Appointing Suzanne Hutchins as portfolio manager and investment specialist

LONDON and NEW YORK, August 3, 2010 — Newton* has announced the appointment of Suzanne Hutchins (nee Rogers) to the newly created role of Real Return portfolio manager and investment specialist.

Reporting to Iain Stewart, director of investment, Hutchins will be tasked with providing investment management and product specialist support to Newton's Real Return Strategies Team, as well as acting as the primary interface both internally and externally with our clients.

Hutchins rejoins Newton from Capital International Limited, where she was  investment specialist for global equity and income based investment strategies. Hutchins also played a key role in corporate governance, social and environmental issues. She originally joined Newton in 1991 as a trainee research analyst. During her time with the company, Hutchins became well respected for her multi-asset investment management capabilities. Prior to her departure from Newton in 2005 to join Capital, Hutchins was team leader of the Intrepid Team (now known as the Real Return Team) and was directly responsible for managing over 1bn pounds Sterling of multi-asset portfolios on behalf of segregated and retail clients.

Helena Morrissey, chief executive officer at Newton*, comments: "We are pleased to welcome Suzanne back to Newton. Her wealth of investment management experience and her ability to effectively service and manage client relationships will be a valuable asset to the company.

"Our Real Return Strategies investment team is highly regarded across our industry for having delivered positive investment performance each year. We are currently receiving increased interest in our offering and we believe that we are now well placed to increase our market share of this sector. Suzanne will be a key component to our drive to build out our footprint in both the wholesale and institutional markets."

Newton is part of BNY Mellon Asset Management.

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 $62 billion, including assets managed by Newton Investment Management Limited 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 BNY Mellon's affiliated investment management firms and global distribution companies. Information about BNY Mellon Asset Management is available at www.bnymellonam.com.

BNY Mellon is a global financial services company focused on helping clients manage and service their financial assets, operating in 36 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 $21.8 trillion in assets under custody and administration and $1.0 trillion in assets under management, services $11.6 trillion in outstanding debt and processes global payments averaging $1.5 trillion per day. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). 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 30 June 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).