Financial information concerning The Guardian Life Insurance Company of America as of 12/31/05 on a statutory basis: Admitted Assets = $24.8 Billion; Liabilities = $21.6 Billion (including $18.1 Billion of Reserves); and Surplus = $3.2 Billion.

Securities products and services are offered through Park Avenue Securities LLC(PAS) and Guardian Investor Services LLC (GIS) located at 7 Hanover Square, New York, NY 10004. GIS and PAS are indirect wholly owned subsidiaries of The Guardian Life Insurance Company of America, New York, NY.