Morningstar launches website for investors in Estonia

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Morningstar, Inc. aprovider of independent investment research, today launched a new Web site to bring free investment funddata and analysis to investors in Estonia, the company announced.

The new Web site, available at www.morningstarestonia.com, offers investors an unparalleled
resource for data and analysis on more than 900 open-ended investment funds domiciled or
available for sale in Estonia. The site also includes access to quantitative and qualitative fund
ratings assigned by a team of experienced Morningstar fund analysts, and a number of free online
tools to make the searching and screening of funds for data and ratings easy and efficient.

“Our continued goal is to provide investors with the data and analysis they need to make betterinformed
investment decisions,” said Ketil Myhrvold, chief executive officer for Morningstar Norway. “Our dynamic fund data, coupled with detailed funds analysis from Morningstar teams worldwide, deliver a real advantage to Estonian investors as they tackle their investment decisions. We trust investors will find the new site useful, and we invite their feedback at any time.”