THE CORPORATE LIBRARY

Related Party Transactions and Outside Related Director Information

Lincoln Financial Group (LNC)

4/26/2006 Proxy Information

Mr. Stonecipher served as Chairman of Jefferson-Pilot Corporation from May 1998 until April 2006. He previously served as President of Jefferson-Pilot Corporation until November 2001 and was Chief Executive Officer from March 1993 to February 2004. Lincoln Financial merged with Jefferson-Pilot.

4/8/2005 Proxy Information

During 2004, Jude Driscoll, President and CEO of Lincoln National Investment Companies and Delaware Management Holdings, Inc., had a secured loan outstanding to one of our subsidiaries. The largest aggregate amount outstanding during 2004 was $539,776. Interest on the loan accrued at a compound rate of 6% per year. The loan provided that if Mr. Driscoll remained in our employ until January 31, 2004, the outstanding loan amount would automatically be reduced to $10,000 on that date. Also in accordance with the loan agreement, our subsidiary reimbursed Mr. Driscoll $417,479 for the payment of federal and state taxes as a result of loan forgiveness. Mr. Driscoll repaid the remaining balance of his loan in March 2005. The loan was granted to Mr. Driscoll in January 2001 in connection with his starting employment with one of our subsidiaries. The loan was granted so that Mr. Driscoll could repay a loan to his prior employer under his prior employer’s stock purchase loan program. The terms of the loan were never amended, and the loan was “grandfathered” under Section 402 of the Sarbanes-Oxley Act of 2002.

3/27/2003 and 3/31/2004 Proxy Information

No related party transactions or special relationships reported for this company. Director relationships marked "Outside Related" at this firm will most often be former executives of the company. Additional information regarding these relationships will be added during our regular updates.