BNY Mellon's 18th outsourcing win with investment managers in last 12 months

PITTSBURGH, March 19, 2008 — BNY Mellon Asset Servicing, the global leader in asset servicing, announced that it will administer the back-office for NorthPointe Capital, LLC. BNY Mellon Asset Servicing will provide a number of outsourcing services, including account administration, transaction processing, account reconciliation, performance measurement, client reporting and client billing.

"We knew BNY Mellon's strong reputation in back-office outsourcing, and were equally impressed by its people and their approach to servicing our needs," said Beth Grabel, director of operations at NorthPointe Capital. "Operationally, our partnership with BNY Mellon brings significant advantages both in terms of data quality and client service."

"NorthPointe Capital's mission is built around producing outstanding investment results in each of the products they manage," said Vince Sands, executive vice president of BNY Mellon Asset Servicing. "In the same way, we strive to deliver outstanding back-office support that will enable money managers like NorthPointe to focus on investment strategies and growing their business."

NorthPointe Capital is the 18th investment manager outsourcing win for BNY Mellon Asset Servicing in the last 12 months, including previously announced mandates with Cowen Asset Management, O'Shaughnessy Asset Management, Huber Capital Management, and Logan Circle Partners. Combined, these 18 firms manage more than $200 billion in assets across multiple investment styles and asset classes.

Based in Troy, Michigan, NorthPointe Capital, LLC is a domestic equity investment management firm dedicated to serving the investment needs of institutions and high-net-worth individuals. As of December 31, 2007, NorthPointe managed $3.5 billion in assets. For more, visit http://www.northpointecapital.com/.

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 (NYSE: BK) 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 $23 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.