H&Q Life Sciences Investors announced that it plans to hold a special meeting of shareholders to amend its Declaration of Trust. This meeting is tentatively scheduled for May 3, 2011 with a record date of March 25, 2011. H&Q Life Sciences Investors is a closed-end fund that invests in public and private companies in the life sciences industry. Hambrecht & Quist Capital Management LLC, based in Boston, serves as Investment Adviser to the Fund. Shares of the Fund can be purchased on the New York Stock Exchange through any securities broker. For additional information, please consult www.hqcm.com or call (617) 772-8500.