Northern Trust Declares Quarterly Dividends for Common and Preferred Stock

Northern Trust Corporation (Nasdaq: NTRS), holding company of The Northern Trust Company, today declared a quarterly cash dividend of $0.33 per share on its common stock ($1.66-2/3 par value), payable on January 1, 2015 to stockholders of record on December 5, 2014.

Northern Trust Corporation also declared a quarterly cash dividend of $593.125 per share of 5.85% Series C non-cumulative perpetual preferred stock (resulting in a distribution of approximately $0.593125 per depositary share) payable on January 1, 2015 to stockholders of record on December 15, 2014. The initial dividend payment covers the period from the date of issuance, August 5, 2014, through December 31, 2014.

About Northern Trust

Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of asset servicing, fund administration, asset management, fiduciary, and banking solutions for corporations, institutions, families, and individuals worldwide. Chicago-based Northern Trust has offices in 19 states, Washington, D.C., and 19 international locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of June 30, 2014, Northern Trust had assets under custody of US$6 trillion, and assets under investment management of US$924.4 billion. For 125 years, Northern Trust has earned distinction as an industry leader in combining exceptional service and expertise with innovative products and technology. For more information, visit www.northerntrust.com and follow us on Twitter @NorthernTrust.