BNY Mellon Announces Redemption of Trust Preferred Securities

        BNY Mellon Announces Redemption of Trust Preferred Securities

PR Newswire

NEW YORK, Oct. 26, 2012

NEW YORK, Oct. 26, 2012 /PRNewswire/ -- BNY Mellon, the global leader in
investment management and investment services, today announced that all
outstanding 6.875% Trust Preferred Securities, Series E (NYSE: BKPrE), issued
by BNY Capital IV (liquidation amount $25 per security and $200 million in the
aggregate) and 5.95% Trust Preferred Securities, Series F (NYSE: BKPrF),
issued by BNY Capital V (liquidation amount $25 per security and $350 million
in the aggregate) will be redeemed on Monday, November 26, 2012. The
redemption price for the 6.875% Trust Preferred Securities, Series E will be
equal to $25 per security plus accrued and unpaid distributions up to and
excluding the redemption date in the amount of $0.40582. The redemption price
for the 5.95% Trust Preferred Securities, Series F will be equal to $25 per
security plus accrued and unpaid distributions up to and excluding the
redemption date in the amount of $0.10330.

The Trust Preferred Securities are held only in book-entry form through The
Depository Trust Corporation ("DTC"). DTC will redeem the Trust Preferred
Securities in accordance with its procedures and notify the holders. Holders
of the Trust Preferred Securities need not take any action to receive payment
of the redemption price.

BNY Mellon is a global financial services company focused on helping clients
manage and service their financial assets, operating in 36 countries and
serving more than 100 markets. BNY Mellon is a leading provider of financial
services for institutions, corporations and high-net-worth individuals,
offering superior investment management and investment services through a
worldwide client-focused team. As of September 30, 2012, it had $27.9
trillion in assets under custody and administration and $1.4 trillion in
assets under management, serviced $11.6 trillion in outstanding debt and
processed global payments averaging $1.4 trillion per day. BNY Mellon is the
corporate brand of The Bank of New York Mellon Corporation (NYSE: BK).
Additional information is available on www.bnymellon.comor follow us on
Twitter @BNYMellon.

The information presented in this press release may contain forward-looking
statements within the meaning of the Private Securities Litigation Reform Act
of 1995. These statements may be expressed in a variety of ways, including
the use of future or present tense language. These statements are based upon
current beliefs and expectations and are subject to significant risks and
uncertainties (some of which are beyond the Company's control). Factors that
could cause the Company's results to differ materially can be found in the
risk factors set forth in the Company's Annual Report on Form 10-K for the
year ended December 31, 2011, the Company's Quarterly Report on Form 10-Q for
the quarterly period ended June 30, 2012 and the Company's other filings with
the SEC. Such forward-looking statements speak only as of the date of this
press release. The Company expressly disclaims any obligation to release
publicly any updates or revisions to any forward-looking statements contained
herein to reflect any change in its expectations with regard thereto or change
in events, conditions or circumstances on which any statement is based.

SOURCE The Bank of New York Mellon Corporation

Website: http://www.bnymellon.com
Contact: Media, Kevin Heine, +1-212-635-1569, kevin.heine@bnymellon.com, or
Analysts, Andy Clark, +1-212-635-1803, andy.clark@bnymellon.com
 
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