RiskMetrics Group Supports Fairview Capital Candidates

Fairview Capital Investment Management announced that RiskMetrics Group/ISS Governance Services, a proxy advisory firm, recommends that its clients support all of Fairview's independent director nominees - Scott Clark and Bruce Ginsberg - by voting for them on the Gold proxy card at Mac-Gray Corp.'s 2009 Annual Meeting of Stockholders to be held on May 8.

"We are extremely pleased that RiskMetrics supports the election of all of Fairview's independent director nominees," said Andrew Mathieson, Fairview's founder and President. "This recommendation reaffirms our strong belief that Mac-Gray stockholders need a fresh voice in the boardroom. RiskMetrics recognizes, as we do, that our independent director nominees are the best choice to represent all stockholders of Mac-Gray and to deliver stockholder value. We strongly urge all Mac-Gray stockholders to vote FOR our highly-qualified director nominees on the Gold proxy card today."

In its April 24 report recommending that Mac-Gray stockholders elect all of the Fairview's nominees.

Additionally, RiskMetrics noted that "we realize that an unintended consequence of a classified board structure in this instance could result in the removal of the company's CEO/Chairman Stewart MacDonald from the board. However, we note the company's bylaws would permit the board size to be increased to nine thereby giving the board the opportunity to appoint MacDonald as a director."

Fairview urges stockholders to follow the RiskMetrics recommendation by voting the Gold proxy card today--by telephone, Internet, or by signing, dating and returning the Gold proxy card. For additional information on how to vote their shares, stockholders should call Innisfree M&A Incorporated, toll-free, at (888) 750-5834.

Fairview is an SEC-registered independent investment advisor founded in 1995 and located in Greenbrae, CA.

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