NEW YORK, Dec. 5 /PRNewswire-FirstCall/ -- The Bank of New York Mellon (NYSE:BK), the global leader in asset management and securities servicing, has been selected by JBS S.A. ("JBS") as the depositary bank for its American depositary receipt (ADR) program. Each JBS ADR represents two common shares. The ADRs trade on the over-the-counter market under the symbol "JBSAY." The common shares are listed on the Sao Paulo Stock Exchange (BOVESPA) under the symbol "JBSS3." Brazil-based JBS is a multinational company producing beef and specialized beef products from a global production platform. JBS' product line includes specialized canned meats such as corned beef, case ready and portioned beef cuts for the retail and food service sectors, as well as other products associated with the beef sector. JBS owns and operates slaughterhouses in North and South America, Europe and Australia. Their brands include Friboi, Maturatta, Organic Beef, Swift, Swift Premium, Hereford, Montana, Cabana Las Lilas, Anglo, La Herencia, Inalca, King Island Beef, Tasman Meats and AMH. "As we bring our ADR program to the U.S. financial markets, we are pleased to have the support of The Bank of New York Mellon," said Jerry O' Callaghan, investor relations director of JBS. "We believe the bank's expertise and resources will serve us well in our efforts to elevate our profile among U.S. investors." "By establishing an ADR program as 2008 nears a close, JBS is opening up opportunities for 2009," said Michael Cole-Fontayn, chief executive officer of The Bank of New York Mellon's Depositary Receipt Division. "We will work closely with JBS to facilitate sustained visibility in the U.S. market, developing strategic market outreach initiatives aligned with the company's goals." The Bank of New York Mellon acts as depositary for more than 1,300 sponsored American and global depositary receipt programs, acting in partnership with leading companies from 64 countries. With an unrivaled commitment to helping securities issuers succeed in the world's rapidly evolving financial markets, the Company delivers the industry's most comprehensive suite of integrated depositary receipt, corporate trust and stock transfer services. Additional information is available at http://www.bnymellon.com/dr. The Bank of New York Mellon Corporation is a global financial services company focused on helping clients manage and service their financial assets, operating in 34 countries and serving more than 100 markets. The company is a leading provider of financial services for institutions, corporations and high-net-worth individuals, providing superior asset management and wealth management, asset servicing, issuer services, clearing services and treasury services through a worldwide client-focused team. It has $22.4 trillion in assets under custody and administration, approximately $1.1 trillion in assets under management and services approximately $12 trillion in outstanding debt. Additional information is available at http://www.bnymellon.com/. This release is for informational purposes only. The Bank of New York Mellon provides no advice nor recommendation or endorsement with respect to any company or securities. Nothing herein shall be deemed to constitute an offer to sell or a solicitation of an offer to buy securities. Depositary Receipts: Not FDIC, State or Federal Agency Insured; May Lose Value; No Bank, State or Federal Agency Guarantee. DATASOURCE: The Bank of New York Mellon Corporation CONTACT: Dori Flanagan, +1-212-815-2291, , or Joe Ailinger, +1-617-722-7571, , both of The Bank of New York Mellon Corporation Web Site: http://www.bnymellon.com/

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