The Bank of New York Mellon Reappointed Depositary Bank by Compal Electronics

PRNewswire
NEW YORK
(NYSE:BK)
Aug 6, 2009

NEW YORK, August 6, 2009 — The Bank of New York Mellon (NYSE: BK), the global leader in asset management and securities servicing, has been reappointed by Compal Electronics, Inc. (Compal) as depositary bank for its sponsored Global Depositary Receipt (GDR) program. Each Compal GDR represents five common shares and trades on the Luxembourg Stock Exchange under the symbol "CPED." Compal's ordinary shares trade on the Taiwan Stock Exchange under the stock code "2324." The Compal GDRs and common shares have not been registered under the U.S. Securities Act of 1933 and may not be offered or sold in the U.S., absent registration or an applicable exemption from the registration requirements.

Compal is engaged in the design, research, development, manufacture and sales of notebook personal computers, LCD TVs, and mobile handsets. To offer flexible services, Compal has established subsidiaries in the People's Republic of China, Vietnam, United States, Brazil and Poland. The Bank of New York Mellon has served as Compal's depositary bank since the company established its GDR program in 1999.

"We believe The Bank of New York Mellon has the expertise and knowledge to help us attract additional global investors through its value-added approach to the business," said Gary Lu, Compal's chief financial officer.

"As the leading depositary bank, we bring significant experience supporting Taiwanese DR issuers in the global capital markets," said Michael Cole-Fontayn, chief executive officer of The Bank of New York Mellon's Depositary Receipt business. "Being reappointed by Compal proves the success of both our long standing partnership and our efforts to raise Compal's visibility with international investors."

The Bank of New York Mellon acts as depositary for more than 2,100 American and global depositary receipt programs, acting in partnership with leading companies from 67 countries. With an unrivalled commitment to helping securities issuers succeed in the world's rapidly evolving financial markets, the company delivers the industry's most comprehensive suite of integrated depositary receipt, corporate trust and stock transfer services. Additional information is available at www.bnymellon.com/dr.

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 more than $11.8 trillion in outstanding debt, and processes global payments averaging $1.8 trillion per day. Additional information is available at bnymellon.com.

This release is for informational purposes only. The Bank of New York Mellon provides no advice nor recommendation or endorsement with respect to any company or securities. Nothing herein shall be deemed to constitute an offer to sell or a solicitation of an offer to buy securities. Depositary Receipts: Not FDIC, State or Federal Agency Insured; May Lose Value; No Bank, State or Federal Agency Guarantee.