STT State Street Corporation

State Street Corporation, (NYSE: STT), the world's leading provider of financial services to institutional investors, announced today that it has expanded its securities finance operations in Ireland, Japan and Singapore. State Street will now offer securities lending services in Dublin and provide additional service offerings from its Tokyo and Singapore offices. Maurice Leo, who was recently appointed managing director for State Street�s securities finance team, will oversee the division�s product sales and account management activities in Dublin serving the Irish offshore and Middle Eastern markets. State Street has also become the only global securities lending agent with dedicated, full service securities finance capabilities in Asia with the addition of an operations group in its existing securities finance office in Tokyo. State Street has also expanded its client service offerings in Asia with the placement of Patsian Low, vice president, in Singapore. Patsian will oversee the securities finance business and market development activities in the region (ex-Japan). The division�s capabilities within the region now include two trading desks (one in Tokyo and one in Sydney), sales, account management and operations functions. With this expanded presence, State Street is a market leader in securities lending in Asia. �Expanding our capabilities in these three geographies reflects the strategic importance of these growing markets for our customers,� said Craig Starble, executive vice president and head of securities finance at State Street. �We look forward to broadening our existing securities finance relationships, winning additional business and expanding our overall product offerings.� With more than $3 trillion in lendable assets and nearly $700 billion in assets on-loan, State Street is a market leader in securities finance. It serves more than 400 customers and 150 borrower relationships worldwide from 13 locations in North America, Europe and Asia-Pacific. For more information about State Street�s securities lending program, visit www.statestreet.com/securitiesfinance. State Street Corporation (NYSE: STT) is the world's leading provider of financial services to institutional investors, including investment servicing, investment management and investment research and trading. With $13.0 trillion in assets under custody and $1.9 trillion in assets under management at June 30, 2007, State Street operates in 26 countries and more than 100 geographic markets worldwide. For more information, visit State Street�s website at www.statestreet.com.