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Ceredex Value Advisors LLC, Dividend-oriented Value Investors

Aug 18, 2008

Ceredex Value Advisors LLC, an Orlando, Florida-based institutional investment management firm specializing in managing value equity portfolios, has been established as an investment adviser registered with the SEC. Ceredex is a subsidiary of RidgeWorth Investments and has more than $2.5 billion in assets under management (as of 6/30/08). Prior to its establishment in early 2008, Ceredex was the Value Equity division of RidgeWorth and has managed institutional equity portfolios since 1989.

"At Ceredex, we strive to deliver superior performance by investing in under-valued, dividend-paying stocks with positive catalysts that we believe may reignite investor interest and provide upside potential," said Mills Riddick, President and Chief Investment Officer of Ceredex. "Our 9-member investment team is dedicated to traditional value style investing and we believe this new structure will enhance our ability to deliver consistent long-term performance for our clients." The Ceredex investment team will focus on portfolio management and construction and will rely on RidgeWorth to provide administrative resources, including trading, operations, compliance, finance, human resources, marketing and distribution.

Ceredex value equity strategies span the market capitalization spectrum and are available in three disciplines -- Large Cap Value, Mid-Cap Value and Small Cap Value -- through separate accounts ($10 million minimum) and subadvised mutual funds (three RidgeWorth Funds). Ceredex subscribes to the same investment approach across all strategies, which is anchored by our dividend orientation and involves a bottom up approach of buying low expectations stocks that possess a catalyst that will hopefully portend improving fundamentals.

The Ceredex Team

Lead Portfolio Managers: Mills Riddick, CFA (Large Cap Value), Don Wordell, CFA (Mid-Cap Value), Brett Barner, CFA (Small Cap Value)

Research Analysts: Jennifer Graff, CFA (Industrials), Charlie Carter, CFA (Consumer Discretionary and Consumer Staples), Hein Hanekom (Generalist), Rohit Dewan (Financials), Cody Smith (Healthcare and Technology), Nicole Guidry (Materials and Energy).

Portfolio Assistant: Sarah Thompson

Ceredex Value Advisors is an investment adviser registered with the SEC, a member of the RidgeWorth Investments family of investment firms, and a service mark of SunTrust Banks, Inc. All information contained herein is believed to be correct but accuracy cannot be guaranteed. Past returns are not indicative of future results. Comments and general market related projections were based on information available at the time of writing, are for informational purposes only, are subject to change without notice, and may not be relied upon for individual investing purposes. Ceredex Value Advisors and its employees do not provide tax or legal advice. RidgeWorth Investments is a trade name for RidgeWorth Capital Management, Inc.

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SOURCE: Ceredex Value Advisors LLC

CONTACT: David M. Craig of Ceredex Value Advisors LLC, +1-404-813-9124