| Timberline Investment Management, LLC. 503-657-7100 Info@TimberlineInvestment.com |

| Investing with Integrity |
| ABOUT TIMBERLINE |
| ABOUT DIVIDEND & GROWTH |
| DIVIDEND STOCK INVESTING |

| Data sources: Frank Russell; Standard & Poors |
| Timberline Dividend & Growth Large-cap Style Correlations Timberline Dividend & Growth Net Quarterly Composite Return Correlations (R squared) 25 Periods: 9/30/03 thru 12/31/09 |