BNY Mellon Asset Servicing B.V. Wins EUR 219 Million Stichting Pensioenfonds OPG Mandate

PRNewswire-FirstCall
LONDON
(NYSE:BK)
Feb 7, 2008

LONDON, February 7, 2008 — BNY Mellon Asset Servicing B.V. has been appointed by Stichting Pensioenfonds OPG to provide global custody, investment accounting, regulatory reporting, performance measurement, attribution and analytics for assets worth EUR 219 million.

The OPG Group is an international retail and distribution company for pharmaceuticals and medical supplies and has operations in the Netherlands, Poland, Belgium, Germany, Denmark, Norway, Hungary and Switzerland.

BNY Mellon Asset Servicing B.V. will be working closely with the Blue Sky Group, the fiduciary manager recently hired by OPG to provide advisory and investment management services to the fund.

Johan van der Veen, Managing Director at Pensioenfonds OPG, said: "Our pension fund is relatively small in size and therefore relies heavily on outsourcing, and so when it came to enhancing our custody and investment accounting BNY Mellon Asset Servicing B.V. was the ideal choice due to its comprehensive product suite and local servicing capabilities."

Nadine Chakar, Chair of the Supervisory Board, BNY Mellon Asset Servicing B.V. and Head of EMEA, BNY Mellon Asset Servicing, said: "I am delighted that Pensioenfonds OPG has selected us as its partner. This appointment underlines our unique ability to combine a broad range of innovative products and technologies with local market expertise to produce a tailored package of solutions that meet the specific needs of individual Dutch pension funds."

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 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.