Peter R. Morris

PETER R. MORRIS has been the Vice President and Chief Investment Officer
at National Rural Electric Cooperative Association since 1978 and is
also the Vice President and Director of Investments at RE Advisers
Corporation. He joined NRECA in 1974 as an Investment Analyst and now
oversees the investment of over $7.1 billion in benefit program assets
(managed both in-house and by outside money managers), RE Advisers Corp.
and Homestead Funds, Inc. He serves as an officer for RE Advisers
Corporation, RE Investments Corporation and the Homestead Funds Board of
Directors. In addition, he is on the Advisory Boards of Saugatuck
Capital Company and RFE Investment Partners. He is a member of the
Association for Investment Management and Research, the Washington
Society of Investment Analysts and the Washington Investment Forum. He
graduated from Coe College in Cedar Rapids, Iowa, with an undergraduate
degree in Economics and he has done graduate work at the University of