Global financial services company increases office space and staff to support growth

TOKYO, 8 September 2010 — BNY Mellon, the global leader in asset management and securities servicing, has announced plans to combine its Japanese operations into Marunouchi Trust Tower Main in Tokyo. BNY Mellon has taken additional space to accommodate the company's fast growing Japanese businesses and will relocate to the new building in 2011.

"We are growing in Japan driven by its very large, sophisticated market and highly developed financial infrastructure," said Christopher Sturdy, Chairman of Asia Pacific, BNY Mellon. "Japan is a global centre with appetite for the world-class products and services BNY Mellon offers. We plan to make significant investments in our on-the-ground resources to enable us to deepen the range of solutions we can offer Japanese institutions."

BNY Mellon has made a number of senior personnel appointments in Japan over the last 18 months to accelerate the investment in its businesses to meet growing client demand. In April 2009 Shogo Yamaguchi was appointed as Representative Director and President of its Japanese asset management subsidiary BNY Mellon Asset Management Japan Limited; Robert Whittemore was named as Head of Treasury Services – Japan in April 2010; and Dominick Falco was appointed as President and Chief Executive Officer of BNY Mellon's Japanese Trust Bank subsidiary in May 2010.

BNY Mellon, which last year celebrated its 225th anniversary and has its head office at One Wall Street in New York, has had a presence in Japan for almost four decades. The company provides a wide variety of products and services to Japanese institutional and retail investors including asset management, securities servicing and corporate trust. The company has 16 offices in 12 countries in Asia-Pacific with its regional headquarters in Hong Kong.

BNY Mellon is listed on the New York Stock Exchange and has a market capitalization of US$30.0 billion (30 June 2010) making it the sixth largest bank by market capitalization in the United States. The company is also one of the strongest financial institutions globally, with the highest debt ratings of all major U.S. banks as ranked by both Moody's and S&P.

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. Additional information is available at www.bnymellon.com.