Recognized for Leadership in Finance and Diversity Issues in the Workplace

NEW YORK, April 30, 2008 — The Women's Bond Club (WBC) has selected Karen Peetz as the recipient of its 2008 Merit Award, which each year is given to a woman in finance who is recognized for her contributions to the industry and support of women's diversity issues in the workplace. The award was presented last night at the WBC's annual Merit Award Dinner held at Chelsea Piers in New York.

Ms. Peetz is senior executive vice president of The Bank of New York Mellon's Global Corporate Trust business, the leading provider of corporate trust services worldwide.

"Karen has transformed our corporate trust franchise into the dominant global provider in the industry and has been instrumental in developing our Diversity Council and Women's Initiative Network. Her influence and impact is felt across our organization and her selection for this award is well deserved," said Robert P. Kelly, chief executive officer of The Bank of New York Mellon.

In presenting the award, Women's Bond Club co-president Liz Byrnes, vice president, Goldman Sachs, commented, "Karen Peetz is a shining example of what the Merit Award represents. She has risen to the top of one of The Bank of New York Mellon's most important businesses, earned a seat among the organization's leadership team, gained industry-wide prominence for transformational deals, and led several initiatives to advance the aspirations and careers of women across the company's global operations."

Established in 1921, the Women's Bond Club of New York is one of the oldest professional organizations for women in finance. Its mission is to be an influential community of women leaders and aspiring leaders, dedicated to the personal and professional development of women in the financial markets.

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 subsidiary.

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.