Performance vs. Benchmarks
As of June 30, 2008

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* The S & P 500 index is a broad stock market index derived from the value of common stocks of 500 publicly traded companies. The NASDAQ Composite Index measures all NASDAQ domestic and international based common type stocks listed on the Nasdaq Stock Market. The Russell 2000 index measures the performance of the smallest 2,000 companies in the Russell 3000 Index of the 3,000 largest U.S. companies in terms of market capitalization. The Dow Jones Industrial Average is a measure of the relative price of 30 widely held stocks traded on the New York Stock Exchange. KLD high/low annualized performance: 1-yr. (53.24%), 7.46%; 3-yr. (.37%), 31.95%; 5-yr. (2.22%), 38.32%. The capital appreciation composite consists of fully discretionary, fee-paying accounts with a capital appreciation investment objective. The performance data includes a reinvestment of dividends and is "net of all fees," reflecting the deduction of advisory fees, brokerage commissions and any other client-paid expenses. KLD Investment Management LLC, is a fee-only, independent, registered investment advisor. KLD does not warrant or guarantee future results. Past performance is not a guarantee of future results. KLD Investment Management, LLC claims compliance with the Global Investment Performance Standards(GIPS®) and has been verified for the period January 1, 2000 through December 31, 2006 by Ashland Partners & Co. LLP. In addition, a performance examination was conducted on the Capital Appreciation Composite beginning January 1, 2000. A copy of the verification report is available upon request. Subsequent periods are currently undergoing verification by Ashland Partners & Co. LLP and as such, performance may be subject to change. The U.S. dollar is the currency used to express performance. To obtain a presentation that complies with the requirement of the GIPS standards and/or a list and description of the firm's compoisites please contact us at 541-672-3469 or 800-888-5934.
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