You consent to electronic delivery of the Prospectus through this Internet site and have either reviewed or been advised to review the Prospectus prior to investing for a discussion of management fees, expenses and risks.

Before consenting to electronic delivery of the Prospectus, please understand that a paper copy can be obtained at no cost to you by calling 1-800-445-9469, option #1 or by requesting a New Account Kit through this website. Also, understand that this consent to electronic delivery relates only to the Prospectus Longleaf is required to furnish in relation to your purchase of shares, not any other documents Longleaf is required to provide you as a shareholder. To access the Prospectus electronically, please click on the word "Prospectus" wherever it appears in a highlighted color on this website.

In order to have continued access to the Prospectus via the Internet, you will need Adobe Acrobat Reader Software, Version 3 or higher, which can be downloaded for free by following links on this website that say "Get Acrobat Reader". This software needs to be installed on an IBM compatible or Apple computer with Internet access and a browser such as Netscape or Internet Explorer. To retain an electronic copy of the Propsectus, you may print it or save it on a floppy disk or hard drive with at least 400k available memory.

If you no longer consent to electronic access to the Prospectus, you may withdraw your consent and request a paper copy at no charge to you by calling 1-800-445-9469, option #1. Also, please be sure to keep us informed regarding your current address and contact information, so that we can update you on any new hardware and/or software that may be required to access the Prospectus electronically. Please provide your updated information by emailing us at help@longleafpartners.com.