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Waddell & Reed Presenting at Citi Financial Services Conference

  Waddell & Reed Presenting at Citi Financial Services Conference

Business Wire

OVERLAND PARK, Kan. -- February 27, 2013

Waddell & Reed Financial, Inc. (NYSE: WDR) Chief Financial Officer, Daniel P.
Connealy, will present at the Citi 2013 Financial Services Conference on
Wednesday, March 6, 2013, at approximately 9:05 a.m. ET. Investors can access
the presentation on our Web site at www.waddell.com under the Investor
Relations tab. A live Web cast of the conference will be available on our Web
site and a replay option will be available shortly after the live
presentation.

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 Wholesale channel (encompassing broker/dealer,
retirement, and registered investment advisors), our Advisors channel (our
network of financial advisors), 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