Pacific Life Forms Retirement Resource Group.

NEWPORT BEACH, Calif. -- Pacific Life Insurance Company's Annuities & Mutual Funds Division today announced the formation of its Retirement Resource Group(SM) (RRG) which assists financial professionals with advanced financial planning techniques for the estimated 77 million American baby boomers nearing retirement.

Because baby boomers are living longer than any previous generation, RRG consultants discuss the different ways financial professionals can help their clients combat inflation, shrinking pensions and reduced Social Security benefits in the future, by investing in variable annuities and mutual funds.

With an average of 25 years of industry experience, the RRG is composed of seven field-based consultants who travel throughout the United States. These highly skilled consultants include J.D.s, CPAs, Certified Financial Planners([R]) and Certified Retirement Counselors([R])who provide field support to Pacific Life wholesalers and financial professionals registered to sell Pacific Life products.

Working closely with Pacific Life's Advanced Marketing department within the Annuities & Mutual Funds Division, RRG consultants support advanced planning strategies for financial professionals across the country. These consultants have extensive financial planning and product knowledge regarding the use of variable annuities and mutual funds as retirement solutions. They also have years of experience in complex tax, estate, charitable giving, college savings and retirement planning.

The RRG team also coordinates educational seminars for insurance, Certified Financial Planning, Continuing Professional Education and Continuing Legal Education, as well as conducts informational seminars for financial professionals' clients on these topics.

The RRG consultants are: Stephanie J. Curry, CLU([R]), ChFC([R]), CFP([R]), CASL([TM]), CRPC([R]), AIF([R]), CRC([R]); Michelle O'Haren, J.D., LLM, CPA, ChFC([R]), AIF([R]), CRPC([R]), CRC([R]); Paul Samuels, J.D., LLM, CLU([R]), ChFC([R]), CRPS([R]), AIF([R]), CPAA([R]), CRC([R]); James Schomburg, J.D., LLM, CLU([R]), ChFC([R]), CRC([R]), CASL([TM]), CRPC([R]), AIF([R]), CAP([R]), CRPS([R]), CMFC([R]); Skip Sorensen, AIF([R]), CRC([R]); Joseph Souza, CLU([R]), ChFC([R]), AIF([R]), CRPS([R]), CRC([R]); Susan Wood, J.D., CFP([R]), AIF([R]), CRC([R]).

For more information about Pacific Life's Retirement Resource Group's services, please contact Stephanie J. Curry at [phone] x.6926. The Retirement Resource Group can also be reached at [e-mail].

Founded in 1868, Pacific Life provides life insurance products, annuities, and mutual funds, and offers a variety of investment products and services to individuals, businesses, and pension plans1. Pacific Life counts more than half of the 100 largest U.S. companies as clients2 and is a member of the Insurance Marketplace Standards Association (IMSA), whose membership promotes high ethical standards for the sale of individual life insurance and annuities. For additional information about Pacific Life, including its current financial strength ratings from A.M. Best, Fitch Ratings, Standard & Poor's, and Moody's, visit the company Web site at www.PacificLife.com.

1Product features and availability vary by state.

2Data compiled by Pacific Life using the FORTUNE 500 list as of April 2006.