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To: RetiredNow who wrote (52071)4/23/2001 1:47:40 PM
From: Wyätt Gwyön  Respond to of 77397
 
OT--a great value fund closes the doors...i don't own this fund now but owned it for much of this year...i will probably buy back in a bit before they close just to have a foot in the door. (received by email)

Dear Investor,

As value investors, we have seen a return to favor in our investment style, and with that has
come increased attention. Combined with attractive long-term investment performance, this
has led to rapid asset growth in The Oakmark Select Fund. Therefore, on Friday, May 4, 2001,
we are closing the Fund to new investors.

-- To learn more about the closing of The Oakmark Select Fund, please visit:
oakmark.com