This announcement corrects an error in Rev. Rul. 2006-25 published in
                        2006-20 I.R.B.  On page 883 of 2006-20 I.R.B., the numbers listed for Schedule
                        A are incorrect.  The numbers presently read 5.75 for guarantee durations
                        of 10 or fewer years, 5.25 for guarantee durations of more than 10 years but
                        not more than 20 years, and 5.00 for guarantee durations of more than 20 years.
                         These numbers would be correct if the table referenced nonforfeiture interest
                        rates but are not the valuation interest rates intended to be listed in Schedule
                        A.  The correct numbers for valuation interest rates are 4.50 for guarantee
                        durations of 10 or fewer years, 4.25 for guarantee durations of more than
                        10 years but not more than 20 years, and 4.00 for guarantee durations of more
                        than 20 years.  No other information in the revenue ruling is changed.
                     
                   
                  
                     
                     The principal author of this revenue ruling is Ann H. Logan of the Office
                        of Associate Chief Counsel (Financial Institutions and Products).  For further
                        information regarding this announcement, contact her at (202) 622-3970 (not
                        a toll-free call).
                     
                   
               
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