RiverSource Flexible Portfolio Annuity

Issued By RiverSource Life Insurance Co. of New York, Albany, NY (RiverSource Life of NY) Performance for Annuites for Quarter end 06/30/10 and the month end 08/31/10. The performance information shown represents past performance and is not a guarantee of future results. The investment return and principal value of your investment will fluctuate so that your shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance information shown. You may obtain performance information current to the most recent month-end by calling 1 (800) 541-2251, Option 3. No new contracts are currently being sold. We show actual performance from the date the subaccounts began investing in the funds. We also show performance from the commencement date of the funds as if the annuity existed at that time, which it did not. inception date is the date on which a price level (based on various benefits and fees) is first offered in any product. If that same price level is later added to another product, we continue to use the original inception date. In one product, there can be multiple price levels invested in the same underlying fund. A fund underlying your contract in which a subaccount invests may have a name, portfolio manager, objectives, strategies and characteristics that are the same or substantially similar to those of a publicly-traded retail mutual fund. Despite these similarities, an underlying fund is not the same as any publicly traded retail mutual fund. Each underlying fund will have its own unique portfolio holdings, fees, operating expenses and operating results. The results of each underlying fund may differ significantly from any publicly-traded retail mutual fund. This information is authorized for use when preceded or accompanied by a current annuity prospectus. You should consider the investment objectives, risks, charges and expenses of the variable annuity and its underlying investment options carefully before investing. For a free copy of the underlying investment's prospectus, which contains this and other information about variable annuities, call 1 (800) 333-3437. Read the prospectus carefully before you invest. Variable annuities are insurance products that are complex, long-term investment vehicles that are subject to market risk, including the potential loss of principal invested. The performance numbers includes the deduction of the following current charges: a $30 contract administrative charge and a 1.25% mortality and expense risk fee. The returns with surrender charge includes the deduction of a 7% surrender charge on purchase payments applied in the first three contract years, then reduces by 1% per year from 6% in the fourth year to 2% in the eighth year and 0% thereafter. An investment in the Cash Management Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the Fund. The 7-day yields shown reflect more closely the earnings of the fund than the total return numbers. Short-term yields may be higher or lower than the figures shown. Contact your advisor or call 1 (800) 541-2251, Option 3 for the most current yield. The contract form number for this product is 31036-NY. VARIABLE ANNUITIES: ARE NOT A DEPOSIT OF ANY BANK OR ANY BANK AFFILIATE ARE NOT FDIC INSURED ARE NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY ARE NOT BANK GUARANTEED MAY LOSE VALUE Page 1 of 10

Performance Update 08/31/10 Fund 1-month 08/31/10 3-month 08/31/10 Average Annual Total Returns Commencement of the YTD 08/31/10 1-yr. 3-yr. 5-yr. 10-yr. Average Annual Total Returns of the Sub-account Commencement of the Fund ** 1-yr. 3-yr. 5-yr. 10-yr. ** CASH EQUIVALENTS* RVST RiverSource VP - Cash Management Fund Effective 5/1/08, previously RiverSource Variable Portfolio - Cash Management Fund. Without Surrender Charge (10/08/1996) (10/13/1981) -0.17% -0.38% -0.88% -1.29% -0.01% 1.22% 0.91% 1.71% -1.29% -0.01% 1.22% 0.91% 3.70% With Surrender Charge (10/08/1996) (10/13/1981) -7.17% -7.38% -7.88% -8.29% -2.40% 0.24% 0.91% 1.71% -8.29% -2.40% 0.24% 0.91% 3.70% RVST RiverSource VP - Cash Management Fund's seven-day simple yield was 0.01% and its seven-day compound yield was 0.01% as of month end 08/31/10. The yield more closely reflects the current earnings than the total return quotation. LONG-/INTERMEDIATE-TERM FIXED INCOME RVST RiverSource VP - Diversified Bond Fund Effective 5/1/08, previously RiverSource Variable Portfolio - Diversified Bond Fund. Effective 3/7/08, RiverSource Variable Portfolio - Core Bond Fund merged into RiverSource Variable Portfolio - Diversified Bond Fund. Without Surrender Charge (10/08/1996) (10/13/1981) 0.93% 3.59% 7.17% 9.03% 4.65% 3.49% 3.84% 3.60% 9.03% 4.65% 3.49% 3.84% 7.22% With Surrender Charge (10/08/1996) (10/13/1981) -6.07% -3.41% 0.17% 2.03% 2.47% 2.60% 3.84% 3.60% 2.03% 2.47% 2.60% 3.84% 7.22% INTERNATIONAL FIXED INCOME RVST RiverSource Variable Portfolio - Global Bond Fund Effective 5/1/08, previously RiverSource Variable Portfolio - Global Bond Fund. Without Surrender Charge (10/08/1996) (05/01/1996) 0.69% 6.03% 3.49% 4.79% 5.18% 3.85% 5.40% 4.09% 4.79% 5.18% 3.85% 5.40% 4.26% With Surrender Charge (10/08/1996) (05/01/1996) -6.31% -0.97% -3.51% -2.21% 3.02% 2.97% 5.40% 4.09% -2.21% 3.02% 2.97% 5.40% 4.26% HIGH-YIELD FIXED INCOME RVST RiverSource VP - High Yield Bond Fund Effective 5/1/08, previously RiverSource Variable Portfolio - High Yield Bond Fund. Without Surrender Charge (10/08/1996) (05/01/1996) -0.32% 4.08% 5.62% 15.65% 5.97% 5.47% 4.90% 4.13% 15.65% 5.97% 5.47% 4.90% 4.21% With Surrender Charge (10/08/1996) (05/01/1996) -7.32% -2.92% -1.38% 8.65% 3.85% 4.65% 4.90% 4.13% 8.65% 3.85% 4.65% 4.90% 4.21% BALANCED RVST RiverSource VP - Balanced Fund Effective 5/1/08, previously RiverSource Variable Portfolio - Balanced Fund. Without Surrender Charge (10/08/1996) (04/30/1986) -3.23% -1.21% -3.07% 3.34% -6.77% -1.19% -1.66% 2.62% 3.34% -6.77% -1.19% -1.66% 5.79% With Surrender Charge (10/08/1996) (04/30/1986) - -8.21% - -3.66% -9.54% -2.26% -1.66% 2.62% -3.66% -9.54% -2.26% -1.66% 5.79% LARGE CAP STOCK Invesco V.I. Core Equity Fund, Series I Shares 1 Effective 05/03/10, previously AIM V.I. Core Equity Fund, Series I Shares Without Surrender Charge (10/08/1996) (05/02/1994) -4.29% -4.22% -7.61% 1.06% -6.54% 0.36% -3.93% 3.31% 1.06% -6.54% 0.36% -3.93% 5.38% With Surrender Charge (10/08/1996) (05/02/1994) - - - -5.94% -9.29% -0.65% -3.93% 3.31% -5.94% -9.29% -0.65% -3.93% 5.38% Putnam VT New Opportunities Fund - Class IA Shares Without Surrender Charge (10/08/1996) (05/02/1994) -4.56% -4.20% -6.20% 4.71% -8.90% -2.58% -8.84% 0.37% 4.71% -8.90% -2.58% -8.84% 3.96% With Surrender Charge (10/08/1996) (05/02/1994) - - - -2.29% - -3.72% -8.84% 0.37% -2.29% - -3.72% -8.84% 3.96% RVST RiverSource Variable Portfolio - Dynamic Equity Fund Effective 5/1/08, previously RiverSource Variable Portfolio - Large Cap Equity Fund. Without Surrender Charge (10/08/1996) (10/13/1981) -4.24% -3.62% -4.96% 3.83% - -4.71% -6.07% 0.15% 3.83% - -4.71% -6.07% 6.67% With Surrender Charge (10/08/1996) (10/13/1981) - - - -3.17% - -5.95% -6.07% 0.15% -3.17% - -5.95% -6.07% 6.67% RVST RiverSource VP - Diversified Equity Income Fund Effective 5/1/08, previously RiverSource Variable Portfolio - Diversified Equity Income Fund. Without Surrender Charge (02/13/2009) (09/15/1999) -4.98% -3.37% -6.10% 2.60% - - - 19.13% 2.60% - -1.74% 2.46% 2.51% With Surrender Charge (02/13/2009) (09/15/1999) - - - -4.40% - - - 14.97% -4.40% - -2.84% 2.46% 2.51% MID CAP STOCK Credit Suisse Trust - U.S. Equity Flex I Portfolio Without Surrender Charge (10/08/1996) (06/30/1995) -6.02% -5.84% -8.05% 0.37% - -6.74% -7.06% -0.77% 0.37% - -6.74% -7.06% 1.63% With Surrender Charge (10/08/1996) (06/30/1995) - - - -6.63% - -8.10% -7.06% -0.77% -6.63% - -8.10% -7.06% 1.63% RVST RiverSource VP - Mid Cap Growth Fund Effective 5/1/08, previously RiverSource Variable Portfolio - Mid Cap Growth Fund. Without Surrender Charge (03/17/2006) (05/01/2001) -5.93% -7.46% -4.21% 3.29% -4.93% - - -2.32% 3.29% -4.93% -0.76% - 1.04% With Surrender Charge (03/17/2006) (05/01/2001) - - - -3.71% -7.59% - - -3.57% -3.71% -7.59% -1.82% - 1.04% INTERNATIONAL STOCK RVST Threadneedle VP - Emerging Markets Fund Effective 5/1/08, previously RiverSource Variable Portfolio - Emerging Markets Fund. Without Surrender Charge (02/13/2009) (05/01/2000) -3.69% 5.90% -0.64% 18.41% - - - 44.79% 18.41% -2.61% 10.49% 8.35% 7.37% With Surrender Charge (02/13/2009) (05/01/2000) - -1.10% -7.64% 11.41% - - - 41.06% 11.41% -5.14% 9.81% 8.35% 7.37% Footnotes are placed at the end of the Performance Summary. Page 2 of 10

Issued By RiverSource Life Insurance Co. of New York, Albany, NY (RiverSource Life of NY) RiverSource Life Insurance Company of New York offers several different annuities which your investment professional may be authorized to offer you. Each annuity has different features and benefits that may be appropriate for you based on your financial situation and needs, your risk tolerance, your age and how you intend to use the annuity. The different features and benefits may include the investment options, fund managers, interest rate amounts, guarantees, bonus crediting, surrender charge schedules, optional riders and access to annuity account values. The fees and charges may also be different among the annuity contracts we offer. Keep in mind that all guarantees are based on the continued claims paying ability of the issuing company and on variable annuities do not apply to the performance of the variable subaccounts, which will vary with market conditions. Small-cap: Stocks of small-capitalization companies involve substantial risk. Historically, these stocks have experienced greater price volatility than stocks of larger companies, and they can be expected to do so in the future. Mid-cap: Stocks of mid-capitalization companies involve substantial risk. Historically, these stocks have experienced greater price volatility than stocks of larger companies, and they can be expected to do so in the future. International/Global: International investing involves increased risk and volatility, not typically associated with domestic investing, due to changes in currency exchange rates, foreign government regulations, differences in auditing and accounting standards, potential political and economic instability, limited liquidity, and volatile prices. The risks of international investing are particularly significant in emerging markets. Bond funds: There are risks associated with an investment in a bond fund, including the impact of interest rates, credit, and inflation. These and other risk considerations are discussed in the fund's prospectus. In general, bond prices rise when interest rates fall and vice versa. This effect is usually more pronounced for longer-term securities. High-yield bond funds: High-yield funds invest in lower-rated bonds, which generally have more volatile prices and carry more risk to principal and income than investment grade securities. ** If subaccount or fund is less than one year old, the reported returns are cumulative, not annualized. 1 There are special risk considerations associated with international investing related to market, currency, economic, political and other factors. This material applies to policy forms 39191C, 39192C, 39193C and 39194C including all applicable contract endorsements. Page 4 of 10

RiverSource Life Insurance Co. of New York 20 Madison Avenue Ext. PO Box 5144 Albany, NY 12205 RiverSource Distributors, Inc. (Distributor), Member FINRA. Insurance and annuity products are issued by RiverSource Life Insurance Co. of New York, Albany, New York. Both companies are affiliated with Ameriprise Financial Services, Inc. Only RiverSource Life Insurance Co. of New York is authorized to sell insurance and annuities in New York. 2007-2009 RiverSource Life Insurance Company. All rights reserved. Page 5 of 10

Issued By RiverSource Life Insurance Co. of New York, Albany, NY (RiverSource Life of NY) Performance for Annuites for Quarter end 06/30/10. The performance information shown represents past performance and is not a guarantee of future results. The investment return and principal value of your investment will fluctuate so that your shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance information shown. You may obtain performance information current to the most recent month-end by calling 1 (800) 541-2251, Option 3. No new contracts are currently being sold. We show actual performance from the date the subaccounts began investing in the funds. We also show performance from the commencement date of the funds as if the annuity existed at that time, which it did not. inception date is the date on which a price level (based on various benefits and fees) is first offered in any product. If that same price level is later added to another product, we continue to use the original inception date. In one product, there can be multiple price levels invested in the same underlying fund. A fund underlying your contract in which a subaccount invests may have a name, portfolio manager, objectives, strategies and characteristics that are the same or substantially similar to those of a publicly-traded retail mutual fund. Despite these similarities, an underlying fund is not the same as any publicly traded retail mutual fund. Each underlying fund will have its own unique portfolio holdings, fees, operating expenses and operating results. The results of each underlying fund may differ significantly from any publicly-traded retail mutual fund. This information is authorized for use when preceded or accompanied by a current annuity prospectus. You should consider the investment objectives, risks, charges and expenses of the variable annuity and its underlying investment options carefully before investing. For a free copy of the underlying investment's prospectus, which contains this and other information about variable annuities, call 1 (800) 333-3437. Read the prospectus carefully before you invest. Variable annuities are insurance products that are complex, long-term investment vehicles that are subject to market risk, including the potential loss of principal invested. The performance numbers includes the deduction of the following current charges: a $30 contract administrative charge and a 1.25% mortality and expense risk fee. The returns with surrender charge includes the deduction of a 7% surrender charge on purchase payments applied in the first three contract years, then reduces by 1% per year from 6% in the fourth year to 2% in the eighth year and 0% thereafter. An investment in the Cash Management Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the Fund. The 7-day yields shown reflect more closely the earnings of the fund than the total return numbers. Short-term yields may be higher or lower than the figures shown. Contact your advisor or call 1 (800) 541-2251, Option 3 for the most current yield. The contract form number for this product is 31036-NY. VARIABLE ANNUITIES: ARE NOT A DEPOSIT OF ANY BANK OR ANY BANK AFFILIATE ARE NOT FDIC INSURED ARE NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY ARE NOT BANK GUARANTEED MAY LOSE VALUE Page 6 of 10

Performance Update 06/30/10 Fund 1-month 06/30/10 3-month 06/30/10 Average Annual Total Returns Commencement of the YTD 06/30/10 1-yr. 3-yr. 5-yr. 10-yr. Average Annual Total Returns of the Sub-account Commencement of the Fund ** 1-yr. 3-yr. 5-yr. 10-yr. ** CASH EQUIVALENTS* (CONT.) RVST RiverSource VP - Cash Management Fund Effective 5/1/08, previously RiverSource Variable Portfolio - Cash Management Fund. Without Surrender Charge (10/08/1996) (10/13/1981) -0.17% -0.37% -0.67% -1.29% 0.27% 1.31% 1.01% 1.74% -1.29% 0.27% 1.31% 1.01% 3.73% With Surrender Charge (10/08/1996) (10/13/1981) -7.17% -7.37% -7.67% -8.29% -2.11% 0.34% 1.01% 1.74% -8.29% -2.11% 0.34% 1.01% 3.73% RVST RiverSource VP - Cash Management Fund's seven-day simple yield was 0.01% and its seven-day compound yield was 0.01% as of month end 06/30/10. The yield more closely reflects the current earnings than the total return quotation. LONG-/INTERMEDIATE-TERM FIXED INCOME (CONT.) RVST RiverSource VP - Diversified Bond Fund Effective 5/1/08, previously RiverSource Variable Portfolio - Diversified Bond Fund. Effective 3/7/08, RiverSource Variable Portfolio - Core Bond Fund merged into RiverSource Variable Portfolio - Diversified Bond Fund. Without Surrender Charge (10/08/1996) (10/13/1981) 1.16% 2.54% 4.66% 10.58% 4.21% 3.05% 3.78% 3.46% 10.58% 4.21% 3.05% 3.78% 7.18% With Surrender Charge (10/08/1996) (10/13/1981) -5.84% -4.46% -2.34% 3.58% 2.02% 2.15% 3.78% 3.46% 3.58% 2.02% 2.15% 3.78% 7.18% INTERNATIONAL FIXED INCOME (CONT.) RVST RiverSource Variable Portfolio - Global Bond Fund Effective 5/1/08, previously RiverSource Variable Portfolio - Global Bond Fund. Without Surrender Charge (10/08/1996) (05/01/1996) 1.26% -0.98% -1.17% 4.37% 4.29% 3.11% 4.73% 3.79% 4.37% 4.29% 3.11% 4.73% 3.97% With Surrender Charge (10/08/1996) (05/01/1996) -5.74% -7.98% -8.17% -2.63% 2.10% 2.21% 4.73% 3.79% -2.63% 2.10% 2.21% 4.73% 3.97% HIGH-YIELD FIXED INCOME (CONT.) RVST RiverSource VP - High Yield Bond Fund Effective 5/1/08, previously RiverSource Variable Portfolio - High Yield Bond Fund. Without Surrender Charge (10/08/1996) (05/01/1996) 0.92% -0.96% 2.41% 19.91% 4.02% 5.20% 4.58% 3.95% 19.91% 4.02% 5.20% 4.58% 4.04% With Surrender Charge (10/08/1996) (05/01/1996) -6.08% -7.96% -4.59% 12.91% 1.81% 4.38% 4.58% 3.95% 12.91% 1.81% 4.38% 4.58% 4.04% BALANCED (CONT.) RVST RiverSource VP - Balanced Fund Effective 5/1/08, previously RiverSource Variable Portfolio - Balanced Fund. Without Surrender Charge (10/08/1996) (04/30/1986) -3.72% -8.91% -5.53% 11.01% -8.10% -1.52% -1.55% 2.46% 11.01% -8.10% -1.52% -1.55% 5.72% With Surrender Charge (10/08/1996) (04/30/1986) - - - 4.01% - -2.60% -1.55% 2.46% 4.01% - -2.60% -1.55% 5.72% LARGE CAP STOCK (CONT.) Invesco V.I. Core Equity Fund, Series I Shares 1 Effective 05/03/10, previously AIM V.I. Core Equity Fund, Series I Shares Without Surrender Charge (10/08/1996) (05/02/1994) -4.43% - -7.82% 10.81% -7.46% 0.90% -3.21% 3.33% 10.81% -7.46% 0.90% -3.21% 5.42% With Surrender Charge (10/08/1996) (05/02/1994) - - - 3.81% - -0.08% -3.21% 3.33% 3.81% - -0.08% -3.21% 5.42% Putnam VT New Opportunities Fund - Class IA Shares Without Surrender Charge (10/08/1996) (05/02/1994) -6.06% - -8.02% 10.08% - -2.19% -8.42% 0.23% 10.08% - -2.19% -8.42% 3.88% With Surrender Charge (10/08/1996) (05/02/1994) - - - 3.08% - -3.31% -8.42% 0.23% 3.08% - -3.31% -8.42% 3.88% RVST RiverSource Variable Portfolio - Dynamic Equity Fund Effective 5/1/08, previously RiverSource Variable Portfolio - Large Cap Equity Fund. Without Surrender Charge (10/08/1996) (10/13/1981) -5.74% - -7.05% 14.38% - -4.91% -5.79% -0.01% 14.38% - -4.91% -5.79% 6.63% With Surrender Charge (10/08/1996) (10/13/1981) - - - 7.38% - -6.16% -5.79% -0.01% 7.38% - -6.16% -5.79% 6.63% RVST RiverSource VP - Diversified Equity Income Fund Effective 5/1/08, previously RiverSource Variable Portfolio - Diversified Equity Income Fund. Without Surrender Charge (02/13/2009) (09/15/1999) -5.71% - -8.37% 14.19% - - - 19.59% 14.19% - -1.11% 2.76% 2.32% With Surrender Charge (02/13/2009) (09/15/1999) - - - 7.19% - - - 14.79% 7.19% - -2.18% 2.76% 2.32% MID CAP STOCK Credit Suisse Trust - U.S. Equity Flex I Portfolio Without Surrender Charge (10/08/1996) (06/30/1995) -6.29% - -8.49% 10.22% - -6.47% -6.95% -0.81% 10.22% - -6.47% -6.95% 1.62% With Surrender Charge (10/08/1996) (06/30/1995) - - - 3.22% - -7.82% -6.95% -0.81% 3.22% - -7.82% -6.95% 1.62% RVST RiverSource VP - Mid Cap Growth Fund Effective 5/1/08, previously RiverSource Variable Portfolio - Mid Cap Growth Fund. Without Surrender Charge (03/17/2006) (05/01/2001) -7.93% - -4.70% 17.47% -5.38% - - -2.53% 17.47% -5.38% 0.34% - 1.00% With Surrender Charge (03/17/2006) (05/01/2001) - - - 10.47% -8.06% - - -3.83% 10.47% -8.06% -0.67% - 1.00% INTERNATIONAL STOCK RVST Threadneedle VP - Emerging Markets Fund Effective 5/1/08, previously RiverSource Variable Portfolio - Emerging Markets Fund. Without Surrender Charge (02/13/2009) (05/01/2000) -1.20% -9.89% -7.31% 22.57% - - - 44.11% 22.57% -4.60% 10.68% 7.11% 6.77% With Surrender Charge (02/13/2009) (05/01/2000) -8.20% - - 15.57% - - - 39.64% 15.57% -7.24% 10.00% 7.11% 6.77% Footnotes are placed at the end of the Performance Summary. Page 7 of 10