Wilmington Funds Receive Recognition for Outstanding Investment Performance

* Reuters is not responsible for the content in this press release.

Mon Apr 20, 2009 12:50pm EDT

Five-Year Track Records for Two Funds Are Tops in Their Lipper Fund Categories
WILMINGTON, Del.--(Business Wire)--
Wilmington Trust's mutual fund family, the Wilmington Funds, has been recognized
by Lipper Inc., a leading mutual fund research and analysis firm, for top
five-year cumulative total return performance in two fund categories. 

Wilmington Short/Intermediate-Term Bond Fund and Wilmington Multi-Manager Real
Asset Fund (Institutional Shares) were singled out by Lipper as the number one
funds in their respective categories - Short-Intermediate Investment Grade Debt
Funds and Mixed-Asset Target Allocation Conservative Funds - for the five-year
period ended December 31, 2008. 

"We are honored to receive this distinction from Lipper and congratulate our
portfolio management and research teams on this impressive achievement," said
Robert M. Balentine, chairman and CEO of Wilmington Trust Investment Management
(WTIM). "It is WTIM's commitment to excellence in providing consistent,
long-term investment performance that helps to protect our clients across market
cycles." 

Lipper, a Reuters company, awards performance achievement certificates to funds
with returns that top their Lipper categories over a one-, five-, 10-, or
15-year time period. Certificates are awarded for all Lipper classifications,
with one overall winner selected from each category in Lipper's mutual fund
universe. Open-end funds, closed-end funds, and variable insurance products are
considered for awards. 

The Wilmington Funds recently received additional recognition for outstanding
performance, ranking number 1 out of 59 fund families in the Taxable Bond Funds
category for 2008 in the annual Lipper/Barron's Fund Survey.* The funds included
in this category were Wilmington Short/Intermediate-Term Bond Fund and
Wilmington Broad Market Bond Fund. These two funds were also named "Category
Kings" by The WallStreet Journal in the Intermediate-Term Bond Fund and the
Short-Term Bond Fund categories for performance in 2008.** As of December 31,
2008, the Wilmington Short/Intermediate-Term Bond Fund was ranked number 5 among
147 funds for the one-year period, number 1 out of 126 funds for the five-year
period, and number 2 out of 71 funds for the 10-year period in the Lipper
Short/Intermediate Investment Grade Debt Funds category. Also as of December 31,
2008, the Wilmington Broad Market Bond Fund was ranked number 14 among 571 funds
for the one-year period, number 18 out of 394 funds for the five-year period,
and number 17 out of 199 funds for the 10-year period in the Lipper Intermediate
Investment Grade Debt Funds category. 

Wilmington Trust Corporation (NYSE:WL) is a financial services holding company
that provides Regional Banking services throughout the mid-Atlantic region,
Wealth Advisory Services for high-net-worth clients in 36 countries, and
Corporate Client Services for institutional clients in 88 countries. Its wholly
owned bank subsidiary, Wilmington Trust Company, which was founded in 1903, is
one of the largest personal trust providers in the United States and the leading
retail and commercial bank in Delaware. Wilmington Trust Corporation and its
affiliates have offices in Arizona, California, Connecticut, Delaware, Florida,
Georgia, Maryland, Massachusetts, Minnesota, Nevada, New Jersey, New York,
Pennsylvania, South Carolina, Vermont, the Cayman Islands, the Channel Islands,
London, Dublin, Frankfurt, Luxembourg, and Amsterdam. 

Brokerage services, mutual funds, and other securities are offered by Wilmington
Brokerage Services Company (WBSC), a registered broker/dealer and wholly owned
subsidiary of Wilmington Trust Company and a member of the Financial Industry
Regulatory Authority (FINRA) and the Securities Investor Protection Corporation
(SIPC).Wilmington Funds are entities separate and apart from Wilmington Trust
and WBSC.

The Wilmington Funds are distributed by Professional Funds Distributor, LLC. You
should carefully consider the investment objectives, risks, charges, and
expenses of the Wilmington Funds before investing. A prospectus with this and
other information may be obtained by calling 800-336-9970 or by visiting
www.wilmingtonfunds.com. The prospectus should be read carefully before
investing.

Rodney Square Management Corp., a Wilmington Trust affiliate, is the funds'
investment adviser. The funds are not deposits of, or other obligations of, or
guaranteed by Wilmington Trust or any other bank or entity. They are not insured
by the FDIC or any other governmental agency.

This information is not intended as a recommendation or determination by WBSC
that any fund is suitable for a specific investor.Investment products are not
deposits of or other obligations of or guaranteed by Wilmington Trust or any
other bank or entity, and are subject to investment risks, including the
possible loss of principal amount invested. Past performance is no guarantee of
future results; rankings are for the Institutional share class and are subject
to change.

An investment in a bond fund is subject to interest rate risk, which is the
possibility that a fund's yield will decline due to falling interest rates and
the potential for bond prices to fall as interest rates rise. High-yielding,
non-investment-grade bonds present a greater risk of loss to principal and
interest than investment-grade securities. The value of debt securities may be
affected by the ability of issuers to make principal and interest payments.

For Wilmington Short/Intermediate-Term Bond Fund: five-year cumulative return as
of December 31, 2008 was 23.97% and five-year average annual return as of
December 31, 2008 was 4.39%.One-year totalreturn as of March 31, 2009 was 4.80%,
five-year average annual return as of March 31, 2009 was 4.00%, and 10-year
annual average return as of March 31, 2009 was 5.36%. For Lipper
Short/Intermediate Investment Grade Debt Funds benchmark: five-year cumulative
return as of December 31, 2008 was 9.56% and five-year average annual return as
of December 31, 2008 was 1.80%. Thegross expense ratio for Wilmington
Short/Intermediate-Term Bond Fund was 0.59%.

For Wilmington Multi-Manager Real Asset Fund: five-year cumulative return as of
December 31, 2008 was 48.64% and five-year average annual return as of December
31, 2008 was 8.25%.One-year total return as of March 31, 2009 was -28.42%,
five-year average annual return as of March 31, 2009 was 4.66%, and since
inception return was 8.06%.Prior to June 1, 2006, the fund invested primarily in
real estate-related securities.For Lipper Mixed Asset Target Allocation
Conservative Funds benchmark: five-year cumulative return as of December 31,
2008 was 3.11% and five-year average annual return as of December 31, 2008 was
0.55%.The gross expense ratio for Wilmington Multi-Manager Real Asset Fund was
0.75%.

Performance quoted represents past performance and does not guarantee future
results. Investment return and principal value will fluctuate. Shares, when
redeemed, may be worth more or less than their original cost. Current
performance may be lower or higher than that shown here. Performance data
current to the most recent month-end is available by calling 800-336-9970.

*To qualify for theLipper/Barron's Fund Survey, a group must have at least three
funds in Lipper's general U.S.-stock category, as well as one in world equity,
which combines global and international funds. Lipper also requires at least one
mixed-equity fund, which holds stocks and bonds. Fund shops also must have at
least two taxable-bond funds and one tax exempt offering. Each fund's returns
are adjusted for 12b-1 fees, which are used for marketing and distribution
expenses. The funds usually add these fees back into returns. The aim is to
measure the manager's skill. Fund loads, or sales charges, aren't included in
the calculation of returns, either. Each fund's return is measured against those
of all funds in its Lipper category, such as, say, small-cap value. That leads
to a percentile ranking, with 100 the highest and 1 the lowest, which is then
weighted by asset size, relative to the fund family's other assets in its
general classification-world equity, for instance. If a family's biggest funds
do well, that boosts its overall ranking. Poor performance in a big fund
obviously has a big effect on the ranking.Finally, the score is multiplied by
the weighting of its general classification, as determined by the entire Lipper
universe of funds. The category weightings for the one-year results: general
equity, 48.6%; world equity, 18.0%; mixed equity, 15.5%; taxable bond, 15.0%;
tax-exempt bond, 3.0%.The scoring: Say a company has a fund in the general U.S.
equity category, that the fund has $50 million in assets and that it accounts
for half of the company's assets in that category. Its ranking is the 75th
percentile. The first calculation would be 75 x 0.50, which comes to 37.5. That
score is then multiplied by 48.7%, general equity's overall weighting in
Lipper's universe. So it would be 37.5 x 0.487, which totals 18.3. Similar
calculations are done for each fund in the study. Then, all the numbers are
added up for a total score. The fund shop with the highest score wins, both for
every category and overall. The same process is repeated for the five- and
10-year rankings.

The Wilmington Taxable Bond Funds are Wilmington Short/Intermediate-Term Bond
Fund and Wilmington Broad Market Bond Fund, which are portfolios of the WT
Mutual Fund. The Wilmington Taxable Bond Funds were ranked number 1 out of the
taxable bond funds of 59 fund families for 2008. The individual bond funds were
not ranked. The Taxable Bond Funds were not ranked for other than the one-year
period.

** The Wall Street Journal rates "Category Kings" as top-performing funds in
each category ranked by one-year total returns (changes in net asset values with
reinvested distributions).Rankings are based on Lipper data.



Wilmington Trust Corporation
Bill Benintende
Public Relations
302-651-8268
wbenintende@wilmingtontrust.com

Copyright Business Wire 2009

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