ANNUALIZED RETURNS (returns greater than 12 months have been annualized)
Q3  2008 YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS INCEPT*
SMALL GROWTH (GROSS) -4.26% -24.78% -28.99% -4.07% 2.49% 7.87% 9.67%
SMALL GROWTH (NET) -4.50% -25.36% -29.72% -5.01% 1.59% 7.04% 8.74%
RUSSELL 2000 GROWTH -6.99% -15.29% -17.07% 1.45% 6.64% 4.67% 5.64%
*Inception date: April 1992

CALENDAR YEAR RETURNS

TIM Gross TIM Net Benchmark
2007 4.01% 2.98% 7.05%
2006 11.89% 10.79% 13.35%
2005 3.25% 2.51% 4.15%
2004 11.71% 10.90% 14.31%
2003 35.01% 34.13% 48.54%
2002 -24.09% -24.70% -30.26%
2001 9.99% 9.46% -9.23%
2000 -13.45% -13.96% -22.44%
1999 59.85% 58.69% 43.10%
1998 6.94% 5.87% 1.25%
1997 20.84% 19.68% 12.95%
1996 21.57% 20.42% 11.26%
1995 29.24% 28.03% 31.04%
1994 (3.89%) (4.88%) (32.43%)