Under the Purchase Agreement, the Buyers will pay the Sellers an aggregate cash payment of $26,648,655, plus or minus a purchase price adjustment based on Prairie Capital's fee income and operating expenses. The Sellers also will be eligible to receive annual earn-out payments during the next five years calculated by multiplying the Adjusted Pre-Tax Income (as defined in Exhibit A to the Purchase Agreement) by the Growth Multiplier (as defined in Exhibit A to the Purchase Agreement) and by eight percent (8%).

Following the closing of the transaction, which is currently set for July 30, 2010, UMB Advisors will change its name to incorporate the Prairie name and will operate as an independent division in the UMB organization. Each of Mr. Kaufman, Mr. Schneider and Mr. Krizek will continue to serve as executive officers and managing directors of Prairie Capital. Under their employment agreements they will be subject to non-competition, non-solicitation and confidentiality provisions.

On June 30, 2010, UMB issued a press release announcing the transaction, a copy of which is attached as Exhibit 99.1 hereto.