The Board selected Brandes International Small Cap Equity as the replacement fund for Royce Global Value that was terminated and removed from the International Stock Option. Brandes International Small Cap Equity was added to the International Stock Option on 12/20/13. The new target allocation is 34% BlackRock ACWI Ex-US IMI Index, 12% Templeton Instl. Foreign Equity, 12% Thornburg Intl. Value, 12% Marsico Intl. Opportunities, 10% American Century Intl. Growth, 8% Dimensional Emerging Markets Value, 8% TCW International Small Cap and 6% Brandes International Small Cap Equity.