Press Releases

Newton Investment Management Appoints Mira Bhogaita as Global Analyst

LONDON, 17 October 2005 — Newton Investment Management Limited, the UK asset management subsidiary of Mellon Financial Corporation, has appointed Mira Bhogaita as an analyst in its Global Research team. Bhogaita joins on 17 October and will report to Simon Pryke, Leader, Global Research, at Newton. In this role she will be responsible for analysing mid-cap companies with emphasis on the transportation, property and leisure industries.

Bhogaita joins from Deutsche Asset Management, where she was a UK equity analyst specialising in the transportation sector, and is a graduate of St Anne's College, Oxford.

Commenting on the appointment Simon Pryke said: "Mira will make an excellent addition to our team adding to the robust stock selection debate."

Newton Investment Management Limited is a London-based UK asset management subsidiary of Mellon Financial Corporation. With assets under management of almost £25 billion, the company provides a broad range of award-winning investment products and services to individuals, pension funds, charities and corporations. Newton has operations in London, Edinburgh, Leeds and Jersey. News and other information about Newton is available at www.newton.co.uk.

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 institutional asset management, mutual funds, private wealth management, asset servicing, payment solutions and treasury services. Mellon has approximately $4.2 trillion in assets under management, administration or custody, including $738 billion under management. Its asset management companies include The Dreyfus Corporation and U.K.-based Newton Investment Management Limited. News and other information about Mellon is available at www.mellon.com.