LONDON, February 18, 2008 — BNY Mellon Asset Servicing, the global leader in securities servicing, has been appointed by PSigma Asset Management, to provide transfer agency and fund accounting to its four existing unit trusts: UK Income, UK Growth, American Growth and European Income valued at 350 million pounds Sterling.

PSigma Asset Management is a boutique investment management company set up in January 2007; a 50/50 joint venture partnership between Punter Southall Group and Bill Mott, Graham Fuller and Ian Chimes (founding partners).

Commenting on BNY Mellon Asset Servicing's appointment, Ian Chimes, Managing Director at PSigma Asset Management, said: "We are at an important stage in our company's growth therefore it was essential to choose an investor services provider with an exceptional track record in partnering with rapidly accelerating boutique companies. After evaluating the alternatives available in the marketplace, we are confident that BNY Mellon Asset Servicing provides the best strategic fit to help us achieve our long-term business objectives."

"PSigma has big aspirations and the right people to grow quickly," said Nadine Chakar, executive vice president and head of EMEA at BNY Mellon Asset Servicing. "Their ability to attract so much new money to the PSigma Income fund in a very short period of time is testament to this. We believe that PSigma is an exciting company to be partnering with and we are honoured that they chose BNY Mellon Asset Servicing to deliver the infrastructure they need to succeed. We look forward to supporting the team as their business rapidly accelerates over the coming months."

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.