Fund Distribution and Tax Information 2/4/2010 Fund Distribution Information | Tax Form Mailing Schedule | Tax Information Q&A | Accessing Your Account Info | Mutual Fund Tax Center The table below provides per-share 2009 distribution information for all Oakmark funds. In early February, you will receive tax forms in the mail which provide information as it relates to your own account. Per-Share Distribution Amounts Record date: Wednesday, December 16, 2009 Ex-dividend and reinvestment date: Thursday, December 17, 2009 Fund Income Dividend Short-Term Capital Gain Long-Term Capital Gain Total Foreign Tax Credit Oakmark 0.2324 0.0000 0.0000 0.2324 0.0000 Oakmark Select 0.0722 0.0000 0.0000 0.0722 0.0000 Oakmark Equity and Income 0.2934 0.0000 0.0000 0.2934 0.0000 Oakmark Global 0.1382 0.0000 0.0000 0.1382 0.0217 Oakmark Global Select 0.0386 0.0000 0.0000 0.0386 0.0087 Oakmark International 0.1172 0.0000 0.0000 0.1172 0.0284 Oakmark International Small Cap 0.1643 0.0000 0.0000 0.1643 0.0190 Historical Distributions for the Funds. Accessing Your Own Account Information In our continuing effort to reduce your Funds' expenses, and the amount of mail you receive from us, your annual distribution information will be confirmed in your year-end investor statements that mailed during the first week of January 2010. However, you can also access the details of distribution transactions by using any of the following investor service channels: Web: Access your account via "Account Login", go to "Transactions" then "View or Download History" Automated Voice Response System (7 Days a Week / 24 Hours a Day): Speech Dial 1-800-625-6275, press option 1, say: "Last Dividend (Name of Fund Owned)", then SSN & PIN Speech Voice Recognition* Dial 1-800-625-6275, press option 1, say: "Last Dividend (Name of Fund Owned)", then SSN (*) = Speech Voice Recognition option supports shareholders who have opted to utilize the voice recognition feature of Oakmark’s OAKLINK voice response system. This feature allows the shareholder to leave a “Voice Print” as their personal identification number (PIN). Touch Tone Dial 1-800-625-6275, press option 1, then **, 1, 2, 4, SSN, PIN, & Fund # Investor Service Representative 1-800-625-6275, press option 2. (Monday through Friday, between the hours of 8:00AM - 6:00PM EST). Tax Form Mailing Schedule | Tax Information Q&A Form Purpose of Form Mail Date 1099-B IRS Tax Form 1099-B reports all sales and/or exchanges of mutual fund shares. It is essential in calculating capital gains or losses. If you realize capital gains or losses from the sale or exchange of mutual fund shares, you must report them on your tax return. January '10 1099-DIV IRS Tax Form 1099-DIV reports taxable dividends and short-term and long-term capital gains distributed by each mutual fund you own. Short-term capital gains distributions are reported as ordinary dividends on this Form. Form 1099-DIV may also include federal income tax withheld and foreign taxes paid. Mutual funds that invest in foreign securities may elect to pass foreign taxes paid by the fund along to their shareholders. January '10 1099-Q IRS Form 1099-Q reports distributions and earnings on distributions, including asset transfers and fair market values, for Education Savings Accounts (ESAs). January '10 1099-R IRS Tax Form 1099-R reports all distributions from retirement accounts such as IRAs, 401(k) plans, and annuities. It lists total distributions, taxable amounts, and any federal taxes withheld. January '10 Required Minimum Distribution Shareholders who turned 70˝ or who were older than 70˝ in 2009 will be notified they must take a 2010 RMD by December 31, 2010. January '10 Form 5498 IRS Form 5498 reports contribution information and fair market values for traditional IRAs, Roth IRAs, Education IRAs, Simplified Employee Pension (SEP) IRAs, and Savings Incentive Match Plan for Employees (SIMPLE) IRAs. Does NOT need to be filed with your taxes. May '10 As always, please consult your accountant or tax advisor for detailed information applicable to your unique situation.