Patent and Trademark Office for
a patent on iQ Technology(TM) (iQT), an exclusive suite of tools that measure
call quality and termination."
For prepaid distributors and their customers, the results are higher
percentages of successful calls, better call quality and fewer trouble
tickets.

About NetworkIP
NetworkIP is changing the way businesses and people grow and enhance their
connections.

In the fixed
income asset class, The Managers Funds competed with 78 other eligible
smaller fund groups to win the award.

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It was
Lipper's third annual U.

judges completing

NetworkIP has patented both the algorithms and
software to model end-user perception of voice quality in a telecommunications
network. IQ Technology is agnostic to the
underlying technologies -- VoIP , TDM, etc. In case of a tie, the
group with the lower average percentile rank received the award . This is not an offer to buy or
sell securities.

An ACA approved judge awards scores for performance in the cut-out and also for skill and control in completing the course in the arena.

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Since 1998, the company has innovated patented and best-in-class
stored value technologies, systems and integrated services that ensure
reliability, minimize complexity and increase profitability.
Smaller fund groups, defined by Lipper as families with less than
$21.

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For more information on
how to enhance your valued connections, please visit:
http://www.

Business Editors/Financial Editors

SAN FRANCISCO----The Managers
Funds, which are managed and distributed by Managers Investment Group
LLC, a subsidiary of Affiliated Managers Group, Inc.
The Managers Funds cited by the Lipper Fund Award are: Managers
Bond (Long-Term Bond), Managers Fixed Income (Intermediate-Term Bond),
Managers Global Bond (World Bond), Managers High Yield (High Yield
Bond), Managers Intermediate Duration Government (Short-Term
Government Bond), and Managers Short Duration Government (Ultrashort
Bond).

achieved winner

networkip . A privately held
company and a leader in stored value solutions, NetworkIP sets industry
standards for quality, integrity and functionality.

The Managers Funds Honored by Lipper Fund Awards; Named Best Overall Performer in Fixed Income Funds for Smaller Fund Firms

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Patent Approved for NetworkIP's iQ Technology(TM); Delivers Best-in-Class Call Monitoring Quality and Termination

NetworkIP is also the only service bureau where customers can review
daily, weekly and monthly iQT scores on a country-by-country basis before they
commit to printing and distributing prepaid cards targeted to those
destinations.
For more information visit http://www. In addition to a
fund group 's consistent return score, Lipper evaluates its
risk-adjusted returns, adjusted for volatility relative to peers, for
the three-year period ended December 31, 2004.

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com for a free prospectus. Read it
carefully before investing or sending money.

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NetworkIP.managersinvest.com

skill rider

DALLAS, NetworkIP, a leader in stored value
solutions, has received approval from the U.
Any use of the data for analyzing , managing, or trading financial
instruments is at the user's own risk.

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Instead, it focuses on the end-user experience regardless of how the
call is connected.
"If you don't know your iQT score on a country-by-country basis, you're
operating blindly as a prepaid products and services distributor and missing a
key asset in your portfolio. Managers leverages the complementary skills and resources
of multiple businesses of AMG to serve as a single point of contact
for more than 75 institutional-quality investment products offered to
separate account and mutual fund investors through banks, brokerage
firms and other sponsored platforms.
In choosing a Fund, investors should carefully consider the amount
they plan to invest, their investment objectives, the Fund's
investment objectives, risks, charges and expenses before investing.
Although Lipper makes reasonable efforts to ensure the accuracy
and reliability of the data contained herein, the accuracy is not
guaranteed by Lipper.

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iQT monitors and analyzes, in real time, the end-user experience,
identifying and pinpointing when callers experience fast-busy signals, dead
air, poor audio quality and cut offs .net. Distributed by Managers
Distributors, Inc.

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-- used by carriers connecting the
calls.

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Managers Investment Group creates, distributes and services mutual
fund and separate account products, including The Managers Funds,
through intermediaries, primarily in segments of the retail
marketplace.

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net . Managers distributes and services
investment products on more than 50 investment platforms.

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Traditional telecom measures of voice quality, such as ASR (answer-
supervision ratio), ACD (average call duration), and PDD (post-dial delay)
fail to detect negative voice quality under certain conditions , precisely
because these traditional measures fail to model what actual end-users (the
people who actually pick up the phone to make telephone calls) experience
during a call. awards ceremony .
For this and other information, please call (800) 835-3879 or visit
our website at www.

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"In this chaotic and cost cutting telecom industry, Network IP's iQT
technology allows us to quantify and ensure a more successful end-user
experience," said Pete Pattullo, NetworkIP CEO and President . iQT underscores our commitment to deliver the best
connections for our valued distributors of prepaid and stored value products
and services. The
Lipper Fund Awards 2005 recognize fund families that deliver
consistently strong relative performance for their fund shareholders.
Lipper determined the smaller fund group awards by averaging the
decile rank of the three-year consistent return scores for all of the
firm's funds within the asset class; the group with the lowest average
decile rank received the award for that asset class. Users acknowledge that they have not relied upon
any warranty , condition, guarantee, or representation made by Lipper.

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and foreign corporate, high yield,
short - and long-duration, and government bond funds.

aggregate rider

NetworkIP's iQ Technology uses a set of algorithms to monitor
and analyze end-user call attempts in real time and automatically removes
carrier routes that do not meet minimum quality.
Peter Lebovitz, Managing Partner of Managers Investment Group,
accepted the award at the Lipper Fund Awards Event in New York.6 billion in total assets, must have at least three equity, three
bond, or three mixed asset portfolios that received consistent return
scores as of December 31, 2004 to be eligible for a fund group award
in the respective asset class .managersinvest.

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S., member NASD.
For more information on Managers Investment Group LLC, please
visit www.

completing highest

(NYSE: AMG), was
named Best Fixed Income Group in the smaller fund family category last
night by Lipper, the mutual fund research and analysis company.S.

A uniquely Australian sport which combines the sport of Cutting and cowherding using a figure eight patterned course with a finishing 'gate', all of which evolved from the old practice of selecting individual cattle from a large mob and driving the beast to a separate holding area, achieved through the skill of the horse and rider in blocking the attempts by the beast to return to the mob.

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The Managers Funds was honored for the performance of six of its
fixed income funds, including U.

judges competitors

"Since 1998 we
have set the industry standard for reliability, functionality and ingenuity by
offering best quality service, robust network capacity , and patented customer
management tools. As a NetworkIP customer, you have full access to
iQT and you are assured of running your business through the most responsive
and the most innovative voice quality management system in the industry,"
added Pattullo.