NEW YORK, February 1, 2010 — NEWS ADVISORY: BNY Mellon Asset Management President and CEO Ron O'Hanley is available to address what must be done now for U.S. retirement readiness. Retirement security is the defining issue for the next decade.

President Obama in his State of the Union address stated, "...making it easier to save for retirement by giving access to every worker a retirement account..."

    WHO:       BNY Mellon Asset Management
               President and CEO Ron O'Hanley

               The Financial Services Roundtable Council on Asset Management -
               Chairman

               Leader of The Retirement Security Coalition

    WHAT:      Retirement Readiness in the U.S.

               -- Make mandatory workplace retirement plans
               -- Double caps for individual contributions to tax-deferred
                  retirement accounts
               -- Remove disincentives from pension plans and tax codes

    WHEN:      Available now