February 2007 Monthly Update Premium / Performance NAV Market Price (Discount) ----------- ----- ------------ ----------- Beginning of month value $5.86 $5.55 -5.3% Distributions (Ex-Date February 28) $0.15 $0.15 End of month value $5.67 $5.49 -3.2% Performance for month (0.7%) 1.6% Performance year-to-date 2.3% 5.0% For daily data visit the Fund's website at www.all-starfunds.com or call 1-800-241-1850. Daily NAV is available under the symbol XASGX. Net Assets at Month-End ($millions) Total $156.2 Equities $157.8 Percent Invested in Equities 101.1% Top 20 Holdings at Month-End (28.8% of equity portfolio) -------------------------------------------------------- (Rank from previous month) 1 Genentech (1) 2.3% 11 Goldman Sachs (8) 1.4% 2 Affiliated Managers Group (2) 2.1% 12 Danaher (12) 1.3% 3 Corporate Executive Board (3) 1.8% 13 GFI Group (16) 1.3% 4 Resources Connection (5) 1.7% 14 PepsiCo (13) 1.2% 5 ResMed (4) 1.7% 15 Walgreen (14) 1.2% 6 NIKE (7) 1.5% 16 Johnson Controls (17) 1.2% 7 Fastenal (6) 1.5% 17 Taiwan 8 Cognizant Technology Semiconductor (20) 1.1% Solutions (11) 1.4% 18 Amgen (15) 1.1% 9 Paychex (10) 1.4% 19 Alliance Data 10 Cisco Systems (9) 1.4% Systems (26) 1.1% 20 Jabil Circuit (31) 1.1% Sector Breakdown (% of equity portfolio) * New Holdings ------------------------------------------ ------------ Information Technology 26.2% Accuray Consumer Discretionary 18.3% Coach Health Care 17.0% Core Laboratories Industrials 16.4% Home Inns & Hotels Management Financials 11.2% InterMune Energy 6.3% Consumer Staples 2.7% Holdings Liquidated Materials 1.0% ------------------- Telecommunication Services 0.9% 3M 100.0% Cognex ----- Golar LNG Hydril Whole Foods Market * Based on Standard & Poor's and Morgan Stanley Capital International Global Industry Classification Standard (GICS).
Contact Information: Contact: Liberty All-Star® Growth Fund, Inc. 617-426-1745 www.all-starfunds.com