Allison Transmission has announced fund changes that impact the Allison Transmission Salaried Employee Retirement Savings Plan and Allison Transmission Hourly Employee Savings Plan (“the Plans”). Several investment options in the Plans will change share class. Investment strategies and risks for these funds will be similar, but the overall expenses for the investment options will be lower.

These changes will be effective as of the close of business on June 25, 2014. Contact Mainstay toll-free at 1-866-444-6246 to discuss the impact these changes may have on your portfolio.