Company Press Release U.S. BANCORP FUND SERVICES HIRES CHUCK GARIBOLDI TO FUND ACCOUNTING DIVISION

MILWAUKEE (May 27, 2011) — U.S. Bancorp Fund Services, LLC, an industry-leading mutual fund and alternative investment service provider, announces the recent addition of Chuck Gariboldi as vice president and fund accounting operations manager. Gariboldi oversees daily operations for the fund accounting division at U.S. Bancorp Fund Services. He also works closely with divisions throughout the company to ensure accounting operations and policies are consistently structured and resourced to meet evolving client and industry trends.

"Our goal is to find and retain the best talent in the industry. Chuck is a seasoned expert who brings an incredible amount of insight, best practices, and knowledge to our operations and clients," said Dana Armour, senior vice president and director of the fund accounting division at U.S. Bancorp Fund Services.

Gariboldi has more than 20 years of financial industry experience. His most recent role was with U.S. Bank as treasurer of First American Funds. Prior to his tenure with U.S. Bank, Gariboldi served as vice president of investment accounting and fund treasurer at Thrivent Financial for Lutherans. He also worked at State Street as a senior fund accountant.

About U.S. Bancorp Fund Services, LLC Headquartered in Milwaukee since 1969, U.S. Bancorp Fund Services, LLC provides services to 286 fund families comprised of 1,658 portfolios, 1,901 fund classes, and 3.5 million shareholder accounts with $450 billion in client assets. U.S. Bancorp Fund Services combines industry-leading technology with high-quality customer service to provide clients with the best solutions available. For more information about their comprehensive suite of mutual fund and alternative investment product services, call 800-300-3863 or visit www.usbfs.com.