Largest U.S. Custodian in Terms of Funds Serviced

NEW YORK, June 30, 2009 — BNY Mellon Asset Servicing, the global leader in securities servicing, announced today that it has exceeded $100 billion in exchange-traded fund (ETF) assets under custody. BNY Mellon is the largest U.S. custodian for ETFs in terms of funds serviced, providing services to more than 350 separate funds. Over the last 10 years, BNY Mellon's ETF services business has grown from a single portfolio with less than $1 billion in assets.

"This important milestone reflects the recent market upturn and the unwavering emphasis that BNY Mellon has put on delivering superior asset servicing capabilities for this rapidly growing segment of the global funds industry," said Joseph Keenan, managing director and head of financial institution relationship management for BNY Mellon Asset Servicing.

ETF services include custody, accounting and administration, and transfer agency.

"Our position as a market leader in providing asset servicing capabilities is evidence of the extraordinary growth in an asset class that didn't even exist only a few short years ago," said Keenan. "We will continue to invest in all aspects of this business from technology to client service so we can meet the growing needs of investment managers and contribute to the continuing success of our clients."

BNY Mellon Asset Servicing offers clients worldwide a broad spectrum of specialized asset servicing capabilities, including custody and fund services, securities lending, performance and analytics, and execution services. BNY Mellon Asset Servicing provides services through The Bank of New York Mellon and other related companies.

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 $19.5 trillion in assets under custody and administration, $881 billion in assets under management, services more than $11 trillion in outstanding debt and processes global payments averaging $1.8 trillion per day, as of March 31, 2009. Additional information is available at www.bnymellon.com.