As of June 30, 2008 Ariel Investments had over $8.9 billion in assets under management.

This article was written by Southwest Airlines Spirit Magazine for the December 2007 issue. The information in this article is not guaranteed as to its accuracy or completeness. Information is current as of the date of this reprint and is subject to change. The content in this reprint is not reasonably sufficient upon which to base an investment decision and should not be considered a recommendation to purchase or sell any particular fund.

The performance of any single portfolio holding is no indication of the performance of other portfolio holdings of Ariel Fund, Ariel Appreciation Fund or Ariel Focus Fund or of the performance of the Funds themselves. As of June 30, 2008, Ariel Fund held the following positions referenced: Clorox Co., 0.0%, J.M. Smucker Co., 2.4% and T. Rowe Price Group, Inc., 0.0%.  As of June 30, 2008, Ariel Appreciation Fund held the following positions referenced: Clorox Co., 3.0%; J.M. Smucker Co., 0.0% and T. Rowe Price Group, Inc., 2.9%.  As of June 30, 2008, Ariel Focus Fund held the following positions referenced: Clorox Co., 0.0%; J.M. Smucker Co., 0.0% and T. Rowe Price Group, Inc., 0.0%.

Investors should consider carefully the investment objectives, risks, and charges and expenses before investing.  For a current 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 prospectus carefully before investing.  Distributed by Ariel Distributors, LLC.