Manager Commentary

The following information is provided for your review. Please contact Bridges Investment Management with any questions. Thank you.

Bridges Investment Management Market Comments dated July 14, 2010.

Bridges Investment Management Market Comments dated March 10, 2010.

Bridges Investment Management Market Comments dated December 15, 2009.

Bridges Investment Management Market Comments dated October 27, 2009.

Bridges Investment Management Market Comments dated July 15, 2009.

Bridges Investment Management Market Comments dated April 14, 2009.

Bridges Investment Management Market Comments dated February 24, 2009.

Bridges Investment Management Market Comment Notes dated January 19, 2009.

Bridges Investment Management Market Comments dated December 19, 2008

Bridges Investment Management Market Comments dated November 20, 2008.

Bridges Investment Management Market Comments dated October 15, 2008.

Bridges Investment Management Market Comments dated October 6, 2008.

Bridges Investment Management Market Comments dated July 8, 2008.

Bridges Investment Management Market Comments dated May 21, 2008.

Bridges Investment Management Market Comments dated March 1, 2008.

Bridges Investment Management Newsletter dated April 12, 2006.

Bridges Investment Management Newsletter dated January 26, 2006.

Bridges Investment Management Newsletter dated September 5, 2005.

Bridges Investment Management Newsletter dated September 1, 2005.

Bridges Investment Management Newsletter dated June 20, 2005.

Bridges Investment Management Newsletter dated April 11, 2005.

Bridges Investment Management Newsletter dated January 31, 2005.

Bridges Investment Management Newsletter dated August 18, 2004.

Bridges Investment Management Newsletter dated April 22, 2004.

Bridges Investment Management Newsletter dated February 23, 2004.

Bridges Investment Management Newsletter dated January 16, 2004.

Bridges Investment Management, Inc. brochure.