Kenneth Orchard is a senior portfolio manager in the Fixed Income Division of T. Rowe Price and a member of the Global Fixed Income Investment Team. He is the portfolio manager for the Global Multi-Sector Bond and Diversified Income Bond Strategies and co-portfolio manager for the International Bond Strategies. Mr. Orchard earned a B.A. in international relations from the University of British Columbia and an M.Sc. in public financial policy from the London School of Economics. He has also earned the Chartered Financial Analyst designation.

Andrew Keirle is a vice president of T. Rowe Price Group, Inc. and T. Rowe Price International Ltd. He is a portfolio manager of the T. Rowe Price Emerging Markets Local Currency Bond Fund and chairman of the fund's Investment Advisory Committee. Before joining T. Rowe Price in 2005, he was a portfolio manager and analyst at Lazard Asset Management. Prior to joining Lazard, Andrew spent seven years as a global portfolio manager at Gulf International Bank in London. He is a qualified member of the Institute of Investment Management and Research, and he also holds a diploma from the Society of Technical Analysts. Andrew graduated from the University of Swansea at the University of Wales in 1996 with a B.Sc. in economics and politics.