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To: Eric Dickson who wrote (1110)4/15/1999 12:15:00 AM
From: puborectalis  Respond to of 4337
 
LPGLY............London Pacific Life & Annuity Company is a wholly-owned subsidiary of
London Pacific Group Limited, which is listed on the London Stock
Exchange and on NASDAQ. Today, the Group has $3.5 billion of assets
under management or administration, managed primarily in the United
States through its life insurance, financial advisory services, development
capital, and fund management businesses.

Headquartered in North Carolina, Raleigh is the home office. The
executive office is located in Sacramento, California's capital. With offices
on the Atlantic and Pacific coasts, which are linked by technology, we
work an eleven-hour day for optimal productivity and convenience for our
clients and agents.

We offer investment-oriented life and annuity products that are income
driven and tax-advantaged. These products work particularly well for long
term investors before and after retirement.

London Pacific has built a solid foundation of financial strength. Carefully
managed premium growth, conservative portfolio management, a parent
with over $3.5 billion under management or administration, and due care
for the long term financial protection of our policyholders have been our
cornerstones. Admitted assets at the end of 1997 were $1.3 billion and
adjusted capital and surplus was $105 million.

Nimble...open-minded...driven to be the best. The management at
London Pacific has been quick to take advantage of innovative technology
to make a difference to our products and service levels. Leading the
industry into faster turn-around time for annuity policies, quicker payment
structures and more convenient client access to funds, London Pacific
takes pride in the advances we have brought to the annuity marketplace.

London Pacific is a no-frills operation that strongly believes keeping
operating costs in line will translate into better returns for policyholders
and shareholders. By avoiding a layered, bureaucratic management style,
we have the ability to make innovative decisions quickly. Our Agent
Loyalty Opportunity Trust(ALOT) is an excellent example.

London Pacific is a phenomenal success story that revolves around
people...our employees, our representatives and our policyholders. The
Company holds sacred the trust that its senior clients have placed in us to
manage their money wisely and to provide security during their retirement
years.