NEW YORK, November 28, 2007 — The Bank of New York Mellon, a global leader in asset management and securities servicing, has been named Trustee and Administrative Service Provider of the Year by Opal Financial Group, a leading provider of institutional investment and securitization events worldwide.

The award is based on a survey of global issuers, investors and other market participants who rated award nominees on achievement and performance in the securitization and CDO sectors.

"This award represents an independent vote of confidence in our single- point-of-contact relationship management model and our ability to develop and maintain active partnerships with issuers and investment banks in every region of the world," said Karen Peetz, senior executive vice president of The Bank of New York Mellon and head of the Global Corporate Trust business. "As the leading provider of corporate trust services worldwide, we are fully committed to delivering the highest quality service and are gratified to have received this recognition from the organizations we serve."

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.

Corporate trust providers are appointed by corporations, municipal governments and other entities issuing debt to perform a variety of duties, including servicing and maintaining the debt issue, processing principal and interest payments for investors, representing investors in defaults, and providing value-added services for complex debt structures.

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.