Item 8.01. Other Events.

On October 27, 2008, Northern Trust Corporation issued a press release announcing its participation in the U.S. Department of the Treasury's voluntary Capital Purchase Program. A copy of the press release is furnished as Exhibit 99.1 to this Form 8-K, which is incorporated by reference into this Item 8.01. The term sheet published by the Department of Treasury describing the Capital Purchase Program is available on the Department's website at http://www.ustreas.gov.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

99.1 Press release dated October 27, 2008

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