1. Independent Advisors Forum A Penn Mutual Due Diligence Meeting

2. Advanced Sales Support and Services David A. Scott, J.D., CLU Vice President, Advanced Sales

3. Advanced Sales Staff ►David A. Scott, J.D., CLU ►Ted Kirchner, J.D., CLU, ChFC ►Eva M. Victor, J.D., LL.M. ►Lynn Nolan, CLU, ChFC 26 Initials - 9 Post-Graduate Degrees/Professional Designations 45+ Years with Penn Mutual 85+ Years of Industry Experience

4. Department Mission ►Provide Sales, Technical, and Legal Support in the Areas of: ●Estate Planning ●Business Succession Planning ●Selective Employee Benefit Plans ●Charitable Planning ●Retirement Planning ●Income, Gift & Estate Taxation

5. Sales Support & Services ►Case Consultation - (800) 818-8184 ►Legal/Technical Assistance ●Specimen Forms & Documents ●Consultation With Clients’ Advisors ►Proposals & Illustrations ●Estate Analysis, Charitable Planning, Selective Benefits & Deferred Compensation, Split Dollar, Other Advanced Illustrations & Proposals

6. Sales Support & Services ►Marketing Materials ●Brochures ●Concept Presentation Binders ►Advanced Markets Online (AMO), Including Documents & Salesmaker ►Education & Training ►2007 Bi-Monthly Teleconference Series ►Advanced Sales Website:www.pennmutual.com Click on: Producers Place Advanced Sales Support

7. Advanced Sales Website ►Department Directory ►Advanced Markets Online (AMO) ►News & Announcements ●Legislation,Teleconferences, etc. ►Advanced Sales Concepts & Markets ►Specimen Forms ►Links to Related Information and Other Websites

8. Case Development

9. FAQs ►Will you speak to my client on the phone? ●No ►Will you speak to my client’s advisors on the phone? ●Yes ►Will you join me on a sales call? ●No ►Will you review my clients legal documents? ●Yes ►Will you draft documents for my client? ●No

10. Penn Mutual’s Advanced Sales Department MORE SALES... LESS ADVANCED!