STT State Street Corporation

Advanced Investment Partners (AIP), a quantitative equity fund manager and affiliate of State Street Global Alliance, LLC, announced the appointments of Dave Nicosia and Chris Zollo as regional directors with primary responsibilities for client service and marketing of AIP�s investment products to financial intermediaries. Nicosia will oversee the northeast region of the United States, and Zollo the mid-western region and Texas. Both Nicosia and Zollo each have more than ten years of investment industry experience. Nicosia joins AIP from Old Mutual Investment Partners, where he was a regional vice president managing and facilitating sales and service efforts for multiple products including separately managed accounts. Zollo joins from Heitman, a real estate investment firm, where he was directly involved in the development of the firm�s investment products in the separately managed account marketplace and was an integral part of sales, service, and distribution. �The addition of these two experienced professionals allows us to better tailor our marketing and client service efforts on a regional basis as we continue to expand our business,� said Alan C. Ashworth, CFA director of business development at Advanced Investment Partners, LLC. �Chris and Dave�s vast investment industry experience will certainly enhance our clients� experience with AIP.� AIP provides clients with a suite of active, quantitative equity strategies that seek to add value through a disciplined, rigorous approach to U.S. equity market investing. AIP is an affiliate of State Street Global Alliance, LLC, the strategic venturing partnership jointly owned by State Street Global Advisors and Stichting Pensioenfonds ABP, one of the world�s largest pension funds. The Alliance seeks out innovative asset management firms that complement SSgA�s existing investment strategies and offer value-added performance to ABP�s pension plan assets. Presently, the Alliance consists of five majority-owned companies and two minority investments. About Advanced Investment Partners Advanced Investment Partners (AIP) is an investment management firm specializing in active quantitative U.S. equity strategies. AIP�s investment process employs a comprehensive valuation process that detects and adapts to evolving opportunities within the marketplace. Each strategy is systematically engineered and rigorously risk managed to deliver consistent added value throughout varying market conditions. Located in Safety Harbor, Florida, AIP manages approximately $1.9 billion in assets as of December 31, 2007 in tax exempt and taxable accounts for both institutional and private clients. 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 $2 trillion in assets under management at December 31, 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. About ABP ABP is the pension fund for employers and employees in service of the Dutch government and the educational sector. With an invested capital of �210 billion, ABP is the second largest pension fund in the world. Their 2.6 million customers have the assurance of income security against disability, death and pension. The fund is based on solidarity and non-profit. ABP�s main office is in Heerlen (southern part of the Netherlands) with branches in Amsterdam, New York and Hong Kong. For more information on ABP Investments please visit www.abp.nl