Commenting on Mr. Gould's appointment, Mario Gabelli, chief executive of GAMCO Investors, Inc. said, "Earl is one of the savviest investors in the oil patch. His investment experience and proven research talent will serve our investors in GAMA Select Energy."

Mr. Gould's investment career spans over forty years. He began as a trader at European American Bank following his graduation from University of Alberta in 1964. In 1967, he joined Bache & Co. as an analyst and later became a senior investment analyst with Security Pacific Bank where he remained until 1977.

Mr. Gould joined the pension department of Atlantic Richfield in 1977, where he covered the energy sector. Mr. Gould was promoted to Portfolio Manager where he ran $500 million prior to being named Managing Director of International Equities for ARCO Investment Management Co. (AIMCO). Mr. Gould retired from ARCO prior to its acquisition by British Petroleum. Born and raised in Denmark, Mr. Gould has an MA in Economics from City College in New York.

GAMCO Investors, Inc., through its subsidiaries, manages approximately $28 billion in assets of private advisory accounts (GAMCO), mutual funds and closed-end funds (Gabelli Funds, LLC), and partnerships and offshore funds (Investment Partnerships).

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