Weitz launches Institutional Share Classes for Value Fund and Partners Value Fund

OMAHA, NE, August 14, 2014-- Weitz Investment Management, Inc. today announced that the firm has launched Institutional Share Classes for Weitz Value Fund and Weitz Partners Value Fund. The new share classes were added to the funds to provide investment opportunities for institutional entities at lower expense ratios than investor class shares.

The new ticker for Weitz Value Fund's Institutional Share Class is WVAIX, and the new ticker for Weitz Partners Value Fund's Institutional Share Class is WPVIX.

The Institutional Share Class is available to all investors with an initial minimum investment of $1,000,000 per fund account. The same investment strategy, research team, investment process and portfolio holdings are employed regardless of share class. The Institutional Share class is designed to be operated at a lower total expense ratio than the Investor Share Class.

For more information on Weitz Funds, call a client service representative at 800-304-9745, or email clientservices@weitzinvestments.com.

About Weitz Funds
Weitz Investment Management, Inc. was started in 1983 with about $11 million under management. The firm, a registered investment adviser, now manages more than $6 billion for the Weitz Funds, individuals, corporations, pension plans, foundations, and endowments.

The Weitz family of funds includes the Weitz Value Fund (WVAIX and WVALX), Weitz PartnersValue Fund (WPVIX and WPVLX), Weitz Partners III Opportunity Fund (WPOPX and WPOIX), Weitz Research Fund (WRESX), Weitz Hickory Fund (WEHIX), Weitz Balanced Fund (WBALX), Weitz Core Plus Income Fund (WCPBX and WCPNX)Weitz Short-Intermediate Income Fund (WEFIX and WSHNX), Weitz Nebraska Tax-Free Income Fund (WNTFX), and the Weitz Government Money Market Fund (WGMXX).

Portfolio holdings and asset allocation are subject to change at any time. Current and future portfolio holdings are subject to risk. Investors should consider carefully the investment objectives, risks, and charges and expenses of each Fund before investing. The Funds’ Prospectus or Summary Prospectus contains this and other information about each Fund. The Prospectus or Summary Prospectus should be read carefully before investing. Weitz Securities, Inc. is the distributor of the Weitz Funds. A Prospectus or Summary Prospectus and additional information is available from the Weitz Funds, 1125 South 103rd Street, Suite 200, Omaha, NE 68124-1071 or weitzfunds.com. You may call us at (402) 391-1980 or (800) 304-9745
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