Mandate to build and expand banking capabilities in established and new strategic markets

NEW YORK, November 19, 2007 — The Bank of New York Mellon Corporation has named Bill E. Sappington executive vice president and head of national banking for BNY Mellon Wealth Management. He will be based in New York City and report directly to David Lamere, chief executive officer of BNY Mellon Wealth Management.

In this newly created role, Sappington will lead the expansion and successful implementation and delivery of banking services to private clients. Sappington will oversee banking teams in all of the company's markets throughout the country. BNY Mellon Wealth Management has more than $5 billion in loans and mortgages, and $10 billion in deposits.

Sappington has more than 25 years of experience in private banking and lending. He joins BNY Mellon Wealth Management from Bear Stearns, where he was the head of credit and lending for the Private Client Services group. Prior to that, he was with Merrill Lynch as the head of global securities- based lending with the firm's Global Banking Group. Sappington earned his bachelor of science in business administration, with an emphasis in finance, from University of California - Berkeley and is a graduate of The Wharton School at University of Pennsylvania's Executive Leadership Program.

"Bill's polished and proven management and leadership skills and his passion for banking make him an exceptional choice for this critical new role," said David Lamere, CEO of BNY Mellon Wealth Management. "As we work toward providing our clients with best-in-class banking capabilities and exceptional client service across the country, Bill's extensive banking experience will be invaluable."

"BNY Mellon Wealth Management is extremely well positioned to capitalize on growth opportunities in private banking and finance," said Sappington. "I am looking forward to contributing to the firm's success."

BNY Mellon Wealth Management is among the nation's leading wealth managers, with more than two centuries of experience in providing investment management, wealth and estate planning, and private banking and finance services to financially successful individuals and families, their family offices and business enterprises, charitable gift programs, and endowments and foundations. It ranks as one of the top 10 US wealth managers with approximately $170 billion in private client assets and an expansive network of more than 80 offices globally.

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.

Wealth management products and services are provided by subsidiaries of The Bank of New York Mellon Corporation.