MADRID, 9 February 2010 — BNY Mellon Asset Servicing, the global leader in securities servicing, has been appointed by La Caixa, the third largest financial institution in Spain and a leading European savings bank, as global custodian to assets valued at approximately US$ 1 billion.

Juan Antonio García Galvez at La Caixa, said: "After an extensive due diligence process, we chose BNY Mellon because of its financial stability, strong technology reinvestment programme and its proven record in respect of service standards, client focus and relationship management."

"Expectations around the future growth and influence of the Spanish market are high, and as a leading player, La Caixa is extremely well-placed to benefit from those trends," said Nadine Chakar, Head of Europe, Middle East and Africa (EMEA), BNY Mellon Asset Servicing. "As a well-capitalised and visibly committed large player, we are ideally placed to be the trusted partner financial institutions like La Caixa need to accelerate the growth of their businesses as market conditions continue to improve."

BNY Mellon Asset Servicing offers clients worldwide a broad spectrum of specialised asset servicing capabilities, including custody and fund services, securities lending, performance and analytics, and execution services.

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 $22.3 trillion in assets under custody and administration, $1.1 trillion in assets under management, services $12 trillion in outstanding debt and processes global payments averaging $1.6 trillion per day. Additional information is available at www.bnymellon.com.