Catherine Doyle appointed to newly created role

LONDON, 17 October 2008 — BNY Mellon Asset Management has appointed Catherine Doyle as Deputy Head of Pooled Funds and Defined Contribution (DC). The appointment is a newly created position within the BNY Mellon Asset Management UK Pooled Funds team.

Based in London, Doyle will report to Ian Harvey, Head of UK Pooled Funds and Defined Contribution for BNY Mellon Asset Management.

Doyle will be responsible for developing and maintaining client relationships for the group's Pooled Funds and DC pension services. She will also work closely with Ian Harvey in the development of BNY Mellon's DC product offering.

Commenting on the appointment, Ian Harvey said: "The group has over 25 years' experience as a pooled fund provider, offering both a Defined Contribution as well as a Defined Benefit service. We believe our model is ideally structured to provide ?best in class' pooled fund solutions to meet the needs of pension investors. With our structure, investment solutions can be added to meet client demand so the business is continually evolving to meet the changing investment needs of institutional investors. This flexibility is important as DC schemes in the UK continue to grow as companies move away from defined benefit arrangements."

Doyle was previously Institutional Client Service Manager and Product Specialist for five years at Franklin Templeton in London. During her time at Franklin Templeton she helped establish a London-based client service department for EMEA institutional clients. Doyle has also held positions as an investment analyst at GAM and Bank Sarasin.

Doyle is a Chartered Financial Analyst charterholder and also holds a MBA from Profingest Business School in Italy. She has a BA Honours Degree in French from King's College, London University.

The boutique asset managers within BNY Mellon Asset Management are independent and focus entirely on managing money to provide investment excellence to clients. There are currently around 450 pooled fund clients with combined assets under management of over £4.8bn. The suite of pooled funds offered covers a wide range of mandates including balanced, unconstrained/absolute return, global and regional equity, corporate and government bonds, cash and 'Lifestyle' strategies.

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 $22.4 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.

All information source BNY Mellon Asset Management International Limited as at 30 June 2008. This press release is issued by BNY Mellon Asset Management International Limited to members of the financial press and media and the information contained herein should not be construed as investment advice. Not available or offered to U.S. investors. Past performance is not a guide to future performance. Registered office: The Bank of New York Mellon Centre, 160 Queen Victoria Street, London, EC4V 4LA. Registered in England no. 1118580. Authorised and regulated by the Financial Services Authority.
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