Russell Opens Tampa Office (Russell.com)

Russell Investment Group Opens Tampa Office
Sales/Service Team Responds to Growth on East Coast

Tacoma, Wash. — In response to the increasing needs and growth of new and existing clients on the East Coast, Russell Investment Group's Individual Investor Services team has opened a divisional sales and service office in Tampa, Fla. Located in Tower Place on 1511 North Westshore Blvd., the Tampa office joins Tacoma on the West Coast and Milwaukee in the Central region to provide full sales and service coverage for the entire United States.

"With an increasing growth in our client base throughout this important region, the Tampa office will allow us to better focus on more in-depth and personal service for our financial intermediaries," said Greg Stark, managing director, Individual Investor Services. "As more clients continue to demand multi-manager solutions, we have an increased responsibility to provide outstanding sales and service support for our clients across the entire country and we will continue to add resources and staff as we continue to grow."

Franziska Stiens, eastern division manager, heads the Tampa office with initially 10 local sales professionals who are responsible for providing Russell's multi-manager solutions to clients from Maine to Florida, and anticipates doubling its staff in the office over the next few years.

Russell's U.S. Individual Investor Services business works closely with more than 250 independent Registered Investment Advisors, as well as with financial representatives from Northwestern Mutual Financial network, A.G. Edwards & Sons, Raymond James Financial Services and RBC Dain Rauscher, to give millions of individual investors access to some of the world's best money managers through Russell's institutional-quality, multi-manager approach.

Overall, the Individual Investor Services business continues to report strong growth; as of December 31, 2005, assets under management reached over $25 billion, representing a more than 60% increase over the past two years.

About Russell
Russell Investment Group, a global leader in multi-manager investing, provides investment products and services in more than 44 countries. Russell manages more than $155 billion in assets for advisory clients as of December 31, 2005, and provides other financial services to clients worldwide representing more than $2.4 trillion. In 2006, and for the fifth time since 1999, Russell is ranked among the Fortune Magazine's 100 Best Companies to Work For in America.

Contacts:
Jennifer Tice, 253-439-2921
Kerstin Parkel, 718-875-2121

Russell Investment Group is a registered trade name of Frank Russell Company, a Washington, USA corporation, which operates through subsidiaries worldwide. Frank Russell Company is a subsidiary of The Northwestern Mutual Life Insurance Company.

Frank Russell Company is the owner of the trademarks, service marks and copyrights related to its indexes.

Russell Fund Distributors, Member NASD

RFD 06-5787 First used: March 2006