2008 Distribution Dates:

	Record Date	Reinvest Date	Payable Date
1st Quarter March 17, 2008 March 18, 2008 March 18, 2008 2nd Quarter June 17, 2008 June 18, 2008 June 18, 2008 3rd Quarter September 17, 2008 September 18, 2008 September 18, 2008 4th Quarter December 17, 2008 December 18, 2008 December 18, 2008

Distributions:

Second Quarter 2008 Distributions

Record Date:   06/17/08 Reinvest Date:   06/18/08 Payable Date:   06/18/08 Buffalo Balanced Fund $0.08765 -- $0.08765 -- $0.08765 $11.88 Buffalo Jayhawk China Fund $0.01521 $0.15624 $0.01521 $0.10239 $0.27384 $9.69 Buffalo Large Cap Fund -- -- -- $1.91591 $1.91591 $17.73 Buffalo USA Global Fund $0.02377 -- $0.02377 -- $0.02377 $22.22 Buffalo High Yield Fund $0.05006 -- $0.05006 $0.08378 $0.13384 $10.38 Buffalo International Fund $0.09296 $0.00501 $0.09296 -- $0.09797 $9.70 Buffalo Mid Cap Fund -- -- -- $0.17900 $0.17900 $13.52 Buffalo Small Cap Fund -- -- -- $0.75788 $0.75788 $21.08 Buffalo Science and Technology Fund -- $0.07126 -- $0.12528 $0.19654 $12.14

Distributions by Quarter:

Second Quarter 2008 Distributions

Choose a Quarter 2nd Quarter 2008 1st Quarter 2008 3rd Quarter 2007 2nd Quarter 2007 1st Quarter 2007 3rd Quarter 2006 2nd Quarter 2006 1st Quarter 2006 3rd Quarter 2005 2nd Quarter 2005 1st Quarter 2005 3rd Quarter 2004 2nd Quarter 2004 1st Quarter 2004 3rd Quarter 2003 2nd Quarter 2003 1st Quarter 2003 3rd Quarter 2002 2nd Quarter 2002 1st Quarter 2002 3rd Quarter 2001 2nd Quarter 2001 1st Quarter 2001 3rd Quarter 2000 2nd Quarter 2000 1st Quarter 2000 3rd Quarter 1999 2nd Quarter 1999 1st Quarter 1999 3rd Quarter 1998

Record Date:  06/17/08 Reinvest Date:  06/18/08 Payable Date:  06/18/08 Buffalo Balanced Fund $0.08765 -- $0.08765 -- $0.08765 $11.88 Buffalo Jayhawk China Fund $0.01521 $0.15624 $0.01521 $0.10239 $0.27384 $9.69 Buffalo Large Cap Fund -- -- -- $1.91591 $1.91591 $17.73 Buffalo USA Global Fund $0.02377 -- $0.02377 -- $0.02377 $22.22 Buffalo High Yield Fund $0.05006 -- $0.05006 $0.08378 $0.13384 $10.38 Buffalo International Fund $0.09296 $0.00501 $0.09296 -- $0.09797 $9.70 Buffalo Mid Cap Fund -- -- -- $0.17900 $0.17900 $13.52 Buffalo Small Cap Fund -- -- -- $0.75788 $0.75788 $21.08 Buffalo Science and Technology Fund -- $0.07126 -- $0.12528 $0.19654 $12.14

Year - End Distributions:

2007 Year - End Distributions

2007 Year - End 2006 Year - End 2005 Year - End 2004 Year - End 2003 Year - End 2002 Year - End 2001 Year - End 2000 Year - End 1999 Year - End 1998 Year - End 1997 Year - End

Record Date:  12/17/07 Reinvest Date:  12/18/07 Payable Date:  12/18/07 Buffalo Balanced Fund $0.15739870 $0.02638 $0.15739870 $0.26638 $0.4501587 $11.90 Buffalo Jayhawk China Fund -- $0.82211 -- -- $0.82211 $12.10 Buffalo Large Cap Fund -- -- -- $0.34569 $0.34569 $21.57 Buffalo USA Global Fund $0.04799693 -- $0.04799693 $0.05611 $0.10410693 $23.01 Buffalo High Yield Fund $0.16484932 -- $0.16484932 $0.03374 $0.19858932 $10.85 Buffalo Mid Cap Fund -- $0.10022 -- $1.11903 $1.21925 $15.32 Buffalo Micro Cap Fund -- -- -- $1.02578 $1.02578 $10.28 Buffalo Small Cap Fund -- $0.27699 -- $2.37972 $2.65671 $23.94 Buffalo Science and Technology Fund -- $0.16525 -- $0.58416 $0.74941 $13.25

Please click here for standardized performance and 30-day SEC yields for each fund.

Data represented reflects past performance and is no guarantee of future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance of the fund may be lower or higher than the performance quoted. Performance data current to the most recent month end may be obtained by clicking here.

The Buffalo High Yield, Buffalo Micro Cap or Buffalo Small Cap Funds impose a 2.00% redemption fee on shares held for less than 180 days. The Buffalo Balanced, Buffalo Large Cap, Buffalo Mid Cap, Buffalo Science & Technology, Bulffalo USA Global, Buffalo Jayhawk China or Buffalo International Funds impose a 2.00% redemption fee on shares held for less than 60 days. Performance data does not reflect the redemption fee. If reflected, total returns would be reduced.