Company Press Release

PHILADELPHIA, Apr 30, 2012 (BUSINESS WIRE) -- Michael Lowsley recently joined Delaware Investments as regional director for its third-party retail distribution team supporting northern Texas, Oklahoma, Arkansas, and northern Louisiana. Lowsley comes to Delaware Investments from Pioneer Investments where he most recently served as a regional vice president covering Texas. He previously covered several other territories in the Western United States.

"Michael has developed terrific relationships with financial advisors in all the territories in which he's sold," said Brett Wright, western division manager, Delaware Investments. "We look forward to having such a go-getter join our team."

Lowsley started with Delaware Investments on April 9, 2012.

About Delaware Investments

Delaware Investments, a member of Macquarie Group, is a global asset management firm with more than $165 billion in assets under management (as of Dec. 31, 2011). The firm, which traces its roots to an advisory firm founded in 1929, has been focused on delivering strong, actively managed investment solutions for clients across the decades since then. Today's Delaware Investments asset management teams leverage their independent thinking and variety of global perspectives as they manage a wide range of equity and fixed income assets for both institutional and individual investors, delivered through a broad array of products. The firm's seven equity teams are arrayed in a multiboutique structure, and, along with a large fixed income team, focus on disciplined, bottom-up research, with a keen eye toward long-term performance.

Delaware Investments refers to Delaware Management Holdings, Inc. and its subsidiaries, including the Delaware Investments Family of Funds' distributor, Delaware Distributors, L.P. Macquarie Group refers to Macquarie Group Limited and its subsidiaries and affiliates worldwide.

Delaware Investments is not an authorized deposit-taking institution for the purposes of the Banking Act 1959 (Commonwealth of Australia) and the firm's obligations do not represent deposits or other liabilities of Macquarie Bank Limited ABN 46 008 583 542 (MBL). MBL does not guarantee or otherwise provide assurance in respect of the obligations of Delaware Investments.

SOURCE: Delaware Investments