/C O R R E C T I O N — BNY Mellon Asset Servicing/

LONDON - In the news release, BNY Mellon Asset Servicing Announces CAPS Pooled Pension
Fund Update for February 2009, issued 24-Mar-2009 by BNY Mellon Asset
Servicing over PR Newswire, we are advised by the company that the first
bullet after the first paragraph, should read “Balanced pooled funds achieved
a median return of -5.7% in February 2009 (-6.0% in January 2009)” rather
than “January 2008″ as originally issued inadvertently. The complete,
corrected release follows:

BNY Mellon Asset Servicing, the global leader in securities servicing,
has today announced the CAPS pooled pension funds performance results in the
UK for the month of February 2009.

- Balanced pooled funds achieved a median return of -5.7% in February
2009 (-6.0% in January 2009)
- Over one, three and five years to 28 February 2009, Balanced pooled
funds returned -25.0%, -6.9% p.a. and 2.3% p.a. respectively
- Over 10 years to 28 February 2009 these funds have returned 0.9% p.a.
- Active UK Equity managers returned -5.9%, net of fees, for the month.
This was 0.6% ahead of the return of the FTSE All-Share index.
- Net median performance against index performance for February 2009 is
detailed below (there were not enough funds in the Pan European Equity
sector to calculate a median):

Universe Name Net Median Index
Return (%) Return (%)
Balanced -5.7 -
UK Smaller Companies -3.1 -3.9
UK Equity Standard -5.9 -6.5
Overseas Equity -9.0 -8.8
Global Equity -7.5 -8.6
North American Equity -8.6 -9.2
European ex UK Equity -9.5 -10.0
Pan European Equity - -9.1
Japanese Equity -12.3 -11.2
Pacific Basin (ex Japan) Equity -4.3 -3.9
Emerging Market Equity -4.3 -4.5
UK Bonds Standard 0.1 1.4
UK Bonds Long Term 0.7 1.2
International Bond -2.1 -2.2
Index Linked -4.7 -3.6
Cash 0.1 0.1
Property -1.4 -2.3

Markets
- There were negative results across each of the major equity markets
during February, continuing the negative performances in January.
- Within equities the strongest performance came from UK Smaller Company
Equities, which returned -3.1%.
- In comparison, the weakest equity performances came from Japanese and
Europe ex UK Equities with returns of -12.3%, and -9.5% during
February.
- UK Bonds provided the strongest returns with 0.1% for Standard and 0.7%
for Long Term.
- Cash, 0.1%, provided the only other positive return for February 2009.

Balanced fund asset distributions
- UK Equity weightings fell by 0.3% in February to 36.4% when compared to
January
- Overseas Equities weightings also fell. The weighting decreased from
37.4% in January to 36.3% in February, a drop of 1.1%
- A combination of positive relative performance and manager movements
led to an increase of 0.4% in UK Government and 0.2% for UK
Non-Government Bonds to 6.2% and 4.9% respectively
- Cash weightings also increased by 0.6% during February, which can be
attributed to positive relative performance during this period
- Weightings remained fairly static for Index-Linked Gilts, Overseas
Index Linked and Property

Survey size

BNY Mellon Asset Servicing’s Pooled Pension Fund Database covers the
largest and most representative sample available to UK pension funds’
trustees. BNY Mellon Asset Servicing currently covers 80 separate asset
managers who manage over 327 billion pounds Sterling in pooled funds, both
balanced and specialist.

Notes to editors

The performance analysis and other information in this (report and/or
press release) are based on historical data and are intended for
informational purposes only. Past performance is not a guarantee of future
performance. This (report and/or press release) does not constitute
investment advice, nor is it an offer or recommendation of any security,
investment product, service or firm.

BNY Mellon Asset Servicing offers clients worldwide a broad spectrum of
specialized asset servicing capabilities, including custody and fund
services, securities lending, performance and analytics, and execution
services. BNY Mellon Asset Servicing offers its products and services through
The Bank of New York Mellon and other subsidiaries of The Bank of New York
Mellon Corporation.

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 US$20.2 trillion
in assets under custody and administration, US$928 billion in assets under
management, services more than US$11 trillion in outstanding debt, and
processes global payments averaging US$1.8 trillion per day. Additional
information is available at www.bnymellon.com.

Source: BNY Mellon Asset Servicing

Louisa Bartoszek of BNY Mellon Asset Servicing, +44-20-7163-2826, louisa.bartoszek at bnymellon.com