Hennessy Funds Wins Three MFEA STAR Awards

NOVATO, Calif., Oct. 28 /PRNewswire/ -- Hennessy Advisors, Inc. (OTC Bulletin Board: HNNA), the investment manager of Hennessy Funds, is pleased to announce that Hennessy Funds has received three 2010 STAR Awards for excellence in mutual fund marketing and communications. The STAR Awards are presented annually by the Mutual Fund Education Alliance (MFEA), a national mutual fund industry trade association, and the awards have become a prestigious recognition of companies in the fund industry who excel in marketing, education and communications. Hennessy was named winner in the Small Company category for "Best Advisor Online Marketing Campaign" for their conference call entitled 'Compelling Reasons for Investing in Japan', for "Best Advisor Special Communications" for their commentary discussing Japan's political changes, and for "Best Prospectus/Annual Report."

"All of us at Hennessy Funds feel honored to once again receive multiple STAR Awards from such a well-respected industry association," said Neil Hennessy , President and CIO of Hennessy Funds. "Our goal is to provide consistent, easy to understand, and relevant information to both the Advisor community and to our Retail investors," he added.

About Hennessy Funds

Hennessy Funds is an equity asset management firm that offers investors a full line-up of quantitatively managed portfolios as well as a number of sub-advised, actively managed funds. Hennessy employs a consistent and repeatable investment process, combining time-tested stock selection strategies with a highly disciplined, team-managed approach, and offers investors a wide range of both domestic and international equity products.

Supplemental Information

The Funds' investment objectives, risks, charges and expenses must be considered carefully before investing. The prospectus contains this and other important information about the investment company, and it may be obtained by calling 1-800-966-4354. Please read it carefully before investing.

Mutual fund investing involves risk; principal loss is possible.

Quasar Distributors, LLC, Distributor.

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Neil J. Hennessy

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SOURCE Hennessy Advisors, Inc.

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