Minnesota Mutual Companies, Inc.
2007 Summary Annual Report to Members

Message from Management

We produced excellent sales and financial results in 2007, underscoring our relevance in the markets we serve and our ability to thrive in a challenging environment. Total sales, capital growth and earnings all exceeded goal. We maintained our highly rated status, capital strength and high asset quality. Demonstrating our ability to provide long-term financial security for our customers, our overall results were favorable on an absolute basis and relative to the life insurance industry and our key competitors.

In 2007:

• Sales of all products exceeded $6 billion, up 19 percent.
• The assets we safeguard and invest for our clients increased nine percent to surpass $30 billion.
• Insurance in force, the protection we provide, reached $635 billion, up 10 percent.
• Reported operating earnings were $ 168 million, up 16 percent, and total equity increased six percent to $2. 9 billion.