NEW YORK, April 23, 2008 — The Bank of New York Mellon, a global leader in asset management and securities servicing, has been named Trustee of the Year by Institutional Investor's Total Securitization, a leading news service exclusively dedicated to the global securitization markets.

The award is based on a detailed selection process conducted by Total Securitization's editorial staff that relied on market intelligence and input from readers and industry leaders in making their selections.

The Bank of New York Mellon won for "the continuing excellence of its service even while being a heavy-hitter across asset classes." Market players lauded the firm for its commitment to the industry and its client-focused approach to the business, which, in the words of one industry player, "consistently exceeds client expectations." The company was also cited for its innovation, global footprint and ability to handle complex deals.

"This award demonstrates that we've been able to grow our leadership position globally while continuing to deliver high-quality service to our diverse client base," said Karen Peetz, senior executive vice president of The Bank of New York Mellon and head of the Global Corporate Trust business.

The Bank of New York Mellon's corporate trust business services $12 trillion in outstanding debt from 54 locations around the world. It services all major debt categories, including corporate and sovereign 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 and The Bank of New York Trust Company, N.A.

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