CSR Press Release

NEW YORK - April 8, 2008 — The Bank of New York Mellon (NYSE: BK), a global leader in asset management and asset servicing, today released its inaugural Corporate Social Responsibility (CSR) report. "A Report for a New Generation" details CSR progress made and commitments kept following the July 2007 merger between The Bank of New York and Mellon Financial Corporation as well as the company's CSR goals for 2008.

"Our merger presented an ideal time to renew our commitment to corporate social responsibility. We examined the impact of our activities on our clients, communities, employees, shareholders and society as a whole," said Robert P. Kelly, chief executive officer. "Corporate social responsibility is just good business. It builds trust, strengthens our reputation and unites our employees through a common focus. All our stakeholders benefit."

The Bank of New York Mellon's CSR report addresses a wide range of topics, including ethics and governance, employee development, diversity (workforce and suppliers), supply chain management, the environment and philanthropy. It features the company's CSR and environmental sustainability statements and commitments, along with a detailed plan of measurable goals and key performance indicators. To download a copy of the 2007 CSR report, visit bnymellon.com/csr.

The Bank of New York Mellon Corporation 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. The company 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 more than $23 trillion in assets under custody and administration, more than $1.1 trillion in assets under management and services $11 trillion in outstanding debt. Additional information is available at bnymellon.com.

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