David P. Nolan

DAVID P. NOLAN is Senior Vice President and Mid Cap Growth Portfolio
Manager at BB&T Asset Management. He has managed the BB&T Mid Cap Growth
Fund since its inception in 1993 after managing its predecessor common
trust fund from1985 to 1993. Mr. Nolan manages the BB&T Mid Cap Growth
Variable Insurance Fund, a mid-cap growth fund for BB&T’s variable
annuity product. He has 24 years of trust and investment experience
including management of several common and collective equity trust funds
as well as public mutual funds. Prior to joining BB&T (One Valley Bank)
in 1984, Mr. Nolan served as an Account Executive with Alex Brown &
Sons, a regional brokerage firm in Charleston, West Virginia. Mr. Nolan
earned his BS in Business from Wake Forest University.

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February 21, 2005