NEW YORK, May 29, 2008 — The Bank of New York Mellon (NYSE: BK), a global leader in securities servicing, has been selected by Globaltrans Investment Ltd. (Globaltrans) as depositary bank for its global depositary receipt (GDR) program. Each Globaltrans GDR represents one ordinary share. The GDRs trade on the London Stock Exchange under the symbol "GLTR." The Global GDRs and shares have not been registered under the U.S. Securities Act of 1933 and may not be offered or sold in the U.S. absent registration or an applicable exemption from the registration requirements.

Globaltrans provides freight rail transport and logistics services, as well as certain ancillary services, to large industrial customers and medium-size corporate customers in Russia and to destinations within Russia and to Ukraine.

"As we move into the international financial markets, we want the support and guidance of the depositary bank with the most solid track record," said Sergey Maltsev, chief executive officer of Globaltrans. "We believe that The Bank of New York Mellon has the expertise and resources that can facilitate the success of our GDRs."

"We are pleased to be serving as the depositary for Globaltrans," said Michael Cole-Fontayn, chief executive officer of The Bank of New York Mellon's Depositary Receipt Division. "We look forward to helping Globaltrans elevate its global profile through its new GDR program."

The Bank of New York Mellon's Depositary Receipt business is conducted through The Bank of New York subsidiary, which acts as depositary for more than 1,300 American and global depositary receipt programs, acting in partnership with leading companies from 63 countries. With an unrivaled commitment to helping securities issuers succeed in the world's rapidly evolving financial markets, the Company delivers the industry's most comprehensive suite of integrated depositary receipt, corporate trust and stock transfer services. Additional information is available at http://www.bnymellon.com/dr.

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.

This release is for informational purposes only. The Bank of New York Mellon provides no advice nor recommendation or endorsement with respect to any company or securities. Nothing herein shall be deemed to constitute an offer to sell or a solicitation of an offer to buy securities. Depositary Receipts: Not FDIC, State or Federal Agency Insured; May Lose Value; No Bank, State or Federal Agency Guarantee.