New Global Sub-Custody Agreement Delivers US$15bn in Assets for Northern Trust

London (ots/PRNewswire) -

Northern Trust has been appointed by Handelsbanken as its global
custodian, adding US$15bn in new assets under custody for Northern
Trust and further extending a six-year relationship between the two
banks.

Through the new global custody agreement, Northern Trust will act
as the global custodian for assets from Handelsbanken's clients in
Norway, Denmark and Finland investing outside of the Nordic region,
bringing joint client assets under custody to over US$50bn and
representing over 30 clients' investments.

"By selecting Northern Trust as our global custodian, our clients
receive all the benefits of a world-class global custodian, operating
in a number of different markets with top-quality technology and
asset servicing capabilities. The security and sophistication this
brings, is unmatched," says Annika Larsson, head of relationship
management and sales at Handelsbanken.

In 2003, Northern Trust appointed Handelsbanken as its regional
sub-custodian. The following year, Northern Trust became the first
non-Swedish bank to provide custody and related services to a Swedish
mutual fund through an innovative partnership with Handelsbanken. The
agreement also marked the first time a global custodian had partnered
with a pan-Nordic bank, for a mutual fund solution.

Says Madeleine Senior, head of Nordic client relationship
management for Northern Trust's asset servicing business: "We are
delighted to be working with Handelsbanken and to see an expansion in
the relationship between our two organisations. The Nordics are
extremely sophisticated markets, and through this agreement, we are
able to provide greater flexibility in devising asset servicing
solutions for clients in the Nordics investing globally."

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 multibank holding company
based in Chicago, has a growing network of 85 offices in 18 U.S.
states and has international offices in 13 locations in North
America, Europe and the Asia-Pacific region. As of December 31, 2007,
Northern Trust had assets under custody of US$4.1 trillion, and
assets under investment management of US$757.2 billion. Northern
Trust, founded in 1889, has earned distinction as an industry leader
in combining high-touch service and expertise with innovative
products and technology. For more information, visit
http://www.northerntrust.com.

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

About Handelsbanken

Founded in 1871, Handelsbanken is a leading bank in the Nordic
area. The Bank has over 10 500 employees. As a universal banking
group, Handelsbanken offers a full range of commercial, wholesale and
investment banking services for corporate, institutional and private
customers. Handelsbanken has an extensive Nordic branch network
encompassing in excess of 660 branches worldwide. In recent years,
the Bank has also expanded its universal banking operations into
Great Britain. Furthermore, the Bank maintains wholly owned
subsidiaries, branches and representative offices in over 30
locations around the world. Handelsbanken was the first Nordic bank
to provide complete custody services in the entire Nordic region. The
Bank offers specialised and tailor-made services in Denmark, Finland,
Norway and Sweden. For more information, visit
http://www.handelsbanken.com

Web site: http://www.northerntrust.com
http://www.handelsbanken.com

ots Originaltext: Northern Trust
Im Internet recherchierbar: http://www.presseportal.de

Contact:
EMEA & Asia-Pacific, Sara Murshed, +44-0-20-7982-2249,
sm136@ntrs.com, or Camilla Greene, +44-0-20-7982-2176, cg81@ntrs.com,
or U.S., Canada, John O'Connell, +1-312-444-2388, jo45@ntrs.com, or
Alexis Geocaris, +1-312-444-3094, ag92@ntrs.com, all of Northern
Trust