UMB Scout Funds' James Moffett Named Finalist for Morningstar's 2007 International-Stock Manager of the Year

Business Wire, Dec 19, 2007

KANSAS CITY, Mo. -- James Moffett, lead portfolio manager for the UMB Scout International Fund (UMBWX), has been named a finalist for the Morningstar 2007 International Manager of the Year award. Moffett is among five finalists for the award that will be announced on CNBC and Morningstar.com on January 3, 2008.

The award recognizes fund managers who not only had an outstanding calendar year, but who have also built solid long-term results for their Fund upon a distinctive strategy. In addition, Morningstar maintains that these nominees and their fund companies "treat their fundholders well from a stewardship perspective."

"I'm very proud of the continued recognition Scout Investment Advisors has received recently," said Mariner Kemper, Chairman and Chief Executive Officer UMB Financial Corporation (NASDAQ: UMBF). "Our expertise and knowledge drives our performance -- and that has positioned our portfolio managers as leaders in the industry. We are especially proud of the investment products we offer our customers, and the outstanding job that Jim Moffett and his team have delivered."

James Moffett has served as lead portfolio manager of the UMB Scout International Fund since the Fund's inception in 1993. Moffett and his team are frequently highlighted in leading industry publications for their ability to identify sector themes and individual stock stories. In addition, Moffett's approach of long-term investing and not chasing short-term trends contributed to the Fund's success, and allowed the Fund to surpass its benchmark, on average, over the past ten years.

Average Annual Total Return as of September 30, 2007:

UMB Scout International Fund: 1-Year: 30.15%, 5-Year: 23.46% and 10-Year: 10.78%

MSCI-EAFE Index-net (U.S. Dollars): 1-Year: 24.86%, 5-Year: 23.55% and 10-Year: 7.97%

Total Annual Fund Operating Expenses: 1.03%

The performance data quoted represents past performance and past performance is not guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance information quoted. To obtain performance information current to the most recent month-end, please call 800-996-2862 or visit umbscoutfunds.com.

Foreign investments present additional risks due to currency fluctuations, economic and political factors, government regulations, differences in accounting standards and other factors. Investments in emerging markets involve even greater risks.

You should consider the Fund's investment objectives, risks, charges and expenses carefully before investing. To obtain a prospectus, which contains this and other information about the Fund, call 800-996-2862 or visit umbscoutfunds.com. Please read the prospectus carefully before investing.

The UMB Scout Funds are distributed by UMB Distribution Services, LLC, Milwaukee, WI, an affiliate of UMB Financial Corporation, and Managed by Scout Investment Advisors, Inc., a subsidiary of UMB Bank, n.a.

"UMB," "Scout" and the Scout design are registered service marks of UMB Financial Corporation.

Not FDIC-Insured - No Bank Guarantee - May Lose Value