Presented By: Mike StotzPresident, AFL-CIO Investment Trust Corporation

January 31, 2013

AFL-CIO Building Investment

Trust

Union Worker Funds Represent Over $4 Trillion Dollars in Assets

CollectivelyBargained($750 billion)

Union Sponsored($480 billion)

Public Employees($2.8 Trillion)

Only 0.2% invested with AFL-CIO Investment Programs

($10 Billion out of $4 Trillion)

AFL-CIO Investment Program

AFL-CIO Housing Investment Trust

◦ Created 1964◦ $4.6 billion in net assets as of December 2012

AFL-CIO Building Investment Trust

◦ Created 1988◦ $3.1 billion in gross assets as of December 2012

AFL-CIO Equity Index Fund

◦ Created 2011◦ $2.9 billion committed as of January 2013

Union Built$4.7 billion invested

58 million hours of construction work created

$1.3 billion currently under construction

Union ServicedCollectively bargained servicing contracts on 60 current

properties

Union Competitive $10 million invested in 1988 is worth $44.5 million today

BITStrong Returns.Uncompromising Standards.

A Strong PartnershipA Shared History

BIT projects have created:

• Thousands of IBEW construction jobs

• Servicing contracts with IBEW locals on 60 current projects

The IBEW & The Building Investment Trust

Electrical Workers (IBEW): National Electrical Annuity Plan - Washington, DC NECA-IBEW Pension Trust Fund - Decatur, IL Pension Hospitalization Benefit Plan of the Electrical Industry Pension Trust Fund – Flushing, NY Electrical Workers Pension Fund, Local 103, IBEW - Boston, MA Southern Electrical Retirement Fund - Goodlettsville, TN Eighth District Electrical Pension Fund - Aurora, CO IBEW #481 Money Purchase Pension Plan & Trust - Indianapolis, IN Electrical Workers Local No. 292 Annuity Plan - Minneapolis, MN Electrical Workers Local No. 26 Pension Trust Fund - Washington, DC IBEW Local Union 1579 Pension Plan - Augusta, GA Local No. 1, IBEW, Pension Benefit Trust Fund - St. Louis, MO NECA-IBEW Local 176 Pension Fund - Joliet, IL IBEW Local No. 38 Pension Fund - Cleveland, OH IBEW Local Union No. 99 Annuity Plan - Cranston, RI IBEW Local Union No. 212 Pension Fund - Cincinnati, OH

28 IBEW Fund Participants

Electrical Workers Local No. 292 Pension Plan - Minneapolis, MN

Electrical Construction Industry Pension Plan - Milwaukee, WI

IBEW Local 131 Pension Plan - Kalamazoo, MI NECA-IBEW Local 364 Defined Contribution Pension Fund -

Rockford, IL IBEW Local Union No. 99 Retirement Plan - Cranston, RI IBEW Local 43 and Electrical Contractors Pension Fund -

Syracuse, NY Maryland Electrical Industry Pension Fund - Baltimore,

MD IBEW Local Union #226 Open End Pension Trust Fund -

Topeka, KS Electricians' Salary Deferral Plan - St. Louis, MO

IBEW Local 117 Pension Fund - Crystal Lake, IL Cascade Pension Trust Fund - Portland, OR

IBEW Local 1922 Pension Fund - Westbury, NY IBEW Local Union No. 915 Pension-Annuity Fund - Tampa,

FL

AFL-CIO Equity Index Fund• Launched March 3,2011• $2.9 Billion in assets• Responsible Proxy Voting

IBEW-NECA Equity Index Fund

Following the Standard-Bearer

• $5 billion in assets• 91 Participating Plans

• Trustee: Chevy Chase• Trust Manager : ASB Capital Management LLC

Both Funds:

Honoring the IBEW Standard

“The BIT’s Labor policies are the same as those contained in our NEBF Real Estate Program and are unmatched in the commercial real estate industry. I have spoken to numerous electrical workers who are employed at BIT projects and they cannot express how much these jobs are helping them pay their bills and provide for their families.”

- Edwin HillIBEW International President (pictured right with Investment Trust Corporation associates)

Take Ownership of Your Money

Invest Union

Mike StotzPresident

AFL-CIO Investment Trust Corporation815 Connecticut Avenue, NW, Suite 320

Washington, DC 20006

Phone: 202-898-9190Fax: 202-898-9194

mstotz@aflcio-itc.com

www.aflcio-itc.com

Contact Information