LONDON, October 2, 2007 — BNY Mellon Asset Servicing, a global leader in securities servicing, has been appointed by San Marino International Investments Sicav, promoted by Banca di San Marino, to provide Luxembourg depository bank and global custody services.

Marco Calzi, Managing Director of San Marino Investment International Sicav and Managing Partner at OA Consulting, said: "Following a market review we selected BNY Mellon Asset Servicing, which clearly demonstrated its strong commitment in helping us in developing our ambitious business model."

Cesare Richeldi, CEO of Banca di San Marino and Director of San Marino Investment International Sicav, said: "The Banca di San Marino is pursuing an ambitious expansion plan, aiming to develop new business areas in the neighbouring Italian region. A number of specialized distribution platforms will soon offer the shares of our Sicav."

Nadine Chakar, Executive Vice-President and Head of EMEA at BNY Mellon Asset Servicing, said: "I am delighted we have been selected by San Marino International Investments Sicav, and my team and I look forward to building on our new partnership in the coming months and years. Luxembourg of course remains a key area of focus for BNY Mellon Asset Servicing, and as ever we will be working closely with all our clients and the authorities to ensure we continue to provide flexible and robust solutions for the market's post-trade needs."

BNY Mellon Asset Servicing offers clients worldwide a broad spectrum of specialised 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 service 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, 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 trillion in assets under management. Additional information is available at http://www.bnymellon.com/.

Banca di San Marino was founded in 1920 and now offers its services as a global banking and financial partner, proposing a wide variety of diversified Private Banking investment solutions, with a network of branches throughout the Republic of San Marino as well as operating through remote banking with an efficient multichannel approach. The bank's firm roots in its territory and its consolidated experience in the credit sector give BSM a primary role in the growth of the local economy. The BSM group is also active in real estate leasing services and in static assets administration, as well as in the sector of new information technologies. Additional information on the characteristics of the bank is available at http://www.bsm.sm/.

OA Consulting is a boutique wealth management advisory and management consultancy firm, focused exclusively on the financial services industry. Headquartered in Luxembourg, the leading private banking centre in the euro zone and the second largest investment fund centre in the world, OA Consulting is committed on creating value and sustainable competitive advantage on clients' businesses.