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Mellon Financial Corporation to Release Fourth-Quarter 2006 Earnings on Wednesday, January 17
Conference call to be hosted by chairman and executive management team

PITTSBURGH, December 15, 2006 — Robert P. Kelly, chairman, president and chief executive officer; Steven G. Elliott, senior vice chairman; and Michael A. Bryson, chief financial officer, along with other members of executive management, will host a conference call and simultaneous live audio webcast at 8 a.m. EST on Wednesday, January 17, 2007 following the release of Mellon Financial Corporation's fourth-quarter 2006 financial results at approximately 6:30 a.m. EST that day. This conference call and audio webcast will include forward-looking and may include other material information.

Persons wishing to access the conference call and audio webcast may do so by dialing (888) 466-9857 (U.S.) and (847) 619-6150 (international), or by logging on to www.mellon.com. The earnings release together with the quarterly earnings summary will be available at www.mellon.com beginning at approximately 6:30 a.m. EST on January 17. Replays of the conference call and audio webcast will be available beginning January 17 at approximately 5 p.m. EST until Wednesday, January 31, 2007 at 5 p.m. EST by dialing (888) 895-5637 (U.S.) or (630) 652-3017 (international). The archived version of the conference call and audio webcast will also be available at www.mellon.com for the same time period.

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, private wealth management, asset servicing and payment solutions and investor services. Mellon has approximately $5.3 trillion in assets under management, administration or custody, including $918 billion under management. News and other information about Mellon is available at www.mellon.com.

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