Rolls-Royce has announced changes that will impact the Rolls-Royce North America 401(k) Savings Plan (the "Plan").

Three current investment funds will shift over from Class K shares to Commingled Pool shares. The funds impacted are Diversified International Fund, Growth Company Fund, and Low-Priced Stock Fund. This transfer will take place as of the market close on November 14, 2014.

To discuss these changes to the Rolls-Royce 401(k) plan and how it may impact your investment allocation, do not hesitate to contact Mainstay toll-free at 1-866-444-6246.