PITTSBURGH, September 14, 2007 — Christopher Stevenson, North American cash management expert from The Bank of New York Mellon, will participate in a panel discussion entitled "Outsourcing/In-sourcing/Offshoring: The New Frontier" during the International Financial Services Association's (IFSA) 2007 Annual Conference being held in Orlando, Florida. The panel discussion will take place on Tuesday, September 18 from 2 p.m. to 3 p.m. EDT.

Focusing on the latest trends with respect to outsourcing, off-shoring, in-sourcing and variations in between, the discussion will include the perspectives of global bankers and industry consultants. Attendees will learn how to evaluate their options from a frame of reference that extends beyond mere cost savings and focuses instead on delivering more strategic value to their organization.

The International Financial Services Association (IFSA) is a world leader in representing the international operations areas of financial services providers, their customers, suppliers and partners. IFSA members include the largest and most influential financial services institutions operating around the globe. IFSA members handle over 98% of the letters of credit issued in the United States and over 98% of the U.S. funds transfer volume. IFSA dedicates itself to meeting the specific needs of those who provide, use, and support trade and payments — with particular focus on documentary credits, funds transfer, treasury operations, compliance, and regulatory reporting.

The Bank of New York Mellon Treasury Services delivers high-quality performance in global payments, trade services, cash management, capital markets, foreign exchange and derivatives. It helps clients optimize cash flow, manage liquidity and make payments more efficiently around the world in more than 100 currencies. The Company is the third largest participant in CHIPS funds transfers in the U.S. and the seventh largest participant of SWIFT in the world.

The Bank of New York Mellon Corporation is a global financial services company focused on helping clients manage and move their financial assets, operating in 37 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 and treasury services through a worldwide client-focused team. It has more than $20 trillion in assets under custody and administration and more than $1 trillion in assets under management. Additional information is available at www.bnymellon.com.