As of December 31, 2004, Guardian and its subsidiaries had
$39. Prior to joining MassMutual, he held various financial
management positions within the life insurance operations of AIG.).

announced holder

Maximum Rollover is an
option that allows DentalGuard members to roll over a portion of their unused
annual maximum into a personal Maximum Rollover Account (MRA).

wellpoint winterthur

Prior to his current post, he was vice
chairman, managing director and head of corporate securities for Babson
Capital .

variable announced

Guardian's in-force revenue also increased by 13 percent, as
compared to the industry, that only grew by one percent. Shaw, Vice President, Group
Products, Guardian. The DentalGuard Basic and Basic Plus
plans were created for those companies that need lower-cost dental coverage,
as an alternative to Guardian's rich DentalGuard plan. He was formerly head of MassMutual's Retirement
Services division. Winter has been head of MassMutual's Individual Insurance Group --
which includes the individual life and annuity businesses, as well as
the company's career agency system -- since 2000.

commissioner insurer

Guardian attributes its results to
its diverse product portfolio and to maintaining one of the industry's most
extensive nationwide dental networks with more than 70,000 provider locations ."
Last year, Guardian announced two new DentalGuard plans and some key
enhancements including a Maximum Rollover feature and a Monthly Switch option
to its Group Dental product portfolio., MassMutual Financial Group
announced today the formation of an Office of the CEO.

The titles and core responsibilities of these executives have not changed
as a result of this appointment.

wpa subsidiary

S.; Babson Capital Management LLC; Baring Asset Management
Limited; Cornerstone Real Estate Advisers LLC; MML Investors Services, Inc.massmutual.

assurance principle

;
The MassMutual Trust Company, FSB; Antares Capital Corporation; MML Bay State
Life Insurance Company, C.

assurity annuity

Group Dental Plans 2004 Annual Sales Survey, jointly
published by LIMRA International and the National Association of Dental Plans,
Guardian's overall 2004 sales grew 14 percent, while reported industry sales
decreased by 13 percent, a 31 percent higher rate of growth than the industry
as a whole. Our
diverse product portfolio, product flexibility, analytical capabilities, and
having one of the largest national PPO networks are the reasons that
planholders and brokers choose us," said Stuart J. Unlike traditional dual choice plans which allow
only annual election changes, Monthly Switch offers flexibility to planholders
to make changes to their accounts each month. Reese, president and CEO of Massachusetts Mutual Life
Insurance Company (MassMutual) .
Murphy has been chair of OppenheimerFunds -- a MassMutual subsidiary --
since 2001 . Prior to his appointment to CEO, Mr.

provident announced

According to the U. More information about Guardian can be obtained
at: http://www. Murphy was president
and chief operating officer of OppenheimerFunds ' retail and retirement
plans business. Winter first joined the company in 1994.

holder subsidiary

In
addition , Guardian sold more voluntary PPO business than all other companies
combined and over two and a half times as much as the next largest writer in
the survey.com.

wpa provident

SPRINGFIELD, Mass.
The MassMutual Financial Group is a marketing name for Massachusetts
Mutual Life Insurance Company and its affiliates , which include:
OppenheimerFunds, Inc.

receivership commissioner

5 billion in assets. With more than 5,000 employees and 2,900 financial
representatives, as well as over 80 agencies nationwide, Guardian and its
subsidiaries protect individuals, businesses and their employees with life,
disability, health and dental insurance products, and offer 401(k), financial
products and trust services. Crandall first joined MassMutual in 1988 and spent much of his
career at Babson Capital Management LLC, a MassMutual investment
management subsidiary.S.

insurer advisers

Reese.
* Howard Gunton, Executive Vice President and Chief Financial Officer. Life Insurance Company, and MassMutual
International, Inc.

advisers principle

Finally,
Guardian 's new Monthly Switch option enables employees to switch between a PPO
and a DHMO plan every month .

assurity variable

com

* John Murphy, Chairman, President and CEO of OppenheimerFunds, Inc.

wholly aegon

About Guardian
Founded in 1860, The Guardian Life Insurance Company of America, New York,
NY (Guardian) is the fourth largest mutual life insurance company in the
United States.
MassMutual is on the Internet at http://www.

aegon receivership

The Office of the CEO, effective immediately, will bring together
executives from around the organization to focus on the strategic direction
and operational aspects of MassMutual's business to enhance the company's
long-term growth. Each member of this office is an
independent thinker with a wealth of talent, knowledge and experience, and I
look forward to working with all of them in the weeks and months ahead. Most
recently, he served as senior vice president and chief financial
officer of the AIG Life Companies (U . He previously
managed MassMutual's disability income and long-term care insurance
businesses. Mr.

wellpoint variable

Mr.
MassMutual Financial Group -- comprised of member companies with more than
$350 billion in assets under management as of is a global,
growth-oriented, diversified financial services organization providing life
insurance, annuities, disability income insurance , long-term care insurance,
retirement planning products, structured settlement annuities, trust services ,
money management, and other financial products and services.

assurity commissioner

"Despite an increasingly competitive market, Guardian has had continued
success because we are consistent in our commitment to our policy holders.
"MassMutual is a highly sophisticated, complex organization operating in
many different markets with more than 11 million policyholders and clients,"
said Mr. "The Office of the CEO will ensure we are operating at
maximum efficiency in each part of the organization, and that we fully
leverage our synergies as one enterprise.

ppos commissioner

Guardian Reports Strong Growth of Dental Sales

"As part of our focus on the overall customer experience,
we will keep developing new products, services and options for our clients to
best meet their changing needs.

MassMutual Creates New Office of the CEO

Reese, the following executives will serve as members
of the Office of the CEO:

* Roger Crandall, Executive Vice President and Chief Investment Officer.
Mr.
Mr.

MEDIA CONTACT:
Jim Lacey
413-744-2365

wellpoint annuity

2004 Annual Results Showcase Company's Gains in Marketshare and Sales

NEW YORK, The Guardian Life Insurance Company of
America (Guardian) today reported strong sales and revenue growth for its
Group Dental insurance products in 2004. The survey also
found that Guardian was number one for voluntary dental sales for the
industry, accounting for 34 percent of the survey's voluntary sales."
In addition to Mr.

announced winterthur

GuardianLife. Gunton has been MassMutual's CFO since he first joined the company
in 1999 . Mr.M.