Why the University of Alaska chose T. Rowe Price.

The University of Alaska created the UA College Savings Plan to help our children realize their dreams. No matter where or how far those dreams may take them.

To manage the Plan's investments, we chose T. Rowe Price Associates of Baltimore, Md. Founded in 1937, T. Rowe Price has more than $276.3 billion under management as of 12/31/08 and offers more than 90 no-load mutual funds. We felt that T. Rowe Price's investment philosophy would best serve Alaskan families for several reasons:

Low-cost, active management.

The T. Rowe Price approach is to offer hands-on professional management, at a price closer to traditional lower-cost funds. Giving you the benefit of skilled fund managers without the high costs other companies may charge.

Experienced management.

The average experience of a T. Rowe Price fund manager is 13 years. So T. Rowe Price has a patient, long-term perspective on investing - and a track record in both up and down markets.

An intelligent balance of risk and reward.

There is no way to remove all of the risks from stock and bond mutual fund investing. But T. Rowe Price managers work to maximize your returns without taking on unnecessary risk.

Independent research.

T. Rowe Price has one of the largest and most respected research departments in the investment industry, so each company is carefully examined even before the portfolio managers consider investing in it.