LONDON and NEW YORK, May 18, 2010 — Newton*, part of BNY Mellon Asset Management, has announced that Newton Investment Management Ltd has been awarded an Active European Equity mandate by China's National Council for Social Security Fund (NCSSF).

The NCSSF is a ministry-level unit directly under the State Council of the People's Republic of China and an independent legal entity responsible for the management and operation of National Social Security Fund.

Newton has been managing equity mandates for 30 years and European equity mandates for over 22 years. The mandate will be managed by members of the European equity team at Newton. Newton manages over 1bn pounds Sterling in European equity mandates.

"The appointment by NCSSF validates the appeal of Newton's global thematic approach to investing and underscores our success in serving the needs of Chinese investors," said Helena Morrissey, chief executive officer of Newton*.  "Chinese pension funds and institutions are attracted to our approach to investment and have confidence in our strength based on our 30-year track record of global investing. Our business from China is growing strongly, and we are delighted to be working with NCSSF on this important mandate."

"We continue to see new business in north Asia as institutional investors in the region continue to diversify their investment portfolios," said Jon Little, vice chairman and co-head of BNY Mellon Asset Management. "Our Asian clients have been particularly interested in Newton's thematic investment approach which has generated strong returns for investors through diverse market conditions."

Newton* is a London-based global asset management subsidiary of The Bank of New York Mellon Corporation and part of BNY Mellon Asset Management. With assets under management of more than $67 billion, including assets managed by Newton Investment Management as dual officers of Newton Capital Management Limited and The Bank of New York Mellon, Newton's group of affiliated companies provides a broad range of award-winning investment products and services to individuals, pension funds, charities and corporations. News and other information about Newton is available at www.newton.co.uk.

BNY Mellon Asset Management is the umbrella organisation for The Bank of New York Mellon Corporation's affiliated investment management firms and global distribution companies.

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.

*'Newton' refers to the following group of affiliated companies: Newton Investment Management Limited, Newton Capital Management Limited, Newton International Investment Management Limited, Newton Capital Management LLC and Newton Fund Managers (CI) Limited. Assets under management include assets managed by all of these companies except Newton Capital Management LLC, which provides marketing services in the U.S. for Newton Capital Management Limited.  Except for Newton Capital Management LLC and Newton Capital Management Limited, none of the other Newton companies offer services in the US. Newton Capital Management Limited is an investment management firm authorized and regulated in the United Kingdom by the Financial Services Authority in the conduct of investment business and is a wholly owned subsidiary of The Bank of New York Mellon Corporation.  Registered in England no: 2675952.  Newton Capital Management Limited is registered in the United States as an investment adviser under the Investment Advisers Act of 1940. Newton Investment Management Limited is an investment management firm authorized and regulated in the United Kingdom by the Financial Services Authority in the conduct of investment business and is a wholly owned subsidiary of The Bank of New York Mellon Corporation.  Registered in England no: 1371973. All information source BNY Mellon Asset Management as at 31 March 2010. This press release is qualified for issuance in the UK and US and is for information purposes only. It does not constitute an offer or solicitation of securities or investment services or an endorsement thereof in any jurisdiction or in any circumstance in which such offer or solicitation is unlawful or not authorised. This press release is issued by BNY Mellon Asset Management (US) and BNY Mellon Asset Management International Limited (ex-US) to members of the financial press and media and the information contained herein should not be construed as investment advice. Past performance is not a guide to future performance. Registered office of BNY Mellon Asset Management International Limited: BNY Mellon Centre, 160 Queen Victoria Street, London, EC4V 4LA. Registered in England no. 1118580. Authorised and regulated by the Financial Services Authority. A BNY Mellon Company(SM).