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. Jennison Associates, LLC Jennison's investment process is based on original bottom-up fundamental research, individual security selection, and implementation by experienced, specialized teams. The result is a successful long-term track record of investment success. Long-term client relationships are a result of Jennison's commitment to providing high-quality investment solutions. Jennison has earned a reputation for excellence by fulfilling client investment needs since 1969. One of the United States' leading asset managers, Jennison manages more than $77 billion (as of 12/31/06) for institutions and private clients through separately managed accounts and commingled vehicles, including mutual funds through subadvisory relationships. Dedication to bottom-up fundamental research; consistent, disciplined investment philosophies and experienced investment professionals form the foundation of Jennison's success. Bios Health Sciences Objectives and Investments Long-term growth of capital through investment in equity securities of companies in the health sciences sector. Such companies include, but are not limited to, those involved with medical equipment or supplies, pharmaceuticals, biotechnology, and health care providers and service companies. Benchmark(s)    S&P SuperComposite 1500 Index and S&P SuperComposite Health Care Index The S&P SuperComposite 1500 Index is an index made up of the S&P 500 Index, the S&P MidCap 400 Index and the S&P SmallCap 600 Index and is the portfolio's primary benchmark index. Results include reinvested dividends. The S&P SuperComposite Health Care Index is an unmanaged capitalization-weighted index that measures the performance of the health care sector of the S&P SuperComposite 1500 Index. Results include reinvested dividends. Investment Style    Sector Based on information from Morningstar, Inc., 2007.

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