Arthur G. Altschul

ALTSCHUL-Arthur G. The Directors, officers and staff of General American Investors Company, Inc. are deeply saddened by the passing of our esteemed colleague and mentor, Arthur G. Altschul, who served the Company for fifty years as a Director, including thirty-four years as Chairman of the Board, and as Chairman Emeritus. He provided steady leadership and guidance through many stock market cycles and was a constant source of support and encouragement. We extend our heartfelt sympathy to his wife, Patricia, his children, Stephen (and his family), Charles, Arthur, Jr. (a member of our Board), Emily and Serena, and his stepson, Whitney Smith. Lawrence B. Buttenwieser, Chairman, Board of Directors