TAIPEI, 4 May 2010 — BNY Mellon Asset Servicing, the global leader in securities servicing, has been appointed as global custodian by Fuh Hwa Securities Investment Trust ("Fuh Hwa") for its new mutual fund, Fuh Hwa Global Commodity Fund. The new Fund launched on 6 April 2010.

Fuh Hwa was established in June 1997 and is the largest securities investment trust in Taiwan with assets under management totalling approximately US$6 billion as at 26 February 2010.

"We chose BNY Mellon not only because of their sophisticated custody platform, but because it was vital to choose a partner who has a strong balance sheet and high credit ratings to ensure the safekeeping of our investment assets," said Anne Mao, Associate Vice President at Fuh Hwa. "BNY Mellon was able to demonstrate all of these qualities and, coupled with their reputation for client service, this made them the ideal partner to provide the services we need."

"The underlying fundamentals of Asia appear relatively strong and the consensus is that Asia's long term growth advantage will lead to the region increasingly becoming the engine of the world's growth," said Chong Jin Leow, Head of Asia, BNY Mellon Asset Servicing. "The rising number of investment vehicles is, in turn, fuelling the need for services from custodians like BNY Mellon who can provide strong infrastructures which are transparent, cost-effective, and help institutions manage risk in the global markets."

"Our appointment by Fuh Hwa shows that we have the people and expertise all around the world to meet client's different needs. We will continue to grow our capability and presence in Taiwan to ensure we remain a leading provider of customised solutions to our growing Taiwanese client base," added Leow.

BNY Mellon has had a presence in Taiwan for almost four decades. The company provides a wide variety of products and services to Taiwanese institutional investors including treasury services, asset servicing, depositary receipts and foreign exchange services. BNY Mellon's Taipei branch is one of the oldest foreign banks in Taiwan having been in operation since the early 1970s.

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.