The Bank of New York Mellon has rescheduled its fourth-quarter 2008 financial
results conference call to 5 p.m. EST today (Tuesday, January 20, 2009). Robert P. Kelly, chairman and chief executive officer; Gerald L. Hassell, president; and Thomas P. Gibbons, chief financial officer, along with other members of executive management will host the conference call and simultaneous live audio webcast. The call will follow the release of the company's fourth-quarter 2008 financial results at approximately 4:30 p.m. EST today. This conference call and audio webcast will include forward-looking statements and may include other material information.

The company's Tier 1 Capital Ratio is expected to be 13.1%, compared to 9.3% at September 30, 2008, and the Tangible Capital Equity Ratio is expected to be 3.8%, compared to 3.9% at September 30, 2008. All other results from the quarter will be
included in this afternoon's release.

The earnings release previously was scheduled for Thursday, January 22.

Persons wishing to access the conference call and audio webcast may do so by dialing +1 888 677 5383 (U.S.) and +1 210 838 9221 (International) Passcode: Earnings, or by logging on to www.bnymellon.com. The earnings release together with the quarterly earnings review will be available at www.bnymellon.com beginning at approximately 4:30 p.m. EST on January 20. Replays of the conference call and audio webcast will be available beginning January 20 at approximately 9 p.m. EST through Tuesday, February 3, 2009 by dialing +1 866 442 1776 (U.S.) or +1 203 369 1076 (International). The archived version of the conference call and audio webcast will also be available at www.bnymellon.com for the same time period.

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