Financial information concerning The Guardian Life Insurance Company of America as of 12/31/07 on a statutory basis: Admitted Assets = $28.3 Billion; Liabilities = $24.6 Billion (including $20.8 Billion of Reserves); and Surplus = $3.7 Billion.

Annuities and variable insurance products are issued by The Guardian Insurance & Annuity Company, Inc. (GIAC), a Delaware corporation. Variable insurance products and RS funds are distributed by Guardian Investor Services LLC (GIS). GIAC is located at 7 Hanover Square, NY, NY 10004. GIAC is a wholly owned subsidiary of The Guardian Life Insurance Company of America, New York, NY.

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.

Mutual funds, variable insurance products and their variable investment options offered through GIAC's variable products are sold by prospectuses only. Prospectuses contain important information, including fees and expenses. Please read the prospectuses carefully before investing or sending money. You should consider the investment objectives, risks, fees and charges of the investment company carefully before investing. Prospectuses can be obtained from your investment professional or by calling Guardian Investor Services LLC at 800-221-3253. A copy of the prospectus for RS funds may be obtained by clicking here.

Mutual funds, and variable insurance products, along with their underlying investment options, are not deposits or obligations of, or guaranteed or endorsed by the Federal Deposit Insurance Corporation (FDIC), any bank or depository, nor are they insured by the Federal Deposit Insurance Corporation (FDIC), the Federal Reserve Board, the National Credit Union Association or any other agency. These products involve investment risk, including possible loss of the principal amount invested. Investment return and principal value may fluctuate so that shares, when redeemed, may be worth more or less than their original cost. For fixed annuities, the return of principal and payment of interest are backed solely by GIAC.

Guardian, GIAC, PAS, GIS or any other affiliates do not offer tax advice. Please consult with your tax advisor for your specific situation.