Company Press Release

OAKS, Pa., July 28 /PRNewswire-FirstCall/ -- SEI (Nasdaq: SEIC) today announced a broadening of its institutional investment solutions with the launch of the SEI Screened World Equity Ex-U.S. Fund. The new fund addresses the increased desire of institutional investors, specifically nonprofit organizations, to invest in funds that eliminate companies that generate revenue through business relationships with Sudan or Iran. The fund has already been supported by nine of SEI’s nonprofit institutional clients who have allocated over $80 million in seed investments for the launch.

The new fund represents a further expansion of SEI’s overall solutions geared towards meeting the unique needs of nonprofit institutional investors. Earlier this year, SEI introduced a new comprehensive administration platform to further complement the company’s Manager of Managers investment offering. The result is a complete, web-based administration solution integrated with investment management, fiduciary services and donor support needs. SEI’s Screened World Equity Ex-U.S. Fund will invest in securities of foreign issuers located in developed and emerging market countries, excluding companies whose activities directly or indirectly benefit the governments of countries that support terrorism, genocide or human rights abuses.

"Nonprofit organizations in particular have become increasingly sensitive to what types of activities their investments support," said Carolyn McLaurin, Vice President and Managing Director of SEI’s Nonprofit Group. "The new fund is another example of SEI expanding our investment options to meet the social investment criteria of our clients and prospects."

The actively-managed fund uses a multi-manager approach, relying on a number of sub-advisers with differing investment strategies to manage portions of the fund’s portfolio. The investment strategies utilize diversified sources of alpha with the objective of achieving returns above the Fund’s benchmark (MSCI All Country World ex-US Index adjusted for screens).

About SEI’s Institutional Group

SEI’s Institutional Group delivers integrated retirement, healthcare and nonprofit solutions to over 500 clients in seven different countries. SEI enables clients to meet financial objectives, reduce business risk, and fulfill their due diligence requirements through implemented strategies for the management of defined benefit plans, defined contribution plans, endowments, foundations and board designated funds. For more information, visit http://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, 2008, through its subsidiaries and partnerships in which the company has a significant interest, SEI administers $420 billion in mutual fund and pooled assets and manages $178 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 http://www.seic.com.