/C O R R E C T I O N -- T. Rowe Price Group, Inc./

In the news release, T. Rowe Price Group Reports Preliminary Month-End Assets Under Management For March 2018, issued 11-Apr-2018 by T. Rowe Price Group, Inc. over PR Newswire, we are advised by the company that the first paragraph, second sentence, should read "Client transfers from mutual funds to other portfolios, including trusts and separate accounts were $0.4 billion and $8.9 billion for the month and quarter-ended March 31, 2018, respectively." rather than "Client transfers from mutual funds to other portfolios, including trusts and separate accounts were $0.4 billion and $8.9 billion for the month and year-ended March 31, 2018, respectively." as originally issued inadvertently. The complete, corrected release follows:

T. Rowe Price Group Reports Preliminary Month-End Assets Under Management For March 2018

BALTIMORE, April 11, 2018 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) today reported preliminary month-end assets under management of $1.01 trillion as of March 31, 2018.  Client transfers from mutual funds to other portfolios, including trusts and separate accounts were $0.4 billion and $8.9 billion for the month and quarter-ended March 31, 2018, respectively.

The firm's assets under management as of March 31, 2018 and for prior month- and year-end, by investment vehicle, asset class, and in the firm's target date retirement portfolios are as follows:

Founded in 1937, Baltimore-based T. Rowe Price (troweprice.com) is a global investment management organization that 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.