Product Name Benchmark Large Cap Value Equity Management S&P 500 Index, Russell 1000® Value Index Diversified Large Cap Value Equity Russell 1000® Value Index Mid Cap Value Equity Management Russell Midcap® Value Small Cap Value Equity Management Russell 2000® Value Index Balanced Management 55% Russell 1000® Value/45% Lehman Bros. Aggregate Bond

Our value equity decision-making process is differentiated by two distinguishing factors: our process and the professionals who apply it. Our process, which has been developed and fine-tuned over a quarter of a century, ensures adherence to our strict definition of value through disciplined quantitative analysis. This aspect of the process results in consistency and uniformity of strategy.

The process also recognizes the importance of qualitative judgments about the business in which we are investing and future prospects for profitability, earnings and dividend growth. The vast experience of the Barrow Hanley investment team, both in absolute terms and in years working together, is where the value is added in the qualitative part of the decision-making process. The Barrow Hanley team not only has the experience necessary to identify the reasons for a temporary undervaluation of a company's shares in the market, but also has the conviction and patience to invest in shares of stock of the business on a contrarian basis.

Barrow, Hanley, Mewhinney & Strauss also offers Fixed Income Management.