John W. Rogers, Jr., Chairman and CEO of Ariel Investments, shares key strategies he employed to navigate the financial crisis of 2008 and 2009. Click here to read, “Value Investor Insight: Interview with John W. Rogers.”

This article was written by Value Investor Insight and candidly discusses individual securities. The information contained in the article is not guaranteed as to its accuracy based on an interview with John Rogers, Jr. or completeness. This material should not be considered an offer for any of the securities referenced. The opinions expressed in this article were as of the date of the reprint but is subject to change. The information provided in this reprint does not provide information reasonably sufficient upon which to base an investment decision and should not be considered a recommendation to purchase or sell any particular security. The article discusses a number of stocks held in various Ariel portfolios. These stocks do not represent all of the holdings in any portfolio. Portfolio holdings are subject to change. The performance of a single portfolio holding is no indication of the performance of the other portfolio holdings or of the portfolios themselves.

Performance data quoted is past performance and does not guarantee future results. The performance stated in this document assumes the reinvestment of dividends and capital gains. We caution shareholders that we can never predict or assure future returns on investments. The investment return and principal value of an investment with our Funds will fluctuate over time so that your shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. To access our performance data current to the most recent month-end, visit our website, arielinvestments.com. For the period ended June 30, 2010, the average annual total returns for the one-, five- and ten-year periods for Ariel Fund was +35.37%, (3.08)%% and +5.62%. As of September 30, 2009, Ariel Fund had an annual expense ratio of 1.14%. Investing in small and mid cap stocks is more risky and volatile than investing in large cap stocks.

As of June 30, 2010, Countrywide comprised 0.0% of Ariel Fund; MBIA 0.0%; Ambac 0.0%; Gannett 3.8%; CB Richard Ellis 3.2%; Jones Lang LaSalle 4.1%; Nordstrom 2.4%; Tiffany 2.3%; Lazard 3.6%; T.Rowe Price 0.0%; Janus 4.0%; Illinois Tollworks 0.0%; and Idex 2.7%; Middleby 0.0%; and Hewitt 4.4%.

Investors should consider carefully the investment objectives, risks, and charges and expenses before investing. For a current summary prospectus or full prospectus which contains this and other information about the funds offered by Ariel Investment Trust, call us at 800-292-7435 or click here. Please read the summary prospectus or full prospectus carefully before investing. Distributed by Ariel Distributors, LLC, a wholly-owned subsidiary of Ariel Investments, LLC.