NEW YORK, July 22, 2008 — The Bank of New York Mellon, (NYSE: BK) the global leader in asset management and securities servicing, has launched a new index that comprises a select group of depositary receipts (DRs) from Russia. The Bank of New York Mellon Russia Select DR Index is a modified capitalization-weighted index that includes DRs trading on the London Stock Exchange and American depositary receipts (ADRs) trading on the New York Stock Exchange, American Stock Exchange and Nasdaq. The index is calculated on a continuous basis throughout the trading day and is adjusted for free-float, using Dow Jones' current methodology.

The Bank of New York Mellon Russia Select DR Index is accessible on Reuters and Bloomberg at "bkrus" and on Bridge at "&brus." The Russia Select DR Index and all of The Bank of New York Mellon DR indices are available at http://www.adrindex.com/.

"We developed this new DR index in response to today's substantial market interest in Russia-based investment opportunities," said Michael Cole-Fontayn, chief executive officer of The Bank of New York Mellon's Depositary Receipt Division. "The Bank of New York Mellon Russia Select DR Index reflects our ongoing commitment to bringing the market a wide range of DR indices that allow investors to effectively benchmark their DR investments."

The Bank of New York Mellon 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 $11 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.