Thomas White American Opportunities Fund ("TWAOX") Announces Dividend

PR Log (Press Release) – Oct 31, 2008 – Thomas White American Opportunities Fund (NYSE: TWAOX) today announced that it has declared an income dividend of $0.0558 per share payable on October 29, 2008 to shareholders of record on October 28, 2008.

The Fund did not have a capital gains distribution this year.

About Thomas White International -
Founded in 1992 by former Morgan Stanley Asset Management Managing Director, Thomas S. White Jr., the firm is a research-driven investment manager that seeks superior performance by searching for undervalued stocks in some fifty markets around the world. Thomas White analysts in the U.S. and Asia monitor over 5000 global equities. The company’s investment style has been heavily influenced by Sir John Templeton, who began a close working relationship with Mr. White in 1976.

For more information, please call U.S. +1 800-811-0535 ® or visit www.thomaswhite.com