Definitive merger agreement signedShareholder mailing next stepHighlights - Redemption fee reduced from 25% to 15% on applicable funds- Shareholder meetings on August 25, 2011-closing on or about August 31, 2011- Beneficial redemption options for shareholders begin immediately on closing- Cash resources to finance redemptions and follow-on investing- MERs expected to decrease overall by an average of 79 basis points on a weighted average basis