Press Releases

Mellon Investor Services Named ADR Depositary for JPMorgan

JERSEY CITY, N.J., November 15, 2005 — Mellon Investor Services (MIS) has been appointed as the American Depositary Receipt (ADR) agent for JPMorgan Chase & Co. Under the terms of the agreement, MIS will manage all recordkeeping activities for the more than 200 ADR programs for issuers around the world that JPMorgan serves as depositary.

"Mellon's value proposition is perfectly suited to our business," said Patrick Colle, Senior Vice President and head of JPMorgan's ADR business. "Mellon consistently demonstrated a commitment to provide the best shareholder experience and this is supported by their innovative technology. The flexibility and willingness of Mellon to partner with us to develop business solutions that address specific needs is impressive. We look forward to the value that this engagement will bring to us, our clients and their shareholders."

"Our ability to develop a solution that leverages our expertise, processes and technology led to this opportunity to expand our relationship with JPMorgan. Their selection of MIS not only validates our strategic direction, but also acknowledges our commitment to building a collaborative, solutions-oriented business relationship that meets the complex needs of the equity solutions market," said Julian Clark, MIS managing director.

JPMorgan Worldwide Securities Services, a division of JPMorgan Chase Bank, N.A., is the global industry leader with $11 trillion in assets under custody. JPMorgan provides innovative custody and securities products and services to the world's largest institutional investors and debt and equity issuers. JPMorgan Securities Services leverages its scale and capabilities in more than 80 markets to help clients optimize efficiency, mitigate risk and enhance revenue through custody and investor services as well as securities clearance and trust services.

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $1.2 trillion and operations in more than 50 countries. The firm is a leader in investment banking, financial services for consumers and businesses, financial transaction processing, asset and wealth management, and private equity. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. has its corporate headquarters in New York and its U.S. consumer and commercial banking headquarters in Chicago. Under the JPMorgan, Chase and Bank One brands, the firm serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients. Information about the firm is available at www.jpmorganchase.com.

MIS, a subsidiary of Mellon Financial Corporation, is one of the leading providers of shareholder services and related securities products in North America with approximately 1,300 corporate clients worldwide and 20 million shareholder accounts for small, middle-market and Fortune 500 corporations. Additional information about Mellon Investor Services is available at www.melloninvestor.com.

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 investor services, and treasury services. Mellon has approximately $4.5 trillion in assets under management, administration or custody, including $766 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 are available at www.mellon.com.