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NORTHERN TRUST NAMES TWO EXECUTIVE VICE PRESIDENTS AND NINE SENIOR VICE PRESIDENTS

 CHICAGO, Nov. 16 /PRNewswire/ -- At is meeting today, Northern Trust's (NASDAQ-NMS: NTRS) board of directors approved the promotions of Sheila A. Penrose and J. Terrence Murray to executive vice president.
 Penrose is responsible for Northern's Wealth Management Group and for Personal Financial Services' strategic planning, marketing and product development activities for personal clients nationwide. She received a bachelor's degree from the University of Birmingham in England and a master's degree from the London School of Economics and Political Science. Prior to joining Northern in 1977, she was an economic advisor to the United Kingdom Treasury and a lecturer in economics.
 Her background at Northern includes experience in the bank's international services from 1977 to 1985 when she assumed responsibility for corporate-wide strategic planning. She joined the Corporate Financial Services Group in 1987 where her responsibilities included global custody services and the sales and marketing of custody services to institutional clients. She was named a senior vice president in 1986.
 J. Terrence Murray, who heads the Illinois Personal Financial Services Department, joined Northern Trust in 1968 after graduation from the College of the Holy Cross in Worcester, Mass. He earned an M.B.A. from Northwestern in 1971.
 He is responsible for all Personal Trust and Private Banking activities as well as Northern's Illinois subsidiaries and Northern Trust Securities, Inc. During his 25-year career at the bank he has served in Personal Trust Administration, Financial Consulting and Private Banking. Active in civic and charitable organizations, he is currently chairman of the Board of Trustees of St. Ignatius College Prep, Chicago, and a member of the Executive Committee of the Trust Management Association.
 The board of directors also approved the promotions of the following individuals to senior vice president: Philip A. Delaney Jr., Personal Financial Services; Loren A. Hansen, Personal Financial Services; Teresa A. Keyes, Corporate Financial Services; Steven J. Kutnick, Commercial Banking/Corporate Management Services; Anna M. Quinlan, Commercial Banking/Corporate Management Services; Lorraine M. Reepmeyer, Risk Management; Jean E. Sheridan, Corporate Financial Services; Elisa K. Spain, Corporate Financial Services; and Jennifer K. Tretheway, Corporate Financial Services.
 -0- 11/16/93
 /CONTACT: Sue A. Rageas of Northern Trust Public Relations Department, 312-444-4279/
 (NTRS)


CO: Northern Trust ST: IN: FIN SU: PER

WB -- NY072 -- 5135 11/16/93 13:31 EST
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Date:Nov 16, 1993
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