Russell Hires Top Talent to Manage Index Growth in Europe Tacoma, WA — September 19, 2006 — To manage the growing preference among European asset managers and investors for Russell's U.S. equity indexes and increasing client interest in the coming launch of Russell Global Indexes, Russell Investment Group has hired Benjamin Pritchett-Brown as head of European sales. Based in Russell's office in London, Pritchett-Brown is the first Russell associate dedicated solely to the growth of the index business in Europe. "Our market-leading U.S. equity indexes as well as those that cover the Japanese market have experienced solid growth and client interest in Europe, particularly in the United Kingdom," said Kevin Lohman, director of global sales, Russell indexes. "With Benjamin's strong leadership we're poised to take full advantage of these positive factors in our ever-competitive market and establish an even larger footprint in Europe." Pritchett-Brown had worked the past six years as director of licensing and sales for Standard & Poor's index products in London. "We believe Ben's experience, extensive contacts in the industry and solid reputation give him a fantastic platform to lead Russell's charge in Europe," Lohman said. More than $3.8 trillion in assets are benchmarked to Russell indexes. Russell indexes rank as the most widely used set of U.S. equity performance benchmarks among institutional investment products and account for an industry-leading 54% of the benchmarks in funds used by corporate pension plans and other institutional investment organizations. In addition, Russell indexes account for more than half of all institutional assets benchmarked. This growing preference for Russell's transparent, objective index methodology led the company in June to announce plans for a comprehensive family of global indexes by the end of 2006. Today's announcement follows a similar move earlier this year when Russell established Russell Indexes Asia for the marketing of Russell indexes and related products in the Asia-Pacific region. About Russell Russell Investment Group, a global leader in multi-manager investing, provides investment products and services in 44 countries. Russell manages more than $171 billion in assets and advises clients worldwide representing more than $2.4 trillion. Founded in 1936, Russell is headquartered in Tacoma, Wash., and has additional offices in New York, Toronto, London, Paris, Sydney, Singapore, Auckland and Tokyo. Contact: Steve Claiborne, 253-439-1858 Russell Investment Group, a Washington, USA corporation, operates through subsidiaries worldwide. Russell is a subsidiary of The Northwestern Mutual Life Insurance Company. RC#4485

Copyright © Russell Investments 2009. All rights reserved.