BANK NAME / DURATION Barclays Citibank DBS Deutsche Bank HSBC Scotia Bank Standard Charted

1 - 2yrs 8.75 8.75 7.50 7.25 8.10 8.25 8.25

2 - 3yrs 9.25 8.75 9.00 7.50 7.50 8.25 8.25

3 - 5yrs 8.80 8.75 9.25 7.75 8.00 8.25 8.25

Indian Banks - Public Sector (rates last updated on 08-Feb-2011) BANK NAME / DURATION Allahabad Bank Andhra Bank Bank of Baroda Bank of India Bank of Maharashtra Canara Bank Central Bank of India Corporation Bank Dena Bank IDBI Bank Indian Bank Indian Overseas Bank Oriental Bank of Commerce Punjab & Sind Bank Punjab National Bank State Bank of Bikaner&Jaipur State Bank of Hyderabad State Bank of India State Bank of Mysore State Bank of Patiala State Bank of Travancore Syndicate Bank UCO Bank Union Bank of India United Bank of India Vijaya Bank 1 - 2yrs 8.00 9.00 8.75 8.75 8.30 8.75 8.25 9.15 8.50 8.75 8.50 8.25 8.50 8.50 8.75 8.50 8.50 7.75 8.75 8.50 8.50 9.00 8.00 8.00 8.25 9.25 2 - 3yrs 8.25 9.25 8.75 8.25 8.30 8.75 8.25 9.25 8.50 9.00 8.50 8.25 8.50 9.00 8.50 9.25 8.75 8.25 8.50 9.00 8.75 9.00 8.25 8.75 8.50 9.25 3 - 5yrs 8.25 8.60 8.50 7.75 8.30 8.50 8.50 9.25 8.25 9.25 8.50 8.75 8.50 9.00 8.50 9.00 8.75 8.25 8.50 8.25 8.75 9.00 8.25 8.75 9.00 8.50

Indian Banks - Private Sector (rates last updated on 08-Feb-2011) BANK NAME / 1 year < 2 years 2 years < 3 years DURATION

3 years < 5 years

Axis Bank City Union Bank Development Credit Bank HDFC Bank ICICI Bank IndusInd Bank ING Vysya Bank Karnataka Bank Kotak Bank Tamilnad Mercantile Bank The Bank of Rajasthan Ltd The Catholic Syrian Bank The Dhanalakshmi Bank The Federal Bank The J & K Bank The Karur Vysya Bank The Lakshmi Vilas Bank The South Indian Bank TNSC Bank Yes Bank

8.75 9.00 7.50 8.00 8.00 9.00 8.50 9.75 8.75 9.25 8.00 8.60 8.60 9.25 8.50 10.00 10.10 9.25 9.00 8.25

8.25 9.00 7.75 8.25 8.25 8.75 8.75 9.50 9.00 9.25 8.25 8.80 8.75 8.75 8.50 9.75 9.00 8.75 8.50 8.50

7.00 9.00 7.75 8.25 8.50 8.75 8.75 9.25 9.00 8.75 8.50 8.80 8.75 8.75 8.50 9.00 7.75 8.75 8.50 8.75

AFGIS ENHANCED GIS 09

Enhanced Group Insurance Scheme - 09

Introduction Requests from the serving members have been received at AFGIS to increase the quantum of life insurance cover and to make PRIC part of the while in service scheme. Taking this into consideration, welfare of the air warriors and their social and financial commitment to the family members even after retirement, a need was felt to provide increased insurance cover for death and disability and a higher survival benefit to the members. To meet this aspiration of the Air Warriors, the Board of Trustees of AFGIS has approved enhancement of insurance cover of Air Warriors while in service and after retirement with effect from 01 Jan 2011. The new scheme has come in to effect from 01 Jan 2011.

Salient Features Enhanced GIS-09 provides a life insurance cover of Rs. 50 Lacs, Rs. 25 Lacs and Rs. 12.5 Lacs to Officers, Airmen and NCs(E) respectively. Disability insurance cover would be half of life cover for 100% disability and reduces proportionately upto 20%. With the increased cover, the amount of monthly contribution has also been increased correspondingly. Thus Officers/Airmen/ NCs(E) pay a basic contribution of Rs. 3250/-, Rs. 1630/- and Rs. 810/- per month respectively, including saving element on which AFGIS is paying 9.5% interest Wef 01 Oct 2008. Additional Contribution will be recovered from aircrew officers as Flying Extra.

Membership
The scheme is compulsory in terms of AFI 16/87 to all personnel who are on the strength of IAF as on 01 Jan 2011 and there after. Only for those who still continue to be members of RGIS 78 Scheme, the new enhanced scheme is optional. They can become member of new enhanced GIS-09 Scheme by paying the arrears of contribution for EGIS-82, GIS-88, GIS-97,GIS-05 and GIS-09 scheme. Airmen Flight Cadets undergoing training will become members of enhanced GIS-09 (Officers) Scheme during training period. Contribution for Airmen Cadets will be same as applicable to the Officers and recovered in airmens IRLA till they are commission as per DACL 25/2000. Flight Cadets drawn from civil life will become members of enhanced GIS09 from the date of commencement of training at the Training Institution.

Flying Extra
For the purpose of working out Flying Extra, Officers of Flying Branch are categorized in two groups. While the first group consists of those who have put in up to 20 years of service, second group consists of those officers who have put in more than 20 years but up to 30 years of service. Flying Extra will be recovered accordingly. Those Flying Branch Officers who have more than 30 years of service are grouped with Ground Duty Officers and no Flying Extra will be recovered. This has been done since the exposure to flying risk decreases with the increasing number of years of service as a result of less flying duties. Ground Duty Officers engaged in Aircrew duties will also pay Flying Extra as applicable to Flying Branch Officers for the period they are engaged on aircrew duties, and drawing flying allowances. No Flying Extra will be recovered from Airmen Aircrew.

Insurance Cover and Monthly Contribution

The revised insurance cover and monthly contribution under enhanced scheme are as follows:-

Category of Members

Death Cover

Risk Flying Saving Element Extra Element (Figure in Rupees) 700 700 700 1440 375 Nil 2550 2550 2550

Total Subs

(a) Flying Branch Officers (i) Service upto 20 years 50 Lacs (ii)Service above 20 years 50 Lacs but upto 30 years (b) Flying branch officers with more than 30 years of service 50 Lacs & Ground duty branch officers (c) Flight Cadet (i) Flying Branch 50 Lacs (ii) Ground Duty Branch 50 Lacs (d) Airmen and AC(U/T)s 25 Lacs (e) NCs(E) 12.5 Lacs

4690 3625 3250

700 700 338 163

1440 Nil Nil Nil

2550 2550 1292 647

4690 3250 1630 810

Recovery of Contribution
Contribution for the first month will be recovered through IRLA from the pay and allowances for the month of Dec 2010. The contribution is recovered each month through the IRLA from the members pay and allowances which is always in advance.

Death Benefit
Death benefit includes the cover assured and accumulated balance of Saving Element of contribution up to the month of death together with interest and bonus as applicable.

Disability Benefit
Member who is invalidated out of Indian Air Force by an Invalidating Medical Board (NOT the Released Medical Board held at the time of retirement/release) on account of a disability, whether attributable to service or not, will be eligible for disability benefit at half the life insurance cover for 100% disability. The disability benefit will be reduced proportionately depending upon the percentage of disability. In case of disability of less than 20%, a member will not be eligible for any disability benefit. Disability benefit is in addition to accumulated balance of Saving element, together with interest and bonus, payable on invalidment from service. Members invalidated out of Indian Air Force due to reasons mentioned below will not be entitled to any disability benefit, irrespective of percentage of their disability:-

o o o o o o

Alcoholism Drug addiction Self inflicted injuries. Disability as a result of attempted suicide. Any disability arising out of intentional acts resulting in criminal conviction. Invalidment within one year of enrolment due to disability, which is not attributable to service.

No disability benefit is admissible, if the individual with disability is retained in service till their completion of term of engagement, dismissal, superannuation, release on own request or is released from service on his refusal to accept a change in Branch/ Trade.

Re-instatement in Service
In the case of an individual reinstated in service in pursuance of a court order, the Survival Benefit received by him at the time of his retirement/ discharge is required to be refunded to the Society in one lumpsum. Arrears of contribution from the month of retirement/discharge/dismissal/removal to the month of reinstatement will be debited by AFCAO in the IRLA simultaneously with the credit of pay and allowances for the said period after confirmation from AFGIS. AFGIS will not pay interest on Survival Benefit for the period from the date of payment till the date of refund.

Nomination
In the event of death of a member, the death benefit will be payable to the beneficiaries nominated by the member for his/ her Provident Fund. In the absence of valid nomination, the beneficiaries would be wife, minor children and major unmarried daughters. 50% of the share will be paid to the wife and the balance will be shared equally between minor children and major unmarried daughters. In the case wife has pre-deceased, the amount will be equally shared by minor children and major unmarried daughters. In case of minor children the amount will be payable to the guardian appointed by the court. In the absence of such family members, the beneficiaries would be father and mother in that order. In all other cases a Succession Certificate from a court of competent jurisdiction would be required to determine the beneficiary.

Nomination by Exception

Members who avail House Building Advance from specified Financial Institutions may execute nomination (AFGIS 225) up to 100% of death/ disability/ survival benefit in favour of the organization advancing the loan. A member can also nominate any person other than beneficiaries nominated in DSOP/AFPP Fund by executing AFGIS 223 up to 100% of death benefits. Prescribed beneficiaries who can be nominated are:-

Male Members Female Members

Wife, Parent(s), children, minor brother(s), Unmarried sister(s), deceased sons widow and children, paternal grand parent (when no parent of member is alive). Husband, Parent(s), children, minor brother(s), Unmarried sister(s), deceased sons widow and children, paternal grand parent (when no parent of member is alive).

All other Rules and Regulations governing GIS-09 scheme as stated in IAP 3601 will apply mutates-mutandis to Enhanced Group Insurance Scheme 2009 also. The scheme is subject to modification/ termination as approved by Board of Trustees of AFGIS which will be binding on all members.

Group Universal Life Insurance

Q. Is additional life insurance available? A. Yes. A regular employee may elect additional life insurance of one to five times your annualized monthly benefit pay at group rates. If you enroll within 31 days of your first day of active employment, you can do so without evidence of insurability. You may choose coverage equal to one, two, three, four or five times your annualized monthly benefit pay, rounded to the next higher $1,000. As an active employee, if you have a pay change your coverage is based on your annualized monthly benefit pay beginning the first full month after the change, rather than effective with the pay change. Certain employees who participate in the Executive Life Insurance/Death Benefit Plan are limited to choosing up to three times their annualized monthly benefit pay. The maximum coverage available is $10,000,000. Example: If your annualized monthly benefit pay is $38,250 and you choose three times coverage, the benefit amount is: $38,250 x 3 = $114,750 rounded to the next higher $1,000 = $115,000

Enrollment and Changes

You may enroll in, change or cancel your Group Universal Life Insurance at any time using EDA. Enrollment forms are also available from Benefits Administration for those individuals who do not have access to EDA. If you:

Enroll within 31 days of your first day of active employment, your coverage is effective as soon as your enrollment is completed on EDA or as soon as your form is received by Benefits Administration. However, payroll deductions may not begin until the first of the month following your EDA election or the receipt of the enrollment form.
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Want to increase your insurance coverage or enroll after 31 days of employment, you must provide evidence of insurability and meet MetLife's underwriting requirements. Your coverage becomes effective when your application is approved by MetLife. However, payroll deductions may not begin until the first of the month following Benefit Administration's receipt of the approval from MetLife. Lower your coverage, the change is effective the first of the month following the date your election form is received by Benefits Administration. Want to cancel your insurance coverage, coverage and payroll deductions will continue through the end of month in which your election form is received by Benefits Administration.

Premium Payments
Your contributions are made through payroll deduction, annuity deduction or direct payment to MetLife. If you choose to suspend payroll or annuity deductions at any time, premiums will be automatically deducted from your cash accumulation fund until it is depleted; thereafter, MetLife will send you a monthly bill for the cost of coverage.

Life Insurance Rates

For employees and for retirees under age 70, the monthly premiums per $1,000 of life insurance are based on age as shown in this chart: Age Under 30 30-34 35-39 40-44 45-49 50-54 55-59 60-64 65-69 70+ Rate $0.02 $0.03 $0.05 $0.06 $0.09 $0.15 $0.38 $0.58 $1.10 $1.78

Retirees age 70 and older and employees who terminate as a regular employee without retiree status are no longer eligible for this coverage under the ExxonMobil Life Insurance Plan, but may continue this coverage directly with MetLife and at rates as determined by MetLife. Examples:

Bob is 43 years old, and his pay is $46,500. He chooses Group Universal Life Insurance of three times normal pay. $46,500 x 3 = $139,500, rounded to $140,000 (140,000 divided by 1,000 = 140) x $0.06 = $8.40 monthly premium
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Maria is 58 years old, and her pay is $62,800. She chooses Group Universal Life Insurance of two times normal pay. $62,800 x 2 = $125,600, rounded to $126,000

(126,000 divided by 1,000 = 126) x $0.38 = $47.88 monthly premium

Benefit Amount and Premium Changes

Your benefit amount automatically changes the first of the month following the effective date of a pay change. When you have a birthday that puts you into a higher age bracket, the premium will increase the first of the month of your birthday. For example, if your birthday is July 23, your premium increases on July 1.

How the Benefit Is Paid

The lump sum benefit is available to your beneficiary upon your death.

Restrictions
Benefits may be limited or denied if death results from a self-inflicted injury occurring within the first two years of enrolling in the Plan or increasing your level of coverage.

Accelerated Benefit Option

The Accelerated Benefits Option (ABO) protects you and your family from financial loss if youre suffering from a terminal illness. Accelerated benefits may be payable if, as a result of an injury or illness, you are diagnosed as terminally ill with no more than six months to live. The benefit amount will generally be 80% of your GUL coverage up to a maximum of $500,000 (subject to a reduction for an outstanding cash accumulation fund loan, an administrative fee and a discount factor). The specific rules regarding your state of residence will be provided in the certificate of coverage issued to you by MetLife. Accelerated Benefits will not be payable if:

You have assigned your GUL insurance death benefit; All or a portion of your death benefit is to be paid to your former spouse as part of a divorce agreement; Your life expectancy is limited and you are expected to die within six months as the result of either attempted suicide or injuring yourself on purpose; Your insurance coverage amount is less than $10,000; or You are required by a government agency to request payment of Accelerated Benefits in order to apply for, obtain or keep a government benefit or entitlement, such as payment for long-term care in a skilled nursing facility.

The ABO is payable only once, and will reduce your GUL insurance coverage by the amount you receive in the payout. When you die, your beneficiary will receive the remaining balance of your GUL insurance benefit.

Cash Accumulation Fund

GUL is a flexible life insurance option that allows you to contribute different levels of premium over time to best meet your insurance and other financial needs. You can choose to pay only the minimum necessary to cover the current cost of insurance, or you can choose to add extra premium to a cash accumulation fund. These additional premiums are subject to certain maximums. However, they permit you to take advantage of the investment benefits of GUL, for example, helping to fund future needs like college education expenses and retirement.
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There are tax advantages associated with making after-tax contributions to the GUL cash accumulation fund:

Contributions to the GUL cash accumulation fund earn a minimum 3% rate of interest that is guaranteed annually by MetLife. Money in the GUL cash accumulation fund earns a competitive rate of interest on a tax-deferred basis. All contributions made to the cash fund (whether cost of insurance amounts or extra dollar amounts) are

included in the GUL certificate's cost basis. If the amount of money withdrawn exceeds the cost basis (the money paid into the GUL certificate), the owner will have a taxable gain. Federal income tax is calculated on the taxable gain amount and a 1099 Form is issued. At the insured's death, money in the cash fund can automatically be added to the life insurance coverage amount, possibly increasing the total benefit to the beneficiary.

Participants have a choice of how to contribute to their GUL cash fund:

Regular contributions through payroll deduction; or Lump sum contributions at any time (minimum of $100) directly to MetLife.

Participants have access to the money in their cash fund - for any reason - through loans and withdrawals. Withdrawals and Loans You may withdraw all or part of the cash in your fund, or you can take a loan on your fund for any reason. Withdrawals and loans are subject to the following:

If you choose to withdraw a portion of your fund, it must be at least $200. The maximum withdrawal is the entire amount of money in the cash fund (less any outstanding loans). Withdrawals are limited to one per month. The minimum loan amount is $200. You may take only one loan per year, and have only one outstanding loan at a time. The interest rate on a loan is based on Moody's Corporate Bond Index, set back two months. The money you borrow continues to earn interest at 2% less than the loan interest charge rate. Loans can only be re-paid directly to MetLife, and not through payroll deductions. There is no time limit on loan repayment. Withdrawals and loans generally will be processed by MetLife within 10 business days. There may be situations where processing takes longer.

Contribution Limits Your contributions to the cash accumulation fund are subject to limits set by the Internal Revenue Code. Exceeding these limits could affect the tax treatment of your contributions. If this happens, MetLife will notify you and suggest alternatives which are completely separate from this Plan and are not sponsored, endorsed or recommended by ExxonMobil. The alternatives separate from this Plan have varying degrees of risk and are governed entirely by agreements between you and MetLife. If you have any questions regarding the cash accumulation fund, withdrawals and loans, or contribution limits, contact MetLife (see Information Sources on page 1).
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Canceling Your Coverage

Employees may cancel their coverage by printing and completing a form found on Employee Direct Access available on the ExxonMobil Me Intranet site or by requesting a form from ExxonMobil Benefits Administration, for those who do not have access to EDA. Any amount remaining in your cash accumulation fund (less any outstanding loans) will be returned to you. At this time, you may be responsible for paying income tax (if any) on the tax-deferred interest portion of your cash accumulation fund. For this reason, you may want to consult with your personal tax advisor first. There are no fees associated with canceling your coverage.

Options When You Retire

In addition to withdrawals and loans, you have these additional options when you retire:

Choose to Continue Your Life Coverage You can continue to be covered under ExxonMobil Group Universal Life Insurance until age 70. If you receive a monthly pension, your premiums are automatically deducted. If you receive no pension payment, you are billed directly by MetLife. You also have the option to have your premiums deducted from your cash accumulation fund until the fund is depleted.

After you reach age 70, you are no longer eligible to participate in the GUL option of the Plan. You may continue your coverage directly with MetLife, with premiums determined by MetLife, and your benefits will be reduced to the lesser of the current amount of the insurance (i.e., multiple of pay) or five times the value of the cash accumulation fund (minimum of $20,000). At age 95, the insurance coverage with MetLife terminates, and you will need to select a distribution option for your cash accumulation fund. MetLife will provide you with these options. Note: There is a nominal administration fee for direct billing by MetLife.

Elect an Annuity You can elect an annuity using all of the money in your cash accumulation fund. The minimum contribution amount is $10,000. A variety of payout options is available, including joint and survivor benefits and a life income option. Life income products provide payments for your life with a guaranteed minimum return of at least what you paid in premium. Note that when you elect an annuity, your Group Universal Life Insurance coverage ends. Paid-up Insurance This is insurance that you may purchase with your cash accumulation fund. It provides a benefit (minimum of $10,000) to your beneficiary when you die. Note that when you elect paid-up insurance, your Group Universal Life Insurance coverage ends. Cancel Your Coverage You may cancel your coverage by completing a form available from Benefits Administration. Retirees who elect to cancel coverage cannot re-enroll.

Options When You Terminate Employment

If you terminate employment as a regular employee, without becoming a retiree, you have all of the options described in the previous section. You will be contacted by MetLife regarding continuation of your coverage as a portable policy. If you choose to continue insurance with MetLife, your premiums are determined and billed by MetLife.
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When Coverage Ends

Unless you have chosen to continue your coverage as described in Options When You Retire (see page 16), your Group Universal Life Insurance through ExxonMobil ends on the earliest of the following dates:

The end of the month in which you terminate your regular employment with the company without being a retiree. The end of the month in which you surrender (cancel) your coverage. The first of the month in which a retiree reaches age 70. When you become a suspended retiree.

You may continue your coverage at rates determined by MetLife on a direct-billed basis when your coverage ends as an ExxonMobil participant.