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T. Rowe Price Group Declares Quarterly Dividend

    BALTIMORE, Sept. 8 /PRNewswire-FirstCall/ -- T. Rowe Price Group, Inc.
(Nasdaq: TROW) announced today that its Board of Directors has declared a
quarterly dividend of $0.23 per share payable October 7, 2005 to stockholders
of record as of the close of business on September 26, 2005.
    Founded in 1937, Baltimore-based T. Rowe Price Group, Inc. is a global
investment management organization with $244.8 billion in assets under
management as of June 30, 2005. The firm 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 a variety of 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:
    Steven Norwitz, +1-410-345-2124, or Brian
    Lewbart, +1-410-345-2242, or Rajiv Vyas, +1-410-345-6559, all of
    T. Rowe Price Group, Inc.