Fiscal Year 2006 Board Members

Public Representatives

Milroy A. Alexander
Colorado Housing and Finance Authority

Thomas J. Fetter
Eaton Vance Management

John E. Hull
Andrew W. Mellon Foundation

Steven Kaplan
Arnold & Porter LLP

Ian A. Mackinnon
The Vanguard Group of Investment Companies

Securities Firm Representatives

Amelia A.J. Bond (Chair)
A.G. Edwards & Sons, Inc.

Michael F. Imoff [1]
Stifel Nicolaus & Co., Inc.

Robert B. Jackman [2]
Bear, Sterns & Co.

John J. Lawlor
Merrill Lynch

Donald S. O’Brien
Morgan Stanley and Co.

Kenneth E. Williams (Vice Chair)
Stone & Youngberg

Bank Representatives

Frank Chin
Citigroup

James A. Posthauer
Morgan Keegan & Co., Inc.

James M. Rogers
J.J.B. Hilliard, W.L. Lyons, Inc.

Michael Smale
LaSalle Financial Services, Inc.

Michael J. Wilk
Comerica Securities