Northern Trust's Justin Chapman Appointed as Member and Custodian Representative to SWIFT (UK) Ltd Board of Directors

LONDON, March 22, 2010 - Northern Trust (Nasdaq: NTRS) announces today that Justin Chapman, global
head of process management at Northern Trust, has been appointed to represent
the securities community on the UK board of the Society for Worldwide
Interbank Financial Telecommunication (SWIFT). Chapman, currently the
custodian representative appointed to the Board of 12 directors, is also the
co-chairman of the SWIFT (UK) Ltd Securities Product User Group, established
to work with the UK board to advise SWIFT on its securities strategy.

SWIFT (UK) Ltd, which represents the UK community of SWIFT users, aims to
support the community by identifying and researching current and emerging
issues, lobbying and influencing key stakeholders and setting the UK strategy
for SWIFT.

"I am delighted to represent the UK SWIFT securities community on the
board of SWIFT UK Ltd," says Chapman. "There have been calls from across the
industry to provide greater transparency, standardisation and straight
through processing (STP) for securities transactions throughout the
securities processing lifecycle. Being involved in providing guidance and
recommendations on these and other challenges and responding to the trends
affecting securities processing is vital as the industry continues to
evolve."

Chapman, who joined Northern Trust in 2005, heads up the team responsible
for strategic implementation and change management across the core custody
operations. Previous industry appointments have included terms as chairman of
the Industry Standardisation for Institutional Trade Communication ("ISITC")
and chairman of the subcommittee Corporate Actions Working Group.

SWIFT is a global provider of secure financial messaging services to over
8000 banking organisations, securities institutions and corporate customers
in more than 208 countries. SWIFT enables its customers to automate and
standardise financial transactions, thereby lowering costs, reducing
operational risk and eliminating inefficiencies from their operations.

About Northern Trust

Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of
investment management, asset and fund administration, banking solutions and
fiduciary services for corporations, institutions and affluent individuals
worldwide. Northern Trust, a financial holding company based in Chicago, has
offices in 18 U.S. states and 16 international locations in North America,
Europe, the Middle East and the Asia-Pacific region. As of December 31, 2009,
Northern Trust had assets under custody of US$3.7 trillion, and assets under
investment management of US$627.2 billion. For 120 years, Northern Trust 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 International Fund Administration Services (Ireland)
      Limited and Northern Trust Fiduciary Services (Ireland) Limited are
      regulated by the Financial Regulator.
    - Northern Trust Global Services Limited has a Netherlands Branch which
      is authorised and regulated in the Netherlands by De Nederlandsche
      Bank.
    - Northern Trust Global Services Limited has a Luxembourg Branch which is
      authorised and regulated by the Commission de Surveillance du Secteur
      Financier (CSSF).
    - Northern Trust Luxembourg Management Company S.A. is regulated by the
      Commission de Surveillance du Secteur Financier (CSSF).
    - Northern Trust Global Services Limited operates in Abu Dhabi as a
      Representative Office, Licence number 13/238/2008 which is authorised
      and regulated by the Central Bank of the United Arab Emirates.
    - The Northern Trust Company operates in Canada as The Northern Trust
      Company, Canada Branch which is an authorized foreign bank branch under
      the Bank Act (Canada). Trustee related services in Canada are provided
      by the wholly owned subsidiary The Northern Trust Company, Canada, an
      authorized trust company under the Trust & Loans Companies Act
      (Canada). Deposits with The Northern Trust Company and its affiliates
      and subsidiaries are not insured by the Canada Deposit Insurance
      Corporation.
    - The Northern Trust Company operates in Australia as a foreign
      authorised deposit-taking institution (foreign ADI) and is regulated by
      the Australian Prudential Regulation Authority.
    - The Northern Trust Company of Hong Kong Limited is a securities company
      regulated by the Securities and Futures Commission.
    - The Northern Trust Company has a Singapore Branch which is a foreign
      wholesale bank regulated by the Monetary Authority of Singapore.
    - The Northern Trust Company operates in China as a Representative Office
      and is regulated by the China Banking Regulatory Commission.
    - Northern Trust Global Investments Japan, K.K. is regulated by the Japan
      Financial Services Agency.
    - Northern Trust Global Services Ltd (UK) Sweden Filial is Authorised by
      the Financial Services Authority and subject to regulation by the
      Finansinspektionen.

EMEA, Camilla Greene, +44-(0)-207-982-2176, Camilla_Greene at ntrs.com, or US, Canada & APAC, John O'Connell, +1-312-444-2388, John_O'Connell at ntrs.com, both of Northern Trust