Independent TrusteeMr. Frank J. Fahrenkopf, Jr. is Independent Trustee of the Company. He is the President and Chief Executive Officer of the American Gaming Association, the trade group for the hotelcasino industry. He is a member of the Funds Audit Committee. Additionally, he serves on certain board committees with respect to other funds in the Fund Complex on whose boards he sits. He presently is CoChairman of the Commission on Presidential Debates, which is responsible for the widelyviewed Presidential debates during the quadrennial election cycle. Additionally, he serves as a board member of the International Republican Institute, which he founded in 1984. He served for many years as Chairman of the Pacific Democrat Union and Vice Chairman of the International Democrat Union, a worldwide association of political parties from the United States, Great Britain, France, Germany, Canada, Japan, Australia, and twenty other nations. Prior to becoming the AGAs first chief executive in 1995, Mr. Fahrenkopf was a partner in the law firm of Hogan Hartson, where he chaired the International Trade Practice Group and specialized in regulatory, legislative, and corporate matters for multina tional, foreign, and domestic clients. Mr. Fahrenkopf is the former Chairman of the Finance Committee of the Culinary Institute of America and remains a member of the board. Additionally, he has over twenty years of experience as a member of the board of directors of a bank and still serves as a member of the Advisory Board of the bank
Age: 76 Executive Since 2005Fahrenkopf received his Bachelor of Arts from the University of Nevada, Reno and his Juris Doctor from Boalt Hall School of Law, U.C. Berkeley.