Leading Healthcare Manager Joins Bailard

FOSTER CITY, CA, September 19, 2005 - Bailard, Inc. announced today that Selena Chaisson, M.D. has accepted a position on their asset management team, focusing on highly specialized, emerging healthcare opportunities.

“Emerging companies, in particular, offer tremendous growth potential in the current environment”, said Dr. Chaisson. “I look forward to focusing on these areas with the support of the Bailard research team.”

Dr. Chaisson will join Bailard at the end of September, upon completing a transition of her current responsibilities at RCM. Dr. Chaisson was RCM’s Global Sector Head of the Healthcare research team and lead analyst and manager of the RCM Biotechnology and RCM Global Healthcare funds. Dr. Chaisson also worked with RCM from 1994-99, during which time she helped establish the RCM Biotechnology and RCM Global Healthcare funds. In 1999, Selena left RCM to join Julian Robertson’s investment team at Tiger Management. In 2002, Selena started her own firm, Coyote Capital, where she successfully launched and managed her own hedge fund and provided investment advisory services to SAC. Selena received a BS from Louisiana State University in Baton Rouge, LA, where she graduated Summa Cum Laude. Dr. Chaisson earned her MBA and MD from Stanford University in 1992 and 1993, respectively.

Peter Hill, Bailard’s Chief Investment Officer noted, “Working with a proven leader in the healthcare world will facilitate our strategy of seeking investment opportunities in those areas of the public and private markets which are often overlooked. We are looking forward to having Selena on board.”

About Bailard
Founded in 1969, Bailard offers innovative investment solutions for the unique needs of institutional and individual investors. From traditional investments to specialty products, Bailard puts its experience and passion for innovation to work in pursuit of intelligently designed products; solid, consistent results; and ever greater value for its clients. For more information, visit www.bailard.com.

Contact: Public Relations at Bailard, Inc. (650) 571-5800 or pr@bailard.com.