GUARANTEED ACCUMULATED VALUES
                              AND SURRENDER VALUES
                           FOR DCA FIXED ALLOCATIONS*

       ------------------------------------
           $10,000 Single Contribution
       ------------------------------------
                   Guaranteed    Guaranteed
         End of   Accumulated    Surrender
          Year       Value         Value
       ------------------------------------
           1      $  8,363.60   $  7,513.60
       ------------------------------------
           2         6,343.47      5,493.47
       ------------------------------------
           3         4,271.53      3,471.53
       ------------------------------------
           4         2,151.92      1,451.92
       ------------------------------------
           5             0.00          0.00
       ------------------------------------

       ------------------------------------

     *Guaranteed Values are based on the guaranteed interest rate
     of 1.5%. These values do not provide for premium tax, if
     any.

     The Guaranteed Values illustrated above assume a single
     $10,000 Purchase Payment allocated to the 60-month DCA Fixed
     Account, where transfers from the DCA Fixed Account occur at
     the beginning of each month and the amount of each transfer
     is determined according to the declining ratio method. Under
     the declining ratio method, the amount of each transfer is
     determined by dividing the current accumulated value by the
     number of years, half-years, quarters or months remaining in
     the DCA period, where transfers from the DCA Fixed Account
     occur on an annual, semi-annual, quarterly or monthly basis,
     respectively.


Form NYNGV 5/03