The chart compares the FINAL BALANCE and INVESTMENT RETURN as of the date shown for an initial $100,000 investment made in January 1997 using each of the five following investment strategies without any additional contributions:

* Our objective process and calculation of results were independently reviewed by Ashland Partners and Company, LLP in 2006. The HORIZON™ computer model has remained unchanged and the results for the period shown are simulated. Actual performance may be higher or lower. Please contact us for a full copy of the Ashland report.