BNY Mellon Treasury Services Expands Suite of Payment Solutions for Corporate Clients with the Addition of MasterCard Payment Ga

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Addition to portfolio of payment services reflects strategic focus on delivering the efficiency, cost and cash management advantages of straight through processing

NEW YORK AND PURCHASE, NY, December 21, 2009 —BNY Mellon Treasury Services and MasterCard Worldwide today announced that BNY Mellon will be integrating the MasterCard Payment Gateway^TMinto its suite of payment solutions for corporate clients. Complementing the ACH, wire transfer and check payment services already available from BNY Mellon, the MasterCard Payment Gateway will allow BNY Mellon clients to take advantage of the speed, cost efficiency, security and disbursements management benefits of electronic B-to-B card payments as part of a comprehensive array of payment alternatives.

An industry leader in the delivery of global payment services to large corporations and institutions, BNY Mellon will utilize the MasterCard Payment Gateway as an electronic B-to-B payments network connecting clients with their suppliers. The MasterCard Payment Gateway will enable BNY Mellon to expand how it addresses its corporate customers' needs across a broad set of spend categories and large value payments. Integration of the Gateway is scheduled for completion by the end of this year.

"Making the benefits of electronic payments processing more readily accessible to our clients is a key strategic focus for us," said Al Briand, managing director and head of product development and strategic development at BNY Mellon Treasury Services. "The ability of new, innovative B-to-B card programs to deliver the advantages of straight through processing — speed, reliability, efficiency and compatibility with advanced cash management strategies and systems — make them a perfect fit for our suite of payment solutions."

"With payments as our core business, MasterCard is focused on providing BNY Mellon and its corporate clients with flexible payment processing capabilities that can easily integrate with and enhance existing ERP and electronic invoicing investments," said Shari Krikorian, Vice President, Innovative Platforms, MasterCard Worldwide. "The global scope of BNY Mellon's payments program, its track record for innovation and knack for incorporating client-friendly modular enhancements to its platforms make it an important addition to our growing roster of Payment Gateway users, and we look forward to working with BNY Mellon on the successful integration of the Gateway into its suite of solutions."

About MasterCard Payment Gateway

First introduced in October 2007, the MasterCard Payment Gateway is a flexible enterprise-wide payment processing platform for routing commercial payments between buyers, suppliers and their financial institutions. Providing a comprehensive, end-to-end, modular solution that offers several key features, including buyer-initiated P-Card straight through processing, the platform significantly enhances security and control for financial institutions and their corporate customers. Other features include single interface ("one stop shop") for all payment processing needs for both buyers and suppliers; user interface/Web portal for payment status and reporting; end-user integration (with current ERP/AP systems) for buyers; and remittance information regardless of payment type for suppliers.

About MasterCard Worldwide

MasterCard Worldwide advances global commerce by providing a critical economic link among financial institutions, businesses, cardholders and merchants worldwide. As a franchisor, processor and advisor, MasterCard develops and markets payment solutions, processes approximately 21 billion transactions each year, and provides industry-leading analysis and consulting services to financial-institution customers and merchants. Powered by the MasterCard Worldwide Network and through its family of brands, including MasterCard®, Maestro® and Cirrus®, MasterCard serves consumers and businesses in more than 210 countries and territories. For more information go towww.mastercard.com.

About BNY Mellon Treasury Services

With locations in 34 countries on six continents and a network of more than 2,000 correspondent financial institutions, BNY Mellon Treasury Services delivers high-quality performance in cash management, global payments, trade services, capital markets, foreign exchange and derivatives. Ranked no. 1 in nine of 14 categories in Warabak Research's 2009 Bank Leader Survey, BNY Mellon helps clients optimize cash flow, manage liquidity and make payments more efficiently around the world in more than 100 currencies. Processing more than $1.6 trillion in payments transactions on a daily basis, the company is a top-five participant in both the CHIPS and overall funds transfer markets, and is a recognized leader in the delivery of white-label treasury services solutions for banks and other large institutional clients.

BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation. BNY Mellon 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. BNY Mellon 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 $22.1 trillion in assets under custody and administration and $966 billion in assets under management, services $11.9 trillion in outstanding debt and processes global payments averaging $1.6 trillion per day. Additional information is available at www.bnymellon.com.

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