Wells Fargo & Company’s assets under management and administration were $627 billion as of September 30, 2004. With the completion of the acquisition, the company’s total assets under management and administration are approximately $656 billion, including $100 billion in mutual fund assets under management. Wells Fargo & Company conducts its mutual fund business through its wholly owned subsidiary Wells Fargo Funds Management, which now ranks among the 20 largest mutual fund companies in the U.S. Wells Capital Management provides equity, fixed income and balanced portfolio management for Wells Fargo Funds and institutional investors. Wells Fargo’s Institutional Trust Services administers a complete array of services that include benefit consulting, retirement solutions such as 401(k), defined benefit, non-qualified, profit sharing and money purchase pension plans, and trust and custody services for domestic and global needs. Wells Fargo expects to incur approximately $65 million of integration expenses related to the Strong acquisition, with approximately $20 million (approximately $.01 per share) in the fourth quarter 2004. In 2005 Wells Fargo expects to incur integration expenses of approximately $.02 per share, which includes the balance of expenses related to the Strong acquisition. Wells Fargo & Company is a diversified financial services company with $422 billion in assets providing banking, insurance, investments, mortgage and consumer finance for more than 23 million customers from more than 6,000 stores and the Internet (wellsfargo.com) across North America and elsewhere internationally, as of 09/30/04. Wells Fargo Bank, N.A. is the only “Aaa”- rated bank in the United States.
NOT FDIC INSURED • NO BANK GUARANTEE • MAY LOSE VALUE Private Client Services provides financial products and services through various banking and brokerage affiliates of Wells Fargo & Company including Wells Fargo Investments, LLC (member SIPC)
Wells Fargo Investments, LLC (member SIPC), is a non-bank affiliate of Wells Fargo & Company. Wells Fargo Funds Management, LLC, a wholly-owned subsidiary of Wells Fargo & Company, provides investment advisory and administrative services for the Wells Fargo Funds. Other affiliates of Wells Fargo & Company provide sub-advisory and other services for the Funds. The Funds are distributed by Stephens Inc., Member NYSE/SIPC. Wells Fargo & Company and its affiliates are not affiliated with Stephens Inc. The Strong Funds are distributed by Strong Investments, Inc. an affiliate of Strong Financial Corporation. Strong Financial Corporation and its affiliates are not affiliated with Stephens Inc. For a prospectus containing more complete information, including charges and expenses, call 1-800-222-8222. Please consider the investment objectives, risks, charges and expenses of the investment carefully before investing. This and other information about Wells Fargo Funds can be found in a current prospectus. Read the prospectus carefully before you invest or send money.
Please carefully consider a Strong Fund’s investment objectives, risks, charges, and expenses before investing. For this and other information, call 1-800-368-3863 or visit www.Strong.com for a free prospectus. Please read it carefully before you invest or send money.