Largest single tranche transaction ever issued into the Kangaroo market

SYDNEY, November 23, 2009 — BNY Mellon, the global leader in asset management and securities servicing, has been appointed to provide multiple corporate trust services for European Investment Bank's (EIB) (AAA/Aaa) A$1.5 billion (US$1.39 billion) April 2015 Kangaroo bond – the largest single tranche transaction ever issued into the Kangaroo market.

The EIB was created by the Treaty of Rome in 1958 as the long-term lending bank of the European Union and has been over the last few years the largest SSA issuer in the Kangaroo market. As Issuing and Paying Agent and Registrar, BNY Mellon will provide a variety of services for EIB's Australian Dollar Domestic Medium Term Note Programme, including facilitating issuance of bonds into the market, re-fixing rates of interest and processing interest payments to noteholders.

quot;Aussie-dollar denominated bonds, or kangaroo bonds as they are better known, have enjoyed a bumper 12 months thanks, to strong interest from overseas investors looking to capitalise on the attractive yields and take advantage of favourable currency movements," said John McGee, Managing Director of BNY Mellon's Corporate Trust business in Australia.

"As the world's leading corporate trust provider, the continued strength of the Kangaroo bond market presents strong opportunities for our company," McGee added.

BNY Mellon's corporate trust business services nearly $12 trillion in outstanding debt from 58 locations in 20 countries. Its clients include governments and their agencies, multinational corporations, financial institutions and other entities that access the global debt capital markets. The corporate trust business utilizes its global footprint and expertise to deliver a full range of issuer and related investor services and develop customized and market-driven solutions. Its range of core services includes debt trustee, paying agency, escrow and other fiduciary offerings.

Corporate trust providers are appointed by debt issuers as well as fund and collateral management institutions to perform a variety of services related to debt and collateral administration, safekeeping, direct cash and investment management, portfolio and transparency analytics, reporting, and final asset disposition and distribution activities.

BNY Mellon provides corporate trust services in Australia through its wholly owned subsidiary, BNY Mellon Australia Pty Ltd.

BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation. 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. BNY Mellon 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 $22.1 trillion in assets under custody and administration and $966 billion in assets under management, services $11.9 trillion in outstanding debt and processes global payments averaging $1.6 trillion per day. Additional information is available at www.bnymellon.com.