Liberty Life Rate Change

Choice Series Fixed Index Annuities¹

60- day fixed account rate hold available.

Effective Date

Immediate Premium Bonus

Fixed Account Year 1

Fixed Account Years 2-8

AP2P Cap (S&P 500)

1-Year MP2P Cap (S&P 500)

1-Year QP2P Cap (DJIA)

1-Year MAVG Cap (DJIA)

Enhanced Choice 8

2-15-12

2.00%

3.00%

2.00%

5.75%

3.00%

2.75%

5.00%

Choice 10

2-15-12

N/A

3.50%

N/A

5.50%

3.25%

2.75%

5.00%

Enhanced Choice 12

2-15-12

5.00%

2.75%

1.75%

5.25%

2.75%

2.50%

4.50%

Income Riders

Effective
Date

Income
Bonus

Rollup
Percentage

Rollup
Period

Rider
cost

Guaranteed Lifetime Withdrawal Benefit Rider

3-1-12

1.00%

6.00%

10 Yrs

0.60%

Enhanced Guaranteed Lifetime Withdrawal Benefit Rider

3-1-12

1.00%

6.00%

10 Yrs

0.90%

Important Note:
Complete application packages must be received in good order in our service center by the dates below to obtain the current rates. Note: rate applies to the fixed account. Caps are determined when premium is received.

ATHENE Choice Series fixed index annuities: February 15, 2012
ATHENE Guaranteed Lifetime Withdrawal Benefit riders: February 29, 2012

Applications may be submitted by overnight mail to the following address:

Athene Annuity & Life Assurance Company
6425 Powers Ferry Road, Suite 300
Atlanta, GA 30339

With caps and rates that remain among the highest in the industry, the ATHENE Choice Series fixed index annuities combine the security features of a traditional fixed annuity with the upside earnings potential of interest that is based on the performance of an index. Strong rollup rates and Income Bonus make our GLWB and Enhanced GLWB riders an excellent option for clients who wish to take income from their Choice Series annuity while maintaining control over their money. For more information on these products, as well as our market-leading ATHENE 7 MYG annuity, please contact our Sales Desk at 855-4-ATHENE.

* Non-guaranteed new money interest rates, cap rates and spread fees are subject to change at any time, normally monthly. Products/features may not be available in all states. These annuities contain limitations. See annuity contracts for complete details. (1)Choice Series: annual point-to-point (AP2P) cap will never be less than 2%. 1-year monthly point-to-point (MP2P) cap will never be less than 0.5%. 1-year quarterly point-to-point (QP2P) cap will never be less than 1%. 1-year monthly average cap will never be less than 5%. For new issues, a minimum guarantee of 1.00% currently applies to the Fixed Account until the end of the surrender charge period. The contracts' cash surrender value will never be less than 87.5% of the premium payment, less any premium taxes (if applicable) and withdrawals plus interest earned at 1%.
Dow Jones Industrial Average℠ is a service mark of Dow Jones & Company, Inc. Standard & Poor's 500® is a trademark of The McGraw-Hill Companies. Both have been licensed for use for certain purposes by Athene Annuity & Life Assurance Company. Annuities are not sponsored, endorsed, sold or promoted by Dow Jones or Standard & Poor's and Dow Jones and Standard & Poor's make no representation regarding the advisability of purchasing these annuities.

AN0006 (R02-12)