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Veteran Wasatch Portfolio Manager JB Taylor to Join Jeff Cardon on the Wasatch Small Cap Growth Fund

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Salt Lake City, Utah, January 29, 2013 – Wasatch Advisors, Inc. has announced that one of its veteran investment managers has been added as a portfolio manager on the firm’s flagship Wasatch Small Cap Growth Fund (WAAEX).

JB Taylor will join long-time lead portfolio manager Jeff Cardon on the Wasatch Small Cap Growth Fund, effective January 31, 2013.  Mr. Cardon, who is also the CEO of Wasatch Advisors, has been the portfolio manager of the Small Cap Growth Fund since its inception in 1986.

Mr. Taylor is a 17-year veteran Wasatch investment manager and will continue to be the lead portfolio manager on one of the firm’s other small cap strategies, the Wasatch Core Growth Fund (WGROX), which he has managed for over 12 years.

“I welcome JB Taylor joining me as a portfolio manager on the Small Cap Growth Fund, which reflects our tradition of collaboration, teamwork and a multiple eyes research process,” says Mr. Cardon.  “Adding JB as a manager on our oldest fund is consistent with our history of executing based on a long-range plan.  Our goal is to ensure a smooth transition of portfolio-management responsibilities to our next generation of leaders.  I look forward to continue working with JB and our world-class team of investors for many years to come.”

Mr. Taylor began his career at Wasatch in 1996 working as a research analyst on micro cap portfolios, then worked as a senior analyst on the Core Growth Fund and became a portfolio manager on that fund in 2000.  He is a graduate of Stanford University with a B.S. in Industrial Engineering.

About Wasatch Funds®

The Wasatch Funds, a family of no-load mutual funds, had over $9 billion in assets under management as of December 31, 2012.  The Wasatch Small Cap Growth Fund, with over $1.8 billion in assets, seeks long-term growth of capital by investing in small companies.  The Wasatch Core Growth Fund, with over $630 million in assets, seeks long-term growth of capital and invests primarily in smaller companies and is the most valuation sensitive of the Wasatch small cap growth funds.

About Wasatch Advisors®

Wasatch Advisors is the investment manager to the Wasatch Funds as well as separately managed institutional and individual portfolios.  Wasatch Advisors pursues a disciplined approach to investing, focused on bottom-up, fundamental analysis to develop a deep understanding of the investment potential of individual companies.  The portfolio managers employ a uniquely collaborative process to leverage the knowledge and skill of the entire Wasatch Advisors research team in making investment decisions.  Wasatch Advisors is an employee-owned investment advisor founded in 1975 and headquartered in Salt Lake City, Utah.  The firm had $13.4 billion in assets under management as of December 31, 2012.  Wasatch Advisors, Inc. is registered with the Securities and Exchange Commission under the Investment Advisers Act of 1940.

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 RISKS AND DISCLOSURES:

 Mutual fund investing involves risks and loss of principal is possible.  Investing in small or micro cap funds will be more volatile and loss of principal could be greater than investing in large cap or more diversified funds.

An investor should consider investment objectives, risks, charges and expenses carefully before investing.  To obtain a prospectus, containing this and other information, visit www.WasatchFunds.com or call 800.551.1700.  Please read it carefully before investing.

Separately Managed Accounts and related investment advisory services are provided by Wasatch Advisors, Inc., a federally regulated Investment Advisor.

© 2013 Wasatch Funds.  All rights reserved.  Wasatch Funds are distributed by ALPS Distributors, Inc. (ADI).  Gene Podsiadlo is a registered principal and Steve Rung is a registered representative of ADI.  ADI is not affiliated with Wasatch Advisors, Inc.

WAS002992          4/20/2013