NEW YORK, February 24, 2009 — The Bank of New York Mellon has been appointed registrar, paying agent and administrative agent for Banco Continental's $250 million diversified payment rights (DPR) bond issue. The DPR offering, which allows Banco Continental to collateralize its receivables, gives the company the flexibility to issue debt via loans and notes.

In its role, The Bank of New York Mellon will service the debt issues, process principal and interest payments and maintain security interest for investors. The Bank is the Latin American leader in DPR services, acting as trustee on all of the region's DPR transactions in 2008.

"This transaction illustrates our unrivaled track record in providing corporate trust services to global issuers no matter how complex or unique their needs are," said Elizabeth DaSilva, managing director and head of the Latin America region for the Global Corporate Trust business. "We look forward to servicing this transaction and the growing needs of issuers across Latin America."

This is the second Peruvian DPR offering The Bank of New York Mellon has been appointed to service in recent months. Banco Internacional del Peru recently chose the bank to serve as corporate trust provider for its $200 million offering.

The Bank of New York Mellon's corporate trust business services more than $11 trillion in outstanding debt from 56 locations around the world. It services all major debt categories, including corporate and municipal debt, mortgage-backed and asset-backed securities, collateralized debt obligations, derivative securities and international debt offerings.

Corporate trust providers are appointed by corporations, municipal governments and other entities issuing debt to perform a variety of duties, including servicing and maintaining the debt issue, processing principal and interest payments for investors, representing investors in defaults, and providing value-added services for complex debt structures.

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 $20.2 trillion in assets under custody and administration, and $928 billion in assets under management. Additional information is available at bnymellon.com.