Francine S. Hayes

The China Fund, Inc. is a non-diversified, closed-end management investment company. Its objective is to achieve long-term capital appreciation through investment in companies and other entities with significant assets, investments, production activities, trading or other business interests in China, or which derive a significant part of their revenue from China. The company was founded on April 28, 1992 and is headquartered in Boston, MA.

The Taiwan Fund, Inc. is a diversified closed-end investment company, which engages in the equity securities investments listed on the Taiwan Stock Exchange. The company was founded on December 23, 1986 and is headquartered in Boston, MA.

Source Capital, Inc. operates as a diversified mutual fund and closed-end investment trust. Its investment objective is to seek maximum total return for shareholders from both capital appreciation and investment income to the extent consistent with protection of invested capital. The company was founded on June 1, 1968 and is headquartered in Milwaukee, WI.