VCSLX: Profile for VALIC COMPANY I SMALL CAP INDEX

Kurtz joined AIG Investments with the acquisition of American General Investment Management (AGIM) in 2001. As a senior portfolio manager, he is responsible for the management and trading of the wide variety of domestic and international equity index funds managed by AIG Investments. Prior to AIG Investments, he worked at Sears Investment Management Co., the retirement fund management subsidiary of Sears, Roebuck and Co. from 1978 to 2000.

INVESTMENT INFORMATION

Min Initial Investment:	$0
Min Initial Investment, IRA:	NaN
Min Initial Investment, AIP:	NaN
Min Subsequent Investment:	NaN
Min Subsequent Investment, IRA:	N/A
Min Subsequent Investment, AIP:	N/A

VCSLX can be purchased from brokerages.

FUND SUMMARY

The investment seeks to provide growth of capital. The fund invests primarily in a diversified portfolio of common stocks that, as a group, believed may provide investment results closely corresponding to the performance of the Russell 2000(R) index. It normally invests at least 80% of net assets in stocks that are in the index and up to 20% in investments that are not part of the index, including common stock, related securities, illiquid securities, and high quality money market securities. The fund may invest up to 33 1/3% of in futures and options.

FUND OPERATIONS

Last Dividend (22-Dec-08):	0.23
Last Cap Gain (22-Dec-08):	0.97
Annual Holdings Turnover	24.00%
Average for Category:	92.45%

FEES & EXPENSES

Expense	VCSLX	Category Avg
Total Expense Ratio:	0.47%	1.40%
Max 12b1 Fee:	%	N/A
Max Front End Sales Load:	%	5.37%
Max Deferred Sales Load:	%	2.34%
3 Yr Expense Projection*:	$ 151	$618
5 Yr Expense Projection*:	$ 263	$996
10 Yr Expense Projection*:	$ 591	$2,008

* Per $10,000 invested

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