Pacific Asset Management Pacific Asset Management (PAM) is a Delaware limited liability company and third party asset management subsidiary of Pacific Life. PAM manages the Money Market and High Yield Bond Portfolios of Pacific Select Fund. PAM’s portfolio management style is consistent with Pacific Life's long-standing reputation of integrity with a focus on quality. Qualitative analysis helps determine a portfolio's composition, then individual securities are selected. In the process, PAM’s managers conduct independent analysis in addition to tapping traditional sources. Pacific Life Fund Advisors LLC (PLFA), the investment adviser to Pacific Select Fund, also does business under the name Pacific Asset Management. PLFA assumed the role of investment adviser of Pacific Select Fund and the direct management of the Money Market and High Yield Bond portfolios from Pacific Life on May 1, 2007. Bios Brian M. Robertson, CFA Portfolio Manager Brian M. Robertson, CFA, has been portfolio manager with PAM since 2007. He has the responsibility of co-managing the PL Money Market Fund since 2008 and provides research and analysis of investments in the forest product, metals and mining, industrials, and homebuilding sectors. Prior to joining PAM, Mr. Robertson was a former member of Pacific Life’s credit research team and was responsible for fixed-income analysis and leveraged loan credit analysis. Mr. Robertson joined Pacific Life in 2000 and holds a B.A. from the University of Michigan. Brendan L. Collins, CFA Portfolio Manager Mr. Collins has been a portfolio manager with PAM since 2007 and portfolio manager of Pacific Life since 1998. He joined Pacific Life in 1996 and has more than 12 years of investment experience. Mr. Collins is responsible for managing short-term investments, long-term general account assets of Pacific Life, and making structured credit investments. Prior to joining Pacific Life, he spent five years with Pacific Investment Management Company, LLC in its mortgage and operations area. He has a B.A. from California State University, Fullerton. PL Money Market Objectives and Investments Current income consistent with preservation of capital through investment in the highest quality money market instruments believed to have limited credit risk. Benchmark(s)    Merrill Lynch 3-Month U.S. T Bill Index and Lipper Money Market Funds Index The Merrill Lynch 3-Month U.S. T Bill Index is an index of a single Treasury bill purchased at the beginning of the month and held for a full month then sold and rolled into a newly selected issue and is the fund's primary benchmark index. Results include reinvested interest. The Lipper Money Market Funds Index is an equal-dollar-weighted index of the 30 largest mutual funds within the money market fund classification as defined by Lipper. The Index is adjusted for the reinvestment of capital gains and income (or interest). Investment Style    Money Market Based on information from Morningstar, Inc., 2007.

PAM Funds PL Money Market PAM Managers Bios Company Profile Select a Manager AlgerAllianceBernsteinClearBridgeGoldman SachsHighlandJanusLazardLoomis SaylesMFSNeuberger BermanNFJOppenheimerFundsPAMPIMCOVan Kampen Began management effective 5/1/07.