BOSTON--(BUSINESS WIRE)--On July 17, 2008, the Board of Trustees of H&Q Life Sciences Investors (the “Fund”) adopted amendments to the By-laws of the Fund. The Trustees determined that the By-laws should be updated in order to ensure an orderly and informed shareholder meeting process for all participating shareholders. Generally, the amendments: (i) provide that holders of a majority of shares of the Fund entitled to vote at a meeting will be required to call a special meeting of shareholders, (ii) further specify the process for calling such a meeting, and (iii) establish time periods and information requirements for the submission of shareholder proposals (other than pursuant to regulations of the U.S. Securities and Exchange Commission (the “SEC”)).
