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For Immediate Release:

For additional information contact:
Tedd M. Alexander III
Managing Member
410.244.6200
www.credocm.com

Attucks Hires Credo Capital Management To Manage Chicago Teachers’ Pension Assets

Baltimore , Maryland — July 29, 2005 — Credo Capital Management announced today Attucks Asset Management hired the company to manage pension assets for Public School Teachers’ Pension and Retirement Fund of Chicago (CTPF). Credo will manage assets for CTPF in its U.S. Equity Mid Cap Growth strategy.

“We look forward to utilizing ABACUS, our proprietary forward-looking investment tool, as a means of controlling risks and discovering opportunities for the benefit of the annuitants of Chicago Teachers’,” said founder and portfolio manager, T.M. “Tedd” Alexander III. “Our goal is to consistently deliver outstanding performance to our clients over time – through all economic and market climates. We are proud of Attucks’ selection of us as it gives us further recognition as a best-in-class mid cap growth U.S. equity manager.”

Les Bond, Senior Managing Director at Attucks added, “We are excited about working with Credo and look forward to their success and growth. This opportunity is central to what manager-of-manager programs are all about: creating opportunities for new managers and building capacity amongst the ranks of emerging firms.”

Credo Capital Management provides investment advisory services to institutional clients. Headquartered in Baltimore , Maryland , Credo is registered under the Maryland Securities Act as a limited liability company.

Attucks Asset Management is a minority-owned investment advisory firm that specializes in creating manager-of-manager programs for institutional clients.