News Releases

MEDIA CONFERENCE CALL MAY 17, 2005

WHAT:
Guardian Group of Funds (GGOF) will host a conference call on the growth of the Asian economies and their demands on the resource sector. Media are invited to hear commentary, followed by a question and answer session. The call will review:

• How Asian economic growth is fueling the demand for resources and commodities
  
  • The impact of rising levels of consumer income
  • Expectations for demand levels over the next ten years
• Managing Supply
  • From exploration to production: A review of what is being done to meet the growing resource demand
• Lower volatility investment strategies that will capitalize on these developments, including:
  • Funds focused on the Asian economies
  • Funds focused on the resource sector

WHO:
Paul Matthews, Matthews International Capital Management
Lead manager of GGOF Asian Growth and Income Fund
Paul Matthews is Chairman and founder of Matthews International Capital Management (MICM). Matthews International Capital Management was founded in San Francisco in 1991. It invests exclusively in Asian markets and currently has $2.3 billion in assets under management.

Wally Kusters, Barrantagh Investment Management
Co-manager of GGOF Resource Fund
Wally Kusters is a Managing Director and Lead Equity Manager at Barrantagh Investment Management. He started in the investment industry in 1987 and joined Barrantagh in 2002. Barrantagh, a Toronto-based investment firm, manages $325 million in assets and is anchored by four co-managing directors.

Moderator: Gavin Graham, Vice-President, Director of Investments
Guardian Group of Funds

Host: John Boeckh, Senior Vice-President, Marketing
Guardian Group of Funds

WHEN:
Tuesday, May 17, 2005
11:00 a.m. Eastern Time

WHERE:
Call in number: 416-695-9701 or 1-888-280-8349

An audio CD and print transcript of the conference call will be available upon request.

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