S. As of the period ending
December 31, 2004, through our subsidiaries and partnerships in which we have
a significant interest, SEI administers over $288 billion in mutual fund and
pooled assets , manages over $120 billion in assets, and operates 22 offices in
12 countries.

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Nuveen Investments Expands Taxable Fixed-Income Capabilities

Each member of our new team
brings significant depth of experience and expertise. We can now look forward to providing an even
wider range of high-quality taxable fixed-income services for
institutional and high-net-worth investors and their advisors.

, SEI Investments
(Nasdaq: SEIC), a leading provider of outsourced asset management and
investment technology solutions, announced today that San Francisco-based
Wells Fargo + Company has renewed its contract with SEI for portfolio
processing and accounting and performance reporting solutions .

The term is normally used in reference to the asset manager of large institutions such as bank trust departments, pension funds, insurance companies and mutual funds.

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"Our approach fits perfectly with the Firm's risk-managed investment
philosophy. The company's innovative
solutions help corporations , financial institutions, financial advisors, and
affluent families create and manage wealth.

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Our goal is to help our clients reach their long-term
investment goals by providing them with customized taxable
fixed-income portfolio management solutions with superior total return
performance. It is great to be part of an organization that is totally
focused on meeting the needs of its clients .

Wells Fargo + Company Renews Relationship With SEI Investments as Partner for Investment Processing

OAKS, Pa. Crudup, Executive Vice President and head of SEI's Private Banking
and Trust business . "They are a prestigious national bank and a valued
client.

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Adding
impressive depth and experience are senior team members Ronald
Lagnado, Managing Director, Quantitative Research; Christian Romon ,
Managing Director, Credit Research and Portfolio Management; Saied
Simozar, Managing Director , Global Interest Rate Strategy; and Steven
Vielhaber, Managing Director, Portfolio Strategy.com

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SEI's portfolio processing and accounting system is the longstanding
industry leader in the large bank market and is used by seven of the top ten
largest U.

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A Money Manager firm is paid a fee to supervise and make the investment decisions of others.

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For more information, visit http:/ /www.com.

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While our
municipal business continues to lead the industry, our equity and
fixed-income investments have grown to represent fully half of our
assets under management. Nuveen Investments , Inc.

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The team's seasoned expertise in credit research, economic
analysis and risk management enables Nuveen to immediately expand its
taxable fixed-income offerings with new investment strategies such as
Multi-strategy Short Duration, Multi-strategy Core Plus, High Yield
and Emerging Market Sovereign Debt."

Contact: Dana Grosser
Voice: 610.2459
E-Mail: dgrosser@seic.

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Stenwall previously headed fixed-income and cash management
teams at Banc of America Capital Management, where he oversaw the
management of over $170 billion in fixed-income assets.

The Company serves institutional clients, financial advisors and
high-net-worth investors.

globalbridge pooled

Tim Schwertfeger, Chairman and CEO, Nuveen Investments, said, "We
are continuing to expand our business platform with high-quality
investment teams that share our commitment to deep specialization and
our philosophy of conservative innovation.
"We are extremely proud to have a relationship with Wells Fargo," said
Robert F.

talisker pooled

"
The team is led by Andrew Stenwall, who recently joined Nuveen as
Managing Director and Chief Investment Officer for Taxable Fixed
Income. The firm's asset management capabilities are
marketed through four distinct brands, each with an independent
investment team and area of expertise: Nuveen, focused on fixed-income
investments; NWQ, specializing in value-style equities; Rittenhouse,
dedicated to blue-chip growth equities; and Symphony, with expertise
in alternative investment portfolios.

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"

About SEI
SEI Investments (Nasdaq: SEIC) is a leading global provider of asset
management and investment technology solutions.

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He has more
than 16 years of experience, including previous positions at Lazard
Freres Asset Management, Lehman Brothers and PaineWebber.

However, it may also be applied to those firms who manage the investment assets of smaller individual investors as well.

meeder taxable

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"
Nuveen Investments provides high-quality investment services that
contribute to the building of well-diversified investment portfolios.

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Also contributing to
the strong talent base are senior analysts and traders who previously
worked with this team at Banc of America Capital Management. banks, a list that includes Wells Fargo.676.

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Money Mangers may also be known as Investment Managers, Investment Advisers, or Investment Advisors.

discretionary secondaries

"We are excited about the opportunity to enhance Nuveen's taxable
fixed-income offerings and contribute to the growing range of
expertise and quality services at Nuveen Investments," said Stenwall.seic.

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Business Editors

CHICAGO ----Nuveen Investments, a
leading provider of diversified investment services, has strengthened
its fixed-income expertise and increased its offerings for
institutional and high-net-worth investors by adding a team of
experienced taxable fixed-income professionals, the firm announced
today.

In total, the Company manages
approximately $119 billion in assets. is
listed on The New York Stock Exchange and trades under the symbol
"JNC.