STT State Street Corporation

State Street Global Advisors (SSgA), the investment management arm of State Street Corporation (NYSE: STT) and the largest institutional fund manager in the world�, today announced that Gregory Zipoli and Christopher Logue have joined its Intermediary Business Group. Created in 2001, State Street�s Intermediary Business Group provides unmatched service to a growing client base of financial advisors, broker-dealers, registered investment advisors (RIAs) and family offices and represents more than $150 billion in assets under management. Gregory Zipoli has been appointed regional consultant, focusing on supporting the RIA and family office channels in the Midwest. He is based in Chicago and will report to Michael Stevens, sales manager. Mr. Zipoli joins State Street with nearly 15 years of financial services industry experience. Most recently, he served as a vice president at Pershing, cultivating growth opportunities for both Pershing and The Bank of New York in the institutional marketplace. Prior to this role, he was a vice president in Fidelity Investments� Registered Investment Advisor Group. He received a bachelor of science in economics-management from Ithaca College. Christopher Logue has been appointed regional consultant, focusing on supporting national, regional, and independent broker-dealer firms in the Northeast. He is based in Boston and will report to Rich Koerner, national sales director. Mr. Logue joins State Street with more than 14 years of financial services industry experience. Most recently, he served as an Investment Solutions Consultant for UBS Financial Services, providing sales, marketing, and educational support to financial advisors. Prior to this role, Mr. Logue was a national retirement sales manager at State Street Global Advisors. He holds a bachelors degree from the University of Notre Dame. �Greg and Chris both have very solid records of providing exceptional service and support to a wide range of sophisticated investors,� said Anthony Rochte, senior managing director of State Street. �The caliber of these two appointments underscores State Street�s commitment to supporting our clients by fielding the best possible people and resources.� About State Street Global Advisors State Street Global Advisors, the investment management arm of State Street Corporation (NYSE: STT), delivers investment strategies and integrated solutions to clients worldwide across every asset class, investment approach and style. With $1.9 trillion in assets under management as of June 30, 2007, State Street Global Advisors has investment centers in Boston, Hong Kong, London, Milan, Montreal, Munich, Paris, Singapore, Sydney, Tokyo and Zurich, and offices in 25 cities worldwide. For more information, visit State Street Global Advisors at www.ssga.com. The Funds are advised by SSgA Funds Management Inc., a registered investment adviser and a wholly owned subsidiary of State Street Corporation. �Source: Pensions & Investments magazine, based on assets under management as of December 31, 2006.