Flex Plan: Latest Declaration

	2007 Bonus	Interim Bonus on maturity/death	Interim Bonus on surrender/change of currency
Danish Krone	3.5%	3.5%	1.75%
Euro	3.5%	3.5%	1.75%
Norwegian Krone	3.5%	4.0%	2.0%
Sterling	5.5%	4.5%	2.25%
Swedish Krona	4.0%	3.5%	1.75%
Swiss Franc	1.5%	2.0%	1.0%
US Dollar	5.5%	3.5%	1.75%

The Flex Plan bonus is added to each policyholder’s account at the end of the year. A proportion of the full annual rate of bonus is credited in relation to each part of the account which has been held for a period other than a full year.

The interim bonus rate applies to policies maturing due to death, retirement, surrender or change of currency, before the next declaration.  The amount credited will be a proportion of the full annual bonus rate based on completed months to the date of claim. Interim bonus rates may be reviewed at any time.