Goldman Sachs Asset Management Since its founding in 1869, Goldman Sachs has played a key role in shaping many of the world's defining moments for companies and institutions, markets and industries – while forming long-term client relationships based on integrity and innovation. Today, continuing the firm's tradition of excellence, Goldman Sachs Asset Management (GSAM), L.P. serves the investment management needs of pre-eminent institutions and individual investors worldwide through institutional strategies, mutual funds and subadvised portfolios. Goldman Sachs seeks to deliver strong, consistent investment results across a range of global asset classes. Through its suite of investment products, you can capitalize on the firm's history of excellence and strength as a pre-eminent asset manager. Reflecting broad, deep investment expertise, Goldman Sachs' Chief Investment Officers offer an average of 19 years industry experience and an average of 10 years with the firm. Goldman Sachs is ranked in the top 20 asset management firms globally. Goldman Sachs offers each client investment opportunities differentiated by a unique set of capabilities designed to enhance the client experience. Bios PL Short Duration Bond Objectives and Investments Current income through investment in high quality fixed income securities with an average portfolio duration not likely to exceed three years; capital appreciation is of secondary importance. Benchmark    Merrill Lynch 1-3 Year Treasury Index The Merrill Lynch 1-3 Year Treasury Index is an index of U.S. Treasury issues that have maturities from one to three years. Results include reinvested dividends. Investment Style    Short-Term Bond Based on information from Morningstar, Inc., 2008.

Goldman Sachs Funds PL Short Duration Bond† Goldman Sachs Managers Company Profile Select a Manager AlgerAllianceBernsteinClearBridgeGoldman SachsHighlandJanusLazardLoomis SaylesMFSNeuberger BermanNFJOppenheimerFundsPAMPIMCOVan Kampen † These funds are available only through the Portfolio Optimization Funds.