Growing presence in Asia leads to expanded sales force

SINGAPORE, February 12, 2008 — The Bank of New York Mellon, a leader in hedge fund administration with over $195 billion in assets under administration, announced that Kate Colchester has been appointed vice president of sales for Asia for the company's Alternative Investment Services (AIS) group. Colchester will be based in Singapore and report to Andrew M. Gordon, executive vice president of Broker-Dealer Services & Alternative Investment Services for The Bank of New York Mellon.

"Kate brings considerable experience and contacts within the hedge fund and prime broker community across Asia," said Gordon. "The Bank of New York Mellon is rapidly expanding in the region, and commensurate with that we are broadening our team of local experts to ensure that clients with global needs have the kind of expertise they require, anywhere in the world their business takes them."

Colchester comes to BNY Mellon from Eurekahedge PTE, an alternative fund focused data and research house, where she served from the firm's inception in 2001 as director of marketing and publishing. Previously, she worked for Euromoney Institutional Investor in London and Hong Kong.

The Bank of New York Mellon is a leading hedge fund administrator with more than $195 billion in assets under administration and an extensive global network. Hedge fund administration services are conducted through locations worldwide, including Bermuda, Hong Kong, Ireland, Luxembourg and Singapore, as well as through US offices in California, Florida, Massachusetts, New Jersey, New York and Pennsylvania.

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 $20 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.