ADVISORY/MFS Investment Management To Discuss Series of Pro-Investor Actions Taken to Strengthen Fund Governance and Tighten Business Practices

Business Wire, March 16, 2004

Business Editors

ADVISORY...for today

--(BUSINESS WIRE)--MFS Investment Management

WHAT:     MFS Investment Management To Discuss Series of Pro-Investor
          Actions Taken to Strengthen Fund Governance and Tighten
          Business Practices

WHO:      Robert C. Pozen, Chairman of MFS Investment Management

WHEN:     Tuesday, March 16, 2004
          3:30 P.M.  EST

HOW:      Call in 5-10 minutes before 3:30 P.M. EST to ensure no delay
          in being placed into the conference call.  Media questions
          will be taken after brief remarks.

          Participant Call-in Number
          US/Canada:  (800) 843-3777
          International:  (706) 679-0485

REPLAY:   The media conference call will be available on a replay
          basis from 6:00 P.M. on March 16 through 11:59 P.M on
          March 19, 2004 by calling (800) 642-1687 (US/Canada) and
          (706) 645-9291 (International).