NEW YORK, January 3, 2012 — BNY Mellon, the global leader in investment management and investment servicing, announced today that it has completed the previously announced sale of its Shareowner Services business to Computershare.  Computershare is a global provider of transfer agency, share registration, employee equity plans, proxy solicitation, stake holder communications, and other diversified financial and governance services.

The transaction resulted in a modest after-tax loss to be reflected in BNY Mellon's results for the fourth quarter of 2011 due to the impact of non-deductible goodwill associated with the business. The transaction further enhances BNY Mellon's strong capital ratios, generating more than $200 million in additional capital and adding approximately 20 basis points to BNY Mellon's Basel III Tier 1 common equity ratio.

Computershare (ASX:CPU) is a leading global provider of transfer agency and share registration, employee equity plans, proxy solicitation and stakeholder communications.  Founded in 1978, Computershare specializes in data management, high volume transaction processing, payments and stakeholder engagement.  Its global clients use these core competencies to help maximize the value of relationships with their investors, employees, creditors, members and customers. Computershare is represented in all major financial markets, and has over 10,000 employees worldwide. Additional information is available at www.computershare.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, 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 (NYSE: BK). Additional information is available on www.bnymellon.com or follow us on Twitter @BNYMellon.

This press release contains statements that are considered "forward-looking statements." These statements, which may be expressed in a variety of ways, including the use of future or present tense language, relate to, among other things, the impact of the announced transaction on BNY Mellon's financial results and capital ratios. These forward-looking statements are based on current beliefs and assumptions that involve risks and uncertainties and that are subject to change based on various important factors (some of which are beyond BNY Mellon's control). For additional information with respect to risks and other factors that could cause BNY Mellon's results to differ materially from those described in the forward-looking statements, see the risk factors set forth in BNY Mellon's Annual Report on Form 10-K for the year ended Dec. 31, 2010 and its other filings with the Securities and Exchange Commission. All statements in this press release speak only as of January 3, 2012, and BNY Mellon undertakes no obligation to update any statement to reflect events or circumstances after January 3, 2012 or to reflect the occurrence of unanticipated events.