LOS ANGELES, September 26, 2007 — BNY Mellon Asset Servicing, the global leader in asset servicing, has announced that it will provide U.S. and global back office support for Huber Capital Management LLC, a Los Angeles-based investment management firm that specializes in U.S. equity value strategies. BNY Mellon Asset Servicing will provide a wide range of value-added support services, including transaction processing, portfolio accounting, reconciliations, performance measurement, client reporting, and client billing.

"Huber Capital Management is dedicated to providing its clients with the highest quality resources. The BNY Mellon Asset Servicing platform will allow us to properly scale the business commensurate with our growth, while maintaining the highest level of client servicing," said Joe Huber, chief executive officer.

"BNY Mellon Asset Servicing's systems architecture truly represents a complete and total back office outsourcing solution, allowing us to focus on our core business of asset management," added Gary Thomas, Huber's chief operating officer.

"We continue to see growing demand for outsourcing services from newly established investment management firms," said Vince Sands, executive vice president of BNY Mellon Asset Servicing. "Our Los Angeles outsourcing facility is also ideally located to these emerging companies and driving our business expansion on the West Coast."

Huber Capital Management, LLC is a value-oriented investment advisory firm headquartered in Los Angeles, California. Founded in 2007, the firm was formed by bringing together a successful group of highly motivated investment professionals and a best of breed process and discipline. Huber Capital Management's goal is to provide clients with the best risk adjusted long-term returns in the industry along with superior client service.

BNY Mellon Asset Servicing offers clients worldwide a broad spectrum of specialized asset servicing capabilities, including custody and fund services, securities lending, performance and analytics, and execution services. BNY Mellon Asset Servicing provides services through The Bank of New York, Mellon Bank, N.A. and other related companies.

The Bank of New York Mellon Corporation is a global financial services company focused on helping clients manage and move their financial assets, operating in 37 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 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 trillion in assets under management. Additional information is available at http://www.bnymellon.com/.