David Jiang to remain as Chairman and Representative Director

TOKYO, 1 April 2009 — The Bank of New York Mellon, the global leader in asset management and securities servicing, has appointed Shogo Yamaguchi as Representative Director and President of its Japanese asset management subsidiary BNY Mellon Asset Management Japan Limited. David Jiang will remain as Chairman and Representative Director of BNY Mellon Asset Management Japan Limited.

Yamaguchi has over 12 years asset management experience and joined the company in December 2007 in Tokyo. He was previously executive vice president of BNY Mellon Asset Management Japan Limited, reporting to Jiang. Yamaguchi's immediate goal is to continue to grow BNY Mellon's asset management business in Japan, a very important market for BNY Mellon in Asia Pacific.

Jiang was appointed in early 2003 to lead the growth of BNY Mellon’s asset management business in Japan and Asia Pacific region. He will continue in his role as CEO of Asia Pacific for BNY Mellon Asset Management, responsible for the development of the long term strategy for growth across the Asia Pacific region.

"Shogo has made a tremendous contribution to transforming BNY Mellon Asset Management into one of the major money managers in Japan," said Jon Little, Vice Chairman of BNY Mellon Asset Management. "His experience will be invaluable as we seek to accelerate the growth of our business and serve a growing list of clients effectively."

"We are deeply appreciative of David’s contributions to our business in Japan. While David will still play a role in Japan, we look forward to his leadership and focus in other parts of Asia. The talent in our management team has never been stronger," added Little.

Jiang was recently named co-chair of a new Sovereign Advisory Board, launched by BNY Mellon in March 2009. The Board was created to leverage BNY Mellon's on-the-ground resources, services and best practices from around the world, to further develop its relationships with sovereign organizations, which include sovereign wealth funds, sovereign pension plans, central banks/monetary authorities and sovereign owned entities.

The Bank of New York Mellon has had a presence in Japan for almost four decades. The company provides a wide variety of products and services to Japanese institutional and retail investors including asset management, securities servicing and corporate trust.

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 $20.2 trillion in assets under custody and administration, $928 billion in assets under management, services more than $11 trillion in outstanding debt, and processes global payments averaging $1.8 trillion per day. Additional information is available at www.bnymellon.com.