Today is July 24, 2008

Historical Investment Funds Performance 1,2,3

Compound Annual Rates of Return as of 6/30/2008, net of fees

Fund Prior
Quarter
One
Year
Two
Years
Three
Years
Five
Years
Ten
Years
Since
Inception
Number of Units
(millions)
Stable Value +1.1% +4.5% +4.5% +4.4% +4.0%

 N/A

+3.9% 1,929.3
Inflation Protection +1.7% +15.5% +9.4% +5.9% N/A

 N/A

+6.4% 133.6
Domestic Bond -0.8% +7.1% +7.7% +4.8% +4.2%

 +5.8%

+5.9% 169.0
Multiple Asset -1.2%  -3.7% +6.5% +7.9% +10.0%

 N/A

+8.1% 482.2
Balanced Social Values Plus -2.1%  -4.7% +3.3% +3.7% +5.6%

+2.9%

+3.8% 2.2
Domestic Stock -1.2% -11.4% +3.2% +5.4% +8.7%

+3.6%

+4.9% 357.5
International Stock -3.1% -8.1% +10.4% +16.1% +17.1%

 +8.2%

+9.4% 102.1

Total Market Value (as of 6/30/08) of all funds managed by the General Board: $16,037,418,350.31.

1 The posted rate of return is for the periods ending on the specified date.

2 Rates of return reflect past performance and are no guarantee of comparable future results. The prices of General Board investment funds will rise and fall with the value of the investments held in the funds. The units a participant owns may be worth more or less than their purchase price when redeemed. Investment results shown here are after all investment, administrative and custodial expenses.

3 The inception dates are as follows: MAF 4/30/2002, Stable Value 11/30/2002 and Inflation Protection 01/05/2004; for all others the inception date is 12/31/1997.

General Board investment funds are neither insured nor guaranteed by the government.

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