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T. Rowe Price Group Stockholders Reelect Board of Directors

April 14, 2010

BALTIMORE, April 14, 2010 /PRNewswire via COMTEX News Network/ -- At its annual meeting today, stockholders of T. Rowe Price Group, Inc. (Nasdaq: TROW) reelected all nine nominees to the Board of Directors. Stockholders also ratified the reappointment of KPMG LLP as the Company's independent registered public accounting firm.

Founded in 1937, Baltimore-based T. Rowe Price (www.troweprice.com) is a global investment management organization with $391.3 billion in assets under management as of December 31, 2009. The organization provides a broad array of mutual funds, subadvisory services, and separate account management for individual and institutional investors, retirement plans, and financial intermediaries. The organization 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.

SOURCE T. Rowe Price Group, Inc.

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