NEW YORK, February 28, 2008 — The Bank of New York Mellon, a global leader in asset management and securities servicing, has been ranked the number one trustee in the United States for 2007, according to Thomson Financial, a leading provider of financial information and technology.

During 2007, the company served as trustee on 2,381 new issues, or about 40% more than its closest competitor. These new issues represented $895 million in proceeds, more than twice the amount serviced by any other trustee in the U.S.

The company's top trustee ranking reflects lead positions across all U.S. debt segments including long term municipal, high yield, investment grade, convertible, collateralized debt obligations and structured finance.

"Our lead rankings demonstrate our ability to identify and service the unique needs of debt issuers in the United States, regardless of the size, scope and complexity of their offerings," said Karen Peetz, senior executive vice president at The Bank of New York Mellon and head of the Global Corporate Trust business. "As the capital markets continue to grow and evolve, we expect our expanding global network and servicing capabilities to further strengthen our competitive positioning in the U.S. and throughout the world."

The Bank of New York Mellon's corporate trust business services $11 trillion in outstanding debt from 54 locations around the world. It services all major debt categories, including corporate and municipal debt, mortgage- backed and asset-backed securities, collateralized debt obligations, derivative securities and international debt offerings. The Bank of New York Mellon's corporate trust and agency services are delivered through The Bank of New York subsidiary.

Corporate trust providers are appointed by corporations, municipal governments and other entities issuing debt to perform a variety of duties, including servicing and maintaining the debt issue, processing principal and interest payments for investors, representing investors in defaults, and providing value-added services for complex debt structures.

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 and more than $1.1 trillion in assets under management. Additional information is available at bnymellon.com.