Press Release

Release No. 0207-15
February 16, 2007

RAYMOND JAMES FINANCIAL BOARD
DECLARES QUARTERLY DIVIDEND

ST. PETERSBURG, Fla. – The Raymond James Financial Board of Directors Friday authorized a quarterly cash dividend on its common shares of $.10 per share, payable April 19 to shareholders of record April 3, 2007.

This is the 21st consecutive year in which Raymond James has paid its shareholders a dividend.

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 wholly owned broker/dealers, Raymond James & Associates, Raymond James Financial Services and Raymond James Ltd., have more than 4,600 financial advisors serving approximately 1.6 million accounts in 2,200 locations throughout the United States, Canada and overseas. In addition, total client assets are approximately $193 billion, of which $33.9 billion are managed by the firm’s asset management subsidiaries.

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For more information, contact Anthea Penrose at 727-567-5283.
Please visit the Raymond James Press Center at raymondjames.com/media.