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DST Vision™ Adds Recent Transaction Reporting and Automated E-mail Alerts

More than 3,500 financial advisors sign up to receive Transaction Alerts during first week of availability.

February 19, 2003

KANSAS CITY, MO (February 19, 2003) – DST Vision™, the leading Web site for financial advisors, now offers a consolidated daily blotter of financial activity and an automated e-mail notification system. Together, the new features offer advisors unprecedented convenience and the timely information they need to better service their clients. Advisors have already shown tremendous support for the features; more than 3,500 financial advisors signed up for the transaction alerts system in its first week of availability alone.

The blotter, named Recent Transactions, provides a detailed list of financial transactions for all client accounts on a single page. Advisors can – with a single click – locate and review transactions that have occurred across their client base within the past five business days. Recent Transactions bolsters efficiency, as advisors no longer have to individually search specific accounts or wait for paper confirmation statements to identify time-sensitive information.

Further enhancing the Recent Transactions feature is Vision’s new automated E-mail Alert system. Advisors may sign up to receive proactive transaction notifications of the previous day’s activity through a single, daily message. Contained within the e-mail message is a link to the Vision Web site, where additional detail on the transactions can be viewed. E-mail Alerts complement Recent Transactions and are a convenient method for busy professionals to keep on top of client account activity.

“Recent Transactions is such a great time saver,” said Peter Chemidlin, president of Family Investors, Inc. in Fanwood, N.J. “It now takes minutes – rather than hours – to see the inflows and outflows of cash in my clients’ accounts.”

“Vision’s Recent Transactions feature has impacted my business in a positive way,” said Anders Juel, investment advisor representative for Brecek & Young Advisor Services. “I can monitor transactions such as account roll-overs without making a call to the mutual fund company. E-mail Alerts and Recent Transactions help me keep track of my clients’ accounts, enhancing my service to them as well as controlling my practice.”

“Vision is dedicated to providing advisors access to the information and account management tools they need to better serve their clients,” said Kyle Mallot, DST client services officer responsible for the Vision Web site. “The benefits resulting from the Recent Transactions and E-mail Alerts features raise the bar and further serve to strengthen the leadership position of Vision and its participating companies within the financial planning community.”

Introduced in 1998, DST Vision™ is engineered to provide independent advisors with many of the convenience and consolidation aspects of a brokerage account for customer positions held directly with fund families and variable annuity providers. Through a single sign-on, advisors gain access to comprehensive information about their customer accounts, as well as additional account management capabilities including transaction processing, electronic statements, and customizable client portfolios. More than 70 percent of third-party-distributed mutual funds and the leading variable annuity providers participate in Vision®, including industry giants Alliance Capital, AIM Investments, American Funds, MFS Investment Management, Nationwide Financial, OppenheimerFunds, Inc., and Pacific Life. Due largely to the cooperation and feedback from an active community of advisors, broker/dealers, and product manufacturers, Vision is continually enhanced to bridge the information gap and serve the evolving needs of financial intermediaries. Visit Vision at www.dstvision.com.

DST Systems, Inc. (NYSE: DST) provides sophisticated information processing and computer software services and products that help clients improve productivity, increase efficiencies, and provide higher levels of customer service. DST is organized domestically and internationally into three operating segments: Financial Services, Customer Management, and Output Solutions. DST operates one of the most advanced data centers in the world, which provides information-processing services to support the products within each operating segment. These products are further enhanced through the integration of DST’s advanced technology and e-commerce solutions.

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