Royce Hires George Wyper

NEW YORK--(Business Wire)--
Royce & Associates, LLC (Royce), investment advisor to The Royce Funds, is
pleased to announce important recent additions to its investment and other
staff. Effective April 1, 2010, George Wyper, formerly of Wyper Capital
Management, joined the firm as Portfolio Manager and Managing Director.

President and CEO Charles M. Royce said, "We`re proud to be welcoming a
professional of George`s caliber and experience to our growing investment team.
We think that his global investment expertise will be a highly valuable asset to
the firm."

Before founding Wyper Capital in 1998, Mr. Wyper was a Senior Managing Director
at Warburg Pincus Counsellors, Inc. and a member of E.M. Warburg Pincus & Co.,
LLC. While at Warburg, he managed the Capital Appreciation Fund and Small Cap
Value Fund, as well as private accounts for institutions and families. He also
served on the firm`s Operating Committee. Mr. Wyper has more than 30 years of
investment industry experience. He received his undergraduate degree in
Economics from the Wharton School of the University of Pennsylvania and his MBA
from the Yale School of Management.

Joining Mr. Wyper on Royce`s investment staff are analysts Dilip Badlani and
Meena Mallipeddi. Todd Neufeld, who served as Wyper Capital Management`s Chief
Operating Officer, is also coming to Royce. Mr. Neufeld joined Wyper Capital in
2004. Previously, he was Director of Operations at GoldenTree Asset Management,
a leading high-yield/distressed debt shop. In addition, Client Service
Specialist Lisa Hecht, and Elizabeth Winslow and Kimberly DeLeon are joining
Royce.

The addition of these experienced professionals increases Royce`s investment
staff to 38. The firm remains committed to the same investment principles that
have served our investors well for more than 35 years.

Royce & Associates, LLC
Jack E. Fockler, 800-348-1414
www.roycefunds.com

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