Thursday, November 21st, 2002
The Pierre Hotel, New York City

Mr. Jean-Marie Eveillard
Co-President - FIRST EAGLE SOGEN FUNDS

Jean-Marie Eveillard is Co-President and Portfolio Manager of the First Eagle SoGen Funds, the same position he held with Societe Generale Asset Management until its acquisition by the investment banking firm of Arnhold and S. Bleichroeder (ASB) at the end of 1999. He has managed the former SoGen International Fund for over two decades and the SoGen Overseas and Gold Funds since their inception in 1993 as well as the First Eagle U.S. Value Fund since its September 2001 inception. All four funds have incorporated First Eagle in their names to reflect the new affiliation with Arnhold and S. Bleichroeder, Inc. In addition the International Fund has been retitled The First Eagle SoGen Global Fund, a name that better describes the fund's worldwide investment strategy.

Born in Poitiers, France in 1940, Mr. Eveillard is a graduate of Ecoles des Hautes Etudes Commerciales, a major French graduate school for economic studies. He started his career with Societe Generale, one of France's largest banks, in 1962 and came to the United States in 1968. Mr. Eveillard began working as an analyst with the SoGen International Fund in 1970 and became portfolio manager in 1979.

A true value investor, Mr. Eveillard steers away from trends and sectors most popular to the investing public. Instead, he searches the globe for original, obscure, and unique situations, which are more likely to be undervalued. Mr. Eveillard's preference demands patience. "Our time horizon for a security is 5 years, not 5 months". As Louis Rukeyser has said, "Jean-Marie Eveillard is one of the best companions a cautious American investor can have on financial voyages abroad".

Mr. Eveillard is married with two daughters. He lives in New York City and enjoys reading, the opera, the NBA and weekends at his country home.

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