Needham Funds
  
May 16, 2008


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Needham Asset Management consists of three public mutual funds, three hedge funds and several private equity funds. Needham Asset Management is an affiliate of Needham & Company, LLC.

Needham & Company, LLC is a full-service investment bank and institutional brokerage firm with offices in New York City, Boston, San Francisco and Menlo Park, CA. Needham & Company, LLC is a member of FINRA and SIPC.



The Needham Funds made the following distributions for 2007: an ordinary income distribution for the Growth Fund in the amount of $0.01 per share and a long-term capital gains distribution in the amount of $4.15 per share; a short-term capital gains distribution for the Aggressive Growth Fund in the amount of $0.12 per share and a long-term capital gains distribution in the amount of $1.88 per share; and a long-term capital gains distribution for the Small Cap Growth Fund in the amount of $2.75 per share. These distributions have a record date of November 13, an ex-dividend date of November 14 and a payable date of November 15, 2007.


symbol
NAV
daily
change
YTD
NEAGX $13.73 $0.10 0.73% -2.90%
NEEGX $34.33 $0.33 0.97% -4.77%
NESGX $11.43 $0.08 0.70% 1.24%

daily NAV as of 5/15/2008
   
 
  

Complete information on the Needham Funds, including a current prospectus, is available for downloading and should be read prior to making any decision to invest. Investment in the Fund involves investment risk, including the possible loss of principal. Click here to go to the downloading page for details regarding the Needham Funds or contact Needham Investment Management L.L.C. at 1-800-625-7071.




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