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Vanguard Variable Annuity - Small Company Growth Portfolio

Quarter-End Holdings as of 06/30/2015

1Super Micro Computer Inc.1.2%
2Infoblox Inc.1.1%
3Euronet Worldwide Inc.1.1%
4Gigamon Inc.1.0%
5SPS Commerce Inc.0.9%
6Power Solutions International Inc.0.9%
7Advisory Board Co.0.9%
8Ultimate Software Group Inc.0.8%
9Radware Ltd.0.8%
10Tennant Co.0.8%
Ten largest holdings = 9.5% of total net assets

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

Vanguard portfolio holdings disclaimer