NEW YORK, Dec. 17 /PRNewswire-FirstCall/ -- The Bank of New York Mellon Corporation has reduced its prime rate from 4.0 percent to 3.25 percent, effective December 16, 2008. The Bank of New York Mellon Corporation is a global financial services company focused on helping clients manage and service their financial assets, operating in 34 countries and serving more than 100 markets. The company is a leading provider of financial services for institutions, corporations and high-net-worth individuals, providing superior asset management and wealth management, asset servicing, issuer services, clearing services and treasury services through a worldwide client-focused team. It has $22.4 trillion in assets under custody and administration, approximately $1.1 trillion in assets under management and services approximately $12 trillion in outstanding debt. Additional information is available at http://www.bnymellon.com/. DATASOURCE: The Bank of New York Mellon Corporation CONTACT: Ron Gruendl of The Bank of New York Mellon Corporation, +1-412-234-7157, Web Site: http://www.bnymellon.com/

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