1. Long term returns for key U.S. asset classes Large Company Stocks Small Company Stocks Long Term CorporateBonds

2. Based on data from Morningstar Stocks, Bonds, Bills and Inflation Yearbook Long Term Returns Asset Class Average Return: 1926 - 2006 U.S. Small Company Stocks 12.7% U.S. Large Company Stocks10.4% U.S. Long Term Corporate Bonds 5.9%

3. Based on data from Morningstar Stocks, Bonds, Bills and Inflation Yearbook Value of $1000 invested Long Term Value of $1000 after Return 5 years 10 years 20 years U.S. Small Company Stocks 12.7% $1818 $3306 $10926 U.S. Large Company Stocks 10.4% $1640 $2690 $ 7234 U.S. Large Company Bonds 5.9% $1332 $1774 $ 3147

4. Based on data from Morningstar Stocks, Bonds, Bills and Inflation Yearbook Growth in large co. stocks vs large company bonds Long Term Growth in $1000 after Return 5 years 10 years 20 years U.S. Large Company Stocks 10.4% $ 640 $1690 $ 6234 U.S. Large Company Bonds 5.9% $ 332 $ 774 $ 2147 Difference in growth 1.7x 1.9x 2.2x 2.9x

5. U.S. Large Company Stocks Returns from 1926 – 2006 Morningstar Stocks, Bonds, Bills and Inflation Yearbook

6. Based on data from Morningstar Stocks, Bonds, Bills and Inflation Yearbook Asset class: U.S. Large Company Stocks Time period: 1926 - 2006 Returns for 1 year Best return: 54% Worst return:-43% Gap between best and worst returns: 97%

7. Based on data from Morningstar Stocks, Bonds, Bills and Inflation Yearbook Asset class: U.S. Large Company Stocks Time period: 1928 - 2006 Average annual returns for 3 years Best return: 31% Worst return:-27% Gap between best and worst returns: 58%

8. Based on data from Morningstar Stocks, Bonds, Bills and Inflation Yearbook Asset class: U.S. Large Company Stocks Time period: 1930 – 2006 Average annual returns for 5 years Best return: 29% Worst return:-13% Gap between best and worst returns: 42%

9. Based on data from Morningstar Stocks, Bonds, Bills and Inflation Yearbook Asset class: U.S. Large Company Stocks Time period: 1936 - 2006 Average annual returns for 10 years Best return:20% Worst return: -1% Gap between best and worst returns:21%

10. Based on data from Morningstar Stocks, Bonds, Bills and Inflation Yearbook Asset class: U.S. Large Company Stocks Time period: 1940 - 2006 Average annual returns for 15 years Best return:19% Worst return: 1% Gap between best and worst returns:18%

11. Based on data from Morningstar Stocks, Bonds, Bills and Inflation Yearbook Asset class: U.S. Large Company Stocks Time period: 1945 - 2006 Average annual returns for 20 years Best return:18% Worst return: 3% Gap between best and worst returns:15%

12. Based on data from Morningstar Stocks, Bonds, Bills and Inflation Yearbook 10 year periods when U.S. Bonds beat U.S. Stocks (1936 – 2006) 10 year periodReturn on U.S. Return on U.S. large ending corporate bonds company stocks Difference 1935 7.1% 5.9%1.2% 1937 6.5% 0.0%6.5% 1938 6.9% - 0.9% 7.8% 1939 6.9% - 0.1%7.0% 1940 6.5% 1.8%4.7% 1941 7.0% 6.4%0.6% 1974 2.1% 1.2%0.9% 1979 6.2% 5.9%0.3% 1991 16.3% 15.3%1.0%

13. Based on data from Morningstar Stocks, Bonds, Bills and Inflation Yearbook Average returns on large company stocks (1926 – 2006) Time period 1 Year 5 Years 10 Years % ReturnGains Losses Gains Losses Gains Losses Under 5% 3 4 85 62 5 – 9% 7 9 122 20- 10 – 14% 7 5 183 17 - 15 – 19% 8 1 19- 25- 20 – 24% 10 1 9--- Over 25% 22 4 1--- Total 5724 67 1069 2 % of periods with positive return 70%87%97%

14. Based on data from Morningstar Stocks, Bonds, Bills and Inflation Yearbook Average returns on Large Company Stocks (1926 – 2006) 1 Years 5 Years 10 Years Gains Losses Gains Losses Gains Losses Average Gain / Loss23%(12%)13% (6%)12% (1%) Best / worst return54%(43%) 29% (12%)20% (1%) Best / worst period From 193319311995 1928 1949 1929 To1999 1932 1958 1938 Value of $1000 at end of period $1539$567 $3511 $514 $6223 $915

15. U.S. Small Company Stocks Returns from 1926 – 2006 Morningstar Stocks, Bonds, Bills and Inflation Yearbook

16. Based on data from Morningstar Stocks, Bonds, Bills and Inflation Yearbook Asset class: U.S. Small Company Stocks Time period: 1926 - 2006 Returns for 1 year *143 Best return:143% Worst return:- 58% Gap between best and worst returns:201%

17. Based on data from Morningstar Stocks, Bonds, Bills and Inflation Yearbook Asset class: U.S. Small Company Stocks Time period: 1928 - 2006 Average annual returns for 3 years Best return: 71% Worst return:-47% Gap between best and worst returns:118%

18. Based on data from Morningstar Stocks, Bonds, Bills and Inflation Yearbook Asset class: U.S. Small Company Stocks Time period: 1930 - 2006 Average annual returns for 5 years Best return: 46% Worst return:-28% Gap between best and worst returns: 74%

19. Based on data from Morningstar Stocks, Bonds, Bills and Inflation Yearbook Asset class: U.S. Small Company Stocks Time period: 1935 - 2006 Average annual returns for 10 years Best return:30% Worst return: -6% Gap between best and worst returns:36%

20. Based on data from Morningstar Stocks, Bonds, Bills and Inflation Yearbook Asset class: U.S. Small Company Stocks Time period: 1940 - 2006 Average annual returns for 15 years Best return:23% Worst return: -1% Gap between best and worst returns:24%

21. Based on data from Morningstar Stocks, Bonds, Bills and Inflation Yearbook Asset class: U.S. Small Company Stocks Time period: 1946 - 2006 Average annual returns for 20 years Best return:20% Worst return: 6% Gap between best and worst returns:14%

22. U.S. Long Term Corporate Bonds Returns from 1926 – 2006 Morningstar Stocks, Bonds, Bills and Inflation Yearbook

23. Based on data from Morningstar Stocks, Bonds, Bills and Inflation Yearbook Asset class: U.S. Long Term Corporate Bonds Time period: 1926 – 2006 Returns for 1 year Best return:43% Worst return:- 8% Gap between best and worst returns:51%

24. Based on data from Morningstar Stocks, Bonds, Bills and Inflation Yearbook Asset class: U.S. Long Term Corporate Bonds Time period: 1928 - 2006 Average annual return for 3 years Best return:22% Worst return:- 4% Gap between best and worst returns:26%

25. Based on data from Morningstar Stocks, Bonds, Bills and Inflation Yearbook Asset class: U.S. Long Term Corporate Bonds Time period: 1930 - 2006 Average annual returns for 5 years Best return:23% Worst return:-2% Gap between best and worst returns:25%

26. Based on data from Morningstar Stocks, Bonds, Bills and Inflation Yearbook Asset class: U.S. Long Term Corporate Bonds Time period: 1935 - 2006 Average annual returns for 10 years Best return:16% Worst return: 1% Gap between best and worst returns:15%