MEL Mellon Finl Corp

BOSTON, June 18 /PRNewswire-FirstCall/ -- Mellon Financial Corporation (NYSE:MEL) announced that its Asset Servicing group has extended its 16-year relationship with the State of Wisconsin Investment Board (SWIB) to provide global custody, accounting, performance and analytics, securities lending, and foreign exchange for $89 billion in trust funds for the Wisconsin Retirement System (WRS) as well as an additional $6 billion in the state investment fund assets. The WRS provides retirement benefits for more than 533,000 current and former employees of state agencies, the university system, school districts and most local governments. It is the ninth largest US public pension plan and the 24th largest pension fund in the world. "Mellon Financial has provided us with top-notch service for 16 years," said Gail Hanson, interim executive director of SWIB. "During that period, Mellon has continued to develop products, technology and customer service to meet our evolving needs." "We are extremely pleased that the State of Wisconsin appreciates the support we have provided for its retirement system," said James P. Palermo, Mellon vice chairman and head of asset servicing. "We continue to build and enhance our technology so we can provide the State of Wisconsin with the resources required to pursue a wide range of investment strategies now and in the future." Mellon's Asset Servicing group provides solution-oriented service and tools to support the entire investment process for public and private pension funds, investment managers, endowments and foundations, mutual funds, insurance and other financial institutions. The Asset Servicing group is comprised of Eagle Investment Systems, DPM Mellon, Mellon Analytical Solutions, and its joint venture partnerships -- ABN AMRO Mellon and CIBC Mellon. Mellon Financial Corporation is a global financial services company. Headquartered in Pittsburgh, Mellon is one of the world's leading providers of financial services for institutions, corporations and high net worth individuals, providing asset management, wealth management, asset servicing, issuer services and treasury services. Mellon has approximately $5.8 trillion in assets under management, administration or custody, including $1.034 trillion under management. News and other information about Mellon is available at http://www.mellon.com/ . DATASOURCE: Mellon Financial Corporation CONTACT: Mike Dunn of Mellon Financial Corporation, +1-212-922-7859, Web site: http://www.mellon.com/

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