NEW YORK, April 7, 2008 — Robert P. Kelly, chief executive officer, and Matthew L. Biben, executive vice president and chief litigation counsel of The Bank of New York Mellon Corporation (NYSE: BK), along with Jonathan Schiller, managing partner at Boies, Schiller & Flexner LLP will host a conference call and live simultaneous webcast at 9 a.m. EDT on April 7 to discuss the Russian Federal Customs Service lawsuit against The Bank of New York. They will provide an update and background context on the ongoing lawsuit and explain why the case would not have a material impact on the Company. The conference call and audio webcast may include forward looking and other material information.

Persons wishing to access the conference call and audio webcast may do so by dialing (888) 677-5383 (U.S.) and (210) 838-9221 (International) Passcode: Bank of New York Mellon, or by logging on to http://www.bnymellon.com/investorrelations. Replays of the conference call and audio webcast will be available April 7 beginning approximately one hour after the conclusion of the conference call and webcast, and can be accessed by dialing (866) 467-2554 (U.S.) or (203) 369-1450 (International) or by logging on to http://www.bnymellon.com/investorrelations. The archived version of the conference call and audio webcast will be available through April 21, 2008.

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 $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.

This document contains statements relating to future events that are considered "forward-looking statements." These statements, which may be expressed in a variety of ways, including the use of future or present tense language, relate to, among other things, the potential impact of the claim made by the Federal Customs Service of the Russian Federation on The Bank of New York Mellon Corporation. These forward-looking statements are based on assumptions that involve risks and uncertainties and are subject to change based on various important factors (some of which are beyond the control of The Bank of New York Mellon Corporation). Actual results may differ materially from those expressed or implied as a result of these risks and uncertainties, including but not limited to the risk factors and other uncertainties detailed in the annual report on Form 10-K for the year ended December 31, 2007 filed by The Bank of New York Mellon Corporation with the Securities and Exchange Commission and other reports filed with the Commission pursuant to the Securities Exchange Act of 1934. All statements in this document speak only as of April 7, 2008, and The Bank of New York Mellon Corporation undertakes no obligation to update any statement to reflect events or circumstances after April 7, 2008 or to reflect the occurrence of unanticipated events.