Simon Surtees joins BNY Mellon Asset Management in London

LONDON, 23 February 2010 — BNY Mellon Asset Management is pleased to announce the appointment of Simon Surtees as Fixed Income Product Specialist for Standish Mellon Asset Management's suite of strategies and products.

Surtees will be responsible for providing business and product development for Standish's non-US clients and prospects. Aligned to BNY Mellon Asset Management's International Wholesale Sales teams, led by Paul Feeney, Head of International Distribution, Surtees will also provide technical fixed income product support.

Surtees brings over 18 years of investment industry experience to BNY Mellon Asset Management. He joined the company at the beginning of 2010 from Gartmore Investment Management, where he was Head of Credit and a Senior Fund Manager. Prior to moving to the buyside in 2002, Simon worked within the Investment Banking industry where he provided proprietary and published credit research and was latterly Managing Director of Bear Stern's European Credit Research team.

Desmond MacIntyre, President & CEO of Standish, said "Strong performance and attractive investment strategies across a range of retail and institutional onshore and offshore investment platforms have assisted Standish to achieve phenomenal growth. Providing the highest level of support to our clients and prospects is key to our continued success, and BNY Mellon's appointment of Simon will give our international clients access to an investment specialist in London."

Paul Feeney added: "We are delighted that Simon has decided to join BNY Mellon Asset Management. Simon's wealth of industry experience will greatly assist us with our ambitions to develop the Standish client base outside of the US." Surtees will be based in London within the distribution arm of BNY Mellon Asset Management.

Standish Mellon Asset Management Company LLC, with $63 billion of assets under management provides investment management services across a broad spectrum of fixed income asset classes. These include corporate credit (investment-grade and high-yield), emerging markets debt (dollar-denominated and local currency), core / core plus and opportunistic (U.S. and global) strategies. The firm also includes assets managed by Standish personnel acting as dual officers of The Dreyfus Corporation and The Bank of New York Mellon, each a subsidiary of The Bank of New York Mellon Corporation.

BNY Mellon Asset Management is the umbrella organisation for BNY Mellon's affiliated investment management firms and global distribution companies. Information about BNY Mellon Asset Management is available at www.bnymellonam.com.

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 $12.0 trillion in outstanding debt and processes global payments averaging $1.6 trillion per day. Additional information is available at www.bnymellon.com.