Waddell & Reed Financial, Inc. Declares Quarterly Dividend and Announces Date of First Quarter Earnings Release

  Waddell & Reed Financial, Inc. Declares Quarterly Dividend and Announces
  Date of First Quarter Earnings Release

Business Wire

OVERLAND PARK, Kan. -- March 20, 2013

The Board of Directors of Waddell & Reed Financial, Inc. (NYSE: WDR) approved
a quarterly dividend on its Class A common stock of $0.28 per share payable on
May 1, 2013 to stockholders of record as of April 10, 2013.

Waddell & Reed Financial, Inc. will announce first quarter 2013 earnings
before trading begins on the New York Stock Exchange, Tuesday, April 23, 2013,
followed by a conference call at 11:00 a.m. Eastern. To listen to this call
live on the internet, visit our Web site at www.waddell.com. A replay will
bemade available shortly after the conclusion of the call and accessible for
seven days.

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
 
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