The Bank of New York Mellon Ranked Top Trustee for Third Quarter 2007

PRNewswire-FirstCall
NEW YORK
(NYSE:BK)
Nov 27, 2007

NEW YORK, November 27, 2007 — The Bank of New York Mellon, a global leader in asset management and securities servicing, was the number one overall trustee for all U.S. debt for the third quarter of 2007, according to data compiled by Thomson Financial, a leading provider of financial technology and information.

The Bank's top trustee ranking encompasses lead positions across all significant U.S. debt segments, including long-term municipal, high yield, investment grade, asset-backed, mortgage-backed and collateralized debt.

At the end of the third quarter, the company served as trustee for approximately 1,820 issues across all debt segments, a 23.8% market share, valued at more than $734 billion in proceeds.

Karen Peetz, senior executive vice president and head of global corporate trust at The Bank of New York Mellon, said, "This ranking symbolizes our unrivaled experience and expertise successfully servicing every debt category. We continue to lead the way as the provider of choice for issuers and key market participants in the U.S. and every region of the world."

The Bank of New York Mellon's corporate trust business services $11 trillion in outstanding debt from 54 locations around the world. It services all major debt categories, including corporate and municipal debt, mortgage- backed and asset-backed securities, collateralized debt obligations, derivative securities and international debt offerings. The Bank of New York Mellon's corporate trust and agency services are delivered through The Bank of New York subsidiary.

The Bank of New York Mellon Corporation is a global financial services company focused on helping clients manage and service their financial assets, operating in 34 countries and serving more than 100 markets. The company is a leading provider of financial services for institutions, corporations and high-net-worth individuals, providing superior asset management and wealth management, asset servicing, issuer services, clearing services and treasury services through a worldwide client-focused team. It has more than $20 trillion in assets under custody and administration and more than $1.1 trillion in assets under management. Additional information is available at bnymellon.com.