Announcing BondLend, Securities Finance Technology for Fixed Income

NEW YORK, May 17, 2010 - BondLend announced today the roll-out of its Securities Finance platform
targeted specifically to the fixed income lending and repo community.

BondLend trading services can provide straight through processing freeing
up valuable resources. BondLend's automated post trade services improve
efficiency and facilitate solutions that aid in reducing manual errors,
decreasing risk.

Peter Economou, Head of Securities Finance of State Street comments, "We
are excited to expand our usage of BondLend beyond Contract Comparison now to
Mark-to-Market Comparison and additional services."

BondLend's Fixed Income Mark-to-Market Comparison Service provides
detailed collateral management exposure information for better market and
counterparty risk management and allows a firm to convert middle office
resources to exception processing rather than performing expensive manual
trade adjustments, eliminating the need to maintain costly point-to-point
connections.

About BondLend

BondLend is a securities finance technology platform created specifically
to support the fixed income lending and repo community. BondLend's Trading
and Financing Services can auto-match borrowing, lending and repo using a
common standards-based protocol and infrastructure, and provide straight
through processing eliminating manual processes, freeing up valuable
resources. The BondLend post trade suite of services includes Contract
Comparison, Mark-to-Market Comparison, and Billing Comparison. BondLend
comparison services add efficiency and reduce the risk of potential
collateral management errors. Comparison services are security type agnostic
and support global usage for cash and non-cash records. BondLend's trading
and post-trade services help drive down unit costs and increase efficiency.
It allows firms to free up resources to expand their market presence,
increase trading volumes, and reduce error rates all without additional cost.
This makes the BondLend platform a cost-efficient choice for all
institutions, regardless of size.

Michelle Lindenberger, +1-212-901-2224, michelle.lindenberger at bondlend.com