UMB Scout Stock Fund:
  TJX Cos., Inc.
  Aflac, Inc.
  Microsoft Corp.
  General Mills, Inc.
  Devon Energy Corp.
  H.J. Heinz Co.
  International Business Machines Corp.
  McDonald's Corp.
  Oracle Corp.
  Avon Products, Inc.

UMB Scout Mid Cap Fund:
  Alpha Natural Resource, Inc.
  Progressive Corp.
  HJ Heinz Co.
  CF Industries Holdings, Inc.
  Hansen Natural Corp.
  Borg Warner, Inc.
  Walter Industries, Inc.
  Nexen, Inc.
  Forest Oil Corp.
  Unit Corp.

UMB Scout Small Cap Fund:
  Swift Energy Co.
  Hornbeck Offshore Services, Inc.
  Encore Acquisition Co.
  EnerSys
  Penn Virginia Corp.
  Microsemi Corp.
  Emcor Group, Inc.
  Pioneer Drilling Co.
  Areana Resources, Inc.
  Robbins & Myers, Inc.

UMB Scout International Fund:
  Potash Corp. of Saskatchewan
  Petroleo Brasileiro S.A.
  CSL Ltd.
  BG Group PLC
  ABB Ltd.
  BHP Billiton Ltd.
  Canon, Inc.
  Terumo Corp.
  Mettler-Toledo International, Inc.
  Komatsu Ltd.

UMB Scout International Discovery Fund:
  Sociedad Quimica y Minera de Chile S.A.
  Oilexco, Inc.
  Lindt & Spruengli A.G.
  SGS S.A.
  Ryanair Holdings PLC
  Technip S.A.
  Swiss Life Holding
  Koninklijke Vopak N.V.
  Capita Group PLC
  Bijou Brigitte Modische Accessories

Not authorized for use unless preceded or accompanied by a current UMB Scout Funds prospectus.

The UMB Scout Funds are distributed by UMB Distribution Services, LLC, Milwaukee , Wis. , an affiliate of UMB Financial Corporation, and Managed by Scout Investment Advisors, Inc., a subsidiary of UMB Bank n.a.