 93.514122 0.000000 1000.000000 93.514122 0.00%
1a PENS EMGGRO Q 10/31/98 10.000000 935.141223 93.514122 0.235290 932.788323 93.278832 0.00%
1a PENS EMGMKT Q 10/31/96 14.458904 1000.000000 69.161535 0.000000 1000.000000 69.161535 0.00%
1a PENS EMGMKT Q 10/31/97 15.159409 1048.448001 69.161535 0.155211 1046.095101 69.006325 0.00%
1a PENS EMGMKT Q 10/31/98 10.000000 690.063248 69.006325 0.235290 687.710348 68.771035 0.00%
1a PENS FIDASM Q 10/31/93 6.023530 1000.000000 166.015609 0.000000 1000.000000 166.015609 10.45%
1a PENS FIDASM Q 10/31/94 6.017591 999.014033 166.015609 0.391004 996.661133 165.624605 10.45%
1a PENS FIDASM Q 10/31/95 6.360709 1053.489917 165.624605 0.369912 1051.137017 165.254694 10.45%
1a PENS FIDASM Q 10/31/96 6.861890 1133.959529 165.254694 0.342894 1131.606629 164.911800 10.45%
1a PENS FIDASM Q 10/31/97 10.461735 1725.263547 164.911800 0.224905 1722.910647 164.686894 10.45%
1a PENS FIDASM Q 10/31/98 10.000000 1646.868944 164.686894 0.235290 1644.516044 164.451604 10.45%
1a PENS FIDEQI Q 10/31/93 4.190811 1000.000000 238.617299 0.000000 1000.000000 238.617299 18.81%
1a PENS FIDEQI Q 10/31/94 4.585389 1094.153136 238.617299 0.513130 1091.800236 238.104169 18.81%
1a PENS FIDEQI Q 10/31/95 5.523350 1315.132661 238.104169 0.425991 1312.779761 237.678177 18.81%
1a PENS FIDEQI Q 10/31/96 6.372224 1514.538586 237.678177 0.369243 1512.185686 237.308934 18.81%
1a PENS FIDEQI Q 10/31/97 9.827337 2332.114869 237.308934 0.239424 2329.761969 237.069510 18.81%
1a PENS FIDEQI Q 10/31/98 10.000000 2370.695102 237.069510 0.235290 2368.342202 236.834220 18.81%
1a PENS FIDGRO Q 10/31/93 5.379675 1000.000000 185.884835 0.000000 1000.000000 185.884835 13.00%
1a PENS FIDGRO Q 10/31/94 5.354891 995.393030 185.884835 0.439393 993.040130 185.445442 13.00%
1a PENS FIDGRO Q 10/31/95 7.272629 1348.675902 185.445442 0.323528 1346.323002 185.121914 13.00%
1a PENS FIDGRO Q 10/31/96 7.267510 1345.375363 185.121914 0.323756 1343.022463 184.798158 13.00%
1a PENS FIDGRO Q 10/31/97 9.438321 1744.184338 184.798158 0.249292 1741.831438 184.548866 13.00%
1a PENS FIDGRO Q 10/31/98 10.000000 1845.488660 184.548866 0.235290 1843.135760 184.313576 13.00%
1a PENS FIDIND Q 10/31/93 8.611003 1000.000000 116.130490 0.000000 1000.000000 116.130490 2.76%
Page 1
5yr pens 1a bkup
1a PENS FIDIND Q 10/31/94 8.799264 1021.862842 166.130490 0.267397 1019.509942 115.863093 2.76%
1a PENS FIDIND Q 10/31/95 5.479617 634.885373 115.863093 0.429391 632.532473 115.433702 2.76%
1a PENS FIDIND Q 10/31/96 6.678923 770.972804 115.433702 0.352287 768.619904 115.081414 2.76%
1a PENS FIDIND Q 10/31/97 8.669827 997.735952 115.081414 0.271389 995.383052 114.810025 2.76%
1a PENS FIDIND Q 10/31/98 10.000000 1148.100247 114.810025 0.235290 1145.747347 114.574735 2.76%
1a PENS FLEXMN Q 10/31/93 6.195974 1000.000000 161.395125 0.000000 1000.000000 161.395125 9.84%
1a PENS FLEXMN Q 10/31/94 6.582611 1062.401327 161.395125 0.357442 1060.048427 161.037684 9.84%
1a PENS FLEXMN Q 10/31/95 7.520572 1211.095494 161.037684 0.312862 1208.742594 160.724822 9.84%
1a PENS FLEXMN Q 10/31/96 8.143869 1308.921893 160.724822 0.288917 1306.568993 160.435905 9.84%
1a PENS FLEXMN Q 10/31/97 9.446061 1515.487345 160.435905 0.249088 1513.134445 160.186817 9.84%
1a PENS FLEXMN Q 10/31/98 10.000000 1601.868170 160.186817 0.235290 1599.515270 159.951527 9.84%
1a PENS GROWEQ Q 10/31/93 5.866512 1000.000000 170.459039 0.000000 1000.000000 170.459039 11.03%
1a PENS GROWEQ Q 10/31/94 5.389393 918.670754 170.459039 0.436580 916.317854 170.022460 11.03%
1a PENS GROWEQ Q 10/31/95 6.525015 1109.399099 170.022460 0.360597 1107.046199 169.661863 11.03%
1a PENS GROWEQ Q 10/31/96 6.662855 1130.432390 169.661863 0.353137 1128.079490 169.308726 11.03%
1a PENS GROWEQ Q 10/31/97 8.374502 1417.876263 169.308726 0.280960 1415.523363 169.027766 11.03%
1a PENS GROWEQ Q 10/31/98 10.000000 1690.277658 169.027766 0.235290 1687.924758 168.792476 11.03%
1a PENS HIBOND Q 10/31/93 7.348796 1000.000000 136.076712 0.000000 1000.000000 136.076712 6.13%
1a PENS HIBOND Q 10/31/94 7.118262 968.629691 136.076712 0.330544 966.276791 135.746168 6.13%
1a PENS HIBOND Q 10/31/95 7.716869 1047.535398 135.746168 0.304903 1045.182498 135.441265 6.13%
1a PENS HIBOND Q 10/31/96 8.595628 1164.202728 135.441265 0.273732 1161.849828 135.167533 6.13%
1a PENS HIBOND Q 10/31/97 9.892647 1337.164686 135.167533 0.237843 1334.811786 134.929689 6.13%
1a PENS HIBOND Q 10/31/98 10.000000 1349.296893 134.929689 0.235290 1346.943993 134.694399 6.13%
1a PENS INTLEQ Q 10/31/93 6.780778 1000.000000 147.475703 0.000000 1000.000000 147.475703 7.86%
1a PENS INTLEQ Q 10/31/94 7.185245 1059.649055 147.475703 0.327463 1057.296155 147.148240 7.86%
1a PENS INTLEQ Q 10/31/95 7.111342 1046.421459 147.148240 0.330866 1044.068559 146.817374 7.86%
1a PENS INTLEQ Q 10/31/96 8.188589 1202.227134 146.817374 0.287339 1199.874234 146.530035 7.86%
1a PENS INTLEQ Q 10/31/97 9.256089 1356.295047 146.530035 0.254200 1353.942147 146.275835 7.86%
1a PENS INTLEQ Q 10/31/98 10.000000 1462.758350 146.275835 0.235290 1460.405450 146.040545 7.86%
1a PENS LIMMAT Q 10/31/93 8.955965 1000.000000 111.657426 0.000000 1000.000000 111.657426 2.00%
1a PENS LIMMAT Q 10/31/94 8.840839 987.145327 111.657426 0.266140 984.792427 111.391286 2.00%
1a PENS LIMMAT Q 10/31/95 9.478367 1055.807491 111.391286 0.248239 1053.454591 111.143047 2.00%
1a PENS LIMMAT Q 10/31/96 9.174547 1019.687110 111.143047 0.256460 1017.334210 110.886588 2.00%
1a PENS LIMMAT Q 10/31/97 9.683001 1073.714940 110.886588 0.242993 1071.362040 110.643595 2.00%
1a PENS LIMMAT Q 10/31/98 10.000000 1106.435948 110.643595 0.235290 1104.083048 110.408305 2.00%
1a PENS PARTNR Q 10/31/94 4.796650 1000.000000 208.478834 0.000000 1000.000000 208.478834 0.00%
1a PENS PARTNR Q 10/31/95 5.895340 1229.053610 208.478834 0.399112 1226.700710 208.079722 0.00%
Page 2
5yr pens 1a bkup
1a PENS PARTNR Q 10/31/96 7.375327 1534.655994 208.079722 0.319023 1532.303094 207.760699 0.00%
1a PENS PARTNR Q 10/31/97 9.989274 2075.378551 207.760699 0.235543 2073.025651 207.525157 0.00%
1a PENS PARTNR Q 10/31/98 10.000000 2075.251566 207.525157 0.235290 2072.898666 207.289867 0.00%
1a PENS QUALBD Q 10/31/93 7.584102 1000.000000 131.854767 0.000000 1000.000000 131.854767 5.46%
1a PENS QUALBD Q 10/31/94 7.024905 926.267210 131.854767 0.334937 923.914310 131.519830 5.46%
1a PENS QUALBD Q 10/31/95 8.166115 1074.006055 131.519830 0.288130 1071.653155 131.231700 5.46%
1a PENS QUALBD Q 10/31/96 8.585287 1126.661809 131.231700 0.274062 1124.308909 130.957638 5.46%
1a PENS QUALBD Q 10/31/97 9.109501 1192.958737 130.957638 0.258291 1190.605837 130.699347 5.46%
1a PENS QUALBD Q 10/31/98 10.000000 1306.993475 130.699347 0.235290 1304.640575 130.464057 5.46%
1a PENS SMLCAP Q 10/31/95 8.013464 1000.000000 124.789978 0.000000 1000.000000 124.789978 0.00%
1a PENS SMLCAP Q 10/31/96 9.216480 1150.124341 124.789978 0.255293 1147.771441 124.534686 0.00%
1a PENS SMLCAP Q 10/31/97 11.840723 1474.580718 124.534686 0.198713 1472.227818 124.335973 0.00%
1a PENS SMLCAP Q 10/31/98 10.000000 1243.359732 124.335973 0.235290 1241.006832 124.100683 0.00%
1a PENS VALUEQ Q 10/31/93 4.815291 1000.000000 207.671769 0.000000 1000.000000 207.671769 15.54%
1a PENS VALUEQ Q 10/31/94 5.092570 1057.583020 207.671769 0.462026 1055.230120 207.209743 15.54% 7.86%
1a PENS VALUEQ Q 10/31/95 6.236119 1292.184615 207.209743 0.377302 1289.831715 206.832441 15.54%
1a PENS VALUEQ Q 10/31/96 7.461407 1543.261023 206.832441 0.315343 1540.908123 206.517098 15.54%
1a PENS VALUEQ Q 10/31/97 9.180814 1895.995067 206.517098 0.256284 1893.642167 206.260814 15.54%
1a PENS VALUEQ Q 10/31/98 10.000000 2062.608138 206.260814 0.235290 2060.255238 206.025524 15.54%
Page 3
10yr pens 3 bkup
------------------------------------------------------------------------------------------------------------------------------------
Table 3 - Pennant Select Variable/Fixed Annuity Contracts Pennant Select - 10 YR - Tbl 3
------------------------------------------------------------------------------------------------------------------------------------
$40 Contract Average
Q = qualified fee & # of units Annual Total
N = nonqualified Beginning # of units deferred at end of Ending return for
-----------------------------------------------------------------------------------------------------------------------------------
amethod system fund qnonq accdate unitval bvalue bunits cunits rvalue eunits 10yr
-----------------------------------------------------------------------------------------------------------------------------------
3 PENS EMGGRO Q 10/31/97 10.693572 10000.000000 935.141223 0.000000 10000.000000 935.141223 0.00%
3 PENS EMGGRO Q 10/31/98 10.000000 9351.412232 935.141223 0.235290 9349.059332 934.905933 0.00%
3 PENS EMGMKT Q 10/31/96 14.458904 10000.000000 691.615353 0.000000 10000.000000 691.615353 0.00%
3 PENS EMGMKT Q 10/31/97 15.159409 10484.480013 691.615353 0.155211 10482.127113 691.460143 0.00%
3 PENS EMGMKT Q 10/31/98 10.000000 6914.601429 691.460143 0.235290 6912.248529 691.224853 0.00%
3 PENS FIDASM Q 10/31/89 3.703246 10000.000000 2700.333707 0.000000 10000.000000 2700.333707 0.00%
3 PENS FIDASM Q 10/31/90 3.638900 9826.244327 2700.333707 0.646596 9823.891427 2699.687111 0.00%
3 PENS FIDASM Q 10/31/91 4.627039 12491.557549 2699.687111 0.508511 12489.204649 2699.178600 0.00%
3 PENS FIDASM Q 10/31/92 5.048272 13626.187748 2699.178600 0.466080 13623.834848 2698.712520 0.00%
3 PENS FIDASM Q 10/31/93 6.023530 16255.775823 2698.712520 0.390618 16253.422923 2698.321901 0.00%
3 PENS FIDASM Q 10/31/94 6.017591 16237.397589 2698.321901 0.391004 16235.044689 2697.930898 0.00%
3 PENS FIDASM Q 10/31/95 6.360709 17160.753343 2697.930898 0.369912 17158.400443 2697.560986 0.00%
3 PENS FIDASM Q 10/31/96 6.861890 18510.366755 2697.560986 0.342894 18508.013855 2697.218092 0.00%
3 PENS FIDASM Q 10/31/97 10.461735 28217.580919 2697.218092 0.224905 28215.228019 2696.993187 0.00%
3 PENS FIDASM Q 10/31/98 10.000000 26969.931870 2696.993187 0.235290 26967.578970 2696.757897 0.00%
3 PENS FIDEQI Q 10/31/88 2.512627 10000.000000 3979.898330 0.000000 10000.000000 3979.898330 14.79%
3 PENS FIDEQI Q 10/31/89 2.848104 11335.164352 3979.898330 0.826129 11332.811452 3979.072201 14.79%
3 PENS FIDEQI Q 10/31/90 2.201191 8758.697917 3979.072201 1.068921 8756.345017 3978.003280 14.79%
3 PENS FIDEQI Q 10/31/91 3.031632 12059.842039 3978.003280 0.776117 12057.489139 3977.227163 14.79%
3 PENS FIDEQI Q 10/31/92 3.390167 13483.464280 3977.227163 0.694037 13481.111380 3976.533126 14.79%
3 PENS FIDEQI Q 10/31/93 4.190811 16664.898768 3976.533126 0.561443 16662.545868 3975.971684 14.79%
3 PENS FIDEQI Q 10/31/94 4.585389 18231.376823 3975.971684 0.513130 18229.023923 3975.458554 14.79%
3 PENS FIDEQI Q 10/31/95 5.523350 21957.849004 3975.458554 0.425991 21955.496104 3975.032562 14.79%
3 PENS FIDEQI Q 10/31/96 6.372224 25329.797895 3975.032562 0.369243 25327.444995 3974.663319 14.79%
3 PENS FIDEQI Q 10/31/97 9.827337 39060.355900 3974.663319 0.239424 39058.003000 3974.423895 14.79%
3 PENS FIDEQI Q 10/31/98 10.000000 39744.238953 3974.423895 0.235290 39741.886053 3974.188605 14.79%
3 PENS FIDGRO Q 10/31/88 2.591972 10000.000000 3858.066368 0.000000 10000.000000 3858.066368 14.43%
3 PENS FIDGRO Q 10/31/89 3.235152 12481.431127 3858.066368 0.727292 12479.078227 3857.339076 14.43%
3 PENS FIDGRO Q 10/31/90 2.633718 10159.143357 3857.339076 0.893376 10156.790457 3856.445700 14.43%
3 PENS FIDGRO Q 10/31/91 3.942101 15202.498451 3856.445700 0.596864 15200.145551 3855.848836 14.43%
Page 1
10yr pens 3 bkup
3 PENS FIDGRO Q 10/31/92 4.127327 15914.349008 3855.848836 0.570078 15911.996108 3855.278757 14.43%
3 PENS FIDGRO Q 10/31/93 5.379675 20740.146749 3855.278757 0.437368 20737.793849 3854.841389 14.43%
3 PENS FIDGRO Q 10/31/94 5.354891 20642.255460 3854.841389 0.439393 20639.902560 3854.401996 14.43%
3 PENS FIDGRO Q 10/31/95 7.272629 28031.635735 3854.401996 0.323528 28029.282835 3854.078468 14.43%
3 PENS FIDGRO Q 10/31/96 7.267510 28009.553808 3854.078468 0.323756 28007.200908 3853.754712 14.43%
3 PENS FIDGRO Q 10/31/97 9.438321 36372.974028 3853.754712 0.249292 36370.621128 3853.505420 14.43%
3 PENS FIDGRO Q 10/31/98 10.000000 38535.054199 3853.505420 0.235290 38532.701299 3853.270130 14.43%
3 PENS FIDIND Q 10/31/92 7.611036 10000.000000 1313.881579 0.000000 10000.000000 1313.881579 0.00%
3 PENS FIDIND Q 10/31/93 8.611003 11313.838221 1313.881579 0.273243 11311.485321 1313.608336 0.00%
3 PENS FIDIND Q 10/31/94 8.799264 11558.786540 1313.608336 0.267397 11556.433640 1313.340939 0.00%
3 PENS FIDIND Q 10/31/95 5.479617 7196.605334 1313.340939 0.429391 7194.252434 1312.911547 0.00%
3 PENS FIDIND Q 10/31/96 6.678923 8768.835130 1312.911547 0.352287 8766.482230 1312.559260 0.00%
3 PENS FIDIND Q 10/31/97 8.669827 11379.661710 1312.559260 0.271389 11377.308810 1312.287870 0.00%
3 PENS FIDIND Q 10/31/98 10.000000 13122.878704 1312.287870 0.235290 13120.525804 1312.052580 0.00%
3 PENS FLEXMN Q 10/31/88 3.614109 10000.000000 2766.933703 0.000000 10000.000000 2766.933703 10.69%
3 PENS FLEXMN Q 10/31/89 4.267152 11806.926686 2766.933703 0.551398 11804.573786 2766.382305 10.69%
3 PENS FLEXMN Q 10/31/90 3.804689 10525.224326 2766.382305 0.618421 10522.871426 2765.763884 10.69%
3 PENS FLEXMN Q 10/31/91 4.997659 13822.344767 2765.763884 0.470800 13819.991867 2765.293084 10.69%
3 PENS FLEXMN Q 10/31/92 5.386857 14896.238405 2765.293084 0.436785 14893.885505 2764.856298 10.69%
3 PENS FLEXMN Q 10/31/93 6.195974 17130.977738 2764.856298 0.379747 17128.624838 2764.476552 10.69%
3 PENS FLEXMN Q 10/31/94 6.582611 18197.473759 2764.476552 0.357442 18195.120859 2764.119110 10.69%
3 PENS FLEXMN Q 10/31/95 7.520572 20787.756784 2764.119110 0.312862 20785.403884 2763.806248 10.69%
3 PENS FLEXMN Q 10/31/96 8.143869 22508.076027 2763.806248 0.288917 22505.723127 2763.517331 10.69%
3 PENS FLEXMN Q 10/31/97 9.446061 26104.353288 2763.517331 0.249088 26102.000388 2763.268244 10.69%
3 PENS FLEXMN Q 10/31/98 10.000000 27632.682435 2763.268244 0.235290 27630.329535 2763.032954 10.69%
3 PENS GROWEQ Q 10/31/88 3.366636 10000.000000 2970.324086 0.000000 10000.000000 2970.324086 11.48%
3 PENS GROWEQ Q 10/31/89 4.245562 12610.695068 2970.324086 0.554202 12608.342168 2969.769884 11.48%
3 PENS GROWEQ Q 10/31/90 3.510568 10425.579122 2969.769884 0.670233 10423.226222 2969.099650 11.48%
3 PENS GROWEQ Q 10/31/91 4.720759 14016.403897 2969.099650 0.498416 14014.050997 2968.601235 11.48%
3 PENS GROWEQ Q 10/31/92 4.986739 14803.639553 2968.601235 0.471831 14801.286653 2968.129403 11.48%
3 PENS GROWEQ Q 10/31/93 5.866512 17412.566763 2968.129403 0.401073 17410.213863 2967.728330 11.48%
3 PENS GROWEQ Q 10/31/94 5.389393 15994.254290 2967.728330 0.436580 15991.901390 2967.291751 11.48%
3 PENS GROWEQ Q 10/31/95 6.525015 19361.623182 2967.291751 0.360597 19359.270282 2966.931154 11.48%
3 PENS GROWEQ Q 10/31/96 6.662855 19768.232072 2966.931154 0.353137 19765.879172 2966.578017 11.48%
3 PENS GROWEQ Q 10/31/97 8.374502 24843.613535 2966.578017 0.280960 24841.260635 2966.297057 11.48%
3 PENS GROWEQ Q 10/31/98 10.000000 29662.970568 2966.297057 0.235290 29660.617668 2966.061767 11.48%
3 PENS HIBOND Q 10/31/88 4.597460 10000.000000 2175.114085 0.000000 10000.000000 2175.114085 8.06%
Page 2
10yr pens 3 bkup
3 PENS HIBOND Q 10/31/89 4.698176 10219.068790 2175.114085 0.500811 10216.715890 2174.613273 8.06%
3 PENS HIBOND Q 10/31/90 4.107856 8932.998183 2174.613273 0.572781 8930.645283 2174.040493 8.06%
3 PENS HIBOND Q 10/31/91 5.420737 11784.901739 2174.040493 0.434055 11782.548839 2173.606437 8.06%
3 PENS HIBOND Q 10/31/92 6.145141 13357.118037 2173.606437 0.382888 13354.765137 2173.223550 8.06%
3 PENS HIBOND Q 10/31/93 7.348796 15970.576528 2173.223550 0.320175 15968.223628 2172.903375 8.06%
3 PENS HIBOND Q 10/31/94 7.118262 15467.295522 2172.903375 0.330544 15464.942622 2172.572830 8.06%
3 PENS HIBOND Q 10/31/95 7.716869 16765.459926 2172.572830 0.304903 16763.107026 2172.267927 8.06%
3 PENS HIBOND Q 10/31/96 8.595628 18672.007017 2172.267927 0.273732 18669.654117 2171.994195 8.06%
3 PENS HIBOND Q 10/31/97 9.892647 21486.771856 2171.994195 0.237843 21484.418956 2171.756352 8.06%
3 PENS HIBOND Q 10/31/98 10.000000 21717.563515 2171.756352 0.235290 21715.210615 2171.521062 8.06%
3 PENS INTLEQ Q 10/31/93 6.780778 10000.000000 1474.757026 0.000000 10000.000000 1474.757026 0.00%
3 PENS INTLEQ Q 10/31/94 7.185245 10596.490550 1474.757026 0.327463 10594.137650 1474.429564 0.00%
3 PENS INTLEQ Q 10/31/95 7.111342 10485.172882 1474.429564 0.330866 10482.819982 1474.098698 0.00%
3 PENS INTLEQ Q 10/31/96 8.188589 12070.788382 1474.098698 0.287339 12068.435482 1473.811359 0.00%
3 PENS INTLEQ Q 10/31/97 9.256089 13641.729108 1473.811359 0.254200 13639.376208 1473.557159 0.00%
3 PENS INTLEQ Q 10/31/98 10.000000 14735.571587 1473.557159 0.235290 14733.218687 1473.321869 0.00%
3 PENS LIMMAT Q 10/31/88 6.409040 10000.000000 1560.296082 0.000000 10000.000000 1560.296082 4.53%
3 PENS LIMMAT Q 10/31/89 6.900156 10766.286371 1560.296082 0.340992 10763.933471 1559.955089 4.53%
3 PENS LIMMAT Q 10/31/90 7.320476 11419.613794 1559.955089 0.321414 11417.260894 1559.633676 4.53%
3 PENS LIMMAT Q 10/31/91 7.969560 12429.594159 1559.633676 0.295236 12427.241259 1559.338440 4.53%
3 PENS LIMMAT Q 10/31/92 8.477709 13219.617528 1559.338440 0.277540 13217.264628 1559.060900 4.53%
3 PENS LIMMAT Q 10/31/93 8.955965 13962.894858 1559.060900 0.262719 13960.541958 1558.798182 4.53%
3 PENS LIMMAT Q 10/31/94 8.840839 13781.083758 1558.798182 0.266140 13778.730858 1558.532042 4.53%
3 PENS LIMMAT Q 10/31/95 9.478367 14772.338674 1558.532042 0.248239 14769.985774 1558.283803 4.53%
3 PENS LIMMAT Q 10/31/96 9.174547 14296.547989 1558.283803 0.256460 14294.195089 1558.027343 4.53%
3 PENS LIMMAT Q 10/31/97 9.683001 15086.380324 1558.027343 0.242993 15084.027424 1557.784350 4.53%
3 PENS LIMMAT Q 10/31/98 10.000000 15577.843505 1557.784350 0.235290 15575.490605 1557.549060 4.53%
3 PENS PARTNR Q 10/31/94 4.796650 10000.000000 2084.788342 0.000000 10000.000000 2084.788342 0.00%
3 PENS PARTNR Q 10/31/95 5.895340 12290.536103 2084.788342 0.399112 12288.183203 2084.389230 0.00%
3 PENS PARTNR Q 10/31/96 7.375327 15373.052167 2084.389230 0.319023 15370.699267 2084.070207 0.00%
3 PENS PARTNR Q 10/31/97 9.989274 20818.348332 2084.070207 0.235543 20815.995432 2083.834664 0.00%
3 PENS PARTNR Q 10/31/98 10.000000 20838.346642 2083.834664 0.235290 20835.993742 2083.599374 0.00%
3 PENS QUALBD Q 10/31/88 4.871573 10000.000000 2052.725064 0.000000 10000.000000 2052.725064 7.44%
3 PENS QUALBD Q 10/31/89 5.336973 10955.338245 2052.725064 0.440868 10952.985345 2052.284196 7.44%
3 PENS QUALBD Q 10/31/90 5.552432 11395.168446 2052.284196 0.423760 11392.815546 2051.860436 7.44%
3 PENS QUALBD Q 10/31/91 6.285700 12897.379144 2051.860436 0.374326 12895.026244 2051.486110 7.44%
3 PENS QUALBD Q 10/31/92 6.767127 13882.667048 2051.486110 0.347696 13880.314148 2051.138415 7.44%
Page 3
10yr pens 3 bkup
3 PENS QUALBD Q 10/31/93 7.584102 15556.042954 2051.138415 0.310241 15553.690054 2050.828174 7.44%
3 PENS QUALBD Q 10/31/94 7.024905 14406.873092 2050.828174 0.334937 14404.520192 2050.493237 7.44%
3 PENS QUALBD Q 10/31/95 8.166115 16744.563579 2050.493237 0.288130 16742.210679 2050.205107 7.44%
3 PENS QUALBD Q 10/31/96 8.585287 17601.599254 2050.205107 0.274062 17599.246354 2049.931045 7.44%
3 PENS QUALBD Q 10/31/97 9.109501 18673.848907 2049.931045 0.258291 18671.496007 2049.672754 7.44%
3 PENS QUALBD Q 10/31/98 10.000000 20496.727545 2049.672754 0.235290 20494.374645 2049.437464 7.44%
3 PENS SMLCAP Q 10/31/95 8.013464 10000.000000 1247.899785 0.000000 10000.000000 1247.899785 0.00%
3 PENS SMLCAP Q 10/31/96 9.216480 11501.243407 1247.899785 0.255293 11498.890507 1247.644492 0.00%
3 PENS SMLCAP Q 10/31/97 11.840723 14773.012832 1247.644492 0.198713 14770.659932 1247.445779 0.00%
3 PENS SMLCAP Q 10/31/98 10.000000 12474.457794 1247.445779 0.235290 12472.104894 1247.210489 0.00%
3 PENS VALUEQ Q 10/31/88 3.194640 10000.000000 3130.243157 0.000000 10000.000000 3130.243157 12.06%
3 PENS VALUEQ Q 10/31/89 3.538815 11077.351439 3130.243157 0.664884 11074.998539 3129.578274 12.06%
3 PENS VALUEQ Q 10/31/90 2.913098 9116.768210 3129.578274 0.807697 9114.415310 3128.770577 12.06%
3 PENS VALUEQ Q 10/31/91 3.916254 12253.060287 3128.770577 0.600804 12250.707387 3128.169773 12.06%
3 PENS VALUEQ Q 10/31/92 4.405568 13781.364651 3128.169773 0.534074 13779.011751 3127.635699 12.06%
3 PENS VALUEQ Q 10/31/93 4.815291 15060.476033 3127.635699 0.488631 15058.123133 3127.147068 12.06%
3 PENS VALUEQ Q 10/31/94 5.092570 15925.215345 3127.147068 0.462026 15922.862445 3126.685042 12.06%
3 PENS VALUEQ Q 10/31/95 6.236119 19498.379998 3126.685042 0.377302 19496.027098 3126.307740 12.06%
3 PENS VALUEQ Q 10/31/96 7.461407 23326.654456 3126.307740 0.315343 23324.301556 3125.992397 12.06%
3 PENS VALUEQ Q 10/31/97 9.180814 28699.154766 3125.992397 0.256284 28696.801866 3125.736113 12.06%
3 PENS VALUEQ Q 10/31/98 10.000000 31257.361129 3125.736113 0.235290 31255.008229 3125.500823 12.06%
Page 4
10 yr pens 2 bkup
------------------------------------------------------------------------------------------------------------------------------------
Table 2 - Pennant Select Variable/Fixed Annuity Contracts Pennant Select - 10 YR - Tbl 2
------------------------------------------------------------------------------------------------------------------------------------
Average
Q = qualified $40 Contract # of units Annual Total
N = nonqualified Beginning # of units fee & deferred at end of Ending return for
------------------------------------------------------------------------------------------------------------------------------------
amethod system fund qnonq accdate unitval bvalue bunits cunits rvalue eunits 10yr
------------------------------------------------------------------------------------------------------------------------------------
2 PENS BALFND Q 10/31/89 5.730320 1000.000000 174.510324 0.000000 1000.000000 174.510324 0.00%
2 PENS BALFND Q 10/31/90 5.460737 952.954983 174.510324 0.430876 950.602083 174.079448 0.00%
2 PENS BALFND Q 10/31/91 6.701046 1166.514390 174.079448 0.351124 1164.161490 173.728324 0.00%
2 PENS BALFND Q 10/31/92 7.182450 1247.795000 173.728324 0.327590 1245.442100 173.400734 0.00%
2 PENS BALFND Q 10/31/93 7.888625 1367.893363 173.400734 0.298265 1365.540463 173.102469 0.00%
2 PENS BALFND Q 10/31/94 7.702363 1333.298051 173.102469 0.305478 1330.945151 172.796991 0.00%
2 PENS BALFND Q 10/31/95 9.132473 1578.063856 172.796991 0.257641 1575.710956 172.539350 0.00%
2 PENS BALFND Q 10/31/96 8.204726 1415.638091 172.539350 0.286774 1413.285191 172.252576 0.00%
2 PENS BALFND Q 10/31/97 10.097183 1739.265785 172.252576 0.233025 1736.912885 172.019551 0.00%
2 PENS BALFND Q 10/31/98 10.000000 1720.195509 172.019551 0.235290 1717.842609 171.784261 0.00%
2 PENS EMGGRO Q 10/31/97 10.693572 1000.000000 93.514122 0.000000 1000.000000 93.514122 0.00%
2 PENS EMGGRO Q 10/31/98 10.000000 935.141223 93.514122 0.235290 932.788323 93.278832 0.00%
2 PENS EMGMKT Q 10/31/96 14.458904 1000.000000 69.161535 0.000000 1000.000000 69.161535 0.00%
2 PENS EMGMKT Q 10/31/97 15.159409 1048.448001 69.161535 0.155211 1046.095101 69.006325 0.00%
2 PENS EMGMKT Q 10/31/98 10.000000 690.063248 69.006325 0.235290 687.710348 68.771035 0.00%
2 PENS FIDASM Q 10/31/89 3.703246 1000.000000 270.033371 0.000000 1000.000000 270.033371 0.00%
2 PENS FIDASM Q 10/31/90 3.638900 982.624433 270.033371 0.646596 980.271533 269.386774 0.00%
2 PENS FIDASM Q 10/31/91 4.627039 1246.463110 269.386774 0.508511 1244.110210 268.878263 0.00%
2 PENS FIDASM Q 10/31/92 5.048272 1357.370608 268.878263 0.466080 1355.017708 268.412183 0.00%
2 PENS FIDASM Q 10/31/93 6.023530 1616.788837 268.412183 0.390618 1614.435937 268.021565 0.00%
2 PENS FIDASM Q 10/31/94 6.017591 1612.844157 268.021565 0.391004 1610.491257 267.630561 0.00%
2 PENS FIDASM Q 10/31/95 6.360709 1702.320120 267.630561 0.369912 1699.967220 267.260650 0.00%
2 PENS FIDASM Q 10/31/96 6.861890 1833.913179 267.260650 0.342894 1831.560279 266.917756 0.00%
2 PENS FIDASM Q 10/31/97 10.461735 2792.422828 266.917756 0.224905 2790.069928 266.692850 0.00%
2 PENS FIDASM Q 10/31/98 10.000000 2666.928504 266.692850 0.235290 2664.575604 266.457560 0.00%
2 PENS FIDEQI Q 10/31/88 2.512627 1000.000000 397.989833 0.000000 1000.000000 397.989833 14.64%
2 PENS FIDEQI Q 10/31/89 2.848104 1133.516435 397.989833 0.826129 1131.163535 397.163704 14.64%
2 PENS FIDEQI Q 10/31/90 2.201191 874.233172 397.163704 1.068921 871.880272 396.094783 14.64%
2 PENS FIDEQI Q 10/31/91 3.031632 1200.813619 396.094783 0.776117 1198.460719 395.318666 14.64%
2 PENS FIDEQI Q 10/31/92 3.390167 1340.196298 395.318666 0.694037 1337.843398 394.624630 14.64%
Page 1
10 yr pens 2 bkup
2 PENS FIDEQI Q 10/31/93 4.190811 1653.797240 394.624630 0.561443 1651.444340 394.063187 14.64%
2 PENS FIDEQI Q 10/31/94 4.585389 1806.933004 394.063187 0.513130 1804.580104 393.550057 14.64%
2 PENS FIDEQI Q 10/31/95 5.523350 2173.714709 393.550057 0.425991 2171.361809 393.124066 14.64%
2 PENS FIDEQI Q 10/31/96 6.372224 2505.074608 393.124066 0.369243 2502.721708 392.754823 14.64%
2 PENS FIDEQI Q 10/31/97 9.827337 3859.734001 392.754823 0.239424 3857.381101 392.515399 14.64%
2 PENS FIDEQI Q 10/31/98 10.000000 3925.153988 392.515399 0.235290 3922.801088 392.280109 14.64%
2 PENS FIDGRO Q 10/31/88 2.591972 1000.000000 385.806637 0.000000 1000.000000 385.806637 14.30%
2 PENS FIDGRO Q 10/31/89 3.235152 1248.143113 385.806637 0.727292 1245.790213 385.079345 14.30%
2 PENS FIDGRO Q 10/31/90 2.633718 1014.190402 385.079345 0.893376 1011.837502 384.185969 14.30%
2 PENS FIDGRO Q 10/31/91 3.942101 1514.499893 384.185969 0.596864 1512.146993 383.589105 14.30%
2 PENS FIDGRO Q 10/31/92 4.127327 1583.197668 383.589105 0.570078 1580.844768 383.019026 14.30%
2 PENS FIDGRO Q 10/31/93 5.379675 2060.517880 383.019026 0.437368 2058.164980 382.581658 14.30%
2 PENS FIDGRO Q 10/31/94 5.354891 2048.683076 382.581658 0.439393 2046.330176 382.142265 14.30%
2 PENS FIDGRO Q 10/31/95 7.272629 2779.178919 382.142265 0.323528 2776.826019 381.818737 14.30%
2 PENS FIDGRO Q 10/31/96 7.267510 2774.871489 381.818737 0.323756 2772.518589 381.494981 14.30%
2 PENS FIDGRO Q 10/31/97 9.438321 3600.672090 381.494981 0.249292 3598.319190 381.245689 14.30%
2 PENS FIDGRO Q 10/31/98 10.000000 3812.456887 381.245689 0.235290 3810.103987 381.010399 14.30%
2 PENS FIDIND Q 10/31/92 7.611036 1000.000000 131.388158 0.000000 1000.000000 131.388158 0.00%
2 PENS FIDIND Q 10/31/93 8.611003 1131.383822 131.388158 0.273243 1129.030922 131.114915 0.00%
2 PENS FIDIND Q 10/31/94 8.799264 1153.714747 131.114915 0.267397 1151.361847 130.847517 0.00%
2 PENS FIDIND Q 10/31/95 5.479617 716.994279 130.847517 0.429391 714.641379 130.418126 0.00%
2 PENS FIDIND Q 10/31/96 6.678923 871.052620 130.418126 0.352287 868.699720 130.065838 0.00%
2 PENS FIDIND Q 10/31/97 8.669827 1127.648318 130.065838 0.271389 1125.295418 129.794449 0.00%
2 PENS FIDIND Q 10/31/98 10.000000 1297.944490 129.794449 0.235290 1295.591590 129.559159 0.00%
2 PENS FLEXMN Q 10/31/88 3.614109 1000.000000 276.693370 0.000000 1000.000000 276.693370 10.55%
2 PENS FLEXMN Q 10/31/89 4.267152 1180.692669 276.693370 0.551398 1178.339769 276.141972 10.55%
2 PENS FLEXMN Q 10/31/90 3.804689 1050.634324 276.141972 0.618421 1048.281424 275.523551 10.55%
2 PENS FLEXMN Q 10/31/91 4.997659 1376.972754 275.523551 0.470800 1374.619854 275.052751 10.55%
2 PENS FLEXMN Q 10/31/92 5.386857 1481.669835 275.052751 0.436785 1479.316935 274.615965 10.55%
2 PENS FLEXMN Q 10/31/93 6.195974 1701.513381 274.615965 0.379747 1699.160481 274.236219 10.55%
2 PENS FLEXMN Q 10/31/94 6.582611 1805.190350 274.236219 0.357442 1802.837450 273.878777 10.55%
2 PENS FLEXMN Q 10/31/95 7.520572 2059.725061 273.878777 0.312862 2057.372161 273.565915 10.55%
2 PENS FLEXMN Q 10/31/96 8.143869 2227.884975 273.565915 0.288917 2225.532075 273.276998 10.55%
2 PENS FLEXMN Q 10/31/97 9.446061 2581.391196 273.276998 0.249088 2579.038296 273.027910 10.55%
2 PENS FLEXMN Q 10/31/98 10.000000 2730.279104 273.027910 0.235290 2727.926204 272.792620 10.55%
2 PENS GROWEQ Q 10/31/88 3.366636 1000.000000 297.032409 0.000000 1000.000000 297.032409 11.33%
2 PENS GROWEQ Q 10/31/89 4.245562 1261.069507 297.032409 0.554202 1258.716607 296.478206 11.33%
Page 2
10 yr pens 2 bkup
2 PENS GROWEQ Q 10/31/90 3.510568 1040.806904 296.478206 0.670233 1038.454004 295.807973 11.33%
2 PENS GROWEQ Q 10/31/91 4.720759 1396.438151 295.807973 0.498416 1394.085251 295.309557 11.33%
2 PENS GROWEQ Q 10/31/92 4.986739 1472.631687 295.309557 0.471831 1470.278787 294.837726 11.33%
2 PENS GROWEQ Q 10/31/93 5.866512 1729.669057 294.837726 0.401073 1727.316157 294.436653 11.33%
2 PENS GROWEQ Q 10/31/94 5.389393 1586.834836 294.436653 0.436580 1584.481936 294.000073 11.33%
2 PENS GROWEQ Q 10/31/95 6.525015 1918.354887 294.000073 0.360597 1916.001987 293.639476 11.33%
2 PENS GROWEQ Q 10/31/96 6.662855 1956.477252 293.639476 0.353137 1954.124352 293.286339 11.33%
2 PENS GROWEQ Q 10/31/97 8.374502 2456.127035 293.286339 0.280960 2453.774135 293.005379 11.33%
2 PENS GROWEQ Q 10/31/98 10.000000 2930.053793 293.005379 0.235290 2927.700893 292.770089 11.33%
2 PENS HIBOND Q 10/31/88 4.597460 1000.000000 217.511408 0.000000 1000.000000 217.511408 7.90%
2 PENS HIBOND Q 10/31/89 4.698176 1021.906879 217.511408 0.500811 1019.553979 217.010597 7.90%
2 PENS HIBOND Q 10/31/90 4.107856 891.448283 217.010597 0.572781 889.095383 216.437817 7.90%
2 PENS HIBOND Q 10/31/91 5.420737 1173.252480 216.437817 0.434055 1170.899580 216.003761 7.90%
2 PENS HIBOND Q 10/31/92 6.145141 1327.373569 216.003761 0.382888 1325.020669 215.620873 7.90%
2 PENS HIBOND Q 10/31/93 7.348796 1584.553811 215.620873 0.320175 1582.200911 215.300698 7.90%
2 PENS HIBOND Q 10/31/94 7.118262 1532.566780 215.300698 0.330544 1530.213880 214.970154 7.90%
2 PENS HIBOND Q 10/31/95 7.716869 1658.896519 214.970154 0.304903 1656.543619 214.665251 7.90%
2 PENS HIBOND Q 10/31/96 8.595628 1845.182640 214.665251 0.273732 1842.829740 214.391519 7.90%
2 PENS HIBOND Q 10/31/97 9.892647 2120.899613 214.391519 0.237843 2118.546713 214.153675 7.90%
2 PENS HIBOND Q 10/31/98 10.000000 2141.536753 214.153675 0.235290 2139.183853 213.918385 7.90%
2 PENS INTLEQ Q 10/31/93 6.780778 1000.000000 147.475703 0.000000 1000.000000 147.475703 0.00%
2 PENS INTLEQ Q 10/31/94 7.185245 1059.649055 147.475703 0.327463 1057.296155 147.148240 0.00%
2 PENS INTLEQ Q 10/31/95 7.111342 1046.421459 147.148240 0.330866 1044.068559 146.817374 0.00%
2 PENS INTLEQ Q 10/31/96 8.188589 1202.227134 146.817374 0.287339 1199.874234 146.530035 0.00%
2 PENS INTLEQ Q 10/31/97 9.256089 1356.295047 146.530035 0.254200 1353.942147 146.275835 0.00%
2 PENS INTLEQ Q 10/31/98 10.000000 1462.758350 146.275835 0.235290 1460.405450 146.040545 0.00%
2 PENS LIMMAT Q 10/31/88 6.409040 1000.000000 156.029608 0.000000 1000.000000 156.029608 4.36%
2 PENS LIMMAT Q 10/31/89 6.900156 1076.628637 156.029608 0.340992 1074.275737 155.688616 4.36%
2 PENS LIMMAT Q 10/31/90 7.320476 1139.714776 155.688616 0.321414 1137.361876 155.367202 4.36%
2 PENS LIMMAT Q 10/31/91 7.969560 1238.208241 155.367202 0.295236 1235.855341 155.071966 4.36%
2 PENS LIMMAT Q 10/31/92 8.477709 1314.655006 155.071966 0.277540 1312.302106 154.794427 4.36%
2 PENS LIMMAT Q 10/31/93 8.955965 1386.333469 154.794427 0.262719 1383.980569 154.531708 4.36%
2 PENS LIMMAT Q 10/31/94 8.840839 1366.189952 154.531708 0.266140 1363.837052 154.265568 4.36%
2 PENS LIMMAT Q 10/31/95 9.478367 1462.185671 154.265568 0.248239 1459.832771 154.017329 4.36%
2 PENS LIMMAT Q 10/31/96 9.174547 1413.039226 154.017329 0.256460 1410.686326 153.760870 4.36%
2 PENS LIMMAT Q 10/31/97 9.683001 1488.866655 153.760870 0.242993 1486.513755 153.517877 4.36%
2 PENS LIMMAT Q 10/31/98 10.000000 1535.178769 153.517877 0.235290 1532.825869 153.282587 4.36%
Page 3
10 yr pens 2 bkup
2 PENS PARTNR Q 10/31/94 4.796650 1000.000000 208.478834 0.000000 1000.000000 208.478834 0.00%
2 PENS PARTNR Q 10/31/95 5.895340 1229.053610 208.478834 0.399112 1226.700710 208.079722 0.00%
2 PENS PARTNR Q 10/31/96 7.375327 1534.655994 208.079722 0.319023 1532.303094 207.760699 0.00%
2 PENS PARTNR Q 10/31/97 9.989274 2075.378551 207.760699 0.235543 2073.025651 207.525157 0.00%
2 PENS PARTNR Q 10/31/98 10.000000 2075.251566 207.525157 0.235290 2072.898666 207.289867 0.00%
2 PENS QUALBD Q 10/31/88 4.871573 1000.000000 205.272506 0.000000 1000.000000 205.272506 7.28%
2 PENS QUALBD Q 10/31/89 5.336973 1095.533824 205.272506 0.440868 1093.180924 204.831639 7.28%
2 PENS QUALBD Q 10/31/90 5.552432 1137.313745 204.831639 0.423760 1134.960845 204.407878 7.28%
2 PENS QUALBD Q 10/31/91 6.285700 1284.846601 204.407878 0.374326 1282.493701 204.033552 7.28%
2 PENS QUALBD Q 10/31/92 6.767127 1380.720962 204.033552 0.347696 1378.368062 203.685857 7.28%
2 PENS QUALBD Q 10/31/93 7.584102 1544.774315 203.685857 0.310241 1542.421415 203.375616 7.28%
2 PENS QUALBD Q 10/31/94 7.024905 1428.694380 203.375616 0.334937 1426.341480 203.040679 7.28%
2 PENS QUALBD Q 10/31/95 8.166115 1658.053534 203.040679 0.288130 1655.700634 202.752549 7.28%
2 PENS QUALBD Q 10/31/96 8.585287 1740.688825 202.752549 0.274062 1738.335925 202.478487 7.28%
2 PENS QUALBD Q 10/31/97 9.109501 1844.477983 202.478487 0.258291 1842.125083 202.220197 7.28%
2 PENS QUALBD Q 10/31/98 10.000000 2022.201966 202.220197 0.235290 2019.849066 201.984907 7.28%
2 PENS SMLCAP Q 10/31/95 8.013464 1000.000000 124.789978 0.000000 1000.000000 124.789978 0.00%
2 PENS SMLCAP Q 10/31/96 9.216480 1150.124341 124.789978 0.255293 1147.771441 124.534686 0.00%
2 PENS SMLCAP Q 10/31/97 11.840723 1474.580718 124.534686 0.198713 1472.227818 124.335973 0.00%
2 PENS SMLCAP Q 10/31/98 10.000000 1243.359732 124.335973 0.235290 1241.006832 124.100683 0.00%
2 PENS VALUEQ Q 10/31/88 3.194640 1000.000000 313.024316 0.000000 1000.000000 313.024316 11.91%
2 PENS VALUEQ Q 10/31/89 3.538815 1107.735144 313.024316 0.664884 1105.382244 312.359432 11.91%
2 PENS VALUEQ Q 10/31/90 2.913098 909.933637 312.359432 0.807697 907.580737 311.551735 11.91%
2 PENS VALUEQ Q 10/31/91 3.916254 1220.115730 311.551735 0.600804 1217.762830 310.950932 11.91%
2 PENS VALUEQ Q 10/31/92 4.405568 1369.915474 310.950932 0.534074 1367.562574 310.416857 11.91%
2 PENS VALUEQ Q 10/31/93 4.815291 1494.747500 310.416857 0.488631 1492.394600 309.928227 11.91%
2 PENS VALUEQ Q 10/31/94 5.092570 1578.331189 309.928227 0.462026 1575.978289 309.466200 11.91%
2 PENS VALUEQ Q 10/31/95 6.236119 1929.868053 309.466200 0.377302 1927.515153 309.088899 11.91%
2 PENS VALUEQ Q 10/31/96 7.461407 2306.238071 309.088899 0.315343 2303.885171 308.773556 11.91%
2 PENS VALUEQ Q 10/31/97 9.180814 2834.792584 308.773556 0.256284 2832.439684 308.517271 11.91%
2 PENS VALUEQ Q 10/31/98 10.000000 3085.172714 308.517271 0.235290 3082.819814 308.281981 11.91%
Page 4
10yr pens 1a bkup
------------------------------------------------------------------------------------------------------------------------------------
Table 1A - Pennant Select Variable/Fixed Annuity Contracts Pennant Select - 10 YR - Tbl 1a
------------------------------------------------------------------------------------------------------------------------------------
(assuming no purchase payments made after first contract year)
------------------------------------------------------------------------------------------------------------------------------------
Average
Q = qualified $40 Contract # of units Annual Total
N = nonqualified Beginning # of units fee & deferred at end of Ending return for
------------------------------------------------------------------------------------------------------------------------------------
amethod system fund qnonq accdate unitval bvalue bunits cunits rvalue eunits 10yr
------------------------------------------------------------------------------------------------------------------------------------
1a PENS BALFND Q 10/31/89 5.730320 1000.000000 174.510324 0.000000 1000.000000 174.510324 0.00%
1a PENS BALFND Q 10/31/90 5.460737 952.954983 174.510324 0.430876 950.602083 174.079448 0.00%
1a PENS BALFND Q 10/31/91 6.701046 1166.514390 174.079448 0.351124 1164.161490 173.728324 0.00%
1a PENS BALFND Q 10/31/92 7.182450 1247.795000 173.728324 0.327590 1245.442100 173.400734 0.00%
1a PENS BALFND Q 10/31/93 7.888625 1367.893363 173.400734 0.298265 1365.540463 173.102469 0.00%
1a PENS BALFND Q 10/31/94 7.702363 1333.298051 173.102469 0.305478 1330.945151 172.796991 0.00%
1a PENS BALFND Q 10/31/95 9.132473 1578.063856 172.796991 0.257641 1575.710956 172.539350 0.00%
1a PENS BALFND Q 10/31/96 8.204726 1415.638091 172.539350 0.286774 1413.285191 172.252576 0.00%
1a PENS BALFND Q 10/31/97 10.097183 1739.265785 172.252576 0.233025 1736.912885 172.019551 0.00%
1a PENS BALFND Q 10/31/98 10.000000 1720.195509 172.019551 0.235290 1717.842609 171.784261 0.00%
1a PENS EMGGRO Q 10/31/97 10.693572 1000.000000 93.514122 0.000000 1000.000000 93.514122 0.00%
1a PENS EMGGRO Q 10/31/98 10.000000 935.141223 93.514122 0.235290 932.788323 93.278832 0.00%
1a PENS EMGMKT Q 10/31/96 14.458904 1000.000000 69.161535 0.000000 1000.000000 69.161535 0.00%
1a PENS EMGMKT Q 10/31/97 15.159409 1048.448001 69.161535 0.155211 1046.095101 69.006325 0.00%
1a PENS EMGMKT Q 10/31/98 10.000000 690.063248 69.006325 0.235290 687.710348 68.771035 0.00%
1a PENS FIDASM Q 10/31/89 3.703246 1000.000000 270.033371 0.000000 1000.000000 270.033371 0.00%
1a PENS FIDASM Q 10/31/90 3.638900 982.624433 270.033371 0.646596 980.271533 269.386774 0.00%
1a PENS FIDASM Q 10/31/91 4.627039 1246.463110 269.386774 0.508511 1244.110210 268.878263 0.00%
1a PENS FIDASM Q 10/31/92 5.048272 1357.370608 268.878263 0.466080 1355.017708 268.412183 0.00%
1a PENS FIDASM Q 10/31/93 6.023530 1616.788837 268.412183 0.390618 1614.435937 268.021565 0.00%
1a PENS FIDASM Q 10/31/94 6.017591 1612.844157 268.021565 0.391004 1610.491257 267.630561 0.00%
1a PENS FIDASM Q 10/31/95 6.360709 1702.320120 267.630561 0.369912 1699.967220 267.260650 0.00%
1a PENS FIDASM Q 10/31/96 6.861890 1833.913179 267.260650 0.342894 1831.560279 266.917756 0.00%
1a PENS FIDASM Q 10/31/97 10.461735 2792.422828 266.917756 0.224905 2790.069928 266.692850 0.00%
1a PENS FIDASM Q 10/31/98 10.000000 2666.928504 266.692850 0.235290 2664.575604 266.457560 0.00%
1a PENS FIDEQI Q 10/31/88 2.512627 1000.000000 397.989833 0.000000 1000.000000 397.989833 14.64%
1a PENS FIDEQI Q 10/31/89 2.848104 1133.516435 397.989833 0.826129 1131.163535 397.163704 14.64%
1a PENS FIDEQI Q 10/31/90 2.201191 874.233172 397.163704 1.068921 871.880272 396.094783 14.64%
1a PENS FIDEQI Q 10/31/91 3.031632 1200.813619 396.094783 0.776117 1198.460719 395.318666 14.64%
1a PENS FIDEQI Q 10/31/92 3.390167 1340.196298 395.318666 0.694037 1337.843398 394.624630 14.64%
Page 1
10yr pens 1a bkup
1a PENS FIDEQI Q 10/31/93 4.190811 1653.797240 394.624630 0.561443 1651.444340 394.063187 14.64%
1a PENS FIDEQI Q 10/31/94 4.585389 1806.933004 394.063187 0.513130 1804.580104 393.550057 14.64%
1a PENS FIDEQI Q 10/31/95 5.523350 2173.714709 393.550057 0.425991 2171.361809 393.124066 14.64%
1a PENS FIDEQI Q 10/31/96 6.372224 2505.074608 393.124066 0.369243 2502.721708 392.754823 14.64%
1a PENS FIDEQI Q 10/31/97 9.827337 3859.734001 392.754823 0.239424 3857.381101 392.515399 14.64%
1a PENS FIDEQI Q 10/31/98 10.000000 3925.153988 392.515399 0.235290 3922.801088 392.280109 14.64%
1a PENS FIDGRO Q 10/31/88 2.591972 1000.000000 385.806637 0.000000 1000.000000 385.806637 14.30%
1a PENS FIDGRO Q 10/31/89 3.235152 1248.143113 385.806637 0.727292 1245.790213 385.079345 14.30%
1a PENS FIDGRO Q 10/31/90 2.633718 1014.190402 385.079345 0.893376 1011.837502 384.185969 14.30%
1a PENS FIDGRO Q 10/31/91 3.942101 1514.499893 384.185969 0.596864 1512.146993 383.589105 14.30%
1a PENS FIDGRO Q 10/31/92 4.127327 1583.197668 383.589105 0.570078 1580.844768 383.019026 14.30%
1a PENS FIDGRO Q 10/31/93 5.379675 2060.517880 383.019026 0.437368 2058.164980 382.581658 14.30%
1a PENS FIDGRO Q 10/31/94 5.354891 2048.683076 382.581658 0.439393 2046.330176 382.142265 14.30%
1a PENS FIDGRO Q 10/31/95 7.272629 2779.178919 382.142265 0.323528 2776.826019 381.818737 14.30%
1a PENS FIDGRO Q 10/31/96 7.267510 2774.871489 381.818737 0.323756 2772.518589 381.494981 14.30%
1a PENS FIDGRO Q 10/31/97 9.438321 3600.672090 381.494981 0.249292 3598.319190 381.245689 14.30%
1a PENS FIDGRO Q 10/31/98 10.000000 3812.456887 381.245689 0.235290 3810.103987 381.010399 14.30%
1a PENS FIDIND Q 10/31/92 7.611036 1000.000000 131.388158 0.000000 1000.000000 131.388158 0.00%
1a PENS FIDIND Q 10/31/93 8.611003 1131.383822 131.388158 0.273243 1129.030922 131.114915 0.00%
1a PENS FIDIND Q 10/31/94 8.799264 1153.714747 131.114915 0.267397 1151.361847 130.847517 0.00%
1a PENS FIDIND Q 10/31/95 5.479617 716.994279 130.847517 0.429391 714.641379 130.418126 0.00%
1a PENS FIDIND Q 10/31/96 6.678923 871.052620 130.418126 0.352287 868.699720 130.065838 0.00%
1a PENS FIDIND Q 10/31/97 8.669827 1127.648318 130.065838 0.271389 1125.295418 129.794449 0.00%
1a PENS FIDIND Q 10/31/98 10.000000 1297.944490 129.794449 0.235290 1295.591590 129.559159 0.00%
1a PENS FLEXMN Q 10/31/88 3.614109 1000.000000 276.693370 0.000000 1000.000000 276.693370 10.55%
1a PENS FLEXMN Q 10/31/89 4.267152 1180.692669 276.693370 0.551398 1178.339769 276.141972 10.55%
1a PENS FLEXMN Q 10/31/90 3.804689 1050.634324 276.141972 0.618421 1048.281424 275.523551 10.55%
1a PENS FLEXMN Q 10/31/91 4.997659 1376.972754 275.523551 0.470800 1374.619854 275.052751 10.55%
1a PENS FLEXMN Q 10/31/92 5.386857 1481.669835 275.052751 0.436785 1479.316935 274.615965 10.55%
1a PENS FLEXMN Q 10/31/93 6.195974 1701.513381 274.615965 0.379747 1699.160481 274.236219 10.55%
1a PENS FLEXMN Q 10/31/94 6.582611 1805.190350 274.236219 0.357442 1802.837450 273.878777 10.55%
1a PENS FLEXMN Q 10/31/95 7.520572 2059.725061 273.878777 0.312862 2057.372161 273.565915 10.55%
1a PENS FLEXMN Q 10/31/96 8.143869 2227.884975 273.565915 0.288917 2225.532075 273.276998 10.55%
1a PENS FLEXMN Q 10/31/97 9.446061 2581.391196 273.276998 0.249088 2579.038296 273.027910 10.55%
1a PENS FLEXMN Q 10/31/98 10.000000 2730.279104 273.027910 0.235290 2727.926204 272.792620 10.55%
1a PENS GROWEQ Q 10/31/88 3.366636 1000.000000 297.032409 0.000000 1000.000000 297.032409 11.33%
1a PENS GROWEQ Q 10/31/89 4.245562 1261.069507 297.032409 0.554202 1258.716607 296.478206 11.33%
Page 2
10yr pens 1a bkup
1a PENS GROWEQ Q 10/31/90 3.510568 1040.806904 296.478206 0.670233 1038.454004 295.807973 11.33%
1a PENS GROWEQ Q 10/31/91 4.720759 1396.438151 295.807973 0.498416 1394.085251 295.309557 11.33%
1a PENS GROWEQ Q 10/31/92 4.986739 1472.631687 295.309557 0.471831 1470.278787 294.837726 11.33%
1a PENS GROWEQ Q 10/31/93 5.866512 1729.669057 294.837726 0.401073 1727.316157 294.436653 11.33%
1a PENS GROWEQ Q 10/31/94 5.389393 1586.834836 294.436653 0.436580 1584.481936 294.000073 11.33%
1a PENS GROWEQ Q 10/31/95 6.525015 1918.354887 294.000073 0.360597 1916.001987 293.639476 11.33%
1a PENS GROWEQ Q 10/31/96 6.662855 1956.477252 293.639476 0.353137 1954.124352 293.286339 11.33%
1a PENS GROWEQ Q 10/31/97 8.374502 2456.127035 293.286339 0.280960 2453.774135 293.005379 11.33%
1a PENS GROWEQ Q 10/31/98 10.000000 2930.053793 293.005379 0.235290 2927.700893 292.770089 11.33%
1a PENS HIBOND Q 10/31/88 4.597460 1000.000000 217.511408 0.000000 1000.000000 217.511408 7.90%
1a PENS HIBOND Q 10/31/89 4.698176 1021.906879 217.511408 0.500811 1019.553979 217.010597 7.90%
1a PENS HIBOND Q 10/31/90 4.107856 891.448283 217.010597 0.572781 889.095383 216.437817 7.90%
1a PENS HIBOND Q 10/31/91 5.420737 1173.252480 216.437817 0.434055 1170.899580 216.003761 7.90%
1a PENS HIBOND Q 10/31/92 6.145141 1327.373569 216.003761 0.382888 1325.020669 215.620873 7.90%
1a PENS HIBOND Q 10/31/93 7.348796 1584.553811 215.620873 0.320175 1582.200911 215.300698 7.90%
1a PENS HIBOND Q 10/31/94 7.118262 1532.566780 215.300698 0.330544 1530.213880 214.970154 7.90%
1a PENS HIBOND Q 10/31/95 7.716869 1658.896519 214.970154 0.304903 1656.543619 214.665251 7.90%
1a PENS HIBOND Q 10/31/96 8.595628 1845.182640 214.665251 0.273732 1842.829740 214.391519 7.90%
1a PENS HIBOND Q 10/31/97 9.892647 2120.899613 214.391519 0.237843 2118.546713 214.153675 7.90%
1a PENS HIBOND Q 10/31/98 10.000000 2141.536753 214.153675 0.235290 2139.183853 213.918385 7.90%
1a PENS INTLEQ Q 10/31/93 6.780778 1000.000000 147.475703 0.000000 1000.000000 147.475703 0.00%
1a PENS INTLEQ Q 10/31/94 7.185245 1059.649055 147.475703 0.327463 1057.296155 147.148240 0.00%
1a PENS INTLEQ Q 10/31/95 7.111342 1046.421459 147.148240 0.330866 1044.068559 146.817374 0.00%
1a PENS INTLEQ Q 10/31/96 8.188589 1202.227134 146.817374 0.287339 1199.874234 146.530035 0.00%
1a PENS INTLEQ Q 10/31/97 9.256089 1356.295047 146.530035 0.254200 1353.942147 146.275835 0.00%
1a PENS INTLEQ Q 10/31/98 10.000000 1462.758350 146.275835 0.235290 1460.405450 146.040545 0.00%
1a PENS LIMMAT Q 10/31/88 6.409040 1000.000000 156.029608 0.000000 1000.000000 156.029608 4.36%
1a PENS LIMMAT Q 10/31/89 6.900156 1076.628637 156.029608 0.340992 1074.275737 155.688616 4.36%
1a PENS LIMMAT Q 10/31/90 7.320476 1139.714776 155.688616 0.321414 1137.361876 155.367202 4.36%
1a PENS LIMMAT Q 10/31/91 7.969560 1238.208241 155.367202 0.295236 1235.855341 155.071966 4.36%
1a PENS LIMMAT Q 10/31/92 8.477709 1314.655006 155.071966 0.277540 1312.302106 154.794427 4.36%
1a PENS LIMMAT Q 10/31/93 8.955965 1386.333469 154.794427 0.262719 1383.980569 154.531708 4.36%
1a PENS LIMMAT Q 10/31/94 8.840839 1366.189952 154.531708 0.266140 1363.837052 154.265568 4.36%
1a PENS LIMMAT Q 10/31/95 9.478367 1462.185671 154.265568 0.248239 1459.832771 154.017329 4.36%
1a PENS LIMMAT Q 10/31/96 9.174547 1413.039226 154.017329 0.256460 1410.686326 153.760870 4.36%
1a PENS LIMMAT Q 10/31/97 9.683001 1488.866655 153.760870 0.242993 1486.513755 153.517877 4.36%
1a PENS LIMMAT Q 10/31/98 10.000000 1535.178769 153.517877 0.235290 1532.825869 153.282587 4.36%
Page 3
10yr pens 1a bkup
1a PENS PARTNR Q 10/31/94 4.796650 1000.000000 208.478834 0.000000 1000.000000 208.478834 0.00%
1a PENS PARTNR Q 10/31/95 5.895340 1229.053610 208.478834 0.399112 1226.700710 208.079722 0.00%
1a PENS PARTNR Q 10/31/96 7.375327 1534.655994 208.079722 0.319023 1532.303094 207.760699 0.00%
1a PENS PARTNR Q 10/31/97 9.989274 2075.378551 207.760699 0.235543 2073.025651 207.525157 0.00%
1a PENS PARTNR Q 10/31/98 10.000000 2075.251566 207.525157 0.235290 2072.898666 207.289867 0.00%
1a PENS QUALBD Q 10/31/88 4.871573 1000.000000 205.272506 0.000000 1000.000000 205.272506 7.28%
1a PENS QUALBD Q 10/31/89 5.336973 1095.533824 205.272506 0.440868 1093.180924 204.831639 7.28%
1a PENS QUALBD Q 10/31/90 5.552432 1137.313745 204.831639 0.423760 1134.960845 204.407878 7.28%
1a PENS QUALBD Q 10/31/91 6.285700 1284.846601 204.407878 0.374326 1282.493701 204.033552 7.28%
1a PENS QUALBD Q 10/31/92 6.767127 1380.720962 204.033552 0.347696 1378.368062 203.685857 7.28%
1a PENS QUALBD Q 10/31/93 7.584102 1544.774315 203.685857 0.310241 1542.421415 203.375616 7.28%
1a PENS QUALBD Q 10/31/94 7.024905 1428.694380 203.375616 0.334937 1426.341480 203.040679 7.28%
1a PENS QUALBD Q 10/31/95 8.166115 1658.053534 203.040679 0.288130 1655.700634 202.752549 7.28%
1a PENS QUALBD Q 10/31/96 8.585287 1740.688825 202.752549 0.274062 1738.335925 202.478487 7.28%
1a PENS QUALBD Q 10/31/97 9.109501 1844.477983 202.478487 0.258291 1842.125083 202.220197 7.28%
1a PENS QUALBD Q 10/31/98 10.000000 2022.201966 202.220197 0.235290 2019.849066 201.984907 7.28%
1a PENS SMLCAP Q 10/31/95 8.013464 1000.000000 124.789978 0.000000 1000.000000 124.789978 0.00%
1a PENS SMLCAP Q 10/31/96 9.216480 1150.124341 124.789978 0.255293 1147.771441 124.534686 0.00%
1a PENS SMLCAP Q 10/31/97 11.840723 1474.580718 124.534686 0.198713 1472.227818 124.335973 0.00%
1a PENS SMLCAP Q 10/31/98 10.000000 1243.359732 124.335973 0.235290 1241.006832 124.100683 0.00%
1a PENS VALUEQ Q 10/31/88 3.194640 1000.000000 313.024316 0.000000 1000.000000 313.024316 11.91%
1a PENS VALUEQ Q 10/31/89 3.538815 1107.735144 313.024316 0.664884 1105.382244 312.359432 11.91%
1a PENS VALUEQ Q 10/31/90 2.913098 909.933637 312.359432 0.807697 907.580737 311.551735 11.91%
1a PENS VALUEQ Q 10/31/91 3.916254 1220.115730 311.551735 0.600804 1217.762830 310.950932 11.91%
1a PENS VALUEQ Q 10/31/92 4.405568 1369.915474 310.950932 0.534074 1367.562574 310.416857 11.91%
1a PENS VALUEQ Q 10/31/93 4.815291 1494.747500 310.416857 0.488631 1492.394600 309.928227 11.91%
1a PENS VALUEQ Q 10/31/94 5.092570 1578.331189 309.928227 0.462026 1575.978289 309.466200 11.91%
1a PENS VALUEQ Q 10/31/95 6.236119 1929.868053 309.466200 0.377302 1927.515153 309.088899 11.91%
1a PENS VALUEQ Q 10/31/96 7.461407 2306.238071 309.088899 0.315343 2303.885171 308.773556 11.91%
1a PENS VALUEQ Q 10/31/97 9.180814 2834.792584 308.773556 0.256284 2832.439684 308.517271 11.91%
1a PENS VALUEQ Q 10/31/98 10.000000 3085.172714 308.517271 0.235290 3082.819814 308.281981 11.91%
Page 4
SI pens 3 bkup
------------------------------------------------------------------------------------------------------------------------------------
Table 3 - Pennant Select Variable/Fixed Annuity Contracts Pennant Select - SI Tbl 3
------------------------------------------------------------------------------------------------------------------------------------
Average
Q = qualified $40 Contract # of units Annual Total
N = nonqualified Beginning # of units fee & deferred at end of Ending return for
------------------------------------------------------------------------------------------------------------------------------------
amethod system fund qnonq accdate unitval bvalue bunits cunits eunits rvalue Since Inception
------------------------------------------------------------------------------------------------------------------------------------
3 PENS EMGGRO Q 5/1/97 7.424869 10000.000000 1346.825109 0.000000 1346.825109 10000.000000 21.91%
3 PENS EMGGRO Q 5/1/98 13.299640 17912.289092 1346.825109 0.176915 1346.648194 17909.936192 21.91%
3 PENS EMGGRO Q 10/31/98 10.000000 13466.481944 1346.648194 0.235290 1346.412904 13464.129044 21.91%
3 PENS EMGMKT Q 10/1/96 15.125369 10000.000000 661.140895 0.000000 661.140895 10000.000000 -18.06%
3 PENS EMGMKT Q 10/1/97 18.026562 11918.097337 661.140895 0.130524 661.010371 11915.744437 -18.06%
3 PENS EMGMKT Q 10/1/98 8.818564 5829.162262 661.010371 0.266812 660.743559 5826.809362 -18.06%
3 PENS EMGMKT Q 10/31/98 10.000000 6607.435589 660.743559 0.235290 660.508269 6605.082689 -18.06%
3 PENS FIDASM Q 9/6/89 3.707079 10000.000000 2697.541649 0.000000 2697.541649 10000.000000 11.43%
3 PENS FIDASM Q 9/6/90 3.701784 9985.716517 2697.541649 0.635612 2696.906037 9983.363617 11.43%
3 PENS FIDASM Q 9/6/91 4.564429 12309.836125 2696.906037 0.515486 2696.390551 12307.483225 11.43%
3 PENS FIDASM Q 9/6/92 5.050681 13618.608523 2696.390551 0.465858 2695.924693 13616.255623 11.43%
3 PENS FIDASM Q 9/6/93 5.848698 15767.649359 2695.924693 0.402295 2695.522398 15765.296459 11.43%
3 PENS FIDASM Q 9/6/94 6.046703 16299.023371 2695.522398 0.389121 2695.133277 16296.670471 11.43%
3 PENS FIDASM Q 9/6/95 6.437360 17349.543152 2695.133277 0.365507 2694.767770 17347.190252 11.43%
3 PENS FIDASM Q 9/6/96 6.497827 17510.134775 2694.767770 0.362106 2694.405664 17507.781875 11.43%
3 PENS FIDASM Q 9/6/97 10.543503 28408.474205 2694.405664 0.223161 2694.182503 28406.121305 11.43%
3 PENS FIDASM Q 9/6/98 9.316527 25100.424034 2694.182503 0.252551 2693.929952 25098.071134 11.43%
3 PENS FIDASM Q 10/31/98 10.000000 26939.299520 2693.929952 0.235290 2693.694662 26936.946620 11.43%
3 PENS FIDEQI Q 10/9/86 2.110230 10000.000000 4738.819939 0.000000 4738.819939 10000.000000 13.74%
3 PENS FIDEQI Q 10/9/87 2.496539 11830.648792 4738.819939 0.942465 4737.877474 11828.295892 13.74%
3 PENS FIDEQI Q 10/9/88 2.507939 11882.307695 4737.877474 0.938181 4736.939294 11879.954795 13.74%
3 PENS FIDEQI Q 10/9/89 3.066831 14527.392271 4736.939294 0.767209 4736.172085 14525.039371 13.74%
3 PENS FIDEQI Q 10/9/90 2.253112 10671.126158 4736.172085 1.044289 4735.127796 10668.773258 13.74%
3 PENS FIDEQI Q 10/9/91 2.913777 13797.106463 4735.127796 0.807509 4734.320287 13794.753563 13.74%
3 PENS FIDEQI Q 10/9/92 3.261808 15442.443787 4734.320287 0.721348 4733.598939 15440.090887 13.74%
3 PENS FIDEQI Q 10/9/93 4.186079 19815.219112 4733.598939 0.562077 4733.036861 19812.866212 13.74%
3 PENS FIDEQI Q 10/9/94 4.442010 21024.197069 4733.036861 0.529693 4732.507169 21021.844169 13.74%
3 PENS FIDEQI Q 10/9/95 5.533974 26189.571627 4732.507169 0.425174 4732.081995 26187.218727 13.74%
3 PENS FIDEQI Q 10/9/96 6.342406 30012.785238 4732.081995 0.370979 4731.711016 30010.432338 13.74%
3 PENS FIDEQI Q 10/9/97 10.345782 48953.250659 4731.711016 0.227426 4731.483590 48950.897759 13.74%
Page 1
SI pens 3 bkup
3 PENS FIDEQI Q 10/9/98 9.085583 42988.286870 4731.483590 0.258971 4731.224619 42985.933970 13.74%
3 PENS FIDEQI Q 10/31/98 10.000000 47312.246193 4731.224619 0.235290 4730.989329 47309.893293 13.74%
3 PENS FIDGRO Q 10/9/86 2.219589 10000.000000 4505.338601 0.000000 4505.338601 10000.000000 13.27%
3 PENS FIDGRO Q 10/9/87 2.794585 12590.551674 4505.338601 0.841950 4504.496651 12588.198774 13.27%
3 PENS FIDGRO Q 10/9/88 2.627312 11834.718106 4504.496651 0.895554 4503.601097 11832.365206 13.27%
3 PENS FIDGRO Q 10/9/89 3.453052 15551.168776 4503.601097 0.681397 4502.919700 15548.815876 13.27%
3 PENS FIDGRO Q 10/9/90 2.717667 12237.436272 4502.919700 0.865779 4502.053921 12235.083372 13.27%
3 PENS FIDGRO Q 10/9/91 3.704124 16676.165977 4502.053921 0.635211 4501.418710 16673.813077 13.27%
3 PENS FIDGRO Q 10/9/92 3.905408 17579.876640 4501.418710 0.602472 4500.816237 17577.523740 13.27%
3 PENS FIDGRO Q 10/9/93 5.319156 23940.543694 4500.816237 0.442345 4500.373893 23938.190794 13.27%
3 PENS FIDGRO Q 10/9/94 5.040555 22684.382127 4500.373893 0.466794 4499.907099 22682.029227 13.27%
3 PENS FIDGRO Q 10/9/95 6.853791 30841.422776 4499.907099 0.343299 4499.563800 30839.069876 13.27%
3 PENS FIDGRO Q 10/9/96 7.385733 33232.576843 4499.563800 0.318574 4499.245226 33230.223943 13.27%
3 PENS FIDGRO Q 10/9/97 10.041818 45180.601700 4499.245226 0.234310 4499.010916 45178.248800 13.27%
3 PENS FIDGRO Q 10/9/98 8.635697 38852.095071 4499.010916 0.272462 4498.738454 38849.742171 13.27%
3 PENS FIDGRO Q 10/31/98 10.000000 44987.384540 4498.738454 0.235290 4498.503164 44985.031640 13.27%
3 PENS FIDIND Q 8/27/92 7.515122 10000.000000 1330.650387 0.000000 1330.650387 10000.000000 4.70%
3 PENS FIDIND Q 8/27/93 8.469429 11269.848979 1330.650387 0.277811 1330.372576 11267.496079 4.70%
3 PENS FIDIND Q 8/27/94 8.814306 11726.310982 1330.372576 0.266941 1330.105635 11723.958082 4.70%
3 PENS FIDIND Q 8/27/95 5.272321 7012.743873 1330.105635 0.446274 1329.659361 7010.390973 4.70%
3 PENS FIDIND Q 8/27/96 6.303954 8382.111449 1329.659361 0.373242 1329.286119 8379.758549 4.70%
3 PENS FIDIND Q 8/27/97 8.657590 11508.414214 1329.286119 0.271773 1329.014346 11506.061314 4.70%
3 PENS FIDIND Q 8/27/98 9.486329 12607.467334 1329.014346 0.248031 1328.766316 12605.114434 4.70%
3 PENS FIDIND Q 10/31/98 10.000000 13287.663157 1328.766316 0.235290 1328.531026 13285.310257 4.70%
3 PENS FLEXMN Q 7/31/84 1.834377 10000.000000 5451.442097 0.000000 5451.442097 10000.000000 12.62%
3 PENS FLEXMN Q 7/31/85 2.099944 11447.723123 5451.442097 1.120458 5450.321639 11445.370223 12.62%
3 PENS FLEXMN Q 7/31/86 2.546749 13880.601183 5450.321639 0.923884 5449.397755 13878.248283 12.62%
3 PENS FLEXMN Q 7/31/87 3.171517 17282.857620 5449.397755 0.741885 5448.655870 17280.504720 12.62%
3 PENS FLEXMN Q 7/31/88 3.478405 18952.631823 5448.655870 0.676431 5447.979440 18950.278923 12.62%
3 PENS FLEXMN Q 7/31/89 4.324401 23559.247737 5447.979440 0.544098 5447.435341 23556.894837 12.62%
3 PENS FLEXMN Q 7/31/90 4.376365 23839.965367 5447.435341 0.537638 5446.897703 23837.612467 12.62%
3 PENS FLEXMN Q 7/31/91 4.932479 26866.708536 5446.897703 0.477022 5446.420681 26864.355636 12.62%
3 PENS FLEXMN Q 7/31/92 5.390482 29358.832647 5446.420681 0.436492 5445.984190 29356.479747 12.62%
3 PENS FLEXMN Q 7/31/93 5.892481 32090.358365 5445.984190 0.399305 5445.584884 32088.005465 12.62%
3 PENS FLEXMN Q 7/31/94 6.330658 34474.135512 5445.584884 0.371668 5445.213217 34471.782612 12.62%
3 PENS FLEXMN Q 7/31/95 7.411073 40354.872650 5445.213217 0.317484 5444.895732 40352.519750 12.62%
3 PENS FLEXMN Q 7/31/96 7.683499 41835.850915 5444.895732 0.306228 5444.589505 41833.498015 12.62%
Page 2
SI pens 3 bkup
3 PENS FLEXMN Q 7/31/97 9.379572 51067.919270 5444.589505 0.250854 5444.338651 51065.566370 12.62%
3 PENS FLEXMN Q 7/31/98 9.927646 54049.466832 5444.338651 0.237005 5444.101646 54047.113932 12.62%
3 PENS FLEXMN Q 10/31/98 10.000000 54441.016462 5444.101646 0.235290 5443.866356 54438.663562 12.62%
3 PENS GROWEQ Q 8/11/83 2.060623 10000.000000 4852.901283 0.000000 4852.901283 10000.000000 10.91%
3 PENS GROWEQ Q 8/11/84 2.101702 10199.352332 4852.901283 1.119521 4851.781762 10196.999432 10.91%
3 PENS GROWEQ Q 8/11/85 2.354240 11422.258694 4851.781762 0.999431 4850.782331 11419.905794 10.91%
3 PENS GROWEQ Q 8/11/86 2.912736 14129.048323 4850.782331 0.807797 4849.974534 14126.695423 10.91%
3 PENS GROWEQ Q 8/11/87 3.857584 18709.184161 4849.974534 0.609941 4849.364592 18706.831261 10.91%
3 PENS GROWEQ Q 8/11/88 3.164945 15347.972219 4849.364592 0.743425 4848.621167 15345.619319 10.91%
3 PENS GROWEQ Q 8/11/89 4.241409 20564.985455 4848.621167 0.554745 4848.066422 20562.632555 10.91%
3 PENS GROWEQ Q 8/11/90 4.038526 19579.042295 4848.066422 0.582614 4847.483808 19576.689395 10.91%
3 PENS GROWEQ Q 8/11/91 4.579790 22200.457871 4847.483808 0.513757 4846.970051 22198.104971 10.91%
3 PENS GROWEQ Q 8/11/92 4.931387 23902.285100 4846.970051 0.477127 4846.492924 23899.932200 10.91%
3 PENS GROWEQ Q 8/11/93 5.579417 27040.605010 4846.492924 0.421711 4846.071213 27038.252110 10.91%
3 PENS GROWEQ Q 8/11/94 5.183410 25119.173987 4846.071213 0.453929 4845.617284 25116.821087 10.91%
3 PENS GROWEQ Q 8/11/95 6.267074 30367.842096 4845.617284 0.375438 4845.241846 30365.489196 10.91%
3 PENS GROWEQ Q 8/11/96 6.183124 29958.731143 4845.241846 0.380536 4844.861310 29956.378243 10.91%
3 PENS GROWEQ Q 8/11/97 8.418608 40786.988183 4844.861310 0.279488 4844.581822 40784.635283 10.91%
3 PENS GROWEQ Q 8/11/98 10.019551 48540.534639 4844.581822 0.234831 4844.346991 48538.181739 10.91%
3 PENS GROWEQ Q 10/31/98 10.000000 48443.469911 4844.346991 0.235290 4844.111701 48441.117011 10.91%
3 PENS HIBOND Q 8/6/84 3.047682 10000.000000 3281.182223 0.000000 3281.182223 10000.000000 8.69%
3 PENS HIBOND Q 8/6/85 3.530850 11585.362252 3281.182223 0.666383 3280.515840 11583.009352 8.69%
3 PENS HIBOND Q 8/6/86 3.935119 12909.220210 3280.515840 0.597923 3279.917916 12906.867310 8.69%
3 PENS HIBOND Q 8/6/87 4.154796 13627.389838 3279.917916 0.566309 3279.351607 13625.036938 8.69%
3 PENS HIBOND Q 8/6/88 4.477318 14682.699977 3279.351607 0.525515 3278.826091 14680.347077 8.69%
3 PENS HIBOND Q 8/6/89 4.920680 16134.053971 3278.826091 0.478166 3278.347926 16131.701071 8.69%
3 PENS HIBOND Q 8/6/90 4.683387 15353.772056 3278.347926 0.502393 3277.845533 15351.419156 8.69%
3 PENS HIBOND Q 8/6/91 5.152426 16888.856547 3277.845533 0.456659 3277.388874 16886.503647 8.69%
3 PENS HIBOND Q 8/6/92 6.131284 20094.601966 3277.388874 0.383753 3277.005121 20092.249066 8.69%
3 PENS HIBOND Q 8/6/93 7.102660 23275.453192 3277.005121 0.331270 3276.673851 23273.100292 8.69%
3 PENS HIBOND Q 8/6/94 7.125386 23347.565982 3276.673851 0.330214 3276.343637 23345.213082 8.69%
3 PENS HIBOND Q 8/6/95 7.561812 24775.094630 3276.343637 0.311156 3276.032481 24772.741730 8.69%
3 PENS HIBOND Q 8/6/96 8.290276 27159.213456 3276.032481 0.283814 3275.748667 27156.860556 8.69%
3 PENS HIBOND Q 8/6/97 9.668436 31671.366339 3275.748667 0.243359 3275.505308 31669.013439 8.69%
3 PENS HIBOND Q 8/6/98 10.610229 34753.861409 3275.505308 0.221758 3275.283550 34751.508509 8.69%
3 PENS HIBOND Q 10/31/98 10.000000 32752.835504 3275.283550 0.235290 3275.048260 32750.482604 8.69%
3 PENS INTLEQ Q 11/1/92 5.215133 10000.000000 1917.496639 0.000000 1917.496639 10000.000000 11.44%
Page 3
SI pens 3 bkup
3 PENS INTLEQ Q 11/1/93 6.785711 13011.578036 1917.496639 0.346743 1917.149896 13009.225136 11.44%
3 PENS INTLEQ Q 11/1/94 7.174722 13755.017535 1917.149896 0.327943 1916.821953 13752.664635 11.44%
3 PENS INTLEQ Q 11/1/95 7.105999 13620.934880 1916.821953 0.331115 1916.490838 13618.581980 11.44%
3 PENS INTLEQ Q 11/1/96 8.219051 15751.735940 1916.490838 0.286274 1916.204564 15749.383040 11.44%
3 PENS INTLEQ Q 11/1/97 9.255747 17735.904647 1916.204564 0.254210 1915.950355 17733.551747 11.44%
3 PENS INTLEQ Q 10/31/98 10.000000 19159.503546 1915.950355 0.235290 1915.715065 19157.150646 11.44%
3 PENS LIMMAT Q 9/10/84 4.387405 10000.000000 2279.251631 0.000000 2279.251631 10000.000000 5.98%
3 PENS LIMMAT Q 9/10/85 5.087810 11596.399238 2279.251631 0.462458 2278.789172 11594.046338 5.98%
3 PENS LIMMAT Q 9/10/86 5.850945 13333.070113 2278.789172 0.402140 2278.387032 13330.717213 5.98%
3 PENS LIMMAT Q 9/10/87 6.036510 13753.506103 2278.387032 0.389778 2277.997254 13751.153203 5.98%
3 PENS LIMMAT Q 9/10/88 6.327504 14414.036736 2277.997254 0.371853 2277.625401 14411.683836 5.98%
3 PENS LIMMAT Q 9/10/89 6.804029 15497.029280 2277.625401 0.345810 2277.279591 15494.676380 5.98%
3 PENS LIMMAT Q 9/10/90 7.240829 16489.392105 2277.279591 0.324949 2276.954642 16487.039205 5.98%
3 PENS LIMMAT Q 9/10/91 7.835249 17840.506584 2276.954642 0.300297 2276.654345 17838.153684 5.98%
3 PENS LIMMAT Q 9/10/92 8.535410 19432.178267 2276.654345 0.275663 2276.378682 19429.825367 5.98%
3 PENS LIMMAT Q 9/10/93 8.966750 20411.718548 2276.378682 0.262403 2276.116279 20409.365648 5.98%
3 PENS LIMMAT Q 9/10/94 8.838600 20117.681347 2276.116279 0.266207 2275.850072 20115.328447 5.98%
3 PENS LIMMAT Q 9/10/95 9.377802 21342.471357 2275.850072 0.250901 2275.599171 21340.118457 5.98%
3 PENS LIMMAT Q 9/10/96 9.000226 20480.906825 2275.599171 0.261427 2275.337744 20478.553925 5.98%
3 PENS LIMMAT Q 9/10/97 9.590485 21821.592506 2275.337744 0.245337 2275.092407 21819.239606 5.98%
3 PENS LIMMAT Q 9/10/98 10.004307 22760.722896 2275.092407 0.235189 2274.857219 22758.369996 5.98%
3 PENS LIMMAT Q 10/31/98 10.000000 22748.572186 2274.857219 0.235290 2274.621929 22746.219286 5.98%
3 PENS PARTNR Q 3/22/94 4.798001 10000.000000 2084.201316 0.000000 2084.201316 10000.000000 17.24%
3 PENS PARTNR Q 3/22/95 4.942303 10300.754418 2084.201316 0.476074 2083.725243 10298.401518 17.24%
3 PENS PARTNR Q 3/22/96 6.760792 14087.632951 2083.725243 0.348021 2083.377221 14085.280051 17.24%
3 PENS PARTNR Q 3/22/97 8.276638 17243.359079 2083.377221 0.284282 2083.092939 17241.006179 17.24%
3 PENS PARTNR Q 3/22/98 11.467358 23887.572482 2083.092939 0.205182 2082.887757 23885.219582 17.24%
3 PENS PARTNR Q 10/31/98 10.000000 20828.877569 2082.887757 0.235290 2082.652467 20826.524669 17.24%
3 PENS QUALBD Q 3/17/87 4.580492 10000.000000 2183.171589 0.000000 2183.171589 10000.000000 6.92%
3 PENS QUALBD Q 3/17/88 4.719480 10303.434653 2183.171589 0.498551 2182.673039 10301.081753 6.92%
3 PENS QUALBD Q 3/17/89 4.827724 10537.343013 2182.673039 0.487373 2182.185666 10534.990113 6.92%
3 PENS QUALBD Q 3/17/90 5.316426 11601.428613 2182.185666 0.442572 2181.743094 11599.075713 6.92%
3 PENS QUALBD Q 3/17/91 5.827333 12713.743532 2181.743094 0.403770 2181.339325 12711.390632 6.92%
3 PENS QUALBD Q 3/17/92 6.352485 13856.925341 2181.339325 0.370390 2180.968934 13854.572441 6.92%
3 PENS QUALBD Q 3/17/93 7.196811 15696.021217 2180.968934 0.326936 2180.641998 15693.668317 6.92%
3 PENS QUALBD Q 3/17/94 7.381135 16095.612973 2180.641998 0.318772 2180.323226 16093.260073 6.92%
3 PENS QUALBD Q 3/17/95 7.508607 16371.190235 2180.323226 0.313360 2180.009865 16368.837335 6.92%
Page 4
SI pens 3 bkup
3 PENS QUALBD Q 3/17/96 8.241019 17965.502721 2180.009865 0.285511 2179.724355 17963.149821 6.92%
3 PENS QUALBD Q 3/17/97 8.575914 18693.128609 2179.724355 0.274361 2179.449993 18690.775709 6.92%
3 PENS QUALBD Q 3/17/98 9.392582 20470.662776 2179.449993 0.250506 2179.199487 20468.309876 6.92%
3 PENS QUALBD Q 10/31/98 10.000000 21791.994870 2179.199487 0.235290 2178.964197 21789.641970 6.92%
3 PENS SMLCAP Q 3/1/95 7.425236 10000.000000 1346.758541 0.000000 1346.758541 10000.000000 8.43%
3 PENS SMLCAP Q 3/1/96 8.584180 11560.817730 1346.758541 0.274097 1346.484444 11558.464830 8.43%
3 PENS SMLCAP Q 3/1/97 9.891750 13319.087494 1346.484444 0.237865 1346.246579 13316.734594 8.43%
3 PENS SMLCAP Q 3/1/98 12.504643 16834.332856 1346.246579 0.188162 1346.058417 16831.979956 8.43%
3 PENS SMLCAP Q 10/31/98 10.000000 13460.584165 1346.058417 0.235290 1345.823127 13458.231265 8.43%
3 PENS VALUEQ Q 3/17/87 2.723688 10000.000000 3671.492476 0.000000 3671.492476 10000.000000 11.81%
3 PENS VALUEQ Q 3/17/88 2.849947 10463.558969 3671.492476 0.825594 3670.666882 10461.206069 11.81%
3 PENS VALUEQ Q 3/17/89 3.316410 12173.436354 3670.666882 0.709472 3669.957410 12171.083454 11.81%
3 PENS VALUEQ Q 3/17/90 3.470492 12736.557832 3669.957410 0.677973 3669.279437 12734.204932 11.81%
3 PENS VALUEQ Q 3/17/91 3.659051 13426.080593 3669.279437 0.643036 3668.636401 13423.727693 11.81%
3 PENS VALUEQ Q 3/17/92 4.226303 15504.769029 3668.636401 0.556728 3668.079674 15502.416129 11.81%
3 PENS VALUEQ Q 3/17/93 4.608178 16903.164055 3668.079674 0.510592 3667.569081 16900.811155 11.81%
3 PENS VALUEQ Q 3/17/94 4.907783 17999.633190 3667.569081 0.479422 3667.089659 17997.280290 11.81%
3 PENS VALUEQ Q 3/17/95 5.339192 19579.295772 3667.089659 0.440685 3666.648975 19576.942872 11.81%
3 PENS VALUEQ Q 3/17/96 6.652655 24392.950635 3666.648975 0.353678 3666.295296 24390.597735 11.81%
3 PENS VALUEQ Q 3/17/97 8.023246 29415.589071 3666.295296 0.293260 3666.002036 29413.236171 11.81%
3 PENS VALUEQ Q 3/17/98 10.557696 38704.535031 3666.002036 0.222861 3665.779175 38702.182131 11.81%
3 PENS VALUEQ Q 10/31/98 10.000000 36657.791748 3665.779175 0.235290 3665.543885 36655.438848 11.81%
Page 5
SI pens 2 bkup
-----------------------------------------------------------------------------------------------------------------------
Table 2 - Pennant Select Variable/Fixed Annuity Contracts Pennant Select - SI Tbl 2
-----------------------------------------------------------------------------------------------------------------------
Q = qualified $40 Contract # of units
N = nonqualified Beginning # of units fee & deferred at end of
-----------------------------------------------------------------------------------------------------------------------
amethod system fund qnonq accdate unitval bvalue bunits cunits eunits
-----------------------------------------------------------------------------------------------------------------------
2 PENS BALFND Q 2/28/89 5.023853 1000.000000 199.050410 0.000000 199.050410
2 PENS BALFND Q 2/28/90 5.595775 1113.841309 199.050410 0.420478 198.629932
2 PENS BALFND Q 2/28/91 6.274346 1246.272920 198.629932 0.375003 198.254929
2 PENS BALFND Q 2/28/92 7.192074 1425.864120 198.254929 0.327152 197.927777
2 PENS BALFND Q 2/28/93 7.383797 1461.458527 197.927777 0.318657 197.609120
2 PENS BALFND Q 2/28/94 7.940090 1569.034197 197.609120 0.296332 197.312788
2 PENS BALFND Q 2/28/95 7.849108 1548.729385 197.312788 0.299767 197.013022
2 PENS BALFND Q 2/28/96 9.405566 1853.018979 197.013022 0.250160 196.762861
2 PENS BALFND Q 2/28/97 9.037750 1778.293550 196.762861 0.260341 196.502520
2 PENS BALFND Q 2/28/98 10.521344 2067.470610 196.502520 0.223631 196.278889
2 PENS BALFND Q 10/31/98 10.000000 1962.788889 196.278889 0.235290 196.043599
2 PENS EMGGRO Q 5/1/97 7.424869 1000.000000 134.682511 0.000000 134.682511
2 PENS EMGGRO Q 5/1/98 13.299640 1791.228909 134.682511 0.176915 134.505596
2 PENS EMGGRO Q 10/31/98 10.000000 1345.055963 134.505596 0.235290 134.270306
2 PENS EMGMKT Q 10/1/96 15.125369 1000.000000 66.114090 0.000000 66.114090
2 PENS EMGMKT Q 10/1/97 18.026562 1191.809734 66.114090 0.130524 65.983565
2 PENS EMGMKT Q 10/1/98 8.818564 581.880295 65.983565 0.266812 65.716753
2 PENS EMGMKT Q 10/31/98 10.000000 657.167533 65.716753 0.235290 65.481463
2 PENS FIDASM Q 9/6/89 3.707079 1000.000000 269.754165 0.000000 269.754165
2 PENS FIDASM Q 9/6/90 3.701784 998.571652 269.754165 0.635612 269.118552
2 PENS FIDASM Q 9/6/91 4.564429 1228.372525 269.118552 0.515486 268.603066
2 PENS FIDASM Q 9/6/92 5.050681 1356.628404 268.603066 0.465858 268.137208
2 PENS FIDASM Q 9/6/93 5.848698 1568.253554 268.137208 0.402295 267.734914
2 PENS FIDASM Q 9/6/94 6.046703 1618.913506 267.734914 0.389121 267.345793
2 PENS FIDASM Q 9/6/95 6.437360 1721.001111 267.345793 0.365507 266.980286
2 PENS FIDASM Q 9/6/96 6.497827 1734.791708 266.980286 0.362106 266.618180
2 PENS FIDASM Q 9/6/97 10.543503 2811.089580 266.618180 0.223161 266.395019
2 PENS FIDASM Q 9/6/98 9.316527 2481.876385 266.395019 0.252551 266.142468
2 PENS FIDASM Q 10/31/98 10.000000 2661.424676 266.142468 0.235290 265.907178
2 PENS FIDEQI Q 10/9/86 2.110230 1000.000000 473.881994 0.000000 473.881994
-------------------------------------------
Average
Annual Total
Ending return for
-------------------------------------------
amethod rvalue Since Inception
-------------------------------------------
2 1000.000000 7.20%
2 1111.488409 7.20%
2 1243.920020 7.20%
2 1423.511220 7.20%
2 1459.105627 7.20%
2 1566.681297 7.20%
2 1546.376485 7.20%
2 1850.666079 7.20%
2 1775.940650 7.20%
2 2065.117710 7.20%
2 1960.435989 7.20%
2 1000.000000 21.69%
2 1788.876009 21.69%
2 1342.703063 21.69%
2 1000.000000 -18.40%
2 1189.456834 -18.40%
2 579.527395 -18.40%
2 654.814633 -18.40%
2 1000.000000 11.27%
2 996.218752 11.27%
2 1226.019625 11.27%
2 1354.275504 11.27%
2 1565.900654 11.27%
2 1616.560606 11.27%
2 1718.648211 11.27%
2 1732.438808 11.27%
2 2808.736680 11.27%
2 2479.523485 11.27%
2 2659.071776 11.27%
2 1000.000000 13.60%
Page 1
SI pens 2 bkup
2 PENS FIDEQI Q 10/9/87 2.496539 1183.064879 473.881994 0.942465 472.939529 1180.711979 13.60%
2 PENS FIDEQI Q 10/9/88 2.507939 1186.103490 472.939529 0.938181 472.001348 1183.750590 13.60%
2 PENS FIDEQI Q 10/9/89 3.066831 1447.548367 472.001348 0.767209 471.234140 1445.195467 13.60%
2 PENS FIDEQI Q 10/9/90 2.253112 1061.743295 471.234140 1.044289 470.189851 1059.390395 13.60%
2 PENS FIDEQI Q 10/9/91 2.913777 1370.028372 470.189851 0.807509 469.382342 1367.675472 13.60%
2 PENS FIDEQI Q 10/9/92 3.261808 1531.035078 469.382342 0.721348 468.660994 1528.682178 13.60%
2 PENS FIDEQI Q 10/9/93 4.186079 1961.851943 468.660994 0.562077 468.098916 1959.499043 13.60%
2 PENS FIDEQI Q 10/9/94 4.442010 2079.300067 468.098916 0.529693 467.569224 2076.947167 13.60%
2 PENS FIDEQI Q 10/9/95 5.533974 2587.515927 467.569224 0.425174 467.144050 2585.163027 13.60%
2 PENS FIDEQI Q 10/9/96 6.342406 2962.817225 467.144050 0.370979 466.773071 2960.464325 13.60%
2 PENS FIDEQI Q 10/9/97 10.345782 4829.132435 466.773071 0.227426 466.545645 4826.779535 13.60%
2 PENS FIDEQI Q 10/9/98 9.085583 4238.839180 466.545645 0.258971 466.286674 4236.486280 13.60%
2 PENS FIDEQI Q 10/31/98 10.000000 4662.866741 466.286674 0.235290 466.051384 4660.513841 13.60%
2 PENS FIDGRO Q 10/9/86 2.219589 1000.000000 450.533860 0.000000 450.533860 1000.000000 13.14%
2 PENS FIDGRO Q 10/9/87 2.794585 1259.055167 450.533860 0.841950 449.691910 1256.702267 13.14%
2 PENS FIDGRO Q 10/9/88 2.627312 1181.480952 449.691910 0.895554 448.796356 1179.128052 13.14%
2 PENS FIDGRO Q 10/9/89 3.453052 1549.717156 448.796356 0.681397 448.114959 1547.364256 13.14%
2 PENS FIDGRO Q 10/9/90 2.717667 1217.827237 448.114959 0.865779 447.249180 1215.474337 13.14%
2 PENS FIDGRO Q 10/9/91 3.704124 1656.666421 447.249180 0.635211 446.613969 1654.313521 13.14%
2 PENS FIDGRO Q 10/9/92 3.905408 1744.209767 446.613969 0.602472 446.011497 1741.856867 13.14%
2 PENS FIDGRO Q 10/9/93 5.319156 2372.404728 446.011497 0.442345 445.569152 2370.051828 13.14%
2 PENS FIDGRO Q 10/9/94 5.040555 2245.915817 445.569152 0.466794 445.102358 2243.562917 13.14%
2 PENS FIDGRO Q 10/9/95 6.853791 3050.638536 445.102358 0.343299 444.759059 3048.285636 13.14%
2 PENS FIDGRO Q 10/9/96 7.385733 3284.871659 444.759059 0.318574 444.440485 3282.518759 13.14%
2 PENS FIDGRO Q 10/9/97 10.041818 4462.990466 444.440485 0.234310 444.206175 4460.637566 13.14%
2 PENS FIDGRO Q 10/9/98 8.635697 3836.029935 444.206175 0.272462 443.933713 3833.677035 13.14%
2 PENS FIDGRO Q 10/31/98 10.000000 4439.337131 443.933713 0.235290 443.698423 4436.984231 13.14%
2 PENS FIDIND Q 8/27/92 7.515122 1000.000000 133.065039 0.000000 133.065039 1000.000000 4.46%
2 PENS FIDIND Q 8/27/93 8.469429 1126.984898 133.065039 0.277811 132.787228 1124.631998 4.46%
2 PENS FIDIND Q 8/27/94 8.814306 1170.427259 132.787228 0.266941 132.520287 1168.074359 4.46%
2 PENS FIDIND Q 8/27/95 5.272321 698.689491 132.520287 0.446274 132.074013 696.336591 4.46%
2 PENS FIDIND Q 8/27/96 6.303954 832.588501 132.074013 0.373242 131.700771 830.235601 4.46%
2 PENS FIDIND Q 8/27/97 8.657590 1140.211276 131.700771 0.271773 131.428998 1137.858376 4.46%
2 PENS FIDIND Q 8/27/98 9.486329 1246.778712 131.428998 0.248031 131.180967 1244.425812 4.46%
2 PENS FIDIND Q 10/31/98 10.000000 1311.809671 131.180967 0.235290 130.945677 1309.456771 4.46%
2 PENS FLEXMN Q 7/31/84 1.834377 1000.000000 545.144210 0.000000 545.144210 1000.000000 12.52%
2 PENS FLEXMN Q 7/31/85 2.099944 1144.772312 545.144210 1.120458 544.023751 1142.419412 12.52%
Page 2
SI pens 2 bkup
2 PENS FLEXMN Q 7/31/86 2.546749 1385.491945 544.023751 0.923884 543.099868 1383.139045 12.52%
2 PENS FLEXMN Q 7/31/87 3.171517 1722.450463 543.099868 0.741885 542.357983 1720.097563 12.52%
2 PENS FLEXMN Q 7/31/88 3.478405 1886.540719 542.357983 0.676431 541.681552 1884.187819 12.52%
2 PENS FLEXMN Q 7/31/89 4.324401 2342.448246 541.681552 0.544098 541.137454 2340.095346 12.52%
2 PENS FLEXMN Q 7/31/90 4.376365 2368.215012 541.137454 0.537638 540.599816 2365.862112 12.52%
2 PENS FLEXMN Q 7/31/91 4.932479 2666.497238 540.599816 0.477022 540.122794 2664.144338 12.52%
2 PENS FLEXMN Q 7/31/92 5.390482 2911.522198 540.122794 0.436492 539.686302 2909.169298 12.52%
2 PENS FLEXMN Q 7/31/93 5.892481 3180.091282 539.686302 0.399305 539.286997 3177.738382 12.52%
2 PENS FLEXMN Q 7/31/94 6.330658 3414.041540 539.286997 0.371668 538.915329 3411.688640 12.52%
2 PENS FLEXMN Q 7/31/95 7.411073 3993.940846 538.915329 0.317484 538.597845 3991.587946 12.52%
2 PENS FLEXMN Q 7/31/96 7.683499 4138.316002 538.597845 0.306228 538.291617 4135.963102 12.52%
2 PENS FLEXMN Q 7/31/97 9.379572 5048.944980 538.291617 0.250854 538.040764 5046.592080 12.52%
2 PENS FLEXMN Q 7/31/98 9.927646 5341.478234 538.040764 0.237005 537.803759 5339.125334 12.52%
2 PENS FLEXMN Q 10/31/98 10.000000 5378.037587 537.803759 0.235290 537.568469 5375.684687 12.52%
2 PENS GROWEQ Q 8/11/83 2.060623 1000.000000 485.290128 0.000000 485.290128 1000.000000 10.79%
2 PENS GROWEQ Q 8/11/84 2.101702 1019.935233 485.290128 1.119521 484.170607 1017.582333 10.79%
2 PENS GROWEQ Q 8/11/85 2.354240 1139.853810 484.170607 0.999431 483.171176 1137.500910 10.79%
2 PENS GROWEQ Q 8/11/86 2.912736 1407.350079 483.171176 0.807797 482.363379 1404.997179 10.79%
2 PENS GROWEQ Q 8/11/87 3.857584 1860.757253 482.363379 0.609941 481.753438 1858.404353 10.79%
2 PENS GROWEQ Q 8/11/88 3.164945 1524.723134 481.753438 0.743425 481.010012 1522.370234 10.79%
2 PENS GROWEQ Q 8/11/89 4.241409 2040.160196 481.010012 0.554745 480.455268 2037.807296 10.79%
2 PENS GROWEQ Q 8/11/90 4.038526 1940.331090 480.455268 0.582614 479.872654 1937.978190 10.79%
2 PENS GROWEQ Q 8/11/91 4.579790 2197.715982 479.872654 0.513757 479.358897 2195.363082 10.79%
2 PENS GROWEQ Q 8/11/92 4.931387 2363.904232 479.358897 0.477127 478.881769 2361.551332 10.79%
2 PENS GROWEQ Q 8/11/93 5.579417 2671.881085 478.881769 0.421711 478.460059 2669.528185 10.79%
2 PENS GROWEQ Q 8/11/94 5.183410 2480.054653 478.460059 0.453929 478.006130 2477.701753 10.79%
2 PENS GROWEQ Q 8/11/95 6.267074 2995.699787 478.006130 0.375438 477.630691 2993.346887 10.79%
2 PENS GROWEQ Q 8/11/96 6.183124 2953.249791 477.630691 0.380536 477.250156 2950.896891 10.79%
2 PENS GROWEQ Q 8/11/97 8.418608 4017.781977 477.250156 0.279488 476.970668 4015.429077 10.79%
2 PENS GROWEQ Q 8/11/98 10.019551 4779.031929 476.970668 0.234831 476.735837 4776.679029 10.79%
2 PENS GROWEQ Q 10/31/98 10.000000 4767.358366 476.735837 0.235290 476.500547 4765.005466 10.79%
2 PENS HIBOND Q 8/6/84 3.047682 1000.000000 328.118222 0.000000 328.118222 1000.000000 8.56%
2 PENS HIBOND Q 8/6/85 3.530850 1158.536225 328.118222 0.666383 327.451839 1156.183325 8.56%
2 PENS HIBOND Q 8/6/86 3.935119 1288.561953 327.451839 0.597923 326.853915 1286.209053 8.56%
2 PENS HIBOND Q 8/6/87 4.154796 1358.011340 326.853915 0.566309 326.287606 1355.658440 8.56%
2 PENS HIBOND Q 8/6/88 4.477318 1460.893372 326.287606 0.525515 325.762090 1458.540472 8.56%
2 PENS HIBOND Q 8/6/89 4.920680 1602.971003 325.762090 0.478166 325.283925 1600.618103 8.56%
Page 3
SI pens 2 bkup
2 PENS HIBOND Q 8/6/90 4.683387 1523.430505 325.283925 0.502393 324.781532 1521.077605 8.56%
2 PENS HIBOND Q 8/6/91 5.152426 1673.412810 324.781532 0.456659 324.324873 1671.059910 8.56%
2 PENS HIBOND Q 8/6/92 6.131284 1988.527907 324.324873 0.383753 323.941120 1986.175007 8.56%
2 PENS HIBOND Q 8/6/93 7.102660 2300.843637 323.941120 0.331270 323.609850 2298.490737 8.56%
2 PENS HIBOND Q 8/6/94 7.125386 2305.845094 323.609850 0.330214 323.279636 2303.492194 8.56%
2 PENS HIBOND Q 8/6/95 7.561812 2444.579833 323.279636 0.311156 322.968481 2442.226933 8.56%
2 PENS HIBOND Q 8/6/96 8.290276 2677.497844 322.968481 0.283814 322.684666 2675.144944 8.56%
2 PENS HIBOND Q 8/6/97 9.668436 3119.856043 322.684666 0.243359 322.441307 3117.503143 8.56%
2 PENS HIBOND Q 8/6/98 10.610229 3421.176110 322.441307 0.221758 322.219550 3418.823210 8.56%
2 PENS HIBOND Q 10/31/98 10.000000 3222.195496 322.219550 0.235290 321.984260 3219.842596 8.56%
2 PENS INTLEQ Q 11/1/92 5.215133 1000.000000 191.749664 0.000000 191.749664 1000.000000 11.29%
2 PENS INTLEQ Q 11/1/93 6.785711 1301.157804 191.749664 0.346743 191.402921 1298.804904 11.29%
2 PENS INTLEQ Q 11/1/94 7.174722 1373.262745 191.402921 0.327943 191.074978 1370.909845 11.29%
2 PENS INTLEQ Q 11/1/95 7.105999 1357.778600 191.074978 0.331115 190.743863 1355.425700 11.29%
2 PENS INTLEQ Q 11/1/96 8.219051 1567.733538 190.743863 0.286274 190.457589 1565.380638 11.29%
2 PENS INTLEQ Q 11/1/97 9.255747 1762.827258 190.457589 0.254210 190.203379 1760.474358 11.29%
2 PENS INTLEQ Q 10/31/98 10.000000 1902.033794 190.203379 0.235290 189.968089 1899.680894 11.29%
2 PENS LIMMAT Q 9/10/84 4.387405 1000.000000 227.925163 0.000000 227.925163 1000.000000 5.84%
2 PENS LIMMAT Q 9/10/85 5.087810 1159.639924 227.925163 0.462458 227.462705 1157.287024 5.84%
2 PENS LIMMAT Q 9/10/86 5.850945 1330.871775 227.462705 0.402140 227.060565 1328.518875 5.84%
2 PENS LIMMAT Q 9/10/87 6.036510 1370.653369 227.060565 0.389778 226.670786 1368.300469 5.84%
2 PENS LIMMAT Q 9/10/88 6.327504 1434.260307 226.670786 0.371853 226.298934 1431.907407 5.84%
2 PENS LIMMAT Q 9/10/89 6.804029 1539.744507 226.298934 0.345810 225.953124 1537.391607 5.84%
2 PENS LIMMAT Q 9/10/90 7.240829 1636.087931 225.953124 0.324949 225.628175 1633.735031 5.84%
2 PENS LIMMAT Q 9/10/91 7.835249 1767.852931 225.628175 0.300297 225.327878 1765.500031 5.84%
2 PENS LIMMAT Q 9/10/92 8.535410 1923.265823 225.327878 0.275663 225.052215 1920.912923 5.84%
2 PENS LIMMAT Q 9/10/93 8.966750 2017.986946 225.052215 0.262403 224.789812 2015.634046 5.84%
2 PENS LIMMAT Q 9/10/94 8.838600 1986.827231 224.789812 0.266207 224.523605 1984.474331 5.84%
2 PENS LIMMAT Q 9/10/95 9.377802 2105.537908 224.523605 0.250901 224.272704 2103.185008 5.84%
2 PENS LIMMAT Q 9/10/96 9.000226 2018.505018 224.272704 0.261427 224.011277 2016.152118 5.84%
2 PENS LIMMAT Q 9/10/97 9.590485 2148.376790 224.011277 0.245337 223.765940 2146.023890 5.84%
2 PENS LIMMAT Q 9/10/98 10.004307 2238.623159 223.765940 0.235189 223.530751 2236.270259 5.84%
2 PENS LIMMAT Q 10/31/98 10.000000 2235.307512 223.530751 0.235290 223.295461 2232.954612 5.84%
2 PENS PARTNR Q 3/22/94 4.798001 1000.000000 208.420132 0.000000 208.420132 1000.000000 17.06%
2 PENS PARTNR Q 3/22/95 4.942303 1030.075442 208.420132 0.476074 207.944058 1027.722542 17.06%
2 PENS PARTNR Q 3/22/96 6.760792 1405.866524 207.944058 0.348021 207.596037 1403.513624 17.06%
2 PENS PARTNR Q 3/22/97 8.276638 1718.197246 207.596037 0.284282 207.311755 1715.844346 17.06%
Page 4
SI pens 2 bkup
2 PENS PARTNR Q 3/22/98 11.467358 2377.318107 207.311755 0.205182 207.106572 2374.965207 17.06%
2 PENS PARTNR Q 10/31/98 10.000000 2071.065722 207.106572 0.235290 206.871282 2068.712822 17.06%
2 PENS QUALBD Q 3/17/87 4.580492 1000.000000 218.317159 0.000000 218.317159 1000.000000 6.76%
2 PENS QUALBD Q 3/17/88 4.719480 1030.343465 218.317159 0.498551 217.818608 1027.990565 6.76%
2 PENS QUALBD Q 3/17/89 4.827724 1051.568123 217.818608 0.487373 217.331236 1049.215223 6.76%
2 PENS QUALBD Q 3/17/90 5.316426 1155.425432 217.331236 0.442572 216.888664 1153.072532 6.76%
2 PENS QUALBD Q 3/17/91 5.827333 1263.882469 216.888664 0.403770 216.484894 1261.529569 6.76%
2 PENS QUALBD Q 3/17/92 6.352485 1375.217044 216.484894 0.370390 216.114504 1372.864144 6.76%
2 PENS QUALBD Q 3/17/93 7.196811 1555.335239 216.114504 0.326936 215.787567 1552.982339 6.76%
2 PENS QUALBD Q 3/17/94 7.381135 1592.757166 215.787567 0.318772 215.468795 1590.404266 6.76%
2 PENS QUALBD Q 3/17/95 7.508607 1617.870505 215.468795 0.313360 215.155435 1615.517605 6.76%
2 PENS QUALBD Q 3/17/96 8.241019 1773.100027 215.155435 0.285511 214.869924 1770.747127 6.76%
2 PENS QUALBD Q 3/17/97 8.575914 1842.705990 214.869924 0.274361 214.595563 1840.353090 6.76%
2 PENS QUALBD Q 3/17/98 9.392582 2015.606419 214.595563 0.250506 214.345056 2013.253519 6.76%
2 PENS QUALBD Q 10/31/98 10.000000 2143.450565 214.345056 0.235290 214.109766 2141.097665 6.76%
2 PENS SMLCAP Q 3/1/95 7.425236 1000.000000 134.675854 0.000000 134.675854 1000.000000 8.24%
2 PENS SMLCAP Q 3/1/96 8.584180 1156.081773 134.675854 0.274097 134.401757 1153.728873 8.24%
2 PENS SMLCAP Q 3/1/97 9.891750 1329.468578 134.401757 0.237865 134.163892 1327.115678 8.24%
2 PENS SMLCAP Q 3/1/98 12.504643 1677.671572 134.163892 0.188162 133.975730 1675.318672 8.24%
2 PENS SMLCAP Q 10/31/98 10.000000 1339.757298 133.975730 0.235290 133.740440 1337.404398 8.24%
2 PENS VALUEQ Q 3/17/87 2.723688 1000.000000 367.149248 0.000000 367.149248 1000.000000 11.67%
2 PENS VALUEQ Q 3/17/88 2.849947 1046.355897 367.149248 0.825594 366.323653 1044.002997 11.67%
2 PENS VALUEQ Q 3/17/89 3.316410 1214.879427 366.323653 0.709472 365.614181 1212.526527 11.67%
2 PENS VALUEQ Q 3/17/90 3.470492 1268.861091 365.614181 0.677973 364.936208 1266.508191 11.67%
2 PENS VALUEQ Q 3/17/91 3.659051 1335.320198 364.936208 0.643036 364.293173 1332.967298 11.67%
2 PENS VALUEQ Q 3/17/92 4.226303 1539.613329 364.293173 0.556728 363.736445 1537.260429 11.67%
2 PENS VALUEQ Q 3/17/93 4.608178 1676.162284 363.736445 0.510592 363.225853 1673.809384 11.67%
2 PENS VALUEQ Q 3/17/94 4.907783 1782.633665 363.225853 0.479422 362.746431 1780.280765 11.67%
2 PENS VALUEQ Q 3/17/95 5.339192 1936.772840 362.746431 0.440685 362.305746 1934.419940 11.67%
2 PENS VALUEQ Q 3/17/96 6.652655 2410.295132 362.305746 0.353678 361.952068 2407.942232 11.67%
2 PENS VALUEQ Q 3/17/97 8.023246 2904.030478 361.952068 0.293260 361.658807 2901.677578 11.67%
2 PENS VALUEQ Q 3/17/98 10.557696 3818.283742 361.658807 0.222861 361.435946 3815.930842 11.67%
2 PENS VALUEQ Q 10/31/98 10.000000 3614.359461 361.435946 0.235290 361.200656 3612.006561 11.67%
Page 5
SI pens 1a bkup
-----------------------------------------------------------------------------------------------------------------------------------
Table 1A - Pennant Select Variable/Fixed Annuity Contracts Pennant Select - SI - Tbl 1a
-----------------------------------------------------------------------------------------------------------------------------------
(assuming no purchase payments made after first contract year)
-----------------------------------------------------------------------------------------------------------------------------------
Average
Q = qualified $40 Contract # of units Annual Total
N = nonqualified Beginning # of units fee & deferred at end of Ending return for
-----------------------------------------------------------------------------------------------------------------------------------
amethod system fund qnonq accdate unitval bvalue bunits cunits eunits rvalue Since Inception
-----------------------------------------------------------------------------------------------------------------------------------
1a PENS BALFND Q 10/31/89 5.730320 1000.000000 174.510324 0.000000 174.510324 1000.000000 7.20%
1a PENS BALFND Q 10/31/90 5.460737 952.954983 174.510324 0.430876 174.079448 950.602083 7.20%
1a PENS BALFND Q 10/31/91 6.701046 1166.514390 174.079448 0.351124 173.728324 1164.161490 7.20%
1a PENS BALFND Q 10/31/92 7.182450 1247.795000 173.728324 0.327590 173.400734 1245.442100 7.20%
1a PENS BALFND Q 10/31/93 7.888625 1367.893363 173.400734 0.298265 173.102469 1365.540463 7.20%
1a PENS BALFND Q 10/31/94 7.702363 1333.298051 173.102469 0.305478 172.796991 1330.945151 7.20%
1a PENS BALFND Q 10/31/95 9.132473 1578.063856 172.796991 0.257641 172.539350 1575.710956 7.20%
1a PENS BALFND Q 10/31/96 8.204726 1415.638091 172.539350 0.286774 172.252576 1413.285191 7.20%
1a PENS BALFND Q 10/31/97 10.097183 1739.265785 172.252576 0.233025 172.019551 1736.912885 7.20%
1a PENS BALFND Q 10/31/98 10.000000 1720.195509 172.019551 0.235290 171.784261 1717.842609 7.20%
1a PENS EMGGRO Q 10/31/97 10.693572 1000.000000 93.514122 0.000000 93.514122 1000.000000 21.69%
1a PENS EMGGRO Q 10/31/98 10.000000 935.141223 93.514122 0.235290 93.278832 932.788323 21.69%
1a PENS EMGMKT Q 10/31/96 14.458904 1000.000000 69.161535 0.000000 69.161535 1000.000000 -18.40%
1a PENS EMGMKT Q 10/31/97 15.159409 1048.448001 69.161535 0.155211 69.006325 1046.095101 -18.40%
1a PENS EMGMKT Q 10/31/98 10.000000 690.063248 69.006325 0.235290 68.771035 687.710348 -18.40%
1a PENS FIDASM Q 10/31/89 3.703246 1000.000000 270.033371 0.000000 270.033371 1000.000000 11.27%
1a PENS FIDASM Q 10/31/90 3.638900 982.624433 270.033371 0.646596 269.386774 980.271533 11.27%
1a PENS FIDASM Q 10/31/91 4.627039 1246.463110 269.386774 0.508511 268.878263 1244.110210 11.27%
1a PENS FIDASM Q 10/31/92 5.048272 1357.370608 268.878263 0.466080 268.412183 1355.017708 11.27%
1a PENS FIDASM Q 10/31/93 6.023530 1616.788837 268.412183 0.390618 268.021565 1614.435937 11.27%
1a PENS FIDASM Q 10/31/94 6.017591 1612.844157 268.021565 0.391004 267.630561 1610.491257 11.27%
1a PENS FIDASM Q 10/31/95 6.360709 1702.320120 267.630561 0.369912 267.260650 1699.967220 11.27%
1a PENS FIDASM Q 10/31/96 6.861890 1833.913179 267.260650 0.342894 266.917756 1831.560279 11.27%
1a PENS FIDASM Q 10/31/97 10.461735 2792.422828 266.917756 0.224905 266.692850 2790.069928 11.27%
1a PENS FIDASM Q 10/31/98 10.000000 2666.928504 266.692850 0.235290 266.457560 2664.575604 11.27%
1a PENS FIDEQI Q 10/31/88 2.512627 1000.000000 397.989833 0.000000 397.989833 1000.000000 13.60%
1a PENS FIDEQI Q 10/31/89 2.848104 1133.516435 397.989833 0.826129 397.163704 1131.163535 13.60%
1a PENS FIDEQI Q 10/31/90 2.201191 874.233172 397.163704 1.068921 396.094783 871.880272 13.60%
1a PENS FIDEQI Q 10/31/91 3.031632 1200.813619 396.094783 0.776117 395.318666 1198.460719 13.60%
1a PENS FIDEQI Q 10/31/92 3.390167 1340.196298 395.318666 0.694037 394.624630 1337.843398 13.60%
Page 1
SI pens 1a bkup
1a PENS FIDEQI Q 10/31/93 4.190811 1653.797240 394.624630 0.561443 394.063187 1651.444340 13.60%
1a PENS FIDEQI Q 10/31/94 4.585389 1806.933004 394.063187 0.513130 393.550057 1804.580104 13.60%
1a PENS FIDEQI Q 10/31/95 5.523350 2173.714709 393.550057 0.425991 393.124066 2171.361809 13.60%
1a PENS FIDEQI Q 10/31/96 6.372224 2505.074608 393.124066 0.369243 392.754823 2502.721708 13.60%
1a PENS FIDEQI Q 10/31/97 9.827337 3859.734001 392.754823 0.239424 392.515399 3857.381101 13.60%
1a PENS FIDEQI Q 10/31/98 10.000000 3925.153988 392.515399 0.235290 392.280109 3922.801088 13.60%
1a PENS FIDGRO Q 10/31/88 2.591972 1000.000000 385.806637 0.000000 385.806637 1000.000000 13.14%
1a PENS FIDGRO Q 10/31/89 3.235152 1248.143113 385.806637 0.727292 385.079345 1245.790213 13.14%
1a PENS FIDGRO Q 10/31/90 2.633718 1014.190402 385.079345 0.893376 384.185969 1011.837502 13.14%
1a PENS FIDGRO Q 10/31/91 3.942101 1514.499893 384.185969 0.596864 383.589105 1512.146993 13.14%
1a PENS FIDGRO Q 10/31/92 4.127327 1583.197668 383.589105 0.570078 383.019026 1580.844768 13.14%
1a PENS FIDGRO Q 10/31/93 5.379675 2060.517880 383.019026 0.437368 382.581658 2058.164980 13.14%
1a PENS FIDGRO Q 10/31/94 5.354891 2048.683076 382.581658 0.439393 382.142265 2046.330176 13.14%
1a PENS FIDGRO Q 10/31/95 7.272629 2779.178919 382.142265 0.323528 381.818737 2776.826019 13.14%
1a PENS FIDGRO Q 10/31/96 7.267510 2774.871489 381.818737 0.323756 381.494981 2772.518589 13.14%
1a PENS FIDGRO Q 10/31/97 9.438321 3600.672090 381.494981 0.249292 381.245689 3598.319190 13.14%
1a PENS FIDGRO Q 10/31/98 10.000000 3812.456887 381.245689 0.235290 381.010399 3810.103987 13.14%
1a PENS FIDIND Q 10/31/92 7.611036 1000.000000 131.388158 0.000000 131.388158 1000.000000 4.46%
1a PENS FIDIND Q 10/31/93 8.611003 1131.383822 131.388158 0.273243 131.114915 1129.030922 4.46%
1a PENS FIDIND Q 10/31/94 8.799264 1153.714747 131.114915 0.267397 130.847517 1151.361847 4.46%
1a PENS FIDIND Q 10/31/95 5.479617 716.994279 130.847517 0.429391 130.418126 714.641379 4.46%
1a PENS FIDIND Q 10/31/96 6.678923 871.052620 130.418126 0.352287 130.065838 868.699720 4.46%
1a PENS FIDIND Q 10/31/97 8.669827 1127.648318 130.065838 0.271389 129.794449 1125.295418 4.46%
1a PENS FIDIND Q 10/31/98 10.000000 1297.944490 129.794449 0.235290 129.559159 1295.591590 4.46%
1a PENS FLEXMN Q 10/31/88 3.614109 1000.000000 276.693370 0.000000 276.693370 1000.000000 12.52%
1a PENS FLEXMN Q 10/31/89 4.267152 1180.692669 276.693370 0.551398 276.141972 1178.339769 12.52%
1a PENS FLEXMN Q 10/31/90 3.804689 1050.634324 276.141972 0.618421 275.523551 1048.281424 12.52%
1a PENS FLEXMN Q 10/31/91 4.997659 1376.972754 275.523551 0.470800 275.052751 1374.619854 12.52%
1a PENS FLEXMN Q 10/31/92 5.386857 1481.669835 275.052751 0.436785 274.615965 1479.316935 12.52%
1a PENS FLEXMN Q 10/31/93 6.195974 1701.513381 274.615965 0.379747 274.236219 1699.160481 12.52%
1a PENS FLEXMN Q 10/31/94 6.582611 1805.190350 274.236219 0.357442 273.878777 1802.837450 12.52%
1a PENS FLEXMN Q 10/31/95 7.520572 2059.725061 273.878777 0.312862 273.565915 2057.372161 12.52%
1a PENS FLEXMN Q 10/31/96 8.143869 2227.884975 273.565915 0.288917 273.276998 2225.532075 12.52%
1a PENS FLEXMN Q 10/31/97 9.446061 2581.391196 273.276998 0.249088 273.027910 2579.038296 12.52%
1a PENS FLEXMN Q 10/31/98 10.000000 2730.279104 273.027910 0.235290 272.792620 2727.926204 12.52%
1a PENS GROWEQ Q 10/31/88 3.366636 1000.000000 297.032409 0.000000 297.032409 1000.000000 10.79%
1a PENS GROWEQ Q 10/31/89 4.245562 1261.069507 297.032409 0.554202 296.478206 1258.716607 10.79%
Page 2
SI pens 1a bkup
1a PENS GROWEQ Q 10/31/90 3.510568 1040.806904 296.478206 0.670233 295.807973 1038.454004 10.79%
1a PENS GROWEQ Q 10/31/91 4.720759 1396.438151 295.807973 0.498416 295.309557 1394.085251 10.79%
1a PENS GROWEQ Q 10/31/92 4.986739 1472.631687 295.309557 0.471831 294.837726 1470.278787 10.79%
1a PENS GROWEQ Q 10/31/93 5.866512 1729.669057 294.837726 0.401073 294.436653 1727.316157 10.79%
1a PENS GROWEQ Q 10/31/94 5.389393 1586.834836 294.436653 0.436580 294.000073 1584.481936 10.79%
1a PENS GROWEQ Q 10/31/95 6.525015 1918.354887 294.000073 0.360597 293.639476 1916.001987 10.79%
1a PENS GROWEQ Q 10/31/96 6.662855 1956.477252 293.639476 0.353137 293.286339 1954.124352 10.79%
1a PENS GROWEQ Q 10/31/97 8.374502 2456.127035 293.286339 0.280960 293.005379 2453.774135 10.79%
1a PENS GROWEQ Q 10/31/98 10.000000 2930.053793 293.005379 0.235290 292.770089 2927.700893 10.79%
1a PENS HIBOND Q 10/31/88 4.597460 1000.000000 217.511408 0.000000 217.511408 1000.000000 8.56%
1a PENS HIBOND Q 10/31/89 4.698176 1021.906879 217.511408 0.500811 217.010597 1019.553979 8.56%
1a PENS HIBOND Q 10/31/90 4.107856 891.448283 217.010597 0.572781 216.437817 889.095383 8.56%
1a PENS HIBOND Q 10/31/91 5.420737 1173.252480 216.437817 0.434055 216.003761 1170.899580 8.56%
1a PENS HIBOND Q 10/31/92 6.145141 1327.373569 216.003761 0.382888 215.620873 1325.020669 8.56%
1a PENS HIBOND Q 10/31/93 7.348796 1584.553811 215.620873 0.320175 215.300698 1582.200911 8.56%
1a PENS HIBOND Q 10/31/94 7.118262 1532.566780 215.300698 0.330544 214.970154 1530.213880 8.56%
1a PENS HIBOND Q 10/31/95 7.716869 1658.896519 214.970154 0.304903 214.665251 1656.543619 8.56%
1a PENS HIBOND Q 10/31/96 8.595628 1845.182640 214.665251 0.273732 214.391519 1842.829740 8.56%
1a PENS HIBOND Q 10/31/97 9.892647 2120.899613 214.391519 0.237843 214.153675 2118.546713 8.56%
1a PENS HIBOND Q 10/31/98 10.000000 2141.536753 214.153675 0.235290 213.918385 2139.183853 8.56%
1a PENS INTLEQ Q 10/31/93 6.780778 1000.000000 147.475703 0.000000 147.475703 1000.000000 11.29%
1a PENS INTLEQ Q 10/31/94 7.185245 1059.649055 147.475703 0.327463 147.148240 1057.296155 11.29%
1a PENS INTLEQ Q 10/31/95 7.111342 1046.421459 147.148240 0.330866 146.817374 1044.068559 11.29%
1a PENS INTLEQ Q 10/31/96 8.188589 1202.227134 146.817374 0.287339 146.530035 1199.874234 11.29%
1a PENS INTLEQ Q 10/31/97 9.256089 1356.295047 146.530035 0.254200 146.275835 1353.942147 11.29%
1a PENS INTLEQ Q 10/31/98 10.000000 1462.758350 146.275835 0.235290 146.040545 1460.405450 11.29%
1a PENS LIMMAT Q 10/31/88 6.409040 1000.000000 156.029608 0.000000 156.029608 1000.000000 5.84%
1a PENS LIMMAT Q 10/31/89 6.900156 1076.628637 156.029608 0.340992 155.688616 1074.275737 5.84%
1a PENS LIMMAT Q 10/31/90 7.320476 1139.714776 155.688616 0.321414 155.367202 1137.361876 5.84%
1a PENS LIMMAT Q 10/31/91 7.969560 1238.208241 155.367202 0.295236 155.071966 1235.855341 5.84%
1a PENS LIMMAT Q 10/31/92 8.477709 1314.655006 155.071966 0.277540 154.794427 1312.302106 5.84%
1a PENS LIMMAT Q 10/31/93 8.955965 1386.333469 154.794427 0.262719 154.531708 1383.980569 5.84%
1a PENS LIMMAT Q 10/31/94 8.840839 1366.189952 154.531708 0.266140 154.265568 1363.837052 5.84%
1a PENS LIMMAT Q 10/31/95 9.478367 1462.185671 154.265568 0.248239 154.017329 1459.832771 5.84%
1a PENS LIMMAT Q 10/31/96 9.174547 1413.039226 154.017329 0.256460 153.760870 1410.686326 5.84%
1a PENS LIMMAT Q 10/31/97 9.683001 1488.866655 153.760870 0.242993 153.517877 1486.513755 5.84%
1a PENS LIMMAT Q 10/31/98 10.000000 1535.178769 153.517877 0.235290 153.282587 1532.825869 5.84%
Page 3
SI pens 1a bkup
1a PENS PARTNR Q 10/31/94 4.796650 1000.000000 208.478834 0.000000 208.478834 1000.000000 17.06%
1a PENS PARTNR Q 10/31/95 5.895340 1229.053610 208.478834 0.399112 208.079722 1226.700710 17.06%
1a PENS PARTNR Q 10/31/96 7.375327 1534.655994 208.079722 0.319023 207.760699 1532.303094 17.06%
1a PENS PARTNR Q 10/31/97 9.989274 2075.378551 207.760699 0.235543 207.525157 2073.025651 17.06%
1a PENS PARTNR Q 10/31/98 10.000000 2075.251566 207.525157 0.235290 207.289867 2072.898666 17.06%
1a PENS QUALBD Q 10/31/88 4.871573 1000.000000 205.272506 0.000000 205.272506 1000.000000 6.76%
1a PENS QUALBD Q 10/31/89 5.336973 1095.533824 205.272506 0.440868 204.831639 1093.180924 6.76%
1a PENS QUALBD Q 10/31/90 5.552432 1137.313745 204.831639 0.423760 204.407878 1134.960845 6.76%
1a PENS QUALBD Q 10/31/91 6.285700 1284.846601 204.407878 0.374326 204.033552 1282.493701 6.76%
1a PENS QUALBD Q 10/31/92 6.767127 1380.720962 204.033552 0.347696 203.685857 1378.368062 6.76%
1a PENS QUALBD Q 10/31/93 7.584102 1544.774315 203.685857 0.310241 203.375616 1542.421415 6.76%
1a PENS QUALBD Q 10/31/94 7.024905 1428.694380 203.375616 0.334937 203.040679 1426.341480 6.76%
1a PENS QUALBD Q 10/31/95 8.166115 1658.053534 203.040679 0.288130 202.752549 1655.700634 6.76%
1a PENS QUALBD Q 10/31/96 8.585287 1740.688825 202.752549 0.274062 202.478487 1738.335925 6.76%
1a PENS QUALBD Q 10/31/97 9.109501 1844.477983 202.478487 0.258291 202.220197 1842.125083 6.76%
1a PENS QUALBD Q 10/31/98 10.000000 2022.201966 202.220197 0.235290 201.984907 2019.849066 6.76%
1a PENS SMLCAP Q 10/31/95 8.013464 1000.000000 124.789978 0.000000 124.789978 1000.000000 8.24%
1a PENS SMLCAP Q 10/31/96 9.216480 1150.124341 124.789978 0.255293 124.534686 1147.771441 8.24%
1a PENS SMLCAP Q 10/31/97 11.840723 1474.580718 124.534686 0.198713 124.335973 1472.227818 8.24%
1a PENS SMLCAP Q 10/31/98 10.000000 1243.359732 124.335973 0.235290 124.100683 1241.006832 8.24%
1a PENS VALUEQ Q 10/31/88 3.194640 1000.000000 313.024316 0.000000 313.024316 1000.000000 11.67%
1a PENS VALUEQ Q 10/31/89 3.538815 1107.735144 313.024316 0.664884 312.359432 1105.382244 11.67%
1a PENS VALUEQ Q 10/31/90 2.913098 909.933637 312.359432 0.807697 311.551735 907.580737 11.67%
1a PENS VALUEQ Q 10/31/91 3.916254 1220.115730 311.551735 0.600804 310.950932 1217.762830 11.67%
1a PENS VALUEQ Q 10/31/92 4.405568 1369.915474 310.950932 0.534074 310.416857 1367.562574 11.67%
1a PENS VALUEQ Q 10/31/93 4.815291 1494.747500 310.416857 0.488631 309.928227 1492.394600 11.67%
1a PENS VALUEQ Q 10/31/94 5.092570 1578.331189 309.928227 0.462026 309.466200 1575.978289 11.67%
1a PENS VALUEQ Q 10/31/95 6.236119 1929.868053 309.466200 0.377302 309.088899 1927.515153 11.67%
1a PENS VALUEQ Q 10/31/96 7.461407 2306.238071 309.088899 0.315343 308.773556 2303.885171 11.67%
1a PENS VALUEQ Q 10/31/97 9.180814 2834.792584 308.773556 0.256284 308.517271 2832.439684 11.67%
1a PENS VALUEQ Q 10/31/98 10.000000 3085.172714 308.517271 0.235290 308.281981 3082.819814 11.67%
Page 4
