Manning and Napier : Two Manning & Napier Funds Make Schwab Mutual Fund OneSource Select List® for Q4 2016

International Series and Pro-Blend Maximum Term Series two of three Manning & Napier Fund, Inc. mutual funds named to list

FAIRPORT, NY, NOVEMBER 29, 2016 - Manning & Napier, Inc. (NYSE:MN), ('Manning & Napier' or 'the Company') announces its Emerging Markets Series Class S (MNEMX) is now joined by the Company's International Series Class S (EXITX) and Pro-Blend Maximum Term Series Class S (EXHAX) on Schwab's Mutual Fund OneSource Select List for the fourth quarter of 2016.

Mutual Funds on the OneSource Select List are rigorously analyzed by Charles Schwab Investment Advisory Inc. (CSIA) across a variety of quantitative and qualitative metrics including performance, risk, and expenses. To be considered, funds must be actively managed, no load, no transaction fee mutual funds with a positive track record spanning across more than three years.

Schwab's OneSource Select List is an important tool for individual investors to differentiate between thousands of available mutual funds and the list is widely-viewed by Schwab Portfolio and Financial Consultants. The Select List is provided for informational purposes and should not be considered an individualized recommendation.

'Being selected to be part of Schwab's OneSource Select List after going through rigorous criteria and selection process is validating and rewarding,' said Jeff Donlon, CFA, Managing Director of Global Strategies at Manning & Napier. 'Having our International Series on the list authenticates our top-down and active management approach to examining global, country-, and region-specific factors in order to identify investment opportunities such as those being created by economic trends, political changes, demographic shifts, and government reforms taking place around the world.'

To learn more about Manning & Napier's mutual funds, visit go.manning-napier.com/PRmutualfunds.

About Manning & Napier, Inc.

Manning & Napier (NYSE: MN) provides a broad range of investment solutions as well as a variety of consultative services that complement our investment process. Founded in 1970, we offer equity, fixed income and alternative strategies, as well as a range of blended asset portfolios, such as life cycle funds. We serve a diversified client base of high-net-worth individuals and institutions, including 401(k) plans, pension plans, Taft-Hartley plans, endowments and foundations. For many of these clients, our relationship goes beyond investment management and includes customized solutions that address key issues and solve client-specific problems. We are headquartered in Fairport, NY.

Safe Harbor Statement

This press release and other statements that the Company may make may contain forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which reflect the Company's current views with respect to, among other things, its operations and financial performance. Words like 'believes,' 'expects,' 'may,' 'estimates,' 'will,' 'should,' 'intends,' 'plans,' or 'anticipates' or the negative thereof or other variations thereon or comparable terminology, are used to identify forward-looking statements, although not all forward-looking statements contain these words. Although the Company believes that it is basing its expectations and beliefs on reasonable assumptions within the bounds of what it currently knows about its business and operations, there can be no assurance that its actual results will not differ materially from what the Company expects or believes. Some of the factors that could cause the Company's actual results to differ from its expectations or beliefs include, without limitation: changes in securities or financial markets or general economic conditions; a decline in the performance of the Company's products; client sales and redemption activity; changes of government policy or regulations; and other risks discussed from time to time in the Company's filings with the Securities and Exchange Commission.