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SEI Adds 15 Clients, $2.5 Billion In New Institutional Assets In First Half of 2010

Healthcare Organizations, Large Pension Plans Show Increased Interest in Outsourced Model

OAKS, Pa., Aug. 19, 2010 – SEI (NASDAQ:SEIC) today announced strong global institutional sales resulting in 15 new institutional clients and nearly $2.5 billion in assets under management through the first half of 2010. Continuing a recent trend, the growth was driven in part by increased interest in an outsourced investment model from healthcare organizations with balance sheet assets and larger pension plan sponsors. In the past 36 months, SEI has added nearly $17 billion in new assets under management and 94 new institutional clients worldwide. Among SEI’s new institutional clients this year are Boston Mutual Life Insurance, Cape Regional Health System, Operating Engineers Local #487, Specialty Equipment Market Association (SEMA) and Jeyes Supplementary Pension Scheme.

“The recent market volatility has changed the way organizations view risk and how they manage their invested assets,” said Paul Klauder, Vice President, SEI’s Institutional Group. “We’re seeing a mindset shift in regards to the role internal resources should play in investment management and how a co-fiduciary partner can compliment that process to the overall benefit of the organization.”

New clients pointed to several key differentiators in selecting SEI, including: additional fiduciary protection, increased diversification, access to global investment products and SEI’s risk focused strategic advice process.

Organizations are showing an increased interest in the benefits of an outsourced model managing invested assets, including pension plans, defined contribution plans, balance sheet assets, endowments and foundations. In particular, the outsourcing trend among larger organizations has continued. To date, over 30 organizations, each with more than $350 million in invested assets, have selected SEI.

SEI has also showed continued growth among its nonprofit and healthcare clients. During the past 18 months, SEI has added more than $2.6 billion in new healthcare, endowment, and foundation assets under management. SEI was also recently nominated by a leading industry publication as a Nonprofit “Multi-Manager of the Year” based on its sales and client service accomplishments during the past year, as well as industry input solicited by the editorial staff.

About SEI’s Institutional Group

SEI’s Institutional Group delivers integrated healthcare, retirement and nonprofit investment solutions to more than 500 global institutional clients (of which 340 are U.S. based) in six different countries. SEI enables clients to meet financial objectives, reduce business risk, and fulfill their due diligence requirements through implemented fiduciary management strategies for defined benefit plans, defined contribution plans, endowments, foundations and other balance sheet assets. For more information, visit www.seic.com/institutions.

About SEI

SEI (NASDAQ:SEIC) is a leading global provider of outsourced asset management, investment processing and investment operations solutions. The company’s innovative solutions help corporations, financial institutions, financial advisors, and affluent families create and manage wealth. As of June 30, 2010, through its subsidiaries and partnerships in which the company has a significant interest, SEI administers $380 billion in mutual fund and pooled assets and manages $149 billion in assets. SEI serves clients, conducts or is registered to conduct business and/or operations, from numerous offices worldwide. For more information, visit www.seic.com.