Vanguard Founder John Bogle to Speak at CFA Society of Los Angeles Luncheon.

LOS ANGELES -- The Chartered Financial Analysts Society of Los Angeles (CFALA) will be welcoming John Bogle on Monday, February 26 at the Omni Hotel. Mr. Bogle is the founder of The Vanguard Group, one of the two largest mutual fund organizations in the world, and President of Vanguard's Bogle Financial Markets Research Center. He will draw on his fifty-five years of investment industry experience to address current trends in the mutual fund industry, including governance standards and what he refers to as the stampede into ETFs and the new paradigm.

Mr. Bogle created Vanguard in 1974 and served as Chairman and Chief Executive Officer until 1996 and Senior Chairman until 2000. Headquartered in Malvern, Pa., Vanguard comprises more than 120 mutual funds with current assets totaling $1 trillion. Vanguard 500 Index Fund, the largest fund in the group, was founded by Mr. Bogle in 1975; it was the first index mutual fund.

In 2004, TIME magazine named Mr. Bogle as one of the world's 100 most powerful and influential people, and Institutional Investor presented him with its Lifetime Achievement Award. In 1999, Fortune designated him as one of the investment industry's four "Giants of the 20th Century." In the same year, he received the Woodrow Wilson Award from Princeton University for "distinguished achievement in the Nation's service." In 1997, he was named one of the "Financial Leaders of the 20th Century" in Leadership in Financial Services (Macmillan Press Ltd., 1997). In 1998, Mr. Bogle was presented the Award for Professional Excellence from the Association for Investment Management and Research, and in 1999 he was inducted into the Hall of Fame of the Fixed Income Analysts Society, Inc.

The CFA Society of Los Angeles (CFALA) is an organization of more than 1900 financial professionals, most of whom have earned or are in the process of earning the Chartered Financial Analyst designation. CFALA is an affiliated society of the CFA Institute, the global, non-profit professional association that administers the Chartered Financial Analyst[R] (CFA[R]) curriculum and examination program worldwide, publishes research, conducts professional-development programs, and sets voluntary, ethics-based professional and performance-reporting standards for the investment industry. CFA Institute has more than 79,000 members in 125 countries and territories.

For more information on this event, please go to www.cfala.org. For a press pass, call Dan Pomerantz, CFALA Public Awareness at 213-627-1500, x703.