Northern Trust Makes Senior Appointment in Luxembourg Office

LONDON - Revel Wood named head of client service and business development, and
deputy MD

Northern Trust has appointed Revel Wood to the newly created positions of
head of client service and business development in Luxembourg, and deputy
Managing Director for Northern Trust’s Luxembourg office.

In his new role, Mr. Wood will assume overall responsibility for Northern
Trust’s products and client service in the region and will also serve on the
Board of Directors of the company. He reports to Patrice Gilson, who was
named country head for Northern Trust Luxembourg in October, 2008.

Mr. Wood joined Northern Trust in 2004, and prior to his new role, was
global head of derivatives product management, in London, where he was
instrumental in developing Northern Trust’s derivatives servicing
capabilities, and responsible particularly for launching Northern Trust’s
derivative collateral management in 2007, and independent valuation services
in 2005. He has over 15 years’ industry experience, specialising in business
development, managing large programmes of change, and developing strategies
for derivatives and investment operations outsourcing services.

Patrice Gilson, Managing Director of Northern Trust’s Luxembourg
operations, said: “We are delighted to welcome Revel to the team in
Luxembourg. Revel’s experience in developing a global derivative platform and
investment operations outsource service will be invaluable in helping enhance
Northern Trust’s well-established local operations, in Luxembourg.”

Mr. Wood added: “I look forward to expanding our strong client
relationships, exploring new business opportunities, and offering new
services and products to clients’ in the region. Our local knowledge and
expertise are supported by the global strength and stability of the
organization, which ensures we are not only at the forefront of anticipating
the needs of institutional investors, but at the forefront of devising
solutions to suit their unique requirements.”

Northern Trust opened its Luxembourg branch office in 2004 to provide
custody and fund administration services, to clients across the region. It
became the first major custodian to obtain a license to establish a UCITS III
Management Company in Luxembourg, and in 2005, announced it was the first to
service a Cross-Border Tax-Transparent Fonds Commun de Placement (”FCP”), to
service a multinational clients’ Global Pension Plans.

About Northern Trust

Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of
investment management, asset and fund administration, fiduciary and banking
solutions for corporations, institutions and affluent individuals worldwide.
Northern Trust, a financial holding company based in Chicago, has a growing
network of 85 offices in 18 U.S. states and has international offices in 15
locations in North America, Europe, the Middle East and the Asia-Pacific
region. As of December 31, 2008, Northern Trust had assets under custody of
US$3.0 trillion, and assets under investment management of US$558.8 billion.
Northern Trust, founded in 1889, has earned distinction as an industry leader
in combining exceptional service and expertise with innovative products and
technology. For more information, visit www.northerntrust.com.

- Northern Trust (Guernsey) Limited, Northern Trust Fiduciary Services
(Guernsey) Limited, Northern Trust Fiduciary Company (Guernsey) Limited
and Northern Trust International Fund Administration Services
(Guernsey) Limited are licensed by the Guernsey Financial Services
Commission
- Northern Trust International Fund Administrators (Jersey) Limited and
Northern Trust Fiduciary Services (Jersey) Limited are regulated by the
Jersey Financial Services Commission
- Northern Trust Global Services is authorised and regulated in the
Netherlands by De Nederlandsche Bank
- Northern Trust Global Services Limited Luxembourg Branch is authorised
and regulated by the Financial Services Authority and in Luxembourg by
the Commission de Surveillance du Secteur Financier (CSSF) and Northern
Trust Luxembourg Management Company S.A. is regulated by the CSSF
- Northern Trust Global Services Limited - Abu Dhabi. Representative
Office, Licence number 13/238/2008
- Northern Trust operates in Australia as a foreign authorised
deposit-taking institution (foreign ADI) and is regulated by The
Australian Prudential Regulation Authority
- Northern Trust in Hong Kong is a securities company regulated by the
Securities and Futures Commission
- Northern Trust in Singapore is a foreign wholesale bank regulated by
the Monetary Authority of Singapore
- Northern Trust operates in China as a Representative Office and is
regulated by the China Banking Regulatory Commission
- Where Northern Trust’s UK entities undertake regulated business, they
are authorised and regulated in the United Kingdom by the Financial
Services Authority
- Northern Trust International Fund Administration Services (Ireland)
Limited and Northern Trust Fiduciary Services (Ireland) Limited are
each authorised by the Irish Financial Services Regulatory Authority
pursuant to section 10 of the Investment Intermediaries Act, 1995
(as amended)

Source: Northern Trust Corporation

EMEA & Asia Pacific, Camilla Greene, +44-(0)-20-7982-2176, cg81 at ntrs.com, or US & Canada, John O’Connell, +1-312-444-2388, jo45 at ntrs.com, or Kathleen Fitzgerald, +1-312-444-3094, kdf2 at ntrs.com, all of Northern Trust