New role created to support acceleration of business growth in India

MUMBAI, 3 August 2009 — The Bank of New York Mellon, a global leader in asset management and securities servicing, has appointed Mr. Navneet Singh as Country Executive for India and Chief Representative of the company's Representative Office in Mumbai.

In this new position, Mr. Singh will be based in Mumbai and lead the development and implementation of the company's business strategy for India with a focus on strengthening and broadening local client relationships. He will report to Mr. Christopher Sturdy, Chairman of Asia Pacific, based at the company's regional Asia Pacific headquarters in Hong Kong.

Prior to joining The Bank of New York Mellon, Mr. Singh spent over 25 years at Standard Chartered Bank in a variety of senior leadership positions covering many facets of the financial services sector. After several tenures overseas, Mr. Singh returned to Mumbai in 2000 to assume the position of Head Corporate Banking (India) at Standard Chartered Bank. In 2004, Mr. Singh became Head of Strategy (India) and most recently was Regional Head of Legal and Compliance with responsibility for legal, compliance and assurance for five countries in South Asia including India.

"At a time when some international banks are scaling back their overseas investments, we are moving forward and increasing our presence in strong financial markets. India, with its high growth trajectory and expanding savings and investment pool, is therefore a key focus for our company," said Mr. Christopher Sturdy, Chairman of Asia Pacific, The Bank of New York Mellon. "As we grow our business, we need to ensure we attract the best talent so we continually deliver flawless execution and client service. In Navneet, we have a very strong business leader whose strategic insights will enhance our ability to anticipate market opportunities and create value for our clients both domestically and overseas."

The Bank of New Mellon has been active in India since 1983 and today has over 4,000 employees located in Pune, Chennai and Mumbai.

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 $20.7 trillion in assets under custody and administration, $926 billion in assets under management, services $11.8 trillion in outstanding debt and processes global payments averaging $1.8 trillion per day. Additional information is available at www.bnymellon.com.