Newton-managed fund range achieves industry recognition

LONDON, 30 January 2009 — BNY Mellon Asset Management received top honours at the Professional Adviser 2009 Awards in London. The Group won the "Hot 100 — Best Fund Group" (offering more that 15 retail funds) award, reflecting the outstanding success of its Newton-managed range of retail funds.

The Professional Adviser Awards profile the very best providers to the IFA market. The awards are about the confidence of independent financial advisers and the overall ability of providers to maintain a high standard of service and performance. They offer IFAs the opportunity to vote for those companies that they believe set the standard for the industry. BNY Mellon Asset Management won the overall award despite intense competition from other investment management groups. In addition, Newton was short listed for four sector awards: Best UK Equity Growth Group; Best UK Equity Income Group; Best European (excl. UK) Group and Best Asia Pacific (excl. Japan) Group.

Paul Feeney, head of international distribution at BNY Mellon Asset Management, comments: "We are thrilled to receive this award as it is testament to the consistent performance that we have delivered in Newton throughout tumultuous markets. Newton is delivering top performance across most of its retail fund range+. An example of why Newton continues to be recognised as being an award winning asset manager is the fact that all of Newton's UK equity funds listed in the IMA UK All Companies and IMA UK Equity Income sectors have delivered outstanding performance through exceptionally testing times*. The Newton Growth Fund; the Newton UK Opportunities Fund; the Newton Income Fund and the Newton Higher Income Fund all rank first quartile over all time periods from six months to ten years, where the record is available*. Over five years to 31 December 2008, all of Newton's funds in the IMA UK All Companies sector have delivered at least three times the sector's average return*."

Helena Morrissey, chief executive officer of Newton, added: "We are delighted that Newton continues to be nominated and awarded high profile awards such as those given by Professional Adviser. Newton's solid investment process has ensured strong returns throughout diverse market environments over the last 30 years. Our thematic approach to investing has helped us navigate the difficult investment environment that we have found ourselves in over the last year. Our focus continues to be on identifying positive investment opportunities for our clients."

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 $20.2 trillion in assets under custody and administration, approximately $928 billion in assets under management and services approximately $11 trillion in outstanding debt. Additional information is available at www.bnymellon.com.

Source: Lipper as at 31/12/08. Fund performance calculated as total return including income net of UK tax and annual charges, but excluding initial charge. + Relative to Benchmark. The impact of the initial charge, which may be up to 4%, can be material on the performance of a client's investment. Performance figures including the initial charge are available upon request. Past performance is not a guide to future performance.
All other information source: BNY Mellon Asset Management International Limited as at 31/12/08. This press release is qualified for issuance in the UK only and is for information purposes only. It does not constitute an offer or solicitation of securities or investment services or an endorsement thereof in any jurisdiction or in any circumstance in which such offer or solicitation is unlawful or not authorised. Not available or offered to U.S. investors. 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. 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