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 Suramericana de Inversiones S.A. as the depositary bank for its American depositary receipt (ADR) program. Each Suramericana de Inversiones ADR represents two common shares. The ADRs trade on the over-the-counter market under the symbol "SRMIY." The common shares trade on the Bolsa de Valores de Colombia under the symbol "SURAMINV."

Suramericana de Inversiones is a holding company with a portfolio of investments in Colombian companies and significant stakes in firms from other countries throughout the Americas. Its portfolio comprises strategic investments in the financial, insurance and social security sectors, complemented by investments in other sectors, such as services, food and cement.

"We are pleased to be working with The Bank of New York Mellon in establishing our ADR program," said Andres Bernal Correa, chief financial officer of Suramericana de Inversiones. "We believe the bank has the expertise and insight necessary to help us increase our company's visibility in the financial markets."

"As Suramericana de Inversiones establishes a presence in the U.S. market, we will put our specialized DR resources to work on its behalf," said Michael Cole-Fontayn, chief executive officer of The Bank of New York Mellon's Depositary Receipt Division. "We will work closely with the company to develop customized outreach initiatives to help Suramericana de Inversiones elevate its profile among global 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.