THE OAKMARK FUNDS

Trustees and Officers

Trustees

  Gary N. Wilner, M.D.—Chairman
  Michael J. Friduss
  Thomas H. Hayden
  Christine M. Maki
  John R. Raitt
  Allan J. Reich
  Steven S. Rogers
  Marv R. Rotter
  Burton W. Ruder
  Peter S. Voss
   

Officers

  John R. Raitt—President
  Robert M. Levy—Executive Vice President
  Henry R. Berghoef—Vice President
  Chad M. Clark—Vice President
  Richard J. Gorman—Vice President and Assistant Secretary
  Kevin G. Grant—Vice President
  David G. Herro—Vice President
  John J. Kane—Treasurer
  Clyde S. McGregor—Vice President
  William C. Nygren—Vice President
  Vineeta D. Raketich—Vice President
  Janet L. Reali—Vice President and Secretary
  Kristi L. Rowsell—Vice President
  Edward A. Studzinski—Vice President
  Robert A. Taylor—Vice President
  Christopher P. Wright—Vice President
   

Other Information

Investment Adviser

  Harris Associates L.P.
Two North LaSalle Street
Chicago, Illinois 60602-3790
   

Transfer Agent

  Boston Financial Data Services, Inc.
Quincy, Massachusetts
   

Legal Counsel

  Bell, Boyd & Lloyd LLC
Chicago, Illinois
   

Independent Registered Public Accounting Firm

  Deloitte & Touche LLP
Chicago, Illinois
   

For More Information

  Please call 1-800-OAKMARK
(1-800-625-6275)
or 617-483-3250
   

Website

  oakmark.com
   
To obtain a prospectus, an application or periodic reports, access our web site at oakmark.com, or call 1-800-OAKMARK (1-800-625-6275) or (617) 483-3250.
 
The Funds will file its complete schedule of portfolio holdings with the Securities and Exchange Commission (the "SEC") for the first and third quarters of each fiscal year on Form N-Q. The Funds' Forms N-Q are available on the SEC's website at http://www.sec.gov/. The Funds' Forms N-Q may be reviewed and copied at the SEC's Public Reference Room in Washington, DC, and information on the operation of the Public Reference Room may be obtained by calling 1-800-SEC-0330.
 
A description of the policies and procedures the Funds use to determine how to vote proxies relating to portfolio securities is available without charge, upon request, by calling toll-free 1-800-625-6275; on the Funds' website at oakmark.com; and on the SEC's website at http://www.sec.gov/.
 
No later than August 31 of each year, information regarding how the Adviser, on behalf of the Funds, voted proxies relating to the Funds' portfolio securities for the twelve months ended the preceding June 30 will be available through a link on the Funds' website at oakmark.com and on the SEC's website at http://www.sec.gov/.
 
This report is submitted for the general information of the Funds' shareholders. The report is not authorized for distribution to prospective investors in the Funds unless it is accompanied or preceded by the Funds' currently effective prospectus.
 
No sales charge to the shareholder or to the new investor is made in offering the shares of the Funds, however, a shareholder may incur a 2% redemption fee on an exchange or redemption of Class I shares held for 90 days or less from any Fund.