itrage/USA 0.81% GABELLI ASSOCIATES LIMITED CLASS A 31 Aug 89 M $119M 605.69 02 May 0.23% 0.81% 3.12% 2.55% 3.03% 7.57% 3.24% (6.65%) Mario Gabelli Dec 12 14 Oct 07 - Oct 08 1. Max Drawdown: Peak to trough. Past performance is not a reliable indicator of future performance. Source - HSBC H

Full Name: Mario Gabelli last Name: Gabelli First Name: Mario Company: Gabclli Funds Business Address: Business Phone: Betsy, Rosanne, Tom CONFIDENTIAL - PURSUANT