Northern Trust Global Investments has tapped talent from three top money managers to expand its global quantitative management team. Joining the team are Mark Sodergren, new senior portfolio manager and researcher, previously a portfolio manager at BGI; Scott Hammond, portfolio manager with the international index team, previously a portfolio manager at BoNY; Greg Behar, investment strategist, previously with Deutsche Asset Management as a portfolio specialist; and Jacob Weaver, new head of the London and Tokyo-based global index portfolio management team;he was promoted from a position within NTGI's quant team.

Northern Trust Global Investments (�NTGI�), the multi-asset class investment management business of Northern Trust, announced today that it has expanded its Global Quantitative Management team with four strategic appointments. With the addition of three portfolio managers and one investment strategist, NTGI continues to invest in its quantitative management business.

�In adding new members to our quantitative team, we have put an emphasis on finding strong team players with significant investment management experience,� said Michael Vardas, managing director for NTGI�s Global Quantitative Management business. �Each of these individuals brings a high level of technical expertise that can be utilized across disciplines, a particularly critical asset with today�s volatile market conditions.�

Mark Sodergren is a senior portfolio manager and researcher in the quantitative active team responsible for research and implementation of several quantitative equity strategies. Prior to joining Northern Trust, Sodergren was a portfolio manager at Barclays Global Investors and focused on active U.S. large cap strategies. He is based in Chicago.

Scott Hammond joined the international index team as a portfolio manager and is based in New York. Hammond was previously a senior international portfolio manager at Bank of New York and has over nine years of portfolio management experience.

Greg Behar was appointed investment strategist for the global quantitative team and is also based in New York. Before this position Behar was a portfolio specialist for the active quantitative equity strategies at Deutsche Asset Management.

Jacob Weaver will work in Northern Trust�s London office as head of the London and Tokyo-based global index portfolio management team. He comes from another position within Northern Trust�s quant team where he was portfolio manager focusing on Tax Advantaged Equity and Structured Small Cap strategies in Chicago.

Quantitative assets under management are approaching $260 billion while Northern Trusts� client base continues to expand both domestically and internationally. �We believe that both low-cost beta and risk-controlled active strategies designed to efficiently produce alpha will continue to expand their share of the global investment market. Our clients continue to seek risk-controlled alpha generating strategies and Northern Trust remains steadfast in our commitment to building a leadership position in the quantitative business,� added Vardas.

Northern Trust Global Investments (NTGI) is the multi-asset class investment management business of Northern Trust Corporation. NTGI comprises Northern Trust Investments, N.A., Northern Trust Global Investments Limited, Northern Trust Global Investments Japan, K.K., the investment advisor division of The Northern Trust Company and Northern Trust Global Advisors and its subsidiaries.

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 multibank holding company based in Chicago, has a growing network of 85 offices in 18 U.S. states and has international offices in 13 locations in North America, Europe and the Asia-Pacific region. As of June 30, 2007, Northern Trust had assets under custody of $4.0 trillion, and assets under investment management of $766.5 billion. Northern Trust, founded in 1889, has earned distinction as an industry leader in combining high-touch service and expertise with innovative products and technology. For more information, visit http://www.northerntrust.com.

Edited by: Erin Kello

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