BNY Mellon Asset Servicing awarded global custody mandate by Ireland's largest building society

LONDON - 22 August 2007

BNY Mellon Asset Servicing, the global leader in asset servicing, has been appointed by EBS Building Society to provide custody services for its global portfolio valued at $4.2 billion of assets.

Damien Lee, Treasury Department at EBS, said: “We appointed BNY Mellon Asset Servicing because they have demonstrated a clear understanding of our needs, and have proven experience in meeting and servicing the complex requirements of institutions such as ours. Equally importantly, they have shown their ability to develop solutions for us as we grow in sophistication and complexity. We look forward to a strong working relationship with them, and to partnering with an organisation with a reputation for service excellence.”

Nadine Chakar, executive vice president at BNY Mellon Asset Servicing, said: “Winning this significant global mandate underlines our desire to work hand-in-hand with leading institutions around Europe. We are pleased to have been selected by EBS and look forward to helping them with their investor services needs in the years ahead delivering solutions now and in the future.”

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