Turner Investment Partners Launches an Overseas Fund Family with Four Funds

BERWYN, Pa.--(Business Wire)--
Turner Investment Partners, a United States-based investment
management firm, today is introducing a new Dublin-domiciled fund
family of four institutional funds called Turner Funds plc. As a UCITS
III pooled financial-services company, Turner Funds plc intends to
offer the four funds to qualified investors throughout Europe and the
Middle East.

Headquartered near Philadelphia, Pennsylvania, and founded in
1990, Turner Investment Partners manages growth, value, core, and
quantitative portfolios and mutual funds on behalf of institutions and
individuals. The firm has more than $26 billion in assets as of June
30, 2008.

The creation of Turner Funds plc includes the launch of the Turner
Global Growth Equity Fund, Turner's first fund emphasizing
global-growth stocks. The new fund family also markets the Turner Core
Growth Equity Fund, the Turner Midcap Core Equity Fund, and the Turner
Quantitative Broad Market Equity Fund, which are clones of the firm's
U.S. mutual funds.

Turner's wholly owned subsidiary, Turner International Ltd., and
its London-based Managing Director, Peter Yarrow, will market the
funds to institutions. The minimum initial investment in the funds is
$250,000. "The funds on this platform represent a sampling of our best
fund investment ideas," says Mr. Yarrow.

Turner Global Growth Equity Fund

The Turner Global Growth Equity Fund invests in 60 to 80 stocks of
medium to large-sized companies from around the world with market
capitalizations generally greater than $3 billion. The fund's sector
weightings are similar to those of the Russell Global Growth ex-U.S.
Index.

The Turner Global Growth Equity Fund is managed by Robert E.
Turner, lead portfolio manager and chairman and chief investment
officer of Turner Investment Partners. He is assisted by Halie O'Shea,
Christopher K. McHugh, Donald W. Smith, and Mark D. Turner, who serve
as comanagers of the fund.

As with Turner's other growth funds, the fund holds shares of
companies believed to have strong earnings prospects, i.e., with
earnings that are growing at a rate that the portfolio managers think
should meet or exceed Wall Street analysts' expectations. The fund
aims to outperform its benchmark, the MSCI World Growth Index, over a
full market cycle.

Turner Core Growth Equity Fund

The Turner Core Growth Equity Fund invests primarily in U.S.
stocks of 60 to 80 medium- to large-sized companies with market
capitalizations generally greater than $3 billion, broadly diversified
among economic sectors. Its sector weightings are similar to those of
the S&P 500 Index.

The Turner Core Growth Equity Fund is managed by Robert E. Turner,
lead portfolio manager. He is assisted by Ms. O'Shea, Robb J.
Parlanti, and Mark D. Turner, who serve as comanagers of the fund.

The goal of the fund is to outperform the Russell 1000 Growth
Index.

Turner Midcap Core Equity Fund

The Turner Midcap Core Equity Fund is a "blend" fund that invests
in about 60 to 80 growth and value stocks of U.S. companies across all
market sectors with medium market capitalizations, typically between
$1 billion and $8 billion.

The Turner Midcap Core Equity Fund is managed by Senior Portfolio
Manager/Security Analyst Steven L. Gold, lead portfolio manager. He is
assisted by Thomas J. DiBella, chief investment officer, core/value
strategies, and Joseph Krocheski, who serve as comanagers of the fund.

The fund is constructed on the premise that the correlation
between growth and value stocks is low, meaning that they generally
perform differently at a given time. By investing in both growth and
value stocks, the fund seeks to produce higher returns and less
volatility, or risk, than either style would alone. The fund's
performance benchmark is the Russell Midcap Index.

Turner Quantitative Broad Market Equity Fund

The Turner Quantitative Broad Market Equity Fund invests in
companies across the broad U.S. stock market with capitalizations
typically greater than $700 million. The fund's sector weightings are
similar to those of the Russell 3000 Index.

The Turner Quantitative Broad Market Equity Fund is managed by
David Kovacs, lead portfolio manager and chief investment officer,
quantitative strategies. He is assisted by Jennifer K. Clark, who
serves as comanager.

The fund uses a proprietary quantitative computer model to rank
stocks according to more than 70 factors related to a company's stock
and fundamentals that, in Turner's view, predict future
outperformance. The most attractive 80 to 110 stocks are then selected
for investment. The fund aims to consistently outperform its
benchmark, the Russell 3000 Index, over a full market cycle.

Turner Investment Partners is located in Berwyn, Pennsylvania, and
as of June 30, 2008 had approximately $26 billion in assets under
management. The firm offers a wide range of investment disciplines in
equities, including U.S. and global growth, quantitative strategies,
and core and value disciplines. The company is regarded as a premium
growth manager and acts as a manager or sub-advisor in this category
for many clients. Over 125 people are employed at the firm, of whom
approximately two-thirds are shareholders.

The Turner Funds plc (the "Funds") are offered solely to non-U.S.
investors under the terms and conditions set forth in the prospectus.
The prospectus contains important information about the Funds and an
investor should read it carefully before investing. The Funds are
available only to professional clients and are not suitable for retail
clients.

Past performance is not a guide to future returns and investors
may not get back the full amount invested. This document is intended
for informational purposes only and does not constitute investment
advice or solicitation. Where Turner Investment has expressed views
and opinions, these are our present opinions only and are subject to
change. The Funds are not available for sale in any jurisdiction in
which the sale would be prohibited.

Turner Investment Partners
Kate Patarcity, 484-329-2439
Fax: 484-329-2739
kpatarcity@turnerinvestments.com

Copyright Business Wire 2008