LONDON, October 23, 2007 — Newton Investment Management Limited, a UK asset management subsidiary of The Bank of New York Mellon, has announced the appointment of Alex O'Reilly to its Global Equities team.

In his new role O'Reilly will work principally alongside Alex Stanic, the leader of Newton's unconstrained global equity portfolios, using his extensive knowledge of global equities to provide support in the management of portfolios, while undertaking stock analysis.

O'Reilly has eight years' investment experience and joins from Rio Tinto Pension Investments where he formed part of a three-man team running a £1 billion global pension fund. Prior to this, O'Reilly spent five years as an analyst and fund manager on the US Small Cap desk at F&C Management. He joined the industry in 1999 having graduated from Cambridge University.

Commenting on the new appointment, Jeff Munroe, chief investment officer at Newton, said: "Alex has a track record for managing funds using a disciplined and analytical investment process, which will complement Newton's team based approach. His understanding of the issues facing corporate pension schemes will also be an asset to us."

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All information and figures source BNY Mellon Asset Management unless otherwise stated as at 30 June 2007. 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. 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. 1371973. Authorised and regulated by the Financial Services Authority.
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