On September 13, 2004, the Board of Trustees of the Xxxxx Fargo Funds
Trust and the Board of Directors of the Strong Funds ("Strong Funds")
approved an Agreement and Plan of Reorganization providing for the
reorganization of certain Strong Funds into the Funds.
Effective at the close of business on April 8, 2005, the following
Acquiring Funds ("Acquiring Funds") acquired all of the net assets of the
following Target Funds ("Target Funds") through a tax-free exchange under
section 368 of the Internal Revenue Code.
------------------------------------------------------------------------ -----------------------------------------------------
Acquiring Fund Target Fund
------------------------------------------------------------------------ -----------------------------------------------------
------------------------------------------------------------------------ -----------------------------------------------------
Xxxxx Fargo Advantage Endeavor Select Fund Class A Strong Advisor Select Fund Class A
------------------------------------------------------------------------ -----------------------------------------------------
------------------------------------------------------------------------ -----------------------------------------------------
Xxxxx Fargo Advantage Endeavor Select Fund Class B Strong Advisor Select Fund Class B
------------------------------------------------------------------------ -----------------------------------------------------
------------------------------------------------------------------------ -----------------------------------------------------
Xxxxx Fargo Advantage Endeavor Select Fund Class C Strong Advisor Select Fund Class C
------------------------------------------------------------------------ -----------------------------------------------------
------------------------------------------------------------------------ -----------------------------------------------------
Xxxxx Fargo Advantage Endeavor Select Fund Administrator Class New
------------------------------------------------------------------------ -----------------------------------------------------
------------------------------------------------------------------------ -----------------------------------------------------
Xxxxx Fargo Advantage Endeavor Select Fund Institutional Class New
------------------------------------------------------------------------ -----------------------------------------------------
On September 13, 2004, the Board of Trustees of the Xxxxx Fargo Funds
Trust and the Board of Trustees of the Strong Funds ("Strong Funds")
approved an Agreement and Plan of Reorganization providing for the
reorganization of certain Strong Funds into certain Funds of the Trust.
Effective at the close of business on April 8, 2005, the following
Acquiring Funds ("Acquiring Funds") acquired all of the net assets of the
following Target Funds ("Target Funds") through a tax-free exchange under
section 368 of the Internal Revenue Code. The following is a summary of
shares outstanding and net assets immediately before and after the
reorganization:
-------------------------------------------------------------------------------------------------------------------------------
Before After Reorganization
Reorganization
-------------------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------------------
Xxxxx Target
-------------------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------------------
Strong Target Funds Fund Acquiring Fund*
-------------------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------------------
Fund Strong Advisor U.S. Strong U.S. Xxxxx Fargo Xxxxx Fargo Xxxxx Fargo
Small/Mid Growth Emerging Growth Small Cap Growth Xxxxxxxxxx Small Advantage Small Cap
Fund Fund Fund Cap Growth Fund Growth Fund
-------------------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------------------
Shares:
-------------------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------------------
Class A 215,106 - 3,710,344 3,745,033 9,149,010
-------------------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------------------
Class B 126,310 - 1,341,658 73,633 1,981,250
-------------------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------------------
Class C 82,376 - 365,224 17,611 574,959
-------------------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------------------
Administrator Class - - - 4,840,133 7,982,229
-------------------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------------------
Institutional Class - - 2,176,739 - -
-------------------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------------------
Investor Class - 3,440,348 - - -
-------------------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------------------
Class Z - - - - 4,487,995
-------------------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------------------
Net Asset:
-------------------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------------------
Class A $1,912,279 - $57,867,223 $41,428,048 $101,207,550
-------------------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------------------
Class B $1,122,425 - $19,683,174 $803,089 $21,608,688
-------------------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------------------
Class C $732,892 - $5,352,383 $192,286 $6,277,561
-------------------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------------------
Administrator Class - - - $53,724,760 $88,601,554
-------------------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------------------
Institutional Class - - $34,876,794 - -
-------------------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------------------
Investor Class - $49,646,787 - - -
-------------------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------------------
Class Z - - - - $49,646,787
-------------------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------------------
Unrealized appreciation ($173,437) ($1,522,063) $5,798,208 $3,385,469 $7,488,177
(deprecation)
-------------------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------------------
Accumulated net realized ($10,531) ($27,615,973) ($288,219,549) $3,048,145 ($312,797,908)
losses
-------------------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------------------
* Designates the accounting survivor.
-------------------------------------------------------------------------------------------------------------------------------
On September 13, 2004, the Board of Trustees of the Xxxxx Fargo Funds
Trust and the Board of Trustees of the Strong Funds ("Strong Funds")
approved an Agreement and Plan of Reorganization providing for the
reorganization of certain Strong Funds into certain Funds of the Trust.
Effective at the close of business on April 8, 2005, the following
Acquiring Funds ("Acquiring Funds") acquired all of the net assets of the
following Target Funds ("Target Funds") through a tax-free exchange under
section 368 of the Internal Revenue Code. The following is a summary of
shares outstanding and net assets immediately before and after the
reorganization:
-------------------------------------------------------------------------------------------------------------
Before After Reorganization
Reorganization
-------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------
Target Funds Acquiring
Fund*
-------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------
Fund Strong Endeavor Fund Strong Large Xxxxx Fargo Advantage
Company Growth Capital Growth Fund
Fund
-------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------
Shares:
-------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------
Class K - 727,721 -
-------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------
Investor Class 1,733,529 8,690,855 9,863,351
-------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------
Administrator Class - - 727,721
-------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------
Net Asset:
-------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------
Class K - $11,069,451 -
-------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------
Investor Class $17,672,408 $130,992,523 $148,664,931
-------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------
Administrator Class - - $11,069,451
-------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------
Unrealized appreciation $1,928,351 $9,526,106 $11,454,457
(deprecation)
-------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------
Accumulated net realized ($1,374,427) ($1,215,735) ($2,590,162)
losses
-------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------
* Designates the accounting survivor.
-------------------------------------------------------------------------------------------------------------
On September 13, 2004, the Board of Trustees of the Xxxxx Fargo Funds
Trust and the Board of Directors of the Strong Funds ("Strong Funds")
approved an Agreement and Plan of Reorganization providing for the
reorganization of certain Strong Funds into the Funds.
Effective at the close of business on April 8, 2005, the following
Acquiring Funds ("Acquiring Funds") acquired all of the net assets of the
following Target Funds ("Target Funds") through a tax-free exchange under
section 368 of the Internal Revenue Code.
----------------------------------------------------------------------- ------------------------------------------------
Acquiring Fund Target Fund
----------------------------------------------------------------------- ------------------------------------------------
----------------------------------------------------------------------- ------------------------------------------------
Xxxxx Fargo Advantage Opportunity Fund Advisor Class Strong Opportunity Fund Advisor Class
----------------------------------------------------------------------- ------------------------------------------------
----------------------------------------------------------------------- ------------------------------------------------
Xxxxx Fargo Advantage Opportunity Fund Administrator Class Strong Opportunity Fund Class K
----------------------------------------------------------------------- ------------------------------------------------
----------------------------------------------------------------------- ------------------------------------------------
Xxxxx Fargo Advantage Opportunity Fund Investor Class Strong Opportunity Fund Investor Class
----------------------------------------------------------------------- ------------------------------------------------
