PRESS RELEASES - FUND INDUSTRY CORPORATE PROMOTIONS/CHANGES

• STATE STREET RESEARCH ANNOUNCES NEW APPOINTMENT IN EQUITY PORTFOLIO MANAGEMENT - (8/28/02)

• PIONEER GLOBAL ASSET MANAGEMENT NOMINATES DON G. POWELL TO BOARD - (5/3/02)

• STATE STREET RESEARCH HIRES INDUSTRY VETERAN MIREN ETCHEVERRY AS CO-PORTFOLIO MANAGER FOR INTERNATIONAL EQUITY PORTFOLIOS - (5/1/02)

• STATE STREET RESEARCH & MANAGEMENT COMPANY SELECTED BY SALOMON SMITH BARNEY AS INVESTMENT MANAGER FOR SEPARATELY MANAGED ACCOUNT PROGRAM - (4/25/02)

• PIONEER INVESTMENT MANAGEMENT USA INC. REORGANIZES DISTRIBUTION ENTITY, HIRES TWO FORMER FIDELITY EXECUTIVES - (3/18/02)

• STATE STREET RESEARCH AWARDED NEW INSTITUTIONAL BUSINESS FROM AUTOMOTIVE INDUSTRIES PENSION TRUST - (2/12/02)

• STATE STREET RESEARCH HIRES INDUSTRY VETERAN GEORGE H. CRANE AS HEAD OF INVESTMENT ADMINISTRATION AND OPERATIONS - (1/30/02)

• STATE STREET RESEARCH NAMES ELEANOR MARSH INTERNATIONAL EQUITY PORTFOLIO MANAGER (12/19/01)

• STATE STREET RESEARCH AWARDED NEW INSTITUTIONAL BUSINESS FROM SUNAMERICA (12/14/01)

• STATE STREET RESEARCH & MANAGEMENT COMPANY APPOINTS PUBLIC RELATIONS MANAGER (12/10/01)

• INVESCO FUNDS GROUP NAMES INSTITUTIONAL SALES MANAGER (12/6/01)

• INVESCO FUNDS GROUP COMPLETES TRANSITION TO ADVISOR CHANNEL (11/28/01)

• PIONEER INVESTMENT MANAGEMENT USA INC. ANNOUNCES WORKFORCE REDUCTION (11/14/01)

• INVESCO FUNDS GROUP ANNOUNCES ELECTRONIC DOCUMENT DELIVERY (11/13/01)

• STATE STREET RESEARCH & MANAGEMENT COMPANY NAMES WILLIAM A. IRVINE TO THE INSTITUTIONAL SALES TEAM (10/29/01)

• STATE STREET RESEARCH ANNOUNCES FIRST TIME CITY YEAR SERVE-A-THON EVENT PARTICIPATION (10/22/01)

• MARY RUTH MORAN JOINS STATE STREET RESEARCH TO LEAD OPERATIONS EFFORTS (10/9/01)

• PIONEER GLOBAL ASSET MANAGEMENT S.P.A. APPOINTS DAN GERACI AS CEO AND PRESIDENT OF PIONEER USA (10/4/01)

• BARBARA MCKENNA JOINS STATE STREET RESEARCH FIXED INCOME TEAM - (9/24/01)

• INVESCO FUNDS GROUP NAMES NATIONAL SALES MANAGER - (9/20/01)

• INVESCO FUNDS GROUP HIRES NEW FIXED INCOME MANAGER - (9/19/01)

• STATE STREET RESEARCH NAMES HEALTH CARE TEAM TO MANAGE HEALTH SCIENCES FUND - (8/23/01)

• STATE STREET RESEARCH AWARDED NEW INSTITUTIONAL BUSINESS FROM NEW ENGLAND FINANCIAL - (8/22/01)

• INVESCO FUNDS ADDED TO AMERICAN EXPRESS PRODUCT LINE - (8/16/01)

• STATE STREET RESEARCH CEO NAMED TO BOSTON BALLET BOARD OF TRUSTEES - (8/13/01)

• INVESCO FUNDS GROUP ANNOUNCES PROMOTIONS - (8/10/01)

• PEGGY SCHOOLEY NAMED PRESIDENT, CEO OF PIONEER INVESTMENT MANAGEMENT SHAREHOLDER SERVICES, INC. - (6/27/01)

• STATE STREET RESEARCH HIGH INCOME FUND CO-MANAGERS NAMED - (6/26/01)

• INVESCO FUNDS GROUP PROMOTES CHARLES MAYER - (6/25/01)

• PIONEER INVESTMENT MANAGEMENT, INC. REALIGNS SALES FORCE TO MEET INCREASED DEMAND - (6/12/01)

• DAVID SILVER TO JOIN BOARD OF PIONEER GLOBAL ASSET MANAGEMENT - (5/16/01)

• STATE STREET RESEARCH & MANAGEMENT COMPANY NAMES DIRECTOR OF FIXED INCOME RESEARCH - (5/14/01)

• STATE STREET RESEARCH & MANAGEMENT COMPANY NAMES NEW ADDITIONS TO INSTITUTIONAL SALES AND CLIENT SERVICE TEAM - (5/14/01)

• INVESCO FUNDS GROUP NAMES CUNNINGHAM PRESIDENT - (5/10/01)

• STATE STREET RESEARCH & MANAGEMENT COMPANY NAMES DIRECTOR OF INSTITUTIONAL MARKETING COMMUNICATIONS - (4/30/01)

• STATE STREET RESEARCH ADDS PLAN SPONSOR INTERNET ACCESS SERVICE - (4/24/01)

• INVESCO FUNDS INTRODUCES SPEECH RECOGNITION SERVICE - (4/20/01)

• STATE STREET RESEARCH ASSUMES ADMINISTRATIVE RESPONSIBILITY FOR SUPPLEMENTAL INCOME 401(k) PLAN - (4/19/01)

• STATE STREET RESEARCH SPONSORS HOFFA SCHOLARSHIP DINNER - (4/19/01)

• STATE STREET RESEARCH AWARDED NEW INSTITUTIONAL BUSINESS FROM CSX CORPORATION - (4/16/01)

• STATE STREET RESEARCH INSTITUTIONAL GROUP NAMES SENIOR VICE PRESIDENT - (3/20/01)

• STATE STREET RESEARCH PRIVATE CLIENT GROUP NAMES ACCOUNT EXECUTIVE - (3/2/01)

• INVESCO FUNDS GROUP REMAINS ONE OF THE FASTEST GROWING MUTUAL FUND COMPANIES - (2/22/01)

• INVESCO FUNDS PROMOTES MANAGER OF INVESCO HEALTH SCIENCES FUNDS - (1/26/01)

• INVESCO FUNDS GROUP EXPANDS EXTERNAL WHOLESALE TEAM - (12/20/00)

• STATE STREET RESEARCH AWARDED NEW INSTITUTIONAL BUSINESS FROM CONNING - (12/13/00)

• STATE STREET RESEARCH NAMES MIKE REFOJO HEAD OF INSTITUTIONAL SALES - (12/7/00)

• STATE STREET RESEARCH ANNNOUNCES PROMOTIONS TO SENIOR VICE PRESIDENT (11/3/00)