Principal Mutual Fund

Principal Financial Services Inc., USA (Holding Company of Principal Financial Group (Maritius) Limited / a member of the Principal Financial Group Inc., USA)

The Principal Financial Group

Delivers top-quality retirement, mutual funds, life insurance and asset-management services with $304.2 billion in assets under
management¹.

Manages assets for 11 of the top 25 largest pension funds in the United States².

Is the 38^th largest institutional asset manager in the world³

Is a publicly traded company on the New York Stock Exchange (NYSE ticker symbol: PFG)

Provides financial services to more than 18.8 million customers worldwide from offices in Asia, Australia, Europe, Latin America and
the United States¹.

Principal Financial Group's, comprehensive knowledge of retirement services and asset management gives it a true edge in the marketplace. This knowledge and experience has helped The Principal* become a global leader in delivering high-quality financial services to clients around the world through its diverse family of companies.

As the 401(k) leader in the U.S.A⁴, and a member of the FORTUNE 500 and the S&P 500, The Principal has become a trusted source for clients since 1879. Diversity of strengths and skills has increased its ability to deliver innovative solutions to millions of individuals and businesses around the world.

Having built a strong reputation in United States, the Principal has steadily entered markets around the globe. We pride ourselves on our long record of providing value through our expertise in investments, administration, system design, distribution management, education and client service.

For more information, visit www.principal.com.

FINANCIAL STRENGTH RATINGS ⁵

A+ (Superior) - A.M. Best Company, as of January 2008. Second highest of 16 rating levels.

Aa2 (Excellent) - Moody's Investors Service, as of March 2008. Third highest of 21 rating levels.

AA (Very strong) - Standard & Poor's Rating Group, as of March 2008. Third highest of 21 rating levels.

AA (Very strong) Fitch, as of July 2007. Third highest of 24 rating levels.

1. As of March 31, 2008
2. Derived from the PENSIONS & INVESTMENTS "P&I 1,000" report on the largest pension plans dated Jan. 21, 2008, compared to its internal records as of March    31, 2008. Principal Global Investors, LLC.
3. Out of 784 managers profiled, Managers ranked by total worldwide institutional assets under management, as of Dec. 31, 2006. "2007 Money Managers             Directory". PENSIONS & INVESTMENTS, May 28, 2007.
4. The Principal ranks number one in total plan for all asset sizes among fully bundled 401(k) provider-2006 Spectrum Group analysis of fully-bundled 401(k)          provider (companies that provide by administrative and investment services).
5. Financial strength ratings are assigned to the largest operating subsidiary Principal Life Insurance Company. A high rating by a particular firm does not                constitute and endorsement of the rated issue by the ratings firm.

Punjab National Bank:

With its presence virtually in all the important centres of the country, Punjab National Bank offers a wide variety of banking services which include corporate and personal banking, industrial finance, agricultural finance, financing of trade and international banking. Among the clients of the Bank are Indian conglomerates, medium and small industrial units, exporters, non-resident Indians and multinational companies. The large presence and vast resource base have helped the Bank to build strong links with trade and industry. For more information visit www.pnbindia.com.

Vijaya Bank:

Vijaya Bank established in 1931, has built a network of about 1000 branches spread across the country. In recent years, the bank has opened 43 branches offering specialized banking for industrial finance, small scale industries, agricultural (hi-tech) finance, capital market, commercial and personal banking, asset recovery management, overseas banking, corporate banking, and funds transfer. The Bank has introduced several customer friendly deposit schemes and has launched several retail lending schemes to cater to its vast client base. For more information, visit www.vijayabank.com