Contact:

Matthew J. Saltzman
Director of Marketing
Todd Investment Advisors, Inc.
101 S. 5th Street, Suite 3160
Louisville, KY 40202
P: 502.585.3121
msaltzman@toddinvestment.com

For Immediate Release
December 19, 2005

TODD INVESTMENT ADVISORS, INC. MOVES INTO 2006 WITH LEADERSHIP SUCCESSION

-- Continuity Ensured with Bosworth M. Todd, Robert P. Bordogna and Curtiss M. Scott, Jr. --

LOUISVILLE, Ky. - (Dec. 19, 2005) - Todd Investment Advisors, Inc. (Todd Investment Advisors) today announced that three senior executives will move into new roles and responsibilities on Jan. 1, 2006, as part of the organization’s long-standing succession plan.

Robert P. Bordogna (Bob) will transition out of the roles of president and chief executive officer and has been named Todd Investment Advisors’ new chairman. Bosworth M. Todd (Bos) will become the firm’s chairman emeritus, and Curtiss M. Scott, Jr. (Curt) has been selected as the firm’s next president and chief executive officer. In this role, Scott will be responsible for executing the firm’s long-term strategic plan and oversight of new product initiatives as well as the day-to-day operations. Currently, Scott is a member of the board of directors and part of the firm’s executive team.

“This succession plan has been a critical component of our long-term strategy and this is an excellent time to transition the jobs of president and chief executive officer to Curt. The firm’s momentum is building and has reached a point of success that allows a new generation of leaders to take it to the next level,” said Bordogna.

He went on to state, “Curt is an exceptional leader of people with strong ethics and deep insight into the needs of our clients. He was a natural choice to evolve the firm as we continue to build upon our success.”

According to Todd, the firm is fortunate to have such a talented leader already within Todd Investment Advisors to build upon its success in the future. “As Todd Investment Advisors’ founder, it was extremely important to me that our disciplined approach to investing and a strong emphasis on integrity remain the cornerstones of our firm. Under Curt’s leadership, I am confident that will be the case. Curt is intimately familiar with the intricacies of our investment strategies. In addition, he is trusted and respected by clients and industry peers alike,” stated Todd.

Scott, Todd Investment Advisors’ incoming president and chief executive officer, believes that the firm is in the early stages of what should be an extraordinary time of growth and innovation.

“Over the last 10 years, Bob has executed a strategic plan that has positioned Todd Investment Advisors to grow to become a ‘top 100’ firm in the future. I am extremely excited by the opportunity in front of us,” said Scott.

Scott went on to say, “We look forward to expanding upon this foundation by continuing to deliver new and innovative products, broadening our current distribution channels, and seeking to double our assets under management over the next five years.”

Scott, 51, was raised in Louisville, Kentucky. He attended the University of Louisville, graduating with a bachelor of science degree. Since joining Todd in 1996, as a partner and senior portfolio manager, Scott has been instrumental in refining the investment process and innovating new investment products that extend the firm’s “Price to Intrinsic Value” philosophy. As a member of Todd’s board of directors, Scott is deeply integrated into the firm’s long-term strategic plan. Prior to joining Todd Investment Advisors, Scott spent 18 years with several investments firms, including: Lazard Freres Asset Management, Oppenheimer Mutual Funds and First Kentucky Trust Company.

About Todd Investment Advisors, Inc.:
Todd Investment Advisors, Inc. founded in 1967 and based in Louisville, Ky., is one of the regions oldest and largest money management firms with more than $3.5 billion in assets under management. Clients include public and private institutions, corporations, mutual funds, third-party platforms and high net worth individuals. Todd Investment Advisors' approach to investments is focused on a proprietary "Price to Intrinsic Value" methodology. The firm utilizes a variety of investment strategies including Relative Value Equity, International ADRs, Managed ETFs, and socially responsible investing. For more information, please visit www.toddinvestment.com. Todd Investment Advisors is a subsidiary of Fort Washington Investment Advisors, Inc. and a member of Western & Southern Financial Group^®.

About Fort Washington Investment Advisors, Inc.:
Fort Washington Investment Advisors, Inc. (Fort Washington), a registered investment advisor, provides professional and comprehensive investment management services for institutions, corporations, insurance companies, mutual funds, foundations, associations and high-net-worth individuals. Founded in 1990, Fort Washington manages more than $25.7 billion in assets*, offering a broad array of investment styles from equity and fixed income to private equity limited partnerships. Fort Washington is a member of Western & Southern Financial Group^®.

* As of 9/30/05 does not include Todd Investment Advisors, Inc., a wholly owned subsidiary, with $3.5 billion in assets; or Fort Washington Capital Partners Group, a division for Fort Washington Investment Advisors, Inc., with more than $1 billion in commitments and assets under management.

About Western & Southern Financial Group
Western & Southern Financial Group (W&SFG) is a Cincinnati-based diversified family of financial services companies with assets owned and under management of $38 billion. A FORTUNE 500 company, W&SFG is one of only 11 groups in the world to earn Standard & Poor’s AA+ rating or higher for its life insurance units, and is consistently recognized by A.M. Best, Moody’s and Fitch for financial strength and sound management. With a heritage dating to 1888, the group’s affiliates include The Western and Southern Life Insurance Company, Western-Southern Life Assurance Company, Capital Analysts Incorporated, ^{1, 2} Columbus Life Insurance Company, Eagle Realty Group LLC, Fort Washington Investment Advisors, Inc., ¹ Fort Washington Savings Company,³ IFS Financial Services, Inc., Integrated Fund Services, Inc., Integrity Life Insurance Company, The Lafayette Life Insurance Company and Touchstone Investments. For more information, please visit www.westernsouthern.com. W&SFG is the title sponsor of the Western & Southern Financial Group Masters and Women’s Open tennis tournaments.

¹ A registered investment advisor.
² A registered broker-dealer and member NASD/SIPC.
³ Member FDIC.

Ratings refer to the financial strength of the insurance company and not to the safety, stability or performance of any investment product.

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