Causeway Capital Management Introduces Global Value Fund.

LOS ANGELES -- Causeway Capital Management LLC ("Causeway") today announced the launch of the Causeway Global Value Fund (Institutional Class: CGVIX), a global equity fund investing predominantly in the U.S. and international developed markets. The no-load, open-end Fund will be available to institutional investors with a minimum initial investment of $1 million.

Causeway, known primarily for its expertise investing in international markets, has been developing U.S. equity market coverage since 2005, when the firm realigned its investment team's research areas to follow global sectors, rather than stocks from multiple sectors within a region or country. All members of Causeway's investment team now cover companies both in the U.S. and abroad, and the firm has been covering U.S. stocks in its global value equity institutional strategy for clients since December, 2006.

"In-depth knowledge of U.S. companies' competitive positioning and the global scope and expertise of our research allows us to capture the most attractive investment opportunities in any region," said Sarah Ketterer, chief executive officer of Causeway, the Fund's investment adviser. "At the same time that our research has demanded a global perspective, many of our institutional clients are taking a global approach in their equity allocations. We believe the most successful equity investors in the coming decades will be those able to research investment opportunities effectively across all markets worldwide."

The Causeway Global Value Fund will be managed by the same team managing Causeway's international value equity strategy: Ms. Ketterer, Causeway's president Harry Hartford, and portfolio managers Jamie Doyle, Jonathan Eng and Kevin Durkin. Causeway's nine-person fundamental research team and four-person quantitative research team will also support the Fund.

About Causeway Capital Management

Established in 2001, Los Angeles-based Causeway Capital Management LLC provides investment management services to corporations, pension plans, public retirement plans, Taft-Hartley pension plans, endowments and foundations, mutual funds, charities, private trusts, wrap fee programs, and other institutions. Specializing in international and global value equity strategies, Causeway uses team-based, value-driven investment disciplines that combine in-depth research and analysis, active portfolio construction, and disciplined risk management. Causeway also manages quantitative emerging markets and international market neutral equity strategies. The firm, majority owned by its employees, managed approximately $15.6 billion in total assets as of March 31, 2008. More information on the Causeway Global Value Fund, and Causeway's investment philosophy and team, is available online at www.causewayfunds.com.

Investing involves risk including loss of principal. In addition to the normal risks associated with investing, international investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from economic or political instability in other nations.

To determine if Causeway Global Value Fund is an appropriate investment for you, carefully consider the Fund's investment objectives, risk factors, charges and expenses before investing. This and other information can be found in the Fund's prospectus, which may be obtained by calling 1-866-947-7000 or visiting our website at www.causewayfunds.com. Read it carefully before investing.

There is no guarantee that the Fund will meet its stated objective. The Fund is available to U.S. investors only.

Causeway Global Value Fund is distributed by SEI Investments Distribution Co. (SIDCO). SIDCO is not affiliated with Causeway Capital Management LLC.