RS Investments Adds Experienced Investment Talent to Value Group

San Francisco, May 15, 2008 - RS Investments, an investment management firm specializing in value, core, and growth investment strategies, announced today that Tim Bei has joined the firm's Value Group as an equity research analyst.

"Tim's background and long tenure as an equity analyst make him a valuable asset to both the Value Group and the four strategies we manage," says MacKenzie Davis, co-portfolio manager in the Value Group. "Our investment process is predicated on highly experienced analysts working collaboratively, side-by-side with our portfolio managers, who also serve as analysts, to undertake exhaustive grass roots research.

Most recently, Mr. Bei was an equity analyst at T. Rowe Price where he covered companies in the industrial, aerospace, and defense sectors. He worked in the venture capital and investment banking industries prior to his five years at T. Rowe Price. A graduate of Santa Clara University, Mr. Bei has an MBA from the University of Virginia, and is a CFA charterholder.

Over the last year, RS Investments has added significant research depth to its value, core, and growth equity investment teams. The firm has selectively added depth to its boutique investment teams by seeking highly experienced and accomplished analysts. Today, RS Investments' three investment boutiques have a total of 35 investment professionals, averaging 14 years of experience for each individual.

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