Asia PR News

CHICAGO, Ill., May 31/PRNewswire-AsiaNet/ –

Relocation will support continued business growth in the region

The Northern Trust Company Singapore Branch has moved into a new office to
support its continued business growth in the Asia Pacific region. The new
office is located on the 12th Floor of One George Street, a brand-new building
located in the financial district of Singapore that is custom-designed for
financial institutions with state-of the-art technology features and life-style
facilities.

"Since the establishment of the Singapore Branch in 1996, Northern Trust
has established a strong reputation and brand recognition in Asia. We have been
recording strong client growth from the government bodies, pensions,
universities, insurance companies and investment management firms in the
region," said Lawrence Au, General Manager of Asia Pacific. "As we continue to
capitalize on the growth in the region, we have been steadily expanding our
resources in the Singapore regional hub to support the business growth and
establish same time zone support capabilities to better service our clients and
their investment managers. The move to a new, bigger and modern premise is a
strong testimony of our commitment to our clients and positive business outlook
of the Asia region."

Northern Trust has grown its staff in Singapore from five in 1996 to 65
today. The Singapore Branch is currently the base for its client service,
regional treasury, investment manager liaison group, cash & securities
processing, network management, information delivery services, information
technology and regional management functions. The new office will occupy some
18,000 square feet to support its growth plan for the next three years with the
option of taking additional space to grow the staff to over 100 people.

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 84 offices in 18 U.S. states and has international offices in eight
countries. As of March 31, 2005, Northern Trust had assets under custody of
$2.6 trillion, and assets under investment management of $589 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

SOURCE: Northern Trust Company

CONTACT: U.S. Media,
Richard Jurek,
Vice President,
+1-312-444-5281, or

Singapore Media,
Lawrence Au,
Senior Vice President,
(65) 6437 6601,

both of Northern Trust

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

(NTRS)