The Bank of New York Company, Inc. Opens Corporate Trust Office in Denver.

NEW YORK -- The Bank of New York Company, Inc., through its subsidiary The Bank of New York Trust Company, N.A., has opened a new corporate trust office in Denver. The new office will offer corporate trust services for corporations, governments, and other organizations in the Rocky Mountain region that issue debt and equity related securities.

The opening of the office at 600 17th Street provides the Company with an on-the-ground presence in Denver, where it already serves many governmental agencies and corporations as trustee or agent, and represents the latest move by the Company to expand its corporate trust business worldwide. Most recently, the Company, through the N.A., has acquired the bond administration business of Marshall & Ilsley and opened corporate trust offices in Boston, Cincinnati, Detroit and Indianapolis.

Karen B. Peetz, executive vice president of The Bank of New York and head of the Corporate Trust Division at the Bank and its nationwide affiliates, said, "The opening of our new office in Denver represents our response to a growing demand from current and prospective clients. Clients in this region will receive the service they require from our local representatives who understand the unique market requirements and practices."

The Bank of New York is a leading provider of corporate trust and agency services. The Bank and its subsidiaries and affiliates administer a portfolio of more than 90,000 trustee and agency appointments, representing $3 trillion in outstanding securities for more than 30,000 clients around the world. The Bank is a recognized leader for trust services in several debt products, including corporate and municipal debt, mortgage-backed and asset-backed securities, derivative securities services and international debt offerings.

The Bank of New York Company, Inc. (NYSE: BK) is a global leader in providing a comprehensive array of services that enable institutions and individuals to move and manage their financial assets in more than 100 markets worldwide. The Company has a long tradition of collaborating with clients to deliver innovative solutions through its core competencies: securities servicing, treasury management, investment management, and individual & regional banking services. The Company's extensive global client base includes a broad range of leading financial institutions, corporations, government entities, endowments and foundations. Its principal subsidiary, The Bank of New York, founded in 1784, is the oldest bank in the United States and has consistently played a prominent role in the evolution of financial markets worldwide. Additional information is available at www.bankofny.com.