Northern Trust Corporation : Northern Trust Names Tony Glickman to Global Client Solutions Role

Broad Financial Markets Experience Matched with Northern Trust's Integrated Hedge Fund and Custody Services Platform

Northern Trust (Nasdaq: NTRS) announced today that Tony Glickman has joined in a global client solutions role designed to harness the full value of its hedge fund services, custody, banking and operations platform on behalf of asset managers and institutional investors worldwide.

Glickman has more than 30 years of financial market-related experience as a banker, treasurer, hedge fund manager and, most recently, as head of risk services for GlobeOp Financial Services. In his new role, Glickman will engage with clients to develop solutions that combine Northern Trust's capabilities in global custody, risk analytics and sophisticated reporting with the market-leading technology and expertise of Northern Trust Hedge Fund Services.

"Tony Glickman brings a diverse experience set and record of accomplishment in financial markets that he has successfully used to create analytic tools and services for portfolio managers, asset servicers, and investors," said Steven L. Fradkin, President of Corporate & Institutional Services at Northern Trust. "Tony's extraordinarily broad background will help Northern Trust clients take full advantage of our global platform to help them manage risk and capture opportunities worldwide."

In a career spanning three decades, Glickman has worked as a proprietary trader at the former Bankers Trust and Chemical Bank, served as head of proprietary trading, treasurer and head of portfolio risk management at Canadian Imperial Bank of Commerce (CIBC), launched and led bank-sponsored and independent funds specializing in bond arbitrage, volatility-arbitrage and global macro strategies, and served as a consultant to asset managers, public pension funds, central bankers and regulators on strategic risk management issues. At GlobeOp Financial Services, Glickman developed risk capabilities and investor reporting tools, including Form PF reporting. He earned an MBA in finance from the Stern School of Business of New York University, where he was a University Fellow.

"Northern Trust offers a unique value proposition to global investors that combines precise, high-volume processing and analytics developed for hedge funds with a worldwide technology and operations platform and unparalleled client service," Glickman said. "I am excited about our opportunities to create innovative solutions for asset managers, sovereign wealth funds and other sophisticated investors."

Northern Trust Hedge Fund Services has grown rapidly, doubling the client franchise by winning 40 new business mandates on four continents since it was created in July 2011 by Northern Trust's acquisition of Omnium LLC, the hedge fund administration unit of Citadel LLC. Northern Trust Hedge Fund Services offers expertise across a range of hedge fund strategies, for complex funds domiciled in both onshore and offshore locations around the world. With more than US$1.5 trillion in assets under administration, Northern Trust serves clients worldwide with teams based in Dublin, Limerick, London, Luxembourg, Guernsey, Chicago, New York and Hong Kong.

Northern Trust is one of the world's leading asset servicing providers, offering global expertise and local specialist services to investment managers and institutional investors in more than 40 countries. Northern Trust's Corporate & Institutional Services business unit is a leading global provider of asset servicing, asset management, and related services to fund managers, sovereign wealth funds, pension funds, foundations, endowments, insurance companies and government funds. Its Global Fund Services business offers a broad array of middle- and back-office solutions customized to meet the needs of investment managers and fund sponsors, allowing clients to build services around their needs while providing the strength and scalability of one of the world's leading financial institutions.

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 June 30, 2012, Northern Trust had assets under custody of US$4.6 trillion, and assets under investment management of US$704.3 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.

The material within and any linked material accessed via this communication is directed to eligible counterparties and professional clients only and should not be distributed to or relied upon by retail investors. For Asia Pacific markets, it is directed to institutional investors, expert investors and professional investors only and should not be relied upon by retail investors.

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 Financiėle 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. Northern Trust operates in Australia as a foreign authorised deposit-taking institution (foreign ADI) and is regulated by the Australian Prudential Regulation Authority and the Australian Securities & Investments Commission (AFS Licence No: 314970). 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.

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

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