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HOW TO PARTICIPATE

To participate in Virginia SNAP Program, you must complete the following steps:

*The SNAP Fund is a class of the Prime Series, a series of PFM Funds. Prior to September 29, 2008, PFM Funds was named the Commonwealth Cash Reserve Fund, Inc.



The information herein is not an offer to sell, or to solicit an offer to purchase, any securities by anyone in any jurisdiction in which such offer or solicitation is not authorized, or in which PFM Asset Management LLC or the person making such offer is not qualified to do so, or to anyone to whom it is unlawful to make such an offer or solicitation, or to anyone in any jurisdiction outside the United States. Investors should consider the investment objectives, risks, charges and expenses before investing in the Fund. This and other information about the Fund is available in the Fund's current Prospectus, which should be read carefully before investing. Investments in SNAP Fund are offered only by means of the current Prospectus, copies of which are available online at www.vasnap.com or by sending a request to the Fund's Distributor at: Virginia SNAP c/o PFM Fund Distributors, Inc., Distributor, One Keystone Plaza, Suite 300, North Front & Market Streets, Harrisburg, PA 17101.

The SNAP Fund is a class of the Prime Series of PFM Funds. An investment in the Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency. Although the Fund seeks to preserve the value of investments at $1.00 per share, it is possible to lose money by investing in the Fund. PFM Fund Distributors, Inc., member of the Financial Industry Regulatory Authority (FINRA) (www.finra.org), serves as the Fund's Distributor. PFM Fund Distributors, Inc. is a wholly owned subsidiary of PFM Asset Management LLC.

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