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. JPMorgan Asset Management We can offer the breadth and depth of our global research, with more than 250 career analysts throughout the world. JPMorgan Asset Management is one of the world's largest and most comprehensive investment management firms, with offices in 40 cities worldwide and employing more than 12,000 employees. As of December 31, 2007, the firm's entities have approximately $1.2 trillion in total global assets under management†. With more than a century of experience, JPMorgan Asset Management's philosophy is driven by insight plus process to achieve results. † Based on AUM for the Asset & Wealth Management (JPMAM, PCS, PB) division of JPMorgan Chase & Co. as of December 31, 2007. Bios JPMorgan Asset Management Bio Portfolio Manager JPMorgan Asset Management JPMIT Core Bond Objectives and Investments Maximize total return by investing primarily in a diversified portfolio of intermediate and long-term debt securities. Benchmark    Lehman Brothers Aggregate Bond Index/Lipper International U.S. Government Index The Lehman Brothers Aggregate Bond Index is an unmanaged index generally representative of the bond market as a whole. The Lipper Intermediate U.S. Government Index is typically composed of the 30 largest mutual funds within this Lipper category and consists of the equally weighted average monthly returns of these funds. Investment Style     Intermediate and long-term bond Based on information from Morningstar, Inc., 2008. JPMIT U.S. Equity Objectives and Investments Long-term capital growth and growth income through investments in common stocks of companies across different capitalization levels. Benchmark    S&P SuperComposite 1500 Index® The S&P SuperComposite 1500 Index is an unmanaged index consisting of those stocks making up the S&P 500, S&P MidCap 400 and S&P SmallCap 600 Indices representing approximately 87% of the total U.S. equity market capitalization. Investment Style    Large-cap blend Based on information from Morningstar, Inc., 2008. JPMIT Equity Index Objectives and Investments Seeks investment results that correspond to the aggregate price and dividend performance of securities in the S&P 500® through investment in stock index futures and other equity derivatives. Benchmark    S&P SuperComposite 1500 Index® The S&P SuperComposite 1500 Index is an unmanaged index consisting of those stocks making up the S&P 500, S&P MidCap 400 and S&P SmallCap 600 Indices representing approximately 87% of the total U.S. equity market capitalization. Investment Style    Large-cap blend Based on information from Morningstar, Inc., 2008. JPMIT Intrepid Growth Objectives and Investments Seeks to provide long-term capital growth primarily through investments in equity securities of large-and mid-capitalization companies. Benchmark    Russell 1000 Growth Index The Russell 1000 Growth Index is an unmanaged index representing the performance of those Russell 1000 companies with higher price-to-book ratios and higher forecasted growth values. Investment Style    Large-cap growth Based on information from Morningstar, Inc., 2008. JPMIT Diversified Mid Cap Growth Objectives and Investments Capital appreciation with the secondary goal of achieving current income by investing primarily in equity securities that have the potential to produce above-average earnings growth per share over a one-to three-year period. Benchmark    Russell Mid Cap Growth Index The Russell Mid Cap Index is an unmanaged index that measures the performance of the 800 smallest companies in the Russell 1000 Index, whose companies represent approximately 25% of the total market capitalization of the Russell 1000 Index. Investment Style    Mid-cap value Based on information from Morningstar, Inc., 2008. Long/Short Large-Cap The Long/Short Large-Cap is co-managed by JPMorgan and Analytic Investors. Objectives and Investments Seeks above-average total returns through investment in equity securities of large-capitalization companies including both long and short positions. 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 Blend Based on information from Morningstar, Inc., 2008.

JPMorgan Investment Portfolios Long/Short Large-Cap JPMIT Core Bond JPMIT U.S. Equity JPMIT Equity Index JPMIT Intrepid Growth JPMIT Diversified Mid-Cap Growth JPMorgan Asset Management Company Profile Select a Manager AlgerAllianceBernsteinAmerican FundsAnalytic InvestorsBatterymarchBlackRockCapital GuardianClearBridgeColumbia ManagementGoldman SachsFranklin TempletonGE Investments FundsHighlandInvesco AIM AdvisorsJPMorganJanusJennison AssociatesLazardMFSNFJOppenheimerFundsPIMCOPAMPLFAUBSVan KampenVaughan NelsonWestern Asset Mgmt