PROXY CARD
Jacobs & Company Mutual Fund
Special Meeting of Shareholders
June 1 , 2005
Advisors Series Trust, a Delaware statutory trust (the “Trust”), will hold a Special Meeting of Shareholders (the “Special Meeting”) of the Jacobs & Company Mutual Fund, a series of the Trust (the “Fund”), on Friday , Ju ly 15, 2005 at 9:00 a.m. Central time at the offices of U.S Bancorp Fund Services, LLC, 777 East Wisconsin Avenue, Milwaukee, Wisconsin 53202. At the Special Meeting, you and the other shareholders of the Fund will be asked to consider and vote separately on matters on the reverse side
The undersigned hereby appoints each of Rodney A. DeWalt and Doug G. Hess, as proxy with the power to appoint his substitute, and hereby authorizes such proxy to represent and to vote, as designated below, all shares of Jacobs & Company Mutual Fund (the “Fund””) of Advisors Series Trust held of record by the undersigned on April 22, 2005, and any adjournment thereof.
You are encouraged to specify your choices by marking the appropriate boxes BELOW. If you do not mark any boxes, your Proxy will be voted in accordance with the Board of Trustees’ recommendations. Please sign, date and return this card. The Board of Directors recommends a vote FOR the proposals.
To vote by Telephone
· Read the Proxy Statement and have the proxy card below at hand.
· Call the number indicated on this card.
· Enter the 12-digit control number set forth on the proxy card and follow the simple instructions.
To vote by Mail
· Read the Proxy Statement.
· Check the appropriate boxes on the proxy card.
· Sign and date the proxy card.
· Return the proxy card in the envelope provided.
________________________________________________________________________________________________________
Please mark your votes as in this example. ý
Proposal | For | Against | Abstain |
1. Approval of the Plan of Reorganization of the Fund into a similar series of Northern Lights Fund Trust. | o | o | o |
2. To transact such other business as may properly come before the Special Meeting, or any adjournment thereof. | o | o | o |
This proxy when properly executed will be voted in the manner directed herein by the undersigned shareholder. If no direction is made, this proxy will be voted FOR Proposal 1. By signing and dating the lower portion of this Proxy Card, you authorize the proxies to vote the Proposal as marked, or if not marked to vote FOR the Proposal, and to take their discretion to vote any other matter as may properly come before the Special Meeting. If you do not intend to personally attend the Special Meeting, please complete and mail this Proxy Card at one in the enclosed envelope.
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Signature Date Signature Date
NOTE: Please sign your name exactly as your shareholder name or names appear on the account. This will authorize the voting of your shares as indicated. Where shares are registered with joint owners, all joint owners should sign. Persons signing as executors, administrators, trustees, etc. should so indicate.
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