Managing change upon change Twenty -six The Hartford Financial Services Group, Inc. Markets can be volatile. The investing environment changes continually.  Yet customers’ secure futures depend on the steady accumulation of wealth. Our products evolve continuously to help customers anticipate and adapt to that changing environment.  Our growing mutual fund family is an example of this evolution.  We continue to add new mutual funds to provide greater choice to our  customers. In 2003, for example, we introduced The Hartford Equity Income Fund in response to the new 15 percent tax rate on stock dividends. The fund comprises only stocks that pay or are expected to pay a dividend.  Our mutual fund strategy has three primary objectives:  The first is to help our customers meet their financial goals. The second  is to leverage our leadership position in the variable annuity market to drive our growth in mutual funds. The third is to give distributors a breadth of  products to complement our annuities and life insurance. This enables them  to build customers’ portfolios without leaving The Hartford’s product family.  The Hartford has also changed to meet the needs of the aging American population. Driven by advances in medicine and our experience in insuring older  people, we’ve reached out to older Americans who need life insurance. By  refining qualifications for preferred rates through increased knowledge of  mortality, we’ve enabled a greater number of older people to buy life insur- ance at rates typically offered only to the healthiest applicants. For example,  we’ve raised weight limits and are accepting higher blood pressure and  cholesterol readings. We also introduced new universal and whole life products in 2003 to enhance our product portfolio. More Americans are now able to protect  and preserve the wealth they have accumulated and to use life insurance for wealth transfer, estate planning and business continuation.  Pursuing the best results is one  thing we don’t want to change. Robyn and Pau l F i na dea l w i t h un- cer t a i n ou t comes every day . Robyn i s d i rec t or o f t he Mrs ., M i ss and Teen I lli no i s and Ind i ana In t erna t i ona l Pagean t s ; Pau l i s a persona l - i n j ury a tt orney . F or t una t e l y ,  t he Oswego , I ll ., coup l e ’ s  f i nanc i a l li ves are a b i t  more cer t a i n . The i r i nves t men t  por tf o li o i nc l udes var i ab l e annu i t i es w i t h The Har tf ord ’ s Pr i nc i pa l F i rs t f ea t ure , wh i ch he l ps pro t ec t t he i r pr i nc i pa l even i f t he s t oc k mar k e t  goes down .