Update at a Glance

May 2, 2007

Learn about Mellon Working Capital Solutions at TMANE Conference

Mellon Working Capital Solutions (WCS) invites you to meet our representatives, attend special sessions on treasury industry topics and see select Mellon product and service demonstrations at this year's TMANE conference May 9-11, 2007 in Boston.

A session on "Going From Disaster to Business Recovery" will take place Wednesday, May 9, 2007 from 2:00 p.m. -3:15 PM. Greg Malosh, FVP, Treasury Services Product line manager for Mellon WCS, will present.

Stop by our booth (#36) to see online demonstrations of Mellon iTelecash,® (our Web-based information reporting and transaction initiation service) and Liquidity Management Service (LMS), Mellon's comprehensive Web-based investment tool that enables customers to conveniently initiate money market mutual fund and fixed income securities transactions with Mellon Financial Markets, LLC*, Mellon's full-service broker dealer.

To schedule a product demonstration or a meeting with your Mellon WCS representative at the 2007 TMANE conference, contact us at 1 800 424-3004 or send an e-mail to wcs@mellon.com.

*MFM is a member of the NASD and SIPC. Money market funds and other investments offered through MFM are not FDIC-insured, not bank-guaranteed, may lose value and will fluctuate in yield. Investors should consider the investment objectives, risks, charges and expenses of a mutual fund carefully before investing. Investors may obtain prospectuses and other information through LMS and should read this information carefully before investing.