Independent Auditors' Consent The Board of Directors of Nationwide Life Insurance Company: We consent to the use of our report for Nationwide Life Insurance Company and subsidiaries dated March 11, 2004, incorporated by reference herein, and to the reference to our firm under the heading "Experts" in the prospectus (File No. 333-104106). Our report covering the December 31, 2001 financial statements for Nationwide Life Insurance Company and subsidiaries refers to a change to the method of accounting for derivative instruments and hedging activities, and for purchased or retained interests in securitized financial assets. KPMG LLP Columbus, Ohio April 20, 2004