Value Microcap Indexes (As Of 11/29/06) Daily Performance Value Microcap Index: +0.90% Value Microcap Index Rebalanced: +2.36% Overall Performance Value Microcap Index: +17.52% Value Microcap Index Rebalanced: +29.20% Indexes Since Start Of VMC PSL 4 Value Microcap Index: +5.89% Value Microcap Index Rebalanced: +9.83%