Contact:

Matthew J. Saltzman
Director of Marketing
Todd Investment Advisors, Inc.
101 S. 5th Street, Suite 3160
Louisville, KY 40202
P: 502.585.3121
msaltzman@toddinvestment.com

Internal Announcement

November 1, 2005

TODD ADDS DEPTH TO TRADING
AND CLIENT SUPPORT TEAM

Todd added three new hires for its trading and client support teams in response to its continued growth in client assets.

New hires include Head Trader, Jeremy Riddle; SMA Trader, Laura Burg; and Equity and Financial Research Assistant, Robin-Lee Kirchoff.

Mr. Riddle comes to Todd after spending nine years with UBS as Operations Manager. He has a BS degree in Finance from the University of Kentucky.

Ms. Burg comes to Todd after spending eight years in San Francisco with Berkeley International Capital Corp. and sister-company Berkeley Capital Management. She has a BS degree from Oklahoma State University.

In addition, Robin-Lee Kirchoff joined Todd as a senior client service representative. She comes to Todd after spending four years with Invesco as a client service associate.

As we continue to experience tremendous growth in our investment management business, we recognize that our most important focus is to provide a superior client experience. The best way to provide that experience is to recruit the very best people we can and then to invest heavily in those people. Our cultural philosophy of the pursuit of excellence in all that we do is extended by reaching out for the strongest candidates we can find. The addition of Robin and Jeremy are just the latest examples of this quest.

The three new hires brings Todd Investment Advisors' team to 19 professionals based in Louisville.

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