Direct Income® IllustrationSingle Premium Immediate Annuity

Prepared For:

Valued AnnuitantIssue State: GA

Agent/Representative

McNeill, Don

Date Prepared:

06/17/2013

By

Midland National Life Insurance Company, Annuity Division4350 Westown Parkway

West Des Moines, IA 50266www.midlandnational.com

This is an illustration only, not an offer or contract. It is not intended to predict future performance.Benefits are subject to the terms and conditions of the annuity contract.

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Direct Income®

Single Premium Immediate AnnuityNon-Qualified Contract

Annuitant Name: Valued Annuitant Illustration Date: 06/17/2013Annuitant Gender: Male Payment Start Date: 07/17/2013Annuitant Age: 65 Payment Mode: MonthlyState: GA Premium: $100,000.00

Cost Basis: $100,000.00

OPTION PREMIUM PAYMENTSTARTDATE

MODE PAYMENT EXCLUSIONRATIO

1

10-Year PeriodCertain

$100,000.00 07/17/2013 Monthly $917.56 90.8%

Once a Payment Option and/or Mode is selected it cannot be changed. Payment amounts do reflect applicable State Premium Taxes.

This is an illustration only and your application is subject to approval by Midland National Life Insurance Company. Actual rates will bethose in effect on the date the premium is received by the home office. If applicable, locked in rates will apply to transfers received withinthe allotted rate-lock period.1The Exclusion Ratio reflects the percentage of the systematic payment amount that is excluded from taxation.

Proposal Code: 006057

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Direct Income®

Single Premium Immediate AnnuityNon-Qualified Contract

Annuitant Name: Valued Annuitant Illustration Date: 06/17/2013Annuitant Gender: Male Payment Start Date: 07/17/2013Annuitant Age: 65 Payment Mode: MonthlyState: GA Premium: $100,000.00

Cost Basis: $100,000.00

10-YEAR PERIOD CERTAIN ONLY

Monthly Benefit Amount: $917.56Monthly Taxable Amount: $84.23Tax Exclusion Ratio: 90.8%

• Income for a fixed number of years (5-20) withpayments continuing to a named beneficiary shoulddeath occur prior to the end of the period certain

• The period certain payment option cannot be set-up topay out past age 100 for the owner and annuitant

The Direct Income® annuity is issued on form AS075A or appropriate state variation by Midland National Life InsuranceCompany, West Des Moines, Iowa. The Direct Income® and its features may not be available in all states.

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