During 2007, the Excelsior family of funds was acquired by Columbia Funds. As of 3/28/2008, the Excelsior Funds will undergo a name change from “Excelsior” to “Columbia”. Ticker symbols for these funds will remain the same, but fund CUSIPs are changing, and certain share class names will be modified as well. Of particular note in the BPAH platform is Excelsior Value & Restructuring (ticker symbol UMBIX). This fund will be renamed as the Columbia Value & Restructuring Fund, using the same ticker symbol. Note that the 60 day trading restriction that existed with UMBIX (and many other Excelsior Funds, with the exception of certain international funds) will be removed once this transfer is effective.

For additional information on this fund action, please visit http://www.columbiafunds.com/Excelsior.htm

This name change will not present any blackout period or other disruption for plan participants.