Payment of Filing Fee (Check the appropriate box):

[X] No fee required.

[ ] Fee computedYou also can visit https://www.proxy-direct.com [proxy-direct.com] and enter your control numbers and security code exactly as they appear above. If multiple control numbers and security codes appear, you will need to vote each individually in order to capture your vote on table below per Exchange Act Rules 14a-6(i) and 0-11.

1) Title of each class of securities to which transaction applies:

2) Aggregate number of securities to which transaction applies:

3) Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined:

4) Proposed maximum aggregate value of transaction:

5) Total fee paid:

  [ ] Fee paid previously with preliminary materials.

[ ] Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and

identify the filing for which the offsetting fee was paid previously. Identify the previous

filing by registration statement number, or the form or schedule and the date of its filing.

1) Amount previously paid:

2) Form, schedule, or Registration Statement no.:

all accounts.

IMPORTANT REQUEST:

Please vote as soon as possible!

Dear Shareholder:

We recently sent you proxy materials concerning important proposals affecting your fund(s). The proposals will be considered at a Joint Special Meeting of Shareholders on July 25, 2018, at 8 a.m. ET, at the offices of T. Rowe Price Associates, Inc., located at 100 East Pratt Street, Baltimore, Maryland, 21202.

Our records indicate that we have not yet received your vote. Please vote today using one of the methods listed below.

YOUR FUND’S BOARD RECOMMENDS THAT YOU VOTE “FOR” EACH PROPOSAL

Voting now helps minimize proxy costs, avoids additional mailings, and eliminates phone calls to shareholders.

The Proxy Statement we sent you contains important information regarding the proposals that you and other shareholders are being asked to consider. A copy of the Proxy Statement may be viewed or downloaded at the website listed on your proxy card. If you have any questions regardingabout the proxy materials or the proposals, or need assistance with voting,if you wish to request a paper copy of the proxy materials, please call us at 1-866-436-5968 or email us at info@troweprice.com.

Because regulations require that each fund receive a certain number of votes, you may call Computershare Fund Services, the funds’ proxy solicitor, toll free at 1 (866) 436-5968.

Forbe contacted by email or phone if your convenience, please utilize any of the following methods to submitvote is not received. These calls and emails will cease as soon as your vote:

1. Vote Online.

Visit the website noted on the enclosed proxy voting card and follow the instructions.

2. Vote by Phone.

Call the toll-free number printed on the enclosed proxy voting card and follow the automated

instructions. Available 7 days a week, 24 hours a day.

vote is recorded.

3. Speak with a Proxy Specialist.

Call 1 (866) 436-5968 with any questions. Specialists can assist with voting.

Available Mon-Fri from 9 a.m. – 11 p.m. ET and Sat from 12 p.m. – 6 p.m. ET.

4. Vote By Mail.

Mail your signed proxy voting card(s) in the postage-paid envelope.

Thank you for investing with T. Rowe Price Funds.

Sincerely,

Computershare Funds Services
Independent Tabulator for the Joint Special Shareholder Meeting of the T. Rowe Price Funds

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You cannot reply to the sender of this matter. If you have already voted, we appreciateemail. Contact us with your participation.questions and comments about our services:

Email: info@troweprice.com Call: 1-800-225-5132

R1_29734_S70707U.S. Mail: T. Rowe Price, Account Services, P.O. Box 17300, Baltimore, Maryland 21297-1300

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Copyright 2018, T. Rowe Price Investment Services, Inc., Distributor. All rights reserved.

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