NEW YORK, April 15, 2008 — The Bank of New York Mellon (NYSE: BK) has received top ratings in Global Custodian's 2008 Tri-Party Securities Financing Survey. Global Custodian Magazine is a leading publication covering the international securities services industry.

Based on client input, The Bank of New York Mellon earned the following rankings: Top Rated Globally, Top Rated in North America and Commended in Europe. The Bank of New York Mellon received 'best-in-class' awards in all three regional categories of the survey -- North America, Europe and Global -- with a total of 14 best-in-class awards out of a total of 18.

Global Custodian reported, "The bank ends up well ahead of the global averages in every service area, and outscores its rivals by particularly large margins in collateral optimization and operational efficiency ... Its scores on all the client service and relationship management questions are consistently among the highest in the survey."

Art Certosimo, executive vice president and head of Broker-Dealer and Alternative Investment Services at The Bank of New York Mellon, said, "Our collateral management teams understand the needs of local markets around the world and collaborate closely with clients to deliver customized solutions that help them process their increasingly complex transactions and drive their overall performance. We thank our clients for their participation in the survey."

The Bank of New York Mellon's Global Collateral Management Services area helps simplify securities collateralization and expedites securities transfers between providers and receivers of collateral. Its services include RepoEdge® products, which allow principals to outsource the operational aspects of their collateralized transactions, and Derivatives Margin Management, which helps credit risk associated with derivatives transactions by enabling clients to accept, pledge and re-transfer collateral. These services are delivered to clients through AccessEdge®, a real-time, web-based portal.

The Bank of New York Mellon is the leading provider of tri-party collateral management services, servicing more than $1.7 trillion in tri-party balances worldwide with coordinated 24-hour operations and service hubs in New York, Brussels and Singapore.

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 $12 trillion in outstanding debt. Additional information is available at bnymellon.com.