Thomas A. Mengel

THOMAS A. MENGEL is a Senior Vice President of Waddell & Reed Investment
Management Company and Waddell & Reed Ivy Investment Company. He is a
graduate of the University of Berlin with a degree in Business, Finance
and Economics (an MBA equivalent). Prior to joining the firm, Mr. Mengel
was President of Sal. Oppenheim jr. & Cie. Securities in New York which
provided research and analysis of German and Swiss companies to United
States and Canadian institutional investors. Prior to Sal. Oppenheim, he
was a Vice President at Hauck & Hope Securities in New York as a German
equities broker and as manager of German Equities at Berliner Bank in
Berlin. Mr. Mengel began his career at Suedwestdeutsche Landesbank in
Stuttgart as a financial analyst of British, German, Italian, Spanish
and Swiss markets. He became a manager of the bank’s portfolio and co-
managed a $100 million global stock fund. Mr. Mengel joined Waddell &
Reed in May 1996. He was appointed a Senior Vice President in July 2000.
He is portfolio manager of international growth equity institutional
accounts, Waddell & Reed Advisors International Growth Fund, W&R Target
Funds International Portfolio and four Ivy international mutual funds.