BNY Mellon Asset Servicing Introduces Corporate Governance Tool for Institutional Investors

BOSTON, August 2, 2007 — BNY Mellon Asset Servicing, the global leader in asset servicing, announced that it has introduced a corporate governance reporting tool that alerts institutional investors of upcoming shareholder meetings, their positions in the companies holding these events, and share lending information. BNY Mellon Asset Servicing has made this information available on the latest version of Workbench, its browser-based information delivery system.

BNY Mellon Asset Servicing clients, such as the State Board of Administration (SBA) of Florida, believe that this service will significantly facilitate their ability to track the many shareholder meetings for the vast number of companies in which they hold positions. It adds a new layer of information to allow them to improve corporate governance decision making and improves their ability to make informed proxy voting decisions.

"We continue to enhance and upgrade the Workbench information delivery system with features that are timely and important to our clients' success," said Vince Sands, executive vice president of BNY Mellon Asset Servicing. "Increasingly, clients are demanding more sophisticated services to supplement our existing offering and to better address issues such as corporate governance."

BNY Mellon Asset Servicing offers clients worldwide a broad spectrum of specialized asset servicing capabilities, including custody and fund services, securities lending, performance and analytics, and execution services. With more than $20 trillion in assets under custody and administration, the group holds strong market leadership positions across all major business lines. 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 is a global financial services company focused on helping clients manage and move their financial assets, operating in 37 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 and treasury services through a worldwide client-focused team. It has more than $20 trillion in assets under custody and administration and more than $1 trillion in assets under management. Additional information is available at www.bnymellon.com.