The Bank of New York Mellon Corporation (BK) 8-K The Bank of New York Mellon Corporation

Exhibit 99.2

THE BANK OF NEW YORK MELLON CORPORATION

Financial Trends

Notes:

On July 1, 2007, The Bank of New York Company, Inc. (“The Bank of New York”) and Mellon Financial Corporation (“Mellon”) merged into The Bank of New York Mellon Corporation (“The Bank of New York Mellon” or “BNY Mellon”), with BNY Mellon being the surviving entity.

The results prior to the consummation of the merger, reflect the sum of The Bank of New York and Mellon’s historical results, but do not include the pro forma impact of purchase accounting adjustments. Combined results for the periods prior to the merger (2006, 1Q07, 2Q07) are presented on a pre-tax basis only. Average common equity and average goodwill/intangibles are not disclosed for the periods prior to the merger due to the impact of the merger on these line items. The business segment results are presented on a pre-tax basis for all periods and reflect actions taken to report consistent transfer pricing and cost allocation methodologies as well as intercompany eliminations between The Bank of New York and Mellon.

Summations may not equal due to rounding. As a result of this rounding convention, immaterial differences may exist between the segment trends data versus the segment trends data filed on Form 10-Q.

The following transactions have impacted the reporting of our results:

On Jan. 1, 2009, we adopted FAS 160 which resulted in a reclassification of Minority Interest, to equity from other liabilities on the balance sheet and to noncontrolling interest from other expense on the income statement.

During the first quarter of 2009, we moved the financial results of the Execution business from the Clearing Services segment to the Other segment. Historical segment results have been restated to reflect these changes.

On June 3, 2008, we completed the sale of Mellon 1st Business Bank, National Association (N.A.). The financial results have been moved from the Wealth Management segment to the Other segment. In addition, the financial results of Mellon United National Bank (MUNB) have been moved from the Wealth Management segment to the Other segment. Historical segment results have been restated to reflect these changes.

On December 20, 2007, we acquired the remaining 50% interest in the ABN AMRO Mellon joint venture. The financial results are included in the Asset Servicing segment.

On October 1, 2006, The Bank of New York acquired JPMorgan Chase’s Corporate Trust business in exchange for our retail and regional middle market banking businesses. Results of the Corporate Trust business are included in the Issuer Services segment.

The following transactions have impacted the reporting of our results:

Investment Write-downs – Impacted total revenue levels in the fourth quarter of 2007 and full year of 2008, and the first quarter of 2009.

Restructuring charge – Recorded charges in the fourth quarter of 2008 and first quarter of 2009 related to the 4% global workforce reduction.

SILO/LILO/Tax settlement charges – Incurred charges in the second and third quarters of 2008.

Merger & integration/Intangible amortization expenses – Both expense categories increased beginning in the second/third quarters of 2007 as a result of The Bank of New York/Mellon merger.

Support agreement charges – Recorded a $163 million pre-tax charge in the fourth quarter of 2008 and a $726 million pre-tax charge in the third quarter of 2008 (minor amounts recorded in the fourth quarter of 2007, first and second quarters of 2008 and the first quarter of 2009).

Goodwill impairment – Recorded a $50 million pre-tax charge in the first quarter of 2009 related to the Mellon United National Bank subsidiary.

All of these items are detailed in the trends that follow. In addition, page 15 provides additional details on the impact of the applicable items on total revenue as well the impact on Continuing operations fully diluted earnings per share.

Discontinued Operations Accounting:

The income/(loss) and average assets from discontinued operations accounting have not been allocated to any segment.

Average Assets:

Where average deposits in a business segment are greater than average loans, average assets include an allocation of investment securities equal to the difference. Consolidated average assets include average assets of discontinued operations.

Return on Common and Tangible Common Equity/Pretax Operating Margin:

Ratios are presented for continuing operations basis only. Quarterly return on common and tangible common equity ratios are annualized.

Page 1 of 19

THE BANK OF NEW YORK MELLON CORPORATION

CONTINUING OPERATIONS—9 Quarter Trend

(dollar amounts in millions unless otherwise noted;	2007												2008												2009
presented on an FTE basis)	1st Qtr			2nd Qtr			3rd Qtr			4th Qtr			1st Qtr			2nd Qtr (a)			3rd Qtr (a)			4th Qtr			1st Qtr
Revenue:
Securities servicing fees
Asset servicing	$	640		$	694		$	720		$	812		$	899		$	864		$	803		$	782		$	609
Issuer services		371			415			436			438			376			444			477			388			364
Clearing services		275			288			301			308			263			264			259			279			253
Total securities servicing fees		1,286			1,397			1,457			1,558			1,538			1,572			1,539			1,449			1,226
Asset and wealth management fees		801			856			854			887			842			844			792			657			609
Performance fees		49			63			(3	)		62			20			16			3			44			7
Foreign exchange & other trading		182			176			238			305			259			308			385			510			307
Treasury services		116			121			122			121			124			130			130			134			126
Distribution and servicing		84			83			95			113			98			110			107			106			111
Financing-related fees		63			69			51			52			48			50			45			45			48
Investment Income		70			84			34			69			37			73			49			56			(13	)
Other		97			89			101			82			96			42			46			65			20
Total fee revenue		2,748			2,938			2,949			3,249			3,062			3,145			3,096			3,066			2,441
Securities gains (losses)		2			1			(9	)		(191	)		(73	)		(152	)		(162	)		(1,241	)		(295	)
Total fee and other revenue		2,750			2,939			2,940			3,058			2,989			2,993			2,934			1,825			2,146
Net interest revenue		558			592			674			757			773			415			708			1,077			796
Total revenue		3,308			3,531			3,614			3,815			3,762			3,408			3,642			2,902			2,942
Provision for credit losses		(12	)		(18	)		—			20			16			25			30			60			80
Noninterest expenses (ex. intangible amortization and merger & integration expense)		2,237			2,433			2,353			2,491			2,350			2,484			2,371			2,313			2,114
Income before taxes and extraordinary (loss) (ex. intangible amortization and merger & integration expense)		1,083			1,116			1,261			1,304			1,396			899			1,241			529			748
Support agreement charges		—			—			—			3			14			(9	)		726			163			(8	)
Amortization of intangible assets		40			40			131			131			122			124			120			116			108
Restructuring charge		—			—			—			—			—			—			—			181			10
Goodwill impairment—Mellon United National Bank		—			—			—			—			—			—			—			—			50
Merger & integration expense		23			163			218			124			126			149			111			97			68
Income before taxes, noncontrolling interest and extraordinary (loss)		1,020			913			912			1,046			1,134			635			284			(28	)		520
Income taxes								266			343			376			327			(25	)		(119	)		150
Income before noncontrolling interest and extraordinary (loss)								646			703			758			308			309			91			370
Net income attributable to noncontrolling interest								(4	)		(3	)		(9	)		(6	)		(4	)		(5	)		(1	)
Extraordinary (loss) on consolidation of commercial paper conduit, net of tax								—			(180	)		—			—			—			(26	)		—
Preferred Dividends								—			—			—			—			—			(33	)		(47	)
Net income from continuing operations							$	642		$	520		$	749		$	302		$	305		$	27		$	322
EPS from continuing operations(b)							$	0.67		$	0.67		$	0.72		$	0.34		$	0.32		$	0.07		$	0.32
Market value of assets under management at period-end(in billions)	$	1,025		$	1,082		$	1,106		$	1,121		$	1,105		$	1,113		$	1,067		$	928		$	881
Market value of assets under custody and administration at period-end(in trillions)	$	21.1		$	22.2		$	22.7		$	23.1		$	23.1		$	23.0		$	22.4		$	20.2		$	19.5
Market value of securities on loan at period-end(in billions)	$	661		$	678		$	663		$	633		$	660		$	588		$	470		$	326		$	293
Pre-tax operating margin
GAAP-before extraordinary (loss)								25	%		27	%		30	%		19	%		8	%		(1	)%		18	%
Non-GAAP adjusted(c)								35	%		37	%		38	%		36	%		39	%		43	%		33	%
Return on tangible common equity(annualized):
GAAP-before extraordinary (loss)								33.2	%		33.0	%		35.8	%		18.5	%		19.0	%		6.7	%		26.1	%
Non-GAAP adjusted(d)								39.0	%		40.8	%		41.4	%		45.7	%		50.4	%		61.5	%		45.5	%
Return on common equity (annualized)
GAAP-before extraordinary (loss)								8.9	%		9.5	%		10.2	%		4.3	%		4.3	%		0.8	%		5.2	%
Non-GAAP adjusted(c)								11.8	%		13.1	%		12.9	%		13.2	%		14.3	%		16.9	%		10.9	%
Non-U.S. percent of revenue (FTE)(e)								30	%		32	%		32	%		33	%		32	%		31	%		29	%

(a) The second and third quarters of 2008 include SILO/LILO/tax settlement charges which reduced net interest revenue (FTE) by $377 million and $112 million, respectively. See pages 4 and 15 for additional details.

(b) Excludes the impact of merger & integration expenses. See page 15 for additional items impacting reported EPS.

(c) Calculated excluding M&I expenses, the SILO/LILO/tax settlements, support agreement charges, restructuring charges, investment write-downs, goodwill impairment, and intangible amortization expenses.

(d) Calculated excluding M&I expenses, the SILO/LILO/tax settlements, support agreement charges, restructuring charges, investment write-downs and goodwill impairment.

(e) Calculated excluding the SILO/LILO/tax settlements and investment write-downs.

Note: See pages 3 through 5 for additional details of revenue/expense items impacting continuing operations.

Page 2 of 19

THE BANK OF NEW YORK MELLON CORPORATION

CONTINUING OPERATIONS - 9 Quarter Trend

FEE AND OTHER REVENUE

	2007												2008												2009
(dollar amounts in millions unless otherwise noted)	1st Qtr			2nd Qtr			3rd Qtr			4th Qtr			1st Qtr			2nd Qtr			3rd Qtr			4th Qtr			1st Qtr
Securities servicing fees
Asset servicing	$	640		$	694		$	720		$	812		$	899		$	864		$	803		$	782		$	609
Issuer services		371			415			436			438			376			444			477			388			364
Clearing services		275			288			301			308			263			264			259			279			253
Total securities servicing fees		1,286			1,397			1,457			1,558			1,538			1,572			1,539			1,449			1,226
Asset and wealth management fees		801			856			854			887			842			844			792			657			609
Performance fees		49			63			(3	)		62			20			16			3			44			7
Foreign exchange & other trading		182			176			238			305			259			308			385			510			307
Treasury services		116			121			122			121			124			130			130			134			126
Distribution and servicing		84			83			95			113			98			110			107			106			111
Financing-related fees		63			69			51			52			48			50			45			45			48
Investment Income		60			74			25			58			28			62			38			47			(21	)
Other		97			89			101			82			96			42			46			65			20
Total fee revenue (non-FTE)		2,738			2,928			2,940			3,238			3,053			3,134			3,085			3,057			2,433
Securities gains (losses)		2			1			(9	)		(191	)		(73	)		(152	)		(162	)		(1,241	)		(295	)
Total fee and other revenue (non-FTE)		2,740			2,929			2,931			3,047			2,980			2,982			2,923			1,816			2,138
FTE impact		10			10			9			11			9			11			11			9			8
Total fee and other revenue (FTE)	$	2,750		$	2,939		$	2,940		$	3,058		$	2,989		$	2,993		$	2,934		$	1,825		$	2,146
Fee and other revenue as a percentage of total revenue, excluding the investment write-downs and SILO/LILO charges (FTE)		83	%		83	%		81	%		81	%		80	%		80	%		79	%		74	%		76	%
Market value of assets under management at period-end(in billions)	$	1,025		$	1,082		$	1,106		$	1,121		$	1,105		$	1,113		$	1,067		$	928		$	881
Market value of assets under custody and administration at period-end(in trillions)	$	21.1		$	22.2		$	22.7		$	23.1		$	23.1		$	23.0		$	22.4		$	20.2		$	19.5
Market value of securities on loan at period-end(in billions)	$	661		$	678		$	663		$	633		$	660		$	588		$	470		$	326		$	293
S&P 500 Index - period-end		1421			1503			1527			1468			1323			1280			1166			903			798
S&P 500 Index - daily average		1424			1496			1490			1496			1353			1371			1252			916			809

Page 3 of 19

THE BANK OF NEW YORK MELLON CORPORATION

CONTINUING OPERATIONS

Average Balances and Interest Rates

	Quarter Ended
	September 30, 2007					December 31, 2007					March 31, 2008					June 30, 2008					September 30, 2008					December 31, 2008					March 31, 2009
(dollar amounts in millions)	Average balance			Average rates		Average balance			Average rates		Average balance			Average rates		Average balance			Average rates		Average balance			Average rates		Average balance			Average rates		Average balance			Average rates
Assets
Interest-earning assets:
Interest-bearing deposits with banks (primarily foreign)	$	34,461		4.83	%	$	37,107		4.75	%	$	38,658		4.28	%	$	43,361		3.82	%	$	43,999		3.90	%	$	78,680		2.65	%	$	79,704		1.20	%
Other Short Term Investment (FRB)		—		—			—		—			—		—			—		—			954		2.95			8,388		3.04			1,269		3.15
Federal funds sold and securities under resale agreements		5,504		5.26			7,096		4.66			8,199		3.15			6,744		2.21			7,029		1.97			4,060		1.31			2,319		0.81
Margin loans		5,293		6.29			5,313		5.74			5,258		4.47			5,802		3.36			5,764		3.27			4,885		2.35			4,219		1.63
Non-margin loans:
Domestic offices		27,044		5.17			28,527		4.95			29,357		4.49			28,068		(1.56	) (b)		27,480		1.81	(c)		29,796		2.82			23,223		2.96
Foreign offices		13,180		5.50			13,269		5.02			13,881		4.55			13,281		3.97			13,739		3.71			15,208		3.73			13,109		2.56
Total non-margin loans		40,224		5.28			41,796		4.97			43,238		4.51			41,349		0.22	(b)		41,219		2.44	(c)		45,004		3.13			36,332		2.82
Securities
U.S. government obligations		401		4.59			502		4.18			430		3.48			552		3.05			679		3.03			762		2.73			787		2.50
U.S. government agency obligations		11,671		5.56			11,761		5.27			11,333		4.74			11,098		4.27			11,542		4.30			12,071		4.27			12,691		3.65
Obligations of states and political subdivisions		734		6.55			724		6.58			703		7.58			676		5.74			722		7.39			962		7.69			788		6.68
Other securities		33,361		5.69			33,972		5.44			35,840		5.26			32,755		5.22			30,591		5.42			26,916		5.95			29,848		4.47
Trading securities		1,872		3.95			2,351		5.35			1,459		5.36			1,918		3.74			1,791		2.76			2,148		3.96			1,728		2.86
Total securities		48,039		5.60			49,310		5.40			49,765		5.16			46,999		4.92			45,325		5.03			42,859		5.35			45,842		4.20
Total interest-earning assets		133,521		5.32			140,622		5.08			145,118		4.59			144,255		3.05	(b)		144,290		3.71	(c)		183,876		3.38			169,685		2.38
Allowance for credit losses		(303	)				(332	)				(311	)				(310	)				(355	)				(363	)				(411	)
Cash and due from banks		5,013					5,663					5,831					5,399					7,835					5,834					4,850
Other assets		45,597					47,034					50,152					46,653					47,057					54,615					45,995
Total Assets	$	183,828				$	192,987				$	200,790				$	195,997				$	198,827				$	243,962				$	220,119
Liabilities and total equity
Interest-bearing liabilities:
Money market rate accounts	$	17,204		3.38	%	$	16,190		2.74	%	$	13,296		1.63	%	$	13,590		0.96	%	$	12,503		0.88	%	$	19,003		0.52	%	$	19,315		0.11	%
Savings		793		3.09			802		2.72			913		2.33			980		1.74			986		1.13			999		0.76			1,166		0.69
Certificates of deposit of $100,000 & over		3,025		5.37			2,547		5.37			2,313		4.09			2,116		2.71			1,928		2.28			1,812		2.57			1,479		1.18
Other time deposits		1,392		6.32			1,374		6.13			8,445		2.42			6,458		1.86			5,505		1.96			5,186		1.31			5,687		0.55
Foreign offices		58,456		3.78			65,365		3.38			67,914		2.85			71,641		2.22			65,931		2.19			69,575		1.12			75,202		0.31
Total interest-bearing deposits		80,870		3.79			86,278		3.36			92,881		2.66			94,785		2.02			86,853		1.98			96,575		1.04			102,849		0.30
Federal funds purchased and securities under repurchase agreements		4,655		4.29			3,956		3.89			4,750		2.18			4,338		1.05			5,334		1.18			6,127		0.28			2,119		0.12
Other borrowed funds		2,790		4.90			3,079		2.41			3,343		3.50			2,840		3.21			3,303		2.31			3,548		2.13			3,785		1.57
Borrowings from FRB Related to ABCP		—		—			—		—			—		—			—		—			954		2.25			8,388		2.25			1,269		2.25
Payables to customers and broker-dealers		5,316		3.54			5,226		3.12			4,942		1.94			5,550		1.32			5,910		1.19			5,569		0.62			3,797		0.20
Long-term debt		14,767		5.47			15,510		5.29			17,125		4.51			16,841		3.58			15,993		3.62			15,467		3.79			15,493		2.72
Total interest-bearing liabilities		108,398		4.06			114,049		3.60			123,041		2.90			124,354		2.20			118,347		2.14			135,674		1.40			129,312		0.64
Total noninterest-bearing deposits		26,466					28,449					26,240					24,822					33,462					52,274					43,561
Other liabilities		20,295					21,353					21,821					18,314					19,022					27,171					19,256
Total liabilities		155,159					163,851					171,102					167,490					170,831					215,119					192,129
Total equity		28,669					29,136					29,688					28,507					27,996					28,843					27,990
Total liabilities and total equity	$	183,828				$	192,987				$	200,790				$	195,997				$	198,827				$	243,962				$	220,119
Net interest margin - Taxable equivalent basis				2.02	% (a)				2.16	%				2.14	%				1.16	%				1.96	%				2.34	%				1.89	%
Net interest margin - Excluding the SILO/LILO charge																			2.21	%				2.27	%

(a) Includes the reduction in net interest revenue of $22 million related to a required recalculation of the yield on leverage leases under SFAS 13 that resulted from the merger.

(b) Excluding the SILO/LILO charge, the rates on Domestic office loans, Non-margin loans and Interest-earning assets were 3.82%, 3.87% and 4.10%, respectively.

(c) Excluding the SILO/LILO charge, the rates on Domestic office loans, Non-margin loans and Interest-earning assets were 3.44%, 3.53% and 4.02%, respectively.

Note: Interest and average rates were calculated on a taxable equivalent basis, at tax rates of approximately 35%, using dollar amounts in thousands and the actual number of days in the year.

Page 4 of 19

THE BANK OF NEW YORK MELLON CORPORATION

CONTINUING OPERATIONS - 9 Quarter Trend

NONINTEREST EXPENSE

	2007								2008									2009
(dollar amounts in millions)	1st Qtr		2nd Qtr (a)		3rd Qtr (b)		4th Qtr		1st Qtr (c)		2nd Qtr (d)			3rd Qtr (d)		4th Qtr (d)		1st Qtr
Staff:
Compensation	$	739	$	754	$	764	$	758	$	795	$	804		$	804	$	758	$	712
Incentives		327		362		347		443		366		386			242		256		248
Employee benefits		191		187		169		164		191		201			172		140		191
Total staff		1,257		1,303		1,280		1,365		1,352		1,391			1,218		1,154		1,151
Professional, legal and other purchased services		245		253		241		272		252		280			287		307		262
Net occupancy		135		172		144		145		129		139			164		143		140
Distribution and servicing		132		141		127		133		130		131			133		123		107
Furniture and equipment		78		80		80		82		79		79			80		86		77
Business development		58		72		56		72		66		75			62		76		44
Software		72		77		91		78		79		88			78		86		81
Sub-custodian and clearing		87		104		110		115		70		83			80		80		66
Other		173		231		224		229		193		218			269		258		186
Subtotal	$	2,237	$	2,433	$	2,353	$	2,491	$	2,350	$	2,484		$	2,371	$	2,313	$	2,114
Support agreement charges		—		—		—		3		14		(9	)		726		163		(8	)
Restructuring charge		—		—		—		—		—		—			—		181		10
Goodwill impairment(e)		—		—		—		—		—		—			—		—		50
Amortization of intangible assets		40		40		131		131		122		124			120		116		108
Merger & integration expense:
The Bank of New York Mellon Corporation		12		151		205		111		121		146			107		97		68
Acquired Corporate Trust Business		11		12		13		13		5		3			4		—		—
Total noninterest expense	$	2,300	$	2,636	$	2,702	$	2,749	$	2,612	$	2,748		$	3,328	$	2,870	$	2,342
Employees at period-end(f)		n/a		n/a		40,600		42,500		42,600		43,100			43,200		42,900		42,000

(a) The second quarter of 2007 includes a $46 million charge for the early redemption of junior subordinated debentures, $30 million for exit costs associated with excess office space and a $5 millionlitigation reserve charge.

(b) The third quarter of 2007 includes a $32 million write-off of the remaining interests in a hedge fund manager sold in 2006.

(c) The first quarter of 2008 includes a $25 million write-down of seed capital investments related to a former affiliated hedge fund manager.

(d) The second, third and fourth quarters of 2008 include $22 million, $24 Million and $4 million, respectively, of charges for credit monitoring related to lost tapes.

(e) The first quarter of 2009 goodwill impairment charge related to Mellon United National Bank subsidiary.

(f) Represents full time employees.

n/a - Information not available on a combined basis.

Page 5 of 19

THE BANK OF NEW YORK MELLON CORPORATION

ASSETS UNDER MANAGEMENT/ CUSTODY AND ADMINISTRATION / SECURITIES LENDING - 9 Quarter Trend

	2007												2008												2009
(dollar amounts in billions unless otherwise noted)	1st Qtr			2nd Qtr			3rd Qtr			4th Qtr			1st Qtr			2nd Qtr			3rd Qtr			4th Qtr			1st Qtr
Market value of assets under management at period-end(in billions)
Institutional	$	652		$	691		$	682		$	671		$	636		$	625		$	585		$	445		$	394
Mutual Funds		273			290			323			349			373			393			384			400			413
Private Client		100			101			101			101			96			95			98			83			74
Total market value of assets under management		1,025			1,082			1,106			1,121			1,105			1,113			1,067			928			881
Composition of assets under management at period-end
Equity		42	%		42	%		41	%		41	%		40	%		38	%		36	%		29	%		27	%
Money Market		22	%		23	%		25	%		26	%		29	%		31	%		34	%		43	%		45	%
Fixed Income		21	%		20	%		19	%		20	%		18	%		18	%		20	%		18	%		19	%
Alternative investments and overlay		15	%		15	%		15	%		13	%		13	%		13	%		10	%		10	%		9	%
Total		100	%		100	%		100	%		100	%		100	%		100	%		100	%		100	%		100	%
Market value of assets under custody and administration at period-end(in trillions)	$	21.1		$	22.2		$	22.7		$	23.1		$	23.1		$	23.0		$	22.4		$	20.2		$	19.5
Market value of securities on loan at period-end	$	661		$	678		$	663		$	633		$	660		$	588		$	470		$	326		$	293
Market Indices
S&P 500 Index - period-end(a)		1421			1503			1527			1468			1323			1280			1166			903			798
S&P 500 Index - daily average		1424			1496			1490			1496			1353			1371			1252			916			809
FTSE 100 Index(a)		6308			6608			6467			6457			5702			5626			4902			4434			3926
FTSE 100 Index-daily average		6265			6534			6366			6455			5891			5979			5359			4270			4040
NASDAQ Composite Index(a)		2422			2603			2702			2652			2279			2293			2092			1577			1529
Lehman Brothers Aggregate Bond Index(a)		230.8			227.9			246.2			257.5			281.2			270.1			256.0			274.7			262.5
MSCI EAFE Index(a)		2147.5			2262.2			2300.3			2253.4			2038.6			1967.2			1553.2			1237.4			1056.2
NYSE Volume(in billions)		123.8			127.7			145.5			135.0			158.5			140.7			179.8			181.2			161.3
NASDAQ Volume(in billions)		123.5			134.0			137.0			137.4			148.9			134.5			144.9			148.3			136.2

(a) Period end

Page 6 of 19

THE BANK OF NEW YORK MELLON CORPORATION

ASSETS UNDER MANAGEMENT NET FLOWS - 9 Quarter Trend

	2007											2008												2009
(dollar amounts in billions )	1st Qtr			2nd Qtr		3rd Qtr			4th Qtr			1st Qtr			2nd Qtr			3rd Qtr			4th Qtr			1st Qtr
Market value of assets under management at beginning of period	$	1,011		$	1,025	$	1,082		$	1,106		$	1,121		$	1,105		$	1,113		$	1,067		$	928
Net Flows
Long-term		(3	)		6		2			(20	)		(6	)		(8	)		(6	)		(22	)		(1	)
Money market		5			17		27			39			29			21			14			28			(11	)
Total net inflows(a)		2			23		29			19			23			13			8			6			(12	)
Net Market appreciation/(depreciation)		12			34		(5	)		(4	)		(39	)		(6	)		(54	)		(137	)		(35	)
Acquisitions/other		—			—		—			—			—			1			—			(8	)		—
Market value of assets under management at end of period	$	1,025		$	1,082	$	1,106		$	1,121		$	1,105		$	1,113		$	1,067		$	928		$	881

(a) Net flows from the first quarter and second quarters of 2007 represent Legacy Mellon flows only.

Page 7 of 19

THE BANK OF NEW YORK MELLON CORPORATION

BUSINESS SEGMENTS

ASSET MANAGEMENT - 9 Quarter Trend

(dollar amounts in millions unless otherwise noted; presented on an FTE basis)	2007												2008												2009
	1st Qtr			2nd Qtr			3rd Qtr (a)			4th Qtr			1st Qtr			2nd Qtr			3rd Qtr			4th Qtr			1st Qtr
Revenue:
Asset and wealth management
Mutual funds		276			291			307			323			323			340			328			297			263
Institutional clients		320			351			331			342			304			290			265			193			181
Private clients		43			46			47			47			45			47			43			35			32
Total asset and wealth management		639			688			685			712			672			677			636			525			476
Performance fees		49			63			(3	)		62			20			16			3			44			7
Distribution and servicing		82			82			89			104			86			99			93			93			92
Other fee revenue(b)		16			31			(26	)		10			(26	)		4			(45	)		(100	)		(95	)
Total fee and other revenue		786			864			745			888			752			796			687			562			480
Net interest revenue (expense)		6			(6	)		(4	)		18			15			11			10			43			16
Total revenue		792			858			741			906			767			807			697			605			496
Noninterest expenses (ex. intangible amortization and support agreement charges)		509			540			538			556			557			528			489			478			412
Income before taxes (ex. intangible amortization and support agreement charges)		283			318			203			350			210			279			208			127			84
Support agreement charges		—			—			—			—			—			5			328			2			(14	)
Amortization of intangible assets		13			13			70			70			62			68			64			61			55
Income before taxes		270			305			133			280			148			206			(184	)		64			43
Average assets	$	5,358		$	5,318		$	13,482		$	13,495		$	13,238		$	13,410		$	13,286		$	13,135		$	12,636
Market value of assets under management at period-end(in billions) (c)	$	950		$	1,006		$	1,028		$	1,044		$	1,029		$	1,040		$	995		$	862		$	818
Pre-tax operating margin (ex. intangible amortization) - non-GAAP (d)		36	%		37	%		27	%		39	%		27	%		34	%		-17	%		21	%		20	%

(a) The third quarter of 2007 includes a $32 million charge related to the write-off of the value of the remaining interest in a legacy Mellon hedge fund manager that was disposed of in 2006.

(b) Includes investment write-downs of $9 million and $1 million in the third and fourth quarters of 2007, $24 million, $1 million, $3 million and $51 million in the first, second, third and fourth quarters of 2008 and $34 million in the first quarter of 2009.

(c) Includes amounts subadvised for/by other sectors.

(d) Excluding support agreement charges and investment write-downs, pre-tax operating margin (Non-GAAP) was 38% for the fourth quarter of 2007, 29%, 34%, 30% and 27% for the first, second, third and fourth quarters of 2008, respectively, and 22% for the first quarter of 2009.

Page 8 of 19

THE BANK OF NEW YORK MELLON CORPORATION

BUSINESS SEGMENTS

WEALTH MANAGEMENT - 9 Quarter Trend

(dollar amounts in millions unless otherwise noted; presented on an FTE basis)	2007												2008												2009
	1st Qtr			2nd Qtr			3rd Qtr			4th Qtr			1st Qtr			2nd Qtr			3rd Qtr			4th Qtr			1st Qtr
Revenue:
Asset and wealth management		148			153			151			157			153			150			141			119			122
Securities servicing fees - Asset servicing		4			4			3			5			6			6			7			8			7
Other fee revenue		—			(1	)		2			5			7			5			15			7			12
Total fee and other revenue		152			156			156			167			166			161			163			134			141
Net interest revenue (expense)		43			44			41			42			46			48			50			56			50
Total revenue		195			200			197			209			212			209			213			190			191
Provision for credit losses		—			—			—			—			—			(1	)		1			—			—
Noninterest expenses (ex. intangible amortization and support agreement charges)		136			141			139			142			142			142			140			141			128
Income before taxes (ex. intangible amortization and support agreement charges)		59			59			58			67			70			68			72			49			63
Support agreement charges		—			—			—			—			—			—			15			—			—
Amortization of intangible assets		1			—			14			14			13			13			14			14			11
Income before taxes		58			59			44			53			57			55			43			35			52
Average loans	$	3,799		$	4,083		$	4,133		$	4,342		$	4,390		$	4,816		$	5,231		$	5,309		$	5,388
Average assets	$	6,884		$	6,841		$	9,964		$	9,858		$	10,496		$	10,254		$	9,801		$	9,632		$	9,611
Average deposits	$	6,388		$	6,352		$	7,589		$	7,469		$	7,993		$	7,782		$	7,318		$	7,131		$	7,058
Market value of total client assets at period-end (in billions)(a)	$	158		$	162		$	170		$	170		$	164		$	162		$	158		$	139		$	132
Pre-tax operating margin(ex. intangible amortization) - non-GAAP		30	%		30	%		29	%		32	%		33	%		33	%		27	% (b)		26	%		33	%

(a) Includes assets under management, before amounts subadvised by/for other sectors, of $66 billion in the first quarter of 2009; of $84 billion, $81 billion, $77 billion and $69 billion in the first, second, third and fourth quarters of 2008; $84 billion, $85 billion, $86 billion and $86 billion in the first, second, third and fourth quarters of 2007.

(b) Excluding support agreement charges, pre-tax operating margin (Non-GAAP) was 34% for the third quarter of 2008.

Note: On June 3, 2008, we completed the sale of Mellon 1st Business Bank, National Association (N.A.); the financial results have been moved from the Wealth Management segment to the Other segment. In addition, the financial results of Mellon United National Bank (MUNB) have been moved from the Wealth Management segment to the Other segment. Historical segment results have been restated to reflect these changes.

Page 9 of 19

THE BANK OF NEW YORK MELLON CORPORATION

BUSINESS SEGMENTS

ASSET SERVICING - 9 Quarter Trend

(dollar amounts in millions unless otherwise noted; presented on an FTE basis)	2007												2008												2009
	1st Qtr			2nd Qtr			3rd Qtr			4th Qtr			1st Qtr			2nd Qtr			3rd Qtr			4th Qtr			1st Qtr
Revenue:
Securities servicing fees - Asset servicing		609			665			689			777			859			821			769			742			583
Foreign Exchange and other trading activities		112			125			161			206			200			224			261			366			199
Other fee revenue		53			61			56			53			44			36			47			25			48
Total fee and other revenue		774			851			906			1,036			1,103			1,081			1,077			1,133			830
Net interest revenue (expense)		155			180			195			225			222			213			240			411			249
Total revenue		929			1,031			1,101			1,261			1,325			1,294			1,317			1,544			1,079
Noninterest expenses (ex. intangible amortization and support agreement charges)		681			732			753			807			733			812			821			830			699
Income before taxes (ex. intangible amortization and support agreement charges)		248			299			348			454			592			482			496			714			380
Support agreement charges		—			—			—			3			14			(14	)		381			160			6
Amortization of intangible assets		3			3			6			6			7			5			6			6			7
Income before taxes		245			296			342			445			571			491			109			548			367
Average loans(a)	$	6,881		$	7,645		$	7,996		$	8,719		$	8,967		$	7,284		$	8,538		$	10,376		$	5,743
Average assets	$	37,922		$	40,843		$	44,043		$	48,462		$	52,468		$	54,763		$	57,795		$	71,455		$	65,153
Average deposits	$	34,286		$	37,339		$	38,065		$	42,446		$	46,092		$	48,436		$	51,492		$	64,500		$	57,084
Pre-tax operating margin(ex. intangible amortization) - non-GAAP		27	%		29	%		32	%		36	%		44	%		38	%		9	%(c)		36	%(c)		35	%
MEMO:
Securities lending revenue	$	65		$	99		$	110		$	167		$	245		$	202		$	155		$	187		$	90
Market value of securities on loan at period-end(in billions) (b)	$	661		$	678		$	663		$	633		$	660		$	588		$	470		$	326		$	293

(a) Loan balances are primarily related to Broker-Dealer Services business within Asset Servicing.

(b) Represents the total amount of securities on loan (both cash and non-cash) managed by the Asset Servicing segment.

(c) Excluding support agreement charges, pre-tax operating margin (Non-GAAP) was 38% in third quarter and 46% in the fourth quarter of 2008, respectively.

Page 10 of 19

THE BANK OF NEW YORK MELLON CORPORATION

BUSINESS SEGMENTS

ISSUER SERVICES - 9 Quarter Trend

(dollar amounts in millions unless otherwise noted; presented on an FTE basis)	2007												2008												2009
	1st Qtr			2nd Qtr			3rd Qtr			4th Qtr			1st Qtr			2nd Qtr (a)			3rd Qtr (a)			4th Qtr (a)			1st Qtr
Revenue:
Securities servicing fees - Issuer services		371			415			436			438			374			443			475			392			363
Other fee revenue		37			25			24			19			33			36			54			44			41
Total fee and other revenue		408			440			460			457			407			479			529			436			404
Net interest revenue (expense)		125			158			159			175			153			176			170			211			200
Total revenue		533			598			619			632			560			655			699			647			604
Provision for credit losses		—			—			—			—			—			—			—			—			—
Noninterest expenses (ex. intangible amortization)		291			297			291			324			318			347			349			318			297
Income before taxes (ex. intangible amortization)		242			301			328			308			242			308			350			329			307
Amortization of intangible assets		17			17			20			21			20			20			21			20			21
Income before taxes		225			284			308			287			222			288			329			309			286
Average assets	$	17,848		$	25,619		$	30,771		$	32,729		$	32,227		$	35,167		$	34,264		$	38,987		$	50,855
Average deposits	$	13,574		$	21,392		$	26,186		$	28,293		$	27,632		$	30,557		$	29,546		$	34,294		$	45,963
Pre-tax operating margin(ex. intangible amortization) - non-GAAP		45	%		50	%		53	%		49	%		43	%		47	%		50	%		51	%		51	%

(a) The second, third and fourth quarters of 2008 include $22 million, $24 Million and $4 million, respectively, of charges for credit monitoring related to lost tapes.

Page 11 of 19

THE BANK OF NEW YORK MELLON CORPORATION

BUSINESS SEGMENTS

CLEARING SERVICES - 9 Quarter Trend

(dollar amounts in millions unless otherwise noted; presented on an FTE basis)	2007												2008												2009
	1st Qtr			2nd Qtr			3rd Qtr (a)			4th Qtr			1st Qtr			2nd Qtr			3rd Qtr			4th Qtr			1st Qtr
Revenue:
Securities servicing fees - Clearing services		224			239			243			249			250			259			254			277			249
Other fee revenue		31			33			67			44			53			64			63			72			72
Total fee and other revenue		255			272			310			293			303			323			317			349			321
Net interest revenue (expense)		74			74			77			78			75			75			75			96			82
Total revenue		329			346			387			371			378			398			392			445			403
Provision for credit losses		—			—			—			—			—			—			—			—			—
Noninterest expenses (ex. intangible amortization)		238			256			269			260			263			291			282			268			252
Income before taxes (ex. intangible amortization)		91			90			118			111			115			107			110			177			151
Amortization of intangible assets		6			6			6			6			6			6			8			6			7
Income before taxes		85			84			112			105			109			101			102			171			144
Average loans	$	6,668		$	7,195		$	6,847		$	6,660		$	6,629		$	7,263		$	7,384		$	6,735		$	5,927
Average assets	$	14,279		$	14,725		$	15,049		$	15,813		$	16,408		$	17,395		$	18,471		$	21,128		$	18,600
Pre-tax operating margin(ex. intangible amortization) - non-GAAP		28	%		26	%		30	%		30	%		30	%		27	%		28	%		40	%		37	%

(a) The third quarter of 2007 includes a $27 million ($28 million of fee revenue net of $1 million of related incentive expense) settlement received for the early termination of a contract in 2005.

Note: During the first quarter of 2009, we moved the financial results of the Execution business from the Clearing Services segment to the Other segment.

Page 12 of 19

THE BANK OF NEW YORK MELLON CORPORATION

BUSINESS SEGMENTS

TREASURY SERVICES - 9 Quarter Trend

(dollar amounts in millions unless otherwise noted; presented on an FTE basis)	2007												2008												2009
	1st Qtr			2nd Qtr			3rd Qtr			4th Qtr			1st Qtr			2nd Qtr			3rd Qtr			4th Qtr			1st Qtr
Revenue:
Treasury services		110			114			114			118			121			125			125			130			121
Other fee revenue		103			104			110			125			106			130			137			101			118
Total fee and other revenue		213			218			224			243			227			255			262			231			239
Net interest revenue (expense)		135			131			140			161			182			153			158			233			158
Total revenue		348			349			364			404			409			408			420			464			397
Provision for credit losses		—			—			—			—			—			—			—			—			—
Noninterest expenses (ex. intangible amortization)		195			206			196			201			205			203			202			204			195
Income before taxes (ex. intangible amortization)		153			143			168			203			204			205			218			260			202
Amortization of intangible assets		—			—			7			7			7			7			6			7			6
Income before taxes		153			143			161			196			197			198			212			253			196
Average loans	$	12,588		$	13,191		$	13,716		$	14,331		$	15,344		$	15,606		$	14,671		$	16,040		$	13,612
Average assets	$	19,731		$	20,146		$	21,166		$	21,902		$	24,153		$	21,227		$	22,384		$	34,585		$	28,764
Average deposits	$	16,061		$	16,650		$	17,772		$	18,092		$	20,056		$	17,316		$	18,397		$	30,052		$	24,867
Pre-tax operating margin(ex. intangible amortization) - non-GAAP		44	%		41	%		46	%		50	%		50	%		50	%		52	%		56	%		51	%

Page 13 of 19

THE BANK OF NEW YORK MELLON CORPORATION

BUSINESS SEGMENTS

OTHER- 9 Quarter Trend

(dollar amounts in millions unless otherwise noted; presented on an FTE basis)	2007												2008												2009
	1st Qtr			2nd Qtr			3rd Qtr			4th Qtr			1st Qtr			2nd Qtr (b)			3rd Qtr (b)			4th Qtr			1st Qtr
Revenue:
Total fee and other revenue(a)		162			138			139			(26	)		31			(102	)		(101	)		(1,020	)		(269	)
Net interest revenue (expense)		20			11			66			58			80			(261	)		5			27			41
Total revenue		182			149			205			32			111			(363	)		(96	)		(993	)		(228	)
Provision for credit losses		(12	)		(18	)		—			20			16			26			29			60			80
Noninterest expenses (ex. intangible amortization and merger & integration expense)		187			261			167			201			132			161			90			75			131
Income before taxes and extraordinary (loss) (ex. intangible amortization and merger & integration expense)		7			(94	)		38			(189	)		(37	)		(550	)		(215	)		(1,128	)		(439	)
Amortization of intangible assets		—			1			8			7			7			5			1			2			1
Goodwill impairment		—			—			—			—			—			—			—			—			50
Restructuring charge		—			—			—			—			—			—			—			181			10
Merger & integration expenses		23			163			218			124			126			149			111			97			68
Income before taxes and extraordinary (loss)		(16	)		(258	)		(188	)		(320	)		(170	)		(704	)		(327	)		(1,408	)		(568	)
Average loans	$	12,101		$	11,710		$	12,825		$	13,057		$	13,166		$	12,182		$	11,159		$	11,429		$	10,864
Average assets	$	40,337		$	42,998		$	49,353		$	50,728		$	51,800		$	43,781		$	42,826		$	55,034		$	34,491
Average deposits	$	14,423		$	14,719		$	17,724		$	18,427		$	17,348		$	15,516		$	13,562		$	12,875		$	15,644

(a) Total fee and other revenue includes investment write-downs of $190 million for the fourth quarter of 2007; $51 million, $151 million, $156 million, $1,176 million for the first, second, third and fourth quarters of 2008; and $316 million in the first quarter of 2009.

(b) The second and third quarter of 2008 include SILO/LILO charges which reduced net interest revenue by $377 million and $112 million, respectively.

Note: The Other segment primarily includes the results of leasing operations, corporate treasury activities, business exits and corporate overhead. On June 3, 2008, we completed the sale of Mellon 1st Business Bank, National Association (N.A.); the financial results have been moved from the Wealth Management segment to the Other segment. In addition, the financial results of Mellon United National Bank (MUNB) have been moved from the Wealth Management segment to the Other segment. During the first quarter of 2009, the financial results of the Execution business have been moved from the Clearing Services to the Other segment. Historical segment results have been restated to reflect these changes.

Page 14 of 19

THE BANK OF NEW YORK MELLON CORPORATION

SUPPLEMENTAL INFORMATION - GAAP TO NON-GAAP RECONCILIATIONS

Reconciliation of net income and EPS - GAAP to Non-GAAP	2007									2008																						2009
	3rd Qtr					4th Qtr				1st Qtr					2nd Qtr						3rd Qtr					4th Qtr						1st Qtr
(in millions, except per share amounts)	Net income		EPS			Net income		EPS		Net income		EPS			Net income			EPS			Net income		EPS			Net income			EPS			Net income			EPS
Net income - GAAP	$	640	$	0.56		$	520	$	0.45	$	746	$	0.65		$	309		$	0.27		$	303	$	0.26		$	28		$	0.02		$	322		$	0.28
Discontinued operations (income) loss		2		—			—		—		3		—			(7	)		(0.01	)		2		—			(1	)		—			—			—
Extraordinary loss on consolidation of paper conduits, net of tax		—		—			180		0.16		—		—			—			—			—		—			26			0.02			—			—
Continuing operations		642		0.56			700		0.61		749		0.65			302			0.26			305		0.26			53			0.05	(a)		322			0.28
Non-GAAPadjustments:
M&I expenses		127		0.11			69		0.06		75		0.07			89			0.08			66		0.06			58			0.05			41			0.04
Restructuring Charge		—		—			—		—		—		—			—			—			—		—			107			0.09			7			0.01
SILO/LILO charge/tax settlements		—		—			—		—		—		—			380			0.33			30		0.03			—			—			—			—
Support agreement charges		—		—			2		—		8		0.01			(5	)		—			433		0.37			97			0.08			(5	)		—
Goodwill impairment		—		—			—		—		—		—			—			—			—		—			—			—			31			0.03
Continuing operations excluding M&I expenses, the restructuring charge, SILO/LILO/ tax settlements and support agreement charges		769		0.67			771		0.67		832		0.73			766			0.67			834		0.72			315			0.27			396			0.34	(a)
Investment write-downs		9		—			114		0.10		43		0.04			—			—			96		0.08			752			0.65			214			0.19
Continuing operations excluding M&I expenses, the restructuring charge, SILO/LILO/ tax settlements, support agreement charges and investment write-downs		778					885		0.77		875		0.76			766						930		0.81	(a)		1,067			0.93	(a)		610			0.53
Intangible amortization		84		0.07			78		0.07		75		0.07			77			0.07			74		0.06			71			0.06			66			0.06
Continuing operations excluding M&I expenses, the restructuring charge, SILO/LILO/ tax settlements, support agreement charges, investment write-downs and intangible amortization	$	862	$	0.75	(a)	$	963	$	0.84	$	950	$	0.83	(a)	$	843		$	0.74		$	1,004	$	0.87		$	1,138		$	0.99		$	676		$	0.59

(a) Does not foot due to rounding.

Reconciliation of Total Revenue	2007				2008									2009
(dollar amounts in millions)	3rd Qtr		4th Qtr		1st Qtr		2nd Qtr			3rd Qtr		4th Qtr		1st Qtr
Fee and other revenue	$	2,931	$	3,047	$	2,980	$	2,982		$	2,923	$	1,816	$	2,138
Net interest revenue		669		752		767		411			703		1,070		792
Total revenue - GAAP		3,600		3,799		3,747		3,393			3,626		2,886		2,930
FTE Increment		14		16		15		15			16		16		12
SILO/LILO charge		—		—		—		377			112		—		—
Investment write-downs		9		191		73		152			162		1,241		347
Total revenue (FTE), excluding SILO/LILO charge and investment write-downs	$	3,623	$	4,006	$	3,835	$	3,937		$	3,916	$	4,143	$	3,289
Reconciliation of Total Expense	2007				2008									2009
(dollar amounts in millions)	3rd Qtr		4th Qtr		1st Qtr		2nd Qtr			3rd Qtr		4th Qtr		1st Qtr
Noninterest expense	$	2,702	$	2,749	$	2,612	$	2,748		$	3,328	$	2,870	$	2,342
Restructuring charge		—		—		—		—			—		181		10
Support agreement charges		—		3		14		(9	)		726		163		(8	)
Goodwill impairment - Mellon United National Bank		—		—		—		—			—		—		50
subtotal		2,702		2,746		2,598		2,757			2,602		2,526		2,290
M&I expenses		218		124		126		149			111		97		68
Intangible amortization		131		131		122		124			120		116		108
Total noninterest expense excluding restructuring charges, support agreement charges, goodwill impairment, M&I expenses and intangible amortization - Non-GAAP	$	2,353	$	2,491	$	2,350	$	2,484		$	2,371	$	2,313	$	2,114

Page 15 of 19

THE BANK OF NEW YORK MELLON CORPORATION

BUSINESS SEGMENTS

(dollar amounts in millions unless otherwise noted;presented on an FTE basis)	Asset Management									Wealth Management									Asset Servicing									Issuer Services
	2008			2007			2006			2008			2007			2006			2008			2007			2006			2008			2007			2006
Revenue:
Securities servicing fees
Asset servicing		124			99			72			27			16			10			3,191			2,740			2,246			23			—			—
Issuer services		—			—			—			—			—			—			1			—			—			1,684			1,660			1,091
Clearing services		14			12			9			—			—			—			—			—			29			—			—			7
Total securities servicing fees		138			111			81			27			16			10			3,192			2,740			2,275			1,707			1,660			1,098
Asset and wealth management		2,510			2,724			2,138			563			609			567			—			—			—			—			—			—
Performance fees		83			171			393			—			—			—			—			—			—			—			—			—
Foreign exchange & other trading		20			14			9			14			3			—			1,051			604			471			72			37			28
Treasury services		—			—			—			3			3			—			8			11			8			1			—			—
Distribution and service fees		371			357			278			4			1			4			10			2			—			—			1			—
Financing-related fees		13			8			—			4			8			8			14			40			54			—			—			—
Investment Income		(82	)		(10	)		19			—			—			—			—			—			—			—			—			—
Other		(178	)		(83	)		(39	)		9			(9	)		(2	)		130			170			114			71			66			37
Total fee revenue		2,875			3,292			2,879			624			631			587			4,405			3,567			2,922			1,851			1,764			1,163
Securities gains (losses)		(78	)		(9	)		—			—			—			—			(11	)		—			—			—			1			—
Total fee and other revenue		2,797			3,283			2,879			624			631			587			4,394			3,567			2,922			1,851			1,765			1,163
Net interest revenue (expense)		79			14			1			200			170			174			1,086			755			573			710			617			334
Total revenue		2,876			3,297			2,880			824			801			761			5,480			4,322			3,495			2,561			2,382			1,497
Provision for credit losses		—			—			—			—			—			—			—			—			—			—			—			—
Noninterest expenses (ex. intangible amortization, support agreement charges and merger & integration expense)		2,052			2,143			1,891			565			558			532			3,196			2,973			2,647			1,332			1,203			835
Income before taxes and extraordinary (loss) (ex. intangible amortization, support agreement charges and merger & integration expense)		824			1,154			989			259			243			229			2,284			1,349			848			1,229			1,179			662
Support agreement charges		335			—			—			15			—			—			541			3			—			—			—			—
Amortization of intangible assets		255			166			32			54			29			—			24			18			35			81			75			18
Restructuring charge		—			—			—			—			—			—			—			—			—			—			—			—
Merger & integration expense		—			—			—			—			—			—			—			—			—			—			—			—
Income before taxes, noncontrolling interest and extraordinary (loss)		234			988			957			190			214			229			1,719			1,328			813			1,148			1,104			644
Average loans	$	—		$	—		$	—		$	4,938		$	4,089		$	3,825		$	8,795		$	7,810		$	5,853		$	—		$	—		$	—
Average assets	$	13,135		$	9,413		$	3,571		$	10,044		$	8,387		$	6,444		$	59,150		$	42,818		$	35,377		$	35,169		$	26,742		$	11,083
Average deposits	$	—		$	—		$	—		$	7,554		$	6,950		$	6,040		$	52,659		$	38,034		$	31,163		$	30,515		$	22,361		$	8,871
Market value of assets under management at period-end(in billions)	$	862		$	1,044		$	934		$	66		$	77		$	77		$	—		$	—		$	—		$	—		$	—		$	—
Market value of assets under custody and administration at period-end(in billions)	$	3		$	4		$	3		$	70		$	85		$	71		$	20,086		$	22,988		$	19,906		$	—		$	—		$	—
Market value of securities on loan at period-end(in billions)	$	—		$	—		$	—		$	—		$	—		$	—		$	325		$	633		$	607		$	—		$	—		$	—
Pre-tax operating margin (GAAP)		8	%		30	%		33	%		23	%		27	%		30	%		31	%		31	%		23	%		45	%		46	%		43	%
Pre-tax operating margin(ex. intangible amortization) - non-GAAP		17	%		35	%		34	%		30	%		30	%		30	%		32	%		31	%		24	%		48	%		49	%		44	%
Pre-tax operating margin - non-GAAP(a)		30	%		35	%		34	%		31	%		30	%		30	%		42	%		31	%		24	%		48	%		49	%		44	%
MEMO:
Securities lending revenue																				789			441			290

(a) Excludes M&I expenses, the SILO/LILO/tax settlements, support agreement charges, restructuring charges, investment write-downs and intangible amortization expense.

Note: See pages 8-14 for details of revenue/expense items impacting respective sector results.

Page 16 of 19

THE BANK OF NEW YORK MELLON CORPORATION

BUSINESS SEGMENTS

(dollar amounts in millions unless otherwise noted; presented on an FTE basis)	Clearing Services									Treasury Services									Other									Consolidated Results
	2008			2007			2006			2008			2007			2006			2008			2007			2006			2008			2007			2006
Revenue:
Securities servicing fees
Asset servicing		—			—			—			6			13			—			(23	)		(2	)		1			3,348			2,866			2,329
Issuer services		—			—			—			—			—			—			—			—			—			1,685			1,660			1,091
Clearing services		1,040			955			825			—			—			—			11			205			2			1,065			1,172			872
Total securities servicing fees		1,040			955			825			6			13			—			(12	)		203			3			6,098			5,698			4,292
Asset and wealth management		41			46			37			—			—			—			21			19			5			3,135			3,398			2,747
Performance fees		—			—			—			—			—			—			—			—			—			83			171			393
Foreign exchange & other trading		108			51			42			253			167			105			(56	)		25			12			1,462			901			667
Treasury services		—			—			—			501			456			450			5			10			22			518			480			480
Distribution and service fees		—			—			—			36			14			4			—			—			(2	)		421			375			284
Financing-related fees		2			2			—			157			176			211			(2	)		1			22			188			235			295
Investment Income		—			—			—			18			12			10			279			255			605			215			257			634
Other		101			76			78			7			60			75			109			89			120			249			369			383
Total fee revenue		1,292			1,130			982			978			898			855			344			602			787			12,369			11,884			10,175
Securities gains (losses)		—			—			—			(3	)		—			—			(1,536	)		(189	)		5			(1,628	)		(197	)		5
Total fee and other revenue(a)		1,292			1,130			982			975			898			855			(1,192	)		413			792			10,741			11,687			10,180
Net interest revenue (expense)(b)		321			303			278			726			567			493			(149	)		155			144			2,973			2,581			1,997
Total revenue(c)		1,613			1,433			1,260			1,701			1,465			1,348			(1,341	)		568			936			13,714			14,268			12,177
Provision for credit losses		—			—			(4	)		—			—			5			131			(10	)		(19	)		131			(10	)		(18	)
Noninterest expenses (ex. intangible amortization and merger & integration expense)		1,104			1,023			910			811			798			804			458			816			849			9,518			9,514			8,468
Income before taxes and extraordinary (loss) (ex. intangible amortization, support agreement charges and merger & integration expense)		509			410			354			890			667			539			(1,930	)		(238	)		106			4,065			4,764			3,727
Support agreement charges		—			—			—			3			—			—			—			—			—			894			3			—
Amortization of intangible assets		26			24			21			27			14			1			15			16			13			482			342			120
Restructuring charge		—			—			—			—			—			—			181			—			—			181			—			—
Merger & integration expense		—			—			—			—			—			—			483			528			117			483			528			117
Income before taxes, noncontrolling interest and extraordinary (loss)		483			386			333			860			653			538			(2,609	)		(782	)		(24	)		2,025			3,891			3,490
Average loans	$	7,003		$	6,843		$	6,692		$	15,415		$	13,457		$	13,186		$	11,980		$	12,423		$	9,967		$	48,131		$	44,622		$	39,523
Average assets	$	16,593		$	14,378		$	16,436		$	25,603		$	20,736		$	21,404		$	50,128		$	46,443		$	51,044		$	209,823		$	168,916		$	145,358
Average deposits	$	—		$	—		$	—		$	21,470		$	17,144		$	17,088		$	14,816		$	16,323		$	17,096		$	127,015		$	100,812		$	80,258
Market value of assets under management at period-end(in billions)	$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	928		$	1,121		$	1,011
Market value of assets under custody and administration at period-end(in billions)	$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	20,159		$	23,077		$	19,980
Market value of securities on loan at period-end(in billions)	$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	325		$	633		$	607
Pre-tax operating margin(GAAP)		30	%		27	%		26	%		51	%		45	%		40	%		n/m			n/m			n/m			15	%		27	%		29	%
Pre-tax operating margin(ex. intangible amortization) - non-GAAP		32	%		29	%		28	%		52	%		46	%		40	%		n/m			n/m			n/m			18	%		30	%		30	%
Pre-tax operating margin - non-GAAP(d)		32	%		29	%		28	%		52	%		46	%		40	%		n/m			n/m			n/m			39	%		35	%		31	%

(a) Consolidated results include FTE impact of $36 million for 2006 and $40 million for both 2007 and 2008.

(b) Consolidated results include FTE impact of $38 million for 2006 and $22 million for both 2007 and 2008.

(c) Consolidated results include FTE impact of $74 million for 2006 and $62 million for both 2007 and 2008.

(d) Excludes M&I expenses, the SILO/LILO/tax settlements, support agreement charges, restructuring charges, investment write-downs and intangible amortization expense.

Note: See pages 8-14 for details of revenue/expense items impacting respective sector results.

n/m - not meaningful

Page 17 of 19

THE BANK OF NEW YORK MELLON CORPORATION

CONTINUING OPERATIONS - 9 Quarter Trend

NONPERFORMING ASSETS

(dollar amounts in millions)	2007												2008												2009
	1st Qtr			2nd Qtr			3rd Qtr			4th Qtr			1st Qtr			2nd Qtr			3rd Qtr			4th Qtr			1st Qtr
Loans:
Commercial real estate	$	1		$	1		$	—		$	40		$	49		$	106		$	118		$	124		$	190
Other residential mortgages		4			5			11			20			33			55			75			99			151
Commercial		15			16			18			39			50			52			65			60			65
Wealth Management		—			—			—			—			—			—			—			1			4
Foreign		9			6			6			87			78			60			1			—			2
Lease finance assets		1			1			—			—			—			—			—			—			—
Total nonperforming loans		30			29			35			186			210			273			259			284			412
Other assets owned		2			1			2			4			5			6			8			8			9
Total acquired property		—			—			—			—			—			—			—			—			—
Total nonperforming assets	$	32		$	30		$	37		$	190		$	215		$	279		$	267		$	292		$	421
Nonperforming assets ratio		0.1	%		0.1	%		0.1	%		0.4	%		0.4	%		0.6	%		0.5	%		0.7	%		1.0	%
Allowance for loan losses/nonperforming loans		1,140.0			1,124.1			948.6			175.8			149.5			129.3			140.9			146.1			114.1
Allowance for loan losses/nonperforming assets		1,068.8			1,086.7			897.3			172.1			146.0			126.5			136.7			142.1			111.6
Total allowance for credit losses/nonperforming assets		1,893.3			1,879.3			1,457.1			265.6			231.9			178.0			190.7			186.3			135.7
Total allowance for credit losses/nonperforming assets		1,775.0			1,816.7			1,378.4			260.0			226.5			174.2			185.0			181.2			132.8

Page 18 of 19

THE BANK OF NEW YORK MELLON CORPORATION

CONTINUING OPERATIONS - 9 Quarter Trend

ALLOWANCE FOR CREDIT LOSSES, PROVISION AND NET CHARGE-OFFS

	2007												2008												2009
(dollar amounts in millions)	1st Qtr			2nd Qtr			3rd Qtr			4th Qtr			1st Qtr			2nd Qtr			3rd Qtr			4th Qtr			1st Qtr
Allowance for credit losses:
Allowance for loan losses	$	343		$	342		$	326		$	332		$	327		$	314		$	353		$	365		$	415
Allowance for lending-related commitments		234			226			219			178			167			173			133			129			114
Allowance at beginning of period		577			568			545			510			494			487			486			494			529
Net (charge-offs)/recoveries
Charge-offs		(5	)		—			(37	)		(37	)		(14	)		(15	)		(27	)		(27	)		(51	)
Recoveries		8			5			2			1			1			2			5			2			1
Total Net (charge-offs)/recoveries		3			5			(35	)		(36	)		(13	)		(13	)		(22	)		(25	)		(50	)
Provision for credit losses		(12	)		(18	)		—			20			16			25			30			60			80
Impact of Merger		—			(10	)		—			—			—			—			—			—			—
Transfer to Discontinued Operations		—			—			—			—			—			—			—			—			—
Sale of Mellon 1st Business Bank		—			—			—			—			—			(13	)		—			—			—
SFAS 159 Adoption		—			—			—			—			(10	)		—			—			—			—
Allowance at end of period		568			545			510			494			487			486			494			529			559
Allowance for loan losses	$	342		$	326		$	332		$	327		$	314		$	353		$	365		$	415		$	470
Allowance for lending related-commitments		226			219			178			167			173			133			129			114			89
Allowance at end of period		568			545			510			494			487			486			494			529			559
Allowance for loan losses as a percentage of total loans(a)		0.77	%		0.72	%		0.65	%		0.64	%		0.60	%		0.70	%		0.62	%		0.96	%		1.13	%

(a) Excluding purchase accounting adjustments.

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