BNY Mellon Corporate Trust Tops Trustee Rankings for First Quarter of 2010

May 27, 2010

NEW YORK, May 27, 2010 — BNY Mellon Corporate Trust was the number one overall trustee for all U.S. debt for the first quarter of 2010, according to Thomson Reuters, a leading source of intelligent information for businesses and professionals.

The company's top trustee ranking encompasses market share positions across all significant U.S. debt categories, including long-term municipal, investment grade, high yield, asset-backed and mortgage-backed debt.

BNY Mellon Corporate Trust was appointed on 326 debt transactions generating proceeds of over $113.3 billion, over two and a half times the value of issuance handled by the nearest competitor.

"These results validate our clients' confidence in our financial strength and stability and our expertise across all debt segments," said Scott Posner, chief executive officer of BNY Mellon Corporate Trust.  "Our industry leadership position in the United States and globally is central to our ability to collaborate with and consistently outperform for our clients."

BNY Mellon Corporate Trust services $12 trillion in outstanding debt from 61 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 $22.4 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.