Press Release

LONDON 21 May 2007 — Mellon Financial Corporation has been awarded the full administration service mandate for ABN AMRO Bank's new suite of UCITS III approved Funds, which will be marketed under the name Brushfield.

Mellon will provide a full range of services to Brushfield. Global custody and depositary services will be provided through Mellon's joint venture, ABN AMRO Mellon Global Securities Services B.V. Fund accounting and transfer agency will be provided by Mellon's asset servicing division.

The first fund in the new Brushfield range, Defined Alpha 20, was launched on 7th February, linked to a volatility strategy. Under the Brushfield umbrella, it is anticipated that several additional structured funds will be launched throughout 2007 and beyond.

Nadine Chakar, Executive Vice President at Mellon and Chief Executive Officer of ABN AMRO Mellon, comments: "We are delighted to have been selected as the asset servicing partner for the new Brushfield funds. This mandate is a tremendously important win for us as it underlines the strength and breadth of our combined asset servicing offering. Our creative and flexible approach to delivering global custody, fund administration and value added services, allied to our fully integrated technology platform, ensures our clients benefit from enhanced efficiency, transparency and service quality."

Mellon Financial Corporation is a global financial services company. Headquartered in Pittsburgh, Mellon is one of the world's leading providers of financial services for institutions, corporations and high net worth individuals, providing asset management, wealth management, asset servicing, issuer services and treasury services. Mellon has approximately $5.8 trillion in assets under management, administration or custody, including $1.034 trillion under management. News and other information about Mellon is available at www.mellon.com.

ABN AMRO Mellon Global Securities Services B.V. is a 50-50 joint venture between ABN AMRO Bank N.V. and Mellon Financial Corporation. It provides global custody and related services to institutions around the world outside North America. The company combines ABN AMRO's worldwide servicing presence with Mellon's advanced technology and product capabilities. Value-added products and services include compliance monitoring, investment accounting, performance measurement and analytics. News and other information about ABN AMRO Mellon Global Securities Services are available at www.abnamromellon.com.

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