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T. Rowe Price Group Declares Quarterly Dividend

    BALTIMORE, Sept. 4 /PRNewswire-FirstCall/ -- T. Rowe Price Group, Inc.
(Nasdaq: TROW) announced today that its Board of Directors has declared a
quarterly dividend of $0.24 per share payable September 29, 2008 to
stockholders of record as of the close of business on September 15, 2008.

    Founded in 1937, Baltimore-based T. Rowe Price Group, Inc. is a global
investment management organization with $387.7 billion in assets under
management as of June 30, 2008. The organization provides a broad array of
mutual funds, sub-advisory services, and separate account management for
individual and institutional investors, retirement plans, and financial
intermediaries. The company also offers sophisticated investment planning
and guidance tools. T. Rowe Price's disciplined, risk-aware investment
approach focuses on diversification, style consistency, and fundamental
research. More information is available at http://www.troweprice.com.



SOURCE T. Rowe Price Group, Inc.




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Related links:
  • http://www.troweprice.com
    CONTACT:
    Brian Lewbart, +1-410-345-2242, Steve
    Norwitz, +1-410-345-2124, Robert Benjamin, +1-410-345-2205, or
    Heather McDonold, +1-410-345-6617, all of T. Rowe Price Group,
    Inc.