DONALD L. ROSS is President and Chief Investment Officer of National
City Investment Management Company, advisor to the Armada Funds. He is
responsible for the overall strategic direction, business positioning,
and investment performance of the firm. Mr. Ross has 15 years of
investment experience including responsibilities in the National City
Corporation Bank Investment Division, where he did extensive work in
financial derivatives. He has been with the firm since its inception in
1995 and has been with the parent corporation for 15 years. A Chartered
Financial Analyst, Mr. Ross earned BS and BA degrees from the University
of Colorado and an MA degree from the University of Chicago.
DONALD ROSS - NATIONAL CITY INVESTMENT MANAGEMENT COMPANY
March 22, 2004