ACCUMULATION UNIT VALUES

NYLIAC Pinnacle Variable Universal Life & NYLIAC Pinnacle Survivorship Variable Universal Life

This daily-updated chart is your resource for tracking the accumulation unit values of the Investment Divisions of the NYLIAC Pinnacle Variable Universal Life (VUL) and NYLIAC Pinnacle Survivorship Variable Universal Life (SVUL), which are no longer for sale. For more complete Portfolio Performance, including average annual total return, for the current and most recent month-end performance information, please read the performance summary.

Performance reflects the percentage change for the period shown with capital gains and dividends reinvested and the deduction of portfolio investment management and operating expenses. It does not reflect the policy's sales expense charge, state and federal tax changes, monthly contract charge, per $1,000 of face amount charge, mortality and expense risk charge and cost of insurance charges. Had these expenses been deducted, total returns would be significantly lower. Consequently, the returns shown are greater than actual returns that would have been achieved under the policy during the periods shown.

These rates of return are not an estimate or guarantee of future performance. Your policy and the actual investment return of the subaccounts will fluctuate in response to market conditions and the specific Investment Divisions you choose. As a result, your contract when surrendered may be worth more or less than the original cost. The advisors to some of the Investment Divisions have assumed or reduced some of the Investment Division's fees and expenses. Had these expenses not been assumed or reduced, the total returns for these Investment Divisions would have been lower.

New allocations to the Alger Small Cap Growth Investment Divisions will be not accepted from Policyowners who were not invested in the Investment Division as of June 1, 2007.

NYLIAC Pinnacle Variable Universal Life and NYLIAC Pinnacle Survivorship Variable Universal Life are issued by New York Life Insurance and Annuity Corporation (A Delaware Corporation) and distributed by NYLIFE Distributors LLC, member FINRA/SIPC, wholly owned subsidiaries of New York Life Insurance Company, 51 Madison Avenue, New York, New York 10010. For more complete information refer to your NYLIAC Pinnacle Variable Universal Life and Survivorship Variable Universal Life product prospectuses and the individual fund prospectuses. Investors are asked to consider the investment objectives, risks, charges, and expenses of the investment carefully before investing. The prospectuses contain this and other information. Please read them carefully before investing.