Nationwide Financial Declares Regular Quarterly Dividend

COLUMBUS, Ohio, Mar 5, 2003 /PRNewswire-FirstCall via COMTEX/ — The board of directors of Nationwide Financial Services, Inc. (NYSE: NFS), a leading provider of retirement and long-term savings insurance products, has declared a regular quarterly dividend of 13 cents ($0.13) per share on the issued and outstanding common shares of the company. The dividend is payable April 15, 2003, to shareholders of record at the close of business on April 1, 2003.

Columbus-based Nationwide Financial is the holding company for the domestic retirement-savings operations of Nationwide, which owns 63 percent of the outstanding common shares of NFS. The major operating subsidiary of NFS is Nationwide Life Insurance Company, the country’s 11th-largest life insurer(1). For more information about Nationwide Financial, visit www.nationwidefinancial.com .

News Media Contact: Bryan Haviland 614-677-7767 Investor Contact: Kevin O’Brien 614-677-5331 (1) A.M. Best, based on 9/30/02 assets SOURCE Nationwide Financial Services, Inc.

URL: http://www.nationwidefinancial.com