Russell`s Transition Management Services Awarded Top Industry Honors

TACOMA, Wash.--(Business Wire)--
Russell Investments` transition management team has been recognized by
industry-leading publications for its global capabilities, concentration on risk
management and continued high levels of client-focused performance and service.
The transition management team received top rankings in the annual surveys
conducted by PLANSPONSOR and Global Investor magazines and was named Transition
Management Provider of the Year at Professional Pensions` 2009 U.K. Pensions
Awards.

"This third-party recognition is meaningful because it acknowledges and raises
awareness of the strong capabilities and service levels Russell provides to
clients on complex, intricate transition projects involving multiple managers,"
said David Rothenberg, managing director, Russell Investments.

Russell was ranked "Best in Class" by investment managers in all categories of
PLANSPONSOR`s 2009 transition management survey, including pre-trade, execution,
post-trade and organization/support. "We remain completely satisfied with their
services in every respect," was a common sentiment of surveyed managers,
according to PLANSPONSOR`s May 2009 issue.

For the fifth consecutive year, Russell was named one of the top firms in Global
Investor`s transition management survey. Russell ranked in the top five in every
regional and service category and also achieved a top-five ranking overall.

The U.K. Pensions Awards, presented by Professional Pensions, recognized the
leaders in the corporate pensions industry in 28 award categories. A panel of
judges named Russell Transition Management Provider of the Year based on the
company`s high level of performance and innovation, its quality communication
practices and service standards, and the overall benefits it provides to
clients.

"Receiving these awards is an incredible testament to Russell`s transition
management efforts on a global scale," said Rothenberg. "The honor affirms
Russell`s continued strength in implementation services and acknowledges the
strategic, client-focused work in which we excel."

For more than 25 years, Russell has led the way in improving transition
management practices and strategies to help clients maximize their assets.
Russell also developed the widely-used T Standard as an objective tool that
allows investors to measure the performance of their portfolio in transition.

Russell`s transition management services team operates within the Russell
Implementation Services division and transitioned more than $735 billion in
assets in 2008. The Russell team offers clients access to a global, multi-venue
trading platform and agency expertise in specialist equity, fixed income,
currency and futures teams. Across all global asset classes, Russell`s focus on
dynamic access to liquidity has shown to be particularly adept at evolving with
the changing market environment.

About Russell

Russell Investments provides strategic advice, world-class implementation,
state-of-the-art performance benchmarks and a range of institutional-quality
investment products. With $136 billion in assets under management (as of
3/31/09), Russell serves individual, institutional and advisor clients in more
than 40 countries. Russell provides access to some of the world's best money
managers. It helps investors put this access to work in corporate defined
benefit and defined contribution plans, and in the life savings of individual
investors.

Founded in 1936, Russell is a subsidiary of Northwestern Mutual Life Insurance
Company and headquartered in Tacoma, Wash. Russell has principal offices in
Amsterdam, Auckland, Johannesburg, London, Melbourne, New York, Paris, San
Francisco, Singapore, Sydney, Tokyo and Toronto.

Copyright © Russell Investments 2001-2009. All rights reserved.

Russell Investment Group is a Washington, USA corporation, which operates
through subsidiaries worldwide, including Russell Investments, and is a
subsidiary of The Northwestern Mutual Life Insurance Company.

Transition Management Services are provided by Russell Implementation Services
Inc., a registered investment advisor and broker-dealer, member FINRA, SIPC.

Russell Investments
Kate Stouffer, 253-439-1858
kstouffer@russell.com
www.russell.com
or
Matt Burkhard, 718-875-2122
mburkhard@neibartgroup.com

Copyright Business Wire 2009