LONDON, November 09, 2011 — BNY Mellon, the global leader in investment management and investment services, has been appointed by the disability charity, Scope, to provide pro-bono corporate trust services for the first issuance of Scope's £20m charity bond programme.

The charity plans to use the finance raised through the programme to expand its income generation activities such as fundraising programmes and its network of charity shops, both of which generate long term sustainable sources of income for its work with disabled people.

Investing for Good, a specialist adviser for impact investments to private banks, asset managers, foundations, social enterprises and charities, will act as the arranger on the programme.

Dean Fletcher, head of Corporate Trust for Europe, Middle East and Africa at BNY Mellon said: “Providing our services on a pro-bono basis for Scope, alongside other market participants, means the charity can access the capital markets in this innovative way. It is our great pleasure to be able to assist Scope in meeting their financial and ethical goals''

Geoff Burnand, CEO, Investing for Good said: “Until now investors who want their money to do social good have had difficulty in finding the right asset classes to invest in. The Charity Bond programme has been designed to strike a balance and also satisfy both the ethical and financial aspects of social investment''.

BNY Mellon Corporate Trust services $11.8 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 to 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 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, offering superior investment management and investment services through a worldwide client-focused team. It has $25.9 trillion in assets under custody and administration and $1.2 trillion in assets under management, services $11.9 trillion in outstanding debt and processes global payments averaging $1.6 trillion per day. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation. Additional information is available on www.bnymellon.com or follow us on Twitter @BNYMellon.

This press release is issued by The Bank of New York Mellon to members of the financial press and media. All information and figures source The Bank of New York Mellon as at 30 September 2011 unless otherwise stated. The Bank of New York Mellon, London Branch, registered in England and Wales with FC005522 and BR000818. Branch office: One Canada Square, London E14 5AL Authorised and regulated in the UK by the Financial Services Authority.