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 Common Stock Fund Class A Strong Advisor Common Stock Fund Class A
------------------------------------------------------------------------ -----------------------------------------------------
------------------------------------------------------------------------ -----------------------------------------------------
Xxxxx Fargo Advantage Common Stock Fund Class B Strong Advisor Common Stock Fund Class B
------------------------------------------------------------------------ -----------------------------------------------------
------------------------------------------------------------------------ -----------------------------------------------------
Xxxxx Fargo Advantage Common Stock Fund Class C Strong Advisor Common Stock Fund Class C
------------------------------------------------------------------------ -----------------------------------------------------
------------------------------------------------------------------------ -----------------------------------------------------
Xxxxx Fargo Advantage Common Stock Fund Class Z Strong Advisor Common Stock Fund Class Z
------------------------------------------------------------------------ -----------------------------------------------------
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 Large Cap Fund Class A Strong Advisor Endeavor Large Cap Fund Class A
------------------------------------------------------------------------ -----------------------------------------------------
------------------------------------------------------------------------ -----------------------------------------------------
Xxxxx Fargo Advantage Endeavor Large Cap Fund Class B Strong Advisor Endeavor Large Cap Fund Class B
------------------------------------------------------------------------ -----------------------------------------------------
------------------------------------------------------------------------ -----------------------------------------------------
Xxxxx Fargo Advantage Endeavor Large Cap Fund Class C Strong Advisor Endeavor Large Cap Fund Class C
------------------------------------------------------------------------ -----------------------------------------------------
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
-------------------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------------------
Strong Target Funds Target Funds Acquiring Fund*
-------------------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------------------
Fund Strong Advisor Strong Blue Xxxx Xxxxx Fargo Xxxxx Fargo Xxxxx Fargo
Focus Fund Fund Growth Fund Advantage Large Advantage Large
Company Fund Company Fund
-------------------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------------------
Shares:
-------------------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------------------
Class A 113,416 - 9,614,528 9,136,049 11,741,584
-------------------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------------------
Class B 146,305 - 600,938 4,721,058 4,829,591
-------------------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------------------
Class C 21,133 - - 592,034 592,034
-------------------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------------------
Administrator Class - - - 42,786,098 43,483,664
-------------------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------------------
Institutional Class - - 2,099,735 1,055,462 1,055,462
-------------------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------------------
Investor Class - 11,122,341 - - -
-------------------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------------------
Class Z - - - - 2,963,752
-------------------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------------------
Net Asset:
-------------------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------------------
Class A $724,634 - $115,605,061 $411,571,874 $528,949,205
-------------------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------------------
Class B $915,446 - $4,890,229 $191,839,332 $196,729,561
-------------------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------------------
Class C $132,190 - - $24,102,082 $24,102,082
-------------------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------------------
Administrator Class - - - $1,831,150,498 $1,861,005,652
-------------------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------------------
Institutional Class - - $29,855,154 $45,157,984 $45,157,984
-------------------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------------------
Investor Class - $126,842,039 - - -
-------------------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------------------
Class Z - - - - $126,842,039
-------------------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------------------
Unrealized appreciation ($6,664) ($6,153,196) $21,387,228 $76,720,601 $91,947,969
(deprecation)
-------------------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------------------
Accumulated net realized ($3,571,103) ($140,063,161) ($51,572,336) ($411,601,756) ($606,808,356)
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
----------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------
Strong Target Funds Acquiring
Fund*
----------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------
Fund Strong Advisor Strong Technology Xxxxx Fargo Xxxxx Fargo Advantage
Technology Fund 100 Fund Specialized Specialized
Technology Fund Technology Fund
----------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------
Shares:
----------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------
Class A 101,209 - 23,156,233 23,408,102
----------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------
Class B 61,176 - 6,403,092 6,403,092
----------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------
Class C 17,070 - 1,333,084 1,333,084
----------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------
Investor Class - 21,063,747 - -
----------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------
Class Z - - - 19,982,571
----------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------
Net Asset:
----------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------
Class A $652,719 - $105,711,365 $106,861,184
----------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------
Class B $388,934 - $28,235,865 $28,235,865
----------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------
Class C $108,166 - $5,870,967 $5,870,967
----------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------
Investor Class - $91,223,166 - -
----------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------
Class Z - - - $91,223,166
----------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------
Unrealized appreciation $15,142 $6,722,237 $12,828,868 $19,566,247
(deprecation)
----------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------
Accumulated net realized ($615,380) ($244,134,021) ($211,529,703) ($456,279,104)
losses
----------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------
* Designates the accounting survivor.
----------------------------------------------------------------------------------------------------------------
