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FOR IMMEDIATE RELEASE

POLARIS CAPITAL HIRES KRISTIN WEISKER
Relationship Manager Joins From Fidelity

(Boston, MA; May 3, 2006) Polaris Capital Management, Inc., a global and international value equity manager headquartered in Boston, has appointed Kristin Weisker as a relationship manager with responsibility for client service and business development.

“Backed by consistent performance and client service, Polaris has seen tremendous growth in assets over the past few years. To accommodate our expansion, the firm has hired analysts and client service professionals. As the lead relationship manager at Polaris, Kristin will further complement our company’s efforts to provide personalized attention to institutional and individual clients and consultants,” commented Bernard R. Horn, Jr., President of Polaris. “Kristin brings more than 18 years of investment industry and financial services experience to the team; we expect her efforts to contribute measurably to the firm’s success. Kristin and I worked together in the past, and it is terrific to welcome her back.”

Previously, Ms. Weisker was a relationship manager at Fidelity Management Trust Co, a division of Fidelity Investments, where she served the institutional consulting community. From 1992-2001, Ms. Weisker worked as a client service relationship manager at ValueQuest/TA, an institutional global investment firm.

A 1989 graduate of Northeastern University, Ms. Weisker began working with Mr. Horn in 1988, when she joined Horn & Co., and later worked with him from 1990-1992 at Freedom Capital. During those years, she assisted in trading, research, client relations, and portfolio accounting.

“I couldn’t pass up the offer to join Polaris Capital Management, as I have watched the firm flourish under Bernie’s direction for the past 10 years. I am looking forward to working with Bernie again as well as the Polaris Capital clients with whom I worked in the past. I look forward to assisting the firm in further developing relationships in the investment community and supporting quality client service,” stated Ms. Weisker.

ABOUT POLARIS CAPITAL MANAGEMENT
Polaris Capital Management, Inc. is a global and international value equity manager that provides investment services for institutional and individual clients. The firm’s pure value style of investment management combines proprietary investment technology and traditional fundamental research to uncover companies worldwide with undervalued cash flow or assets. As of April 30, 2006, the firm managed more than $1.8 billion for institutional and family clients.