SEI Named 'Most Innovative Fund Administrator' and 'Best Funds of Hedge Funds Administrator' at HFMWeek Hedge Fund Services Awards

Company Cited as a Finalist in Seven Award Categories

DUBAI, United Arab Emirates, November 1, 2010 - SEI (Nasdaq: SEIC) today announced that it was named "Most Innovative
Fund Administrator" and "Best Funds of Hedge Funds Administrator" in the 2010
HFMWeek US Hedge Fund Services Awards among service providers with over $30
billion in assets under administration. The awards, presented by industry
publication HFMWeek and held on Oct. 27 in New York, point to SEI's ongoing
leadership in providing innovative and technology-driven solutions that help
investment managers better adapt to evolving investor needs and an
increasingly challenging regulatory environment.

SEI was selected for the prestigious awards from a group of nominees that
included some of the industry's largest and most notable providers. SEI was
also recognised as a finalist in five additional awards categories, including
Single Manager, Middle Office, Client Service, Investor Servicing Technology
and Best Overall Administrator.

"We are honored to have won these two awards. Our mission is to provide
world-class solutions to our clients, and this is a great acknowledgement of
the investments we're making to deliver on that promise," said Steve Meyer,
Executive Vice President and Head of SEI's Investment Manager Services
division. "Our innovative technologies and processes aren't developed just
for the sake of innovation-they are undertaken with the goal of providing our
clients with ways to better manage their businesses, become more competitive,
and deliver a better experience to their investors. Serving our clients
continues to be our number one focus."

SEI provides a wide variety of services including fund accounting,
administration, and investor servicing using best-in-class technology
solutions. In addition, SEI provides a host of middle-office capabilities,
including liquidity and collateral management, portfolio compliance and risk
monitoring, and independent pricing and valuation validation. A key
innovation is SEI's extensive application of workflow technology, which
enables real-time approval processing and task management for increased
transparency, automation, and audit capabilities.

About SEI's Investment Manager Services Division

SEI's Investment Manager Services division provides comprehensive
operational outsourcing solutions to global investment managers focused on
mutual funds, hedge and private equity funds, exchange traded funds,
collective trusts, and separately managed, as well as institutional and
private client, accounts. The division applies operating services,
technologies, and business and regulatory knowledge to each client's business
objectives. Its resources enable clients to meet the demands of the
marketplace and sharpen business strategies by focusing on their core
competencies. The division has been recognised by HFMWeek as "Most Innovative
Fund Administrator (Over $30bn AUA)" and "Best Funds of Hedge Funds
Administrator (Over $30bn AUA)." For more information, visit
www.seic.com/enME/investment-managers.htm.

About SEI

SEI (Nasdaq: SEIC) is a leading global provider of outsourced asset
management, investment processing and investment operations solutions. The
company's innovative solutions help corporations, financial institutions,
financial advisors, and affluent families create and manage wealth. As of
September 30, 2010, through its subsidiaries and partnerships in which the
company has a significant interest, SEI administers $402 billion in mutual
fund and pooled assets and manages $164 billion in assets. SEI serves
clients, conducts or is registered to conduct business and/or operations,
from numerous offices worldwide. For more information, visit
www.seic.com/enME/index.htm.

Services provided by SEI Investments - Global Fund Services Limited (Reg.
in Dublin No. 424309), SEI Investments Trustee & Custodial Services (Ireland)
Limited (Reg. in Dublin No. 315393), and their affiliates, which are all
wholly owned subsidiaries of SEI Investments Company.

SEI Investments - Global Fund Services Limited and SEI Investments
Trustee & Custodial Services (Ireland) Limited (Styne House, Upper Hatch
Street, Dublin 2, Ireland) are authorised by the Financial Regulator under
the Investment Intermediaries Act 1995.

This material is not directed to any persons where (by reason of that
person's nationality, residence or otherwise) the publication or availability
of this material is prohibited. Persons in respect of whom such prohibitions
apply must not rely on this information in any respect whatsoever.

Company Contact; Dana Grosser, SEI, +1-610-676-2459, dgrosser at seic.com or Media Contact: Rory King or Katy Hall, both of Penrose Financial, +44-(0)207-786-4888, seiims at penrose.co.uk