LONDON, October 20, 2009 — BNY Mellon, the global leader in asset management and securities servicing, has been appointed as a provider of global hedge fund custody services by the Capula Global Relative Value Master Fund Limited, the flagship fund investment managed by Capula Investment Management LLP, the London-based government fixed-income specialist firm with close to $4 billion of assets under management.

BNY Mellon’s global strength, financial stability and its commitment to client service were among the reasons Capula mandated the company for the services.

Neil McCallum, chief operating officer at Capula Investment Management LLP, said: “We selected BNY Mellon as a global custodian as in the current economic environment it is important - to both the firm and to its clients - to have a provider with the financial stability to ensure the safekeeping of our assets.”

David Aldrich, managing director and head of alternative investment services EMEA, at BNY Mellon said: “BNY Mellon is committed to helping our hedge fund clients reduce their counterparty risks. Our appointment gives Capula an additional custody option with a custodian of recognized quality.”

BNY Mellon is a leading private equity and hedge fund administrator with over $21o billion in assets under administration and an extensive global presence, including locations in Bermuda, Cayman Islands, Hong Kong, Ireland, Luxembourg, Japan, Singapore and the United Kingdom, as well as US offices in California, Florida, New Jersey and New York. In addition to alternative fund administration the company offers a wide range of cash management, foreign exchange, collateral management, trust, operational outsourcing and custody services to the hedge fund industry.

BNY Mellon is a corporate brand of The Bank of New York Mellon Corporation and may also be used as a generic term to reference the corporation as a whole or its various subsidiaries. BNY 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.