Liberty Investments

1 Guaranteed Investment PlanLiberty Investments2 Guaranteed Income Annuity(If an income option is selected) Provides a regular income for five years Ceases after five years or death, if earlierThe Guaranteed Investment Plan is the ideal investment if you: are looking for a safe haven in which to invest your money would like to have a guaranteed return after five years have already utilised your interest tax exemption have a high marginal tax rate wish to invest in a low risk investment have an investment time horizon of at least five the Guaranteed Investment Plan worksThe Guaranteed Investment Plan is a lump sum investment that offers a fixed return. There are two Guaranteed Investment Plan options available:1. The Guaranteed Investment Plan is a lump sum investment that guarantees a fixed return over the five-year investment period. The investment is structured through an endowment.

2 This allows for tax efficiency, making the proceeds tax free in the original policyholder s The Guaranteed Investment Plan with Income is a lump sum investment that allows you to determine how you would like to invest your money. A percentage of the investment will be structured through an endowment providing you with a fixed return over the five-year period. The rest of the funds will be invested in a Guaranteed Income Annuity providing you with a regular fixed income over the five-year investment volatile economic times, it is refreshing to know that you can still invest your money with confidence. The Liberty Investments Guaranteed Investment Plan offers you peace of mind by providing a guaranteed fixed interest THE COSTS OF REHABILITATIONS ingle premium Invested directly into the policy, fixing the guarantee rateEndowment portion Guaranteed value is determined by applicable guaranteed rates at the time of the investment Additional single premiums are not allowed A surrender is always available and after the first year there is an option for one advance during the initial five-year investment period, which is not repayable Any withdrawals will reduce the guaranteed returnOptions At the option date, the guaranteed value is switched to a money market portfolio, whereafter you have the option to switch into any available portfolios You have the choice of leaving the money in the policy, which is now considered to be a matured endowment.

3 Or to reinvest it into a Guaranteed Investment Plan for another five-year termUnique features This investment provides guaranteed capital growth as well as an option to select a guaranteed income for five years. The lump sum received at the end of the five-year investment will be paid tax free to the original owner. The taxable amount of the income option will be taxed in accordance with SARS tax practices. At the option date, you may elect to take the lump sum or reinvest it. A surrender is always available and after the first year, there is an option for one advance during the initial five-year investment period, which is not repayable. Estate Planning Benefits: Beneficiaries can be added to a Guaranteed Investment Plan. If the life assured dies, proceeds will be paid directly to the beneficiaries. This avoids the proceeds being tied up until the estate has been settled, although it will still be deemed property in the estate of the deceased life assured and attract estate duty.

4 Death Benefits: Guaranteed Investment Plan: The death benefit payable on the death of the last surviving life assured will be equivalent to the surrender value subject to a guaranteed minimum of the original purchase price. Guaranteed Investment Plan with Income: The death benefit payable on the death of the last surviving life assured will be equal to the surrender value of the Guaranteed Investment Plan, plus the commuted value of any outstanding annuity instalments. This is subject to a guaranteed minimum of the original purchase price of the tax-efficient investmentThe lump sum received at the option date will be tax free in the original policyholder s hands. No tax is payable on any capital portion of income received from the annuity. The tax payable on the remainder of the income received will be deducted by Liberty before the income is paid to considerations The minimum investment amount is R50 000.

5 Quotes are only valid for the specified period in the quotation and subject to change if any details are altered. The income option is only available to natural persons and the policyholder and life assured has to be the same person. The guaranteed benefit is only valid for the specified policyholder type. A trust (including a family trust) can own a Guaranteed Investment Plan, but not the Guaranteed Investment Plan with Income. If there are any changes to legislation, including tax legislation (or the interpretation thereof), Liberty reserves the right to adjust the policy Investments Guaranteed Investment Plan rates are revised frequently. Speak to your Liberty Wealth Adviser today to book your allocation, and invest with confidence the confidence of a guaranteed glad of life because it gives you the chance to love and to work and to play and to look up at the Van Dyke3 Liberty INVESTMENTSL iberty Life Centre1 Ameshoff street BraamfonteinJohannesburg0860 456 information contained in this document does not constitute advice by Liberty .

6 Any legal, technical or product information contained in this document is subject to change from time to time. If there are any discrepancies between this document and the contractual terms or, where applicable, any fund rules, the latter will prevail. Past performances cannot be relied on as an indication of future performance. Investment performance will depend on the growth in the underlying assets, which will be influenced by inflation levels in the economy and prevailing market conditions. Any recommendations made must take into consideration your specific needs and unique Group Ltd is an Authorised Financial Services Provider in terms of the FAIS ACT (no. 2409).The Guaranteed Investment Plan is underwritten by Liberty Active Limited, a wholly owned subsidiary of Liberty Group Ltd. Liberty Group Ltd 2010. All rights Difference 12000 Oct 2010