MetLife Financial Freedom Select B, L, and C Class ANNUITIES IMMEDIATE VARIABLE

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1 MetLife Financial Freedom Select B, L, and C Class ANNUITIES IMMEDIATE VARIABLE

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3 Table of Contents Designing Your Retirement Savings Plan... 2 Product Features... 2 Facts At a Glance... 3 Automated Investment Strategies To Help You Invest... 4 Selecting Investment Options... 5 Diversify With Asset Allocation... 6 Enhancing Your Retirement Income The Predictor SM Guaranteed Minimum Income Benefit (GMIB)... 7 TABLE OF CONTENTS

4 Designing Your Retirement Savings Plan Your retirement savings are among the most important keys to a secure financial future for both you and your family. Let s face it: Americans are living longer, and many are retiring early. And, if you re like most working Americans, you have established an age at which you would like to retire. During your retirement years, you want your money to last and work harder for you throughout your lifetime. That s precisely what MetLife s variable annuities are designed to do: help you accumulate assets for retirement, and provide you with a stream of income throughout your retirement years. You need a retirement savings product that has the potential of outpacing inflation, providing you with flexibility on when and how much you receive your income; essentially guaranteeing you income for life. By the time you retire, Social Security and personal savings may not be enough to cover your monthly living expenses, and unexpected financial emergencies can occur at any time. For this reason, it s important to establish a retirement savings plan as early as possible, and contribute as much as you can, whenever you can. Saving just an extra $100 each month can be significant, and can help add up to a larger nest egg later. DESIGNING YOUR RETIREMENT SAVINGS PLAN A variable annuity is a retirement savings vehicle specifically designed to help you save for retirement, providing you with a steady retirement income that you cannot outlive. Variable annuities are tax-deferred, which means that you pay no income tax on your investment until the money is withdrawn from your account. 1 In addition to being tax-deferred, variable annuities also feature a variety of investment options and tax-free transfers among those options. This type of annuity is variable because your income payments may vary based on the investment performance of the investment divisions you choose. Making Your Wealth Last a Lifetime with MFFS The MetLife Financial Freedom Select (MFFS) variable annuity allows you to choose from three share classes and optional benefits, such as an enhanced death benefit and an optional living benefit, the Predictor SM Guaranteed Minimum Income Benefit (GMIB). The GMIB will be detailed for you in subsequent pages of this brochure. Meanwhile, other features within MFFS include: FEATURES TO HELP ASSETS GROW 3% bonus on eligible transfers in the first two certificate years (B and L classes only) 2 45 Actively Managed Portfolios 5 Index Portfolios 1 Fixed Interest Account 4 Automated Investment Strategies 3 No minimum contribution amount Unlimited transfers among investment choices and the Fixed Interest Account 4 No front-end sales charge (other fees and charges may apply) FLEXIBLE BENEFIT FEATURES DESIGNED FOR YOUR CHANGING NEEDS 2 The Predictor SM Guaranteed Minimum Income Benefit 5 Benefit sensitivity Systematic withdrawals Minimum distribution service Choice of payout options Standard and optional annual step-up benefits 1 Ordinary income taxes generally apply at withdrawal. Withdrawals prior to age from a TSA or prior to age from a 457(b) are generally prohibited. Where allowed, a 10% federal tax penalty generally applies, in addition to ordinary income taxes. Consult your tax advisor to determine whether an exception to these tax rules may apply. 2 State variations may apply. Generally not available if assets are from other MetLife or MetLife affiliates products or if you are over age 65 on the certificate issue date. 3 No investment strategy can guarantee a profit or prevent a loss. 4 Restrictions may apply. See the prospectus for more details. 5 May not be available in all states. The guaranteed features of the MetLife Financial Freedom Select are subject to the financial strength and claims-paying ability of Metropolitan Life Insurance Company.

5 Facts At a Glance 51 FUNDING OPTIONS AVAILABLE ASSET ALLOCATION PORTFOLIOS MINIMUM PURCHASE PAYMENT ACCESS TO YOUR MONEY THE PREDICTOR 1 TRANSFERS AMONG CHOICES 3% BONUS MINIMUM DISTRIBUTION SERVICE LOAN PROVISION BENEFIT SENSITIVITY DEATH BENEFIT OPTIONAL ANNUAL STEP-UP DEATH BENEFIT ADMINISTRATIVE FEE SEPARATE ACCOUNT CHARGE WITHDRAWAL CHARGES 1,2 Fixed Interest Account 45 Actively Managed Portfolios 5 Index Portfolios Note: Monies allocated to the investment options are not guaranteed and bear the risk of loss. 5 Asset Allocation Portfolios None. If no contributions are made for more than 24 months and the account balance is under $2,000, MetLife may cancel the contract, if permitted by law, by paying the account balance less any outstanding loans. Early withdrawal charges may apply. After the first contract year, you may withdraw up to 10% of your total account balance per contract year. This 10% total withdrawal may be taken in an unlimited number of partial withdrawals during that contract year. These withdrawals are made on a non-cumulative basis. Guarantees a minimum level of income stream beginning on the 10th (or later) contract anniversary, providing a safety net in a declining financial market. All or part of the contract may be converted.the guaranteed income stream is based on the higher of: 1. Purchase payments compounded at 6% annually (until the contract anniversary prior to the owner s 81st birthday) and reduced for withdrawals,* or 2. The Highest Anniversary Value achieved prior to age 81, increased for subsequent purchase payments and reduced proportionately for withdrawals. Must be elected at time of purchase (prior to age 76) and is irrevocable once selected. Available for an additional 0.35% of the Income Base per year. Free, Non-taxable, Unlimited (Restrictions may apply. See prospectus for more details.) Eligible transfers in the first two certificate years receive a bonus of 3% of the transfer. Generally not available if assets are from other MetLife or MetLife affiliates products or if you are over age 65 on the certificate issue date. (B and L classes only) 1 The minimum distribution generally required each year after age or when you retire, whichever is later, by federal income tax rules can be calculated and forwarded from MetLife Financial Freedom Select. MetLife will guarantee the calculation for this annuity against IRS penalties (based upon the information provided). The amount that may be borrowed, the interest rate charged, the loan repayment schedules and loan application fees are described in the loan application form and the contract (TSA only). No contract withdrawal charge will apply upon: disability (after first contract/certificate year) 1 death annuitization terminal illness (after first contract/certificate year) 1 confinement to a nursing home (after first contract/certificate year) 1 retirement (after 5 years from the issue date of the certificate) severance from employment with the employer you had at the time you purchased the certificate (after 5 years from the issue date of the certificate) 1 a direct transfer to another MetLife approved product any withdrawal required to avoid federal income tax penalties or satisfy federal income tax rules (for this annuity contract only) The Standard Death Benefit is the greatest of: 1. Account Balance 2. Total purchase payments reduced proportionately for withdrawals. In each case the amount is reduced by any outstanding loan balance. The greatest of: 1. Account Balance 2. Total purchase payments reduced proportionately for withdrawals. 3. Highest Anniversary Value on any contract anniversary prior to owner s 81st birthday plus any subsequent purchase payments, and reduced proportionately for withdrawals. In each case the amount is reduced by any outstanding loans. Must be elected at time of purchase and is irrevocable once selected. Available for an additional Separate Account charge of 0.10% annually. There is a $30 annual fee from the investment options. The fee will be waived if the account balance is $25,000 or greater, or if purchase payments of $2,000 or more were received in the past 12 months. No fee is deducted from the Fixed Interest Account. B Class: 1.15% L Class: 1.30% C Class: 1.45% Annual Separate Account charges for American Funds investment options are an additional 0.25%. The following withdrawal charges apply to the amount withdrawn from the account balance based on the age of the certificate issue date. B Class: 12-year withdrawal charge schedule: 9%, 9%, 9%, 9%, 8%, 7%, 6%, 5%, 4%, 3%, 2%, 1%, 0% 1 L Class: 7-year withdrawal charge schedule: 9%, 8%, 7%, 6%, 5%, 4%, 2%, 0% C Class: No withdrawal charges apply The fees and charges mentioned above do not include investment management fees and other expenses of the funding options under your contract. Please refer to the prospectus for more information. FACTS AT A GLANCE 3 * If withdrawals are greater than 6%. If withdrawals are less than 6%, the Income Base is adjusted dollar for dollar. 1 State variations may apply. May not be available in all states, all ages or all tax markets. 2 Federal income tax rules prohibit withdrawals before age from a TSA. Some exceptions apply. Where pre withdrawals are allowed, a 10% tax penalty may apply. Ordinary income taxes apply to withdrawals.

6 Automated Investment Strategies To Help You Invest MetLife s automated investment strategies are designed to help you manage your money by automatically rebalancing or transferring your assets among investment choices at periodic intervals. You can decide if one is appropriate for you, based upon your risk tolerance and savings goals, although you may only choose one strategy at a time. They are available without an additional charge, and you can change or stop any of the strategies at any time. MFFS offers four strategies: AUTOMATED INVESTMENT STRATEGIES TO HELP YOU INVEST Allocator SM* Your money goes into the Fixed Interest Account where it earns a current competitive rate of interest. Each month a portion is transferred to the investment options you select. In reality, few investors, even professional money managers, are successful at timing the highs and lows, and the stock and bond markets. The Allocator uses dollar cost averaging to take advantage of ups and downs in the market by investing the same amount at regular intervals of time. Equity Generator SM* Contributions go into the Fixed Interest Account, where they earn an interest rate guaranteed by MetLife and are protected from investment risk. Then each month, an amount equal to the accrued interest is automatically moved into one investment option of your choice. This allows you to enter the market with relative ease, without worrying about choosing the right time to invest. Also, the principal from the Fixed Interest Account remains protected from any loss, as long as you do not make any withdrawals. The guarantee associated with the Fixed Interest Account is subject to the financial strength and claims-paying ability of Metropolitan Life Insurance Company. Index Selector SM* The Index Selector investment strategy uses an asset allocation program to divide your money across five index investment options and the Fixed Interest Account. There are five Index Selector allocation models, ranging from conservative to aggressive: Lehman Brothers Aggregate Bond Index, MetLife Stock Index, Morgan Stanley EAFE Index, Russell 2000 Index and MetLife Mid Cap Stock Index. Each model has a different percentage of some or all of the index investment options and the Fixed Interest Account.* The index investment options are designed to equal the return of popular benchmark indexes of each asset class. The underlying portfolios hold many of the same stocks or bonds that are traced by the actual index. Of course, there is no guarantee that an index investment option will achieve the performance of its index. Once you have made your choice, 100% of your account balance is allocated to this strategy. Each quarter, your account is automatically rebalanced to match the allocation of the Index Selector model you chose. Some of the Index Selector models may be more volatile than the other investment strategies. Rebalancer Once you select a specific asset allocation, the Rebalancer can start to work for you. If the funding options in your originally selected allocation do well and your account balance grows, your allocation could also change, leaving you with potentially more risk in the stock market. Instead of you having to re-allocate your assets, the Rebalancer does the work for you, automatically returning account assets to the allocation you initially selected every three months. You must have 100% of your account balance allocated to this strategy. 4 * Note: No investment strategy can guarantee a profit or protect against a loss. Only one investment strategy may be in effect at a time. The Equity Generator SM and Allocator SM are dollar cost averaging strategies that involve continuous investment in securities regardless of fluctuating price levels. Participants should consider their ability to continue purchases through periods of low price levels. We will continue to implement the Index Selector SM strategy using the percentage allocations of the model that has been in effect since May 1,2004. These percentage allocations will not change. You should consider whether it is appropriate for you to continue this strategy over time if your risk tolerance, time horizon or financial situation changes.

7 Selecting Investment Options FUNDING OPTIONS ASSET CLASS Fixed Interest Account* Cash BlackRock Money Market B,F,X Cash Western Asset Management US Government B 1-5 Year Fixed BlackRock Bond Income B,F,H Aggregate Bond American Funds Bond B Aggregate Bond Lehman Brothers Aggregate Bond Index B,F,I Aggregate Bond PIMCO Total Return B,D,F Aggregate Bond Western Asset Management Strategic Bond Opportunities B,F,H Global Aggregate Bond Lord Abbett Bond Debenture B,H High Yield Bond PIMCO Inflation Protected Bond B,F Long Term Bond MFS Total Return B,F,L,V Balanced-Domestic Calvert Social Balanced B,L Balanced-Domestic Neuberger Berman Real Estate R REITs Harris Oakmark Focused Value B,F,H,L,M,N,S,V Mid Cap Value Neuberger Berman Mid Cap Value F,M,V Mid Cap Value BlackRock Large-Cap Core G,J,L,V Large Cap Blend American Funds Growth-Income F,G,L,V Large Cap Blend MetLife Stock Index G,I,L,V Large Cap Blend BlackRock Large Cap Value F,L,M,S,V Large Cap Value Davis Venture Value F,L,V Large Cap Value FI Value Leaders F,L,V Large Cap Value Harris Oakmark Large Cap Value B,H,L,V Large Cap Value BlackRock Strategic Value B,F,G,H,L,M,S,V Small Cap Value Third Avenue Small Cap Value F,S,V Small Cap Value American Funds Global Small Capitalization F,S Global Small Cap FI Mid Cap Opportunities F,G,L,M,S,V Mid Cap Blend Lazard Mid-Cap G,M,V Mid Cap Blend MetLife Mid Cap Stock Index G,I,M,V Mid Cap Blend Harris Oakmark International F International Equities MFS Research International F International Equities Morgan Stanley EAFE Index F,I,L,M,S International Equities BlackRock Legacy Large Cap Growth B,F,G,L Large Cap Growth FI Large Cap B,F,G,H,L Large Cap Growth American Funds Growth F,G,L Large Cap Growth Janus Forty B,F,G,L,M,S Large Cap Growth Oppenheimer Capital Appreciation F,G,L Large Cap Growth T. Rowe Price Large Cap Growth B,F,G,L Large Cap Growth Loomis Sayles Small Cap F,G,L,M,R,S,V Small Cap Blend Russell 2000 Index G,I,S,V Small Cap Blend T. Rowe Price Mid-Cap Growth F,G,M Mid Cap Growth Franklin Templeton Small Cap Growth B,F,G,L,M,S,T Small Cap Growth Met/AIM Small Cap Growth F,S Small Cap Growth T. Rowe Price Small Cap Growth B,F,G,S Small Cap Growth RCM Technology F,M,T Sector/Technology PORTFOLIOS THAT INVEST IN EXCHANGE TRADED FUNDS ASSET CLASS Cyclical Growth & Income ETF Portfolio B,E,F,G,H,J,L,M,R,S,V,Z Balanced-Flexible Cyclical Growth ETF Portfolio B,E,F,G,H,J,L,M,R,S,V,Z Large Cap Blend ASSET ALLOCATION FUNDING OPTIONS ASSET CLASS MetLife Conservative Allocation Portfolio AA MetLife Conservative to Moderate Allocation Portfolio AA MetLife Moderate Allocation Portfolio AA MetLife Moderate to Aggressive Allocation Portfolio AA MetLife Aggressive Allocation Portfolio AA Asset Allocation Asset Allocation Asset Allocation Asset Allocation Asset Allocation MORE CONSERVATIVE Lower Potential Reward Lower Potential Volatility Standard & Poor s Investment Advisory Services LLC ( SPIAS ) believes that the chart at left shows the approximate risk relationships among the asset classes for the funding options made available by Metropolitan Life Insurance Company under its variable products, from the most conservative to the most aggressive. Within each asset class, funding options are listed in alphabetical order (based on Portfolio s legal name). The ranking of asset classes (with the exception of the Fixed Account) is based on an analysis by SPIAS. In determining the ranking, discrete indices, which do not necessarily include the funding options offered by Metropolitan Life Insurance Company, served as proxies for each of the asset classes. Risk is based upon volatility, determined by computing the average standard deviations of monthly returns over rolling five year periods between 1990 and SPIAS makes no representation as to the performance of the available funding options relative to the index for their respective asset classes. Other methodologies for ranking asset classes may produce different results. Since past performance of investments is not necessarily indicative of their future results, no assurance can be given that the ranking of asset classes shown here will correspond to rankings in the future. MORE AGGRESSIVE Higher Potential Reward Higher Potential Volatility SELECTING INVESTMENT OPTIONS 5

8 Diversify With Asset Allocation Find the MetLife Asset Allocation Portfolio That s Right For You Within the MetLife Financial Freedom Select variable annuity are five Asset Allocation funding options, also called fund-offunds : MetLife Conservative Allocation Portfolio, MetLife Conservative to Moderate Allocation Portfolio, MetLife Moderate Allocation Portfolio, MetLife Moderate to Aggressive Allocation Portfolio and the MetLife Aggressive Allocation Portfolio. Each portfolio is designed to meet your specific investment objective and risk tolerance among a variety of asset classes, while providing you with diversification within those asset classes. They work by combining the investment strategies and styles of several managers in a single funding option, which can help manage investment risk and offer you the benefit of a wide range of portfolio management expertise. To find your best fit, all you have to do is complete an Asset Allocation Questionnaire with the guidance of your financial representative and establish your investment goals, time horizon and risk level. Your representative will walk you through your results, helping you determine which Asset Allocation funding option is right for you. CONSERVATIVE ALLOCATION CONSERVATIVE TO MODERATE ALLOCATION MODERATE ALLOCATION MODERATE TO AGGRESSIVE ALLOCATION AGGRESSIVE ALLOCATION DIVERSIFY WITH ASSET ALLOCATION Equities Fixed Income DESIGNED FOR: investors who may have a low tolerance for risk and seek current income and stability rather than growth investors who seek current income and stability and some growth long-term investors who are comfortable with some investment risk and seek moderate growth long-term investors who seek a high degree of growth and are comfortable with an increased degree of investment risk long-term investors who seek a very high degree of growth and are very comfortable with an increased degree of investment risk 6 Professional Management The Asset Allocation Portfolios are managed by MetLife Advisers, LLC ( MetLife Advisers ). MetLife Advisers consults with Standard & Poor s Investment Advisory Services LLC (SPIAS) when selecting the portfolios in which each Asset Allocation funding option invests. MetLife Advisers also determines the proportions of each underlying portfolio within each asset allocation portfolio. The underlying portfolios consist of a selection of Metropolitan Series Fund, Inc. and Met Investors Series Trust portfolios, both advised by MetLife affiliates. MetLife Advisers is an indirect, wholly-owned subsidiary of Metropolitan Life Insurance Company. Portfolio Rebalancing MetLife Advisers may rebalance the underlying portfolios from time to time. MetLife Advisers may change the allocation and underlying portfolios as it deems appropriate. Should an underlying portfolio no longer meet its selection criteria, it will be replaced with another that meets its criteria. Current allocations can be found on the next page. Fees and Expenses Because the asset allocation portfolios invest in underlying portfolios, the cost of investing in one of the Asset Allocation funding options will generally be higher than the cost of investing in the underlying funding option directly. This is due to the fact that the Asset Allocation funding option will pay a share of the underlying portfolio expenses, including investment management fees and expenses, in addition to its own investment management fees and expenses. However, with the Asset Allocation funding options, you will receive the asset allocation services of MetLife Advisers. Please refer to the prospectus for additional information regarding investment management fees and expenses.

9 Enhancing Your Retirement Income The Predictor SM Guaranteed Minimum Income Benefit Invest with Confidence and Lock In Guaranteed Rates! What is the Predictor SM1? MetLife Financial Freedom Select variable annuity offers you an optional living benefit designed to give you access to your money during your lifetime. The Predictor, available for an additional annual charge, is an optional living benefit designed to provide you with a predictable level of future retirement income regardless of your annuity account s investment performance, as well as a safety net if your account balance should decline at the point you are ready to take income from your contract. In other words, the Predictor guarantees from day one a minimum level of income that you can receive upon annuitization of your contract. 2,3 Also, if your funding choices perform better than the amount guaranteed with the Predictor, you have an opportunity to receive an even higher level of income payments! If you choose the Predictor optional benefit, your guaranteed minimum annuity payout will be a fixed income stream based on the higher of two possible Income Bases when you are ready to begin receiving payments: 6% Annual Increase Predictable from Day One The 6% Annual Increase feature provides protection against investment losses. The value of your contributions is compounded at 6% annually until the certificate anniversary prior to your 81st birthday. This value is adjusted proportionately for any withdrawals, if those withdrawals total more than 6% of the annual increase amount at the previous certificate anniversary. Keep in mind that this value will grow independently of your MFFS account balance and investment performance. So again, from day one, you can predict the guaranteed minimum level of income that you will receive, based on your purchase payments. Take a look at the chart below, illustrating the guaranteed monthly fixed income payments to an owner who purchases MFFS with a $100,000 purchase payment at age 55. These monthly payments are guaranteed for the annuitants lifetime(s). You cannot outlive these payments! If the owner/annuitant should die, all beneficiaries are guaranteed the same monthly payment until a 10-year payment schedule has been reached. ENHANCING YOUR RETIREMENT INCOME Guaranteed Monthly Income for 10 Years Certain : $100,000 Purchase Payment at Age 55 Type of Payout After 10 Years After 15 Years After 20 Years Single Life* $754 $1,131 $1,725 Joint Life** $659 $975 $1,475 * If the owner decides to receive income payments under the Single Life Option after age 79, the ten-year guarantee period will be shortened. Please see the prospectus for details. The single life value assumes one annuitant. ** The joint life values assume two annuitants of the same age. At 6%, the Guaranteed Minimum Income Base (GMIB) would grow to $179,085 after 10 years. The Income Base is applied to the conservative GMIB Annuity Table rates set forth in the contract rider. The Income Base cannot be applied to current annuity rates, which may be higher than GMIB Table rates. Please refer to the prospectus for more information about how the GMIB is calculated. Highest Anniversary Value Locks in Growth This feature allows the potential to lock in investment gains. Its value equals the highest anniversary value achieved on any certificate anniversary prior to age 81, plus any subsequent purchase payments, and reduced proportionately for subsequent withdrawals. 4 This value is based on actual investment performance, and the lock in feature helps allow you to capture investment growth and preserve it until you reach retirement, in the event that your account balance declines at a later date. 7 1 Please refer to your MFFS prospectus or contact your MetLife Representative for details regarding availability in your state. 2 You can elect to receive the guaranteed income on any certificate anniversary (within a 30 day grace period) after 10 or more years of ownership, but no later than the certificate anniversary immediately following your 85th birthday. The benefit afforded by Predictor does not apply to distributions prior to annuitization. You must annuitize your contract to realize this benefit. Guaranteed income under the Predictor cannot be elected if there are outstanding loans. The Predictor does not guarantee a minimum account balance or guarantee a return on any investment division. The Income Base may not be taken as a lump sum. The Income Base cannot be applied to current annuity rates, which may be higher than GMIB table rates. 3 All guarantees are based on the financial strength and claims paying ability of Metropolitan Life Insurance Company. 4 If withdrawals are 6% or less of the annual increase amount at the previous certificate anniversary, the withdrawal adjustment is the total dollar amount of partial withdrawals treated as a single withdrawal at the end of the year. These values will not be reflected in your Account Balance. Ordinary income taxes generally apply at withdrawal. Withdrawals prior to age from a TSA or prior to age from a 457(b) are generally prohibited. Where allowed, a 10% federal tax penalty generally applies, in addition to ordinary income taxes. Consult your tax advisor to determine whether an exception to these tax rules may apply.

10 How do I purchase the Predictor SM 1? Once you are enrolled in the MFFS variable annuity, the Predictor is available for an annual fee of 0.35% of the Income Base, deducted at the end of each certificate year from your account balance on a pro-rata basis among funding choices and the Fixed Interest Account. The Predictor is irrevocable once selected. Guaranteed income under the Predictor cannot be elected if you have outstanding loans. The Predictor must be elected at the time you purchase the certificate (prior to age 76). You can elect to receive the guaranteed income on any certificate anniversary after 10 or more years of ownership (within a 30-day grace period), but no later than the certificate anniversary following your 85th birthday. The benefit afforded by the Predictor does not apply to distributions prior to annuitization. You must annuitize your contract to realize this benefit. ENHANCING YOUR RETIREMENT INCOME 8 1 The optional GMIB feature may only be selected at the time of contract purchase for an additional annual charge against the income base (see current prospectus for details) and cannot be changed later. The GMIB benefit can only be exercised after the 10th contract anniversary. The GMIB feature is not a cash or account value. Please be advised that depending on the performance of the investment option selected, the contract value at the time of annuitization could be such that the investor would incur a higher expense with the GMIB option without receiving any additional benefit.

11 Footnotes The MetLife Financial Freedom Select variable annuity is offered by prospectus only, which is available from your registered representative. You should carefully consider the product s features, risks, charges and expenses, and the investment objectives, risks and policies of the underlying portfolios, as well as other information about the underlying funding choices. This and other information is available in the prospectus, which you should read carefully before investing. Product availability and features may vary by state. All product guarantees are based on the claims-paying ability of Metropolitan Life Insurance Company. The amounts allocated to the variable investment options of your account balance are subject to market fluctuations so that, when withdrawn or annuitized it may be worth more or less than its original value. Not all funding choices may be available to your employer group. * Not available in the MetLife Financial Freedom Select variable annuity with the optional Guaranteed Minimum Income Benefit issued in New York state. Fixed Interest Account is guaranteed by Metropolitan Life Insurance Company, New York, New York. B Bond and other fixed-income securities involve both credit risk and market risk, which includes interest rate risk. Credit risk is the risk that the security s issuer will not pay the interest, dividends or principal that it has promised to pay. Market risk is the risk that the value of the security will fall because of changes in market rates of interest or other factors. Interest rate risk reflects the fact that the values of fixed-income securities tend to fall as interest rates rise. When interest rates go down, interest earned on fixed-income securities will tend to decline. D The Portfolio may use derivative instruments for hedging purposes or as part of its investment strategy. Use of these instruments may involve certain costs and risks such as liquidity risk, interest rate risk, market risk, credit risk, management risk and the risk that a fund could not close out a position when it would be most advantageous to do so. Portfolios investing in derivatives could lose more than the principal amount invested in those instruments. E Exchange Traded Funds (ETF) purchases and sales are made on the open market and as such are subject to ordinary commission charges by the Broker/Dealer firm who executes the transaction. Trading throughout the day, the value of an ETF may be more or less than the net asset value of the underlying holdings. Additionally, the spread between the bid and ask prices will cause the price at which you can immediately sell an ETF share you just purchased to be lower than the price you paid for it. There is no guarantee that an ETF will meet the objectives of its underlying portfolio. F Foreign securities pose additional risks that are not associated with U.S. domestic issues, such as changes in currency exchange rates and different governmental regulations, economic conditions and accounting standards. G Invests in growth stocks, the prices of which may be more sensitive to changes in current or expected earnings than the prices of other stocks. Growth stocks may not perform as well as value stocks or the stock market in general. H Lower rated high yield, high risk securities generally involve more credit risk. These securities may also be subject to greater market price fluctuations than lower yielding, higher rated debt securities. I Morgan Stanley sponsors the MSCI EAFE Index, Lehman Brothers sponsors the Lehman Brothers Aggregate Bond Index, Standard & Poor s sponsors the S&P 500 Index and the S&P MidCap 400 Index, and Frank Russell Company sponsors the Russell 2000 Index (together referred to as index sponsors ). Direct investment in an index is not possible. The index sponsors do not sponsor, endorse, sell or promote the portfolios or make any representation regarding the advisability of investing in the portfolios. The index sponsors have no responsibility for and do not participate in the management of portfolio assets or sale of portfolio shares. Each index and its associated trademarks and service marks are the exclusive property of the respective index sponsors. The Metropolitan Series Fund, Inc. Statement of Additional Information contains a more detailed description of the limited relationship the index sponsors have with MetLife and the Fund. Market indices referenced are unmanaged and representative of large and small domestic and international stocks and bonds, each with unique risks. Information about them is provided to illustrate market trends and does not represent the performance of any specific investment. You cannot invest directly in an index. L Invests in the common stock of large capitalization companies. These investments may not be able to attain the growth rates as high as those of successful smaller capitalization companies, especially during extended periods of economic expansion. M The common stocks of medium-sized companies may be more volatile than those of larger, more established companies. N The portfolio is classified as nondiversified, meaning it has the ability to take larger positions in a smaller number of issuers than a diversified fund. Nondiversified funds may experience greater price volatility. R Investing in real estate involves special risks, which may not be associated with investing in stocks, including possible declines in real estate values, adverse economic conditions, and changes in interest rates. S Investments in small capitalization and emerging growth companies involve greater than average risk. Such securities may have limited marketability and the issuers may have limited product lines, markets and financial resources. The value of such investments may fluctuate more widely than investments in larger, more established companies. T The technology industry can be significantly affected by obsolescence, short product cycles, falling prices and profits, and competition from new market participants. Funding choices that primarily invest in one sector are more volatile than those that diversify across many industry sectors and companies. V Invests in stocks that tend to trade at lower prices relative to their fundamental financial characteristics and are therefore considered undervalued. Value stocks can perform differently than other categories of stocks (e.g., growth stocks) and can continue to be undervalued by the market for long periods of time. X Z An investment in the BlackRock Money Market Portfolio is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the Portfolio seeks to preserve the value of your investment at $ per share, it is possible to lose money by investing in the Portfolio. An investment in the Portfolio is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the Portfolio seeks to preserve the value of your investment, it is possible to lose money by investing in the Portfolio. AA The Asset Allocation Portfolios may invest in all the asset classes of the underlying portfolios. Consequently, all the risks and other information listed in these footnotes may apply. While diversification through an asset allocation strategy is a useful technique that can help to manage overall portfolio risk and volatility, there is no certainty or assurance that a diversified portfolio will enhance overall return or outperform one that is not diversified. An investment made according to one of these asset allocation models neither guarantees a profit nor prevents the possibility of loss.

12 Pursuant to IRS Circular 230, MetLife is providing you with the following notification: The information contained in this document is not intended to (and cannot) be used by anyone to avoid IRS penalties. This document supports the promotion and marketing of insurance products. You should seek advice based on your particular circumstances from an independent tax advisor. Like most annuity contracts, MetLife contracts contain withdrawal charges, limitations, exclusions, holding periods, termination provisions and terms for keeping them in force. Contact your representative for complete details. The amounts allocated to the variable investment options of your account balance are subject to market fluctuations so that, when withdrawn or annuitized, it may be worth more or less than its original value. The MetLife Financial Freedom Select variable annuity is issued by Metropolitan Life Insurance Company (MLIC), NY, NY 10166, and distributed by MetLife Investors Distribution Company (MLIDC) (member NASD), 5 Park Plaza, Suite 900, Irvine, CA Securities, including variable products, offered through MetLife Securities, Inc.(MSI) (member NASD/SIPC), NY, NY. MLIC, MLIDC, and MSI are affiliates. MetLife Advisers, LLC, the investment advisor to the asset allocation portfolios, chooses the underlying funding options for each Portfolio and the proportions of each underlying funding option within the Portfolio. SPIAS serves as consultant to MetLife Advisers, LLC for the Asset Allocation Portfolios, SPIAS does not provide advice to MetLife s underlying clients or have any discretionary authority or control with respect to purchasing or selling securities, and does not act as a fiduciary or investment manager as defined under ERISA, to any investor, SPIAS makes no warranties, express or implied, as to results to be obtained from the information provided by it, and neither SPIAS nor its affiliates endorse, sell or promote this product or make any recommendations as to advisability of investing in it. The asset allocation portfolios are fund of funds portfolios. Because of this two tier structure, each asset allocation portfolio bears its own investment management fees and expenses as well as its pro-rata share of the investment management fees and expenses of the underlying portfolios. The Contract Owner may be able to realize lower aggregate expenses by investing directly in the underlying portfolios instead of investing in the asset allocation portfolios. In that case, you would not receive the asset allocation services of MetLife Advisers, LLC. Metropolitan Life Insurance Company 200 Park Avenue, New York, NY MLR L (exp0408) Date of first use: May METLIFE, INC. PEANUTS United Feature Syndicate, Inc.