NEW YORK, October 22, 2008 — The Bank of New York Mellon (NYSE: BK), the global leader in asset management and securities servicing, has been selected by Cementos Argos S.A. as the depositary bank for its American depositary receipt (ADR) program. Each Cementos Argos ADR represents one common share. The ADRs trade on the over-the-counter market under the symbol "CMTOY." The common shares trade in the Bolsa Colombiana de Valores under the symbol "CEMARGOS."

Cementos Argos is a leader in the Colombian cement industry. With 51% of market participation and operations in Panama, Haiti and the Dominican Republic, it is the fourth largest cement producer in Latin America. It is the sixth largest concrete producer in the United States and exports cement and clinker to 27 countries.

"We are delighted that The Bank of New York Mellon is our ADR program partner," said Ricardo Sierra, chief financial officer of Cementos Argos. "We believe this program presents an opportunity for global growth and we are confident that the bank has the knowledge and resources necessary to help us achieve our goals."

"We welcome Cementos Argos as a depositary receipt client," said Michael Cole-Fontayn, chief executive officer of The Bank of New York Mellon's Depositary Receipt Division. "Our extensive experience and customized promotional initiatives will help the company gain market visibility and reach new investors."

The Bank of New York Mellon acts as depositary for more than 1,300 sponsored 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 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 $22.4 trillion in assets under custody and administration, approximately $1.1 trillion in assets under management and services approximately $12 trillion in outstanding debt. Additional information is available at http://www.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.