5.00%*

Specified Rate
as of 07/01/2010-07/31/2010

* The contract credits interest during the initial term that is related to the performance of the S&P 500®. After the initial term of 6 years the contract credits interest based on an annually declared fixed rate. "Standard & Poor's®", "S&P®", "S&P 500®", and "Standard & Poor's 500TM" are trademarks of Standard & Poor's Financial Services LLC ("Standard & Poor's") and have been licensed for use by American National Insurance Company. The ANICO Equity Index Annuity is not sponsored, endorsed, sold or promoted by Standard & Poor's and Standard & Poor's makes no representation regarding the advisability of purchasing the ANICO Equity Index Annuity. Neither American National nor its representatives give tax advice. If such advice is needed, you should consult a tax advisor or attorney, who can provide qualified advice in your area. When a person buys this annuity, the person is not buying an ownership interest in any stock or index. Interest earnings are paid at a rate that is related to the performance of the S&P 500® Index. The S&P 500® Index does not reflect dividends paid on the stocks underlying the index. Past performance of the index is no guarantee of future results.