The investment team of Eric Ende, Steven Geist and Greg Herr will host a 1st quarter 2012 conference call for FPA Paramount Fund, Inc. (Nasdaq: FPRAX) and FPA Perennial Fund, Inc. (Nasdaq: FPPFX), mutual funds managed by FPA, and for Source Capital, Inc. (NYSE: SOR), a closed-end investment company managed by FPA, on Wednesday, April 25, 2012, at 1 p.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/844143441

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 $19.6 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 four open-end mutual funds: FPA Capital Fund, Inc. (Nasdaq: FPPTX), FPA Funds Trust’s FPA Crescent Fund (Nasdaq: FPACX), FPA Funds Trust’s FPA International Value Fund (Nasdaq: FPIVX) and FPA New Income, Inc. (Nasdaq: FPNIX). More information on FPA and the FPA Funds is available at www.fpafunds.com.