American General Rate Reduction on AG Select-a-Term® Effective August 12, 2013

American General Life Companies, a longstanding term insurance leader, announces a broad and substantial rate reduction on its flagship term product: AG Select-a-Term, issued by American General Life Insurance Company (AGL) and The United States Life Insurance Company in the City of New York (US Life). We are committed to providing more value to your clients. We decreased semi-annual, quarterly and monthly modal load factors to create a consistent competitive position for annual and non-annual payment modes. The modal load factor and pricing changes dramatically improve our competitive position. This table demonstrates that we are in a market- leading position for 15, 20, 25, 30 year non-tobacco classes. In fact, over 60% of our premium rates are in the top 3 and more than 85% in the top 5 within the industry*.