Jackson(SM) Enhances Fixed Index Annuity Product Menu with Launch of Jackson AscenderPlus Select(SM)

Jackson National Life Insurance Company® (JacksonSM) has launched Jackson AscenderPlus SelectSM, a new fixed index annuity (FIA) that provides advisors with the flexibility to build a customized retirement product that can meet the individual financial needs of their clients. In addition to a guaranteed minimum interest rate and a guaranteed minimum death benefit, Jackson AscenderPlus Select gives investors the opportunity to earn additional interest that is linked to one of two market indexes – the new proprietary benchmark Multi-Strategy Index or the S&P 500® Index – or a combination of both indexes. The Multi-Strategy Index1, which was created by Jackson for its sole use, is now available within four of Jackson’s FIA products. The Index is constructed by applying five pre-determined selection criteria and contains approximately 100 stocks from various asset classes, including large, mid-sized and small companies in both the U.S. and international markets. The underlying stocks are selected and rebalanced every year. Jackson AscenderPlus Select offers 5-, 7-, and 10-year indexed option periods, as well as three index crediting options –annual reset point-to-point, annual reset monthly sum and annual reset with monthly averaging. The launch of Jackson AscenderPlus Select is the latest step in Jackson’s continuing effort to develop a diverse product portfolio that can help advisors enhance the retirement income planning process for the various financial profiles that exist among their client base. Jackson now offers seven FIA products. "Jackson is committed to delivering innovative products and features to market that can help advisors build customized retirement solutions to fit the individual financial needs of their clients,” said Clifford Jack, Jackson executive vice president and chief distribution officer. "Furthermore, our broad selection of fixed index annuity products is supported by dedicated advisor training and certification programs that are implemented by Jackson’s wholesalers. For more than 10 years, Jackson has been an industry leader in providing FIA education to advisors so that they can improve their understanding of FIAs and potentially expand the menu of products they offer to their clients.” In addition to the above benefits, Jackson AscenderPlus Select also gives contract holders the flexibility to move money each year among the Fixed Account and the two Index Accounts, as well as the option of changing their existing index crediting method selection with no limitations or restrictions. "We have continued to focus on developing transparent FIA products that have features and benefits that help advisors create a diversified retirement portfolio for their clients,” said Steve Kluever, senior vice president, product management, Jackson National Life Distributors LLC. "By providing expert wholesaling education and support to advisors, Jackson is doing its part to expand the pool of advisors and clients who might not otherwise consider the potential value of annuities in their retirement planning process.” In the latest rankings from Advantage Group Associates, Inc., Jackson was the top seller of index annuity products in the bank channel and ranked 10th in index annuity sales across all distribution channels during the second quarter of 20072. Advisors who are interested in learning more about Jackson AscenderPlus Select, Jackson’s FIA wholesaling support team or any other of Jackson’s fixed index annuity products should call 800/711-JNLD (5653). 1 Please note the number of stocks, selection criteria and reconstitution date are subject to change without notice 2 Source: Advantage Group Associates, Inc., Advantage Index Product 2nd Quarter 2007 Sales Report About Jackson National Life Insurance Company With nearly $80 billion in assets (GAAP unaudited)(a), Jackson National Life Insurance Company (Jackson) is an industry leader in variable, fixed and fixed index annuities. The company also sells life insurance and institutional products. Jackson markets its products in 49 states and the District of Columbia through independent and regional broker-dealers, financial institutions and independent insurance agents. Jackson’s subsidiary, Jackson National Life Insurance Company of New York®, similarly markets fixed and variable annuity products in the state of New York. Through its affiliates and subsidiaries, Jackson also provides asset management, retail mutual funds and retail brokerage services. For more information, visit www.jnl.com. (a) Jackson had $79.8 billion in total assets (GAAP unaudited) and $72.2 billion in policy liabilities (GAAP unaudited) set aside to pay primarily future policyowner benefits (as of 6/30/07). The Multi-Strategy Index is available in Jackson AscenderPlus Select Individual Modified Single Premium Deferred Fixed Annuity (Contract Form Number: FIA900), Jackson AscenderPlus Individual Single Premium Deferred Fixed Annuity (FIA700), Elite Choice® Individual Single Premium Fixed Annuity (FIA800), and Elite Choice Rewards® Individual Single Premium Fixed Annuity (FIA850), issued by Jackson National Life Insurance Company (Home Office; Lansing, Michigan) and distributed by Jackson National Life Distributors LLC. Not available in all states and state variations apply. These products are fixed index annuities that do not participate in any stock or equity investments. Limitations and restrictions apply, including withdrawal charges and possible recapture charges for Elite Choice Rewards (not applicable in CT and WA). During the withdrawal charge period, the annuity’s cash withdrawal value may less than the principal allocation. For costs and complete details, contact your representative or the Company. Jackson offers a broad range of fixed index annuities with different product features benefits, and charges, including different withdrawal charges and privileges, contract options, Index Participation Rates, Caps and possible recapture charges. Fixed index annuities may not be suitable for everyone. The design of the Jackson AscenderPlus Select, Jackson AscenderPlus, Elite Choice and Elite Choice Rewards contracts emphasize the protection of credited interest rather than the maximization of interest rate crediting. The amount available for a full withdrawal prior to the end of the selected contract term will be equal to the greater of the Index-linked Value as of the last Indexed Option anniversary, plus the Fixed Option Value (Jackson AscenderPlus Select only), adjusted for withdrawals, less withdrawal charges and, for Elite Choice Rewards, possible recapture charges; or the Guaranteed Minimum Value adjusted for withdrawals, less withdrawal charges (Elite Choice and Elite Choice Rewards only). Withdrawal charges are based on years since issue, contract term, state of issue and age at issue as a percentage of the Accumulation Value. Early surrenders may result in loss of principal. Withdrawal charges will be waived after the expiration of the term period selected. Recapture charges (Elite Choice Rewards only) apply in the first 5 contract years to full withdrawals and death benefit claims, except in CT and WA. Because of the 5% extra credit feature in Elite Choice Rewards, interest caps may be lower, withdrawal charges may be higher, and the recapture charge may be longer than products that do not have the extra credit feature. It is possible that upon surrender, your clients will receive less money back than if they would have purchased a similar contract without the extra credit feature. If you cancel the contract within 10 days of receipt (or the period required in your state), Jackson will refund 100% of your premium less any withdrawals. The availability of each term is subject to change. You should give careful consideration to your individual situation, needs and goals before purchasing the annuity. Age and liquidity needs are particularly important when considering term periods of longer duration, which may not be appropriate for everyone. Guarantees are backed by the claims-paying ability of Jackson National Life Insurance Company. Fixed index annuities are long-term, tax-deferred vehicles designed for retirement. Earnings are taxable as ordinary income when distributed and, if withdrawn before age 59½, may be subject to a 10% federal tax penalty. Tax deferral offers no additional value if an annuity is used to fund a qualified plan, such as a 401(k) or IRA, and may not be available if the annuity is owned by a "non-natural person” such as a corporation or certain types of trusts. S&P 500® is a trademark of The McGraw-Hill Companies, Inc. and has been licensed for use by Jackson National Life Insurance Company. The annuity product is not sponsored, endorsed, sold or promoted by Standard & Poor’s, and Standard & Poor’s makes no representation regarding the advisability of purchasing an annuity. For more information regarding the criteria for index additions and removals, please visit www.standardpoors.com. The Index is unmanaged and not available for direct investment, and does not include the reinvestment of dividends. The Multi-Strategy Index was created by and for the sole use of Jackson. The Index is unmanaged and not available for direct investment, and does not include the reinvestment of dividends. Changes to the index will be noted at www.jnl.com. The following cautionary statement is included to make applicable and take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 for any forward-looking statements made by, or on behalf of, the Company. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements which are other than statements of historical facts. However, as with any projection or forecast, forward-looking statements are inherently susceptible to a number of risks and uncertainties and actual results and events could differ materially from those currently being anticipated as reflected in such forward-looking statements. There can be no assurance that management’s expectations, beliefs or projections will result or be achieved or accomplished.