Full Spectrum of Services to Include Performance and Risk Analytics

NEW YORK, February 7, 2008 — BNY Mellon Asset Servicing, the global leader in asset servicing, has been selected by Banco Central de Uruguay as global custodian for its $4.5 billion portfolio. In addition, BNY Mellon Asset Servicing will provide investment accounting, performance and risk analytics, and securities lending services.

"We are pleased that we are able to provide the full range of asset servicing solutions that Banco Central requires," said Patrick E. Curtin, executive vice president of BNY Mellon Asset Servicing and head of U.S. Asset Services. "It has become increasingly important to be able to go beyond traditional custody and deliver supplemental services such as performance and risk analytics. The Bank of New York Mellon has developed a unique leadership position in providing those value-added services to clients worldwide."

Banco Central was created in 1967 by the 196th article of the Republica Oriental del Uruguay's Constitution, and it has the legal nature of "Ente autonomo" (state autonomous entity). On July 6, 1967, the law 13594 established the institution as "Banco Central del Uruguay (BCU)." Before the creation of the BCU, the Issuing Department of the Banco de la Republica Oriental del Uruguay was in charge of issuing currency, managing the monetary regime and supervising and monitoring the banking system, as it was established by its charter (Law 9808, January 2 1939).

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 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.