BNY Mellon Asset Servicing Named Custodian by Catholic Health East

PRNewswire-FirstCall
PITTSBURGH
(NYSE:BK)
May 28, 2008

PITTSBURGH, May 28, 2008 — BNY Mellon Asset Servicing, the global leader in asset servicing, announced that it has been named custodian for $1.9 billion in retirement and health system funds administered by Catholic Health East. BNY Mellon Asset Servicing will provide domestic and global custody, cash management, and securities lending services.

"BNY Mellon's reputation for superior client service and technology, as well as the breadth of its securities lending capabilities, made it the clear choice for us," said Paul Klinck, Catholic Health East vice president of Treasury Services.

"We are pleased to be supporting Catholic Health East and its many employees," said Vince Sands, executive vice president of BNY Mellon Asset Servicing. "Our relationship with Catholic Health East, one of the largest healthcare systems on the East Coast, will enable us to provide the custody, cash management and securities services that companies look for to enhance operational efficiency in managing employee pension plans."

Based in Newtown Square, Pennsylvania, Catholic Health East is a multi-institutional Catholic health system located within 11 eastern states from Maine to Florida. The system includes 33 acute care hospitals, four long term acute care hospitals, 36 freestanding and hospital-based long term care facilities, 12 assisted living facilities, five continuing care retirement communities, seven behavioral health and rehabilitation facilities, 25 home health/hospice agencies, and numerous ambulatory and community-based health services. Catholic Health East facilities employ approximately 50,000 full-time employees as partners in ministry.

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.