SEI Chosen by St. Louis Graphic Arts To Manage $81 Million in Multiemployer Pension Assets.

OAKS, Pa. -- SEI (NASDAQ:SEIC), a leading global provider of outsourced asset management, investment processing and investment operations solutions, today announced that it has been chosen to manage $81 million in multiemployer pension plan assets for the St. Louis Graphic Arts Pension Plan. The relationship points to a continued shift in the multiemployer space, as Taft-Hartley trustees move away from fragmented investment consultant model to more bundled approach.

Under the terms of the agreement, SEI will take on sole responsibility for portfolio structure, manager selection, manager evaluation and replacement for the St. Louis-based union. One of the defining reasons SEI was selected was its unique model that provides a single point of accountability for investment management decisions. SEI's PensionConnect 360(TM) for Multiemployer Plans is an integrated pension plan management solution tailored to meet the unique needs of multiemployer plans.

"SEI's PensionConnect 360(TM) for Multiemployer Plans provides the integration and insight that is so critical to St. Louis Graphic Arts," said Michael Cagnina, Managing Director of Taft-Hartley Plans for SEI. "Unlike other models, our approach integrates the whole plan picture from financial data to services to people. Ultimately it provides a holistic view that details investment options and actuarial decisions along with a team of professionals that works together to achieve our partners' goals. We're excited to work with St. Louis Graphic Arts to help them achieve their plan goals and their organization goals."

PensionConnect 360(TM) for Multiemployer Plans was designed to meet the unique challenges of labor trustees, employer trustees and plan members by allowing trustees to proactively make warranted changes to ensure that all future requirements of the plan are met. By integrating all components of the plan into one model, the solution provides a coordinated, risk controlled approach allowing trustees to fully evaluate scenarios.

The completely integrated solution is designed to limit undesirable risk, establish predictable pension metrics and help achieve the goals for each individual plan.

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 institutional investors, financial institutions, financial advisors, and affluent families create and manage wealth. As of the period ending June 30, 2006, through its subsidiaries and partnerships in which the company has a significant interest, SEI administers $334.3 billion in mutual fund and pooled assets and manages $161.7 billion in assets. SEI serves clients, conducts or is registered to conduct business and/or operations, from more than 20 offices in over a dozen countries. For more information, visit www.seic.com.