as of 9/30/08

This material gives performance numbers for the WRL Freedom Premier® III Variable Annuity. Variable annuities
are long-term, tax deferred vehicles that offer investment options through subaccounts and insurance features
such as annuitization and death benefit options. Investors should consider the investment objectives, risks,
charges and expenses of each investment company carefully before investing. Both the contract prospectus and
underlying fund prospectus contain this and other information about the variable annuities. The contract
prospectus and underlying fund prospectus should be read carefully before investing. Please contact WRL at 1-
800-851-9777 for a prospectus. To obtain performance data current to the most recent month-end go to
www.westernreserve.com.
The value of the WRL Freedom Premier® III Variable Annuity will fluctuate so that when surrendered, it may be
worth more or less than the total of premium payments. Taxes are due upon distribution of earnings. Distribution
of earnings made prior to age 59 1/2 may be subject to a 10% federal tax penalty. Surrender charges may also
apply according to the terms of the variable annuity contract. Benefits may change if the age or sex of the
annuitant has been misstated.
The performance figures shown reflect the fees and charges of the current version of this product. Depending on
the version of your contract, the performance figures shown in this report may not necessarily reflect the returns
earned. The following are some of the risks that may be associated with the WRL Freedom Premier® III Variable
Annuity subaccounts. Please see the contract prospectus and underlying fund prospectus for the specific risks
associated with each subaccount.
Risks of a portfolio may be greater due to the smaller size of the companies in which it invests. The small company stocks
tend to be more volatile and less liquid than general equity markets.
A portfolio that concentrates all or a large portion of its assets in a single economic sector, geographic region or that
lacks diversity, is inherently subject to greater volatility.
Please keep in mind that a US Backed Government Fund guarantee applies only to the timely payment of principal and
interest, and does not remove market risks when shares are redeemed.
Investments in lower-rated-debt securities present a greater risk to principal and income than investments in higher
quality securities.
Investing internationally, global, or emerging markets exposes investors to additional risks and expenses such as
changes in currency rates, foreign taxation, differences in auditing and other financial standards not associated with
investing domestically.
Portfolios that seek aggressive growth or that buy stock in companies which the Portfolio manager believes are
undervalued entail more volatility and risk than other investments.
The S&P 500® is an unmanaged but commonly used measure of the performance of common stock. It is used here for
comparative purposes only. It is not possible to invest in an index. “S&P” and “S&P 500” are trademarks of the
McGraw Hill Companies, Inc. A Portfolio is not sponsored, endorsed, sold or promoted by S&P or McGraw Hill
Companies, Inc.
Investing in real estate companies entails the risks of the real estate business generally, including sensitivity to economic
and business cycles, changing demographic patterns, and government actions.
Convertible securities go up and down in price as the common stock does, adding to their market risk.
An investment in the money market subaccount is not insured or guaranteed by the Federal Deposit
Insurance Corporation or any other government agency. Although it seeks to preserve the value of
your investment at $1 per share, it is possible to lose money by investing in the subaccount.

Variable Annuities offered by:

Western Reserve Life Assurance Co. of Ohio
Home Office: Columbus, Ohio
Administrative Office Address: P.O. Box 5068
Clearwater, Florida 33758-5068
Distributed and underwritten by: Transamerica Capital, Inc., Member FINRA.
Policy Form No. AV992 101 177 703 (May vary by state). OR Policy Form No. AV1010 101 177 703. FL Policy
Form No. AV998 101 177 703. Available only in states where approved.
www.westernreserve.com
Customer Service: 1-800-851-9777

Not Insured by FDIC or Any Federal Government Agency. May Lose Value. Not a Deposit of or Guarantee by Any Bank.
AG01119 - 0708
 2 of 7
Adjusted Historical Average Annual Returns
WRL Freedom Premier® III The performance quoted represents past
10 Years performance and does not guarantee future
Portfolio returns without surrender charges One Year To One Three Five or Since results; and current performance may be lower
Month Date Year Year Year
and service charge deducted Incept. or higher than the performance quoted. The
Asset Allocation annuity value will fluctuate with market
-7.47% -12.97% -13.17% -0.04% 3.50% 2.83% conditions so that when surrendered, it may be
Transamerica Asset Allocation - Conservative VP - SC (05/01/02) 6,8
worth more or less than the total of premium
Transamerica Asset Allocation - Growth VP - SC (05/01/02) 6,8 -11.04% -23.20% -25.67% -1.37% 5.30% 2.89% payments.
Transamerica Asset Allocation - Moderate Growth VP-SC (05/01/02) 6,8 -9.52% -19.58% -21.08% -0.47% 5.05% 3.16%
Returns reflect performance of the portfolio
Transamerica Asset Allocation - Moderate VP - SC (05/01/02) 6,8 -8.29% -15.78% -16.38% 0.17% 4.48% 3.15% assuming a single premium payment at portfolio
Transamerica Index 50 VP SC (05/01/08) 6,11 -5.58% N/A N/A N/A N/A -10.66% inception (date next to portfolio name), with the
Transamerica Index 75 VP SC (05/01/08) 6,11 -7.98% N/A N/A N/A N/A -15.14% Policy Value death benefit and are net of all asset-
Transamerica International Moderate Growth VP - SC (05/01/06) 6,9 -12.06% -24.25% -25.50% N/A N/A -7.05% based fees, including the daily mortality and expense
Foreign Stock risk fee and administrative charge equal to 1.25%
Transamerica Clarion Global Real Estate Sec VP - SC (05/01/98) 6,7 -6.61% -19.68% -28.18% 2.49% 10.68% 10.37% annually and all other actual portfolio expenses.
-10.57% -23.42% -24.78% 1.67% 7.40% 0.78% They do not include the maximum surrender charge
Transamerica MFS International Equity VP - SC (01/02/97) 6,7
(8.50%), annual service charge, other optional riders,
Transamerica Templeton Global VP - Service Class (12/03/92) 6,10 -13.34% -28.90% -28.06% -0.88% 3.97% 1.78%
or any taxes that may apply at distribution. IF THEY
Small Cap Growth HAD, PERFORMANCE WOULD BE LOWER.
Transamerica T.Rowe Price Small Cap VP - Service Class (05/03/99) 6,7 -12.05% -15.02% -18.35% -1.13% 4.33% 2.03% Returns prior to the subaccount inception date reflect
Small Cap Value the charges as if the annuity was available.
Transamerica Third Avenue Value VP - Service Class (01/02/98) 6,7 -10.34% -19.93% -25.38% -2.64% 8.19% 11.16% 1 The seven-day yield refers to the annualized income

Mid Cap Growth generated by an investment in the subaccount over

Transamerica Growth Opportunities VP - SC (05/01/01) 6,7 -9.46% -23.04% -23.03% 1.49% 7.06% 5.96% a specified seven-day period. For the effective yield,
Transamerica Van Kampen Mid-Cap Growth VP - SC (03/01/93) 6,7 -14.32% -28.34% -29.18% -1.68% 2.78% 2.53% the income earned by an investment in the
Mid Cap Blend subaccount is assumed to be reinvested. See the
Transamerica Legg Mason Partners All Cap VP-SC (05/03/99) 6,7 -7.71% -18.63% -22.00% -1.62% 3.34% 3.48% Prospectus and Statement of Additional Information
Mid Cap Value for further details regarding calculations of yields.
2 Guaranteed Fixed Accounts are not available in all
Transamerica Federated Market Opportunity VP - SC (03/01/94) 6,7 0.22% 1.80% 3.24% 0.40% 4.29% 7.08%
-14.91% -20.20% -20.89% 4.10% 12.47% 13.98% states. They are updated on a periodic basis and
Transamerica Small/Mid Cap Value VP -Service Class (05/04/93) 6,7
are backed by the Insurance Company’s claims-
Large Cap Growth paying ability. Contact your registered
Transamerica Balanced VP - Service Class (05/01/02) 6,7 -9.79% -19.33% -18.14% -0.30% 3.79% 2.78%
representative for current rates.
Transamerica Equity VP - Service Class (12/31/80) 6,7 -15.40% -29.60% -28.60% -3.21% 4.83% 3.19% 3 It is the general policy of ProFunds to permit frequent

Transamerica Marsico Growth VP - Service Class (05/03/99) 6,7 -11.14% -25.40% -24.04% -1.54% 3.20% -1.35% purchases and redemptions of ProFund VP and
Transamerica Munder Net50 VP - Service Class (05/03/99) 6,7 -14.00% -26.74% -26.98% -3.70% 1.97% -1.82% Access VP High Yield Fund shares. Active trading in
Transamerica Science & Technology VP - Service Class (05/01/00) 6,7 -15.25% -31.61% -27.88% -2.36% 1.08% -11.49% these shares could increase portfolio turnover. In
Large Cap Blend addition, large movements of assets into and out of
-9.03% -20.23% -23.20% -1.33% 3.49% 1.39% the portfolios may negatively impact each portfolio's
Fidelity - VIP Index 500 Portfolio - Service Class 2 (08/27/92) 6
ability to achieve its investment objective or maintain
Transamerica JPMorgan Enhanced Index VP - SC (05/01/97) 6,7 -8.75% -20.75% -24.45% -2.10% 3.10% 0.51%
a consistent level of operating expenses. In certain
Large Cap Value circumstances, a ProFund VP or the Access VP High
Transamerica BlackRock Large Cap Value VP - SC (05/01/96) 6,7 -8.12% -19.83% -22.43% -1.46% 7.42% 5.70%
Yield Fund's expense ratio may vary from current
Transamerica Capital Guardian Value VP - Service Class (05/27/93) 6,7 -7.90% -24.30% -33.21% -6.18% 2.24% 1.93% estimates or the historical ratio disclosed. For
Transamerica T.Rowe Price Equity Income VP - SC (01/03/95) 6,7 -7.09% -18.61% -21.49% -0.62% 4.86% 4.16% information regarding the principal risks for each
Transamerica Value Balanced VP - Service Class (01/03/95) 6,7 -9.32% -18.69% -19.50% -0.10% 3.61% 2.57% ProFund VP and the Access VP High Yield fund
Fixed Income please refer to the prospectus.
4 As of December 28, 2007, formerly known as
Transamerica Convertible Securities VP - Service Class (05/01/02) 6,7 -13.56% -22.13% -20.85% 0.24% 3.79% 3.86%
-1.66% -0.20% 2.19% 2.52% 2.19% 3.22% ProFund VP OTC.
Transamerica JPMorgan Core Bond VP - Service Class (10/02/86) 6,7 5 As of December 28, 2007, formerly known as
Transamerica MFS High Yield VP - Service Class (06/01/98) 6,7 -7.11% -10.86% -12.05% -0.66% 2.21% 2.47%
ProFund VP Short OTC.
Transamerica PIMCO Total Return VP - Service Class (05/01/02) 6,7 -5.29% -6.23% -2.95% 1.11% 1.48% 2.42% 6 Returns for period prior to the inception of this class

Transamerica U.S. Government Securities VP - SC (05/13/94) 6,7 -0.35% 1.37% 3.41% 2.63% 1.94% 2.47% of share with 12b-1 fee are based on historical
Speciality returns for a class of shares without a 12b-1 fee,
Access VP High Yield Fund SM (05/02/05) 3 -1.79% -3.66% -2.93% 3.55% N/A 4.11% adjusted as if the 12b-1 fee had been in effect since
ProFund VP Asia 30 (05/01/02) 3 -18.68% -37.24% -36.30% 7.70% 11.62% 10.07% the inception date.
7 As of May 1, 2008, unless previously part of the
ProFund VP Basic Materials (05/01/02) 3 -22.75% -26.00% -23.32% 5.20% 7.91% 4.46%
-8.73% -20.47% -23.69% -2.60% 2.06% -2.55% name, Transamerica was added to the beginning of
ProFund VP Bull (05/01/01) 3
the fund name; and VP was added to the end of the
ProFund VP Consumer Services (05/01/02) 3 -8.62% -15.67% -22.84% -4.97% -1.60% -4.00%
fund name.
ProFund VP Emerging Markets (08/31/07) 3 -14.94% -31.99% -30.04% N/A N/A -19.26% 8 As of May 1, 2008, Transamerica was added to the

ProFund VP Europe 30 (10/18/99) 3 -14.88% -28.48% -29.68% -1.91% 6.33% -1.19% beginning of the fund name; and Portfolio was
ProFund VP Falling U.S. Dollar (08/31/07) 3 -2.71% -3.72% -1.99% N/A N/A 1.66% replaced with VP at the end of the fund name.
9 As of May 1, 2008, Transamerica was added to the
ProFund VP Financials (01/22/01) 3 -4.68% -26.78% -37.36% -10.23% -3.34% -3.67%
-11.98% -29.92% -31.90% N/A N/A -26.72% beginning of the fund name; and Fund was replaced
ProFund VP International (08/31/07) 3
with VP at the end of the fund name.
ProFund VP Japan (05/01/02) 3 -9.89% -24.34% -31.53% -4.52% 2.89% -0.07% 10 As of May 1, 2008 formerly known as Templeton
ProFund VP Mid-Cap (08/31/07) 3 -10.95% -17.06% -20.02% N/A N/A -16.90% Transamerica Global.
ProFund VP NASDAQ-100 (01/22/01) 3,4 -15.12% -24.77% -25.33% -2.42% 1.54% -8.87% 11 Available on or about May 1, 2008.

ProFund VP Oil & Gas (01/22/01) 3 -12.69% -19.18% -16.37% 5.28% 18.96% 8.71%
ProFund VP Pharmaceuticals (05/01/02) 3 -4.96% -14.88% -15.81% -1.95% -2.80% -4.86%
ProFund VP Precious Metals (05/01/02) 3 -11.85% -25.33% -25.02% 2.26% 4.70% 5.64%
ProFund VP Short Emerging Markets (08/31/07) 3 11.41% 27.64% 17.92% N/A N/A 3.27%
ProFund VP Short International (08/31/07) 3 9.31% 31.25% 34.54% N/A N/A 25.59%
ProFund VP Short NASDAQ-100 (05/01/02) 3,5 15.23% 24.28% 24.76% 1.22% -4.18% -6.93%
ProFund VP Short Small-Cap (09/03/02) 3 6.05% 4.82% 9.27% -2.06% -6.89% -10.76%
ProFund VP Small-Cap (05/01/01) 3 -8.31% -11.64% -15.71% -1.07% 5.19% 1.95%
ProFund VP Small-Cap Value (05/01/02) 3 -5.57% -8.66% -15.68% -1.16% 6.49% 1.77%
ProFund VP Telecommunications (01/22/01) 3 -13.44% -31.67% -36.58% -1.26% 2.76% -9.85%
ProFund VP U.S. Government Plus (05/01/02) 3 1.97% 4.23% 12.60% 2.63% 3.47% 5.04%
 3 of 7
Adjusted Historical Average Annual Returns
WRL Freedom Premier® III
10 Years
Portfolio returns without surrender charges One Year To One Three Five or Since
Month Date Year Year Year
and service charge deducted Incept.
Speciality
ProFund VP UltraSmall-Cap (10/18/99) 3 -17.51% -27.91% -36.29% -8.64% 4.78% -0.93%
ProFund VP Utilities (01/22/01) 3 -12.56% -22.58% -17.94% -0.94% 8.39% 0.25%
Cash
1,6,7 7-Day Current Yield: 0.55% 7-Day Effective Yield: 0.55%
Transamerica Money Market VP-Service Class
ProFund VP Money Market 1,3 7-Day Current Yield: -1.24% 7-Day Effective Yield: -1.23%
Guaranteed Fixed Accounts 2
 4 of 7
WRL Freedom Premier® III Adjusted Historical Average Annual Returns The performance quoted represents past
10 Years performance and does not guarantee future
Portfolio returns with surrender charges One Year To One Three Five
or Since results; and current performance may be lower
and service charge deducted Month Date Year Year Year or higher than the performance quoted. The
Incept.
annuity value will fluctuate with market
Asset Allocation conditions so that when surrendered, it may be
Transamerica Asset Allocation - Conservative VP - SC (05/01/02) 6,8 -15.12% -20.62% -20.41% -1.92% 2.75% 2.38% worth more or less than the total of premium
Transamerica Asset Allocation - Growth VP - SC (05/01/02) 6,8 -18.69% -30.85% -32.92% -3.30% 4.60% 2.44% payments.
Transamerica Asset Allocation - Moderate Growth VP-SC (05/01/02) 6,8 -17.17% -27.23% -28.33% -2.37% 4.34% 2.72% Returns reflect performance of the portfolio
Transamerica Asset Allocation - Moderate VP - SC (05/01/02) 6,8 -15.94% -23.43% -23.62% -1.71% 3.76% 2.70% assuming a single premium payment at portfolio
Transamerica Index 50 VP SC (05/01/08) 6,11 -13.23% N/A N/A N/A N/A -18.31% inception (date next to portfolio name), with the
-15.63% N/A N/A N/A N/A -22.79% Policy Value death benefit and are net of all asset-
Transamerica Index 75 VP SC (05/01/08) 6,11
based fees, including the daily mortality and expense
Transamerica International Moderate Growth VP - SC (05/01/06) 6,9 -19.71% -31.90% -32.75% N/A N/A -10.05%
risk fee and administrative charge equal to 1.25%
Foreign Stock annually, annual service charge, maximum
Transamerica Clarion Global Real Estate Sec VP - SC (05/01/98) 6,7 -14.26% -27.33% -35.43% 0.56% 10.10% 10.34% surrender charge (8.50%) and all other actual
Transamerica MFS International Equity VP - SC (01/02/97) 6,7 -18.22% -31.07% -32.02% -0.24% 6.76% 0.73% portfolio expenses. They do not include charges for
Transamerica Templeton Global VP - Service Class (12/03/92) 6,10 -20.99% -36.55% -35.30% -2.79% 3.23% 1.74% other optional riders, or any taxes that may apply at
Small Cap Growth distribution. IF THEY HAD, PERFORMANCE
Transamerica T.Rowe Price Small Cap VP - Service Class (05/03/99) 6,7 -19.70% -22.67% -25.60% -3.05% 3.60% 1.99% WOULD BE LOWER. Returns prior to the
Small Cap Value subaccount inception date reflect the charges as if
-17.99% -27.58% -32.62% -4.62% 7.56% 11.13% the annuity was available.
Transamerica Third Avenue Value VP - Service Class (01/02/98) 6,7 1 The seven-day yield refers to the annualized income
Mid Cap Growth
generated by an investment in the subaccount over
Transamerica Growth Opportunities VP - SC (05/01/01) 6,7 -17.11% -30.69% -30.28% -0.43% 6.40% 5.74%
a specified seven-day period. For the effective yield,
Transamerica Van Kampen Mid-Cap Growth VP - SC (03/01/93) 6,7 -21.97% -35.99% -36.42% -3.63% 2.01% 2.49% the income earned by an investment in the
Mid Cap Blend subaccount is assumed to be reinvested. See the
Transamerica Legg Mason Partners All Cap VP-SC (05/03/99) 6,7 -15.36% -26.28% -29.24% -3.56% 2.59% 3.45% Prospectus and Statement of Additional Information
Mid Cap Value for further details regarding calculations of yields.
-7.44% -6.00% -4.26% -1.49% 3.56% 7.05% 2 Guaranteed Fixed Accounts are not available in all
Transamerica Federated Market Opportunity VP - SC (03/01/94) 6,7
Transamerica Small/Mid Cap Value VP -Service Class (05/04/93) 6,7 -22.56% -27.85% -28.13% 2.17% 11.93% 13.96% states. They are updated on a periodic basis and
Large Cap Growth are backed by the Insurance Company’s claims-
Transamerica Balanced VP - Service Class (05/01/02) 6,7 -17.44% -26.98% -25.39% -2.19% 3.05% 2.33% paying ability. Contact your registered
representative for current rates.
Transamerica Equity VP - Service Class (12/31/80) 6,7 -23.05% -37.25% -35.84% -5.21% 4.11% 3.15% 3 It is the general policy of ProFunds to permit frequent
Transamerica Marsico Growth VP - Service Class (05/03/99) 6,7 -18.79% -33.05% -31.29% -3.48% 2.44% -1.39% purchases and redemptions of ProFund VP and
Transamerica Munder Net50 VP - Service Class (05/03/99) 6,7 -21.65% -34.39% -34.22% -5.73% 1.18% -1.87% Access VP High Yield Fund shares. Active trading in
Transamerica Science & Technology VP - Service Class (05/01/00) 6,7 -22.90% -39.26% -35.13% -4.34% 0.29% -11.57% these shares could increase portfolio turnover. In
Large Cap Blend addition, large movements of assets into and out of
Fidelity - VIP Index 500 Portfolio - Service Class 2 (08/27/92) 6 -16.68% -27.88% -30.45% -3.26% 2.74% 1.35% the portfolios may negatively impact each portfolio's
-16.40% -28.40% -31.69% -4.06% 2.33% 0.47% ability to achieve its investment objective or maintain
Transamerica JPMorgan Enhanced Index VP - SC (05/01/97) 6,7
a consistent level of operating expenses. In certain
Large Cap Value
-15.77% -27.48% -29.67% -3.40% 6.77% 5.67% circumstances, a ProFund VP or the Access VP High
Transamerica BlackRock Large Cap Value VP - SC (05/01/96) 6,7 Yield Fund's expense ratio may vary from current
Transamerica Capital Guardian Value VP - Service Class (05/27/93) 6,7 -15.55% -31.95% -40.46% -8.32% 1.45% 1.89% estimates or the historical ratio disclosed. For
Transamerica T.Rowe Price Equity Income VP - SC (01/03/95) 6,7 -14.74% -26.26% -28.74% -2.53% 4.15% 4.13% information regarding the principal risks for each
Transamerica Value Balanced VP - Service Class (01/03/95) 6,7 -16.97% -26.34% -26.75% -1.99% 2.86% 2.52% ProFund VP and the Access VP High Yield fund
Fixed Income please refer to the prospectus.
4 As of December 28, 2007, formerly known as
Transamerica Convertible Securities VP - Service Class (05/01/02) 6,7 -21.21% -29.78% -28.10% -1.64% 3.05% 3.44%
-9.31% -7.85% -5.22% 0.58% 1.40% 3.18% ProFund VP OTC.
Transamerica JPMorgan Core Bond VP - Service Class (10/02/86) 6,7 5 As of December 28, 2007, formerly known as
Transamerica MFS High Yield VP - Service Class (06/01/98) 6,7 -14.76% -18.51% -19.29% -2.56% 1.42% 2.43%
ProFund VP Short OTC.
Transamerica PIMCO Total Return VP - Service Class (05/01/02) 6,7 -12.94% -13.88% -10.19% -0.79% 0.69% 1.96% 6 Returns for period prior to the inception of this class
Transamerica U.S. Government Securities VP - SC (05/13/94) 6,7 -8.00% -6.40% -4.10% 0.68% 1.15% 2.42% of share with 12b-1 fee are based on historical
Speciality returns for a class of shares without a 12b-1 fee,
Access VP High Yield Fund SM (05/02/05) 3 -9.44% -11.31% -10.17% 1.60% N/A 2.44% adjusted as if the 12b-1 fee had been in effect since
ProFund VP Asia 30 (05/01/02) 3 -26.33% -44.89% -43.54% 5.91% 11.06% 9.75% the inception date.
7 As of May 1, 2008, unless previously part of the
ProFund VP Basic Materials (05/01/02) 3 -30.40% -33.65% -30.56% 3.31% 7.27% 4.04%
name, Transamerica was added to the beginning of
ProFund VP Bull (05/01/01) 3 -16.38% -28.12% -30.93% -4.58% 1.27% -2.89%
the fund name; and VP was added to the end of the
ProFund VP Consumer Services (05/01/02) 3 -16.27% -23.32% -30.09% -7.06% -2.42% -4.59% fund name.
ProFund VP Emerging Markets (08/31/07) 3 -22.59% -39.64% -37.29% N/A N/A -26.09% 8 As of May 1, 2008, Transamerica was added to the
ProFund VP Europe 30 (10/18/99) 3 -22.53% -36.13% -36.92% -3.87% 5.66% -1.23% beginning of the fund name; and Portfolio was
ProFund VP Falling U.S. Dollar (08/31/07) 3 -10.36% -11.37% -9.24% N/A N/A -5.16% replaced with VP at the end of the fund name.
9 As of May 1, 2008, Transamerica was added to the
ProFund VP Financials (01/22/01) 3 -12.33% -34.43% -44.61% -12.57% -4.23% -4.03%
beginning of the fund name; and Fund was replaced
ProFund VP International (08/31/07) 3 -19.63% -37.57% -39.14% N/A N/A -33.60%
with VP at the end of the fund name.
ProFund VP Japan (05/01/02) 3 -17.54% -31.99% -38.77% -6.58% 2.12% -0.54% 10 As of May 1, 2008 formerly known as Templeton
ProFund VP Mid-Cap (08/31/07) 3 -18.60% -24.71% -27.26% N/A N/A -23.71% Transamerica Global.
11 Available on or about May 1, 2008.
ProFund VP NASDAQ-100 (01/22/01) 3,4 -22.77% -32.42% -32.57% -4.39% 0.75% -9.38%
ProFund VP Oil & Gas (01/22/01) 3 -20.34% -26.83% -23.62% 3.40% 18.52% 8.53%
ProFund VP Pharmaceuticals (05/01/02) 3 -12.61% -22.53% -23.06% -3.91% -3.67% -5.48%
ProFund VP Precious Metals (05/01/02) 3 -19.50% -32.98% -32.26% 0.33% 3.99% 5.25%
ProFund VP Short Emerging Markets (08/31/07) 3 2.91% 19.14% 9.87% N/A N/A -3.67%
ProFund VP Short International (08/31/07) 3 0.87% 22.75% 26.49% N/A N/A 18.30%
ProFund VP Short NASDAQ-100 (05/01/02) 3,5 6.73% 15.78% 16.72% -0.69% -5.10% -7.62%
ProFund VP Short Small-Cap (09/03/02) 3 -2.12% -3.24% 1.29% -4.02% -7.93% -11.63%
ProFund VP Small-Cap (05/01/01) 3 -15.96% -19.29% -22.96% -2.99% 4.48% 1.67%
ProFund VP Small-Cap Value (05/01/02) 3 -13.22% -16.31% -22.93% -3.09% 5.82% 1.29%
ProFund VP Telecommunications (01/22/01) 3 -21.09% -39.32% -43.83% -3.19% 1.99% -10.40%
 5 of 7
WRL Freedom Premier® III Adjusted Historical Average Annual Returns
10 Years
Portfolio returns with surrender charges One Year To One Three Five
or Since
and service charge deducted Month Date Year Year Year
Incept.
Speciality
ProFund VP U.S. Government Plus (05/01/02) 3 -5.85% -3.78% 4.56% 0.69% 2.71% 4.64%
ProFund VP UltraSmall-Cap (10/18/99) 3 -25.16% -35.56% -43.53% -10.90% 4.06% -0.98%
ProFund VP Utilities (01/22/01) 3 -20.21% -30.23% -25.19% -2.86% 7.76% -0.03%
Cash
1,6,7
Transamerica Money Market VP-Service Class 7-Day Current Yield: 0.55% 7-Day Effective Yield: 0.55%
ProFund VP Money Market 1,3 7-Day Current Yield: -1.24% 7-Day Effective Yield: -1.23%
Guaranteed Fixed Accounts 2
 6 of 7
Average Annual Returns
WRL Freedom Premier® III As Of 9/30/08 As Of 9/30/08 The performance quoted represents past
10 Years 10 Years performance and does not guarantee future
Subaccount returns with surrender charges One Five One Five
or Since or Since results; and current performance may be lower
Year Year Year Year
and service charges deducted Incept. Incept. or higher than the performance quoted. The
annuity value will fluctuate with market
Asset Allocation
conditions so that when surrendered, it may be
Transamerica Asset Allocation - Conservative VP - SC (01/12/04) 6,8 -20.41% N/A 0.57% -20.41% N/A 0.57%
worth more or less than the total of premium
Transamerica Asset Allocation - Growth VP - SC (01/12/04) 6,8 -32.92% N/A 1.54% -32.92% N/A 1.54% payments.
Transamerica Asset Allocation - Moderate Growth VP-SC (01/12/04) 6,8 -28.33% N/A 1.69% -28.33% N/A 1.69% Returns reflect performance of the portfolio
Transamerica Asset Allocation - Moderate VP - SC (01/12/04) 6,8 -23.62% N/A 1.38% -23.62% N/A 1.38% assuming a single premium payment at subaccount
Transamerica Index 50 VP SC (05/01/08) 6,11 N/A N/A -18.31% N/A N/A -18.31% inception (date next to subaccount name), with the
Transamerica Index 75 VP SC (05/01/08) 6,11 N/A N/A -22.79% N/A N/A -22.79% Policy Value death benefit and are net of all asset-
-32.75% N/A -10.05% -32.75% N/A -10.05% based fees, including the daily mortality and expense
Transamerica International Moderate Growth VP - SC (05/01/06) 6,9
risk fee and administrative charge equal to 1.25%
Foreign Stock annually, annual service charge, maximum
Transamerica Clarion Global Real Estate Sec VP - SC (01/12/04) 6,7 -35.43% N/A 8.57% -35.43% N/A 8.57%
surrender charge (8.50%) and all other actual
Transamerica MFS International Equity VP - SC (05/01/07) 6,7 -32.02% N/A -22.34% -32.02% N/A -22.34% portfolio expenses. They do not include charges for
Transamerica Templeton Global VP - Service Class (01/12/04) 6,10 -35.30% N/A -0.21% -35.30% N/A -0.21% other optional riders, or any taxes that may apply at
Small Cap Growth distribution. IF THEY HAD, PERFORMANCE
Transamerica T.Rowe Price Small Cap VP - Service Class (01/12/04) 6,7 -25.60% N/A 0.41% -25.60% N/A 0.41% WOULD BE LOWER.
1 The seven-day yield refers to the annualized income
Small Cap Value
Transamerica Third Avenue Value VP - Service Class (01/12/04) 6,7 -32.62% N/A 4.10% -32.62% N/A 4.10% generated by an investment in the subaccount over
Mid Cap Growth a specified seven-day period. For the effective yield,
-30.28% N/A 4.06% -30.28% N/A 4.06% the income earned by an investment in the
Transamerica Growth Opportunities VP - SC (01/12/04) 6,7
subaccount is assumed to be reinvested. See the
Transamerica Van Kampen Mid-Cap Growth VP - SC (01/12/04) 6,7 -36.42% N/A -0.61% -36.42% N/A -0.61%
Prospectus and Statement of Additional Information
Mid Cap Blend for further details regarding calculations of yields.
Transamerica Legg Mason Partners All Cap VP-SC (01/12/04) 6,7 -29.24% N/A -0.97% -29.24% N/A -0.97% 2 Guaranteed Fixed Accounts are not available in all
Mid Cap Value states. They are updated on a periodic basis and
Transamerica Federated Market Opportunity VP - SC (01/12/04) 6,7 -4.26% N/A 1.04% -4.26% N/A 1.04% are backed by the Insurance Company’s claims-
Transamerica Small/Mid Cap Value VP -Service Class (05/01/04) 6,7 -28.13% N/A 7.63% -28.13% N/A 7.63% paying ability. Contact your registered
Large Cap Growth representative for current rates.
3 It is the general policy of ProFunds to permit
Transamerica Balanced VP - Service Class (01/12/04) 6,7 -25.39% N/A 1.32% -25.39% N/A 1.32%
-35.84% N/A 1.49% -35.84% N/A 1.49% frequent purchases and redemptions of ProFund VP
Transamerica Equity VP - Service Class (01/12/04) 6,7
and Access VP High Yield Fund shares. Active
Transamerica Marsico Growth VP - Service Class (01/12/04) 6,7 -31.29% N/A 0.65% -31.29% N/A 0.65%
trading in these shares could increase portfolio
Transamerica Munder Net50 VP - Service Class (01/12/04) 6,7 -34.22% N/A -2.48% -34.22% N/A -2.48% turnover. In addition, large movements of assets into
Transamerica Science & Technology VP - Service Class (01/12/04) 6,7 -35.13% N/A -2.95% -35.13% N/A -2.95% and out of the portfolios may negatively impact each
Large Cap Blend portfolio's ability to achieve its investment objective
Fidelity - VIP Index 500 Portfolio - Service Class 2 (01/12/04) 6 -30.45% N/A -0.01% -30.45% N/A -0.01% or maintain a consistent level of operating expenses.
Transamerica JPMorgan Enhanced Index VP - SC (01/12/04) 6,7 -31.69% N/A -0.64% -31.69% N/A -0.64% In certain circumstances, a ProFund VP or the
Large Cap Value Access VP High Yield Fund's expense ratio may
-29.67% N/A 3.89% -29.67% N/A 3.89% vary from current estimates or the historical ratio
Transamerica BlackRock Large Cap Value VP - SC (01/12/04) 6,7
disclosed. For information regarding the principal
Transamerica Capital Guardian Value VP - Service Class (01/12/04) 6,7 -40.46% N/A -1.75% -40.46% N/A -1.75%
risks for each ProFund VP and the Access VP High
Transamerica T.Rowe Price Equity Income VP - SC (01/12/04) 6,7 -28.74% N/A 1.26% -28.74% N/A 1.26% Yield fund please refer to the prospectus.
Transamerica Value Balanced VP - Service Class (01/12/04) 6,7 -26.75% N/A 0.86% -26.75% N/A 0.86% 4 As of December 28, 2007, formerly known as
Fixed Income ProFund VP OTC.
-28.10% N/A 0.88% -28.10% N/A 0.88% 5 As of December 28, 2007, formerly known as
Transamerica Convertible Securities VP - Service Class (01/12/04) 6,7
Transamerica JPMorgan Core Bond VP - Service Class (01/12/04) 6,7 -5.22% N/A 1.13% -5.22% N/A 1.13% ProFund VP Short OTC.
6 Returns for period prior to the inception of this class
Transamerica MFS High Yield VP - Service Class (01/12/04) 6,7 -19.29% N/A -0.11% -19.29% N/A -0.11%
of share with 12b-1 fee are based on historical
Transamerica PIMCO Total Return VP - Service Class (01/12/04) 6,7 -10.19% N/A 0.26% -10.19% N/A 0.26%
returns for a class of shares without a 12b-1 fee,
Transamerica U.S. Government Securities VP - SC (01/12/04) 6,7 -4.10% N/A 0.87% -4.10% N/A 0.87% adjusted as if the 12b-1 fee had been in effect since
Speciality the inception date.
Access VP High Yield Fund SM (09/04/07) 3 -10.17% N/A -7.37% -10.17% N/A -7.37% 7 As of May 1, 2008, unless previously part of the
ProFund VP Asia 30 (09/04/07) 3 -43.54% N/A -31.93% -43.54% N/A -31.93% name, Transamerica was added to the beginning of
ProFund VP Basic Materials (09/04/07) 3 -30.56% N/A -23.40% -30.56% N/A -23.40% the fund name; and VP was added to the end of the
-30.93% N/A -25.22% -30.93% N/A -25.22% fund name.
ProFund VP Bull (06/21/07) 3 8 As of May 1, 2008, Transamerica was added to the
ProFund VP Consumer Services (09/04/07) 3 -30.09% N/A -28.27% -30.09% N/A -28.27%
beginning of the fund name; and Portfolio was
ProFund VP Emerging Markets (09/04/07) 3 -37.29% N/A -27.47% -37.29% N/A -27.47% replaced with VP at the end of the fund name.
ProFund VP Europe 30 (09/04/07) 3 -36.92% N/A -31.69% -36.92% N/A -31.69% 9 As of May 1, 2008, Transamerica was added to the
ProFund VP Falling U.S. Dollar (09/04/07) 3 -9.24% N/A -5.11% -9.24% N/A -5.11% beginning of the fund name; and Fund was replaced
ProFund VP Financials (09/04/07) 3 -44.61% N/A -41.66% -44.61% N/A -41.66% with VP at the end of the fund name.
10 As of May 1, 2008 formerly known as Templeton
ProFund VP International (09/04/07) 3 -39.14% N/A -34.39% -39.14% N/A -34.39%
Transamerica Global.
ProFund VP Japan (09/04/07) 3 -38.77% N/A -36.09% -38.77% N/A -36.09% 11 Available on or about May 1, 2008.
ProFund VP Mid-Cap (09/04/07) 3 -27.26% N/A -24.73% -27.26% N/A -24.73%
ProFund VP NASDAQ-100 (06/21/07) 3,4 -32.57% N/A -22.00% -32.57% N/A -22.00%
ProFund VP Oil & Gas (09/04/07) 3 -23.62% N/A -17.84% -23.62% N/A -17.84%
ProFund VP Pharmaceuticals (09/04/07) 3 -23.06% N/A -20.76% -23.06% N/A -20.76%
ProFund VP Precious Metals (09/04/07) 3 -32.26% N/A -18.04% -32.26% N/A -18.04%
ProFund VP Short Emerging Markets (09/04/07) 3 9.87% N/A -2.25% 9.87% N/A -2.25%
ProFund VP Short International (09/04/07) 3 26.49% N/A 19.47% 26.49% N/A 19.47%
ProFund VP Short NASDAQ-100 (09/04/07) 3,5 16.72% N/A 12.01% 16.72% N/A 12.01%
ProFund VP Short Small-Cap (06/21/07) 3 1.29% N/A 4.32% 1.29% N/A 4.32%
ProFund VP Small-Cap (06/21/07) 3 -22.96% N/A -21.91% -22.96% N/A -21.91%
ProFund VP Small-Cap Value (09/04/07) 3 -22.93% N/A -22.10% -22.93% N/A -22.10%
ProFund VP Telecommunications (09/04/07) 3 -43.83% N/A -39.80% -43.83% N/A -39.80%
 Average Annual Returns 7 of 7
WRL Freedom Premier® III As Of 9/30/08 As Of 9/30/08

One Five 10 Years One Five 10 Years

Subaccount returns with surrender charges Year Year or Since Year Year or Since
and service charges deducted Incept. Incept.
Speciality
ProFund VP U.S. Government Plus (09/04/07) 3 4.56% N/A 4.44% 4.56% N/A 4.44%
ProFund VP UltraSmall-Cap (09/04/07) 3 -43.53% N/A -41.04% -43.53% N/A -41.04%
ProFund VP Utilities (09/04/07) 3 -25.19% N/A -22.57% -25.19% N/A -22.57%
Cash
1,6,7
Transamerica Money Market VP-Service Class 7-Day Current Yield: 0.55% 7-Day Effective Yield: 0.55%
ProFund VP Money Market 1,3 7-Day Current Yield: -1.24% 7-Day Effective Yield: -1.23%
Guaranteed Fixed Accounts 2