In this broadcast, Mellody Hobson candidly discusses the financial markets and certain individual companies. These opinions are current as of the date of the broadcast, but are subject to change. The information provided 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.

Ms. Hobson discusses specific companies, which may be held in certain portfolios Ariel manages. Portfolio holdings are subject to change. The performance of any single portfolio holding is no indication of the performance of the entire portfolio in which it is held. See current holdings information for Ariel Fund, Ariel Appreciation Fund, Ariel Focus Fund, and Ariel Discovery Fund.