Takes Highest Honor Second Year in Row

NEW YORK, April 24, 2008 — BNY Mellon Asset Servicing, the global leader in securities servicing, has been honored as the "2007 Best U.S. Provider of ETF (exchange-traded funds) Services in the Industry" by Exchangetradedfunds.com, an organization dedicated to providing information regarding ETFs.

The organization recognized BNY Mellon Asset Servicing with its highest honor for the second year in a row at its annual Global ETF Awards ® dinner and workshop this month in New York. The Bank of New York won the award for 2006. The award, based on the votes cast by senior level ETF industry leaders, was announced during a day-long event designed to educate industry leaders about product development and industry trends. More than 200 senior executives participated in the forum.

"The Bank of New York Mellon is particularly pleased to win this award because it was bestowed by industry leaders," said Joseph F. Keenan, managing director of U.S. Asset Services. "We are proud to have been recognized again by clients and prospects alike; and they have validated our focused approach and unwavering commitment to providing the highest quality services to ETFs."

Exchangetradedfunds.com's primary goal is to provide information regarding products aspects of exchange traded funds through its website. Since its inception in 1997, Exchangetradedfunds.com has been providing information on global ETF products on its website. Exchangetradedfunds.com is also the host of the Global ETF Awards® dinner and Workshop. Its purpose is to recognize those who have contributed to the development of the ETF industry worldwide and to allow ETF participants from the international community to discuss their respective markets. For further information visit http://www.exchangetradedfunds.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 $12 trillion in outstanding debt. Additional information is available at bnymellon.com.