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The Board of Director's of the Rainier Funds and the shareholder's of the Large Cap Growth Equity Portfolio have approved an adoption of the Fund by John Hancock Funds, LLC. Rainier will manage the Fund for John Hancock with the same team, philosophy and process. Starting April 30, 2008, information on the Fund will become available at www.jhfunds.com

The Large Cap Growth Equity strategy is still available to institutional clients of Rainier through a separate account or a commingled trust. To see information about this strategy please verify that you are an institutional investor by selecting "institutional investor" in the upper right corner of the homepage.

This material should not be interpreted as an offer of any other mutual fund.

Daily Closing as of 5/12/2008

	Symbol	Closing
Large Cap Equity	RIMEX	$29.05
Mid Cap Equity	RIMMX	$43.73
Small/Mid Cap Equity	RIMSX	$37.15
Balanced	RIMBX	$16.86
Fixed Income	RIMFX	$12.63

Mutual fund investing involves risk. Principal loss is possible.

The Rainier Funds are offered only to United States residents, and information on this site is intended only for such persons. Nothing on this web site should be considered a solicitation to buy or an offer to sell shares of any Rainier Fund in any jurisdiction where the offer or solicitation would be unlawful under the securities laws of such jurisdiction. Please click here for a current prospectus.

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