Oak Associates - Tax Info

Dividend and Capital Gains Distributions

Live Oak Health Sciences Fund had a capital gains distribution of $0.3959 per share 2009. The distribution amounts are $0.3849 (long-term) and $0.0110 (short-term) per share.

The Record Date, Ex-Date and Pay Date are as follows:
Record Date: 12/09/2009
Ex-Date: 12/10/2009
Payable Date: 12/11/2009

Pin Oak Aggressive Stock Fund had a dividend distribution of $0.02 per share.

Record Date, Ex-Date and Pay Date are as follows:

Record Date: 12/29/2009
Ex Date: 12/30/2009
Pay Date: 12/31/2009

An Explanation of Record Date, Ex-Date and Pay Date
Any shareholder who is currently invested in the Fund on the record date will be a recipient of the distribution. On the ex-date, the NAV decreases by the amount of the distribution. By electing to reinvest distributions, shareholders will receive additional shares of the Fund, which offsets the decrease in the NAV. The pay date is the date on which shareholders who elect not to reinvest distributions are sent payment.

If you have any questions, please call 1-888-462-5386 to speak with a Shareholder Services Representative.

Oak Associates Funds are available to U.S. investors only and may not be available in all states. To determine if this Fund is an appropriate investment for you, carefully consider the Fund's investment objectives, risk factors and charges and expenses before investing. This and other information can be found in the Fund's prospectus which may be obtained by clicking here or by calling 1-888-462-5386.

Mutual fund investing involves risk, including the possible loss of principal. Oak Associates Funds are distributed by SEI Investments Distribution Co., which is not affiliated with the advisor.