THE OAKMARK FAMILY OF FUNDS

Trustees and Officers


Trustees
Michael J. Friduss
Thomas H. Hayden
Christine M. Maki
Victor A. Morgenstern
Allan J. Reich
Marv Rotter
Burton W. Ruder
Peter S. Voss
Gary Wilner, M.D.

Officers
Victor A. Morgenstern—President
Robert J. Sanborn—Executive Vice President
David G. Herro—Vice President
Clyde S. McGregor—Vice President
William C. Nygren—Vice President
Steven J. Reid—Vice President
Adam Schor—Assistant Vice President
Michael J. Welsh—Assistant Vice President
Donald Terao—Treasurer
Anita M. Nagler—Secretary
Ann W. Regan—Vice President— Shareholder Operations and Assistant Secretary
Kristi L. Rowsell—Assistant Treasurer

Other Information
Transfer Agent
State Street Bank and Trust Company
Attention: The Oakmark Family of Funds
P.O. Box 8510
Boston, Massachusetts 02266-8510

Investment Adviser
Harris Associates L.P.
Two North LaSalle Street, Suite 500
Chicago, Illinois 60602

Legal Counsel
Bell, Boyd & Lloyd
Chicago, Illinois

Independent Public Accountants
Arthur Andersen LLP
Chicago, Illinois

FOR MORE INFORMATION
Please call 1-800-OAKMARK (1-800-625-6275)

24-hour NAV hotline
1-800-GROWOAK (1-800-476-9625)

Web site
www.oakmark.com

This report, including the unaudited financial statements contained herein, is submitted for the general information of the shareholders of the Funds. The report is not authorized for distribution to prospective investors in the Funds unless it is accompanied or preceded by a currently effective prospectus of the Funds. No sales charge to the shareholder or to the new investor is made in offering the shares of the Funds.