ADVISORY/SSgA Invites Local and Regional Financial Media to Attend December 11 Luncheon Briefing.

Business Editors

ADVISORY...for Tuesday (Dec. 11)

BOSTON--(BUSINESS WIRE)--Dec. 4, 2001

State Street Global Advisors (SSgA), the investment management arm of State Street Corporation, (NYSE: STT) invites financial media to attend a media briefing on Tuesday, December 11 to hear outlook briefings from two of its well-known market commentators, Alan Brown and Ned Riley.

--WHO: Reporters, editors and publishers interested in visiting one on one with SSgA senior investment professionals

--WHAT: Luncheon buffet and briefings

--WHEN: Tuesday, December 11, buffet begins at 11:30 a.m., briefings at noon, informal visits after the briefings, event concludes at 1:30 p.m.

--WHERE: State Street building, 225 Franklin Street, Boston. Metropolitan Room, 33rd Floor.

--RSVP: Those attending will need to RSVP to Erin Heggerick by calling 617.664.8576 or by e-mailing an RSVP directly to [e-mail]

Alan Brown, SSgA chief investment officer, will offer a brief overview of SSgA's many investment capabilities, as well as a global markets outlook for the upcoming year. Ned Riley, SSgA chief investment strategist, will deliver his domestic economic forecast for 2002. The event will also include representatives from the disciplines of global equity strategies, asset allocation, fixed income, currency and sector analysis, who will be able to provide insight into their particular asset classes and investment expertise.

SSgA, the investment management group of State Street Corporation, uses quantitative and traditional techniques to manage $663 billion in investment programs and portfolios for institutional and individual investors. In addition to Boston, SSgA has full investment operations in Hong Kong, Tokyo, Singapore, London, Paris, Montreal, Munich and Sydney. It also has offices in Brussels, Dubai, Moscow, Prague, Santiago, Seoul, Toronto, Zurich, and Montpellier, France. In the United States, it has offices in Atlanta, GA; Bellevue, WA; Boca Raton, FL; Chicago, IL; Clearwater, FL; Greenwich, CT; Hartford, CT; Los Angeles, CA; Manchester, NH; Naples, FL; New York, NY; Osterville, MA; Purchase, NY; San Francisco, CA; and Stamford, CT. For more information, visit SSgA's web site at www.ssga.com.

With $5.8 trillion in assets under custody and $663 billion under management, State Street Corporation is the world's leading specialist in meeting the needs of sophisticated global investors. Offices are located in the United States, Canada, Chile, Cayman Islands, Netherlands Antilles, Ireland, United Kingdom, Netherlands, France, Belgium, Luxembourg, Switzerland, Germany, Czech Republic, United Arab Emirates, Russia, People's Republic of China, Taiwan, South Korea, Japan, Singapore, and Australia. State Street Corporation's common stock is traded on the New York Stock Exchange under the symbol STT. For more information, visit State Street's Web site at www.statestreet.com.