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Nationwide Financial(R) Appoints Larry Milder To Lead Independent Channel Sales

    COLUMBUS, Ohio, Aug. 1 /PRNewswire/ -- Nationwide Financial Services,
Inc. (NYSE: NFS) announced that Larry Milder has joined the company to lead
sales in the independent channel.
    Milder will be responsible for annuity, life insurance and pension plan
sales activities within the independent broker-dealer channel, and will
assist with the development and marketing of new products.
    "With more than 20 years of industry sales experience, Larry will be a
valuable asset as we continue to strengthen relationships with our business
partners," said John Carter, president of Nationwide Financial
Distributors, Inc. "Our sales team is a critical component to providing
simpler solutions to investment professionals and their clients, and we
look forward to Larry leading this commitment in the independent channel."
    Milder comes to Nationwide Financial from MFS Investment Management,
where most recently he served as senior vice president and director of
national sales, overseeing retail distribution of mutual funds, annuities
and separately managed accounts to independent, bank and insurance broker
dealers. Prior to MFS he was a financial consultant with Merrill Lynch.
    He holds undergraduate degrees in history and psychology from American
International College and completed the course requirements in the master's
program at the Boston University School of Public Communications before
joining ABC News as an associate producer.
    About Nationwide Financial(R)
    Nationwide Financial Services, Inc. (NYSE: NFS), a publicly traded
company based in Columbus, Ohio, provides a variety of financial services
that help consumers invest and protect their long-term assets, and offers
retirement plans and services through both public- and private-sector
employers.
    It's part of the Nationwide group of companies, which offers
diversified insurance and financial services. The group is led by
Nationwide Mutual Insurance Company, which is ranked No. 98 on the Fortune
100 based on 2005 revenue(1). For more information, visit
http://www.nationwide.com.
    Nationwide and the Nationwide Framework are federally registered
service marks of Nationwide Mutual Insurance Company. On Your Side is a
service mark of Nationwide Mutual Insurance Company.
    (1) Fortune Magazine, April 2006


SOURCE Nationwide Financial Services, Inc.




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    CONTACT:
    Jeff Whetzel, +1-614-249-6354, or
    whetzej@nationwide.com, or Jeff Botti, +1-614-249-6339, or
    bottij@nationwide.com, both of Nationwide