Company Press Release

NEW YORK, April 9, 2012 /PRNewswire/ -- Fred Alger Management, Inc. (Alger), a leading asset-management firm widely recognized as the pioneer in growth-style investing, announced today that it has launched a new interactive timeline "Three Leaders, One Vision" on www.alger.com.  The new timeline details how Alger leadership, through a singular investment philosophy and process has consistently pursued superior investment results for more than 45 years.  Through historical imagery, videos, and articles, "Three Leaders, One Vision" chronicles the Alger story from its beginnings in 1964 to the present day, highlighting the eras of Alger's three Chief Executive Officers - Fred Alger, David Alger, and current CEO Dan Chung.

"The timeline takes you on a journey through Alger's history, illustrating our consistent philosophy and process for over four decades," said Dan Chung.  "Relentlessly seeking out companies experiencing Positive Dynamic Change."

In addition, an interactive Bios section has been added featuring biographies and career highlights for Alger's entire investment team.

About Alger:  

Fred Alger Management, Inc. was founded in 1964 and currently manages more than $16 billion. Alger's investment philosophy is focused on discovering companies undergoing Positive Dynamic Change, which we believe offer the best investment opportunities. Alger investment strategies are available to institutional investors through separate accounts and mutual funds and to retail investors through Alger mutual funds. Fred Alger & Company, Incorporated, a broker-dealer and the parent company of Fred Alger Management, Inc. offers mutual funds as well as institutional funds for defined benefit and defined contribution plans. For more information, please visit www.alger.com.