Bluegrass Portfolio Management, LLC adds BrokersXpress as choice of custodian

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) July 29, 2005 -- Bluegrass Portfolio Management, LLC has added online discount broker BrokersXpress as a choice of brokerage firms where clients may hold managed accounts. The addition of a new custodian allows greater flexibility for existing and potential clients, and in some cases, lower trading costs.

Bluegrass Portfolio Management, LLC - a Lexington, Kentucky based registered investment advisor - manages brokerage and retirement accounts for investors seeking better than average returns, while only assuming moderate risk. Their primary holdings are individual equities, and funds or ETFs are used to strategically diversify portfolios. BrokersXpress is a broker/dealer focused on servicing registered advisors, providing low-cost trading platforms, and a wide array of trading tools. The BrokersXpress platform and web technology is powered by OptionsXpress, the top-rated broker in Barron's 2003, 2004, and 2005 online broker survey. The creation of this new partnership will give Bluegrass Portfolio Management clients greater visibility in the money management process, and at the same time, provide superior real-time trading tools.