Thomas McHugh

THOMAS MCHUGH is a Portfolio Manager with McHugh Associates, Inc. He has
been in the investment industry for more than 40 years. For 22 years,
Mr. McHugh directed the investment activities of the Pitcairn Company
and its entities before starting McHugh Associates in 1986. He has
served on the boards of a number of companies including PPG Industries,
Pitcairn Incorporated and St. Joseph’s University as a Trustee and
Chairman of the Finance Committee. He is currently a Director for The
Rouse Company, Columbia, Maryland and Philadelphia Consolidated Holding
Corporation.