NEW YORK, September 4, 2008 — The Bank of New York Mellon, the global leader in asset management and securities servicing, has named veteran risk management executive Robert R. Rupp as an executive vice president and head of enterprise-wide market risk. Rupp, 55, will be a member of the company's global Operating Committee and will report to Brian Rogan, chief risk officer.

"As our industry-leading businesses continue to grow and expand globally, we are continuing to strengthen our focus on market risk management to meet the demands of today's complex financial services environment. We are confident that, with more than 25 years of experience in high-level risk oversight in challenging markets, Bob will provide superior expertise and excellent guidance to our senior management team," Rogan said.

Rupp had been with JPMorgan Chase since 2000, most recently as managing director of Risk Management. In this capacity, he provided market risk oversight for the Chief Investment Office, Chase Home Finance, Corporate Treasury and Asset Management. He also served as managing director in Proprietary Trading and managed the Corporate Strategy and Development Group for Corporate Treasury. Rupp has held senior roles at ABN AMRO, Chemical Bank and Kidder, Peabody & Co. with management responsibilities for trading, sales, syndicate and banking functions for mortgage-backed, asset-backed, corporate and agency securities. He was previously a partner at the law firm of Kutak Rock and before that was a staff attorney at the U.S. Securities and Exchange Commission, Washington, D.C. In addition, he served as a member of Fannie Mae's National Advisory Council. He holds a J.D. from The American University and B.A. degree in economics from Fairfield University.

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.