Provident Riverfront Funds
Special Capital Gains Distribution

In preparation for the proposed reorganization of Provident Riverfront Funds into Armada Funds effective on or about October 11, 2004, capital gains will be distributed to shareholders of the Riverfront U.S. Government Fund. The capital gain distribution schedule is as follows:

Record Date: October 1, 2004
Ex-Date: October 4, 2004
Pay Date: October 5, 2004

Estimated Capital Gains for Riverfront U.S. Government Fund (as of 9/30/2004)

	CUSIP Number	Total Capital Gains per Share	Short-Term Gains	Long-Term Gains
A Shares	744037888	$0.207885	$0.013128	$0.194757
B Shares	744037870	$0.207885	$0.013128	$0.194757

These are only estimates and are subject to change. These dollar amounts do not reflect Net Investment Income. Many factors affect capital gain distributions that are not known at this time such as additions and deletions to the shareholder base between now and the record date. Capital gains are not taxable if shares are held in a nontaxable account such as an IRA.

Questions?

• Call 800-424-2295

NOT FDIC INSURED · NO BANK GUARANTEE · MAY LOSE VALUE

You should consider the investment objectives, risks, charges and expenses of the Provident Riverfront Funds carefully before investing. A prospectus with this and other information about the Funds may be obtained by calling 800-424-2295 or downloading one at www.armadafunds.com. Please read it carefully before you invest or send money.

National City Investment Management Company (IMC) serves as investment adviser to Provident Riverfront Funds, for which it receives an investment advisory fee. Provident Riverfront Funds are distributed by Edgewood Services, Inc, which is independent of The Provident Bank and its affiliates.

For Institutional Investors Only, As Defined by Rule 2211. Do not give, show or quote to any other person. Not to be used with Retail Investors.