Named as 'UK Asset Management Firm of the Year' 'Equity Manager of the Year'
At the 2008 Financial News Excellence in Institutional Asset Management Awards

LONDON, 16 October 2008 — Newton Investment Management Limited enjoyed an evening of success at last night's annual pan-European Financial News awards ceremony, held at the Royal Courts of Justice, London.

In front of an audience of over 250 delegates from the asset management, investment consultancy and pension scheme industries, Newton collected the much coveted UK Asset Management Firm of the Year Award and the distinguished Equity Manager of the Year Award. Winners of the Financial News Excellence in Institutional Asset Management Awards were chosen from a total of 16 categories and voting was undertaken by a panel of more than 50 industry figures.

Commenting on Newton's success at the awards, Helena Morrissey, Chief Executive Officer of Newton, said: "We are delighted to win these major awards. To be nominated for three awards and to win two categories is a major achievement for any asset management company. This clearly demonstrates the quality of Newton's investment management pedigree.

"Newton has been managing global mandates for 30 years and applies a single portfolio approach to running global equity portfolios. Our process and performance continues to position us well against competitors. Our thematic approach to investing, pulling together the strengths of the whole team of fund managers and analysts, has ensured strong performance across very diverse market environments. Going forward, our focus will remain constant — creating real wealth for our clients, maintaining perspective and working consistently as a team."

Endorsing the importance of Newton within the BNY Mellon Asset Management multi boutique structure, Ronald P. O'Hanley, President and Chief Executive Officer of BNY Mellon Asset Management, added: "Now more than ever superior skills coupled with a distinctive investment process are required to generate outperformance. These awards reflect Newton's ongoing ability to consistently add value to its clients."

Newton Investment Management Limited is a London-based global asset management subsidiary of The Bank of New York Mellon Corporation and part of BNY Mellon Asset Management. With assets under management of more than £38 billion, the company provides a broad range of award-winning investment products and services to individuals, pension funds, charities and corporations. News and other information about Newton is available at www.newton.co.uk.

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 $23 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 www.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
A Bank of New York Mellon Company^SM