Press Release

November 25, 2009

RAYMOND JAMES FINANCIAL BOARD
MAINTAINS QUARTERLY DIVIDEND

ST. PETERSBURG, Fla. – The Raymond James Financial Board of Directors yesterday declared a quarterly cash dividend on its common shares of $.11 per share, payable January 21, 2010, to shareholders of record January 4, 2010. This is the 24th consecutive year in which Raymond James has paid its shareholders a dividend.

About Raymond James Financial

Raymond James Financial (NYSE-RJF) is a Florida-based diversified holding company providing financial services to individuals, corporations and municipalities through its subsidiary companies. Its three principal wholly owned broker/dealers (Raymond James & Associates, Raymond James Financial Services and Raymond James Ltd.) and Raymond James Investment Services Limited, a majority-owned independent contractor subsidiary in the United Kingdom, have a total of more than 5,300 financial advisors serving approximately 1.9 million accounts in more than 2,300 locations throughout the United States, Canada and overseas. In addition, total client assets are approximately $220 billion, of which $28 billion are managed by the firm’s asset management subsidiaries.

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For additional information, please contact Anthea Penrose at 727-567-2824.
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