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Russell 1000(R) Index Reflected a 15.1% Year-to-Date Gain as of 12/7 for 2012 as Russell Investments Predicts Modest U.S. Market Growth in 2013

SEATTLE, WA -- (Marketwire) -- 12/12/12 -- The U.S. large-cap Russell 1000® Index reflected a return of 15.1% year-to-date as of December 7th, 2012, driven primarily by strong gains in the Consumer Discretionary (24.2%), Financial Services (23.3%) and Healthcare (20.1%) sectors, according to Russell Indexes. This follows a 1.5% return for the Index in 2011 and compares to 16.9% and 15.3% returns for the Russell Eurozone Index and Russell Emerging Markets Index, respectively, for the same time period.

In Russell Investments' recently released 2013 Annual Global Outlook, its team of global investment strategists highlight core expectations for capital markets along with a point of view on central investment issues for the coming year. For 2013, the Outlook projects a year-end level of 830 for the Russell 1000 Index, which would reflect a 5.8% increase from 784.5 as of market close on Dec. 7, 2012. This is based on expectations for continued moderate U.S. economic growth and single-digit equity market returns against the backdrop of episodic European-generated volatility.

"President Obama and the Republican-controlled House of Representatives face twin challenges: the immediate fiscal cliff and long-term budget issues facing the federal government," said Stephen Wood, Chief Market Strategist for Russell Investments. "Considering the menu of possible policy choices, our expectation is that the likely fiscal tightening in 2013 will not be severe enough to send the U.S. economy into recession. That said, we'll continue to see ongoing volatility and a 'risk-on/risk-off' investment environment globally, creating the need for a dynamic, multi-asset portfolio approach."

Index / Sector                                   YTD Returns as of 12/7/12
Russell 1000 Index®                                        15.1%
Russell 1000 Consumer Discretionary Sector                 24.2%
Russell Eurozone Index                                     16.9%
Russell Emerging Markets Index                             15.3%
Russell 1000 Financial Services Sector                     23.3%
Russell 1000 Healthcare Sector                             20.1%
Russell 1000 Producer Durables Sector                      13.8%
Russell 1000 Consumer Staples Sector                       12.1%
Russell 1000 Materials & Processing Sector                 11.6%
Russell 1000 Technology Sector                             11.4%
Russell 1000 Utilities Sector                              8.2%
Russell 1000 Energy Sector                                 3.6%

Source: Russell Investments

Nothing contained in this material is intended to constitute legal, tax, securities or investment advice, nor an opinion regarding the appropriateness of any investment, nor a solicitation of any type. The general information contained in this publication should not be acted upon without obtaining specific legal, tax and investment advice from a licensed professional.

Please note: Indexes are unmanaged and cannot be invested in directly. Returns represent past performance, are not a guarantee of future performance, and are not indicative of any specific investment. Russell's publication of the Indexes or Index constituents in no way suggests or implies a representation or opinion by Russell as to the attractiveness of investing in a particular security. Inclusion of a security in an Index is not a promotion, sponsorship or endorsement of a security by Russell and Russell makes no representation, warranty or guarantee with respect to the performance of any security included in a Russell Index.

Opinions expressed by Mr. Wood reflect market performance and observations as of December 7, 2012 and are subject to change at any time based on market or other conditions without notice. Please remember that past performance does not guarantee future performance.

These views are subject to change at any time based upon market or other conditions and are current as of the date at the top of the page. The opinions expressed in this material are not necessarily those held by Russell Investments, its affiliates or subsidiaries. While all material is deemed to be reliable, accuracy and completeness cannot be guaranteed. The information, analysis, and opinions expressed herein are for general information only and are not intended to provide specific advice or recommendations for any individual or entity.

Please remember that all investments carry some level of risk, including the potential loss of principal invested. They do not typically grow at an even rate of return and may experience negative growth.

Forecasting represents predictions of market prices and/or volume patterns utilizing varying analytical data. It is not representative of a projection of the stock market, or of any specific investment. Keep in mind, like all investing that multi-asset investing does not assure a profit or protect against loss.

Investment in Global, International or Emerging markets may be significantly affected by political or economic conditions and regulatory requirements in a particular country. Investments in non-U.S. markets can involve risks of currency fluctuation, political and economic instability, different accounting standards and foreign taxation. Such securities may be less liquid and more volatile. Investments in emerging or developing markets involve exposure to economic structures that are generally less diverse and mature, and political systems with less stability than in more developed countries.

Diversification, strategic asset allocation and multi-asset investing do not assure profit or protect against loss in declining markets.

The Russell Global Index includes more than 10,000 securities in 48 countries and covers 98% of the investable global market. All securities in the index are classified according to size, region, country and sector. Daily Returns for the main components are available here:

Russell Investment Group is a Washington, USA Corporation, which operates through subsidiaries worldwide, including Russell Investments, and is a subsidiary of The Northwestern Mutual Life Insurance Company.

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