Preliminary Distribution Estimates

Heartland Funds did not declare any year-end distributions of either short-term or long-term capital gains for the year ending 12/31/2008.

2008 Year-End Heartland Funds Dividend Estimates
Fund  Record
Date
Ex-Date/
Payable Date
Ordinary
Dividend
 Select Value Fund 12/26/2008 12/29/2008 See 12/29/08 Distribution Information
 Value Plus Fund 12/30/2008 12/31/2008 See 12/31/08 Distribution Information
 Value Fund 12/26/2008  12/29/2008 There was no year-end Ordinary Dividend declared for the Value Fund


  
Actual distribution information will be available one day after the payable date on Heartland's website, and on our automated service line at 800-432-7856, 24-hours a day/seven days a week to shareholders using a touch tone telephone.  

Distributions will be paid to all Fund shareholders who own shares on the record date, regardless of how long they have held the shares. Per share dividend distributions will be payable as of the close of the market on the dates listed.

Distributions will be automatically reinvested unless you have requested otherwise. To change your distribution payment options, please contact a Heartland representative at 800-432-7856.


Neither Heartland Funds nor any of its representatives may give legal or tax advice. These are estimates and should not be used for year-end tax preparation. For guidance on a specific situation, investors should consult their tax advisor or legal counsel.

© 2008 Heartland Funds
789 N. Water Street, Suite 500, Milwaukee, WI 53202 • 1-800-432-7856
The Heartland Funds are distributed by ALPS Distributors, Inc.
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