Important Notice Regarding Company Financial Information:

The Company prepares quarterly and annual financial statements on the basis of Statutory Accounting Principles (SAP). The Company also prepares its financial statements once yearly on the basis of Generally Accepted Accounting Principles (GAAP).  The Company's year-end SAP and GAAP statements are audited.  It should be noted that SAP basis financial statements are regulatory in nature and differ materially from GAAP basis financial statements.

The Company’s preferred stock (OTCBB: NCLI) and common stock are (OTCBB: NCLI) traded over the counter.  As part of the filing requirements to be quoted on OTCBB. The Company files with NASDAQ its regular quarterly and year-end statements.  These limited filings are made under a NASDAQ exemption provided for preferred stock (i.e. not common stock) and a conditional life insurance company exemption from regular Securities and Exchange Commission filing requirements. Accordingly, the filings do not meet requirements of the 1934 Exchange Act filing requirements.

Financial and other information contained on the Company’s web site and which are not historical facts are forward-looking and involve a number of risks and uncertainties that could cause the actual results of the future events described to differ materially from those described. The types of risks and uncertainties that may cause such differences between the anticipated and actual results of future events described on the web site include, but are not limited to: significant fluctuations in the performance of national debt markets; the effect of economic conditions and interest rates, variations in demand for the Company’s products; the ability of the Company to compete in its business areas; and changes in government regulations affecting the Company’s operations. Investors are therefore cautioned not to put undue reliance on any information which is forward-looking.