Protecting Your Privacy

At Edgemoor Investment Advisors, Inc., (Edgemoor) we are committed to protecting your financial privacy. This privacy notice is being sent to you in order to comply with new privacy regulations of the Securities and Exchange Commission. Edgemoor has in effect a privacy policy to ensure the security and confidentiality of your account information. This Privacy Policy explains what types of information we collect about you and how we safeguard that information.

We collect nonpublic personal information about you from the following sources:

• Information we receive from you on account applications or other forms, such as your name, address, phone number, social security number, date of birth and income; and

• Information about your transactions and account experience with us, such as your account number, account transactions and other financial information.

We do not disclose any nonpublic personal information about you or our former clients to anyone, except as permitted by law.

We safeguard the personal information that you have entrusted to us in the following ways:

• As a general policy, only those employees who maintain your account and respond to your requests for additional services have access to your account information.

• We maintain physical, electronic, and procedural safeguards to insure the security of your personal information and to prevent unauthorized access to your information.

For more information about our privacy policies, please call (301) 543-8881.