STT State Street Corporation

State Street Corporation today announced its regular quarterly dividend of $0.24 per common share, payable on January 15, 2009 to shareholders of record as of January 2, 2009. State Street has increased its common stock dividend twice each year since 1978. In compliance with the restrictions on dividend rate increases generally imposed on all participants in the U.S. Treasury�s TARP Capital Purchase Program, State Street did not increase its common stock dividend rate in the fourth quarter as has been its practice. 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 $14 trillion in assets under custody and $1.7 trillion in assets under management at September 30, 2008, State Street operates in 26 countries and more than 100 geographic markets worldwide and employs 28,950 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.