Annual and Semi Annual Reports

Annual & Semi-Annual Reports

The reports listed below contain detailed financial information to help you better understand your variable annuity investment options. The performance shown in the financial reports does not reflect separate account charges under your contract, such as the mortality and expense risk fees. These charges would otherwise lower the performance information shown.

VALIC Company I

05/31/2007 Annual Report

11/30/2007 Semi-Annual Report

VALIC Company II

08/31/2007 Annual Report

02/29/2008 Semi-Annual Report

Ariel Capital Management, Inc.

09/30/2007 Annual Report

03/31/2007 Semi-Annual Report

Holland Capital Management, LP

12/31/2007 Annual Report

06/30/2007 Semi-Annual Report

SunAmerica

10/31/2007 Annual Report

04/30/2007 Semi-Annual Report

The Vanguard Group

Vanguard Long-Term Investment-Grade Fund

01/31/2008 Annual Report

07/31/2007 Semi-Annual Report

Vanguard Long-Term Treasury Fund

01/31/2008 Annual Report

07/31/2007 Semi-Annual Report

Vanguard LifeStrategy Funds

10/31/2007 Annual Report

04/30/2007 Semi-Annual Report

Vanguard Wellington Fund

11/30/2007 Annual Report

05/31/2007 Semi-Annual Report

Vanguard Windsor II Fund

10/31/2007 Annual Report

04/30/2007 Semi-Annual Report

Important Notice about Purchasing a VALIC Annuity From Us

To help the government fight the funding of terrorism and money-laundering activities, federal law requires all financial institutions to obtain, verify, and record information that identifies each person who purchases certain annuity products. What this means for you: When you purchase certain annuity products from us, we will ask for your name, address, date of birth and other information that will allow us to identify you. We may ask to see your driver's license or other identifying documents.

Annuities and insurance products are offered by The Variable Annuity Life Insurance Company (VALIC), AIG Annuity Insurance Company, AIG-affiliated insurance companies or other approved companies. Each underwriting company is financially responsible for its own insurance products.

Securities and investment advisory services are offered by AIG Retirement Advisors, Inc., member FINRA, SIPC and an SEC-registered investment advisor.

AIG Retirement is the marketing name for the group of companies comprising AIG Retirement Advisors, Inc.; AIG Retirement Services Company; and The Variable Annuity Life Insurance Company (VALIC); each of which is a subsidiary of American International Group, Inc.

This information is general in nature and may be subject to change. Neither VALIC nor its financial advisors or other representatives give legal or tax advice. Applicable laws and regulations are complex and subject to change. For legal or tax advice concerning your situation, consult your attorney or professional tax advisor.