National Mutual Insurance Federation of Agricultural Cooperatives

National Mutual Insurance Federation of Agricultural Cooperatives as of Sept. 30, 2006

Portfolio Holdings for National Mutual Insurance Federation of Agricultural Cooperatives

National Mutual Insurance Federation of Agricultural Cooperatives holds 49 positions in its portfolio as reported in the September 2006 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Spdr S&p 500 Etf (SPY) 70.4 $150M 1.1M 133.58
WellPoint 1.0 $2.1M 28k 77.06
Becton, Dickinson and (BDX) 0.9 $2.0M 28k 70.68
Johnson Controls 0.9 $1.9M 27k 71.75
Eaton Corporation 0.9 $1.9M 28k 68.85
Wells Fargo & Company (WFC) 0.8 $1.8M 50k 36.18
NOBLE CORPORATION Com Stk 0.8 $1.8M 28k 64.17
McGraw-Hill Companies 0.8 $1.8M 31k 58.03
Procter & Gamble Company (PG) 0.8 $1.7M 28k 61.99
Bank Of New York 0.8 $1.7M 49k 35.26
Exxon Mobil Corporation (XOM) 0.8 $1.6M 24k 67.08
Norfolk Southern (NSC) 0.8 $1.6M 36k 44.06
Altria (MO) 0.8 $1.6M 21k 76.57
Microsoft Corporation (MSFT) 0.7 $1.5M 56k 27.35
Citi 0.7 $1.5M 31k 49.67
Entergy Corporation (ETR) 0.7 $1.5M 19k 78.22
U.S. Bancorp (USB) 0.7 $1.4M 42k 33.21
American Intl Group 0.7 $1.4M 21k 66.27
AutoZone (AZO) 0.7 $1.4M 13k 103.28
ConocoPhillips (COP) 0.6 $1.4M 23k 59.52
Raytheon Company 0.6 $1.3M 28k 47.99
Federated Department Stores 0.6 $1.3M 31k 43.21
St Paul Travelers Cos 0.6 $1.3M 28k 46.88
Marshall & Ilsley Corp 0.6 $1.3M 27k 48.19
Intuit (INTU) 0.6 $1.3M 40k 32.10
Manor Care 0.6 $1.3M 24k 52.26
Emerson Electric (EMR) 0.6 $1.2M 15k 83.86
Amgen (AMGN) 0.6 $1.2M 17k 71.56
V.F. Corporation (VFC) 0.6 $1.2M 16k 72.96
Wachovia Corp 0.6 $1.2M 21k 55.81
Caremark Rx 0.6 $1.2M 21k 56.68
International Business Machines (IBM) 0.5 $1.1M 14k 81.93
Nike (NKE) 0.5 $1.1M 13k 87.62
Exelon Corporation (EXC) 0.5 $1.2M 19k 60.53
Coca-Cola Company (KO) 0.5 $1.1M 25k 44.66
Adobe Systems Incorporated (ADBE) 0.5 $1.1M 30k 37.46
Darden Restaurants (DRI) 0.5 $1.1M 27k 42.48
Goodrich Corporation 0.5 $1.1M 28k 40.54
Johnson & Johnson (JNJ) 0.5 $1.1M 17k 64.91
Sprint Nextel Corporation 0.5 $1.1M 63k 17.15
Merrill Lynch & Co. 0.5 $1.1M 14k 78.21
3M Company (MMM) 0.5 $1.0M 14k 74.44
Nucor Corporation (NUE) 0.5 $990k 20k 49.50
Electronic Arts (EA) 0.4 $933k 17k 55.87
Linear Technology Corporation 0.4 $794k 26k 31.14
Verizon Communications (VZ) 0.3 $743k 20k 37.15
Qualcomm (QCOM) 0.3 $727k 20k 36.35
E.I. du Pont de Nemours & Company 0.3 $651k 15k 42.83
Wal-Mart Stores (WMT) 0.3 $592k 12k 49.33