TOKYO, April 1, 2008 — The Bank of New York Mellon, the global leader in asset management and securities servicing, has appointed Mr Makoto Saji as Managing Director and President of its Japanese securities company, The Bank of New York Securities Company Japan Ltd.

In his new position, Mr Saji will be based in Tokyo and will report to Jai Arya, head of client management for Asia, based in Singapore. Mr Saji's focus will be to expand the Company's Japanese business and to ensure clients receive the full benefit of the company's leading capabilities across its broad array of products and services.

Mr. Saji previously spent more than 30 years with UFJ/Sanwa Bank Group and held senior managerial positions at Sanwa Bank, UFJ Tsubasa Securities and UFJ Bank. Most recently, Mr Saji was the Vice Chairman of The Shinsei Securities, a 100% subsidiary of The Shinsei Bank.

"We are honoured that Makoto has chosen to join The Bank of New York Mellon," said Mr Arya. "Our business in Asia is undergoing a period of strong growth as we have increased the breadth and sophistication of our client offering to include more structured products and innovative servicing technologies. Our company will benefit greatly from Makoto's knowledge and experience as we look to build on our success as Asia's premier wealth manager and securities servicer."

Mr Saji added: "It is a great opportunity to be able to contribute to the work of The Bank of New York Mellon. They are a leading company at the cutting edge of the global financial industry and economy, with a growing franchise in virtually every part of the world. I look forward to working with Jai and the team to develop our rapidly growing Asian business as the financial markets in the Far East continue to mature."

Mr. Saji received a B.A. Degree from Hitotsubashi University and attended the Advanced Management Program of University of Pennsylvania Wharton School.

The Bank of New York Mellon has been conducting business in the Asia-Pacific region for over 50 years. The company has 15 offices in 12 countries in the region, including full-service branches in Shanghai, Tokyo, Hong Kong, Singapore, Seoul, and Taipei, and employs over 2,700 employees. Businesses represented in the Asia Pacific Region include asset servicing, asset management, issuer services and treasury services.

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 $11 trillion in outstanding debt. Additional information is available at bnymellon.com.