STT State Street Corporation

State Street Corporation (State Street) today announced a quarterly dividend of $0.23 per share, payable April 15, 2008, to stockholders of record as of April 1, 2008. State Street�s quarterly dividend rate is 10 percent higher than a year ago. 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 $15.3 trillion in assets under custody and $2 trillion in assets under management at December 31, 2007, State Street operates in 26 countries and more than 100 geographic markets worldwide and employs 27,110 worldwide. For more information, visit State Street�s web site at www.statestreet.com or call 877/639-7788 [NEWS STT] toll-free in the United States and Canada, or +1 678/999-4577 outside those countries.