Eric Ende and Steven Geist, Partners of First Pacific Advisors, LLC, and Portfolio Managers of FPA Paramount Fund, Inc. (Nasdaq: FPRAX) and FPA Perennial Fund, Inc. (Nasdaq: FPPFX), mutual funds managed by FPA, and of Source Capital, Inc. (NYSE: SOR), a closed-end investment company managed by FPA, will hold a 2nd quarter 2011 conference call on Wednesday, July 27, 2011, at 11 a.m. PDT, to discuss the portfolios they manage and to answer questions, as time permits, which may be submitted online upon registration.

To register for the Webinar and to submit questions, please go to

https://www1.gotomeeting.com/register/336736320

For the audio portion only, please dial in as instructed below

First Pacific Advisors, LLC, based in Los Angeles, employs a disciplined, value-oriented investment approach in managing more than $16.7 billion for institutional and mutual fund investors. In addition to FPA Paramount Fund, Inc., FPA Perennial Fund, Inc. and Source Capital, Inc., FPA serves as investment adviser to three open-end mutual funds: FPA Capital Fund, Inc. (Nasdaq: FPPTX), FPA Funds Trust’s FPA Crescent Fund (Nasdaq: FPACX) and FPA New Income, Inc. (Nasdaq: FPNIX). More information on FPA and the FPA Funds is available at www.fpafunds.com.