Manager Profile This general information is provided by and used with the permission of this manager. It may not contain information about the Pacific Select Fund portfolios managed by this manager. Pacific Select Fund portfolios are available only through variable products. Capital Guardian Trust Company Part of one of the oldest and largest investment firms in the United States, with roots dating back to 1931 More than $161.9 billion in assets under management as of 12/31/06 Capital Guardian is known for its outstanding global research effort that drives bottom-up investment decisions. A well-established network of more than 135 investment professionals located in 11 research offices worldwide enables the firm to search the globe for good companies. A unique method of portfolio management that combines individual effort and teamwork, coupled with long management tenure, has helped Capital Guardian maintain consistent investment style over the years. At Capital Guardian, experience matters. Capital Guardian uses a unique investment process called the multiple portfolio manager system which blends teamwork and individual effort. Each manager manages a portion of fund assets as if it were the entire portfolio. Research analysts may also manage a portion of the fund's assets, investing in companies in the industries they follow. Portfolio managers and analysts share insights, opinions and outlooks. But in the end, each individual makes his or her own investment decisions based on his or her strongest convictions. Bios Diversified Research Objectives and Investments Long-term growth of capital and income through investment in equity securities of companies located in the U.S., or whose principal markets are in the U.S. Benchmark    S&P 500® Index The S&P 500 Index is an index of the stocks of approximately 500 large-capitalization companies traded in U.S. stock markets. Results include reinvested dividends. Investment Style    Large-cap growth Based on information from Morningstar, Inc., 2008. Equity Objectives and Investments Capital appreciation through investment in equity securities of growth-oriented companies located in the U.S., or whose principal markets are in the U.S.; current income is of secondary importance. Benchmark    Russell 1000 Growth Index The Russell 1000 Growth Index is an index of large companies that have higher price-to-book ratios and forecasted growth values than the Russell 2000 Index. Results include reinvested dividends. Investment Style    Large-cap growth Based on information from Morningstar, Inc., 2008.

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