Northern Trust Wins US$5 Billion Fund Platform Administration Mandate From Earth...

Northern Trust Wins US$5 Billion Fund Platform Administration Mandate From
Earth Capital Partners

LONDON, March 24 /PRNewswire-FirstCall/ -- Northern Trust has been selected to
provide fund administration services for the fund platform managed by Earth
Capital Partners ("ECP"), a new investment business with a specialist focus on
environmental investment, and an objective to raise US$5bn into the fund
platform over the next five years.

The new platform has the opportunity to launch a series of closed end
investment vehicles invested in such sustainable projects as solar power,
waste-to-energy, southern hemisphere agriculture and may also provide
financial backing for companies developing new environmental technologies.

Referring to the selection of Northern Trust, Rufus Warner ECP LLP's Chief
Executive, said, "In selecting a fund administrator we were specifically
looking for proven expertise in administering a range of hybrid funds.
Products in sustainable development are a new and exciting area of assets and
Northern Trust has demonstrated the fund administration capabilities that
respond to our unique requirements."

ECP LLP, chaired by Stanley Fink, was launched in late 2008. At the launch
event, Mr Fink described the partnership's objective as "to deliver attractive
returns to our investors by investing in projects, companies and financial
instruments, which address sustainable development challenges, such as climate
change, water scarcity and energy security." The ECP Renewables Fund is one
of the first investment structures to be launched to reflect those goals.

Kate Stallard, head of private equity, infrastructure and real estate sales at
Northern Trust, said, "We are delighted to be working with Earth Capital
Partners on this initiative addressing a growing need to engage in
environmental solutions. As an experienced fund administrator, Northern Trust
understands the complex nature of administering alternatives, particularly in
intangible assets and looks forward to bringing this experience to bear in
this new relationship."

Northern Trust provides a comprehensive range of fund administration solutions
for conventional funds and alternative asset classes including hedge funds,
fund of funds, property funds, private equity, infrastructure and agriculture.
It supports multiple fund structures across multiple jurisdictions including
the UK, USA, Ireland, Luxembourg, Jersey and Guernsey. Northern Trust also
offers relating banking, trustee and custody services which can be tailored to
support evolving business needs.

About Northern Trust
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 financial holding company based in Chicago, has a growing network of 85
offices in 18 U.S. states and has international offices in 15 locations in
North America, Europe, the Middle East and the Asia-Pacific region. As of
December 31, 2008, Northern Trust had assets under custody of US$3.0 trillion,
and assets under investment management of US$558.8 billion. Northern Trust,
founded in 1889, has earned distinction as an industry leader in combining
exceptional service and expertise with innovative products and technology. For
more information, visit http://www.northerntrust.com.

-- Northern Trust (Guernsey) Limited, Northern Trust Fiduciary Services
(Guernsey) Limited, Northern Trust Fiduciary Company (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 Global Services is authorised and regulated in the
Netherlands by De Nederlandsche Bank

-- Northern Trust Global Services Limited Luxembourg Branch is authorised
and regulated by the Financial Services Authority and in Luxembourg by
the Commission de Surveillance du Secteur Financier (CSSF) and
Northern
Trust Luxembourg Management Company S.A. is regulated by the CSSF

-- Northern Trust Global Services Limited - Abu Dhabi. Representative
Office, Licence number 13/238/2008

-- Northern Trust operates in Australia as a foreign authorised
deposit-taking institution (foreign ADI) and is regulated by The
Australian Prudential Regulation Authority

-- Northern Trust in Hong Kong is a securities company regulated by the
Securities and Futures Commission

-- Northern Trust in Singapore is a foreign wholesale bank regulated by
the
Monetary Authority of Singapore

-- Northern Trust operates in China as a Representative Office and is
regulated by the China Banking Regulatory Commission

-- Where Northern Trust's UK entities undertake regulated business,
they are authorised and regulated in the United Kingdom by the
Financial
Services Authority

-- Northern Trust International Fund Administration Services (Ireland)
Limited and Northern Trust Fiduciary Services (Ireland) Limited are
each
authorised by the Irish Financial Services Regulatory Authority
pursuant
to section 10 of the Investment Intermediaries Act, 1995 (as amended)

Earth Capital Partners
Earth Capital Partners (ECP) is a new investment company created to invest
solely in sustainable assets, related to the environment, climate change and
natural resources and water scarcity. ECP aims to lead change in financial
markets by demonstrating that financing the transition to low CO2, low
pollution, resource efficient economies can be achieved sustainably and
profitably. ECP's mission is to deliver exceptional, low correlation returns
from sustainable development investment throughout the entire cycle.

Principals: Stanley Fink, non-executive Chairman;
Rufus Warner, Chief Executive Officer;
Ben Cotton, External Relations
For further information: info@earthcp.com

SOURCE Northern Trust Corporation

EMEA & Asia Pacific, Camilla Greene, +44 (0) 20 7982 2176, cg81@ntrs.com, or
US & Canada, John O'Connell, +1-312-444-2388, jo45@ntrs.com, or Kathleen
Fitzgerald, +1-312-444-3094, kdf2@ntrs.com, all of Northern Trust; Earth
Capital press enquiries, Simon Rostron, simon@rostronparry.com