Global index with $6.7 trillion market cap has outperformed S&P 500 the last six years

NEW YORK, June 9, 2008 — The Bank of New York Mellon (NYSE: BK), the global leader in asset management and securities servicing, announced the 10-year anniversary of The Bank of New York ADR Index. Launched in 1998, the ADR Index is the only index to track all depositary receipts, New York shares and global registered shares that trade on the New York Stock Exchange, American Stock Exchange and NASDAQ. More than $3 billion in institutional and retail fund products are benchmarked against the ADR Index, which has outperformed the S&P 500 by more than 80% over the past six years.

The Bank of New York ADR Index includes 374 companies from 36 countries with a market capitalization of approximately $6.7 trillion (as of May 30, 2008), more than double its market capitalization at launch. Some of the world's largest companies and most actively traded depositary receipts are found in the The Bank of New York ADR Index, including companies such as Baidu.com, GlaxoSmithKline, HSBC, Royal Dutch Shell, Toyota and Vodafone.

"As the leading depositary bank, we take pride in delivering innovative products and in knowing that our ADR indices have achieved great visibility and popularity as a benchmarking tool in the global investment community," said Michael Cole-Fontayn, chief executive officer of The Bank of New York Mellon's Depositary Receipt Division. "We continue to devote significant resources to developing new types of DR indices that respond to investor demand and market trends."

In addition to the composite ADR index, the bank offers three regional indices, four market indices, three sector indices, 10 select indices and 36 country indices. The indices serve as a benchmarking tool for investors following a wide range of markets and industries. To date, the most followed indices are The Bank of New York BRIC (Brazil, Russia, India, China) Select ADR Index and The Bank of New York Emerging Markets 50 ADR Index.

The Bank of New York ADR indices are used as benchmarks in exchange-traded funds, mutual funds and structured products. Licensees of the bank's ADR indices include BCI Asset Management Administradora General de Fondos, Claymore Advisors LLC, Consultatio Asset Management, Hartford Investment Management Company, Invesco PowerShares Capital Management LLC, Miraeasset Maps Investment Management Co. Ltd. and ProFund Advisors LLC.

The ADR indices are calculated on a continuous basis throughout the trading day and are capitalization-weighted and adjusted for free-float, using Dow Jones' current methodology. They are accessible on Reuters and Bloomberg at "bkadr" and on Bridge at "&badr." Additional information is available at adrindex.com.

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 64 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 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.