Secures $300m Cambridgeshire and $440m Rhondda Cynon Taff mandates

NEW YORK and LONDON, Aug. 5 /PRNewswire-FirstCall/ -- Newton* has recently been awarded two new global equity mandates. Cambridgeshire County Council in England and Rhondda Cynon Taff County Council in Wales have both chosen Newton to run their multi-million global equity portfolios.

Newton has been managing global mandates for 30 years and applies a single portfolio approach to running global equity portfolios. The mandates will be managed by members of the global equity team at Newton. Similar strategies are offered in the U.S. by Newton Capital Management Limited.

Over 70% of Newton's mandates are globally invested with over $26 billion in global equity mandates.

Commenting on the appointments, Helena Morrissey, Chief Executive Officer of Newton said: 'We continue to be recognized for our successful global thematic approach to investing. Our framework of investment themes has helped us navigate through the recent, more challenging market environment and enabled us to provide solid returns to investors.'

The Bank of New York Mellon Corporation (NYSE: BK) 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 more than $23 trillion in assets under custody and administration, more than $1.1 trillion in assets under management and services $12 trillion in outstanding debt. Additional information is available at bnymellon.com.

All information source Newton as at 30 June 2008.

*'Newton' refers to the following group of affiliated companies: Newton Investment Management Limited, Newton Capital Management Limited, Newton International Investment Management Limited, Newton Capital Management LLC and Newton Fund Managers (C.I.) Limited. Assets under management include assets managed by all of these companies except Newton Capital Management LLC, which provides marketing services in the U.S. Except for Newton Capital Management LLC and Newton Capital Management Limited, none of the other Newton companies offer services in the U.S. Newton Capital Management Limited is an investment management firm, authorized and regulated in the UK by the Financial Services Authority in the conduct of investment business and is a wholly owned subsidiary of The Bank of New York Mellon Corporation. Registered in England no. 2675952. Newton Capital Management Limited is registered as an investment adviser under the Investment Advisers Act of 1940.

SOURCE Bank of New York Mellon Corporation