NEW YORK, November 29, 2007 — The Bank of New York Mellon, a global leader in asset management and securities servicing, has launched a new index which comprises a select group of American depositary receipts (ADRs) from China. The Bank of New York China Select ADR Index is a subset of The Bank of New York ADR Index®, which is the only index to track all depositary receipts, New York shares and global registered shares that trade on the New York Stock Exchange, American Stock Exchange and NASDAQ. The indices are calculated on a continuous basis throughout the trading day and are capitalization-weighted and adjusted for free-float, using Dow Jones' current methodology. Additional information is available at http://www.adrindex.com/.

Christopher Sturdy, executive vice president and head of The Bank of New York Mellon's Depositary Receipt Division, said, "The Bank of New York Mellon actively watches the global equity markets to identify and leverage trends. In response to investor interest in China's growing market, we developed this new index for investors seeking to track and benchmark ADRs from Chinese companies."

The Bank of New York Mellon's Depositary Receipt business is conducted through The Bank of New York subsidiary, which acts as depositary for more than 1,290 American and global depositary receipt programs, acting in partnership with leading companies from 61 countries. With an unrivalled commitment to helping securities issuers succeed in the world's rapidly evolving financial markets, the Bank delivers the industry's most comprehensive suite of integrated depositary receipt, corporate trust and stock transfer services. Additional information is available at http://www.adrbny.com/.

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, more than $1.1 trillion in assets under management and services $11 trillion in outstanding debt. Additional information is available at bnymellon.com.

This release is for informational purposes only. The Bank of New York Mellon provides no advice nor recommendation or endorsement with respect to any company or securities. Nothing herein shall be deemed to constitute an offer to sell or a solicitation of an offer to buy securities. Depositary Receipts: Not FDIC, State or Federal Agency Insured; May Lose Value; No Bank, State or Federal Agency Guarantee.