We are pleased to take this opportunity to report that as a result of our continued growth and our long-standing relationship with our asset custody and clearing firm Pershing, we have been able to negotiate a reduction in our custodial and execution costs going forward. As a result, we are pleased to announce that we are lowering your expenses in the form of a reduction in your equity transaction costs, as follows:

Reduced Transaction Costs: Costs for equity transactions under 1,000 shares will be reduced by 20% effective November 1, 2010.

As we have expressed before, Goelzer is focused entirely on building long-term relationships, year after year, generation after generation. We are as committed as ever to adding value and meaning to everything we do on your behalf. We thank you for the confidence and trust you have placed in us the past year. We are excited about our future together and look forward to serving you for many more years to come.

Should you have any questions about the enclosed report or require additional information, please do not hesitate to give me or Sherri a call. You can reach Sherri directly at (317) 264-2618, sgrabhorn@goelzerinc.com or, if outside the Indianapolis calling area, (800) 428-1618.

Sincerely,

GOELZER INVESTMENT MANAGEMENT, INC.

Brett D. McKamey, CFA