NEW YORK, March 4, 2010 — BNY Mellon, a global leader in asset management and securities servicing, has been ranked the number one overall trustee for municipal debt in 2009, according to Thomson Reuters, a leading source of intelligent information for businesses and professionals.

In 2009, the company served as trustee on more than 940 municipal issues with proceeds exceeding $90 billion, which accounted for more than 40% of all new proceeds during the year.

"This ranking demonstrates the success we have had at expanding our market share while delivering quality trust services and working collaboratively with our clients to meet their needs," said Troy Kilpatrick, managing director and head of the Corporate and Public Finance Group within BNY Mellon Corporate Trust. "We are very proud to have secured this top ranking for the fourth consecutive year."

BNY Mellon Corporate Trust services $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 corporations, municipal governments and other entities issuing debt to perform a variety of duties, including servicing and maintaining the debt issue, processing principal and interest payments for investors, representing investors in defaults, and providing value-added services for complex debt structures.

BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). 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.