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D Nationwide@ Retirement Solutions RECEIVED CASS CO AUDITOR 2005 DEe 5 RfT1 8 38 On Your Side '" Here is your new Plan Document As your partner in the Deferred Compensation Program, Nationwide is pleased to present you with the Amended and Restated 457(b) Governmental Plan Document (plan Document). Effective January 1,2006, we will administer your deferred compensation program in accordance with this Plan Document. We ask that you: 1. Review the enclosed Plan Document and contact us if you have questions. To help you understand what is new or different, we have prepared an Explanation rifSubstantive Changes, beginning on page 2 of this letter. 2. Please review this document with all appropriate staff and implement this Plan Document no later than December 31, 2005. o Retain this document, along with any loan amendments to your previous Plan Document, With your other important papers. Why has the Plan Document been changed? On July 11,2003, the United States Department of Treasury issued final regulations for Internal Revenue Code Section 457. The Internal Revenue Service requires that governmental 457(b) plans conform to the final regulations as of January 1, 2006, and issued model amendments as guidance. Most of the changes in your new Plan Document have been made to be consistent with the language in the model amendments. Also, a few substantive changes were incorporated to provide your participants with additional flexibility with their deferred compensation accounts, as permitted in the final regulations. Nationwide has made it easy for your Plan to conform to the final regulations. The enclosed Plan Document not only complies with the final regulations, but also includes modifications that are a result of recent IRS regulations, rulings and guidance. What else do I need to do? Nothing! Once you've reviewed and adopted the Plan Document, you're all set. We appreciate the opportunity to offer this important benefit to your employees. If you have questions about the new Plan Document or any aspect of your deferred compensation program, please contact your Nationwide representative or call 1-877-NRS-FORU (877-677-3678), option 2. Amended and Restated 457(b) Governmental Plan Document Nationwide Retirement Solutions, Inc., December 31, 2005 Plan Document Checklist o Read the Explanation of Substantive Changes along with your new Plan Document o Implement the Amended and Restated 457(b) Governmental Plan Documentby December 31,2005. o Retain the new Plan Document. Page 1 of 4