TOKYO, 29 April 2010 — BNY Mellon Asset Servicing, the global leader in securities servicing, has been selected by UOB Asset Management ("UOBAM”) as the trustee, fund administrator and custodian of its Cayman-domiciled United Asia Bond Multi Currency Fund. This Fund is part of UOBAM's United Multi Asset Strategy Fund and as at 31 March 2010, the United Asia Bond Multi Currency Fund had approaching JPY 5 billion (US$ 50 million) in assets under management.

UOBAM is headquartered in Singapore, with regional business and investment offices in Malaysia, Thailand, Brunei, Taiwan and Japan. UOBAM has more than 20 years of experience in investing in equities and fixed income instruments of regional and global markets.

"We chose BNY Mellon as our fund administrator as they are highly regarded in the industry for having a robust global infrastructure which can support our administration needs in Asia as well as those of our global investor base,” said Masashi Ohmatsu, Senior Director & CEO at UOBAM Japan. "The enhanced functionality and efficiencies which BNY Mellon's appointment brings will enable us to deliver even greater value to our clients.”

Chong Jin Leow, head of Asia, BNY Mellon Asset Servicing, added:  "As the offshore mutual funds markets are increasingly competitive, the need for a strong global administrator who can assist asset managers in meeting the changing requirements is more important than ever. BNY Mellon is committed to working on behalf of our clients to ensure they understand and meet their new requirements, increase the effectiveness of their operations and minimize exposure to risk.”

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 $22.4 trillion in assets under custody and administration, $1.1 trillion in assets under management, services $11.8 trillion in outstanding debt and processes global payments averaging $1.5 trillion per day. Additional information is available at www.bnymellon.com.