March 2007 Monthly Update Premium / Performance NAV Market Price (Discount) ----------- ------------ ------------ ------------ Beginning of month value $ 5.67 $ 5.49 -3.2% Distributions - - End of month value $ 5.68 $ 5.48 -3.5% Performance for month 0.2% (0.2%) Performance year-to-date 2.5% 4.8%For daily data visit the Fund's website at www.all-starfunds.com or call 1-800-241-1850. The Fund's daily NAV is also available by using the symbol XASGX.
Total $ 156.3 Equities $ 153.3 Percent Invested in Equities 98.1% ============= Top 20 Holdings at Month-End (28.8% of equity portfolio) ------------------------------------------------------- (Rank from previous month) 1 Genentech (1) 2.1% 11 Cisco Systems (10) 1.4% 2 Affiliated Managers Group (2) 1.9% 12 Cognizant Technology Solutions (8) 1.4% 3 ResMed (5) 1.8% 13 Danaher (12) 1.3% 4 Resources Connection (4) 1.7% 14 Paychex (9) 1.3% 5 PepsiCo (14) 1.6% 15 Walgreen (15) 1.2% 6 Corporate Executive Board (3) 1.6% 16 ANSYS (21) 1.2% 7 NIKE (6) 1.5% 17 Johnson Controls (16) 1.2% 8 Fastenal (7) 1.5% 18 Alliance Data Systems (19) 1.1% 9 GFI Group (13) 1.4% 19 Adobe Systems (23) 1.1% 10 Goldman Sachs (11) 1.4% 20 Bright Horizons (22) 1.1% Sector Breakdown (% of equity portfolio) * New Holdings --------------------------------------- ------------ Information Technology 25.0% Allegheny Technologies Consumer Discretionary 18.5% Allergan Health Care 16.8% Baidu.com Industrials 16.6% BigBand Networks Financials 10.8% Brocade Communications Systems Energy 6.6% Clearwire Consumer Staples 3.2% Pharmanet Development Group Materials 1.3% Precision Castparts Telecommunication Services 1.2% ----- 100.0% Holdings Liquidated ------------------- Equinix Guitar Center Hub International Jackson Hewitt Tax Service Kinetic Concepts Opsware WebEx Communications*Based on Standard & Poor's and Morgan Stanley Capital International Global Industry Classification Standard (GICS).
Contact Information: Contact: Liberty All-Star® Growth Fund, Inc. 617-426-1745 www.all-starfunds.com