The County of San Mateo 457 Deferred Compensation Plan Hello and welcome. On December 18, 2009, The Hartford will become the exclusive 457 deferred compensation program provider to all County of San Mateo plan participants. Today we are going to discuss how and why the County has consolidated its retirement plan providers, how this benefits and impacts you, and who to contact should you have any questions. Let The Hartford help you Achieve What’s Ahead.

Achieve What’s Ahead. Partnership Trust Flexibility Retirement experts here for you when and where you need us Local specialists Licensed phone representatives Award-winning service - The only retirement program provider to be recognized for service with six consecutive DALBAR Retirement Plan Service Awards (2003-2008) Trust Trusted since 1810 Insuring and providing financial services to more than 21 million people1 Helping more than 1.6 million participants retire1 Nearly 40 years retirement plans experience One of the World’s Most Ethical Companies (2008 and 2009), Ethisphere Institute EPA Climate Leader Flexibility Programs to meet your needs today and for the long term Award-winning investment education2 – in person, in print and online Investment options for the “do-it-myself” and the “do-it-for-me” investor to suit your style Before we get started, I’d like to share a little bit about The Hartford. We’ve been working with many of you for quite some time. But for those whose accounts will transition to The Hartford as part of the County’s consolidation of providers, here’s a brief overview. First, we’re committed to be here with you for the long term. Millions of customers have trusted us to help them grow and protect their assets for nearly 200 years. You might even recognize some of those customers – President Abraham Lincoln. General Robert E. Lee. Babe Ruth to name a few. Today, more than 1.6 million employees like you work with us toward achieving their retirement dreams. Second, our flexible programs are designed to grow and change with your plan. Finally, our experts are here when and how you need us to be – at every stage of the retirement planning process. Exceptional service isn’t what we do – it’s who we are. And we have independent recognition of our ability to deliver on our service commitment. 1As of 6/30/09 2Recognized by Pensions & Investments magazine and Profit Sharing/401k Council of America (PSCA) with 15 awards in 2008 and 2009

Agenda What’s changed? What’s in it for you? Transition overview Contact information Questions Now, with that introduction, the things we’ll focus on today are: Why the change? Why was The Hartford chosen? Transition overview Contact information Questions Let’s get started.

What’s changed? The Hartford is now the exclusive provider of the County of San Mateo’s 457 plan. As part of its commitment to providing the best retirement plan possible, The County conducted a thorough review of several providers, as it does periodically. The Hartford excelled in the following categories: Service Educational resources Competitive fees What’s changed, and why did the County decide to consolidate providers? The County of San Mateo is committed to providing you with the best retirement program possible and as such, periodically solicits competitive reviews from retirement plan providers. After a thorough evaluation of several providers, County selected The Hartford as the exclusive provider of its 457 deferred compensation plan. The Hartford excelled in the following categories: Service Educational resources Competitive Fees

What’s in it for you? Dedicated, in-person education and assistance. Lauren Bowes, your local Hartford representative, will provide on-site, ongoing support in group or individual meetings. Contact Lauren at (650)207-4415 or lauren.bowes@hartfordlife.com Group meetings and seminars for retirement planning and ongoing investment education Individual meetings and personalized retirement planning using TRAK software Ensuring that you have all the tools your need to make informed retirement plan decision is important to County. And one of the hallmarks of our program is our in-person support of each and every participant. Lauren Bowes, is available to provide education and assistance on an ongoing basis in group or individual settings. You also have access to the Participant call center Monday through Friday 8 AM to 8 PM (EST). Please be sure to request a service specialist when you call in.

What’s in it for you? Financial planning expertise. Augmenting Lauren’s services is your local representative from Woodbury Financial Services, Inc. Holistic financial planning assistance to address your complete financial planning picture Personalized financial plan available at no additional cost to you Lauren’s role is to assist and guide you during the retirement planning process – to help make sure you have the information and tools to make informed decisions, to provide basic and ongoing investment education, to make sure you understand the investment choices available to you. But your retirement program is only one piece of your overall financial picture. Because you may have financial needs and questions that extend beyond the 457 plan, the County of San Mateo is making available personalized financial planning expertise. Through your local Woodbury Financial Services, Inc. representative, you’ll have access to a holistic and personalized financial plan at no additional cost to you.

What’s in it for you? In print and online educational resources – for every type of investor, at every stage of the retirement planning process. Customized retirement planning website Interactive calculators Educational articles Retirement resources Morningstar® Online Advice Great for the “Do it For Me” investor When you provide some basic information, Morningstar answers these critical questions: How much do I need to contribute? Where do I invest my contributions? Creates a personalized retirement strategy Provides personalized investment advice based on your plan’s available investment options The Hartford’s program also features in print and online educational resources that target every type of investor, at every stage of the retirement planning process. (Read slide)

What’s in it for you? In print and online educational resources – for every type of investor, at every stage of the retirement planning process. Personalized retirement planning advice from an independent third party, Financial Soundings* Participants and eligible employees (as determined by the County) will receive personalized investment advice each year via the “Annual Portfolio Review” Includes retirement income gap analysis and recommendations No cost to you In addition, the County of San Mateo’s plan features participant advice through an independent third party, Financial Soundings Participants and eligible employees (as determined by the County) will receive personalized investment advice each year via the “Annual Portfolio Review” Insights investment advice statement called “Annual Portfolio Review” to all employees No direct cost to you *The Hartford and its affiliates are not affiliated with Financial Soundings, Inc. (FS”). Investment advisory products and services are provided by Financial Soundings, Inc, a registered investment adviser and a wholly owned subsidiary of Financial Soundings, Incorporated. .

What’s in it for you? New investment option lineup Effective at the close of business on November 13, 2009, the County will add 20 new investment options Reduced expenses on six (6) existing investment options, effective at the close of business on November 25, 2009 Elimination of 14 existing investment options that no longer met the County of San Mateo’s criteria, effective at the close of business November 25, 2009 Read slide

What’s in it for you? Investment lineup changes For more information about these changes, please refer to the “Mapping Schedule” for a list of the funds that will be eliminated and all of the investment options that will be available under the County’s plan, as part of The Hartford’s program. NOTE: “Mapping” involves the transfer of assets from one investment option to another, “like” investment option, based on the investment option’s asset class and investment objective, ex: Small cap investment option A to Small cap investment option B You can see a complete listing of the investment options that will go away, along with those that will make up the County’s new lineup, by referring to the “Mapping Schedule” that we passed out at the beginning of the presentation.

What’s in it for you? Competitive fees No sales charges or CDSC as a result of this transfer No administrative/recordkeeping fees No withdrawal (“surrender”) charges on distributions for The Hartford’s program For more information about contract charges and expenses and/or underlying fund-level expenses: Please call The Hartford at (800) 528-9009 and request a service specialist, or See the investment option fee schedule in your education kit. As a result of the County’s decision to make Hartford the exclusive provider, there are: No sales charges or CDSC as a result of this transfer No administrative/recordkeeping fees such as annual maintenance fees No withdrawal (“surrender”) charges on distributions for The Hartford’s program For more information about contract charges and expenses and/or underlying fund-level expenses: please call The Hartford at (800) 528-9009 and ask to speak with a service specialist. Or you can see the investment option fee schedule in your education kit.

Transition overview Current participants in The Hartford’s program will automatically receive these service enhancements. Things you need to know/do: You will be able to make investment option changes to your account until the close of business on December 11, 2009 You will be unable to perform transactions on your account from the close of business on December 11 through 5 a.m. PT on December 24, while the transition occurs Please review all information relevant to the new investment options, along with your overall account allocation, to determine if you wish to make changes prior to the transition period So we’ve talked about the benefits of The Hartford’s program – now let’s talk about what will happen as this transition takes place – both the current Hartford program participants, and participants who have an account with Nationwide. Read slide

Transition overview If you currently participate in Nationwide’s program, your account will transition to The Hartford, beginning after the close of business on December 11, 2009. Assets in your account will remain invested with your current provider until transferred to The Hartford; you will not incur any transaction fees as a result of this change You will be unable to access your account from the close of business on December 11 through 5 a.m. PT December 24, while the transition occurs Your account will remain invested at Nationwide through December 17; the assets will be reinvested at The Harford on December 18. You will be out of the market for one day Beginning December 24, you will have access to your account at The Hartford and may resume transaction activity Your first quarterly Statement of Account from The Hartford will be issued on December 31, 2009 and will reflect your account’s transition to The Hartford; you also will receive a confirmation of the transfer of assets to The Hartford Read slide

Transition overview Will my payments be disrupted during this transition? If you receive periodic installment payments, they will be accelerated for the month of December so they are not disrupted by the transition period. Any payments scheduled for distribution after the transition will be generated by The Hartford beginning in January, 2010. Your current distribution method (direct deposit or regular mail) will not be affected by this transition. It’s important to note that there will be no disruption in payments during the transition period. Read slide.

Transition overview Will these changes affect my loan? No changes to loan(s) for current Hartford participants Nationwide participants with active loans have the following options 1) pay your loan in full with Nationwide; 2) allow Hartford to take over the loan and then pay the loan in full or 3) have Hartford continue to service the loan which requires the completion and return of a new ACH form* that will be included in the mailing. PLEASE NOTE: If ACH information is not provided to Hartford, and the loan is not paid off, then the loan may be subject to default and tax consequences will result. The date by which you need to provide this information will be included in the mailing you will receive during the week of November 9. If you are a Hartford participant and have a loan, these changes will not affect your loan. If you are a Nationwide participant and currently have an active loan, you will have three options: 1) pay your loan in full with Nationwide; 2) allow Hartford to take over the loan and then pay the loan in full or 3) have Hartford continue to service the loan which requires the completion and return of a new ACH form* that will be included in the mailing. *If ACH information is not provided to Hartford, and the loan is not paid off, then the loan may be subject to default and tax consequences will result. The date by which you need to provide this information will be included in the mailing you wil receive the week of November 9.

Transition Timeline: Nationwide to Hartford December 4, 2009 Last payroll contribution to Nationwide December 11, 2009 Transition Period begins at 1:00 p.m. PT December 17, 2009 Assets are liquidated December 18, 2009 Assets transferred and invested at The Hartford December 18, 2009 First payroll contribution to The Hartford December 24, 2009 Transition Period ends at 5:00 a.m. PT So, at a high level, here are the major milestones associated with the consolidation of all plan accounts to The Hartford. Read slide.

Transition overview How will my account transition from Nationwide to The Hartford? The Hartford will transfer (“map”) your account assets, and your future contribution allocation, to investment options within Hartford’s retirement program based primarily on two things, as determined by the County of San Mateo: Like asset classes Example: An investment option in the asset class of “mid-cap growth” at your current provider would be transferred, or “mapped”, to another investment option in the “mid cap growth” category in The Hartford’s retirement program. Like investment objectives Example: An investment option with an objective of long-term growth would be transferred to another investment option with an objective of long-term growth PLEASE NOTE: If you have an account with both Hartford and Nationwide, future allocations will be recalculated so that your total allocation remains consistent with your current allocation mix. Now, you may be wondering how The Hartford will know where to move your money. At the direction of The County of San Mateo, when applicable, we will transfer assets to “new” investment options based primarily on two things: -Like asset classes -Like investment objectives For a visual representation of how the investment options will be mapped from your current provider to The Hartford, please see the handout provided. (Investment Options Mapping Guide)

Transition overview What do I have to do? NOTHING. Current Hartford participants will not have account access following the market close on December 11, 2009 through 5 a.m. PT on December 24, 2009 Participants transitioning from Nationwide need to do nothing to effect the transfer. The transition will occur automatically, and all details will be reported on the written confirmation of the transfer and the first Statement of Account from The Hartford. As mentioned earlier, if you have a loan that you want The Hartford to service after the transition, you will need to provide us with ACH banking information. Read slide.

Transition overview How will my assets in a Certificate of Deposit (CD) be transitioned to The Hartford? The CD option currently offered through the Nationwide program will be terminated Account balances in the CD option will automatically be transitioned to the General (Declared Rate) Account, available under The Hartford’s program The General Account rate for December 2009 will be 4.0% The General Account rate for 2010 will be 4.25% The minimum guaranteed rate of interest for the life of The Hartford’s contract with the County of San Mateo will be 4.0% You will not incur any early withdrawal penalties as a result of this change Read slide.

Transition overview What if I have a PST (Part Time Seasonal and Temporary Worker) Plan ? If you PARS participant, your current account will terminate effective November 30, 2009 Your December contributions will be made to the new PST program with The Hartford Your PARS account assets will be valued as of December 31, 2009 PARS account assets will transfer to The Hartford in three payments in January, February, and March 2010 Additional details will be outlined in a mailing that you will receive in the fourth quarter of 2009 Read slide.

Contact information Hartford Representative Lauren Bowes: (650)207-4415 Hartford Service Center (800) 528-9009 ask to speak to a service specialist Your local Hartford representative and our service center representatives are here to help you with any questions during this transition: Hartford Representative Lauren Bowes: (650)207-4415 Hartford Service Center (800) 528-9009 ask to speak to a service specialist

Thank you. Any Questions? Thank you. Any questions?

Important information “The Hartford” is The Hartford Financial Services Group, Inc. and its subsidiaries, including issuing company Hartford Life Insurance Company. The Possibilities TM program is funded by a group variable funding agreement (HL 16553) issued by Hartford Life Insurance Company (Simsbury, CT). This presentation must be preceded or accompanied by currently effective disclosure documents (including the Program Overview, Program Highlights, Investment Option Fee Schedule and applicable historical investment option performance information). Read this material carefully before you invest or send money. This information is written in connection with the promotion or marketing of the matter(s) addressed in this material. The information cannot be used or relied upon for the purpose of avoiding IRS penalties. Neither The Hartford, nor its agents or employees, provide tax or legal advice. As with all matters of a tax or legal nature, you should consult your own tax or legal counsel for advice.