. . . METLIFE, INC. RATIO OF EARNINGS TO FIXED CHARGES FOR THE NINE MONTHS ENDED SEPTEMBER 30, FOR THE YEAR ENDED DECEMBER 31, ------------------- ------------------------------------------------ 2006 2005 2005 2004 2003 2002 2001 ------- ------- ------- ------- ------- ------- ------- (IN MILLIONS) Income from continuing operations before provisions for income tax ................ $ 3,154 $ 3,525 $ 4,306 $ 3,574 $ 2,359 $ 1,406 $ 409 Minority interest ................................ 183 113 154 152 110 73 57 Undistributed income and losses from investees ... 42 (533) (106) (108) 144 152 (102) ------- ------- ------- ------- ------- ------- ------- ADJUSTED EARNINGS BEFORE FIXED CHARGES ........... $ 3,379 $ 3,105 $ 4,354 $ 3,618 $ 2,613 $ 1,631 $ 364 ======= ======= ======= ======= ======= ======= ======= ADD: FIXED CHARGES Interest and debt issuance costs ................. 671 462 659 408 478 403 332 Estimated interest component of rent expense (1) . 48 53 68 61 59 86 82 Interest credited to bank deposits ............... 142 72 109 39 17 7 3 Interest credited to policyholder account balances 3,839 2,764 3,925 2,997 3,035 2,950 3,084 ------- ------- ------- ------- ------- ------- ------- TOTAL FIXED CHARGES .............................. $ 4,700 $ 3,351 $ 4,761 $ 3,505 $ 3,589 $ 3,446 $ 3,501 ======= ======= ======= ======= ======= ======= ======= ------- ------- ------- ------- ------- ------- ------- TOTAL EARNINGS AND FIXED CHARGES ................. $ 8,079 $ 6,456 $ 9,115 $ 7,123 $ 6,202 $ 5,077 $ 3,865 ======= ======= ======= ======= ======= ======= ======= RATIO OF EARNINGS TO FIXED CHARGES ............... 1.72 1.93 1.91 2.03 1.73 1.47 1.10 ======= ======= ======= ======= ======= ======= ======= 1) 23.1% for 2006, 2005, 2004 and 2003 and 29.1% for 2002 and 2001.