Directed Account Plan

as of 12/30/11

The Stable Value Fund is managed by Invesco and Wellington Management Company. The Fund is designed to provide investors with a return comparable to that of high quality bonds with less volatility. Invesco manages the Interest Income Fund. The Interest Income Fund is composed of 4% cash, 46% short term bonds, 35% intermediate bonds and 15% aggregate bonds. Both intermediate bonds and aggregate bonds are allocated over several fixed-income managers who are monitored by Invesco. Wellington Management Co. invests in the fixed-income securities across multiple sectors of the fixed-income markets. The Wellington Core Bond portfolio and the Invesco Interest Income Fund are wrapped by synthetic investment contracts purchased by Invesco. These contracts provide for book value accounting (cost plus accrued interest) which serves to reduce overall volatility of the fund. The interest rates on these contacts are adjusted quarterly to reflect the performance of the underlying assets. Invesco has oversight over this wrapped portion. The remainder of the fund is cash and equivalents.