BNY Mellon Asset Servicing clients now can access the power of the combined firms' advanced attribution and risk analytical tools

NEW YORK and LONDON, June 25, 2008 — BNY Mellon Asset Servicing, the global leader in securities servicing, and Wilshire Associates Incorporated, a leading global investment technology, financial services and consulting firm, announced today that they have extended their strategic alliance.

The Bank of New York (BNY) formed a strategic alliance with Wilshire in 2004, before the merger with Mellon Financial Corporation in July 2007, giving BNY clients access to daily security level factor-based performance attribution, risk and characteristics for equity, fixed income and total plan assets. Clients also benefited from online access to the Wilshire Trust Universe Comparison Service® platform.

The new and expanded agreement extends the client base that can benefit from Wilshire's advanced analytics capabilities to include clients of both legacy BNY and Mellon businesses. Clients also will benefit from having an outsourced solution for their data management, production, and support challenges. This, of course, will enable the clients to focus on their core business of adding value to their investments.

Taken together, BNY Mellon Asset Servicing and Wilshire Associates provide global risk services to more than 2,550 institutional investor clients that manage more than $22.1 trillion in assets.

"Our relationship with Wilshire has been an outstanding success, and we are delighted to extend our alliance so that all our clients can reap the benefits," said Gerald L. Hassell, president of The Bank of New York Mellon. "Wilshire's advanced attribution and analytics offerings provide the perfect complement to our powerful performance measurement and analytical capabilities, enabling us to offer a more compelling and holistic solution to global institutional clients."

"The Bank of New York Mellon and Wilshire share a commitment to and passion for exceeding our clients' expectations and providing cutting edge tools to serve the rapidly changing needs of the global investment community," said Dennis A. Tito, chairman and chief executive officer of Wilshire Associates. "We are excited about the future and look forward to continuing our association with BNY Mellon as we raise the bar and provide clients worldwide with a premier suite of risk and performance attribution services."

"Now, more than ever, our clients are looking to us to provide advanced attribution methodologies, intuitive risk management tools, and extended reporting capabilities," said Debra A. Baker, managing director, Global Product Management - Performance & Risk Analytics at BNY Mellon Asset Servicing. "Our alliance with Wilshire will assist in empowering us to continue to meet the client demand for advanced risk management services across the regions and across multiple market segments."

BNY Mellon Asset Servicing offers clients worldwide a broad spectrum of specialised 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.

Wilshire Associates is a leading global financial services and investment consulting firm with four business units: Wilshire Analytics, Wilshire Consulting, Wilshire Funds Management and Wilshire Private Markets. The firm was founded in 1972, revolutionizing the industry by pioneering the application of investment analytics and research to investment management for the institutional marketplace. Wilshire also is credited with helping to develop the field of quantitative investment analysis that uses mathematical tools to analyze market risks. All other business units evolved from Wilshire's strong analytics foundation.

Wilshire developed the index now known as the Dow Jones Wilshire 5000 Composite Index(SM), the first asset/liability models for pension funds, the first U.S. equity style metrics work and many other "firsts" as the firm grew to nearly 350 employees serving the investment needs of institutional and high net worth clients around the world. Based in Santa Monica, CA, Wilshire provides services to clients in more than 20 countries representing in excess of 600 organizations with assets totaling more than $12.5 trillion. With ten offices on four continents, Wilshire Associates and its affiliates are dedicated to providing clients with the highest quality counsel, products and services. Please visit wilshire.com for more information.