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Waddell & Reed Financial, Inc. Provides Notice of Conference Call

  Waddell & Reed Financial, Inc. Provides Notice of Conference Call

Business Wire

OVERLAND PARK, Kan. -- January 22, 2013

Waddell & Reed Financial, Inc. (NYSE: WDR) is expected to announce fourth
quarter financial and operational results before the market opens on Tuesday,
January 29, 2013. A copy of the press release, along with supplemental data
schedules, will be available on the Investor Relations section of our Web site
at www.waddell.com shortly after the public release of our quarterly results.

The company will host a conference call at 10:00 a.m. Eastern to discuss the
quarterly results and answer investors’ questions. Individuals who wish to
participate in the conference call should dial (866) 320.1584 and reference
participant code 78686409. The call can also be accessed on the Internet by
visiting the Investor Relations section of our Web site. Individuals unable to
join the conference call at the scheduled time can access a replay that will
be available shortly after the conclusion of the call for 7 days. The replay
can be accessed by dialing (855) 859.2056 and entering the participant code
listed above, or by visiting the Investor Relations section of our Web site.

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, 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 and InvestEd Portfolios, while Ivy Investment
Management Company serves as investment advisor to Ivy Funds. Waddell & Reed,
Inc. serves as principal underwriter and distributor to the Waddell & Reed
Advisors Group of Mutual Funds, Ivy Funds Variable Insurance Portfolios and
InvestEd Portfolios, while Ivy Funds Distributor, Inc. serves as principal
underwriter and distributor to Ivy Funds.

Contact:

Waddell & Reed Financial, Inc.
Nicole McIntosh-Russell, 913-236-1880
VP, Investor Relations