INVESTMENT OPTIONS

CONTRACT SCHEDULE

OWNER: [John Doe]                                                                                     CONTRACT NUMBER:  [??687456]

JOINT OWNER:  [Jane Doe]                                                                           ISSUE DATE:                                [04/15/07]

ANNUITANT:  [John Doe]                                                                                     INCOME DATE:  [04/15/17]

ALLOCATION GUIDELINES:

[1.  Currently, you can select up to [15] of the Investment Options.

2.   Allocations must be made in whole percentages.]

[INVESTMENT OPTION RESTRICTION FOR ALLOCATING CONTRACT VALUE:

[Group A: no more than [0]% of total Contract Value]

[Group B:  no more than [0]% of total Contract Value]

[Combined Group A and Group B:  no more than [0]% of total Contract Value]

[Combined Group A and Group C:  no more than [0]% of total Contract Value]

[Combined Group B and Group C:  no more than [0]% of total Contract Value]

[Group C:  up to [100]% of Contract Value]]

INVESTMENT OPTIONS:

VARIABLE ACCOUNT:                                             [Allianz Life Variable Account B]

Shown below are the Investment Options.

[Group A Investment Options

AZL COLUMBIA TECHNOLOGY

FRANKLIN GLOBAL COMMUNICATIONS SECURITIES

DAVIS VA FINANCIAL PORTFOLIO

PIMCO VIT COMMODITY PORTFOLIO

AZL SCHRODER EMERGING MARKETS EQUITY FUND

AZL VAN KAMPEN GLOBAL REAL ESTATE

AZL DREYFUS PREMIER SMALL CAP VALUE

AZL FRANKLIN SMALL CAP VALUE

AZL SCHRODER INTERNATIONAL SMALL CAP

AZL SMALL CAP STOCK INDEX

AZL OCC OPPORTUNITY

AZL TURNER QUANTITATIVE SMALL CAP GROWTH]

[Group B Investment Options

AZL NEUBERGER BERMAN REGENCY

OPCAP MID CAP

AZL VAN KAMPEN MID CAP GROWTH

AZL AIM INTERNATIONAL EQUITY

AZL OPPENHEIMER INTERNATIONAL GROWTH

AZL NACM INTERNATIONAL FUND

AZL OPPENHEIMER GLOBAL

AZL VAN KAMPEN GLOBAL FRANCHISE

MUTUAL DISCOVERY SECURITIES

TEMPLETON GROWTH SECURITIES

AZL DAVIS NY VENTURE

AZL OCC VALUE

AZL VAN KAMPEN GROWTH AND INCOME

AZL VAN KAMPEN COMSTOCK

MUTUAL SHARES SECURITIES

AZL FIRST TRUST TARGET DOUBLEPLAY

AZL JENNISON 20/20 FOCUS

AZL LEGG MASON VALUE

AZL PIMCO FUNDAMENTAL INDEXPLUS TOTAL RETURN

AZL OPPENHEIMER MAIN STREET

AZL S&P 500 INDEX FUND

AZL TARGETPLUS EQUITY

AZL DREYFUS FOUNDERS EQUITY GROWTH

AZL LEGG MASON GROWTH

AZL LMP LARGE CAP GROWTH

AZL JENNISON GROWTH]

[Group C Investment Options

AZL FUSION GROWTH

AZL FUSION MODERATE

AZL TARGETPLUS GROWTH

AZL TARGETPLUS MODERATE

FRANKLIN TEMPLETON VIP FOUNDING FUNDS

AZL VAN KAMPEN EQUITY AND INCOME

BLACKROCK GLOBAL ALLOCATION VI FUND

AZL FUSION BALANCED

AZL TARGETPLUS BALANCED

FRANKLIN INCOME SECURITIES

PIMCO VIT ALL ASSET PORTFOLIO

PIMCO VIT EMERGING MARKETS BOND PORTFOLIO

PIMCO VIT GLOBAL BOND PORTFOLIO

TEMPLETON GLOBAL INCOME SECURITIES

FRANKLIN HIGH INCOME

PIMCO VIT HIGH YIELD

FRANKLIN ZERO COUPON 2010

PIMCO VIT TOTAL RETURN PORTFOLIO

PIMCO VIT REAL RETURN PORTFOLIO

FRANKLIN U.S.GOVERNMENT

AZL MONEY MARKET]

S40796-01

INVESTMENT OPTIONS CONTRACT SCHEDULE

OWNER: [John Doe]                                                                                     CONTRACT NUMBER:  [??687456]

JOINT OWNER:  [Jane Doe]                                                                           ISSUE DATE:                                [04/15/07]

ANNUITANT:  [John Doe]                                                                                     INCOME DATE:  [04/15/17]

ALLOCATION GUIDELINES:

[1.  Currently, you can select up to [15] of the Investment Options.

2.   Allocations must be made in whole percentages.]

[INVESTMENT OPTION RESTRICTION FOR ALLOCATING CONTRACT VALUE:

[Group A: no more than [0]% of total Contract Value]

[Group B:  no more than [0]% of total Contract Value]

[Combined Group A and Group B:  no more than [0]% of total Contract Value]

[Combined Group B and Group C:  no more than [0]% of total Contract Value]

[Group C:  up to [100]% of Contract Value]]

INVESTMENT OPTIONS:

VARIABLE ACCOUNT:                                             [Allianz Life Variable Account B]

Shown below are the Investment Options.

[Group A Investment Options

AZL COLUMBIA TECHNOLOGY

FRANKLIN GLOBAL COMMUNICATIONS SECURITIES

DAVIS VA FINANCIAL PORTFOLIO

PIMCO VIT COMMODITY PORTFOLIO

AZL SCHRODER EMERGING MARKETS EQUITY FUND

AZL VAN KAMPEN GLOBAL REAL ESTATE

AZL DREYFUS PREMIER SMALL CAP VALUE

AZL FRANKLIN SMALL CAP VALUE

AZL SCHRODER INTERNATIONAL SMALL CAP

AZL SMALL CAP STOCK INDEX

AZL OCC OPPORTUNITY

AZL TURNER QUANTITATIVE SMALL CAP GROWTH]

[Group B Investment Options

AZL NEUBERGER BERMAN REGENCY

OPCAP MID CAP

AZL VAN KAMPEN MID CAP GROWTH

AZL AIM INTERNATIONAL EQUITY

AZL OPPENHEIMER INTERNATIONAL GROWTH

AZL NACM INTERNATIONAL FUND

AZL OPPENHEIMER GLOBAL

AZL VAN KAMPEN GLOBAL FRANCHISE

MUTUAL DISCOVERY SECURITIES

TEMPLETON GROWTH SECURITIES

AZL DAVIS NY VENTURE

AZL OCC VALUE

AZL VAN KAMPEN GROWTH AND INCOME

AZL VAN KAMPEN COMSTOCK

AZL OPPENHEIMER MAIN STREET

AZL S&P 500 INDEX FUND

AZL TARGETPLUS EQUITY

AZL DREYFUS FOUNDERS EQUITY GROWTH

AZL LEGG MASON GROWTH

AZL LMP LARGE CAP GROWTH

AZL JENNISON GROWTH]

S40788-02                                                                                                                                          [Income Pro]

[Group C Investment Options

AZL FUSION GROWTH

AZL FUSION MODERATE

AZL TARGETPLUS GROWTH

AZL TARGETPLUS MODERATE

FRANKLIN TEMPLETON VIP FOUNDING FUNDS

AZL VAN KAMPEN EQUITY AND INCOME

BLACKROCK GLOBAL ALLOCATION VI FUND

AZL FUSION BALANCED

AZL TARGETPLUS BALANCED

FRANKLIN INCOME SECURITIES

PIMCO VIT ALL ASSET PORTFOLIO

PIMCO VIT EMERGING MARKETS BOND PORTFOLIO

PIMCO VIT GLOBAL BOND PORTFOLIO

TEMPLETON GLOBAL INCOME SECURITIES

FRANKLIN HIGH INCOME

PIMCO VIT HIGH YIELD

FRANKLIN ZERO COUPON 2010

PIMCO VIT TOTAL RETURN PORTFOLIO

PIMCO VIT REAL RETURN PORTFOLIO

FRANKLIN U.S.GOVERNMENT

AZL MONEY MARKET]

S40788-02                                                                                                                                          [Income Pro]

INVESTMENT OPTIONS CONTRACT SCHEDULE

OWNER: [John Doe]                                                                                     CONTRACT NUMBER:  [??687456]

JOINT OWNER:  [Jane Doe]                                                                           ISSUE DATE:                                [04/15/07]

ANNUITANT:  [John Doe]                                                                                     INCOME DATE:  [04/15/17]

ALLOCATION GUIDELINES:

[1.  Currently, you can select up to [15] of the Investment Options.

2.  Allocations must be made in whole percentages.]

[INVESTMENT OPTION RESTRICTION FOR ALLOCATING CONTRACT VALUE:

[Group A: no more than [0]% of total Contract Value]

[Group B:  no more than [0]% of total Contract Value]

[Combined Group A and Group B:  no more than [0]% of total Contract Value]

[Combined Group A and Group B and Group X:  no more than [0]% of total Contract Value]

[Combined Group B and Group X:  no more than [0]% of total Contract Value]

[Group X:  no more than [100]% of total Contract Value]

[Group Y:  no less than [100]% of total Contract Value]]

INVESTMENT OPTIONS:

VARIABLE ACCOUNT:                                             [Allianz Life Variable Account B]

Shown below are the Investment Options.

[Group A Investment Options

AZL COLUMBIA TECHNOLOGY

FRANKLIN GLOBAL COMMUNICATIONS SECURITIES

DAVIS VA FINANCIAL PORTFOLIO

PIMCO VIT COMMODITY PORTFOLIO

AZL SCHRODER EMERGING MARKETS EQUITY FUND

AZL VAN KAMPEN GLOBAL REAL ESTATE

AZL DREYFUS PREMIER SMALL CAP VALUE

AZL FRANKLIN SMALL CAP VALUE

AZL SCHRODER INTERNATIONAL SMALL CAP

AZL SMALL CAP STOCK INDEX

AZL OCC OPPORTUNITY

AZL TURNER QUANTITATIVE SMALL CAP GROWTH]

[Group B Investment Options

AZL NEUBERGER BERMAN REGENCY

OPCAP MID CAP

AZL VAN KAMPEN MID CAP GROWTH

AZL AIM INTERNATIONAL EQUITY

AZL OPPENHEIMER INTERNATIONAL GROWTH

AZL NACM INTERNATIONAL FUND

AZL OPPENHEIMER GLOBAL

AZL VAN KAMPEN GLOBAL FRANCHISE

MUTUAL DISCOVERY SECURITIES

TEMPLETON GROWTH SECURITIES

AZL DAVIS NY VENTURE

AZL OCC VALUE

AZL VAN KAMPEN GROWTH AND INCOME

AZL VAN KAMPEN COMSTOCK

MUTUAL SHARES SECURITIES

AZL FIRST TRUST TARGET DOUBLEPLAY

AZL JENNISON 20/20 FOCUS

AZL LEGG MASON VALUE

AZL PIMCO FUNDAMENTAL INDEXPLUS TOTAL RETURN

AZL OPPENHEIMER MAIN STREET

AZL S&P 500 INDEX FUND

AZL TARGETPLUS EQUITY

AZL DREYFUS FOUNDERS EQUITY GROWTH

AZL LEGG MASON GROWTH

AZL LMP LARGE CAP GROWTH

AZL JENNISON GROWTH]

[Group X Investment Options

AZL FUSION GROWTH

AZL FUSION MODERATE

AZL TARGETPLUS GROWTH

AZL TARGETPLUS MODERATE

FRANKLIN TEMPLETON VIP FOUNDING FUNDS

AZL VAN KAMPEN EQUITY AND INCOME

BLACKROCK GLOBAL ALLOCATION VI FUND]

[Group Y Investment Options

AZL FUSION BALANCED

AZL TARGETPLUS BALANCED

FRANKLIN INCOME SECURITIES

PIMCO VIT ALL ASSET PORTFOLIO

PIMCO VIT EMERGING MARKETS BOND PORTFOLIO

PIMCO VIT GLOBAL BOND PORTFOLIO

TEMPLETON GLOBAL INCOME SECURITIES

FRANKLIN HIGH INCOME

PIMCO VIT HIGH YIELD

FRANKLIN ZERO COUPON 2010

PIMCO VIT TOTAL RETURN PORTFOLIO

PIMCO VIT REAL RETURN PORTFOLIO

FRANKLIN U.S.GOVERNMENT

AZL MONEY MARKET]

S40789-02                                                                                                                                          [Invest Pro]

CONTRACT SCHEDULE ADDENDUM

OWNER:                                           [John Doe]                                CONTRACT NUMBER: [??687456]

JOINT OWNER:                                           [Jane Doe]                                RIDER TERMINATION DATE:  [04/15/17]

ANNUITANT:                                           [John Doe]

RIDER CHARGE:  The Rider Charge for the Rider(s) Terminated below is removed from the contract on the Rider Termination Date listed above.

RIDER(S) TERMINATED:

[The applicable rider(s) being removed from the contract will populate this area.]

SERVICE CENTER:                                           [ALLIANZ] SERVICE CENTER

[P.O. Box 561

Minneapolis, MN 55440-0561

800-624-0197]

S40805-DP