AUL adds 18 new funds to lineup

AUL adds 18 new funds to lineup

Indianapolis -- January 11, 2005

Continuing its commitment to offer a broad range of fund managers, investing styles and asset classes to meet the diverse needs of retirement plan sponsors and their participants, American United Life Insurance Company® (AUL), a OneAmerica® company, announces the immediate availability of 18 new investment options. These new options were selected using AUL’s comprehensive investment selection and review process and include the addition of new fund companies -- Dreyfus Corporation, Lord Abbett and Thornburg Investment Management, as well as additional new funds from Neuberger Berman.

These new funds are being added to an already extensive AUL portfolio of more than 100 funds. AUL has previously teamed with big names in the industry such as Fidelity Investments and Russell Investment Group to offer options in every major asset class and investment style, including money market, fixed interest, equity, sector, index and lifestyle. The addition of the new fund companies brings AUL’s grand total of fund company choices to 24 and adds more diversity of fund options to the lineup.

“We believe that the addition of these 18 funds reaffirms our commitment to providing our clients with access to best-of-class investment platforms. We are very proud to announce these enhancements to our investment option lineup,” said Denise Reedy, director of investment at AUL Retirement Services. “These exciting new funds can help our clients continue to meet their retirement goals. We feel we have options for every type of investor to have a diverse portfolio, something we encourage at AUL.”

AUL is an experienced provider of retirement products and services to the small and mid-sized employer market. AUL and its predecessor companies have provided financial services for more than 125 years. Retirement products were introduced in 1963 and today include more than 12,000 active retirement plans, nearly half a million participants and more than $7 billion in retirement plan assets. For more information regarding AUL’s new investment options, contact AUL’s Investment Department at 317-285-1122. Visit us on the Web at http://www.eretirement.aul.com/

Note: Registered group variable annuity contracts issued by American United Life Insurance Company® (AUL) are distributed by OneAmerica Securities, Inc., Member NASD, SIPC, a wholly owned subsidiary of AUL. AUL Retirement Services is a division of AUL, which is the founding member of OneAmerica Financial Partners, Inc.

Note: Qualified retirement plans from AUL are funded by an AUL group variable annuity contract. While a participant in an annuity contract may benefit from additional investment and annuity related benefits under the annuity contract, any tax deferral is provided by the plan and not the annuity contract.