Weitz Hickory Fund Wins 2013 Lipper Fund Award

Fund Honored for Best 3-Year Record in Mid-Cap Core Category

OMAHA, Neb.--(BUSINESS WIRE)--Weitz & Company today announced that Weitz Hickory Fund (WEHIX) was the recipient of the 2013 Lipper Fund Award for best mid-cap core fund for the three year period ending December 31, 2012.

“We believe that our reasoned, value-based approach will yield strong, sustainable results over the long term and are proud of what our team has accomplished. We look forward to continuing to work hard for our clients.”

"We are honored to be recognized by Lipper for the Hickory Fund's performance over the last three years," said Wally Weitz, President of Weitz Funds. "We believe that our reasoned, value-based approach will yield strong, sustainable results over the long term and are proud of what our team has accomplished. We look forward to continuing to work hard for our clients."

For more information on Weitz Funds, please visit weitzfunds.com, call a client service representative at 800-304-9745 or email at [e-mail].

About Weitz Funds

Wallace R. Weitz & Company was started in 1983 with about $11 million under management. The firm, a registered investment adviser, now manages approximately $4.5 billion for the Weitz Funds, individuals, corporations, pension plans, foundations, and endowments.

The Weitz family of funds includes the Weitz Value Fund (WVALX), Weitz Partners Value Fund (WPVLX), Weitz Partners III Opportunity Fund (WPOPX and WPOIX), Weitz Research Fund (WRESX), Weitz Hickory Fund (WEHIX), Weitz Balanced Fund (WBALX), Weitz Short-Intermediate Income Fund (WEFIX and WSHNX), Weitz Nebraska Tax-Free Income Fund (WNTFX), and the Weitz Government Money Market Fund (WGMXX).

About Lipper Fund Awards

A Lipper Fund Award is awarded to one fund in each Lipper classification for achieving the strongest trend of consistent risk-adjusted performance against its classification peers over a three, five or ten-year period. Although Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Lipper. Users acknowledge that they have not relied upon any warranty, condition, guarantee, or representation made by Lipper. Any use of the data for analyzing, managing, or trading financial instruments is at the user’s own risk. This is not an offer to buy or sell securities. Lipper Analytical Services, Inc. is an independent mutual fund research and rating service.

The Lipper Fund Awards are part of the Thomson Reuters Awards for Excellence, a global family of awards that celebrate exceptional performance throughout the professional investment community. The Thomson Reuters Awards for Excellence recognize the world's top funds, fund management firms, sell-side firms, research analysts, and investor relations teams. The Thomson Reuters Awards for Excellence also include the Extel Survey Awards, the StarMine Analyst Awards, and the StarMine

Broker Rankings. For more information, please contact [e-mail] or visit excellence.thomsonreuters.com