First Investors Tax Exempt Funds Win 2011 Lipper Fund Awards

New York, NY, April 19, 2011 - Two First Investors tax exempt mutual funds, managed by First Investors Management Company, Inc., have won a total of three prestigious 2011 Lipper Fund Awards.

The First Investors Minnesota Tax Exempt Fund, Class A, was recognized as the top fund among 52 funds for consistent return in the Single-State Insured Municipal Debt Fund category for the 10-year period ending December 31, 2010. The First Investors North Carolina Tax Exempt Fund, Class A, was recognized as the top Single-State Insured Municipal Debt Fund out of 52 funds in two categories: for the 3-year period ending December 31, 2010 and for the 5-year period ending December 31, 2010.

The winners were chosen from among all funds registered for sale in the United States with at least 36 months of performance history as of December 31, 2010. The Lipper Fund Awards honor individual mutual funds that Lipper believes have delivered "consistently strong risk-adjusted performance" relative to their peers over a given time period. Lipper presents the awards each year at ceremonies held in 22 countries around the world.

Lipper uses a proprietary fund rating system to determine the winning funds. This ensures that the Lipper Fund Awards are both performance-based and objective. The leading fund for consistent return value within each of the eligible classifications determines the winner over three, five or ten years. Sales charges are not taken into account in the calculation of fund rankings.

Robert M. Flanagan, President of First Investors Corporation, says that while First Investors doesn't usually tout the performance of its funds, "We are very proud of the results that portfolio manager Clark Wagner has achieved for the funds' shareholders and we appreciate the recognition Lipper has provided."

Lipper, a Thomson Reuters Company, is not affiliated with First Investors Corporation. First Investors has been serving the financial needs of its clients since 1930. Through the personalized service of financial services representatives located in a nationwide network of offices, First Investors offers a range of products and services, including mutual funds, annuities and life insurance.

For more information about First Investors investments, you may obtain a free prospectus by contacting your financial services representative, writing to the address below, calling (800) 423-4026 or visiting our website at www.firstinvestors.com. You should consider the investment objectives, risks, charges and expenses carefully before you invest or send money. An investment in a mutual fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency. Past performance does not guarantee future results.

First Investors Corporation
First Investors Life Insurance Company
110 Wall Street
New York, NY 10005
www.firstinvestors.com

First Investors has been in business since 1930. During that time we have successfully navigated many difficult economic periods in our nation’s history. Through the personalized service of financial services representatives located in our nationwide network of offices, First Investors uses a face-to-face approach to offer a range of products and services, including mutual funds, annuities and life insurance. Our representatives understand the cyclical nature of the markets, and work closely with clients to establish a disciplined approach to achieving long-term financial goals.

For more information on any First Investors fund, you may obtain a free prospectus by calling (800) 423-4026; writing to First Investors Corporation, 110 Wall Street, New York, NY 10005; or visiting the website www.firstinvestors.com. You should consider the investment objectives, risks, charges and expenses of the fund carefully before investing. The prospectus contains this and other information about the fund, and should be read carefully before investing. An investment in a fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency. Past performance is no guarantee of future results.

First Investors Corporation
Executive Office
110 Wall Street
New York, NY 10005
(800) 423-4026
www.firstinvestors.com

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