PITTSBURGH, May 29, 2008 — The Bank of New York Mellon's Treasury Services group expects to add 135 new positions to its operations area in Pittsburgh this year, bringing to 755 the number of new Pittsburgh-based jobs the company has announced since January 2007.

"We are committed to our pledge of creating between 1,000 and 2,000 new jobs in Pittsburgh. With this announcement, we have created more than 750 new positions in less than 18 months since the merger was announced, showing clear momentum and steady business growth," said Robert P. Kelly, chief executive officer of The Bank of New York Mellon. "Pittsburgh remains a key global growth center, and our businesses here continue to thrive."

BNY Mellon also continues to remain one of the region's largest employers. At the end of the first quarter of 2008, the company employed 6,550 in the Pittsburgh area, up from just under 6,100 at the start of 2007.

Helping clients optimize cash flow, manage liquidity and make payments more efficiently around the world in more than 100 currencies, The Bank of New York Mellon's Treasury Services group delivers high-quality performance in global payments, trade services, cash management, capital markets, foreign exchange and derivatives.

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.