Northern Trust (Nasdaq:NTRS) named William J. Huber and Mark C. Gossett as co-heads of Global Foreign Exchange, effective July 2.

Huber, a 23-year veteran of Northern Trust, currently serves as Chief Dealer of Northern Trust's Global Foreign Exchange Division based in Chicago. Gossett, an Executive Vice President with 29 years of service with Northern Trust, has served in a variety of senior roles including Chief Risk Officer and Chief Operating Officer for Northern Trust Global Investments, and Chief Financial Officer of the International Segment within Corporate & Institutional Services.

These changes follow the decision of Peter Gloyne, current Global Head of Foreign Exchange, to retire following 18 years of dedicated service.

"Peter has done an exceptional job leading our foreign exchange business through an ever shifting market environment and has been a valuable member of our global leadership team. We are grateful for his professionalism and leadership as a trusted colleague and friend," said Steven L. Fradkin, President of Corporate & Institutional Services at Northern Trust. "We are confident that Bill and Mark will continue Northern Trust's longstanding and successful foreign exchange business focused on serving the needs of our clients."

Northern Trust's foreign exchange services provide a dedicated and comprehensive 24-hour service with direct access to experienced professionals through trading rooms in Chicago, London, and Singapore. Recognised as one of the world's leading foreign exchange providers, Northern Trust offers credit strength as a counterparty; efficient settlement; experienced, relationship-focused trading desk staff; coverage in more than 70 currencies; direct access to our proprietary web-based trading system and other multi-bank trading platforms; daily market commentaries, economic event updates; and, other currency research.

As part of the transition, Gossett will relocate to London and Huber will remain in Chicago. Both will report to Fradkin.

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 March 31, 2012, Northern Trust had assets under custody of US$4.6 trillion, and assets under investment management of US$716.5 billion. For more than 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 or follow us on Twitter @NorthernTrust.

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Northern Trust (Guernsey) Limited, Northern Trust Fiduciary Services (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, Northern Trust Securities Services (Ireland) Limited and Northern Trust Fiduciary Services (Ireland) Limited are regulated by the Central Bank of Ireland. 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 Investments Limited has a Netherlands branch, which is authorised by the Financial Services Authority and subject to regulation in the Netherlands by the Autoriteit Financiële Markten. Northern Trust Global Services Limited has a Netherlands Branch, which is authorised and regulated in the Netherlands by De Nederlandsche Bank. Northern Trust Global Investments Limited has a Sweden branch, which is authorised by the Financial Services Authority and subject to regulation in Sweden by the Finansinspektionen. Northern Trust Global Services Ltd (UK) Sweden Filial is authorised by the Financial Services Authority and subject to regulation by the Finansinspektionen. Northern Trust Global Services Limited operates in Abu Dhabi as a Representative Office. Our registered office is authorised and regulated by the Central Bank of the United Arab Emirates. 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 has a branch in China regulated by the China Banking Regulatory Commission. The Northern Trust Company of Hong Kong Limited is regulated by the Hong Kong Securities and Futures Commission. Northern Trust Global Investments Japan, K.K. is regulated by the Japan Financial Services Agency. 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 Canada as The Northern Trust Company, Canada Branch, which is an authorised 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 authorised 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.

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Northern Trust
EMEA Contact:
Camilla Greene
+44 (0) 207 982 2176
Camilla_Greene@ntrs.com
or
North America & APAC Contact:
John O?Connell
+1 312 444 2388
John_O?Connell@ntrs.com
http://www.northerntrust.com