Sincerely, Merri Wees, VP of Corporate Services Planet Group, Inc.

Congratulations. You re now eligible to participate in the Planet Group, Inc. 41(k) Plan a company-sponsored retirement savings plan designed to help you prepare for retirement. This plan provides many unique advantages not available through other types of savings plans. It s easy. Your contributions are automatically deducted from your paycheck, so you don t have to write a check or make a deposit It s flexible. You decide how much to contribute and where to invest your money It reduces your current income tax. The money you contribute to the plan is not subject to Federal income tax or most state income taxes until you use it. This means your current tax liability may be reduced It helps you build financial security. Saving for retirement is always a good idea; starting early is an even better idea This enrollment booklet explains the plan and helps you determine how much to save, where to invest your money, and how to get started. We hope you ll begin the journey to financial security and choose to participate in the plan. Sign up today to start saving for a comfortable retirement tomorrow. Sincerely, Merri Wees, VP of Corporate Services Planet Group, Inc.

PLANET GROUP, INC. ELIGIBILITY REQUIREMENTS: You must be at least 21 years of age to participate in the plan. You must also have completed 6 months of service with your employer and be at least 21 years of age to receive any employer matching contributions. ENROLLMENTS: Monthly after eligibility requirements are met. YOUR CONTRIBUTIONS: You have the choice to make your contributions on a pre-tax or a Roth (after-tax) basis. You may contribute from 1% to 1% of compensation up to the maximum permitted by the Internal Revenue Code. For 29 and 21, the deferral limit is $16,5. Additional limitations may be imposed due to the results from compliance testing. If this occurs, your plan administrator will notify you. You may change the amount you contribute quarterly. EMPLOYER CONTRIBUTIONS: For each dollar you contribute to your plan, your employer may make a discretionary match contribution. Your employer may also make a discretionary profit sharing contribution. To share in the allocation of this contribution, you be required to work 1 hours during the plan year, and be employed on the last day of the plan year. INVESTMENT OPTIONS: You may direct your savings into various investment options. See the list of your available investment options in your enrollment booklet. VESTING: Vesting describes the percentage of your total account balance available to you, subject to legal and plan requirements. Your contributions and earnings are always 1% vested. Your Employer s contributions and earnings will be subject to the following vesting schedule: Years of Service Vested % 1 % 2 % 3 and over 1% INVESTMENT CHANGES: You may change your investment choices for future contributions or transfer money between funds through the Internet secure Web site or by calling the interactive voice response system. Changes made by 3 p.m. Central Time each day will generally occur on the same business day. Changes after 3 p.m. Central Time will generally occur the next business day. LOANS: You may borrow up to 5% of your vested account balance, but you may never borrow more than $5, during any 12-month period. DISTRIBUTIONS: Distributions from the plan may only occur in the event of: Retirement Death Disability Termination of Employment Age 59½ Hardships This is not the Plan Document or the Summary Plan Description (SPD), but is intended to provide only general information about your plan. If there are any differences between these plan highlights and the plan document or SPD, the plan document will govern. Contact your plan administrator if you have any questions concerning your plan. 11/23/29 15

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Congratulations. Your employer provides you with another opportunity to save for your retirement. Your plan offers you greater plan flexibility by allowing both traditional pre-tax elective deferral contributions and Roth 41(k) contributions. As an eligible participant, you decide which to contribute. WHAT ARE ROTH 41(k) CONTRIBUTIONS? Roth 41(k) contributions differ from pre-tax elective deferral contributions because they are made on an after-tax basis. This means that taxes are payable on the contributions in the year contributed. The benefit with Roth 41(k) contributions is taxfree withdrawals; you pay no taxes on the earnings (if the following conditions are met): 1. Contributions remain in the plan for at least 5 years from the first time a Roth 41(k) contribution is made. 2. Withdrawals do not begin until age 59½ (the age 59½ requirement is waived for distributions due to death or disability). WHAT ARE THE CONTRIBUTION LIMITS? For 21, the employee contribution limit is $16,5 (includes both pre-tax elective deferral contributions and Roth 41(k) contributions). Participants over age 5 are eligible to make catch-up contributions in 21 of $5,5. Total contributions (Roth 41(k) and pre-tax elective deferrals) cannot exceed the limit of $16,5 (plus $5,5, if catch-up eligible). Unlike the Roth IRA, there are no income restrictions Roth 41(k) contributions are subject to required minimum distribution (RMD) rules for participants over age 7½ Roth 41(k) contributions are eligible for rollover to another qualified plan that maintains Roth 41(k) contributions Roth 41(k) contributions are eligible for matching contributions according to your plan s matching formula You can contribute to both a Roth 41(k) and a Roth IRA You cannot convert an existing 41(k) or Roth IRA account into a Roth 41(k) account WHICH IS MORE ADVANTAGEOUS, MAKING PRE-TAX CONTRIBUTIONS OR ROTH 41(k) CONTRIBUTIONS? There is no clear answer. It depends in large part on future tax rates, which can change at any time. It also depends on your personal tax situation. While there is no right answer, you should consider the following points when making your decision. Continued If your plan allows, you may make both pre-tax elective deferral contributions and Roth 41(k) contributions in the same year. Once a contribution has been made to the plan, the type of contribution (pre-tax or Roth) cannot be changed. However, you can change the type of contribution for future deferrals. Please see your Plan Highlights for more information on plan limits and the frequency of changes. WHAT ARE SOME OF THE CHARACTERISTICS OF ROTH 41(k) CONTRIBUTIONS? Roth 41(k) contributions are similar to Roth IRA contributions in that they are contributed after tax MUGC8431 17

YOU MAY WANT TO CONSIDER PRE-TAX CONTRIBUTIONS IF: Minimizing the taxes you pay today is very important to you You think your tax rates will be lower when you retire than they are today The current tax savings you get by making pretax contributions is substantial Increasing your income would reduce tax credits you may be eligible for now You believe the certainty of an immediate tax reduction outweighs a potentially larger, but uncertain, tax reduction in the future (the bird in the hand theory) You have the self-discipline to take the tax savings and invest them for retirement YOU MAY WANT TO CONSIDER ROTH CONTRIBUTIONS IF: You want your retirement savings to be tax free when withdrawn (subject to IRS conditions) You think your tax rates will be higher when you retire than they are today Your personal tax situation limits the benefits of pre-tax contributions today (your income is low or you have high tax deductions or credits) You plan to leave the money in the plan until you retire You are younger and have a long time to accumulate earnings on your contributions (compounding earnings will have a greater impact on the amount distributed tax free) You are not eligible for a Roth IRA due to income limitations The most important point is not whether you contribute on a Roth or pre-tax basis, but whether you contribute as much as you can, as early as you can. 18

The investment options available in your retirement plan are carefully screened by professional investment managers and cover a wide range of asset classes and styles. For more information, review the investment profiles. Professional Portfolios Mutual Directions 1 Manager: Multiple managers Category: Conservative portfolio Seeks to provide stability of income, with some exposure to stocks for capital appreciation, while attempting to minimize overall risk over the longterm. Mutual Directions 2 Manager: Multiple managers Category: Moderately conservative portfolio Seeks to provide income, in combination with the potential for some growth of capital over the longterm. Mutual Directions 3 Manager: Multiple managers Category: Moderate portfolio Seeks to provide capital appreciation and income over the long-term, by investing in five stock funds and a bond fund. Mutual Directions 4 Manager: Multiple managers Category: Moderately aggressive portfolio Seeks to provide long-term capital appreciation with some opportunity for income. Mutual Glidepath 25 Manager: Multiple managers Category: Time-based portfolio Seeks to achieve long-term capital growth by investing in a diversified mix of asset classes and investment styles which becomes increasingly conservative over time. Designed for investors who intend to retire within 5 years of 25. Mutual Glidepath 21 Manager: Multiple managers Category: Time-based portfolio Seeks to achieve long-term capital growth by investing in a diversified mix of asset classes and investment styles which becomes increasingly conservative over time. Designed for investors who intend to retire within 5 years of 21. Mutual Glidepath 215 Manager: Multiple managers Category: Time-based portfolio Seeks to achieve long-term capital growth by investing in a diversified mix of asset classes and investment styles which becomes increasingly conservative over time. Designed for investors who intend to retire within 5 years of 215. Mutual Glidepath 22 Manager: Multiple managers Category: Time-based portfolio Seeks to achieve long-term capital growth by investing in a diversified mix of asset classes and investment styles which becomes increasingly conservative over time. Designed for investors who intend to retire within 5 years of 22. Mutual Directions 5 Manager: Multiple managers Category: Aggressive portfolio Seeks to provide maximum capital appreciation over the long-term. RPD31 19

Mutual Glidepath 225 Manager: Multiple managers Category: Time-based portfolio Seeks to achieve long-term capital growth by investing in a diversified mix of asset classes and investment styles which becomes increasingly conservative over time. Designed for investors who intend to retire within 5 years of 225. Mutual Glidepath 25 Manager: Multiple Managers Category: Time-based portfolio Seeks to achieve long-term capital growth by investing in a diversified mix of asset classes and investment styles which becomes increasingly conservative over time. Designed for investors who intend to retire within 5 years of 25. Mutual Glidepath 23 Manager: Multiple managers Category: Time-based portfolio Seeks to achieve long-term capital growth by investing in a diversified mix of asset classes and investment styles which becomes increasingly conservative over time. Designed for investors who intend to retire within 5 years of 23. Mutual Glidepath 255 Manager: Multiple Managers Category: Time-based portfolio Seeks to achieve long-term capital growth by investing in a diversified mix of asset classes and investment styles which becomes increasingly conservative over time. Designed for investors who intend to retire within 5 years of 255. Mutual Glidepath 235 Manager: Multiple managers Category: Time-based portfolio Seeks to achieve long-term capital growth by investing in a diversified mix of asset classes and investment styles which becomes increasingly conservative over time. Designed for investors who intend to retire within 5 years of 235. Stable Value/Bonds Bond Index Fund Manager: State Street Global Advisors Category: Intermediate Term Bond Seeks to provide current income, by tracking the Lehman Brothers Government/Credit Index. Risk is expected to be low to moderate. Mutual Glidepath 24 Manager: Multiple managers Category: Time-based portfolio Seeks to achieve long-term capital growth by investing in a diversified mix of asset classes and investment styles which becomes increasingly conservative over time. Designed for investors who intend to retire within 5 years of 24. Mutual Glidepath 245 Manager: Multiple managers Category: Time-based portfolio Seeks to achieve long-term capital growth by investing in a diversified mix of asset classes and investment styles which becomes increasingly conservative over time. Designed for investors who intend to retire within 5 years of 245. Goldman Sachs High Yield Fund Manager: Goldman Sachs Asset Management, LP Category: Intermediate Term Bond Seeks a high level of current income and may also consider the potential for capital appreciation. Guaranteed Account Manager: United of Omaha Life Insurance Company Category: Short-Term Fixed Income Provides safety of principal and guaranteed daily compound rates of interest. Risk is considered low. Metropolitan West Total Return Bond Fund Manager: Metropolitan West Asset Management Category: Intermediate Term Bond Seeks to maximize long-term total return. RPD31 2

International Stock Funds Artio International Equity Fund II Manager: Julius Baer Management LLC Category: Large-Cap Core/Growth Seeks long-term growth of capital. Growth Stock Index Fund Manager: State Street Global Advisors Category: Large-Cap Growth Tracks the performance of the Russell 1 Growth Index, which measures investment return of large-capitalization growth stocks. International Emerging Markets Fund Manager: State Street Global Advisors Category: Diversified Emerging Markets Seeks to provide maximum total return, generally through capital appreciation, by investing in companies that do business primarily in developing countries. Mid Cap Stock Index Fund Manager: State Street Global Advisors Category: Mid Cap Core Seeks to match as closely as possible, before expenses, the performance of the S&P MidCap 4 Index over the long term. International Stock Index Fund Manager: State Street Global Advisors Category: Large-Cap Core International Tracks the performance of the MSCI EAFE Index, which measures investment return of stocks from developed markets outside North America. Domestic Stock Funds AllianceBernstein Small/Mid Cap Value Fund Manager: AllianceBernstein L.P. Category: Small/Mid Cap Value An open-end fund that seeks long-term growth of capital. Allianz NFJ Dividend Value Fund Manager: NFJ Group, LP Category: Large-Cap Value Seeks long-term growth of capital and income. Royce Total Return Fund Manager: Royce & Associates, LLC Category: Small-/Mid-Cap Value Strives for long-term growth of capital and current income. Small Cap Stock Index Fund Manager: State Street Global Advisors Category: Small-Cap Core The fund seeks to replicate the returns and characteristics of the Russell 2 Index. Stock Market Index Fund Manager: State Street Global Advisors Category: Large-Cap Core Seeks to provide long-term growth of principal and income by matching the return of the S&P 5 Stock Index. Dreyfus/The Boston Company Small/Mid Cap Growth Portfolio Manager: The Boston Company Asset Management, LLC Category: Small-/Mid-Cap Growth Seeks to achieve long-term growth of capital by investing primarily in equity securities of small cap U.S. companies. T. Rowe Price Growth Stock Fund Manager: T. Rowe Price Associates Category: Large-Cap Growth Seeks long-term growth of capital and, secondarily, increasing dividend income by investing primarily in common stocks of well-established growth companies. Target Small Capitalization Value Portfolio Fund Manager: Prudential s LLC Category: Small-Cap Value Seeks above-average capital appreciation. RPD31 21

Value Stock Index Fund Manager: State Street Global Advisors Category: Large-Cap Value Tracks the performance of the Russell 1 Value Index, which measures investment return of largecapitalization value stocks. William Blair Small-Mid Cap Growth I Fund Manager: William Blair & Company, L.L.C. Category: Small-/Mid-Cap Growth Seeks long-term capital appreciation. Specialty Funds Cohen & Steers Institutional Realty Shares Fund Manager: Cohen & Steers Capital Management, Inc. Category: Real Estate Seeks total return through investment in real estate securities. Lord Abbett Fundamental Equity Fund Manager: Lord, Abbett & Co. LLC Category: All-Cap Stock Seeks long-term growth of capital and income without excessive fluctuations in market value. Oppenheimer Global Fund Manager: OppenheimerFunds, Inc. Category: World Stock Seeks capital appreciation. RPD31 22

Options Professional Portfolios October 31, 29 Non-Annualized Average Annual Total Return as of 1/31/29 as of 1/31/29 Monthly YTD 1 Year 3 Year 5 Year 1 Year Since Incpt* Risk Based Portfolios 1 Mutual Directions 1--Conservative -.3% 5.13% 7.19% 2.14% 3.26% 3.97% 4.32% Mutual Directions 2--Moderately Conservative -1.19% 8.38% 9.79% -.54% 2.83% 3.47% 4.24% Mutual Directions 3--Moderate -2.28% 14.19% 15.43% -1.47% 2.95% 3.3% 4.25% Mutual Directions 4--Moderately Aggressive -2.69% 18.99% 16.67% -3.32% 3.17% 3.5% 4.12% Mutual Directions 5--Aggressive -3.52% 22.21% 15.56% -5.57% 2.58% 1.96% 3.44% Time Based Portfolios 2 Mutual GlidePath SM 25-1.21% 12.57% 9.16% N/A N/A N/A -6.47% Mutual GlidePath SM 21-1.33% 14.6% 1.63% N/A N/A N/A -7.49% Mutual GlidePath SM 215-1.45% 15.96% 11.71% N/A N/A N/A -8.82% Mutual GlidePath SM 22-1.64% 17.39% 12.64% N/A N/A N/A -1.13% Mutual GlidePath SM 225-2.2% 18.77% 13.57% N/A N/A N/A -11.34% Mutual GlidePath SM 23-2.12% 2.2% 14.9% N/A N/A N/A -11.84% Mutual GlidePath SM 235-2.17% 2.71% 15.49% N/A N/A N/A -11.99% Mutual GlidePath SM 24-2.2% 2.74% 15.24% N/A N/A N/A -12.6% Mutual GlidePath SM 245-2.28% 2.83% 15.73% N/A N/A N/A -12.1% Mutual GlidePath SM 25-2.3% N/A N/A N/A N/A N/A -2.3% Mutual GlidePath SM 255-2.3% N/A N/A N/A N/A N/A -2.3% Fixed Income / Bond Funds Bond Index Fund - State Street Global Advisors (SSgA) 3.2% 4.42% 13.96% 5.38% 3.98% 5.43% 5.31% Goldman Sachs High Yield Fund 4 1.66% 44.61% 4.71% 2.6% 4.55% 5.91% 5.47% Guaranteed Account-United of Omaha 5.28% 2.84% 3.42% 3.39% 3.57% 4.5% 4.94% Domestic Stock Funds AllianceBernstein Small/Mid Cap Value Fund 6-4.26% 27.91% 23.49% -3.9% 2.67% N/A 7.78% Allianz NFJ Dividend Value Fund 7 -.5% 4.21% -1.17% -1.46%.25% N/A 4.85% BlackRock Capital Appreciation Portfolio 8-2.63% 24.42% 17.8% -1.95% 2.3% -.51% 2.79% Dreyfus/The Boston Co. Small/Mid Cap Growth Portfolio 9-4.73% 15.6% 8.48% -3.% 3.79% 3.59% 1.58% Growth Stock Index Fund - SSgA 1-1.36% 24.55% 16.62% -4.76%.51% -4.12% 5.7% Mid Cap Stock Index 11-4.62% 23.5% 16.93% -4.97% 2.46% 5.71% 6.42% Royce Total Return Fund 12-3.67% 15.97% 9.73% -5.98% 1.5% 7.44% 9.46% Small Cap Stock Index Fund - SSgA 13-6.89% 13.73% 6.24% -8.9% -.1% 3.37% 4.34% Stock Market Index Fund - SSgA 14-1.97% 16.61% 9.29% -7.54% -.25% -1.55% 1.39% T Rowe Price Growth Stock Fund 15 -.98% 29.48% 21.3% -5.43% 1.29%.73% 9.61% Target Small Capitalization Value Portfolio 16-3.94% 15.1% 11.19% -5.18% 3.8% 9.93% 9.99% Value Stock Index Fund - SSgA 17-3.1% 1.78% 4.28% -1.34% -.71% 1.% 7.32% Continued on next page. AFN28899_77 23

Options Domestic Stock Funds (Continued) Non-Annualized as of 1/31/29 Average Annual Total Return as of 1/31/29 Monthly YTD 1 Year 3 Year 5 Year 1 Year Since Incpt William Blair Small-Mid Cap Growth I Fund 18-4.1% 3.41% 25.8% -3.1% 2.94% 5.33% 4.41% International Stock Funds Artio International Equity Fund II 19-3.13% 17.48% 17.78% -4.63% 6.4% N/A 5.33% International Emerging Markets Fund - SSgA 2-1.35% 55.65% 51.52% 2.15% 14.42% 1.33% 7.29% International Stock Index Fund - SSgA 21-2.4% 25.59% 26.12% -6.8% 4.17% 1.13% 3.85% Specialty Funds Cohen & Steers Institutional Realty Shares 22-5.33% 14.77% 4.95% -14.63%.66% N/A 9.82% Lord Abbett Fundamental EquityFund 23-3.76% 15.2% 13.23% -3.66% 2.67% 4.16% 8.38% Oppenheimer Global Fund 24-1.75% 3.32% 27.76% -5.16% 3.89% 5.25% 7.15% Market Indices Barclays Capital Aggregate Bond Index.49% 6.24% 13.79% 6.35% 5.5% 6.31% Barclays Capital US Corp High Yield, 2% Capped Index 1.81% 51.46% 47.91% 5.65% 6.6% 6.61% Standard & Poor's 5 Index -1.86% 17.3% 9.78% -7.3%.33% -.95% Russell 1 Value Index -3.6% 11.33% 4.78% -9.79% -.5% 1.7% Russell 1 Growth Index -1.35% 25.39% 17.51% -4.5% 1.27% -3.39% Russell 2 Index -6.79% 14.13% 6.46% -8.5%.59% 4.11% Russell 25 Index -5.79% 2.5% 13.27% -7.13% 1.61% 5.42% Russell 3 Index -2.57% 18.7% 1.83% -6.99%.71% -.14% NAREIT Equity REIT Index -4.5% 11.75%.7% -15.46% -.57% 9.3% MSCI - EAFE Index -1.25% 27.36% 27.71% -5.22% 5.1% 2.5% MSCI Emerging Markets Index.13% 65.9% 64.63% 6.66% 17.16% 11.49% MSCI - World Index -1.76% 23.34% 19.21% -5.8% 2.81%.31% Mutual Directions and fund performance figures shown are net of investment and administrative fees An administrative fee of.4% is reflected in the returns on this page. Also, current performance may be lower or higher than the performance data quoted above. Contact your plan administrator or access your online account for your plan's returns current to the most recent month-end. All funds may not be available as an investment option in a plan. Plans may also offer other investments that are not listed above. Figures are reported on a total return basis, which is the change in value of an investment over a given period, assuming reinvestment of any dividends and capital gains. s assume a lump sum is invested at the beginning of the time period shown. The results for individual accounts and periods may vary. You cannot invest directly in an index. Index names may contain trademarks and are the exclusive property of their respective owners. There is no guarantee the funds will achieve their objectives, and past performance is no guarantee of future returns. Fund value and investment returns will vary, and principal value, when redeemed, may be worth more or less than the original investment. The funds are not insured by the FDIC or by any other governmental agency; they are not obligations of the FDIC nor are they deposits or obligations of or guaranteed by the investment managers or their organizations. International investing involves special risks, such as political instability and currency fluctuations. * Returns less than one year are not annualized. AFN28899_77 24

1 2 The Mutual Directions portfolios were created on 12/1/97. Returns are net of investment fee that includes.5% portfolio expense charged by United's retirement program product. See the respective individual fund footnotes for more information. The Mutual GlidePath SM Funds invest in the corresponding target date fund of the Callan GlidePath Series, a collective investment trust of AST Capital Trust Company, which has an inception date of 7/1/27. Returns are net of investment fee that includes.35% charged by United's retirement program product. 3 4 5 6 7 8 9 1 11 12 13 14 15 16 17 18 The Bond Index Fund invests in SSgA's Passive Government Credit Bond Index Series Fund, a bank commingled fund for tax exempt retirement plans (inception date 1/1/97). Institutional Class, inception 8/1/97. Returns are net of investment fee that includes.3% charged by United's retirement program product. The Guaranteed Account is an individual investment choice and is not part of the program used by Mutual of Omaha to monitor investment options in the Retirement Savings Program. The illustrated returns are intended for historical comparison only and are not intended to represent actual returns for any individual contract. Actual returns will vary for each contract and will depend on the timing of the deposits and withdrawals. For this illustration, returns are calculated assuming that a $1 deposit is invested at the beginning of each month (starting 12/91), held in the contract for five years and then withdrawn with interest at the end of those five years. The resulting returns are the weighted average of the initial guaranteed rates for the prior 6-month period. Note: Effective April 1, 26 investors who redeem, transfer or exchange any amount out of the Guaranteed Account must wait 6 calendar days before transferring or exchanging any amount back into the Account. Class I shares, inception 3/1/5. The performance presented prior to the Class I inception is that of the Class A shares (inception: 3/29/1). Returns are net of investment fee that includes.25% charged by United's retirement program product. Institutional Class, inception 5/8/. Returns are net of investment fee that includes.25% charged by United's retirement program product. Institutional Class, inception 12/31/97. Returns are net of investment fee that includes.1% charged by United's retirement program product. Institutional Class, inception 8/31/9. Fund invests in SSgA's Russell 1 Growth Index Fund Series, a bank commingled fund for tax exempt retirement plans (inception, 5/31/94). Mid Cap Stock Index Fund invests in SSgA's S&P MidCap Index NL Series Fund, a bank commingled fund for tax exempt retirement plans (inception, 1/1/97) Class, inception 12/15/93. Returns are net of investment fee that includes.2% charged by United's retirement program product. Fund invests in SSgA's Russell 2 Index Fund Series, a bank commingled fund for tax exempt retirement plans (inception, 9/3/96). Fund invests in SSgA's S&P 5 Flagship Series Fund, a bank commingled fund for tax exempt retirement plans (inception, 1/1/78). Inception date 4/11/5. Returns are net of investment fee that includes.2% charged by United's retirement program product. Inception date 1/5/93. Returns are net of investment fee that includes.35% charged by United's retirement program product. Fund invests in SSgA's Russell 1 Value Index Fund Series, a bank commingled fund for tax exempt retirement plans (inception, 5/31/94). Institutional Class, inception 12/29/3. The performance presented prior to the Institutional Class inception is that of the managers separate account composite (inception 7/1/98) adjusted for expenses. Returns are net of investment fee that includes.2% charged by United's retirement program product. 19 2 21 22 23 24 Institutional Class, inception 5/4/5. The performance presented prior to inception is that of the Artio International Equity Fund - Institutional Class, inception 11/17/99. Returns are net of investment fee that includes.35% charged by United's retirement program product. Fund invests in SSgA's Emerging Markets Fund which has an inception date of 3/1/94. Returns are net of investment fee that includes.15% charged by United's reitrement program product. Fund invests in SSgA's Daily EAFE Index Fund Series, a bank commingled fund for tax exempt retirement plans (inception, 11/3/93). Institutional Class, inception 2/14/. Returns are net of investment fee that includes.35% charged by United's retirement program product. Institutional Class, inception 3/31/3. The performance presented prior to Institutional Class inception is that of A Class shares (inception: 7/15/96). Returns are net of investment fee that includes.35% charged by United's retirement program product. Institutional Class, inception 11/17/98. Returns are net of investment fee that includes.2% charged by United's retirement program product. Definitions of benchmarks used for comparison (An investment cannot be made directly in an index) Barclays Capital Aggregate Bond Index -- a benchmark index made up of the Barclays Capital Government/Credit Bond Index, Mortgage-Backed Securities Index, and Asset-Backed Index, including securities that are investment-grade quality or higher, have at least one year to maturity, and have an outstanding par value of at least $1 million. Barclays Capital US Corportate High Yield, 2% Capped Index -- covers the USD-denominated, non-investment grade, fixed-rate, taxable corporate bond market, with no single holding comprising more than 2% of the Index. Securities are classified as high-yield if the middle rating of Moody's, Fitch, and S&P is Ba1/BB+/BB+ or below. Standard & Poor's (S&P) 5 Index -- a composite of the 5 largest capitalized common stocks in the U.S. Russell 1 Growth Index -- a growth style index that is a subset of the Russell 1 Index, which measures performance of those Russell 1 companies with higher price-to-book ratios and higher forecasted growth values. (The Russell 1 Index is made up of 1, of the largest companies within the Russell 3 Index that comprises the 3, largest US equities by market value.) Russell 1 Value Index -- a value style index that is a subset of the Russell 1 Index, which measures performance of those Russell 1 companies with lower price-to-book ratios and lower forecasted growth values. (The Russell 1 Index is made up of 1, of the largest companies within the Russell 3 Index that comprises the 3, largest US equities by market value.) Russell 2 Index -- subset of Russell 3 index, which comprises the 3, largest U.S. equities by market value. The Russell 2 includes the smallest 2, companies, representing approximately 1% by market capitalization, of the 3 Index. Russell 25 Index -- subset of Russell 3 index, which comprises the 3, largest U.S. equities by market value. The Russell 25 includes the smallest 2,5 companies, representing approximately 15%-2% by market capitalization, of the 3 Index. Russell 3 Index -- measures the performance of the 3, largest U.S. companies by total market capitalization, which represents approximately 98% of the investable U.S. equity market. NAREIT Equity REIT Index -- an unmanaged, market capitalization weighted index of all publicly traded Equity REITs that have 75% or more of their gross invested book assets invested directly or indirectly in the equity ownership of real estate. Morgan Stanley Capital International (MSCI) EAFE Index -- comprised of approximately 1, equity securities representing the stock exchanges of Europe, Australia, New Zealand and the Far East. Morgan Stanley Capital International (MSCI) Emerging Markets Index -- covers approximately 29 global emerging markets. Designation as an emerging market is determined by factors including country's gross domestic product per capita, local government regulatory environment, and perceived investment risk. Morgan Stanley Capital International (MSCI) World Index -- a market capitalization weighted index composed of companies representative of the market structure of developed market countries in the Americas, Europe/Middle East, and Asia/Pacific regions. options are offered through a group variable annuity (Form 91-GAQC-7 and Form 91-GAQC-7(OR)) issued by United of Omaha Life Insurance Company, which accepts full responsibility for all of United's contractual obligations under the annuity but does not guarantee any contributions or investment returns except as provided in the annuity for the Guaranteed Account. Neither United of Omaha nor its representatives or affiliates offers investment advice in ti ith th d t AFN28899_77 25

connection with the product. AFN28899_77 26

November 1, 29 Guaranteed Account Month 23 24 25 26 27 28 29 January 2.87% 2.87% 3.17% 3.76% 3.73% 3.6% 2.96% February 3.7% 2.76% 3.22% 3.81% 3.88% 2.5% 3.6% March 2.71% 2.61% 3.48% 3.97% 3.57% 2.24% 3.22% April 2.71% 2.46% 3.69% 4.16% 3.57% 2.35% 2.86% May 2.71% 3.22% 3.38% 4.32% 3.57% 3.6% 3.6% June 2.1% 3.38% 3.28% 4.37% 3.93% 3.32% 3.22% July 2.1% 3.48% 3.28% 4.47% 4.4% 3.32% 2.86% August 2.87% 3.38% 3.63% 4.32% 3.78% 3.22% 2.7% September 3.7% 2.97% 3.43% 4.11% 3.57% 3.11% 2.29% October 2.51% 3.7% 3.62% 3.68% 3.52% 2.91% 1.94% November 2.87% 2.97% 3.82% 3.68% 3.42% 2.96% 1.94% December 2.87% 3.28% 3.82% 3.57% 3.1% 2.96% An administrative fee of.4% is reflected in the rates on this page. options are offered through a group variable annuity contract (91-GAQC-7 and 91-GAQC-7(OR)) issued by United of Omaha Life Insurance Company, which accepts full responsibility for all of United's contractual obligations under the contract but does not guarantee any contributions or investment returns except as provided in the annuity for the Guaranteed Account. Neither United of Omaha nor its representatives or affiliates offers investment advice in connection with the contract. RPD33-CG_16 27

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Release Date: 9-3-29 Mutual Directions 1 - Conservative... Morningstar Category Overall Morningstar Rating Morningstar Return Morningstar Risk MD 1 Composite Conservative Allocation QQQQ Above Average Low Rated against 499 Conservative Allocation funds. An investment's overall Morningstar Rating, based on its risk-adjusted return, is a weighted average of its applicable 3-, 5-, and 1-year Ratings. See disclosure for details. Strategy The Mutual Directions 1 Fund - Conservative - seeks to provide stability ofincome, with some exposure to stocks (2%) for capital appreciation, while attempting to minimize overall risk over the long-term. The Fund is designed for investors who tolerate little risk or who are not concerned about the long-term impact of inflation. Considered the most conservative of the five asset allocation models, the Fund places 8% ofthe investments in stable value and bond funds. Utilizing both actively and passively managed investments, the Fund allocates its investments among Stable Value Fund (5%), Bond Index Fund (3%), and Stock Market Index Fund (2%). The Fund is reviewed quarterly following the end of January, April, July and October and rebalanced ifthe actual percentage ofany individual fund at the end of the quarter is over or under its target percent by five percentage points or more. Fees and Expenses Fee.48% Operations and Management Product Inception Date 12-1-97 Initial Inception Date 12-1-97 Management Company Multiple Advisors Volatility Analysis Low Moderate High Category In the past, this investment has shown a relatively small range ofprice fluctuations relative to other investments. Based on this measure, currently more than two thirds ofall investments in this category have shown higher levels of risk. Consequently, this investment may appeal to investors looking for a conservative investment strategy. Best 3 Month Return Worst 3 Month Return 5.71% -5.41% (Sep '98 - Nov '98) (Sep '8 - Nov '8) Performance 2 15 1 5-5 -1-15 Total Return% as of9-3-9 Average annual, ifgreater than 1 year YTD 1 Year 3 Year 5 Year 1 Year Since Inception 5.76 4.13 3. 3.88 4.56 4.8 Fund Return % 5.49 2.74 2.45 3.48 4.47. Return % 17.2 5.29.87 3.15 3.43. Category Average %..... QQQQ QQQQ QQQQ. Morningstar Rating.. 499 332 139. # offunds in Category Returns shown represent past performance which cannot guarantee future results and are net of investment fees, but not administrative fees. Your plan's specific returns may be lower. Also, current performance may be lower or higher than the performance data quoted above. Fund values and investment returns will vary and principal value, when redeemed, may be worth more or less than the original investment. Contact your plan administrator or access your online account at getretirementright.com for your plan's returns current to the most recent month-end. Consider the fund's investment objectives, risks, charges, and expenses before investing. Growth of $1, as of 9-3-9 $15,94 $17,752 25 2 15 1K 5 1999 2 21 22 23 24 25 26 27 28 9-9 Portfolio Analysis as of8-31-9 Composition as of8-31-9 U.S. Stocks 2.6 Non-U.S. Stocks. Bonds 72.1 Cash 6.8 Other.5 Morningstar Style Box as of8-31-9 (EQ) ; 6-3-9 (F-I) Value Blend Growth Large Med Small Short Interm Long High Med Low Notes The average investment fee is for illustration purposes only and has been constructed according to the target allocations ofeach model. Actual investment fees accrue according to each underlying offering's position each day. The investment fee includes a.5% portfolio expense by United's retirement program product. The Composite is 5% 9 Day Treasury Bill, 3% Barclays Capital Gov't/Credit Index, and 2% S&P 5 Index. Top 1 Holdings as of8-31-9 RiverSource Trust US Gov Securities I 1-1-15 7.41 Fnma 3yr Tba(Reg A) 7-14-13 5.1 US Treasury Note 1.75% 3-31-14.98 FHLMC 4% 6-12-13.97 ExxonMobil Corporation.87... US Treasury Note 3.125% 5-15-19.87 FHLMC CMO 4-25-16.66 FNMA 3.25% 4-1-17.66 FNMA 3-2-11.65 FNMA 5% 6-1-34.63 Total Number ofstock Holdings 51 Total Number ofbond Holdings 382 Morningstar Sectors as of8-31-9 Fund% h Information 24.3 r Software 4.31 t Hardware 1.13 y Media 2.43 u Telecommunication 7.16 j Service 38.52 i Healthcare Service 13.3 o Consumer Service 8.62 p Business Service 3.39 a Financial Service 13.48 k Manufacturing 37.45 s Consumer Goods 1.88 d Industrial Materials 1.28 f Energy 12.28 g Utilities 4.1 AFN4157 9-9 29 Morningstar, Inc., Morningstar Profiles 312-696-6. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of information. Past performance is no guarantee of future performance. Visit our investment website at www.morningstar.com. 29 Page1of2

Release Date: 9-3-29 Mutual Directions 2 - Moderately Conservative... Morningstar Category Overall Morningstar Rating Morningstar Return Morningstar Risk MD 2 Composite Conservative Allocation QQQQ Average Below Average Rated against 499 Conservative Allocation funds. An investment's overall Morningstar Rating, based on its risk-adjusted return, is a weighted average of its applicable 3-, 5-, and 1-year Ratings. See disclosure for details. Strategy The Mutual Directions 2 Fund - Moderately Conservative - attempts to provide income in combination with the potential for some growth of capital over the long-term. The Fund is considered moderately conservative compared to the other four strategic portfolios and is designed for investors who want some exposure to stocks. The Fund allocates 4% of its investments to stocks and 6% to stable value and bonds. Utilizing both actively and passively managed investments, the Fund allocates its investments among Stable Value Fund (3%), Bond Index Fund (3%), Stock Market Index Fund (15%), International Developed Countries Fund (1%), Strategic Value Fund (5%), Growth Fund (5%), and Small Company Fund (5%). The Fund is reviewed quarterly following the end of January, April, July and October and rebalanced if the actual percentage of any individual fund at the end of the quarter is over or under its target percent by five percentage points or more. Fees and Expenses Fee.65% Operations and Management Product Inception Date 12-1-97 Initial Inception Date 12-1-97 Management Company Multiple Advisors Volatility Analysis Low Moderate High Category Performance 2 15 1 5-5 -1-15 Total Return% as of 9-3-9 Average annual, if greater than 1 year YTD 1 Year 3 Year 5 Year 1 Year Since Inception 1.2 2.29.88 3.74 4.21 4.8 Fund Return % 1.68 2.72 1.29 3.86 3.9. Return % 17.2 5.29.87 3.15 3.43. Category Average %..... QQQ QQQQ QQQQ. Morningstar Rating.. 499 332 139. # of Funds in Category Returns shown represent past performance which cannot guarantee future results and are net of investment fees, but not administrative fees. Your plan's specific returns may be lower. Also, current performance may be lower or higher than the performance data quoted above. Fund values and investment returns will vary and principal value, when redeemed, may be worth more or less than the original investment. Contact your plan administrator or access your online account at getretirementright.com for your plan's returns current to the most recent month-end. Consider the fund's investment objectives, risks, charges, and expenses before investing. Growth of $1, as of 9-3-9 $15,674 $17,674 25 2 15 1K 5 1999 2 21 22 23 24 25 26 27 28 9-9 In the past, this investment has shown a relatively small range of price fluctuations relative to other investments. Based on this measure, currently more than two thirds of all investments in this category have shown higher levels of risk. Consequently, this investment may appeal to investors looking for a conservative investment strategy. Best 3 Month Return Worst 3 Month Return 9.56% -14.21% (Mar '9 - May '9) (Sep '8 - Nov '8) Notes The average investment fee is for illustration purposes only and has been constructed according to the target allocations of each model. Actual investment fees accrue according to each underlying offering's position each day. The investment fee includes a.5% portfolio expense by United's retirement program product. The Composite is 3% 9 Day Treasury Bill, 3% Barclays Capital Gov't/Credit Index, 15% S&P 5 Index, 1% MSCI EAFE, 5% Russell 1 Value Index, 5% Russell 1 Growth Index, and 5% Russell 2 Index. Portfolio Analysis as of 8-31-9 Composition as of 8-31-9 U.S. Stocks 25.4 Non-U.S. Stocks 1.3 Bonds 57.8 Cash 6. Other.5 Top 1 Holdings as of 8-31-9 RiverSource Trust US Gov Securities I 1-1-15 4.73 Fnma 3yr Tba(Reg A) 7-14-13 3.2 US Treasury Note 1.75% 3-31-14.67 ExxonMobil Corporation.64 FHLMC 4% 6-12-13.63... US Treasury Note 3.125% 5-15-19.6 J.P. Morgan Chase & Co..51 FHLMC CMO 4-25-16.42 FNMA 3-2-11.42 Microsoft Corporation.42 Total Number of Stock Holdings 1126 Total Number of Bond Holdings 383 Morningstar Style Box as of 8-31-9 (EQ) ; 6-3-9 (F-I) Value Blend Growth Large Med Small Short Interm Long Morningstar Sectors as of 8-31-9 Fund% h Information 21.18 r Software 3.88 t Hardware 7.98 y Media 2.53 u Telecommunication 6.79 j Service 41.1 i Healthcare Service 12.29 o Consumer Service 6.76 p Business Service 4.75 a Financial Service 17.21 k Manufacturing 37.82 s Consumer Goods 1.8 d Industrial Materials 12.35 f Energy 1.85 g Utilities 3.82 High Med Low AFN41571 9-9 29 Morningstar, Inc., Morningstar Profiles 312-696-6. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of information. Past performance is no guarantee of future performance. Visit our investment website at www.morningstar.com. 3 Page1of2

Release Date: 9-3-29 Mutual Directions 3 - Moderate... Morningstar Category Overall Morningstar Rating Morningstar Return Morningstar Risk MD 3 Composite Moderate Allocation QQQQ Above Average Average Rated against 956 Moderate Allocation funds. An investment's overall Morningstar Rating, based on its risk-adjusted return, is a weighted average of its applicable 3-, 5-, and 1-year Ratings. See disclosure for details. Strategy The Mutual Directions 3 Fund - Moderate - seeks capital appreciation and income over the long-term, by investing in five stock funds and a bond fund. The Fund is a midway point on the risk and reward spectrum and is designed for the investor who is not averse to accepting more risk. The Fund allocates 6% of investments to stocks, including small company stocks and stocks of international developed countries and attempts to balance risk by investing 4% in bonds. Utilitzing both actively and passively managed investments, the Fund allocates its investments among Bond Index Fund (4%), Stock Market Index Fund (15%), International Developed Countries Fund (15%), Growth Fund (1%), Strategic Value Fund (1%), and Small Company Fund (1%). The Fund is reviewed quarterly following the end of January, April, July and October and rebalanced if the actual percentage of any individual fund at the end of the quarter is over or under its target percent by five percentage points or more. Fees and Expenses Fee.77% Operations and Management Product Inception Date 12-1-97 Initial Inception Date 12-1-97 Management Company Multiple Advisors Volatility Analysis Low Moderate High Category In the past, this investment has shown a relatively small range of price fluctuations relative to other investments. Based on this measure, currently more than two thirds of all investments in this category have shown higher levels of risk. Consequently, this investment may appeal to investors looking for a conservative investment strategy. Best 3 Month Return Worst 3 Month Return 17.59% -2.49% (Mar '9 - May '9) (Sep '8 - Nov '8) Notes The average investment fee is for illustration purposes only and has been constructed according to the target allocations of each model. Actual investment fees accrue according to each underlying offering's position each day. The investment fee includes a.5% portfolio expense by United's retirement program product. The Composite is 4% Barclays Capital Gov't/Credit Index, 15% S&P 5 Index, 15% MSCI EAFE, 1% Russell 1 Value Index, 1% Russell 1 Growth Index, and 1% Russell 2 Index. Performance 4 3 2 1-1 -2-3 Total Return% as of 9-3-9 Average annual, if greater than 1 year YTD 1 Year 3 Year 5 Year 1 Year Since Inception 17.21 4.62.45 4.16 4.21 4.9 Fund Return % 15.84 2.67.11 3.99 3.75. Return % 19.57 1.38-1.56 2.56 2.9. Category Average %..... QQQQ QQQQ QQQQ. Morningstar Rating.. 956 795 455. # of Funds in Category Returns shown represent past performance which cannot guarantee future results and are net of investment fees, but not administrative fees. Your plan's specific returns may be lower. Also, current performance may be lower or higher than the performance data quoted above. Fund values and investment returns will vary and principal value, when redeemed, may be worth more or less than the original investment. Contact your plan administrator or access your online account at getretirementright.com for your plan's returns current to the most recent month-end. Consider the fund's investment objectives, risks, charges, and expenses before investing. Growth of $1, as of 9-3-9 $15,762 $17,616 25 2 15 1K 5 1999 2 21 22 23 24 25 26 27 28 9-9 Portfolio Analysis as of 8-31-9 Composition as of 8-31-9 U.S. Stocks 45.5 Non-U.S. Stocks 16.7 Bonds 34.7 Cash 2.9 Other.3 Top 1 Holdings as of 8-31-9 J.P. Morgan Chase & Co..95 ExxonMobil Corporation.87 Hewlett-Packard Company.7 Apple, Inc..68 Microsoft Corporation.67... Bank of America Corporation.65 Johnson & Johnson.6 Wal-Mart Stores, Inc..59 Cisco Systems, Inc..55 Schlumberger, Ltd..52 Total Number of Stock Holdings 1126 Total Number of Bond Holdings 3637 Morningstar Style Box as of 8-31-9 (EQ) ; 12-31-8 (F-I) Value Blend Growth Large Med Small Short Interm Long Morningstar Sectors as of 8-31-9 Fund% h Information 21.46 r Software 4.22 t Hardware 8.22 y Media 2.63 u Telecommunication 6.39 j Service 41.91 i Healthcare Service 12.56 o Consumer Service 6.8 p Business Service 4.92 a Financial Service 17.63 k Manufacturing 36.62 s Consumer Goods 1.27 d Industrial Materials 12.7 f Energy 1.54 g Utilities 3.74 High Med Low AFN41572 9-9 29 Morningstar, Inc., Morningstar Profiles 312-696-6. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of information. Past performance is no guarantee of future performance. Visit our investment website at www.morningstar.com. 31 Page1of2

Release Date: 9-3-29 Mutual Directions 4 - Moderately Aggressive... Morningstar Category Overall Morningstar Rating Morningstar Return Morningstar Risk MD 4 Composite Moderate Allocation QQQ Above Average Above Average Rated against 956 Moderate Allocation funds. An investment's overall Morningstar Rating, based on its risk-adjusted return, is a weighted average of its applicable 3-, 5-, and 1-year Ratings. See disclosure for details. Strategy The Mutual Directions 4 Fund - Moderately Aggressive - seeks long-term capital appreciation with some opportunity for income. The Fund is considered moderately aggressive versus the other four strategic portfolios and is designed for the investor who can accept more risk and greater volatility in their returns. The Fund allocates 8% of investments to stocks and 2% to bonds. Utilizing both actively and passively managed investments, the Fund allocates its investments among Bond Index Fund (2%), Strategic Value Fund (15%), Stock Market Index Fund (15%), Growth Fund (15%), International Developed Countries Fund (15%), Small Company Fund (15%), and Emerging Markets Index Fund (5%). The Fund is reviewed quarterly following the end of January, April, July and October and rebalanced if the actual percentage of any individual fund at the end of the quarter is over or under its target percent by five percentage points or more. Fees and Expenses Fee.85% Operations and Management Product Inception Date 12-1-97 Initial Inception Date 12-1-97 Management Company Multiple Advisors Volatility Analysis Low Moderate High Category In the past, this investment has shown a relatively moderate range of price fluctuations relative to other investments. This investment may experience larger or smaller price declines or price increases depending on market conditions. Some of this risk may be offset by owning other investments with different portfolio makeups or investment strategies. Best 3 Month Return Worst 3 Month Return 23.31% -27.34% (Mar '9 - May '9) (Sep '8 - Nov '8) Notes The average investment fee is for illustration purposes only and has been constructed according to the target allocations of each model. Actual investment fees accrue according to each underlying offering's position each day. The investment fee includes a.5% portfolio expense by United's retirement program product. The Composite is 2% Barclays Capital Gov't/Credit Index, 15% S&P 5 Index, 15% MSCI EAFE, 15% Russell 1 Value Index, 15% Russell 1 Growth Index, 15% Russell 2 Index, and 5% MSCI Emerging Markets Index. Performance 4 3 2 1-1 -2-3 Total Return% as of 9-3-9 Average annual, if greater than 1 year YTD 1 Year 3 Year 5 Year 1 Year Since Inception 22.65 1.91-1.7 4.53 4.9 4.81 Fund Return % 21.5. -1.51 4.8 3.35. Return % 19.57 1.38-1.56 2.56 2.9. Category Average %..... QQQ QQQQ QQQ. Morningstar Rating.. 956 795 455. # of Funds in Category Returns shown represent past performance which cannot guarantee future results and are net of investment fees, but not administrative fees. Your plan's specific returns may be lower. Also, current performance may be lower or higher than the performance data quoted above. Fund values and investment returns will vary and principal value, when redeemed, may be worth more or less than the original investment. Contact your plan administrator or access your online account at getretirementright.com for your plan's returns current to the most recent month-end. Consider the fund's investment objectives, risks, charges, and expenses before investing. Growth of $1, as of 9-3-9 $15,837 $17,178 25 2 15 1K 5 1999 2 21 22 23 24 25 26 27 28 9-9 Portfolio Analysis as of 8-31-9 Composition as of 8-31-9 U.S. Stocks 54.4 Non-U.S. Stocks 22.9 Bonds 19.5 Cash 2.9 Other.4 Top 1 Holdings as of 8-31-9 J.P. Morgan Chase & Co. 1.19 ExxonMobil Corporation.88 Hewlett-Packard Company.88 Apple, Inc..83 Bank of America Corporation.79... Microsoft Corporation.76 Wal-Mart Stores, Inc..71 Johnson & Johnson.68 Cisco Systems, Inc..67 Schlumberger, Ltd..66 Total Number of Stock Holdings 1896 Total Number of Bond Holdings 3637 Morningstar Style Box as of 8-31-9 (EQ) ; 12-31-8 (F-I) Value Blend Growth Large Med Small Short Interm Long Morningstar Sectors as of 8-31-9 Fund% h Information 21.79 r Software 4.24 t Hardware 8.46 y Media 2.61 u Telecommunication 6.48 j Service 41.65 i Healthcare Service 12. o Consumer Service 6.69 p Business Service 4.62 a Financial Service 18.34 k Manufacturing 36.56 s Consumer Goods 9.71 d Industrial Materials 12.2 f Energy 1.81 g Utilities 3.84 High Med Low AFN41573 9-9 29 Morningstar, Inc., Morningstar Profiles 312-696-6. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of information. Past performance is no guarantee of future performance. Visit our investment website at www.morningstar.com. 32 Page1of2

Release Date: 9-3-29 Mutual Directions 5 - Aggressive... Morningstar Category Overall Morningstar Rating Morningstar Return Morningstar Risk MD 5 Composite Large Blend QQQQ Above Average Above Average Rated against 174Large Blend funds. An investment's overall Morningstar Rating, based on its risk-adjusted return, is a weighted average of its applicable 3-, 5-, and 1-year Ratings. See disclosure for details. Strategy The Mutual Directions 5 Fund - Aggressive - seeks maximum capital appreciation over the long-term. The Fund is the most aggressive model of the Mutual Directions series. Mutual Directions 5 is for those investors who are not averse to risk and who can accept significant fluctuations in the stock markets. The Fund allocates 1% of investments to stocks and invests in both domestic (75%) and international (25%) companies. Utilizing both actively and passively managed investments, the Fund allocates its investments among Strategic Value Fund (2%), Growth Fund (2%), International Developed Countries Fund (2%), Small Company Fund (2%), Stock Market Index Fund (15%), and Emerging Markets Index Fund (5%). The Fund is reviewed quarterly following the end of January, April, July and October and rebalanced if the actual percentage of any individual fund at the end of the quarter is over or under its target percent by five percentage points or more. Fees and Expenses Fee.96% Operations and Management Product Inception Date 12-1-97 Initial Inception Date 12-1-97 Management Company Multiple Advisors Volatility Analysis Low Moderate High Category Performance 4 3 2 1-1 -2-3 Total Return% as of 9-3-9 Average annual, if greater than 1 year YTD 1 Year 3 Year 5 Year 1 Year Since Inception 27.5-2.53-2.87 4.13 3.17 4.2 Fund Return % 24.65-3.81-3.94 3.43 2.8. Return % 21.28-5.46-5.13 1.22.69. Category Average %..... QQQQ QQQQ QQQQ. Morningstar Rating.. 1741352 678. # of Funds in Category Returns shown represent past performance which cannot guarantee future results and are net of investment fees, but not administrative fees. Your plan's specific returns may be lower. Also, current performance may be lower or higher than the performance data quoted above. Fund values and investment returns will vary and principal value, when redeemed, may be worth more or less than the original investment. Contact your plan administrator or access your online account at getretirementright.com for your plan's returns current to the most recent month-end. Consider the fund's investment objectives, risks, charges, and expenses before investing. Growth of $1, as of 9-3-9 $14,691 $15,664 25 2 15 1K 5 1999 2 21 22 23 24 25 26 27 28 9-9 In the past, this investment has shown a relatively moderate range of price fluctuations relative to other investments. This investment may experience larger or smaller price declines or price increases depending on market conditions. Some of this risk may be offset by owning other investments with different portfolio makeups or investment strategies. Best 3 Month Return Worst 3 Month Return 29.47% -33.8% (Mar '9 - May '9) (Sep '8 - Nov '8) Notes The average investment fee is for illustration purposes only and has been constructed according to the target allocations of each model. Actual investment fees accrue according to each underlying offering's position each day. The investment fee includes a.5% portfolio expense by United's retirement program product. The Composite is 2% MSCI EAFE, 2% Russell 1 Value Index, 2% Russell 1 Growth Index, 2% Russell 2 Index, 15% S&P 5 Index, and 5% MSCI Emerging Markets Index. Portfolio Analysis as of 8-31-9 Composition as of 8-31-9 U.S. Stocks 71.6 Non-U.S. Stocks 24.4 Bonds. Cash 3.5 Other.4 Top 1 Holdings as of 8-31-9 J.P. Morgan Chase & Co. 1.6 Hewlett-Packard Company 1.18 Apple, Inc. 1.9 Bank of America Corporation 1.4 ExxonMobil Corporation 1.3... Microsoft Corporation.96 Wal-Mart Stores, Inc..94 Schlumberger, Ltd..89 Cisco Systems, Inc..88 Johnson & Johnson.86 Total Number of Stock Holdings 1896 Total Number of Bond Holdings 1 Morningstar Style Box as of 8-31-9 % Mkt Cap Giant 36.37... Large 34.7 Medium 14.28 Small 12.68... Micro 2.6 Value Blend Growth Large Mid Small Morningstar Sectors as of 8-31-9 Fund% h Information 21.95 r Software 4.5 t Hardware 8.63 y Media 2.73 u Telecommunication 6.9 j Service 42.44 i Healthcare Service 12.55 o Consumer Service 6.9 p Business Service 4.73 a Financial Service 18.26 k Manufacturing 35.59 s Consumer Goods 9.5 d Industrial Materials 11.73 f Energy 1.64 g Utilities 3.72 AFN41574 9-9 29 Morningstar, Inc., Morningstar Profiles 312-696-6. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of information. Past performance is no guarantee of future performance. Visit our investment website at www.morningstar.com. 33 Page1of2

Release Date: 9-3-29 Mutual GlidePath 25... Morningstar Category Overall Morningstar Rating Morningstar Return Morningstar Risk 25 Composite Target Date 2-21... Strategy The Mutual GlidePathSM 25 Fund seeks to achieve long-term capital growth by investing in a diversified mix of asset classes and investment styles, which becomes increasingly conservative over time and through retirement. The Fund is designed for investors who intend to retire within 5 years of 25 and seek a simple method to achieve a broadly diversified portfolio that will gradually become more conservative in its allocation over time. The Fund invests in the corresponding target date fund of the Callan GlidePath Series, which utilizes both actively and passively managed investments and allocates its investments among Mellon Capital Russell 1 Index, Fidelity (Pyramis) Core Plus Fixed Income, Mellon Capital US Aggregate Bond Index, Dodge & Cox International Equity, Capital Guardian All Country World (ex US), SSgA EAFE Index, Prudential PRREF, Russell Small Cap, PIMCO Small Cap, SSgA TIPS Index, Western Asset Management Active US TIPS, and Galliard Stable Return. Fees and Expenses Fee.88% Operations and Management Product Inception Date 6-29-7 Initial Inception Date 7-1-7 Management Company Callan Associates Inc Volatility Analysis Low Moderate High Category The volatility measure is not displayed for investments with fewer than three years of history. The category average, however, is shown above. Best 3 Month Return Worst 3 Month Return 15.71% -19.78% (Mar '9 - May '9) (Sep '8 - Nov '8) Notes The fund is designed to continue along the glidepath for an additional 2 years beyond the target retirement date. The average investment fee is for illustration purposes only and has been constructed according to the target allocations of each model. Actual investment fees accrue according to each underlying offering's position each day. The investment fee includes a.35% charge by United's retirement program product. Allocation of Stocks and Bonds Performance 2 15 1 5-5 -1-15 Total Return% as of 9-3-9 Average annual, if greater than 1 year YTD 1 Year 3 Year 5 Year 1 Year Since Inception 14.29-1.68... -5.8 Fund Return % 11.83-1.85.... Return %... 18.63 2.99.... Category Average %...... Morningstar Rating...... # of Funds in Category Returns shown represent past performance which cannot guarantee future results and are net of investment fees, but not administrative fees. Your plan's specific returns may be lower. Also, current performance may be lower or higher than the performance data quoted above. Fund values and investment returns will vary and principal value, when redeemed, may be worth more or less than the original investment. Contact your plan administrator or access your online account at getretirementright.com for your plan's returns current to the most recent month-end. Consider the fund's investment objectives, risks, charges, and expenses before investing. Portfolio Analysis as of 8-31-9 Composition as of 8-31-9 Net% U.S. Stocks 34.4 Non-U.S. Stocks 12. Bonds 41.9 Cash -2.8 Other 14.5... -1-5 5 1 Total 1. Top 1 Holdings as of 8-31-9 Mellon Cap Mgt Corp. EB DL LgCap Stk Idx 31.4 Fidelity Pyramis Core Plus Co 13.71 Mellon Cap Mgt Corp. Agg Bond Idx 13.42 Wells Fargo Stable Value 8.94 Western Asset Inflation Indexed Plus Bd 4.79 SSgA TIPS Series A 4.77 Dodge & Cox International Stock 4.21 SSgA EAFE INDEX FUND 4.9 Capital Guardian ACWI (ExUS) Equity 4.1 PIMCO Small Cap StocksPLUS TR Inst 3.79 Total Number of Holdings 12 Morningstar Style Box as of 8-31-9 (EQ) ; 6-3-9 (F-I) Value Blend Growth Large Med Small Short Interm Long Morningstar Sectors as of 8-31-9 Fund% h Information 21.86 r Software 3.78 t Hardware 7.97 y Media 2.76 u Telecommunication 7.35 j Service 39.71 i Healthcare Service 11.6 o Consumer Service 7.36 p Business Service 4.43 a Financial Service 16.32 k Manufacturing 38.44 s Consumer Goods 12.36 d Industrial Materials 11.63 f Energy 1.64 g Utilities 3.81 High Med Low AFN41575 9-9 29 Morningstar, Inc., Morningstar Profiles 312-696-6. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of information. Past performance is no guarantee of future performance. Visit our investment website at www.morningstar.com. 34 Page1of2

Release Date: 9-3-29 Mutual GlidePath 21... Morningstar Category Overall Morningstar Rating Morningstar Return Morningstar Risk 21 Composite Target Date 2-21... Strategy The Mutual GlidePath 21SM Fund seeks to achieve long-term capital growth by investing in a diversified mix of asset classes and investment styles, which becomes increasingly conservative over time and through retirement. The Fund is designed for investors who intend to retire within 5 years of 21 and seek a simple method to achieve a broadly diversified portfolio that will gradually become more conservative in its allocation over time. The Fund invests in the corresponding target date fund of the Callan GlidePath Series, which utilizes both actively and passively managed investments and allocates its investments among Mellon Capital Russell 1 Index, Fidelity (Pyramis) Core Plus Fixed Income, Mellon Capital US Aggregate Bond Index, Dodge & Cox International Equity, Capital Guardian All Country World (ex US), SSgA EAFE Index, Prudential PRREF, Russell Small Cap, PIMCO Small Cap, SSgA TIPS Index, Western Asset Management Active US TIPS, and Galliard Stable Return. Fees and Expenses Fee.89% Operations and Management Product Inception Date 6-29-7 Initial Inception Date 7-1-7 Management Company Callan Associates Inc Volatility Analysis Low Moderate High Category The volatility measure is not displayed for investments with fewer than three years of history. The category average, however, is shown above. Best 3 Month Return Worst 3 Month Return 18.% -22.5% (Mar '9 - May '9) (Sep '8 - Nov '8) Notes The fund is designed to continue along the glidepath for an additional 2 years beyond the target retirement date. The average investment fee is for illustration purposes only and has been constructed according to the target allocations of each model. Actual investment fees accrue according to each underlying offering's position each day. The investment fee includes a.35% charge by United's retirement program product. Allocation of Stocks and Bonds Performance 4 3 2 1-1 -2-3 Total Return% as of 9-3-9 Average annual, if greater than 1 year YTD 1 Year 3 Year 5 Year 1 Year Since Inception 16.5.22... -6.83 Fund Return % 13.72-2.23.... Return %... 18.63 2.99.... Category Average %...... Morningstar Rating...... # of Funds in Category Returns shown represent past performance which cannot guarantee future results and are net of investment fees, but not administrative fees. Your plan's specific returns may be lower. Also, current performance may be lower or higher than the performance data quoted above. Fund values and investment returns will vary and principal value, when redeemed, may be worth more or less than the original investment. Contact your plan administrator or access your online account at getretirementright.com for your plan's returns current to the most recent month-end. Consider the fund's investment objectives, risks, charges, and expenses before investing. Portfolio Analysis as of 8-31-9 Composition as of 8-31-9 Net% U.S. Stocks 39.2 Non-U.S. Stocks 15.1 Bonds 39.4 Cash -3.6 Other 1.... -1-5 5 1 Total 1. Top 1 Holdings as of 8-31-9 Mellon Cap Mgt Corp. EB DL LgCap Stk Idx 35.12 Fidelity Pyramis Core Plus Co 12.54 Mellon Cap Mgt Corp. Agg Bond Idx 12.25 SSgA EAFE INDEX FUND 5.47 Capital Guardian ACWI (ExUS) Equity 5.38 Wells Fargo Stable Value 5.15 PIMCO Small Cap StocksPLUS TR Inst 4.61 Dodge & Cox International Stock 4.6 SSgA TIPS Series A 4.43 Russell Small Cap II Fund 4.38 Total Number of Holdings 12 Morningstar Style Box as of 8-31-9 (EQ) ; 6-3-9 (F-I) Value Blend Growth Large Med Small Short Interm Long Morningstar Sectors as of 8-31-9 Fund% h Information 21.67 r Software 3.73 t Hardware 7.8 y Media 2.7 u Telecommunication 7.44 j Service 39.7 i Healthcare Service 11.48 o Consumer Service 7.29 p Business Service 4.44 a Financial Service 16.49 k Manufacturing 38.64 s Consumer Goods 12.5 d Industrial Materials 11.75 f Energy 1.55 g Utilities 3.84 High Med Low AFN41576 9-9 29 Morningstar, Inc., Morningstar Profiles 312-696-6. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of information. Past performance is no guarantee of future performance. Visit our investment website at www.morningstar.com. 35 Page1of2

Release Date: 9-3-29 Mutual GlidePath 215... Morningstar Category Overall Morningstar Rating Morningstar Return Morningstar Risk 215 Composite Target Date 211-215... Strategy The Mutual GlidePath 215SM Fund seeks to achieve long-term capital growth by investing in a diversified mix of asset classes and investment styles, which becomes increasingly conservative over time and through retirement. The Fund is designed for investors who intend to retire within 5 years of 215 and seek a simple method to achieve a broadly diversified portfolio that will gradually become more conservative in its allocation over time. The Fund invests in the corresponding target date fund of the Callan GlidePath Series, which utilizes both actively and passively managed investments and allocates its investments among Mellon Capital Russell 1 Index, Dodge & Cox International Equity, Capital Guardian All Country World (ex US), SSgA EAFE Index, Fidelity (Pyramis) Core Plus Fixed Income, Mellon Capital US Aggregate Bond Index, Prudential PRREF, Russell Small Cap, PIMCO Small Cap, SSgA TIPS Index, Western Asset Management Active US TIPS, and Galliard Stable Return. Fees and Expenses Fee.91% Operations and Management Product Inception Date 6-29-7 Initial Inception Date 7-1-7 Management Company Callan Associates Inc Volatility Analysis Low Moderate High Category The volatility measure is not displayed for investments with fewer than three years of history. The category average, however, is shown above. Best 3 Month Return Worst 3 Month Return 2.36% -24.48% (Mar '9 - May '9) (Sep '8 - Nov '8) Notes The fund is designed to continue along the glidepath for an additional 2 years beyond the target retirement date. The average investment fee is for illustration purposes only and has been constructed according to the target allocations of each model. Actual investment fees accrue according to each underlying offering's position each day. The investment fee includes a.35% charge by United's retirement program product. Allocation of Stocks and Bonds Performance 4 3 2 1-1 -2-3 Total Return% as of 9-3-9 Average annual, if greater than 1 year YTD 1 Year 3 Year 5 Year 1 Year Since Inception 18.2.... -8.15 Fund Return % 15.51-2.84.... Return %... 19.45.88.... Category Average %...... Morningstar Rating...... # of Funds in Category Returns shown represent past performance which cannot guarantee future results and are net of investment fees, but not administrative fees. Your plan's specific returns may be lower. Also, current performance may be lower or higher than the performance data quoted above. Fund values and investment returns will vary and principal value, when redeemed, may be worth more or less than the original investment. Contact your plan administrator or access your online account at getretirementright.com for your plan's returns current to the most recent month-end. Consider the fund's investment objectives, risks, charges, and expenses before investing. Portfolio Analysis as of 8-31-9 Composition as of 8-31-9 Net% U.S. Stocks 43. Non-U.S. Stocks 17.9 Bonds 36.6 Cash -4.3 Other 6.8... -1-5 5 1 Total 1. Top 1 Holdings as of 8-31-9 Mellon Cap Mgt Corp. EB DL LgCap Stk Idx 38.23 Fidelity Pyramis Core Plus Co 12. Mellon Cap Mgt Corp. Agg Bond Idx 11.73 Dodge & Cox International Stock 6.38 SSgA EAFE INDEX FUND 6.9 Capital Guardian ACWI (ExUS) Equity 5.97 PIMCO Small Cap StocksPLUS TR Inst 5.35 Russell Small Cap II Fund 5.6 PRUDENTIAL RETIREMENT REAL ESTATE FD 2.71 Western Asset Inflation Indexed Plus Bd 2.39 Total Number of Holdings 12 Morningstar Style Box as of 8-31-9 (EQ) ; 6-3-9 (F-I) Value Blend Growth Large Med Small Short Interm Long Morningstar Sectors as of 8-31-9 Fund% h Information 21.65 r Software 3.68 t Hardware 7.71 y Media 2.82 u Telecommunication 7.44 j Service 39.71 i Healthcare Service 11.48 o Consumer Service 7.15 p Business Service 4.4 a Financial Service 16.68 k Manufacturing 38.64 s Consumer Goods 12.61 d Industrial Materials 11.75 f Energy 1.53 g Utilities 3.75 High Med Low AFN41577 9-9 29 Morningstar, Inc., Morningstar Profiles 312-696-6. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of information. Past performance is no guarantee of future performance. Visit our investment website at www.morningstar.com. 36 Page1of2

Release Date: 9-3-29 Mutual GlidePath 22... Morningstar Category Overall Morningstar Rating Morningstar Return Morningstar Risk 22 Composite Target Date 216-22... Strategy The Mutual GlidePath 22SM Fund seeks to achieve long-term capital growth by investing in a diversified mix of asset classes and investment styles, which becomes increasingly conservative over time and through retirement. The Fund is designed for investors who intend to retire within 5 years of 22 and seek a simple method to achieve a broadly diversified portfolio that will gradually become more conservative in its allocation over time. The Fund invests in the corresponding target date fund of the Callan GlidePath Series, which utilizes both actively and passively managed investments and allocates its investments among Mellon Capital Russell 1 Index, Dodge & Cox International Equity, Capital Guardian All Country World (ex US), SSgA EAFE Index, Russell Small Cap, PIMCO Small Cap, Prudential PRREF, Fidelity (Pyramis) Core Plus Fixed Income, Mellon Capital US Aggregate Bond Index, SSgA TIPS Index, and Western Asset Management Active US TIPS. Fees and Expenses Fee.91% Operations and Management Product Inception Date 6-29-7 Initial Inception Date 7-1-7 Management Company Callan Associates Inc Volatility Analysis Low Moderate High Category The volatility measure is not displayed for investments with fewer than three years of history. The category average, however, is shown above. Best 3 Month Return Worst 3 Month Return 22.57% -26.55% (Mar '9 - May '9) (Sep '8 - Nov '8) Notes The fund is designed to continue along the glidepath for an additional 2 years beyond the target retirement date. The average investment fee is for illustration purposes only and has been constructed according to the target allocations of each model. Actual investment fees accrue according to each underlying offering's position each day. The investment fee includes a.35% charge by United's retirement program product. Allocation of Stocks and Bonds Performance 4 3 2 1-1 -2-3 Total Return% as of 9-3-9 Average annual, if greater than 1 year YTD 1 Year 3 Year 5 Year 1 Year Since Inception 19.7 -.12... -9.42 Fund Return % 17.51-2.92.... Return %... 2.26.94.... Category Average %...... Morningstar Rating...... # of Funds in Category Returns shown represent past performance which cannot guarantee future results and are net of investment fees, but not administrative fees. Your plan's specific returns may be lower. Also, current performance may be lower or higher than the performance data quoted above. Fund values and investment returns will vary and principal value, when redeemed, may be worth more or less than the original investment. Contact your plan administrator or access your online account at getretirementright.com for your plan's returns current to the most recent month-end. Consider the fund's investment objectives, risks, charges, and expenses before investing. Portfolio Analysis as of 8-31-9 Composition as of 8-31-9 Net% U.S. Stocks 46.7 Non-U.S. Stocks 21.3 Bonds 32.8 Cash -4.8 Other 4.... -1-5 5 1 Total 1. Top 1 Holdings as of 8-31-9 Mellon Cap Mgt Corp. EB DL LgCap Stk Idx 41.49 Fidelity Pyramis Core Plus Co 1.49 Mellon Cap Mgt Corp. Agg Bond Idx 1.25 SSgA EAFE INDEX FUND 7.42 Capital Guardian ACWI (ExUS) Equity 7.29 Dodge & Cox International Stock 7.24 PIMCO Small Cap StocksPLUS TR Inst 5.83 Russell Small Cap II Fund 5.52 PRUDENTIAL RETIREMENT REAL ESTATE FD 1.71 SSgA TIPS Series A 1.4 Total Number of Holdings 11 Morningstar Style Box as of 8-31-9 (EQ) ; 6-3-9 (F-I) Value Blend Growth Large Med Small Short Interm Long Morningstar Sectors as of 8-31-9 Fund% h Information 21.5 r Software 3.61 t Hardware 7.56 y Media 2.81 u Telecommunication 7.52 j Service 39.67 i Healthcare Service 11.38 o Consumer Service 7.7 p Business Service 4.36 a Financial Service 16.86 k Manufacturing 38.82 s Consumer Goods 12.76 d Industrial Materials 11.83 f Energy 1.48 g Utilities 3.75 High Med Low AFN41578 9-9 29 Morningstar, Inc., Morningstar Profiles 312-696-6. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of information. Past performance is no guarantee of future performance. Visit our investment website at www.morningstar.com. 37 Page1of2

Release Date: 9-3-29 Mutual GlidePath 225... Morningstar Category Overall Morningstar Rating Morningstar Return Morningstar Risk 225 Composite Target Date 221-225... Strategy The Mutual GlidePath 225SM Fund seeks to achieve long-term capital growth by investing in a diversified mix of asset classes and investment styles, which becomes increasingly conservative over time and through retirement. The Fund is designed for investors who intend to retire within 5 years of 225 and seek a simple method to achieve a broadly diversified portfolio that will gradually become more conservative in its allocation over time. The Fund invests in the corresponding target date fund of the Callan GlidePath Series, which utilizes both actively and passively managed investments and allocates its investments among Mellon Capital Russell 1 Index, Dodge & Cox International Equity, Capital Guardian All Country World (ex US), SSgA EAFE Index, Russell Small Cap, PIMCO Small Cap, Prudential PRREF, Fidelity (Pyramis) Core Plus Fixed Income, and Mellon Capital US Aggregate Bond Index. Fees and Expenses Fee.92% Operations and Management Product Inception Date 6-29-7 Initial Inception Date 7-1-7 Management Company Callan Associates Inc Volatility Analysis Low Moderate High Category The volatility measure is not displayed for investments with fewer than three years of history. The category average, however, is shown above. Allocation of Stocks and Bonds Performance 4 3 2 1-1 -2-3 Total Return% as of 9-3-9 Average annual, if greater than 1 year YTD 1 Year 3 Year 5 Year 1 Year Since Inception 21.58-2.83... -1.55 Fund Return % 19.58-3.56.... Return %... 23.9 -.56.... Category Average %...... Morningstar Rating...... # of Funds in Category Returns shown represent past performance which cannot guarantee future results and are net of investment fees, but not administrative fees. Your plan's specific returns may be lower. Also, current performance may be lower or higher than the performance data quoted above. Fund values and investment returns will vary and principal value, when redeemed, may be worth more or less than the original investment. Contact your plan administrator or access your online account at getretirementright.com for your plan's returns current to the most recent month-end. Consider the fund's investment objectives, risks, charges, and expenses before investing. Best 3 Month Return Worst 3 Month Return 25.34% -28.81% (Mar '9 - May '9) (Sep '8 - Nov '8) Notes The fund is designed to continue along the glidepath for an additional 2 years beyond the target retirement date. The average investment fee is for illustration purposes only and has been constructed according to the target allocations of each model. Actual investment fees accrue according to each underlying offering's position each day. The investment fee includes a.35% charge by United's retirement program product. Portfolio Analysis as of 8-31-9 Composition as of 8-31-9 Net% U.S. Stocks 49.8 Non-U.S. Stocks 24.6 Bonds 27.3 Cash -5.9 Other 4.2... -1-5 5 1 Total 1. Top 1 Holdings as of 8-31-9 Mellon Cap Mgt Corp. EB DL LgCap Stk Idx 43.62 Dodge & Cox International Stock 8.78 SSgA EAFE INDEX FUND 8.4 Capital Guardian ACWI (ExUS) Equity 8.24 Fidelity Pyramis Core Plus Co 8.3 Mellon Cap Mgt Corp. Agg Bond Idx 7.85 PIMCO Small Cap StocksPLUS TR Inst 6.83 Russell Small Cap II Fund 6.47 PRUDENTIAL RETIREMENT REAL ESTATE FD 1.77 Total Number of Holdings 9 Morningstar Style Box as of 8-31-9 (EQ) ; 6-3-9 (F-I) Value Blend Growth Large Med Small Short Interm Long Morningstar Sectors as of 8-31-9 Fund% h Information 21.43 r Software 3.57 t Hardware 7.44 y Media 2.87 u Telecommunication 7.55 j Service 39.71 i Healthcare Service 11.34 o Consumer Service 6.95 p Business Service 4.36 a Financial Service 17.6 k Manufacturing 38.89 s Consumer Goods 12.88 d Industrial Materials 11.88 f Energy 1.43 g Utilities 3.7 High Med Low AFN41579 9-9 29 Morningstar, Inc., Morningstar Profiles 312-696-6. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of information. Past performance is no guarantee of future performance. Visit our investment website at www.morningstar.com. 38 Page1of2

Release Date: 9-3-29 Mutual GlidePath 23... Morningstar Category Overall Morningstar Rating Morningstar Return Morningstar Risk 23 Composite Target Date 226-23... Strategy The Mutual GlidePath 23SM Fund seeks to achieve long-term capital growth by investing in a diversified mix of asset classes and investment styles, which becomes increasingly conservative over time and through retirement. The Fund is designed for investors who intend to retire within 5 years of 23 and seek a simple method to achieve a broadly diversified portfolio that will gradually become more conservative in its allocation over time. The Fund invests in the corresponding target date fund of the Callan GlidePath Series, which utilizes both actively and passively managed investments and allocates its investments among Mellon Capital Russell 1 Index, Dodge & Cox International Equity, Capital Guardian All Country World (ex US), SSgA EAFE Index, Russell Small Cap, PIMCO Small Cap, Prudential PRREF, Fidelity (Pyramis) Core Plus Fixed Income, and Mellon Capital US Aggregate Bond Index. Fees and Expenses Fee.89% Operations and Management Product Inception Date 6-29-7 Initial Inception Date 7-1-7 Management Company Callan Associates Inc Volatility Analysis Low Moderate High Category The volatility measure is not displayed for investments with fewer than three years of history. The category average, however, is shown above. Allocation of Stocks and Bonds Performance 4 3 2 1-1 -2-3 Total Return% as of 9-3-9 Average annual, if greater than 1 year YTD 1 Year 3 Year 5 Year 1 Year Since Inception 23.18-2.52... -11.2 Fund Return % 21.6-3.36.... Return %... 23.71-1.3.... Category Average %...... Morningstar Rating...... # of Funds in Category Returns shown represent past performance which cannot guarantee future results and are net of investment fees, but not administrative fees. Your plan's specific returns may be lower. Also, current performance may be lower or higher than the performance data quoted above. Fund values and investment returns will vary and principal value, when redeemed, may be worth more or less than the original investment. Contact your plan administrator or access your online account at getretirementright.com for your plan's returns current to the most recent month-end. Consider the fund's investment objectives, risks, charges, and expenses before investing. Best 3 Month Return Worst 3 Month Return 27.19% -3.34% (Mar '9 - May '9) (Sep '8 - Nov '8) Notes The fund is designed to continue along the glidepath for an additional 2 years beyond the target retirement date. The average investment fee is for illustration purposes only and has been constructed according to the target allocations of each model. Actual investment fees accrue according to each underlying offering's position each day. The investment fee includes a.35% charge by United's retirement program product. Portfolio Analysis as of 8-31-9 Composition as of 8-31-9 Net% U.S. Stocks 53. Non-U.S. Stocks 26.5 Bonds 23.7 Cash -6.4 Other 3.2... -1-5 5 1 Total 1. Top 1 Holdings as of 8-31-9 Mellon Cap Mgt Corp. EB DL LgCap Stk Idx 46.44 SSgA EAFE INDEX FUND 9.32 Capital Guardian ACWI (ExUS) Equity 9.15 Dodge & Cox International Stock 8.86 PIMCO Small Cap StocksPLUS TR Inst 7.32 Russell Small Cap II Fund 6.94 Fidelity Pyramis Core Plus Co 5.63 Mellon Cap Mgt Corp. Agg Bond Idx 5.51 PRUDENTIAL RETIREMENT REAL ESTATE FD.83 Total Number of Holdings 9 Morningstar Style Box as of 8-31-9 (EQ) ; 6-3-9 (F-I) Value Blend Growth Large Med Small Short Interm Long Morningstar Sectors as of 8-31-9 Fund% h Information 21.35 r Software 3.56 t Hardware 7.4 y Media 2.82 u Telecommunication 7.57 j Service 39.7 i Healthcare Service 11.3 o Consumer Service 6.96 p Business Service 4.37 a Financial Service 17.7 k Manufacturing 38.95 s Consumer Goods 12.9 d Industrial Materials 11.92 f Energy 1.4 g Utilities 3.73 High Med Low AFN4158 9-9 29 Morningstar, Inc., Morningstar Profiles 312-696-6. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of information. Past performance is no guarantee of future performance. Visit our investment website at www.morningstar.com. 39 Page1of2

Release Date: 9-3-29 Mutual GlidePath 235... Morningstar Category Overall Morningstar Rating Morningstar Return Morningstar Risk 235 Composite Target Date 231-235... Strategy The Mutual GlidePath 235SM Fund seeks to achieve long-term capital growth by investing in a diversified mix of asset classes and investment styles, which becomes increasingly conservative over time and through retirement. The Fund is designed for investors who intend to retire within 5 years of 235 and seek a simple method to achieve a broadly diversified portfolio that will gradually become more conservative in its allocation over time. The Fund invests in the corresponding target date fund of the Callan GlidePath Series, which utilizes both actively and passively managed investments and allocates its investments among Mellon Capital Russell 1 Index, Dodge & Cox International Equity, Capital Guardian All Country World (ex US), SSgA EAFE Index, Russell Small Cap, PIMCO Small Cap, Prudential PRREF, Fidelity (Pyramis) Core Plus Fixed Income, and Mellon Capital US Aggregate Bond Index. Fees and Expenses Fee.88% Operations and Management Product Inception Date 6-29-7 Initial Inception Date 7-1-7 Management Company Callan Associates Inc Volatility Analysis Low Moderate High Category The volatility measure is not displayed for investments with fewer than three years of history. The category average, however, is shown above. Allocation of Stocks and Bonds Performance 4 3 2 1-1 -2-3 Total Return% as of 9-3-9 Average annual, if greater than 1 year YTD 1 Year 3 Year 5 Year 1 Year Since Inception 23.75-2.52... -11.17 Fund Return % 22.65-3.5.... Return %... 24.38-1.6.... Category Average %...... Morningstar Rating...... # of Funds in Category Returns shown represent past performance which cannot guarantee future results and are net of investment fees, but not administrative fees. Your plan's specific returns may be lower. Also, current performance may be lower or higher than the performance data quoted above. Fund values and investment returns will vary and principal value, when redeemed, may be worth more or less than the original investment. Contact your plan administrator or access your online account at getretirementright.com for your plan's returns current to the most recent month-end. Consider the fund's investment objectives, risks, charges, and expenses before investing. Best 3 Month Return Worst 3 Month Return 28.7% -31.% (Mar '9 - May '9) (Sep '8 - Nov '8) Notes The fund is designed to continue along the glidepath for an additional 2 years beyond the target retirement date. The average investment fee is for illustration purposes only and has been constructed according to the target allocations of each model. Actual investment fees accrue according to each underlying offering's position each day. The investment fee includes a.35% charge by United's retirement program product. Portfolio Analysis as of 8-31-9 Composition as of 8-31-9 Net% U.S. Stocks 53.8 Non-U.S. Stocks 27.9 Bonds 22. Cash -6.9 Other 3.3... -1-5 5 1 Total 1. Top 1 Holdings as of 8-31-9 Mellon Cap Mgt Corp. EB DL LgCap Stk Idx 46.76 Dodge & Cox International Stock 9.74 SSgA EAFE INDEX FUND 9.62 Capital Guardian ACWI (ExUS) Equity 9.46 PIMCO Small Cap StocksPLUS TR Inst 7.82 Russell Small Cap II Fund 7.41 Fidelity Pyramis Core Plus Co 4.22 Mellon Cap Mgt Corp. Agg Bond Idx 4.12 PRUDENTIAL RETIREMENT REAL ESTATE FD.86 Total Number of Holdings 9 Morningstar Style Box as of 8-31-9 (EQ) ; 6-3-9 (F-I) Value Blend Growth Large Med Small Short Interm Long Morningstar Sectors as of 8-31-9 Fund% h Information 21.33 r Software 3.54 t Hardware 7.35 y Media 2.86 u Telecommunication 7.58 j Service 39.71 i Healthcare Service 11.29 o Consumer Service 6.89 p Business Service 4.37 a Financial Service 17.16 k Manufacturing 38.95 s Consumer Goods 12.95 d Industrial Materials 11.93 f Energy 1.38 g Utilities 3.69 High Med Low AFN41581 9-9 29 Morningstar, Inc., Morningstar Profiles 312-696-6. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of information. Past performance is no guarantee of future performance. Visit our investment website at www.morningstar.com. 4 Page1of2

Release Date: 9-3-29 Mutual GlidePath 24... Morningstar Category Overall Morningstar Rating Morningstar Return Morningstar Risk 24 Composite Target Date 236-24... Strategy The Mutual GlidePath 24SM Fund seeks to achieve long-term capital growth by investing in a diversified mix of asset classes and investment styles, which becomes increasingly conservative over time and through retirement. The Fund is designed for investors who intend to retire within 5 years of 24 and seek a simple method to achieve a broadly diversified portfolio that will gradually become more conservative in its allocation over time. The Fund invests in the corresponding target date fund of the Callan GlidePath Series, which utilizes both actively and passively managed investments and allocates its investments among Mellon Capital Russell 1 Index, Dodge & Cox International Equity, Capital Guardian All Country World (ex US), SSgA EAFE Index, Russell Small Cap, PIMCO Small Cap, Prudential PRREF, Fidelity (Pyramis) Core Plus Fixed Income, and Mellon Capital US Aggregate Bond Index. Fees and Expenses Fee.88% Operations and Management Product Inception Date 6-29-7 Initial Inception Date 7-1-7 Management Company Callan Associates Inc Volatility Analysis Low Moderate High Category The volatility measure is not displayed for investments with fewer than three years of history. The category average, however, is shown above. Allocation of Stocks and Bonds Performance 4 3 2 1-1 -2-3 Total Return% as of 9-3-9 Average annual, if greater than 1 year YTD 1 Year 3 Year 5 Year 1 Year Since Inception 23.83-2.77... -11.21 Fund Return % 22.65-3.5.... Return %... 25.24-2..... Category Average %...... Morningstar Rating...... # of Funds in Category Returns shown represent past performance which cannot guarantee future results and are net of investment fees, but not administrative fees. Your plan's specific returns may be lower. Also, current performance may be lower or higher than the performance data quoted above. Fund values and investment returns will vary and principal value, when redeemed, may be worth more or less than the original investment. Contact your plan administrator or access your online account at getretirementright.com for your plan's returns current to the most recent month-end. Consider the fund's investment objectives, risks, charges, and expenses before investing. Best 3 Month Return Worst 3 Month Return 27.73% -3.83% (Mar '9 - May '9) (Sep '8 - Nov '8) Notes The fund is designed to continue along the glidepath for an additional 2 years beyond the target retirement date. The average investment fee is for illustration purposes only and has been constructed according to the target allocations of each model. Actual investment fees accrue according to each underlying offering's position each day. The investment fee includes a.35% charge by United's retirement program product. Portfolio Analysis as of 8-31-9 Composition as of 8-31-9 Net% U.S. Stocks 53.8 Non-U.S. Stocks 27.9 Bonds 22. Cash -6.9 Other 3.2... -1-5 5 1 Total 1. Top 1 Holdings as of 8-31-9 Mellon Cap Mgt Corp. EB DL LgCap Stk Idx 46.79 SSgA EAFE INDEX FUND 9.84 Capital Guardian ACWI (ExUS) Equity 9.66 Dodge & Cox International Stock 9.26 PIMCO Small Cap StocksPLUS TR Inst 7.81 Russell Small Cap II Fund 7.41 Fidelity Pyramis Core Plus Co 4.25 Mellon Cap Mgt Corp. Agg Bond Idx 4.15 PRUDENTIAL RETIREMENT REAL ESTATE FD.82 Total Number of Holdings 9 Morningstar Style Box as of 8-31-9 (EQ) ; 6-3-9 (F-I) Value Blend Growth Large Med Small Short Interm Long Morningstar Sectors as of 8-31-9 Fund% h Information 21.3 r Software 3.55 t Hardware 7.34 y Media 2.82 u Telecommunication 7.59 j Service 39.71 i Healthcare Service 11.27 o Consumer Service 6.91 p Business Service 4.38 a Financial Service 17.15 k Manufacturing 38.99 s Consumer Goods 12.95 d Industrial Materials 11.95 f Energy 1.37 g Utilities 3.72 High Med Low AFN41582 9-9 29 Morningstar, Inc., Morningstar Profiles 312-696-6. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of information. Past performance is no guarantee of future performance. Visit our investment website at www.morningstar.com. 41 Page1of2

Release Date: 9-3-29 Mutual GlidePath 245... Morningstar Category Overall Morningstar Rating Morningstar Return Morningstar Risk 245 Composite Target Date 241-245... Strategy The Mutual GlidePath 245SM Fund seeks to achieve long-term capital growth by investing in a diversified mix of asset classes and investment styles, which becomes increasingly conservative over time and through retirement. The Fund is designed for investors who intend to retire within 5 years of 245 and seek a simple method to achieve a broadly diversified portfolio that will gradually become more conservative in its allocation over time. The Fund invests in the corresponding target date fund of the Callan GlidePath Series, which utilizes both actively and passively managed investments and allocates its investments among Mellon Capital Russell 1 Index, Dodge & Cox International Equity, Capital Guardian All Country World (ex US), SSgA EAFE Index, Russell Small Cap, PIMCO Small Cap, Prudential PRREF, Fidelity (Pyramis) Core Plus Fixed Income, and Mellon Capital US Aggregate Bond Index. Fees and Expenses Fee.88% Operations and Management Product Inception Date 6-29-7 Initial Inception Date 7-1-7 Management Company Callan Associates Inc Volatility Analysis Low Moderate High Category The volatility measure is not displayed for investments with fewer than three years of history. The category average, however, is shown above. Allocation of Stocks and Bonds Performance 4 3 2 1-1 -2-3 Total Return% as of 9-3-9 Average annual, if greater than 1 year YTD 1 Year 3 Year 5 Year 1 Year Since Inception 24.2-2.42... -11.14 Fund Return % 22.65-3.5.... Return %... 25.4-2.9.... Category Average %...... Morningstar Rating...... # of Funds in Category Returns shown represent past performance which cannot guarantee future results and are net of investment fees, but not administrative fees. Your plan's specific returns may be lower. Also, current performance may be lower or higher than the performance data quoted above. Fund values and investment returns will vary and principal value, when redeemed, may be worth more or less than the original investment. Contact your plan administrator or access your online account at getretirementright.com for your plan's returns current to the most recent month-end. Consider the fund's investment objectives, risks, charges, and expenses before investing. Best 3 Month Return Worst 3 Month Return 28.4% -31.2% (Mar '9 - May '9) (Sep '8 - Nov '8) Notes The fund is designed to continue along the glidepath for an additional 2 years beyond the target retirement date. The average investment fee is for illustration purposes only and has been constructed according to the target allocations of each model. Actual investment fees accrue according to each underlying offering's position each day. The investment fee includes a.35% charge by United's retirement program product. Portfolio Analysis as of 8-31-9 Composition as of 8-31-9 Net% U.S. Stocks 53.8 Non-U.S. Stocks 27.9 Bonds 21.9 Cash -6.9 Other 3.3... -1-5 5 1 Total 1. Top 1 Holdings as of 8-31-9 Mellon Cap Mgt Corp. EB DL LgCap Stk Idx 46.75 Dodge & Cox International Stock 9.9 SSgA EAFE INDEX FUND 9.54 Capital Guardian ACWI (ExUS) Equity 9.37 PIMCO Small Cap StocksPLUS TR Inst 7.82 Russell Small Cap II Fund 7.41 Fidelity Pyramis Core Plus Co 4.21 Mellon Cap Mgt Corp. Agg Bond Idx 4.12 PRUDENTIAL RETIREMENT REAL ESTATE FD.88 Total Number of Holdings 9 Morningstar Style Box as of 8-31-9 (EQ) ; 6-3-9 (F-I) Value Blend Growth Large Med Small Short Interm Long Morningstar Sectors as of 8-31-9 Fund% h Information 21.34 r Software 3.54 t Hardware 7.36 y Media 2.87 u Telecommunication 7.57 j Service 39.72 i Healthcare Service 11.3 o Consumer Service 6.89 p Business Service 4.36 a Financial Service 17.17 k Manufacturing 38.94 s Consumer Goods 12.95 d Industrial Materials 11.92 f Energy 1.39 g Utilities 3.68 High Med Low AFN41583 9-9 29 Morningstar, Inc., Morningstar Profiles 312-696-6. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of information. Past performance is no guarantee of future performance. Visit our investment website at www.morningstar.com. 42 Page1of2

Release Date: 9-3-29 Mutual GlidePath 25... Morningstar Category Overall Morningstar Rating Morningstar Return Morningstar Risk 25 Composite Target Date 25+... Strategy The Mutual GlidePath 25SM Fund seeks to achieve long-term capital growth by investing in a diversified mix of asset classes and investment styles, which becomes increasingly conservative over time and through retirement. The Fund is designed for investors who intend to retire within 5 years of 25 and seek a simple method to achieve a broadly diversified portfolio that will gradually become more conservative in its allocation over time. The Fund invests in the corresponding target date fund of the Callan GlidePath Series, which utilizes both actively and passively managed investments and allocates its investments among Mellon Capital Russell 1 Index, Dodge & Cox International Equity, Capital Guardian All Country World (ex US), SSgA EAFE Index, Russell Small Cap, PIMCO Small Cap, Prudential PRREF, Fidelity (Pyramis) Core Plus Fixed Income, and Mellon Capital US Aggregate Bond Index. Fees and Expenses Fee.88% Operations and Management Product Inception Date 1-1-9 Initial Inception Date 1-1-9 Management Company Callan Associates Inc Volatility Analysis Low Moderate High Category The volatility measure is not displayed for investments with fewer than three years of history. The category average, however, is shown above. Allocation of Stocks and Bonds Performance 2 15 1 5-5 -1-15 Total Return% as of 9-3-9 Average annual, if greater than 1 year YTD 1 Year 3 Year 5 Year 1 Year Since Inception...... Fund Return %...... Return %......... Category Average %...... Morningstar Rating...... # of Funds in Category Returns shown represent past performance which cannot guarantee future results and are net of investment fees, but not administrative fees. Your plan's specific returns may be lower. Also, current performance may be lower or higher than the performance data quoted above. Fund values and investment returns will vary and principal value, when redeemed, may be worth more or less than the original investment. Contact your plan administrator or access your online account at getretirementright.com for your plan's returns current to the most recent month-end. Consider the fund's investment objectives, risks, charges, and expenses before investing. Best 3 Month Return Worst 3 Month Return.. Notes The fund is designed to continue along the glidepath for an additional 2 years beyond the target retirement date. The average investment fee is for illustration purposes only and has been constructed according to the target allocations of each model. Actual investment fees accrue according to each underlying offering's position each day. The investment fee includes a.35% charge by United's retirement program product. Portfolio Analysis Composition Not Available Top 1 Holdings Not Available U.S. Stocks. Non-U.S. Stocks. Bonds. Cash. Other. Morningstar Style Box as of 9-3-9 (EQ) ; 9-3-9 (F-I) Not Available Not Available Morningstar Sectors Fund% h Information. r Software. t Hardware. y Media. u Telecommunication. j Service. i Healthcare Service. o Consumer Service. p Business Service. a Financial Service. k Manufacturing. s Consumer Goods. d Industrial Materials. f Energy. g Utilities. AFN4211 9-9 29 Morningstar, Inc., Morningstar Profiles 312-696-6. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of information. Past performance is no guarantee of future performance. Visit our investment website at www.morningstar.com. 43 Page1of2

Release Date: 9-3-29 Mutual GlidePath 255... Morningstar Category Overall Morningstar Rating Morningstar Return Morningstar Risk 255 Composite Target Date 25+... Strategy The Mutual GlidePath 255SM Fund seeks to achieve long-term capital growth by investing in a diversified mix of asset classes and investment styles, which becomes increasingly conservative over time and through retirement. The Fund is designed for investors who intend to retire within 5 years of 255 and seek a simple method to achieve a broadly diversified portfolio that will gradually become more conservative in its allocation over time. The Fund invests in the corresponding target date fund of the Callan GlidePath Series, which utilizes both actively and passively managed investments and allocates its investments among Mellon Capital Russell 1 Index, Dodge & Cox International Equity, Capital Guardian All Country World (ex US), SSgA EAFE Index, Russell Small Cap, PIMCO Small Cap, Prudential PRREF, Fidelity (Pyramis) Core Plus Fixed Income, and Mellon Capital US Aggregate Bond Index. Fees and Expenses Fee.88% Operations and Management Product Inception Date 1-1-9 Initial Inception Date 1-1-9 Management Company Callan Associates Inc Volatility Analysis Low Moderate High Category The volatility measure is not displayed for investments with fewer than three years of history. The category average, however, is shown above. Allocation of Stocks and Bonds Performance 2 15 1 5-5 -1-15 Total Return% as of 9-3-9 Average annual, if greater than 1 year YTD 1 Year 3 Year 5 Year 1 Year Since Inception...... Fund Return %...... Return %......... Category Average %...... Morningstar Rating...... # of Funds in Category Returns shown represent past performance which cannot guarantee future results and are net of investment fees, but not administrative fees. Your plan's specific returns may be lower. Also, current performance may be lower or higher than the performance data quoted above. Fund values and investment returns will vary and principal value, when redeemed, may be worth more or less than the original investment. Contact your plan administrator or access your online account at getretirementright.com for your plan's returns current to the most recent month-end. Consider the fund's investment objectives, risks, charges, and expenses before investing. Best 3 Month Return Worst 3 Month Return.. Notes The fund is designed to continue along the glidepath for an additional 2 years beyond the target retirement date. The average investment fee is for illustration purposes only and has been constructed according to the target allocations of each model. Actual investment fees accrue according to each underlying offering's position each day. The investment fee includes a.35% charge by United's retirement program product. Portfolio Analysis Composition Not Available Top 1 Holdings Not Available U.S. Stocks. Non-U.S. Stocks. Bonds. Cash. Other. Morningstar Style Box as of 9-3-9 (EQ) ; 9-3-9 (F-I) Not Available Not Available Morningstar Sectors Fund% h Information. r Software. t Hardware. y Media. u Telecommunication. j Service. i Healthcare Service. o Consumer Service. p Business Service. a Financial Service. k Manufacturing. s Consumer Goods. d Industrial Materials. f Energy. g Utilities. AFN4212 9-9 29 Morningstar, Inc., Morningstar Profiles 312-696-6. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of information. Past performance is no guarantee of future performance. Visit our investment website at www.morningstar.com. 44 Page1of2

Release Date: 9-3-29 Bond Index Fund... Morningstar Category Overall Morningstar Rating Morningstar Return Morningstar Risk BarCap US Govt/Credit TR USD Intermediate-Term Bond QQQ Average Above Average Rated against 954 Intermediate-Term Bond funds. An investment's overall Morningstar Rating, based on its risk-adjusted return, is a weighted average of its applicable 3-, 5-, and 1-year Ratings. See disclosure for details. Strategy The investment seeks to match the total return ofthe Barclays Capital Government/Credit Index while minimizing tracking error. The fund employs a passive bond indexing process. It seeks to match the return ofthe Barclays Capital Government/Credit Index by investing in a well-diversified portfolio of government and corporate securities. It is managed duration neutral to the Index at all times. Overall sector and quality weightings are also matched to the Index, with individual security selection based upon criteria generated by SSgA's credit and research group, security availability, and SSgA's analysis ofits impact on portfolio weightings. Fees and Expenses Fee.49% Operations and Management Product Inception Date 12-1-97 Initial Inception Date 1-1-97 Management Company State Street Global Advisors Ltd. Volatility Analysis Low Moderate High Category In the past, this investment has shown a relatively small range ofprice fluctuations relative to other investments. Based on this measure, currently more than two thirds ofall investments in this category have shown higher levels of risk. Consequently, this investment may appeal to investors looking for a conservative investment strategy. Best 3 Month Return Worst 3 Month Return 7.54% -4.22% (Nov '8 - Jan '9) (Aug '8 - Oct '8) Notes Fund invests in the State Street Global Advisors Passive Government Credit Bond Index Series Fund, a bank commingled fund for tax exempt retirement plans. Performance 2 15 1 5-5 -1-15 Total Return% as of9-3-9 Average annual, ifgreater than 1 year YTD 1 Year 3 Year 5 Year 1 Year Since Inception 4.52 11.18 5.92 4.52 5.86 5.85 Fund Return % 4.74 11.46 6.25 4.92 6.32. Return % 12.5 11.81 4.47 3.82 5.38. Category Average %..... QQQ QQQ QQQ. Morningstar Rating.. 954 836 48. # offunds in Category Returns shown represent past performance which cannot guarantee future results and are net of investment fees, but not administrative fees. Your plan's specific returns may be lower. Also, current performance may be lower or higher than the performance data quoted above. Fund values and investment returns will vary and principal value, when redeemed, may be worth more or less than the original investment. Contact your plan administrator or access your online account at getretirementright.com for your plan's returns current to the most recent month-end. Consider the fund's investment objectives, risks, charges, and expenses before investing. Growth of $1, as of 9-3-9 $17,325 $18,136 25 2 15 1K 5 1999 2 21 22 23 24 25 26 27 28 9-9 Portfolio Analysis as of6-3-9 Composition as of6-3-9 U.S. Stocks. Non-U.S. Stocks. Bonds 98.9 Cash 1. Other.1 Top 1 Holdings as of6-3-9 US Treasury Note 2-15-19.77 US Treasury Note 11-15-18.74 US Treasury Note.875% 5-31-11.64 US Treasury Note.875% 2-28-11.6 US Treasury Note 87.5% 1-31-11.59 US Treasury Note.875% 4-3-11.57 US TREASURY NOTE 12-31-1.56 US Treasury Note 3-31-11.55 US Treasury Note 11-3-1.54 US Treasury Note 1.375% 5-15-12.53 Total Number ofstock Holdings Total Number ofbond Holdings 3636 Morningstar Style Box as of6-3-9 Avg Eff Duration 5.21 Avg Eff Maturity 7.35 Avg Credit Quality AA Avg Wtd Coupon 4.79 Avg Wtd Price 14.6 Short Interm Long High Med Low Morningstar Sectors as of6-3-9 Fund% Category% U.S. Credit 3.36 31.33 Non-U.S. Credit 1.51 6.42 Mortgage 1.3 29.3 U.S. Government 57.13 15.75 Cash.97 11.93 Credit Analysis as of6-3-9 AAA 64 AA 6 A 16 BBB 13 BB B Below B NR/NA % Bonds 25 5 75 1 AFN41544 9-9 29 Morningstar, Inc., Morningstar Profiles 312-696-6. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of information. Past performance is no guarantee of future performance. Visit our investment website at www.morningstar.com. 45 Page1of2

Release Date: 9-3-29 Goldman Sachs High Yield Fund... Morningstar Category Overall Morningstar Rating Morningstar Return Morningstar Risk BarCap US Corporate High Yield TR USD High Yield Bond QQQQ Above Average Above Average Rated against 466 High Yield Bond funds. An investment's overall Morningstar Rating, based on its risk-adjusted return, is a weighted average of its applicable 3-, 5-, and 1-year Ratings. See disclosure for details. Strategy The investment seeks current income; capital appreciation is a secondary consideration. The fund normally invests at least 8% of assets in fixed-income securities that are non-investment grade securities. It may invest up to 25% of assets in obligations of domestic and foreign issuers that are denominated in foreign currencies and up to 2% of assets in investment grade fixed-income securities, including U.S. Government securities. The fund may also invest in common stocks, warrants, rights and other equity securities. It may purchase the securities of issuers that are in default. Fees and Expenses Fee 1.3% Operations and Management Product Inception Date 4-2-7 Initial Inception Date 8-1-97 Management Company Goldman Sachs Asset Management, L.P. Volatility Analysis Low Moderate High Category In the past, this investment has shown a relatively moderate range of price fluctuations relative to other investments. This investment may experience larger or smaller price declines or price increases depending on market conditions. Some of this risk may be offset by owning other investments with different portfolio makeups or investment strategies. Best 3 Month Return Worst 3 Month Return 18.51% -27.93% (Apr '9 - Jun '9) (Sep '8 - Nov '8) Notes Institutional Class, inception 8/1/97. The investment fee includes a.3% charge by United's retirement program product. Performance 8 6 4 2-2 -4-6 Total Return% as of 9-3-9 Average annual, if greater than 1 year YTD 1 Year 3 Year 5 Year 1 Year Since Inception 42.67 16.9 2.96 5. 6.17 5.78 Fund Return % 48.98 22.34 5.31 6.13 6.25. Return % 38.86 13.16 2.57 4.11 4.47. Category Average %..... QQQ QQQ QQQQ. Morningstar Rating.. 466 4 257. # of Funds in Category Returns shown represent past performance which cannot guarantee future results and are net of investment fees, but not administrative fees. Your plan's specific returns may be lower. Also, current performance may be lower or higher than the performance data quoted above. Fund values and investment returns will vary and principal value, when redeemed, may be worth more or less than the original investment. Contact your plan administrator or access your online account at getretirementright.com for your plan's returns current to the most recent month-end. Consider the fund's investment objectives, risks, charges, and expenses before investing. Growth of $1, as of 9-3-9 $18,472 $18,468 25 2 15 1K 5 1999 2 21 22 23 24 25 26 27 28 9-9 Portfolio Analysis as of 6-3-9 Composition as of 6-3-9 U.S. Stocks.1 Non-U.S. Stocks. Bonds 86.9 Cash 1.2 Other 2.8 Morningstar Style Box as of 3-31-9 Avg Eff Duration 3.26 Avg Eff Maturity. Avg Credit Quality BB Avg Wtd Coupon 8.15 Avg Wtd Price 91.19 Short IntermLong High Med Low Top 1 Holdings as of 6-3-9 Nordic Tele 8.25% 5-1-16.74 Sprint Cap 6.9% 5-1-19.74 WIND ACQUISITION FINANCE SA 12-1-15.67 DIRECTV HLDGS LLC / DIRECTV 5-15-16.63 US ONCOLOGY INC 8-15-17.62 Sungard Data Sys 1.25% 8-15-15.6 Wells Fargo Cap Xiii FRN 12-29-49.57 Ford Motor Credit 7.25% 1-25-11.54 FIRST DATA 9-24-15.52 Gmac 144A 6.875% 9-15-11.51 Total Number of Stock Holdings 17 Total Number of Bond Holdings 754 Morningstar Sectors as of 6-3-9 Fund% Category% U.S. Credit 73.32 77.91 Non-U.S. Credit 16.4 9.66 Mortgage..66 U.S. Government..39 Cash 1.28 7.74 Credit Analysis as of 3-31-9 AAA 12 AA A BBB 6 BB 29 B 37 Below B 15 NR/NA % Bonds 25 5 75 1 AFN41542 9-9 29 Morningstar, Inc., Morningstar Profiles 312-696-6. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of information. Past performance is no guarantee of future performance. Visit our investment website at www.morningstar.com. 46 Page1of2

Release Date: 9-3-29 Guaranteed Account... Morningstar Category Overall Morningstar Rating Morningstar Return Morningstar Risk. Stable Value QQQQ Above Average Low Rated against 351 Short-Term Bond funds. An investment's overall Morningstar Rating, based on its risk-adjusted return, is a weighted average of its applicable 3-, 5-, and 1-year Ratings. See disclosure for details. Strategy The Guaranteed Account seeks to provide safety of principal and guaranteed rates of interest. The Guaranteed Account is an insurance company guarantee, backed by the applicable underwriting company's general asset account, which offers competitive, consistent investment returns relative to its asset category. The Guaranteed Account has no fluctuation of principal and offers liquidity to withdraw funds for benefits payments and investment elections. The underwriting company's general asset account is a well-diversified, managed portfolio of bonds, mortgage loans, and other appropriate investments. The general asset account investment policy strictly limits the bond holdings by type, quality, and maturity to create a stable low-risk bond portfolio. The general asset account has appropriate asset/liability management strategies which are utilized to insulate portfolio assets from the effects of adverse interest rate movements and to offer competitive, risk-adjusted returns. Fees and Expenses Fee. Operations and Management Product Inception Date 12-1-97 Initial Inception Date 12-1-91 Management Company. Notes Guaranteed daily compound interest rates are declared by United of Omaha and have been reduced for all investment and administrative expenses. The Guaranteed Account is an individual investment choice and is not part of the program used by Mutual of Omaha to monitor investment options in the Retirement Savings Program. The illustrated returns are intended for historical comparison only and are not intended to represent actual returns for any individual contract. Actual returns will vary for each contract and will depend on the timing of the deposits and withdrawals. For this illustration, returns are calculated assuming that a $1 deposit is invested at the beginning of each month (starting 12/91), held in the contract for five years and then withdrawn with interest at the end of those five years. The resulting returns are the weighted average of the initial guaranteed rates for the prior 6-month period. Investors who redeem, transfer or exchange any amount out of the Guaranteed Account must wait sixty (6) calendar days before transferring or exchanging any amount back into the Account. Performance 2 15 1 5-5 -1-15 Total Return% as of 9-3-9 Average annual, if greater than 1 year YTD 1 Year 3 Year 5 Year 1 Year Since Inception 2.85 3.84 3.8 4. 4.94 5.37 Fund Return %...... Return % 8.34 6.85 3.54 3.13 4.16. Category Average %..... QQQ QQQQ QQQQ. Morningstar Rating.. 351 33 161. # of Funds in Category Returns shown represent past performance which cannot guarantee future results and are net of investment fees, but not administrative fees. Your plan's specific returns may be lower. Also, current performance may be lower or higher than the performance data quoted above. Fund values and investment returns will vary and principal value, when redeemed, may be worth more or less than the original investment. Contact your plan administrator or access your online account at getretirementright.com for your plan's returns current to the most recent month-end. Consider the fund's investment objectives, risks, charges, and expenses before investing. Growth of $1, as of 9-3-9 $16,949 25 2 15 1K 5 1999 2 21 22 23 24 25 26 27 28 9-9 Portfolio Analysis as of 6-3-9 Composition as of 6-3-9 Synthetic GIC. Traditional GIC. Cash 3.6 Other 96.4 Volatility Analysis Risk: Below Average In the past, this investment has shown a relatively small range of price fluctuations relative to other investments. Based on this measure, currently more than two thirds of all investments in this category have shown higher levels of risk. Consequently, this investment may appeal to investors looking for a conservative investment strategy. Morningstar Style Box as of 6-3-9 Short Interm Long High Med Low AFN41545 9-9 29 Morningstar, Inc., Morningstar Profiles 312-696-6. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of information. Past performance is no guarantee of future performance. Visit our investment website at www.morningstar.com. 47 Page1of2

Release Date: 9-3-29 Metropolitan West Total Return Bond Fund... Morningstar Category Overall Morningstar Rating Morningstar Return Morningstar Risk BarCap US Agg Bond TR USD Intermediate-Term Bond QQQQQ High Average Rated against 954 Intermediate-Term Bond funds. An investment's overall Morningstar Rating, based on its risk-adjusted return, is a weighted average of its applicable 3-, 5-, and 1-year Ratings. See disclosure for details. Strategy The investment seeks to maximize long-term total return. The fund normally invests at least 8% of net assets in investment grade securities. It may invest up to 25% of assets in foreign securities that are denominated in U.S. dollars. The fund may invest up to 15% of assets in securities of foreign issuers that are not denominated in U.S. dollars. It may invest up to 1% of assets in emerging market foreign securities. Fees and Expenses Fee.79% Operations and Management Product Inception Date 3-31- Initial Inception Date 3-31- Management Company Metropolitan West Asset Management LLC. Volatility Analysis Low Moderate High Category In the past, this investment has shown a relatively small range of price fluctuations relative to other investments. Based on this measure, currently more than two thirds of all investments in this category have shown higher levels of risk. Consequently, this investment may appeal to investors looking for a conservative investment strategy. Best 3 Month Return Worst 3 Month Return 9.7% -6.65% (Jul '9 - Sep '9) (May '2 - Jul '2) Notes Institutional Class, inception 3/31/. The investment fee includes a.35% charge by United's retirement program product. Performance 4 3 2 1-1 -2-3 Total Return% as of 9-3-9 Average annual, if greater than 1 year YTD 1 Year 3 Year 5 Year 1 Year Since Inception 14.59 15.93 7.15 6.12. 6.53 Fund Return % 5.72 1.56 6.41 5.13.. Return %... 12.5 11.81 4.47 3.82.. Category Average %.. QQQQ QQQQQ.. Morningstar Rating.. 954 836.. # of Funds in Category Returns shown represent past performance which cannot guarantee future results and are net of investment fees, but not administrative fees. Your plan's specific returns may be lower. Also, current performance may be lower or higher than the performance data quoted above. Fund values and investment returns will vary and principal value, when redeemed, may be worth more or less than the original investment. Contact your plan administrator or access your online account at getretirementright.com for your plan's returns current to the most recent month-end. Consider the fund's investment objectives, risks, charges, and expenses before investing. Growth of $1, as of 9-3-9 $18,244 $18,39 25 2 15 1K 5 1999 2 21 22 23 24 25 26 27 28 9-9 Portfolio Analysis as of 6-3-9 Composition as of 6-3-9 U.S. Stocks. Non-U.S. Stocks. Bonds 92.2 Cash 5.2 Other 2.6 Morningstar Style Box as of 6-3-9 Avg Eff Duration 4.2 Avg Eff Maturity 5.51 Avg Credit Quality AA Avg Wtd Coupon 5.66 Avg Wtd Price 91.1 Short Interm Long High Med Low Top 1 Holdings as of 6-3-9 Gnma Tba 3.48 FNMA 2.44 US Treasury Bond 1.75% 1-15-28 1.98 Fnma Tba 1.87 FHLMC 5.5% 8-1-38 1.49 FHLMC 6% 11-1-37 1.13 FNMA 5.5% 2-1-35 1.1 FNMA 4.5% 6-1-35 1.9 FHLMC 3-1-38 1.3 FNMA 5% 11-1-33 1.3 Total Number of Stock Holdings 1 Total Number of Bond Holdings 669 Morningstar Sectors as of 6-3-9 Fund% Category% U.S. Credit 27.41 31.33 Non-U.S. Credit 3.24 6.42 Mortgage 5.63 29.3 U.S. Government 13.38 15.75 Cash 5.34 11.93 Credit Analysis as of 6-3-9 AAA 66 AA 8 A 12 BBB 8 BB 7 B Below B NR/NA % Bonds 25 5 75 1 AFN41525 9-9 29 Morningstar, Inc., Morningstar Profiles 312-696-6. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of information. Past performance is no guarantee of future performance. Visit our investment website at www.morningstar.com. 48 Page1of2

Release Date: 9-3-29 Artio International Equity Fund II... Morningstar Category Overall Morningstar Rating Morningstar Return Morningstar Risk MSCI AC World Ex USA GR USD Foreign Large Blend QQQQ Above Average Below Average Rated against 6 Foreign Large Blend funds. An investment's overall Morningstar Rating, based on its risk-adjusted return, is a weighted average of its applicable 3-, 5-, and 1-year Ratings. See disclosure for details. Strategy The investment seeks long term growth of capital. The fund invests 8% of assets in international equities. It may at times invest all of assets in fewer than five countries. The fund may at times invest at least 65% of total assets in no fewer than three different countries outside the U.S. It invests up to 35% of total assets in emerging-market securities. Fees and Expenses Fee 1.35% Operations and Management Product Inception Date 4-2-7 Initial Inception Date 5-4-5 Management Company Artio Global Management, LLC Volatility Analysis Low Moderate High Category In the past, this investment has shown a wide range of price fluctuations relative to other investments. This investment may experience significant price increases in favorable markets or undergo large price declines in adverse markets. Some of this risk may be offset by owning other investments that follow different investment strategies. Best 3 Month Return Worst 3 Month Return 3.49% -31.64% (Mar '9 - May '9) (Sep '8 - Nov '8) Notes Institutional Class, inception 5/4/5. The investment fee includes a.35% charge by United's retirement program product. The Fund name changed from Julius Baer to Artio effective 1/13/8. Performance 6 45 3 15-15 -3-45 Total Return% as of 9-3-9 Average annual, if greater than 1 year YTD 1 Year 3 Year 5 Year 1 Year Since Inception 21.64 1.9-1.78.. 5.89 Fund Return % 36.95 6.43 -.78... Return %... 27.72 1.6-3.95... Category Average %.. QQQQ... Morningstar Rating.. 6... # of Funds in Category Returns shown represent past performance which cannot guarantee future results and are net of investment fees, but not administrative fees. Your plan's specific returns may be lower. Also, current performance may be lower or higher than the performance data quoted above. Fund values and investment returns will vary and principal value, when redeemed, may be worth more or less than the original investment. Contact your plan administrator or access your online account at getretirementright.com for your plan's returns current to the most recent month-end. Consider the fund's investment objectives, risks, charges, and expenses before investing. Growth of $1, as of 9-3-9 $12,882 $13,367 25 2 15 1K 5 1999 2 21 22 23 24 25 26 27 28 9-9 Portfolio Analysis as of 7-31-9 Composition as of 7-31-9 U.S. Stocks.2 Non-U.S. Stocks 79.2 Bonds.1 Cash 18.8 Other 1.7 Morningstar Style Box as of 7-31-9 % Mkt Cap Giant 65.2... Large 23.99 Medium 1.66 Small.27... Micro.6 Value Blend Growth Large Mid Small Top 1 Holdings as of 7-31-9 TOPIX Index (Fut) 9-11-9 3.84 Hang Seng (Fut) 8-28-9 3.31 Asx Spi 2 Index Futures Sep9 Xsfe 9-17-9 2.4 Kospi 2 (Fut) 9-1-9 1.84 Komercni banka 1.45 Taiex (Fut) 8-19-9 1.37 Novartis 1.29 Nestle 1.28 HSBC Holdings PLC 1.23 Hang Seng China Ent (Fut) 8-28-9 1.19 Total Number of Stock Holdings 49 Total Number of Bond Holdings 1 Morningstar World Regions as of 7-31-9 Fund% Americas 6.64 North America 4.44 Latin America 2.2 Greater Europe 73.55 United Kingdom 18.52 Europe Developed 47.5 Europe Emerging 7.29 Africa/Middle East.69 Greater Asia 19.81 Japan 1.61 Australasia 3.47 Asia Developed 3.37 Asia Emerging 2.35 AFN41631 9-9 29 Morningstar, Inc., Morningstar Profiles 312-696-6. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of information. Past performance is no guarantee of future performance. Visit our investment website at www.morningstar.com. 49 Page1of2

Release Date: 9-3-29 International Emerging Markets Fund... Morningstar Category Overall Morningstar Rating Morningstar Return Morningstar Risk MSCI EM GR USD Diversified Emerging Mkts QQQ Average Average Rated against 255 Diversified Emerging Mkts funds. An investment's overall Morningstar Rating, based on its risk-adjusted return, is a weighted average of its applicable 3-, 5-, and 1-year Ratings. See disclosure for details. Strategy The investment seeks totalreturn primarily through capital appreciation. The fund typically invests at least 8% of assets in equities issued by companies domiciled in emerging-market countries. It typically invests 8% of assets in equity securities, equity swaps, structured equity notes, equity linked notes and depositary receipts concentrated in emerging market countries. The fund may invest in common and preferred equity securities, publicly traded in the United States or in foreign countries in developed or emerging markets, including initial public offerings. Fees and Expenses Fee 1.41% Operations and Management Product Inception Date 12-1-97 InitialInception Date 3-1-94 Management Company SSgA Funds Management Inc Volatility Analysis Low Moderate High Category In the past, this investment has shown a wide range of price fluctuations relative to other investments. This investment may experience significant price increases in favorable markets or undergo large price declines in adverse markets. Some of this risk may be offset by owning other investments that follow different investment strategies. Performance 1 75 5 25-25 -5-75 Total Return% as of 9-3-9 Average annual, if greater than 1 year YTD 1 Year 3 Year 5 Year 1 Year Since Inception 58.25 11.5 4.72 15.79 11.15 7.85 Fund Return % 64.88 19.44 8.27 17.68 11.7. Return % 61.33 13.76 5.27 15.13 11.45. Category Average %..... QQQ QQQ QQQ. Morningstar Rating.. 255 193 118. # of Funds in Category Returns shown represent past performance which cannot guarantee future results and are net of investment fees, but not administrative fees. Your plan's specific returns may be lower. Also, current performance may be lower or higher than the performance data quoted above. Fund values and investment returns will vary and principal value, when redeemed, may be worth more or less than the original investment. Contact your plan administrator or access your online account at getretirementright.com for your plan's returns current to the most recent month-end. Consider the fund's investment objectives, risks, charges, and expenses before investing. Growth of $1, as of 9-3-9 $38,257 $4,148 1 8 6 4 2 1K 1999 2 21 22 23 24 25 26 27 28 9-9 Best 3 Month Return Worst 3 Month Return 51.82% -46.1% (Mar '9 - May '9) (Aug '8 - Oct '8) Notes Fund invests in SSgA's Emerging Markets Fund Institutional Class, inception 3/1/94. SSgA has voluntarily agreed to reimburse Emerging Markets Fund for expenses in excess of 1.25% of the average daily net assets, on an annual basis. The investment fee includes a.15% charge by United's retirement program product. Portfolio Analysis as of 8-31-9 Composition as of 8-31-9 U.S. Stocks.1 Non-U.S. Stocks 89.2 Bonds. Cash 8.2 Other 2.4 Top 1 Holdings as of 8-31-9 SSgA Prime Money Market 7.22 Samsung Electronics 3.31 Vale S.A. ADR 2.54 Petroleo Brasileiro S.A. 2.11 China Mobile Ltd. 1.97 Gazprom OAO (EDR) 1.95 Teva PharmaceuticalIndustries, Ltd. ADR 1.69 Petroleo Brasileiro S.A. ADR 1.54 America MovilS.A.B. de C.V. ADR L 1.52 Msci Taiwan Index (Fut) 9-29-9 1.52 TotalNumber of Stock Holdings 344 TotalNumber of Bond Holdings Morningstar Style Box as of 8-31-9 % Mkt Cap Giant 46.28... Large 4.2 Medium 13.22 Small.29... Micro.2 Value Blend Growth Large Mid Small Morningstar World Regions as of 8-31-9 Fund% Americas 22.17 North America.9 Latin America 22.8 Greater Europe 24.45 United Kingdom. Europe Developed. Europe Emerging 13.46 Africa/Middle East 1.99 Greater Asia 53.38 Japan. Australasia. Asia Developed 31.14 Asia Emerging 22.24 AFN41639 9-9 29 Morningstar, Inc., Morningstar Profiles 312-696-6. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of information. Past performance is no guarantee of future performance. Visit our investment website at www.morningstar.com. 5 Page1of2

Release Date: 9-3-29 International Stock Index Fund... Morningstar Category Overall Morningstar Rating Morningstar Return Morningstar Risk MSCI EAFE NR USD Foreign Large Blend QQQ Average Average Rated against 6 Foreign Large Blend funds. An investment's overall Morningstar Rating, based on its risk-adjusted return, is a weighted average of its applicable 3-, 5-, and 1-year Ratings. See disclosure for details. Strategy This investment option seeks to match the performance of the MSCI EAFE Index while providing daily liquidity. The MSCI EAFE Index consists of approximately 1,2 stocks in 21 developed market countries outside of North and South America, and represents approximately 85% of the total market capitalization in those countries. This option seeks to maintain the returns of the MSCI EAFE Index by investing in an underlying portfolio that replicates the index. The portfolio owns 3 country/regional portfolios, which together make up the MSCI EAFE Index; the portfolios include Europe, Japan, and Pacific Basin ex-japan. To facilitate daily liquidity, and to provide 1% equity exposure, the portfolio maintains a small (generally less than 5%) position in unleveraged futures contracts. Futures enable better tracking of index returns and allow for greater liquidity. Fees and Expenses Fee.48% Operations and Management Product Inception Date 8-15-5 Initial Inception Date 11-3-93 Management Company State Street Global Advisors Ltd. Volatility Analysis Low Moderate High Category In the past, this investment has shown a wide range of price fluctuations relative to other investments. This investment may experience significant price increases in favorable markets or undergo large price declines in adverse markets. Some of this risk may be offset by owning other investments that follow different investment strategies. Best 3 Month Return Worst 3 Month Return 34.99% -35.45% (Mar '9 - May '9) (Sep '8 - Nov '8) Performance 4 3 2 1-1 -2-3 Total Return% as of 9-3-9 Average annual, if greater than 1 year YTD 1 Year 3 Year 5 Year 1 Year Since Inception 29.6 1.63-3.77 5.78 2.16 4.43 Fund Return % 28.97 3.23-3.6 6.7 2.54. Return % 27.72 1.6-3.95 5.78 2.52. Category Average %..... QQQ QQQ QQQ. Morningstar Rating.. 6 462 246. # of Funds in Category Returns shown represent past performance which cannot guarantee future results and are net of investment fees, but not administrative fees. Your plan's specific returns may be lower. Also, current performance may be lower or higher than the performance data quoted above. Fund values and investment returns will vary and principal value, when redeemed, may be worth more or less than the original investment. Contact your plan administrator or access your online account at getretirementright.com for your plan's returns current to the most recent month-end. Consider the fund's investment objectives, risks, charges, and expenses before investing. Growth of $1, as of 9-3-9 $13,431 $13,964 25 2 15 1K 5 1999 2 21 22 23 24 25 26 27 28 9-9 Portfolio Analysis as of 9-3-9 Composition as of 9-3-9 U.S. Stocks. Non-U.S. Stocks 99.9 Bonds. Cash. Other.1 Morningstar Style Box as of 9-3-9 % Mkt Cap Giant 56.78... Large 32.19 Medium 11.3 Small.... Micro. Value Blend Growth Large Mid Small Notes Fund invests in units of State Street Global Advisors Daily EAFE Index Fund Series, a bank commingled fund for tax exempt retirement plans. Top 1 Holdings as of 9-3-9 HSBC Holdings PLC 1.98 BP Plc 1.66 Nestle 1.62 Banco Santander SA 1.32 Total SA 1.29 Roche Holding AG 1.18 Vodafone Group PLC 1.18 Telefonica, S.A. 1.15 BHP Billiton Limited 1.12 Toyota Motor Corporation 1.12 Total Number of Stock Holdings 978 Total Number of Bond Holdings Morningstar World Regions as of 9-3-9 Fund% Americas.11 North America.11 Latin America. Greater Europe 67.93 United Kingdom 22.39 Europe Developed 45.48 Europe Emerging. Africa/Middle East.5 Greater Asia 31.96 Japan 21.46 Australasia 7.1 Asia Developed 3.4 Asia Emerging. AFN41641 9-9 29 Morningstar, Inc., Morningstar Profiles 312-696-6. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of information. Past performance is no guarantee of future performance. Visit our investment website at www.morningstar.com. 51 Page1of2

Release Date: 9-3-29 AllianceBernstein Small/Mid Cap Value Fund... Morningstar Category Overall Morningstar Rating Morningstar Return Morningstar Risk Russell 25 Value TR USD Mid-Cap Value QQQ Above Average Above Average Rated against 338Mid-Cap Value funds. An investment's overall Morningstar Rating, based on its risk-adjusted return, is a weighted average of its applicable 3-, 5-, and 1-year Ratings. See disclosure for details. Strategy The investment seeks long-term growth of capital. The fund invests primarily in a diversified portfolio of equity securities of small- to mid-capitalization U.S. companies, generally representing 6 to 125 companies. It normally invests at least 8% of net assets in securities of small- to mid-capitalization companies, which, at the time of investment, fall within the capitalization range between the smallest company in the Russell 25(TM) Value Index and the greater of $5 billion or the market capitalization of the largest company in the Russell 25(TM) Value Index. Fees and Expenses Fee 1.1% Operations and Management Product Inception Date 4-2-7 Initial Inception Date 3-1-5 Management Company AllianceBernstein L.P. Volatility Analysis Low Moderate High Category In the past, this investment has shown a wide range of price fluctuations relative to other investments. This investment may experience significant price increases in favorable markets or undergo large price declines in adverse markets. Some of this risk may be offset by owning other investments that follow different investment strategies. Performance 6 45 3 15-15 -3-45 Total Return% as of 9-3-9 Average annual, if greater than 1 year YTD 1 Year 3 Year 5 Year 1 Year Since Inception 34.1 -.1 -.95 4.21. 8.84 Fund Return % 22. -8.33-5.65 2.51.. Return %... 27.96-2.8-4.34 2.83.. Category Average %.. QQQQ QQQ.. Morningstar Rating.. 338248.. # of Funds in Category Returns shown represent past performance which cannot guarantee future results and are net of investment fees, but not administrative fees. Your plan's specific returns may be lower. Also, current performance may be lower or higher than the performance data quoted above. Fund values and investment returns will vary and principal value, when redeemed, may be worth more or less than the original investment. Contact your plan administrator or access your online account at getretirementright.com for your plan's returns current to the most recent month-end. Consider the fund's investment objectives, risks, charges, and expenses before investing. Growth of $1, as of 9-3-9 $2,559 $17,711 5 4 3 2 1K 1999 2 21 22 23 24 25 26 27 28 9-9 Best 3 Month Return Worst 3 Month Return 41.1% -37.24% (Mar '9 - May '9) (Sep '8- Nov '8) Notes Class I shares, inception 3/1/5. The performance presented prior to Class I inception is that of the Class A shares (inception: 3/29/1). The investment fee includes a.25% charge by United's retirement program product. Portfolio Analysis as of 8-31-9 Composition as of 8-31-9 U.S. Stocks 89.6 Non-U.S. Stocks 5.1 Bonds. Cash 5.2 Other. Morningstar Style Box as of 8-31-9 % Mkt Cap Giant.... Large 1.79 Medium 55.66 Small 4.55... Micro 2.1 Value Blend Growth Large Mid Small Top 1 Holdings as of 8-31-9 Alliancebernstein Fixed-Income Shares, 12-31-49 5.24 Cimarex Energy Company 1.46 Men's Wearhouse 1.44 United Stationers Inc. 1.37 Rockwood Holdings, Inc. 1.36 Terex Corporation 1.36 Commercial Metals Company 1.34 Platinum Underwriters Holdings, Ltd. 1.33 Arrow Electronics, Inc. 1.3 Signet Jewelers Ltd ADR 1.29 Total Number of Stock Holdings 118 Total Number of Bond Holdings Morningstar Sectors as of 8-31-9 Fund% h Information 12.89 r Software 3.29 t Hardware 8.6 y Media.55 u Telecommunication.99 j Service 44.6 i Healthcare Service 3.11 o Consumer Service 17.55 p Business Service 3.2 a Financial Service 2.74 k Manufacturing 42.51 s Consumer Goods 1.2 d Industrial Materials 17.81 f Energy 7.56 g Utilities 6.94 AFN41546 9-9 29 Morningstar, Inc., Morningstar Profiles 312-696-6. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of information. Past performance is no guarantee of future performance. Visit our investment website at www.morningstar.com. 52 Page1of2

Release Date: 9-3-29 Allianz NFJ Dividend Value Fund... Morningstar Category Overall Morningstar Rating Morningstar Return Morningstar Risk Russell 1 Value TR USD Large Value QQQ Average Above Average Rated against 1133 Large Value funds. An investment's overall Morningstar Rating,based on its risk-adjusted return,is a weighted average of its applicable 3-,5-,and 1-year Ratings. See disclosure for details. Strategy The investment seeks to provide long-term growth of capital and income. The fund normally invests at least 8% of net assets in equity securities. It normally invests at least 8% of net assets in securities that pay or are expected to pay dividends. The fund invests a significant portion of assets in common stocks of companies with market capitalizations greater than $2 billion. It may also invest a portion of assets in non-u.s. securities, including emerging market securities. Fees and Expenses Fee.92% Operations and Management Product Inception Date 4-2-7 Initial Inception Date 5-8- Management Company Allianz Global Inv Fund Mgmt LLC Volatility Analysis Low Moderate High Category In the past, this investment has shown a relatively moderate range of price fluctuations relative to other investments. This investment may experience larger or smaller price declines or price increases depending on market conditions. Some of this risk may be offset by owning other investments with different portfolio makeups or investment strategies. Best 3 Month Return Worst 3 Month Return 24.9% -31.37% (Mar '9 - May '9) (Sep'8 - Nov '8) Notes Institutional Class, inception 5/8/. The investment fee includes a.25% charge by United's retirement program product. Performance 4 3 2 1-1 -2-3 Total Return% as of 9-3-9 Average annual, if greater than 1 year YTD 1 Year 3 Year 5 Year 1 Year Since Inception 5.5-19.78-9.7.89. 5.37 Fund Return % 14.85-1.62-7.87.9.. Return %... 18.46-7.18-6.72.85.. Category Average %.. QQ QQQ.. Morningstar Rating.. 1133 933.. # of Funds in Category Returns shown represent past performance which cannot guarantee future results and are net of investment fees,but not administrative fees. Your plan's specific returns may be lower. Also,current performance may be lower or higher than the performance data quoted above. Fund values and investment returns will vary and principal value,when redeemed,may be worth more or less than the original investment. Contact your plan administrator or access your online account at getretirementright.com for your plan's returns current to the most recent month-end. Consider the fund's investment objectives,risks,charges,and expenses before investing. Growth of $1, as of 9-3-9 $16,288 $12,27 5 4 3 2 1K 1999 2 21 22 23 24 25 26 27 28 9-9 Portfolio Analysis as of 8-31-9 Composition as of 8-31-9 U.S. Stocks 88.2 Non-U.S. Stocks 11.4 Bonds. Cash.4 Other. Morningstar Style Box as of 8-31-9 % Mkt Cap Giant 37.13... Large 44.56 Medium 18.31 Small.... Micro. Value Blend Growth Large Mid Small Top 1 Holdings as of 8-31-9 Boeing Company 4.39 Diamond Offshore Drilling, Inc. 4.6 GlaxoSmithKline PLC ADR 3.98 Annaly Capital Management, Inc. 3.91 Pfizer Inc. 3.69 Altria GroupInc. 3.38 Total SA ADR 2.6 Royal Dutch Shell PLC ADR A 2.52 EnCana Corporation 2.33 Marathon Oil Corporation 2.33 Total Number of Stock Holdings 45 Total Number of Bond Holdings Morningstar Sectors as of 8-31-9 Fund% h Information 15.17 r Software 2.13 t Hardware 2.2 y Media 1.71 u Telecommunication 9.31 j Service 36.96 i Healthcare Service 13.56 o Consumer Service 3.95 p Business Service 3.35 a Financial Service 16.1 k Manufacturing 47.88 s Consumer Goods 15.75 d Industrial Materials 8.4 f Energy 2.2 g Utilities 3.53 AFN41549 9-9 29 Morningstar, Inc., Morningstar Profiles 312-696-6. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of information. Past performance is no guarantee of future performance. Visit our investment website at www.morningstar.com. 53 Page1of2

Release Date: 9-3-29 Dreyfus/The Boston Company Small/Mid Cap Growth Portfolio... Morningstar Category Overall Morningstar Rating Morningstar Return Morningstar Risk Russell 25 Growth TR USD Mid-Cap Growth QQQQ Above Average Average Rated against 75 Mid-Cap Growth funds. An investment's overall Morningstar Rating, based on its risk-adjusted return, is a weighted average of its applicable 3-, 5-, and 1-year Ratings. See disclosure for details. Strategy The investment seeks long-term growth of capital. The fund normally invests at least 8% of net assets in equity securities of small cap and mid cap U.S. companies. It focuses on companies with total market capitalizations equal to or less than the total market capitalization of the largest company included in the Russell 25 Growth index. The fund may also invest in equity index futures based on the Russell 2 and S&P Midcap indices, and exchange traded funds based upon the Russell 25 Growth index. Fees and Expenses Fee 1.% Operations and Management Product Inception Date 4-2-7 Initial Inception Date 8-31-9 Management Company Dreyfus Corp. Volatility Analysis Low Moderate High Category In the past, this investment has shown a relatively moderate range of price fluctuations relative to other investments. This investment may experience larger or smaller price declines or price increases depending on market conditions. Some of this risk may be offset by owning other investments with different portfolio makeups or investment strategies. Best 3 Month Return Worst 3 Month Return 77.24% -34.49% (Dec '99 - Feb ') (Sep '8 - Nov '8) Notes Institutional Class, inception 8/31/9. Performance 6 45 3 15-15 -3-45 Total Return% as of 9-3-9 Average annual, if greater than 1 year YTD 1 Year 3 Year 5 Year 1 Year Since Inception 21.14-7.34.8 5.85 5.11 11.34 Fund Return % 34.18-3.8-2.32 3.74 2.63. Return % 31.56-3.1-2.83 3.14 2.88. Category Average %..... QQQQ QQQQQ QQQ. Morningstar Rating.. 75 638 324. # of Funds in Category Returns shown represent past performance which cannot guarantee future results and are net of investment fees, but not administrative fees. Your plan's specific returns may be lower. Also, current performance may be lower or higher than the performance data quoted above. Fund values and investment returns will vary and principal value, when redeemed, may be worth more or less than the original investment. Contact your plan administrator or access your online account at getretirementright.com for your plan's returns current to the most recent month-end. Consider the fund's investment objectives, risks, charges, and expenses before investing. Growth of $1, as of 9-3-9 $18,835 $14,46 5 4 3 2 1K 1999 2 21 22 23 24 25 26 27 28 9-9 Portfolio Analysis as of 8-31-9 Composition as of 8-31-9 U.S. Stocks 91.3 Non-U.S. Stocks 5.5 Bonds. Cash 3.2 Other. Morningstar Style Box as of 8-31-9 % Mkt Cap Giant.... Large 1.58 Medium 57.17 Small 4.8... Micro.46 Value Blend Growth Large Mid Small Top 1 Holdings as of 8-31-9 ishares Russell 2 Growth Index 1.69 Beckman Coulter, Inc. 1.6 Genpact Ltd. 1.48 H.B. Fuller Company 1.45 Quest Software, Inc. 1.43 Whole Foods Market, Inc. 1.35 Jefferies Group, Inc. 1.34 Plains Exploration & Production Company 1.3 PMC-Sierra, Inc. 1.3 Wolverine World Wide 1.28 Total Number of Stock Holdings 118 Total Number of Bond Holdings Morningstar Sectors as of 8-31-9 Fund% h Information 28.24 r Software 8.22 t Hardware 15.81 y Media 1.7 u Telecommunication 3.14 j Service 46.25 i Healthcare Service 19.78 o Consumer Service 8.7 p Business Service 6.68 a Financial Service 11.9 k Manufacturing 25.51 s Consumer Goods 9.52 d Industrial Materials 9.54 f Energy 6.44 g Utilities.1 AFN41558 9-9 29 Morningstar, Inc., Morningstar Profiles 312-696-6. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of information. Past performance is no guarantee of future performance. Visit our investment website at www.morningstar.com. 54 Page1of2

Release Date: 9-3-29 Growth Stock Index Fund... Morningstar Category Overall Morningstar Rating Morningstar Return Morningstar Risk Russell 1 Growth TR USD Large Growth QQQ Average Average Rated against 1515 Large Growth funds. An investment's overall Morningstar Rating, based on its risk-adjusted return, is a weighted average of its applicable 3-, 5-, and 1-year Ratings. See disclosure for details. Strategy The investment seeks to replicate the returns and characteristics of the Russell 1 Growth Index. SSgA's Russell 1 Growth Index Strategy employs a replication approach to construct a fund whose returns closely track those of the Russell 1 Growth Index. The strategy is to buy and hold securities, trading only where there is a change to the composition of the Index or when cash flow activity occurs in the Strategy. A hierarchy of trading alternatives is used when appropriate - internal crossing, external crossing, futures, and open market trades - to attempt to capitalize on every opportunity to reduce the Strategy's transaction costs. The Strategy may hold a combination of S&P 5 Growth Index and S&P MidCap 4 Index futures in lieu of cash. Holdings of futures contracts generally represent 2-5% of the Strategy's value. Performance 4 3 2 1-1 -2-3 Total Return% as of 9-3-9 Average annual, if greater than 1 year YTD 1 Year 3 Year 5 Year 1 Year Since Inception 26.65-2.2-2.86 1.49-2.91 6.22 Fund Return % 27.11-1.85-2.5 1.86-2.56. Return % 27.4-2.69-3.25 1.77 -.64. Category Average %..... QQQ QQQ QQ. Morningstar Rating.. 1515 1255 653. # of Funds in Category Fees and Expenses Fee.38% Operations and Management Product Inception Date 8-15-5 Initial Inception Date 5-31-94 Management Company State Street Global Advisors Ltd. Volatility Analysis Low Moderate High Category In the past, this investment has shown a relatively moderate range of price fluctuations relative to other investments. This investment may experience larger or smaller price declines or price increases depending on market conditions. Some of this risk may be offset by owning other investments with different portfolio makeups or investment strategies. Best 3 Month Return Worst 3 Month Return 26.74% -33.1% (Oct '98 - Dec '98) (Sep '8 - Nov '8) Notes Fund invests in units of State Street Global Advisors Russell 1 Growth Index Fund Series, a bank commingled fund for tax exempt retirement plans. Returns shown represent past performance which cannot guarantee future results and are net of investment fees, but not administrative fees. Your plan's specific returns may be lower. Also, current performance may be lower or higher than the performance data quoted above. Fund values and investment returns will vary and principal value, when redeemed, may be worth more or less than the original investment. Contact your plan administrator or access your online account at getretirementright.com for your plan's returns current to the most recent month-end. Consider the fund's investment objectives, risks, charges, and expenses before investing. Growth of $1, as of 9-3-9 $7,914 $8,214 25 2 15 1K 5 1999 2 21 22 23 24 25 26 27 28 9-9 Portfolio Analysis as of 9-3-9 Composition as of 9-3-9 U.S. Stocks 99.9 Non-U.S. Stocks.1 Bonds. Cash. Other. Top 1 Holdings as of 9-3-9 Microsoft Corporation 3.82 Apple, Inc. 3.17 International Business Machines Corp 3.2 Cisco Systems, Inc. 2.59 Johnson & Johnson 2.48 Google, Inc. 2.28 Procter & Gamble Company 2.12 Wal-Mart Stores, Inc. 2.7 Coca-Cola Company 1.87 Philip Morris International Inc 1.83 Total Number of Stock Holdings 625 Total Number of Bond Holdings Morningstar Style Box as of 9-3-9 % Mkt Cap Giant 47.63... Large 31. Medium 2.45 Small.93... Micro. Value Blend Growth Large Mid Small Morningstar Sectors as of 9-3-9 Fund% h Information 31.58 r Software 8.39 t Hardware 16.8 y Media.71 u Telecommunication 5.68 j Service 38.7 i Healthcare Service 15.54 o Consumer Service 12.56 p Business Service 5.25 a Financial Service 5.35 k Manufacturing 29.71 s Consumer Goods 14.15 d Industrial Materials 1.4 f Energy 4.21 g Utilities.95 AFN41552 9-9 29 Morningstar, Inc., Morningstar Profiles 312-696-6. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of information. Past performance is no guarantee of future performance. Visit our investment website at www.morningstar.com. 55 Page1of2

Release Date: 9-3-29 Mid Cap Stock Index Fund... Morningstar Category Overall Morningstar Rating Morningstar Return Morningstar Risk S&P MidCap 4 TR Mid-Cap Blend QQQQ Above Average Average Rated against 387 Mid-Cap Blend funds. An investment's overall Morningstar Rating, based on its risk-adjusted return, is a weighted average of its applicable 3-, 5-, and 1-year Ratings. See disclosure for details. Strategy The investment seeks to match as closely as possible, before expenses, the performance of the S&P MidCap 4 Index over the long term. The Fund is managed using a passive or indexing investment approach, by which SSgA attempts to match, before expenses, the performance of the Index. SSgA will typically attempt to invest in the securities comprising the Index in the same proportions as they are represented in the Index. In some cases, it may not be possible or practicable to purchase all of the securities comprising the Index, or to hold them in the same weightings as they represent in the Index. In those circumstances, SSgA may employ a sampling or optimization technique to construct the portfolio in question. The Fund's returns may vary from the returns of the Index. Performance 6 45 3 15-15 -3-45 Total Return% as of 9-3-9 Average annual, if greater than 1 year YTD 1 Year 3 Year 5 Year 1 Year Since Inception 29.4-3.68-1.77 4.17 7.17 7.32 Fund Return % 3.14-3.11-1.4 4.53 7.47. Return % 31.1-3.19-3.87 2.6 5.3. Category Average %..... QQQQ QQQQ QQQQ. Morningstar Rating.. 387 36 146. # of Funds in Category Fees and Expenses Fee.41% Operations and Management Product Inception Date 1-1-9 Initial Inception Date 1-31-97 Management Company State Street Global Advisors Ltd. Volatility Analysis Low Moderate High Category In the past, this investment has shown a wide range of price fluctuations relative to other investments. This investment may experience significant price increases in favorable markets or undergo large price declines in adverse markets. Some of this risk may be offset by owning other investments that follow different investment strategies. Best 3 Month Return Worst 3 Month Return 28.43% -36.55% (Mar '9 - May '9) (Sep '8 - Nov '8) Notes Fund invests in State Street Global Advisors S&P MidCap Index Fund Series, a bank commingled fund for tax exempt retirement plans. Returns shown represent past performance which cannot guarantee future results and are net of investment fees, but not administrative fees. Your plan's specific returns may be lower. Also, current performance may be lower or higher than the performance data quoted above. Fund values and investment returns will vary and principal value, when redeemed, may be worth more or less than the original investment. Contact your plan administrator or access your online account at getretirementright.com for your plan's returns current to the most recent month-end. Consider the fund's investment objectives, risks, charges, and expenses before investing. Growth of $1, as of 9-3-9 $19,553 $2,13 5 4 3 2 1K 1999 2 21 22 23 24 25 26 27 28 9-9 Portfolio Analysis as of 9-3-9 Composition as of 9-3-9 U.S. Stocks 99.8 Non-U.S. Stocks. Bonds. Cash.2 Other. Top 1 Holdings as of 9-3-9 Priceline.com, Inc..81 Vertex Pharmaceuticals.79 Ross Stores, Inc..69 Newfield Exploration Company.65 Everest Re Group, Ltd..62 Pride International, Inc..61 Cerner Corporation.58 Joy Global, Inc..58 Henry Schein, Inc..57 Lubrizol Corporation.56 Total Number of Stock Holdings 4 Total Number of Bond Holdings Morningstar Style Box as of 9-3-9 % Mkt Cap Giant.... Large. Medium 77.24 Small 22.31... Micro.45 Value Blend Growth Large Mid Small Morningstar Sectors as of 9-3-9 Fund% h Information 13.82 r Software 4.99 t Hardware 5.29 y Media 1.2 u Telecommunication 2.34 j Service 51.42 i Healthcare Service 1.54 o Consumer Service 11.55 p Business Service 1.17 a Financial Service 19.16 k Manufacturing 34.75 s Consumer Goods 8.33 d Industrial Materials 14.62 f Energy 5.87 g Utilities 5.93 AFN4213 9-9 29 Morningstar, Inc., Morningstar Profiles 312-696-6. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of information. Past performance is no guarantee of future performance. Visit our investment website at www.morningstar.com. 56 Page1of2

Release Date: 9-3-29 Royce Total Return Fund... Morningstar Category Overall Morningstar Rating Morningstar Return Morningstar Risk Russell 25 Value TR USD Small Value QQQQ Average Below Average Rated against 318 Small Value funds. An investment's overall Morningstar Rating, based on its risk-adjusted return, is a weighted average of its applicable 3-, 5-, and 1-year Ratings. See disclosure for details. Strategy The investment seeks long-term growth ofcapital and current income. The fund normally invests at least 65% of assets in equity securities. At least 9% ofthese securities may produce dividend or interest income to the fund, and at least 65% may be issued by companies with stock market capitalizations ofless than $2.5 billion at the time of investment. The fund may invest up to 25% of assets in the securities offoreign issuers. Fees and Expenses Fee 1.39% Operations and Management Product Inception Date 8-15-5 Initial Inception Date 12-15-93 Management Company Royce & Associates, LLC Volatility Analysis Low Moderate High Category In the past, this investment has shown a relatively moderate range ofprice fluctuations relative to other investments. This investment may experience larger or smaller price declines or price increases depending on market conditions. Some of this risk may be offset by owning other investments with different portfolio makeups or investment strategies. Best 3 Month Return Worst 3 Month Return 26.62% -31.62% (Mar '9 - May '9) (Sep '8 - Nov '8) Notes Class, inception 12/15/93. The investment fee includes a.2% charge by United's retirement program product. Performance 4 3 2 1-1 -2-3 Total Return% as of9-3-9 Average annual, ifgreater than 1 year YTD 1 Year 3 Year 5 Year 1 Year Since Inception 2.76-7.22-3.16 2.91 8.24 1.18 Fund Return % 22. -8.33-5.65 2.51 8.12. Return % 25.83-6.39-4.72 2.3 8.34. Category Average %..... QQQQ QQQQ QQQQ. Morningstar Rating.. 318 242 124. # offunds in Category Returns shown represent past performance which cannot guarantee future results and are net of investment fees, but not administrative fees. Your plan's specific returns may be lower. Also, current performance may be lower or higher than the performance data quoted above. Fund values and investment returns will vary and principal value, when redeemed, may be worth more or less than the original investment. Contact your plan administrator or access your online account at getretirementright.com for your plan's returns current to the most recent month-end. Consider the fund's investment objectives, risks, charges, and expenses before investing. Growth of $1, as of 9-3-9 $21,641 $21,284 5 4 3 2 1K 1999 2 21 22 23 24 25 26 27 28 9-9 Portfolio Analysis as of9-3-9 Composition as of9-3-9 U.S. Stocks 85. Non-U.S. Stocks 7.6 Bonds. Cash 3.4 Other 3.9 Morningstar Style Box as of9-3-9 % Mkt Cap Giant.... Large 3.36 Medium 45.82 Small 37.35... Micro 13.46 Value Blend Growth Large Mid Small Top 1 Holdings as of9-3-9 AllianceBernstein Holding L.P. 1.14 PartnerRe, Ltd. 1.6 Federated Investors, Inc. B.98 Aspen Insurance Holdings, Ltd..96 Ritchie Bros. Auctioneers, Inc..92 Tidewater, Inc..89 Wolverine World Wide.88 Dress Barn, Inc..85 Helmerich & Payne, Inc..83 Energen Corporation.82 Total Number ofstock Holdings 445 Total Number ofbond Holdings 1 Morningstar Sectors as of9-3-9 Fund% h Information 4.31 r Software.48 t Hardware 2.37 y Media.19 u Telecommunication 1.27 j Service 55.47 i Healthcare Service 3.74 o Consumer Service 9.43 p Business Service 1.81 a Financial Service 31.49 k Manufacturing 4.23 s Consumer Goods 11.68 d Industrial Materials 17.61 f Energy 7.15 g Utilities 3.79 AFN41553 9-9 29 Morningstar, Inc., Morningstar Profiles 312-696-6. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of information. Past performance is no guarantee of future performance. Visit our investment website at www.morningstar.com. 57 Page1of2

Release Date: 9-3-29 Small Cap Stock Index Fund... Morningstar Category Overall Morningstar Rating Morningstar Return Morningstar Risk Russell 2 TR USD Small Blend QQQ Average Average Rated against 56 Small Blend funds. An investment's overall Morningstar Rating, based on its risk-adjusted return, is a weighted average of its applicable 3-, 5-, and 1-year Ratings. See disclosure for details. Strategy This investment option seeks to replicate the returns and characteristics of the Russell 2 Index. This option seeks to match the return of the index by investing in a portfolio that holds the securities of the Russell 2 Index. Replication seeks low turnover, accurate tracking and low costs. The portfolio buys and holds securities, trading only when there is a change to the composition of the Index or when cash flow activity occurs. To provide 1% exposure to the equity market and help increase tracking accuracy, the portfolio may hold Russell 2 Index futures contracts in lieu of cash (no more than 5% of the holdings are futures). Futures help enable better tracking of index returns and allow for greater liquidity. Index strategies help participants achieve broad diversification across the equity markets and take advantage of low implementation costs. Fees and Expenses Fee.43% Operations and Management Product Inception Date 6-2-8 Initial Inception Date 9-3-96 Management Company State Street Global Advisors Ltd. Volatility Analysis Low Moderate High Category In the past, this investment has shown a wide range of price fluctuations relative to other investments. This investment may experience significant price increases in favorable markets or undergo large price declines in adverse markets. Some of this risk may be offset by owning other investments that follow different investment strategies. Best 3 Month Return Worst 3 Month Return 29.49% -35.63% (Mar '9 - May '9) (Sep '8 - Nov '8) Performance 4 3 2 1-1 -2-3 Total Return% as of 9-3-9 Average annual, if greater than 1 year YTD 1 Year 3 Year 5 Year 1 Year Since Inception 22.52-9.27-4.59 2.22 4.56 5.37 Fund Return % 22.43-9.55-4.57 2.41 4.88. Return % 26.2-6.97-5.19 2.2 6.79. Category Average %..... QQQ QQQ QQ. Morningstar Rating.. 56 452 234. # of Funds in Category Returns shown represent past performance which cannot guarantee future results and are net of investment fees, but not administrative fees. Your plan's specific returns may be lower. Also, current performance may be lower or higher than the performance data quoted above. Fund values and investment returns will vary and principal value, when redeemed, may be worth more or less than the original investment. Contact your plan administrator or access your online account at getretirementright.com for your plan's returns current to the most recent month-end. Consider the fund's investment objectives, risks, charges, and expenses before investing. Growth of $1, as of 9-3-9 $15,838 $16,489 25 2 15 1K 5 1999 2 21 22 23 24 25 26 27 28 9-9 Portfolio Analysis as of 9-3-9 Composition as of 9-3-9 U.S. Stocks 98.6 Non-U.S. Stocks 1.4 Bonds. Cash. Other. Morningstar Style Box as of 9-3-9 % Mkt Cap Giant.... Large. Medium 5.32 Small 66.87... Micro 27.81 Value Blend Growth Large Mid Small Notes Fund invests in units of State Street Global Advisors Russell 2 Index Fund Series, a bank commingled fund for tax exempt retirement plans. Top 1 Holdings as of 9-3-9 Human Genome Sciences.34 Palm, Inc..32 Perot Systems Corporation.29 E*Trade Financial Corporation.28 Tupperware Brands Corporation.28 Highwoods Properties.25 MFA Mortgage s, Inc..25 Polycom, Inc..25 Skyworks Solutions, Inc..25 Solera Holdings, Inc..24 Total Number of Stock Holdings 212 Total Number of Bond Holdings Morningstar Sectors as of 9-3-9 Fund% h Information 2.68 r Software 6.13 t Hardware 8.39 y Media 1.11 u Telecommunication 5.5 j Service 51.46 i Healthcare Service 12.43 o Consumer Service 8.54 p Business Service 1.26 a Financial Service 2.23 k Manufacturing 27.85 s Consumer Goods 9.19 d Industrial Materials 11.27 f Energy 4.6 g Utilities 3.33 AFN41556 9-9 29 Morningstar, Inc., Morningstar Profiles 312-696-6. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of information. Past performance is no guarantee of future performance. Visit our investment website at www.morningstar.com. 58 Page1of2

Release Date: 9-3-29 Stock Market Index Fund... Morningstar Category Overall Morningstar Rating Morningstar Return Morningstar Risk S&P 5 TR Large Blend QQQ Average Average Rated against 174 Large Blend funds. An investment's overall Morningstar Rating, based on its risk-adjusted return, is a weighted average of its applicable 3-, 5-, and 1-year Ratings. See disclosure for details. Strategy The investment seeks to replicate the returns and characteristics of the S&P 5 Index. Using a replication process, the advisors purchase each security for the strategy in the same capitalization weight as it appears in the S&P 5 Index. Replication results in low turnover, accurate tracking, and low costs. The approach is to buy and hold securities, trading only when there is a change to the composition of the index or when cash flow activity occurs in the strategy. The advisors use a hierarchy of trading alternatives when appropriate--internal crossing, external crossing, futures, and open market trades--to attempt to capitalize on every opportunity and to reduce the strategy's transaction costs. To provide 1% equity exposure, the strategy maintains a small (generally less than 5%) position in unleveraged S&P 5 stock index futures contracts. Futures enable better tracking of index returns and allow for greater liquidity. The fund manager is State Street Global Advisors. Fees and Expenses Fee.29% Operations and Management Product Inception Date 12-1-97 Initial Inception Date 1-1-78 Management Company State Street Global Advisors Ltd. Volatility Analysis Low Moderate High Category In the past, this investment has shown a relatively moderate range of price fluctuations relative to other investments. This investment may experience larger or smaller price declines or price increases depending on market conditions. Some of this risk may be offset by owning other investments with different portfolio makeups or investment strategies. Best 3 Month Return Worst 3 Month Return 25.88% -29.68% (Mar '9 - May '9) (Sep '8 - Nov '8) Notes Fund invests in units of the State Street Global Advisors S&P 5 Flagship Series Fund, a bank commingled fund for tax exempt retirement plans. Performance 4 3 2 1-1 -2-3 Total Return% as of 9-3-9 Average annual, if greater than 1 year YTD 1 Year 3 Year 5 Year 1 Year Since Inception 19.31-6.86-5.56.84 -.34 1.9 Fund Return % 19.26-6.91-5.43 1.2 -.15. Return % 21.28-5.46-5.13 1.22.69. Category Average %..... QQQ QQQ QQQ. Morningstar Rating.. 174 1352 678. # of Funds in Category Returns shown represent past performance which cannot guarantee future results and are net of investment fees, but not administrative fees. Your plan's specific returns may be lower. Also, current performance may be lower or higher than the performance data quoted above. Fund values and investment returns will vary and principal value, when redeemed, may be worth more or less than the original investment. Contact your plan administrator or access your online account at getretirementright.com for your plan's returns current to the most recent month-end. Consider the fund's investment objectives, risks, charges, and expenses before investing. Growth of $1, as of 9-3-9 $1,16 $1,376 25 2 15 1K 5 1999 2 21 22 23 24 25 26 27 28 9-9 Portfolio Analysis as of 9-3-9 Composition as of 9-3-9 U.S. Stocks 99.7 Non-U.S. Stocks.3 Bonds. Cash. Other. Top 1 Holdings as of 9-3-9 ExxonMobil Corporation 3.53 Microsoft Corporation 2.15 General Electric Company 1.87 J.P. Morgan Chase & Co. 1.85 Procter & Gamble Company 1.81 Johnson & Johnson 1.8 Apple, Inc. 1.78 AT&T, Inc. 1.71 International Business Machines Corp 1.68 Bank of America Corporation 1.57 Total Number of Stock Holdings 51 Total Number of Bond Holdings Morningstar Style Box as of 9-3-9 % Mkt Cap Giant 51.4... Large 35.1 Medium 13.63 Small.23... Micro. Value Blend Growth Large Mid Small Morningstar Sectors as of 9-3-9 Fund% h Information 23.49 r Software 4.44 t Hardware 1.24 y Media 2.52 u Telecommunication 6.29 j Service 39.44 i Healthcare Service 12.42 o Consumer Service 8.51 p Business Service 3.33 a Financial Service 15.18 k Manufacturing 37.7 s Consumer Goods 1.88 d Industrial Materials 1.77 f Energy 11.78 g Utilities 3.64 AFN41554 9-9 29 Morningstar, Inc., Morningstar Profiles 312-696-6. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of information. Past performance is no guarantee of future performance. Visit our investment website at www.morningstar.com. 59 Page1of2

Release Date: 9-3-29 T. Rowe Price Growth Stock Fund... Morningstar Category Overall Morningstar Rating Morningstar Return Morningstar Risk Russell 1 Growth TR USD Large Growth QQQQ Above Average Average Rated against 1515 Large Growth funds. An investment's overall Morningstar Rating, based on its risk-adjusted return, is a weighted average of its applicable 3-, 5-, and 1-year Ratings. See disclosure for details. Strategy The investment seeks long-term growth of capital; income is secondary. The fund normally invests at least 8% of assets in the common stocks of a diversified group of growth companies. It mostly seeks investments in companies that have the ability to pay increasing dividends through strong cash flow. The fund generally looks for companies with an above-average rate of earnings growth and a lucrative niche in the economy. While it invests most assets in U.S. common stocks, the fund may also purchase other securities including foreign stocks, futures, and options. Fees and Expenses Fee.93% Operations and Management Product Inception Date 8-15-5 Initial Inception Date 4-11-5 Management Company T. Rowe Price Associates, Inc. Volatility Analysis Low Moderate High Category In the past, this investment has shown a relatively moderate range of price fluctuations relative to other investments. This investment may experience larger or smaller price declines or price increases depending on market conditions. Some of this riskmay be offset by owning other investments with different portfolio makeups or investment strategies. Performance 6 45 3 15-15 -3-45 Total Return% as of 9-3-9 Average annual, if greater than 1 year YTD 1 Year 3 Year 5 Year 1 Year Since Inception 31.15.9-3.91 2.23 1.82 1.9 Fund Return % 27.11-1.85-2.5 1.86-2.56. Return % 27.4-2.69-3.25 1.77 -.64. Category Average %..... QQQ QQQ QQQQ. Morningstar Rating.. 1515 1255 653. # of Funds in Category Returns shown represent past performance which cannot guarantee future results and are net of investment fees, but not administrative fees. Your plan's specific returns may be lower. Also, current performance may be lower or higher than the performance data quoted above. Fund values and investment returns will vary and principal value, when redeemed, may be worth more or less than the original investment. Contact your plan administrator or access your online account at getretirementright.com for your plan's returns current to the most recent month-end. Consider the fund's investment objectives, risks, charges, and expenses before investing. Growth of $1, as of 9-3-9 $12,238 $8,214 25 2 15 1K 5 1999 2 21 22 23 24 25 26 27 28 9-9 Best 3 Month Return Worst 3 Month Return 24.4% -36.2% (Mar '9 - May '9) (Sep '8 - Nov '8) Notes The investment fee includes a.2% charge by United's retirement program product. Portfolio Analysis as of 6-3-9 Composition as of 6-3-9 U.S. Stocks 87.6 Non-U.S. Stocks 7.2 Bonds. Cash 5.1 Other. Morningstar Style Box as of 6-3-9 % Mkt Cap Giant 43.82... Large 44.36 Medium 11.82 Small.... Micro. Value Blend Growth Large Mid Small Top 1 Holdings as of 6-3-9 Apple, Inc. 5.4 Amazon.com, Inc. 4.27 Google, Inc. 4.5 Danaher Corporation 3.19 Medco Health Solutions, Inc. 3.1 Qualcomm, Inc. 2.39 Gilead Sciences, Inc. 2.3 Schlumberger, Ltd. 1.94 Express Scripts 1.93 Crown Castle International Corporation 1.84 Total Number of StockHoldings 96 Total Number of Bond Holdings Morningstar Sectors as of 6-3-9 Fund% h Information 3.44 r Software 3.58 t Hardware 1.3 y Media 1.67 u Telecommunication 14.89 j Service 46.65 i Healthcare Service 1.35 o Consumer Service 16.8 p Business Service 9.79 a Financial Service 1.43 k Manufacturing 22.92 s Consumer Goods 6.47 d Industrial Materials 8.6 f Energy 7.85 g Utilities. AFN4156 9-9 29 Morningstar, Inc., Morningstar Profiles 312-696-6. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of information. Past performance is no guarantee of future performance. Visit our investment website at www.morningstar.com. 6 Page1of2

Release Date: 9-3-29 Target Small Capitalization Value Portfolio... Morningstar Category Overall Morningstar Rating Morningstar Return Morningstar Risk Russell 2 Value TR USD Small Value QQQQ Above Average Below Average Rated against 318 Small Value funds. An investment's overall Morningstar Rating,based on its risk-adjusted return,is a weighted average of its applicable 3-,5-,and 1-year Ratings. See disclosure for details. Strategy The investment seeks above-average capital appreciation. The fund normally invests at least 8% of investable assets in common stocks ofsmall companies which are those companies with market capitalizations comparable to those in the Russell 2 Value index. It may invest in stocks undervalued with an above average potential to increase in price. Fees and Expenses Fee 1.15% Operations and Management Product Inception Date 4-2-7 Initial Inception Date 1-5-93 Management Company Prudential s LLC Volatility Analysis Low Moderate High Category In the past, this investment has shown a wide range ofprice fluctuations relative to other investments. This investment may experience significant price increases in favorable markets or undergo large price declines in adverse markets. Some of this risk may be offset by owning other investments that follow different investment strategies. Best 3 Month Return Worst 3 Month Return 28.33% -3.83% (Mar '9 - May '9) (Sep '8 - Nov '8) Notes The investment fee includes a.35% charge by United's retirement program product. Performance 4 3 2 1-1 -2-3 Total Return% as of9-3-9 Average annual, ifgreater than 1 year YTD 1 Year 3 Year 5 Year 1 Year Since Inception 2.9-6.51-1.96 4.83 1.49 1.76 Fund Return % 16.36-12.61-6.65 1.78 8.5. Return % 25.83-6.39-4.72 2.3 8.34. Category Average %..... QQQQ QQQQ QQQQ. Morningstar Rating.. 318 242 124. # offunds in Category Returns shown represent past performance which cannot guarantee future results and are net of investment fees,but not administrative fees. Your plan's specific returns may be lower. Also,current performance may be lower or higher than the performance data quoted above. Fund values and investment returns will vary and principal value,when redeemed,may be worth more or less than the original investment. Contact your plan administrator or access your online account at getretirementright.com for your plan's returns current to the most recent month-end. Consider the fund's investment objectives,risks,charges,and expenses before investing. Growth of $1, as of 9-3-9 $26,941 $21,45 5 4 3 2 1K 1999 2 21 22 23 24 25 26 27 28 9-9 Portfolio Analysis as of7-31-9 Composition as of7-31-9 U.S. Stocks 94.7 Non-U.S. Stocks 1.5 Bonds. Cash 3.8 Other. Morningstar Style Box as of7-31-9 % Mkt Cap Giant.... Large.37 Medium 42.52 Small 49.25... Micro 7.86 Value Blend Growth Large Mid Small Top 1 Holdings as of7-31-9 Dryden Core MMkt 3.76 Phillips-Van Heusen Corporation 1.43 Bucyrus International, Inc. A 1.14 Reinsurance Group ofamerica.9 Delphi Financial Group.86 Cabot Oil & Gas Corporation A.85 Scotts Miracle-Gro Company.82 WGL Holdings, Inc..81 Mednax Inc.79 Global Payments, Inc..76 Total Number ofstock Holdings 716 Total Number ofbond Holdings Morningstar Sectors as of7-31-9 Fund% h Information 1.36 r Software 3.16 t Hardware 4.49 y Media.39 u Telecommunication 2.32 j Service 45.32 i Healthcare Service 6.71 o Consumer Service 6.95 p Business Service 8.21 a Financial Service 23.45 k Manufacturing 44.33 s Consumer Goods 9.28 d Industrial Materials 21.49 f Energy 6.99 g Utilities 6.57 AFN41555 9-9 29 Morningstar, Inc., Morningstar Profiles 312-696-6. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of information. Past performance is no guarantee of future performance. Visit our investment website at www.morningstar.com. 61 Page1of2

Release Date: 9-3-29 Value Stock Index Fund... Morningstar Category Overall Morningstar Rating Morningstar Return Morningstar Risk Russell 1 Value TR USD Large Value QQQ Average Average Rated against 1133 Large Value funds. An investment's overall Morningstar Rating, based on its risk-adjusted return, is a weighted average of its applicable 3-, 5-, and 1-year Ratings. See disclosure for details. Strategy The investment seeks to replicate the returns and characteristics of the Russell 1 Value Index. SSgA's Russell 1 Value Index Strategy employs a replication approach to construct a portfolio whose returns closely track those of the Russell 1 Value Index. The strategy is to buy and hold securities, trading only when there is a change to the composition of the Index or when cash flow activity occurs in the strategy. A hierarchy of trading alternatives is used when appropriate - internal crossing, external crossing, futures, and open market trades - to attempt to capitalize on every opportunity to reduce the Strategy's transaction costs. The Strategy may hold a combination of S&P 5/BARRA Value Index and S&P MidCap 4 Index futures in lieu of cash. Futures contracts generally represent 2-5% of the Strategy's value. Performance 2 15 1 5-5 -1-15 Total Return% as of 9-3-9 Average annual, if greater than 1 year YTD 1 Year 3 Year 5 Year 1 Year Since Inception 14.57-1.83-8.11.61 2.31 7.96 Fund Return % 14.85-1.62-7.87.9 2.59. Return % 18.46-7.18-6.72.85 2.51. Category Average %..... QQQ QQQ QQQ. Morningstar Rating.. 1133 933 453. # of Funds in Category Fees and Expenses Fee.38% Operations and Management Product Inception Date 8-15-5 Initial Inception Date 5-31-94 Management Company State Street Global Advisors Ltd. Volatility Analysis Low Moderate High Category In the past, this investment has shown a relatively moderate range of price fluctuations relative to other investments. This investment may experience larger or smaller price declines or price increases depending on market conditions. Some of this risk may be offset by owning other investments with different portfolio makeups or investment strategies. Best 3 Month Return Worst 3 Month Return 27.4% -28.95% (Mar '9 - May '9) (Sep '8 - Nov '8) Notes Fund invests in units of State Street Global Advisors Russell 1 Value Index Fund Series, a bank commingled fund for tax exempt retirement plans. Returns shown represent past performance which cannot guarantee future results and are net of investment fees, but not administrative fees. Your plan's specific returns may be lower. Also, current performance may be lower or higher than the performance data quoted above. Fund values and investment returns will vary and principal value, when redeemed, may be worth more or less than the original investment. Contact your plan administrator or access your online account at getretirementright.com for your plan's returns current to the most recent month-end. Consider the fund's investment objectives, risks, charges, and expenses before investing. Growth of $1, as of 9-3-9 $12,78 $13,15 25 2 15 1K 5 1999 2 21 22 23 24 25 26 27 28 9-9 Portfolio Analysis as of 9-3-9 Composition as of 9-3-9 U.S. Stocks 99.4 Non-U.S. Stocks.6 Bonds. Cash. Other. Top 1 Holdings as of 9-3-9 ExxonMobil Corporation 4.7 General Electric Company 3.29 J.P. Morgan Chase & Co. 3.11 AT&T, Inc. 3.1 Bank of America Corporation 2.77 Chevron Corporation 2.67 Wells Fargo Company 2.16 Pfizer Inc. 2.11 Goldman Sachs Group, Inc. 1.65 Verizon Communications Inc. 1.63 Total Number of Stock Holdings 676 Total Number of Bond Holdings Morningstar Style Box as of 9-3-9 % Mkt Cap Giant 43.43... Large 32.65 Medium 21.91 Small 2.... Micro.1 Value Blend Growth Large Mid Small Morningstar Sectors as of 9-3-9 Fund% h Information 14.83 r Software.59 t Hardware 3.19 y Media 4.89 u Telecommunication 6.16 j Service 41.74 i Healthcare Service 8.68 o Consumer Service 4.75 p Business Service 2.64 a Financial Service 25.67 k Manufacturing 43.42 s Consumer Goods 6.81 d Industrial Materials 11.69 f Energy 18.21 g Utilities 6.71 AFN41561 9-9 29 Morningstar, Inc., Morningstar Profiles 312-696-6. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of information. Past performance is no guarantee of future performance. Visit our investment website at www.morningstar.com. 62 Page1of2

Release Date: 9-3-29 William Blair Small-Mid Cap Growth I Fund... Morningstar Category Overall Morningstar Rating Morningstar Return Morningstar Risk Russell 25 Growth TR USD Mid-Cap Growth QQQQ Above Average Below Average Rated against 75 Mid-Cap Growth funds. An investment's overall Morningstar Rating, based on its risk-adjusted return, is a weighted average of its applicable 3-, 5-, and 1-year Ratings. See disclosure for details. Strategy The investment seeks long-term capital appreciation. The fund normally invests at least 8% of its net assets in stocks of small and medium-sized companies. It primarily invests in a diversified portfolio of common stocks of small and medium-sized domestic growth companies that are expected to experience solid growth in earnings. The fund may also invest the remaining 2% of assets in companies with business characteristics and growth prospects similar to small and medium-sized companies, but which may have a market capitalization above the market capitalization of the largest member of the Russell Midcap Index. Fees and Expenses Fee 1.31% Operations and Management Product Inception Date 4-2-7 Initial Inception Date 12-29-3 Management Company William Blair & Company L.L.C. Volatility Analysis Low Moderate High Category In the past, this investment has shown a wide range of price fluctuations relative to other investments. This investment may experience significant price increases in favorable markets or undergo large price declines in adverse markets. Some of this risk may be offset by owning other investments that follow different investment strategies. Performance 6 45 3 15-15 -3-45 Total Return% as of 9-3-9 Average annual, if greater than 1 year YTD 1 Year 3 Year 5 Year 1 Year Since Inception 36.27 4.55.17 4.93 6.68 5.25 Fund Return % 34.18-3.8-2.32 3.74 2.63. Return % 31.56-3.1-2.83 3.14 2.88. Category Average %..... QQQQ QQQQ QQQQ. Morningstar Rating.. 75 638 324. # of Funds in Category Returns shown represent past performance which cannot guarantee future results and are net of investment fees, but not administrative fees. Your plan's specific returns may be lower. Also, current performance may be lower or higher than the performance data quoted above. Fund values and investment returns will vary and principal value, when redeemed, may be worth more or less than the original investment. Contact your plan administrator or access your online account at getretirementright.com for your plan's returns current to the most recent month-end. Consider the fund's investment objectives, risks, charges, and expenses before investing. Growth of $1, as of 9-3-9 $16,68 $14,46 25 2 15 1K 5 1999 2 21 22 23 24 25 26 27 28 9-9 Best 3 Month Return Worst 3 Month Return 28.46% -32.14% (Mar '9 - May '9) (Sep '8 - Nov '8) Notes Institutional Class, inception 12/29/3. The performance presented prior to Institutional Class inception is that of the managers separate account composite adjusted for expenses. The investment fee includes a.2% charge by United's retirement program product. Portfolio Analysis as of 8-31-9 Composition as of 8-31-9 U.S. Stocks 9.8 Non-U.S. Stocks 5.4 Bonds. Cash 3.7 Other. Top 1 Holdings as of 8-31-9 Silicon Laboratories, Inc. 2.81 Career Education Corporation 2.62 VistaPrint, Ltd. 2.39 Concur Technologies, Inc. 2.37 Transdigm Group, Inc. 2.36 Fastenal Company 2.28 Idexx Laboratories 2.2 Green Mountain Coffee Roasters, Inc. 2.1 DeVry, Inc. 2.6 Affiliated Managers Group, Inc. 1.98 Total Number of Stock Holdings 68 Total Number of Bond Holdings Morningstar Style Box as of 8-31-9 % Mkt Cap Giant.... Large 1.56 Medium 59.35 Small 33.36... Micro 5.73 Value Blend Growth Large Mid Small Morningstar Sectors as of 8-31-9 Fund% h Information 24.13 r Software 9.59 t Hardware 4.11 y Media 4.18 u Telecommunication 6.25 j Service 55.18 i Healthcare Service 9.9 o Consumer Service 8.69 p Business Service 27.31 a Financial Service 9.28 k Manufacturing 2.68 s Consumer Goods 9.44 d Industrial Materials 5.79 f Energy 5.45 g Utilities. AFN41565 9-9 29 Morningstar, Inc., Morningstar Profiles 312-696-6. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of information. Past performance is no guarantee of future performance. Visit our investment website at www.morningstar.com. 63 Page1of2

Release Date: 9-3-29 Cohen & Steers Institutional Realty Shares... Morningstar Category Overall Morningstar Rating Morningstar Return Morningstar Risk FTSE NAREIT Equity REITs TR Real Estate QQQQ Above Average Average Rated against 233 Real Estate funds. An investment's overall Morningstar Rating, based on its risk-adjusted return, is a weighted average of its applicable 3-, 5-, and 1-year Ratings. See disclosure for details. Strategy The investment seeks total return. The fund invests at least 8% of total assets in common stocks and other equity securities issued by domestic real estate companies. It may invest up to 2% of total assets in securities of foreign issuers which meet the same criteria for investment as domestic companies, or sponsored and unsponsored depositary receipts for such securities. The fund is nondiversified. Fees and Expenses Fee 1.1% Operations and Management Product Inception Date 4-2-7 Initial Inception Date 2-14- Management Company Cohen & Steers Capital Mgmt, Inc. Volatility Analysis Low Moderate High Category In the past, this investment has shown a wide range of price fluctuations relative to other investments. This investment may experience significant price increases in favorable markets or undergo large price declines in adverse markets. Some of this riskmay be offset by owning other investments that follow different investment strategies. Best 3 Month Return Worst 3 Month Return 4.29% -44.51% (Mar '9 - May '9) (Sep '8 - Nov '8) Notes Institutional Class, inception 2/14/. The investment fee includes a.35% charge by United's retirement program product. Performance 4 3 2 1-1 -2-3 Total Return% as of 9-3-9 Average annual, if greater than 1 year YTD 1 Year 3 Year 5 Year 1 Year Since Inception 21.59-21.8-1.98 3.41.. Fund Return % 17. -28.4-12.39 1.4.. Return %... 2.48-25.86-13.42.36.. Category Average %.. QQQQ QQQQ.. Morningstar Rating.. 233 25.. # of Funds in Category Returns shown represent past performance which cannot guarantee future results and are net of investment fees, but not administrative fees. Your plan's specific returns may be lower. Also, current performance may be lower or higher than the performance data quoted above. Fund values and investment returns will vary and principal value, when redeemed, may be worth more or less than the original investment. Contact your plan administrator or access your online account at getretirementright.com for your plan's returns current to the most recent month-end. Consider the fund's investment objectives, risks, charges, and expenses before investing. Growth of $1, as of 9-3-9 $27,24 $25,316 5 4 3 2 1K 1999 2 21 22 23 24 25 26 27 28 9-9 Portfolio Analysis as of 6-3-9 Composition as of 6-3-9 U.S. Stocks 95.1 Non-U.S. Stocks 1.7 Bonds. Cash 2.4 Other.8 Morningstar Style Box as of 6-3-9 % Mkt Cap Giant.... Large 18.91 Medium 51.15 Small 28.88... Micro 1.5 Value Blend Growth Large Mid Small Top 1 Holdings as of 6-3-9 Simon Property Group, Inc. 9.27 Public Storage 8.93 Vornado Realty Trust 6.3 Boston Properties, Inc. 5.72 Equity Residential 3.53 HCP, Inc. 3.4 SL Green Realty Corporation 2.88 ProLogis Trust 2.74 Host Hotels & Resorts, Inc. 2.54 Liberty Property Trust 2.47 Total Number of StockHoldings 57 Total Number of Bond Holdings Morningstar Sectors as of 6-3-9 Fund% h Information. r Software. t Hardware. y Media. u Telecommunication. j Service 1.1 i Healthcare Service 1. o Consumer Service.96 p Business Service. a Financial Service 98.5 k Manufacturing. s Consumer Goods. d Industrial Materials. f Energy. g Utilities. AFN41566 9-9 29 Morningstar, Inc., Morningstar Profiles 312-696-6. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of information. Past performance is no guarantee of future performance. Visit our investment website at www.morningstar.com. 64 Page1of2

Release Date: 9-3-29 Lord Abbett Fundamental Equity Fund... Morningstar Category Overall Morningstar Rating Morningstar Return Morningstar Risk Russell 3 Value TR USD Large Blend QQQQQ High Below Average Rated against 174Large Blend funds. An investment's overall Morningstar Rating, based on its risk-adjusted return, is a weighted average of its applicable 3-, 5-, and 1-year Ratings. See disclosure for details. Strategy The investment seeks long-term growth of capital and income. The fund normally invests at least 8% of the net assets, plus the amount of any borrowings for investment purposes, in equity securities. Fees and Expenses Fee 1.12% Operations and Management Product Inception Date 4-2-7 Initial Inception Date 3-31-3 Management Company Lord Abbett & Co. LLC Volatility Analysis Low Moderate High Category In the past, this investment has shown a relatively moderate range of price fluctuations relative to other investments. This investment may experience larger or smaller price declines or price increases depending on market conditions. Some of this risk may be offset by owning other investments with different portfolio makeups or investment strategies. Best 3 Month Return Worst 3 Month Return 23.39% -26.62% (Mar '9 - May '9) (Sep '8 - Nov '8) Notes Institutional Class, inception 3/31/3. The performance presented prior to Institutional Class inception is that of the Class A shares (inception: 7/15/96). The investment fee includes a.35% charge by United's retirement program product. Performance 4 3 2 1-1 -2-3 Total Return% as of 9-3-9 Average annual, if greater than 1 year YTD 1 Year 3 Year 5 Year 1 Year Since Inception 2.5 -.32-1.21 4.21 5.41 9.2 Fund Return % 14.97-1.79-7.78.96 2.97. Return % 21.28-5.46-5.13 1.22.69. Category Average %..... QQQQQ QQQQQ QQQQQ. Morningstar Rating.. 1741352 678. # of Funds in Category Returns shown represent past performance which cannot guarantee future results and are net of investment fees, but not administrative fees. Your plan's specific returns may be lower. Also, current performance may be lower or higher than the performance data quoted above. Fund values and investment returns will vary and principal value, when redeemed, may be worth more or less than the original investment. Contact your plan administrator or access your online account at getretirementright.com for your plan's returns current to the most recent month-end. Consider the fund's investment objectives, risks, charges, and expenses before investing. Growth of $1, as of 9-3-9 $18,324 $13,598 25 2 15 1K 5 1999 2 21 22 23 24 25 26 27 28 9-9 Portfolio Analysis as of 6-3-9 Composition as of 6-3-9 U.S. Stocks 87.9 Non-U.S. Stocks 9.2 Bonds. Cash 2.9 Other. Morningstar Style Box as of 6-3-9 % Mkt Cap Giant 22.26... Large 27.74 Medium 42.19 Small 7.33... Micro.49 Value Blend Growth Large Mid Small Top 1 Holdings as of 6-3-9 Abbott Laboratories 3.17 Davita, Inc. 2.76 Amgen, Inc. 2.49 State Street Corporation 2.18 United Technologies 2.1 Barrick Gold Corporation 1.87 Bank of New York Mellon Corporation 1.84 Adobe Systems Inc. 1.81 J.P. Morgan Chase & Co. 1.75 ITT Corporation 1.71 Total Number of Stock Holdings 18 Total Number of Bond Holdings Morningstar Sectors as of 6-3-9 Fund% h Information 6.44 r Software 4.78 t Hardware 1.25 y Media.41 u Telecommunication. j Service 51.5 i Healthcare Service 12.1 o Consumer Service 13.51 p Business Service 6.37 a Financial Service 19.7 k Manufacturing 42.51 s Consumer Goods 9.9 d Industrial Materials 19.11 f Energy 12.83 g Utilities.67 AFN41567 9-9 29 Morningstar, Inc., Morningstar Profiles 312-696-6. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of information. Past performance is no guarantee of future performance. Visit our investment website at www.morningstar.com. 65 Page1of2

Release Date: 9-3-29 Oppenheimer Global Fund... Morningstar Category Overall Morningstar Rating Morningstar Return Morningstar Risk MSCI World NR USD World Stock QQQQ Above Average Average Rated against 536 World Stock funds. An investment's overall Morningstar Rating, based on its risk-adjusted return, is a weighted average of its applicable 3-, 5-, and 1-year Ratings. See disclosure for details. Strategy The investment seeks capital appreciation. The fund invests mainly in common stocks of U.S. and foreign companies without limit in any country, including countries with developed or emerging markets. It currently emphasizes its investments in developed markets such as the United States, Western European countries and Japan. The fund does not limit investments in a particular capitalization range, but primarily invests in mid- and large-cap companies. Fees and Expenses Fee.9% Operations and Management Product Inception Date 4-2-7 Initial Inception Date 11-17-98 Management Company Oppenheimerfunds Inc Volatility Analysis Low Moderate High Category In the past, this investment has shown a wide range of price fluctuations relative to other investments. This investment may experience significant price increases in favorable markets or undergo large price declines in adverse markets. Some of this risk may be offset by owning other investments that follow different investment strategies. Best 3 Month Return Worst 3 Month Return 36.25% -35.19% (Oct '99 - Dec '99) (Sep '8 - Nov '8) Notes Institutional Class, inception 11/17/98. The investment fee includes a.2% charge by United's retirement program product. Performance 6 45 3 15-15 -3-45 Total Return% as of 9-3-9 Average annual, if greater than 1 year YTD 1 Year 3 Year 5 Year 1 Year Since Inception 33.4 3.7-3.29 5.33 6.3 7.82 Fund Return % 24.9-2.29-4.35 3.51.92. Return % 28.88.64-3.23 4.37 3.8. Category Average %..... QQQ QQQ QQQQ. Morningstar Rating.. 536 44 253. # of Funds in Category Returns shown represent past performance which cannot guarantee future results and are net of investment fees, but not administrative fees. Your plan's specific returns may be lower. Also, current performance may be lower or higher than the performance data quoted above. Fund values and investment returns will vary and principal value, when redeemed, may be worth more or less than the original investment. Contact your plan administrator or access your online account at getretirementright.com for your plan's returns current to the most recent month-end. Consider the fund's investment objectives, risks, charges, and expenses before investing. Growth of $1, as of 9-3-9 $21,445 $11,715 5 4 3 2 1K 1999 2 21 22 23 24 25 26 27 28 9-9 Portfolio Analysis as of 6-3-9 Composition as of 6-3-9 U.S. Stocks 34.6 Non-U.S. Stocks 63.9 Bonds. Cash.6 Other.8 Morningstar Style Box as of 6-3-9 % Mkt Cap Giant 42.58... Large 42.43 Medium 13.39 Small 1.36... Micro.24 Value Blend Growth Large Mid Small Top 1 Holdings as of 6-3-9 Ericsson Telephone Company 4.58 Juniper Networks, Inc. 2.37 Roche Holding AG 2.32 Siemens AG 2.3 Credit Suisse Grp 2.23 Microsoft Corporation 2.1 LVMH Moet Hennessy Louis Vuitton 1.94 Infosys Technologies, Ltd. 1.87 Intuit 1.87 SAP Corporation 1.8 Total Number of Stock Holdings 12 Total Number of Bond Holdings Morningstar World Regions as of 6-3-9 Fund% Americas 41. North America 36.15 Latin America 4.85 Greater Europe 42.27 United Kingdom 8.36 Europe Developed 33.4 Europe Emerging.51 Africa/Middle East. Greater Asia 16.73 Japan 11.85 Australasia.7 Asia Developed 2.1 Asia Emerging 2.8 AFN41569 9-9 29 Morningstar, Inc., Morningstar Profiles 312-696-6. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of information. Past performance is no guarantee of future performance. Visit our investment website at www.morningstar.com. 66 Page1of2

Disclosure options are subaccounts in an insurance company separate account maintained by United of Omaha Life Insurance Company that invests in the underlying mutual fund/collective trust investments or is managed by the specified investment manager. All funds may not be available as an investment option in a plan. The performance data given represents past performance and should not be considered indicative of future results. Principal value and investment return will fluctuate, so that an investor s units when redeemed may be worth more or less than the original investment. Fund portfolio statistics change over time. The fund is not FDIC-insured, may lose value and is not guaranteed by a bank or other financial institution. Performance Total return reflects performance without adjusting for administrative fees, but is adjusted to reflect the investment fee. If adjusted, administrative fees would reduce the performance quoted. The fund s performance is compared with that of an index. The index is an unmanaged portfolio of specified securities and the index does not reflect any initial or ongoing expenses. An investor cannot invest directly in an index. A fund s portfolio may differ significantly from the securities in the index. Mutual GlidePath Each Mutual GlidePath fund (e.g. 21, 215, etc.) invests in the corresponding target date fund of the Callan GlidePath Series, a collective investment trust of Wilmington Trust RISC. The Callan GlidePath Funds are not mutual funds. Rather, Wilmington Trust RISC has established a "group trust" within the meaning of IRS Revenue Ruling 81-1, as amended, which is managed by Callan Associates, Inc., a registered investment advisor. The group trusts are collective investment trusts exempt from registration under the Company Act of 194, as amended. The Mutual GlidePath benchmark is a glidepath-weighted calculation of the Russell 1 Index, Russell 2 Index, MSCI ACWI ex-us, Barclays Capital Aggregate Bond Index, NCREIF Property Index, 9 Day Treasury Bill, and Barclays Capital US TIPS Index. Due to a one quarter lag in performance reporting, the monthly return of the NCREIFProperty Index is estimated based on historical performance. Best and Worst 3 Month Performance Morningstar calculates best and worst 3-month period (in percentage) in-house on a monthly basis. Best 3-month Period: The highest total return the fund has posted in a consecutive three-month period over the trailing 15 years, or if a fund does not have 15 years of history, it will go back as far as the inception date. Worst 3-month Period: The lowest total return the fund has posted in a consecutive three-month period over the trailing 15 years, or if a fund does not have 15 years of history, it will go back as far as the inception date. Growth of $1, Graph The Growth of $1, graph shows a fund's performance based on how $1, invested in the fund would have grown over time. The returns used in the graph are not load-adjusted. The growth of $1, begins at the date of the fund's inception, or the first year listed on the graph, whichever is appropriate. Located alongside the fund's graph line is a line that represents the growth of $1, in an index. The inclusion of the index allows investors to compare the performance of the fund with the performance of a benchmark index. Composition Graph The Long/Short/Net bar chart replaces the Composition pie chart when a fund invests in shorts and derivatives. The overall net percentage value of each investment class is displayed. A short is any security in which a negative position is taken where the portfolio manager looks to profit from falling prices. A derivative is any future, forward, option or swap contract that provides exposure to assets like stocks, bonds, or commodities. Derivatives are also used to manage risk or to act on a view about the economy. Fee The investment fee represents the total operating expense ratio assessed by the Fund including any investment fee assessed by United and is subject to change. The investment fee does not include administrative fees. The investment fee and administrative fee charged to a plan will reduce the investment return of the Fund as set forth in the group annuity contract. Morningstar Rating Often simply called the Star Rating, the Morningstar Rating brings load-adjustments, performance (returns) and risk together into one evaluation. To determine a fund s star rating for a given time period (three, five, or 1 years), the fund's risk-adjusted return is plotted on a bell curve: If the fund scores in the top 1% of its category, it receives 5 stars (Highest); if it falls in the next 22.5% it receives 4 stars (Above Average); a place in the middle 35% earns 3 stars (Average); those lower still, in the next 22.5%, receive 2 stars (Below Average); and the bottom 1% get only 1 star (Lowest). The Overall Morningstar Rating is a weighted average of the available three-, five-, and 1-year ratings. Morningstar Return This statistic is a measurement of a fund s excess return over a risk-free rate (the return of the 9-day Treasury bill), after adjusting for all applicable loads and sales charges. In each Morningstar Category, the top 1% of funds earn a High Morningstar Return, the next 22.5% Above Average, the middle 35% Average, the next 22.5% Below Average, and the bottom 1% Low. Morningstar Return is measured for up to three time periods (three-, five-, and 1-years). These separate measures are then weighted and averaged to produce an overall measure for the fund. Funds with less than three years of performance history are not rated. Morningstar Risk This statistic evaluates the variations in a fund s monthly returns, with an emphasis on downside variations. In each Morningstar Category, the 1% of funds with the lowest measured risk are described as Low Risk, the next 22.5% Below Average, the middle 35% Average, the next 22.5% Above Average, and the top 1% High. Morningstar Risk is measured for up to three time periods (three-, five-, and 1-years). These separate measures are then weighted and averaged to produce an overall measure for the fund. Funds with less than three years of performance history are not rated. Morningstar Style Box The Morningstar Style Box reveals a fund s investment strategy. For equity funds and fixed-income funds respectively, the vertical axis shows the market capitalization of the stocks owned or the average credit quality of the bonds owned. The horizontal axis shows investment style (value, blend, or growth) or interest rate sensitivity as measured by a bond s duration (short, intermediate or long). Duration is a measure of interest-rate sensitivity-the longer a fund s duration, the more sensitive the fund is to shifts in interest rates. Risk Foreign Securities Funds/Emerging Markets Funds: The investor should note that funds that invest in foreign securities involve special additional risks. These risks include, but are not limited to, currency risk, political risk, and risk associated with varying accounting standards. Investing in emerging markets may accentuate these risks. Small Cap Funds: The investor should note that funds that invest in stocks of small companies involve additional risks. Smaller companies typically have a higher risk of failure, and are not as well established as larger blue-chip companies. Historically, smaller-company stocks have experienced a greater degree of market volatility than the overall market average. Mid Cap Funds: The investor should note that funds that invest in companies with market capitalizations below $1 billion involve additional risks. The securities of these companies may be more volatile and less liquid than the securities of larger companies. High-Yield Bond Funds: The investor should note that funds that invest in lower-rated debt securities (commonly referred to as junk bonds) involve additional risks because of the lower credit quality of the securities in the portfolio. The investor should be aware of the possible higher level of volatility, and increased risk of default. Fund offunds: It is important to note that an investment option with mutual funds in its portfolio may be subject to the expenses of those mutual funds in addition to those of the investment option itself. options are offered through a group variable annuity contract (Forms 91-GAQC-7 and 91-GAQC-7(OR)) issued by United of Omaha Life Insurance Company, which accepts full responsibility for all of United's contractual obligations under the contract but does not guarantee any contributions or investment returns except as provided in the annuity for the Guaranteed Account. Neither United of Omaha nor its representatives or affiliates offers investment advice in connection with the contract. AFN4211 9-9 29 Morningstar, Inc., Morningstar Profiles 312-696-6. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of information. Past performance is no guarantee of future performance. Visit our investment website at www.morningstar.com. 67 Page2of2

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If you re planning to retire in five years or less, your personal situation may require more detailed planning and analysis. Please consult your personal financial advisor. ASSESSMENT In order to choose the best portfolio, you need to evaluate the factors that will affect how much risk is appropriate for you. First, become acquainted with your investment personality and understand how you feel about risk (your Risk Tolerance). Your Time Horizon (how long you have to invest your savings) is another important factor, as is your potential cash flow needs. This worksheet will help you determine what type of investor you are. Answer the following questions and total your score for each section (time horizon, risk tolerance and personal finances). Then, add up the scores for each section for a total score. Use the scale to convert your score into one of five investment strategies. TIME HORIZON The number of years until you retire or need to use the money you ve saved. TIME HORIZON 1. How many more years do you plan to work before you start using your 41(k) savings? 3 to 4 years (1 points) 2 to 3 years (8 points) 1 to 2 years (6 points) 5 to 1 years (4 points) Less than 5 years (2 points) 2. How long do you expect to draw upon your 41(k) savings? 25 to 3 years (1 points) 2 to 25 years (8 points) 15 to 2 years (6 points) 1 to 15 years (4 points) Less than 1 years (2 points) RISK TOLERANCE The risk you are willing to take in exchange for the possibility of a greater return. RISK TOLERANCE 3. Which statement best describes your investment objective for your 41(k) plan? I am looking for stability of my account balance and want to avoid any losses. (1 point) I am looking for stability of my account, but I can accept a low to moderate amount of fluctuation in my account if I can have more growth potential. (2 points) I am focused on growth. I am not concerned about moderate fluctuations each year. (3 points) I am focused on growth, and I am willing to accept a higher level of risk for higher returns. (4 points) I am seeking the most growth possible, and I am not concerned about fluctuations in the value of my account. (5 points) I am not sure what my investment objective should be for my 41(k) plan account. (2 points) 4. Which statement best describes your approach as an investor? I am very cautious about taking risks, and I want to avoid losses in my account. (1 point) I am somewhat cautious about taking risks, and I can handle relatively small losses in my account occasionally. (2 points) I am mixed between taking risks that are generally associated with greater account growth potential and the desire to minimize short-term losses in my account. (3 points) I am open to taking some risks for growth potential. I am less concerned about short-term (less than one year) losses or gains; I am looking more for long-term growth in my investments. (4 points) I am a risk taker and want to maximize the growth of my account over the next decade or longer. I am not concerned about short-term losses. (5 points) I am not sure what type of investor I am. (2 points) Total your Time Horizon points: MGC8339_87 69

5. Generally, I m very impatient during unfavorable market conditions, and will usually change my mind often. I strongly agree. (1 point) I agree. (2 points) I somewhat agree. (3 points) I disagree. (4 points) I strongly disagree. (5 points) I m not sure. (2 points) 6. Consider the following ranges of possible returns over a one-year period. Which set of possibilities are you most comfortable with as it relates to your 41(k) investments? The ranges in the table above are based on historical returns over the last 75 years. The table reflects the range of returns you could have experienced in any one year. A (1 point) B (2 points) C (3 points) D (4 points) E (5 points) 7. The chart below shows possible growth of $1, over a five-year period for a series of different investment strategies. Which of the five scenarios are you most comfortable with as an investor? The ranges in the table above are based on historical returns over the last 75 years. The dollar amounts illustrate what could happen after five years if you had an initial investment of $1,. A (1 point) B (2 points) C (3 points) D (4 points) E (5 points) 8. What would you do if you heard on the news or read in the paper that the U.S. stock market suddenly dropped by 1 percent? I would change my strategy to something with less volatility. This kind of market volatility makes me very nervous I don t want to be exposed to this type of risk again. (1 point) I would move most of my account into something a bit less risky. This kind of market volatility makes me nervous, but I would consider getting back into stock funds when it has quieted down. (2 points) I would probably move half of my stock portfolio balance into something with less market volatility, such as cash or bonds. This kind of market volatility makes me a little nervous, so I would rather reduce some of my stock exposure until the market has quieted down. (3 points) I would stick with my investments, but I would probably worry about meeting my retirement goals and watch my account balance very closely. (4 points) I would stick with my investment selections and would not make any changes. I have enough time and patience to ride it out. (5 points) I don t know what I would do. (2 points) Total your Risk Tolerance points: PERSONAL FINANCES Finally, a third factor is how you will use your retirement savings to provide you with income during retirement. Industry experts generally discourage participants from using their retirement savings plan assets for shorter-term goals for goals other than retirement income. Generally, taking a loan or making a withdrawal from the plan (if allowed by your plan) may jeopardize your retirement income security. PERSONAL FINANCES 9. How likely is it that you will take a loan or withdrawal (if available in your plan) within the next five years? Very likely (1 point) Likely (2 points) Somewhat likely (3 points) Not very likely (4 points) Definitely not likely (5 points) 7

1. Do you have an emergency fund set aside to meet unexpected cash flow demands? No, I do not have money set aside for emergencies. (1 point) I have about one month s worth. (2 points) I have two to three months worth. (3 points) I have four to six months worth. (4 points) I have more than six months worth. (5 points) Total your Personal Finance points: SCORING Add your Time Horizon, Risk Tolerance and Personal Finance scores to derive your Total Score. Match your Total Score with the scale to the right for an Asset Allocation portfolio that corresponds to your score. Time Horizon Points: Risk Tolerance Points: Personal Finance Points: TOTAL SCORE: 71

How Should I Invest My Money? SELECT A PROFESSIONAL INVESTMENT PORTFOLIO USING MUTUAL DIRECTIONS. These models make investing simple, yet are designed for all types of investors. The Mutual Directions models are the result of a disciplined investment manager selection and review process and intense research. Factors such as historical performance of asset classes are used to select an efficient mix that seeks to maximize returns for a given level of risk. Of course, choosing a model does not guarantee returns or insure against losses. WHAT THE MUTUAL DIRECTIONS MODELS CAN DO FOR YOU: ASSET ALLOCATION Spread your money across different asset categories to help you achieve the highest potential return while minimizing risk. DIVERSIFICATION Mutual Directions are portfolios of funds based on sound investment principles and processes. You ll be hard-pressed to find an investment plan with this level of professional diversification and ease of use. REBALANCING The quarterly process of adjusting back to the targeted allocation percentages. Record your Total Score from the previous page: IF YOUR SCORE IS: CONSIDER USING: 18 points or less Mutual Directions 1 Between 19 & 3 points Mutual Directions 2 Between 31 & 42 points Mutual Directions 3 Between 43 & 54 points Mutual Directions 4 Between 55 & 6 points Mutual Directions 5 If determining the appropriate Mutual Directions model, you should consider your other assets, income and investments, and other retirement plan assets that may be available to you at retirement, in addition to your 41(k) plan. Please review your Information for detailed information about the Mutual Directions portfolios and other investments in your plan. NEXT STEP: If you are enrolling for the first time, select the appropriate Mutual Directions portfolio on your enrollment form. 72

Build Your Own Portfolio The five Mutual Directions models fit the needs of many investors. For those participants who want to be more involved in determining their retirement portfolio, several individual investment options are available. You can create your own portfolio by including any percent of any fund totaling 1 percent, of course. You are responsible for allocating the assets, diversifying and rebalancing. Below are five model investment strategies, each with their potential returns and associated levels of risk. Use your score from the Portfolio Selection Worksheet to help you choose a strategy that suits your needs or modify it. Use these models as a guide for building your own investment mix from the options offered in your plan. If there is a mix similar to one of the Mutual Directions portfolios, you may want to consider using the Mutual Directions portfolio, and take advantage of such benefits as a structured portfolio, strategic asset allocation, built-in diversification and automatic rebalancing. Your Total Score from the Portfolio Selection Worksheet: Once you have selected the investment strategy most appropriate for your needs, please refer to your Information for details on additional investment options available in your plan. NEXT STEP: If you are enrolling for the first time, select the appropriate fund options on your enrollment form. options are offered through a group variable annuity contract (Forms 9-GAQC-97, 9-GAQC-7(NC), 9-GAQC-7(OR), and 9-GAQC-7(WI)) issued by United of Omaha Life Insurance Company, which accepts full responsibility for all of United s contractual obligations under the contract but does not guarantee any contributions or investment returns except as provided in the annuity for the Guaranteed Account. Neither United of Omaha nor its representatives or affiliates offers investment advice in connection with the contract. 73