NFS Nationwide Fin Svcs

Nationwide Financial Services, Inc. (NYSE: NFS), has selected Cain Hayes to lead its bundled retirement plan services. Hayes joins Nationwide after 17 years with The Principal Financial Group where he most recently served as vice president of operations for the company�s large-plan retirement business. Prior to that role he served as the vice president and national sales director of its small-plan retirement business. �Cain�s extensive experience and successful track record in operations and sales leadership will be tremendously valuable to our organization,� said Bill Jackson, president of Nationwide retirement plans. �We realize that there are many plan sponsors and investment professionals that prefer this model and Cain�s focus on this market will allow us to meet these sponsors� needs while continuing to serve the wider market through our network of highly experienced local administrators.� In his new role, Hayes is responsible for leading Nationwide�s existing bundled retirement plan operations where he�ll work to design long-term solutions and deliver products and services that meet the needs of those employers who, with their investment professionals, determine their plans� needs are best met by a bundled provider. Nationwide plans to continue growing its bundled business alongside its very successful unbundled service model, providing investment professionals and plan sponsors with two first-class options. �The expansion of our bundled service offering will complement our existing and strong distribution model built around our partnerships with some of the industry�s best third-party administrators. Under Cain�s leadership, we will now be able to meet the needs of plans seeking bundled solutions while maintaining our focus on helping our direct distribution partners grow their businesses,� said Jackson. Hayes earned his bachelor�s degree in business administration from Drake University and an MBA from Webster University. He holds Chartered Financial Consultant and Certified Employee Benefit Specialist designations. Hayes, his wife and two children will relocate to Columbus, Ohio from their current home in Des Moines, Iowa. About Nationwide Financial Nationwide Financial Services, Inc. (NYSE: NFS), a publicly traded company based in Columbus, Ohio, provides a variety of financial services that help consumers invest2 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. 108 on the Fortune 500 based on 2007 revenue3. For more information, visit www.nationwide.com. Nationwide, Nationwide Financial, the Nationwide Framemark and On Your Side are federally registered service marks of Nationwide Mutual Insurance Company. 1 Advisor Needs Assessment Research sponsored by Nationwide, May 2008. 2 Nationwide Investment Services Corporation, member FINRA. In MI only: Nationwide Investment Svcs. Corporation. 3 Fortune Magazine, April 2008