Lincoln Alliance Program Launches mPower's Online Investment Guidance and Advice Components.

Business Editors

FORT WAYNE, Ind.--(BUSINESS WIRE)--Dec. 20, 2001

Most employee retirement plans focus only on education basics. The Lincoln Alliance Program goes further, making online investment guidance and advice available to plan sponsors via mPower Advisors, L.L.C., a registered investment advisor.

mPower Guidance and mPower Advice, accessed through www.LincolnAlliance.com, give plan sponsors a more thorough way for their employees to understand and optimize the benefits provided in their retirement plan. The modules are fully integrated with the Lincoln Alliance Program's record-keeping and administrative services, providing seamless access to plan features and account information.

Specifically,

-- mPower Guidance provides plan participants with a target asset allocation
based on retirement income needs and time horizon. Participants can also review
investment options, detailed fund profiles and the impact various contribution
rates have on their retirement income projections. This module is provided at
no charge by Lincoln Alliance Program to plan sponsors for their participants.

-- mPower Advice allows plan participants to obtain personalized investment
advice. The advice module is customized to the plan's funds and will specify in
which funds a participant should consider investing and how much should be
invested in each fund. It helps participants create a personalized financial
plan, taking into account existing household post-retirement goals, time
horizon, risk tolerance and personal financial situation. The module is
available for a fee, upon plan sponsor election.

The Lincoln Alliance Program offers choice, diversity, flexibility and performance demonstrated by its ability to support a wide variety of mutual fund families representing a vast array of mutual funds. These mutual funds are offered through Lincoln Financial Advisors, a broker/dealer. Lincoln Alliance Program provides a variety of guaranteed and stable value options, lifestyle asset allocation models and a self-directed brokerage account offered through Wilmington Brokerage Services, a broker/dealer. The program is available to employers offering defined contributions programs, including for-profit, nonprofit and governmental entities.

Founded in 1995, mPower Advisors, L.L.C. (www.mpower.com), a registered investment advisor, was a pioneer in offering objective and affordable online investment advice to defined contribution plan participants and remains a leading provider in this field. mPower's Web site also offers award-winning investment education information to help individual investors learn more about defined contribution plans, including 401(k), 457 and 403(b), and Individual Retirement Accounts (IRAs).

Lincoln Financial Group is the marketing name for Lincoln National Corporation (NYSE:LNC), a family of companies offering a broad range of financial products and services. Information is online at www.LFG.com.