Fund Prices

Closing Prices 05/09/2008 NAV
Price		 Change Fund
Number		 Ticker Symbol CUSIP
Number		 Newspaper
Symbols

Selected American Shares
Class S 46.51 -0.29 205 SLASX 816221105 AmShS
Class D 46.57 -0.29 1023 SLADX 816221204  

Selected Special Shares
Class S 11.06 -0.04 204 SLSSX 816272108 SplShs
Class D 11.07 -0.04 1022 SLSDX 816272207  

Selected Daily Government Fund*
Class S 1.00 0.00 201 SDGXX 816227300  
Class D 1.00 0.00 1021 N/A 816227508  




For more information about the Selected Funds, including risks, fees, and expenses, see the current prospectus. Davis Distributors, LLC, is the distributor of the Selected Funds.

*Regarding the Selected Daily Government Fund: An investment in the Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the Fund.