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New Class of Shares Available for Wintergreen Fund Investors

January 4th, 2012

We are pleased to announce that Wintergreen Fund (the "Fund") has created a new class of shares effective December 30, 2011 — the Institutional Class. The Institutional Class of shares has the same management fee as the Investor Class shares but is not subject to the Fund's 12b-1 (Distribution/Service) fee, which was approximately 0.21% during the last fiscal year, resulting in lower overall expenses to be paid by the Institutional Class shareholder. The ticker for the new class of shares is "WGRIX" and both classes of shares are invested in the same underlying portfolio.

Guidelines for Choosing a Share Class:

Institutional Class — WGRIX

The minimum initial investment for this class is $100,000. Your entire purchase price is invested in Fund shares at the net asset value ("NAV") per share of the Institutional Class. As noted within the Fund's prospectus, Shareholders in Institutional Class shares do not pay any 12b-1 (Distribution/Service) fees. Institutional Class shares may not be available at all financial intermediaries. See the "Fees and Expenses of the Fund" table in the Fund's prospectus for expenses for both Class shares.

Investor Class — WGRNX

The minimum initial investment for this class is $10,000 for regular accounts and $3,000 for IRA's ($2,000 for Coverdell accounts). Your entire purchase price is invested in Fund shares at the NAV per share of the Investor Class. Shareholders in the Investor Class shares also pay distribution (12b-1) fees of up to 0.25%. See "Distribution (12b-1) and Service Fees" in the Fund's prospectus.

Converting from Investor Class to Institutional Class Shares

If the current market value of your accounts in the Investor Class is at least $100,000, you may elect to convert the accounts from Investor Class to Institutional Class shares in the Fund on the basis of relative NAVs. Converting from Investor Class to Institutional Class shares may not be available at certain financial intermediaries, or there may be additional costs involved associated with this conversion charged by your financial intermediary. There is no fee for converting accounts held directly with the Fund. Because the NAV per share of the Institutional Class shares may be higher or lower than that of the Investor Class shares at the time of conversion, although the total dollar value will be the same, a shareholder may receive more or fewer Institutional Class shares than the number of Investor Class shares converted.

You may convert from Investor Class to Institutional Class shares by calling Wintergreen Fund at 1-888-468-6473 or your financial intermediary if you don't have a direct account with the Fund. If the total market value of your Institutional Class shares account declines to less than $100,000 due to a redemption, we may convert your Institutional Class shares into Investor Class shares of the Fund on the basis of relative NAV's. Although the total dollar value will be the same, a shareholder may receive more or fewer Investor Class shares than the number of Institutional Class shares converted. Please see "Shareholder Information" in the Fund's prospectus. A conversion from Investor Class shares to Institutional Class shares of the Fund or from Institutional Class shares to Investor Class shares of the Fund pursuant to the preceding paragraphs should generally not be a taxable exchange for federal income tax purposes. Please contact your tax advisor or accountant to discuss your specific situation.

The Fund's current prospectus and summary prospectus may be viewed by visiting our literature tab or clicking here.

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