NEW YORK, September 30, 2009 — BNY Mellon, the global leader in asset management and securities servicing, has been selected by Sinotel Technologies Limited (Sinotel) as the depositary bank for its American depositary receipt (ADR) program. Each Sinotel ADR represents 20 ordinary shares and trades on the over-the-counter (OTC) market. Sinotel ordinary shares trade on the Singapore Stock Exchange under the symbol "STEL."

Sinotel provides wireless telecommunication network infrastructure solutions, hardware and software support, and distribution of telecommunication devices. The company's Network Infrastructure Solution is a multi-carrier wireless system that enhances customers' wireless telecommunication networks and is compatible with various communication networks such as GSM, CDMA, PHS and WLAN as well as 3G networks. Sinotel's Network Support Solutions can also be integrated into existing telecommunication network infrastructure to deploy new and enhanced voice communication services for wireless users and to manage the provision of value-added data services.

"By establishing this DR program we will be able to optimize U.S. investor interest in our company," said, Jason Li, chief executive officer of Sinotel. "We look forward to working with BNY Mellon and are confident that as the world's leading depositary bank, they have the resources necessary to effectively support our investor outreach initiatives and grow demand for our DRs."

"We look forward to helping Sinotel raise its visibility and broaden its shareholder base in the U.S.," said Michael Cole-Fontayn, chief executive officer of BNY Mellon's Depositary Receipts business. "We are confident that Sinotel's DR program will build upon their growing momentum and aid in their global expansion. We are committed to providing Sinotel with all the resources required to ensure this program is successful."

BNY 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.

BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). BNY Mellon 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 bnymellon.com.

This release is for informational purposes only. BNY 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.