Kevin F. Simms, an AllianceBernstein Partner, was named Co-Chief Investment Officer of International Value Equities in 2003. He has also been the Global Director of Value Research since 2000. As research director, Simms has been instrumental in implementing significant enhancements to the firm’s cross-border research process. Between 1998 and 2000, he served as director of research for Emerging Markets Value Equities. Simms joined Bernstein in 1992 as a research analyst, and his industry coverage over the next six years included financial services, telecom and utilities. Before joining the firm, he was a certified public accountant with Price Waterhouse. Simms earned a BSBA from Georgetown University and an MBA from Harvard Business School. Location: New York

Takeo Aso was appointed Director of Research of Japan Value Equities in 2001, and he helped establish the firm’s Tokyo research group. Prior to that, he worked for four years as a research analyst covering the utilities, capital equipment, and health and personal care industries. Prior to joining Bernstein, Aso was a managing consultant at Corporate Directions, Inc. He holds a BS and an MS in information science from the University of Tokyo and an MBA from Harvard University. He is a CFA charterholder. Location: Tokyo

Avi Lavi was appointed CIO of UK & European Value Equities in 2006. In 2004, Mr. Lavi became Co-CIO of UK and European Value Equities and until 2006 retained his responsibilities as director of research of these services. Mr. Lavi was appointed Director of Research - UK and European Value Equities in 2000, helping establish Bernstein’s first research operation based outside the US. After joining Bernstein in 1996 as a research associate for utilities, in 1998 he expanded his coverage to include oil & gas, covering both that industry and utilities on a global basis. He ultimately became a senior analyst and sector leader for energy research before assuming his current responsibilities. Prior to joining the firm, Mr. Lavi was an assistant controller at the State of Israel Economic Offices in New York. Prior to that, he was an accountant with Kesselman & Kesselman, Price Waterhouse Coopers’ Israeli affiliate.