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Vanguard Variable Annuity - Mid-Cap Index Portfolio

Quarter-End Holdings as of 02/28/2015

1Health Care REIT Inc.0.8%
2United Continental Holdings Inc.0.7%
3Delphi Automotive plc0.7%
4Sherwin-Williams Co.0.7%
5L Brands Inc.0.7%
6Boston Scientific Corp.0.7%
7AvalonBay Communities Inc.0.6%
8Cerner Corp.0.6%
9Mylan NV0.6%
10AmerisourceBergen Corp.0.6%
Ten largest holdings = 6.7% of total net assets

Portfolio holdings may exclude any temporary cash investments and equity index products.

Vanguard portfolio holdings disclaimer