Federated Investors, Inc. Earns Institutional Investor Award

         Federated Investors, Inc. Earns Institutional Investor Award

- Federated recognized in the Cash Management & Short-Term Fixed Income
category

PR Newswire

PITTSBURGH, May 17, 2013

PITTSBURGH, May 17, 2013 /PRNewswire/ --Federated Investors, Inc. (NYSE:
FII), one of the nation's largest investment managers, today announced that it
has been recognized by Institutional Investor magazine in their annual U.S.
Investment Management Awards. Federated was recognized in the Cash Management
& Short-Term Fixed Income category.

The awards, now in their fourth year, recognize U.S. institutional money
managers for their innovative strategies, fiduciary savvy and impressive
short- and long-term returns, as well as U.S. money managers in more than 35
asset classes and strategies who stood out in the eyes of the investor
community for their exceptional performance, risk management and service.
Federated's award was presented at a ceremony on Thursday, May 16, 2013.

"As a cash-management pioneer and leader, we are honored that Institutional
Investor magazine recognized Federated for products that play a central role
in client needs and capital markets," said John B. Fisher, president and chief
executive officer of Federated Advisory Companies. "For nearly four decades,
investors have turned to Federated for cash-management solutions that offer
diligent credit analysis, broad diversification and daily liquidity at par."

Federated Investors, Inc. is one of the largest investment managers in the
United States, managing $377.3 billion in assets as ofMarch 31, 2013. With
137 funds and a variety of separately managed account options, Federated
provides comprehensive investment management to approximately 5,500
institutions and intermediaries including corporations, government entities,
insurance companies, foundations and endowments, banks and broker/dealers.
For more information, visit  http://FederatedInvestors.com.

SOURCE Federated Investors, Inc.

Website: http://FederatedInvestors.com
Contact: MEDIA: Ed Costello, 412-288-7538 or Meghan McAndrew, 412-288-8103, or
ANALYSTS: Ray Hanley, 412-288-1920