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Nationwide Financial names Eric Henderson to lead Individual Investments Group

FOR IMMEDIATE RELEASE
June 25, 2007

Contacts:
Jeff Whetzel
(614) 249-6354
whetzej@nationwide.com

Jeff Botti (614) 249-6339
bottij@nationwide.com

COLUMBUS, Ohio – Nationwide Financial Services, Inc. (NYSE: NFS), today announced that Eric Henderson has been named to lead the company’s Individual Investments Group, which includes fixed and variable annuities. Henderson will be responsible for all aspects of the segment, including managing its profitability, executing strategic initiatives, driving strategic positioning and product development, and overseeing operational efficiencies.

Mark Thresher, president and chief operating officer of Nationwide Financial, said Henderson’s extensive experience with Nationwide, annuities and the financial services industry made him a natural fit for the position.

“Eric’s knowledge of the annuity business gained through more than 20 years at Nationwide, combined with his strong management and communication skills, makes him a valuable addition to our leadership team,” Thresher said.

Henderson, who was previously vice president and chief financial officer of the business, has been leading the Individual Investments Group on an interim basis since January 2007. Henderson began his career at Nationwide as an actuarial assistant in 1985 and spent much of his career as an actuary in individual annuities. Since that time, he has held positions of increasing responsibility, including senior actuarial officer for both retail sales support and individual variable annuities, and vice president and product manager for individual variable annuities and income products.

Henderson holds master’s and bachelor’s degrees in mathematics from The Ohio State University and is a Fellow in the Society of Actuaries.

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 invest1 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. 104 on the Fortune 500 based on 2006 revenue2. 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.

© 2007, Nationwide Financial Services, Inc. All rights reserved.

1 Nationwide Investment Services Corporation, member NASD. In MI only: Nationwide Investment Svcs. Corporation

2 Fortune Magazine, 2007

Investments Retirement Insurance www.nationwide.com One Nationwide Plaza Columbus, OH 43215-2220

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