Oak Value Capital Management, Inc. business assets acquired by RS Investments

On September 7, 2010, Oak Value Capital Management completed the sale of its business assets to RS Investments. On this date, Oak Value principals and portfolio managers Larry Coats, David Carr, and Christy Phillips became partners of RS Investments.

We thank you for your loyalty and look forward to continuing to serve you, now with the support of a larger organization and greater resources. For more information about RS Investments, please visit www.RSinvestments.com and, as always, you may continue to reach us at our Chapel Hill office (919-419-5146).