Press Releases

Mellon Receives Extended Mandate for the Fitzwilliam OEIC

LONDON 21 June 2007 — Mellon Financial Corporation's asset servicing business today announced that it has been appointed to provide transfer agency and fund accounting for three funds, the Fitzwilliam OEIC, with a combined value of around £150 million. WAY Fund Managers Limited operates as the Authorised Corporate Director to the Fitzwilliam OEIC on behalf of BDO Stoy Hayward Investment Management Ltd.

Trustee and custody services to the Fitzwilliam OEIC are already provided through ABN AMRO Mellon Global Securities, the 50-50 joint venture between Mellon Financial Corporation and ABN AMRO Bank N.V.

Commenting on the appointment, Nadine Chakar, Executive Vice President at Mellon and Chief Executive Officer of ABN AMRO Mellon, said: "WAY Fund Managers is a valued client and we are proud and delighted to have the opportunity to extend our relationship with them."

Shaun Port, Chief Investment Officer at BDO Stoy Hayward Investment Management Ltd, who act as the Investment Adviser to the Fitzwilliam OEIC, comments: "As BDO Stoy Hayward Investment Management Ltd strives to continue developing it's investment management proposition, we needed an asset servicing partner who could provide top quality service across all of our administration needs. We are pleased WAY Fund Managers were able to find a strong partner in Mellon who, as custodian and trustee, has proved a flexible and professional partner. We are looking forward to working with the wider Mellon asset servicing team and to giving our customers an even better service as a result."

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.