Flex Plan: Latest Declaration

	2011 Bonus	Interim Bonus on  maturity/death	Interim Bonus on surrender/change of currency
Danish Krone	2.00%	2.00%	1.00%
Euro	1.00%	1.50%	0.75%
Norwegian Krone	2.50%	3.25%	1.625%
Pound Sterling	1.50%	1.75%	0.875%
Swedish Krona	3.00%	3.00%	1.50%
Swiss Franc	0.50%	1.75%	0.875%
United States Dollar	1.50%	1.50%	0.75%

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.