Chandler Asset Management Selects Charles River Development to Automate Domestic Fixed Income Operations

Boston, London, Melbourne, New York, Paris, Singapore and Tokyo - 11 March 2008

Charles River Development (Charles River), an award-winning provider of financial software and services to the global investment management community, today announced that Chandler Asset Management, a San Diego, California-based independent investment adviser specializing in investment grade fixed-income portfolios, has selected the Charles River Investment Management System (Charles River IMS) to automate and streamline its investment management operations. Chandler users will benefit from extensive portfolio management tools, streamlined trade order management, and real-time pre-trade compliance testing and monitoring on a single integrated platform.

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