2009-05-28 13:03:03 -

Waddell & Reed Financial, Inc. (NYSE: WDR) Chief Executive Officer, Henry J. Herrmann, will present at Keefe, Bruyette & Woods 2009 Diversified Financial Services Conference on Wednesday, June 3, 2009, at approximately 3:00 p.m. ET. A live Web cast of the conference and presentation slides will be available on the Company’s Web site at www.waddell.com : under

the “Corporate” heading. For those unable to participate in the live Web cast, a replay will be available until June 30 th .

About the Company


Waddell & Reed, Inc., founded in 1937, is one of the oldest mutual fund complexes in the United States, having introduced the Waddell & Reed Advisors Group of Mutual Funds in 1940. Today, we distribute our investment products through the Waddell & Reed Advisors channel (our network of financial advisors), our Wholesale channel (encompassing broker/dealer, retirement, registered investment advisors as well as the activities of our Legend subsidiary), and our Institutional channel (including defined benefit plans, pension plans and endowments, as well as the activities of ACF and our subadvisory partnership with Mackenzie in Canada).


Through its subsidiaries, Waddell & Reed Financial, Inc. provides investment management and financial planning services to clients throughout the United States. Waddell & Reed Investment Management Company serves as investment advisor to the Waddell & Reed Advisors Group of Mutual Funds, Ivy Funds Variable Insurance Portfolios, Inc. and Waddell & Reed InvestEd Portfolios, Inc., while Ivy Investment Management Company serves as investment advisor to Ivy Funds, Inc. and the Ivy Funds portfolios. Waddell & Reed, Inc. serves as principal underwriter and distributor to the Waddell & Reed Advisors Group of Mutual Funds, Ivy Funds Variable Insurance Portfolios, Inc. and Waddell & Reed InvestEd Portfolios, Inc., while Ivy Funds Distributor, Inc.

serves as principal underwriter and distributor to Ivy Funds, Inc. and the Ivy Funds portfolios.

Waddell & Reed Financial, Inc.Nicole McIntosh, 913-236-1880Director
of Investor Relations