BNY Mellon Ranked #1 Fund Administrator in Ireland for Third Year

DUBLIN, November 4, 2010 - BNY Mellon, the global leader in asset management and securities
servicing, has maintained its position as the number one fund administrator
in Ireland with assets under administration totalling US$270.4 billion across
498 funds according to Lipper's 2010 Ireland Fund Encyclopaedia. The annual
report by Lipper, the Thomson Reuters research company, reveals that for
combined Irish domiciled and non-Irish domiciled funds, BNY Mellon has an
18.75% market share by asset value.

Lipper's Ireland Fund Encyclopaedia provides the only comprehensive
analysis of service providers for all funds serviced in Ireland. Lipper's
market share rankings are based upon 30 June 2010 data. BNY Mellon recently
acquired PNC Global Investment Servicing. According to Lipper, if this merger
had taken place by 30 June, the total assets under administration for the new
entity would have been US$344.3 billion with a market share of 23.8%.

This is the third year in which BNY Mellon has participated in the survey
and the third year in succession the company has been named number one in
Ireland.

"This #1 ranking underlines client confidence in BNY Mellon and our
unwavering focus on service excellence and product innovation here in
Ireland," said Ross Whitehill, Head of Offshore Management, BNY Mellon Asset
Servicing.

"Looking to 2011, the global regulatory metamorphosis will continue,
transforming the funds industry and the support managers subsequently need
from their administrators. It has never been more important than today to
know your market positions, values, counterparties and exposures. We are
making strong investments to ensure our clients continue to have access to
the most sophisticated risk analytical, measurement and reporting tools they
need to address the new regulatory regime."

"We believe Ireland will continue to play a very strong role in the
European funds industry. As investors continue to demand transparency,
greater control and more robust governance frameworks for their alternative
investments, managers are increasingly turning to strongly regulated fund
centres like Ireland to launch new funds," added Brian Ruane, Chief Executive
Officer of BNY Mellon's Alternative Investment Services business. "We will
continue to invest in Ireland, as evidenced by our recent PNC acquisition,
and to rely on its highly skilled and dedicated workforce, of which we employ
more than 1,700 traditional and hedge fund experts across the country."

BNY Mellon opened its first office in Ireland in 1994 and received
approval from the Irish Financial Regulator to establish a new bank licensed
entity in Ireland in 2009. The company currently employs over 1,700 employees
in Ireland, located in Cork, Wexford, Navan, and Dublin and offers a broad
range of services to traditional and alternative asset managers, banks,
pension funds and insurance companies including asset servicing, corporate
trust, depositary receipts and treasury services.

Notes to editors:

BNY Mellon Asset Servicing offers clients worldwide a broad spectrum of
specialised asset servicing capabilities, including custody and fund
services, securities lending, performance and analytics, and execution
services. BNY Mellon Asset Servicing in Ireland provides services through its
Irish regulated entities, BNY Mellon Fund Services (Ireland) Limited and BNY
Mellon Trust Company (Ireland) Limited.

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 US$24.4 trillion in assets under
custody and administration and US$1.14 trillion in assets under management,
services US$11.6 trillion in outstanding debt and processes global payments
averaging US$1.6 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.

Louisa Bartoszek, +44-20-7163-2826, louisa.bartoszek at bnymellon.com