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Stock Market Index Fund Quarterly Summary Profile as of June 30, 2007 (except where noted) Investment Allocation Objective Provide long-term growth of principal and income by matching, as closely as possible, the return of the S&P 500 Stock Index. Characteristics The Stock Market Index Fund is a stock fund that invests in units of the State Street Global Advisors S&P 500 Flagship Series Fund, a bank commingled fund for tax exempt retirement plans, which is managed by State Street Global Advisors. Attempts to replicate the S&P 500 Stock Index. 100% exposure to equity market. Passive management style Investment Process Purchases each security in the same capitalization weight as it appears in the S&P 500 Stock Index. Replication results in low turnover, accurate tracking and low costs. Buys and holds securities, trading only when there is a change to the composition of the Index or cash-flow activity occurs. Fees An investment fee of 0.24% is assessed. Historical Investment Style Fund Facts Managed by: State Street Global Advisors Type: Domestic Stock Fund Returns shown represent past performance which cannot guarantee future results and are net of investment fees, but not administrative fees. Your plan's specific returns may be lower. Also, current performance may be lower or higher than the performance data quoted above. Fund values and investment returns will vary and principal value, when redeemed, may be worth more or less than the original investment. Contact your plan administrator or access your online account for your plan's returns current to the most recent month-end. All funds may not be available as an investment option in a plan. Fund invests in State Street Global Advisors' S&P 500 Flagship Series Fund, a bank commingled fund for tax exempt retirement plans (inception, 1/1/78). The investment fee represents the total operating expense ratio assessed by a Fund and is subject to change. The investment fee and administrative fee charged to a plan will reduce the investment return of the Fund as set forth in the group annuity contract. Data for relevant risk statistics represent the State Street Global Advisor's (SSgA) S&P 500 Flagship Series Fund and actual returns of the Fund using quarterly data for the past five years. Comparative peer group style data is based on equity and fixed income databases maintained by Callan Associates Inc. Comparative database for the Stock Market Index is the Callan Domestic Equity Large Cap Style Mutual Fund database. There is no guarantee the funds will achieve their objectives, and past performance is no guarantee of future returns. Fund values and investment returns will vary and principal values, when redeemed may be more or less than the original investment. The funds are not insured by the FDIC or by any other governmental agency; they are not obligations of the FDIC nor are they deposits or obligations of or guaranteed by the investment managers or their organizations. Profile statistics are provided by Callan Associates Inc. Data such as portfolio statistics, sectors, and holdings is subject to change daily and is not guaranteed for accuracy or completeness. Index names may contain trademarks and are the exclusive property of their respective owners. Standard & Poor's® (S&P ) 500 Index - a composite of the largest capitalized common stocks in the U.S. Investment options are offered through a group variable annuity (Form 900-GAQC-97) issued by United of Omaha Life Insurance Company, which accepts full responsibility for all of United's contractual obligations under the annuity but does not guarantee any contributions or investment returns except as provided in the annuity for the Guaranteed Account. Neither United of Omaha nor its representatives or affiliates offers legal or investment advice in connection with the product. United of Omaha is not licensed in New York. In New York, services are provided by Mutual of Omaha Insurance Company. For specific information about your benefits, please refer to your Summary Plan Description. AFN39590_0607