MEL Mellon Finl Corp

BOSTON, June 20 /PRNewswire-FirstCall/ -- Mellon Financial Corporation (NYSE:MEL) announced that its Asset Servicing group has been selected by Barnard College, Dickinson College and The University of Tulsa to provide global custody, performance and analytics for their endowments funds. Combined, the endowment assets are approximately $565 million. "We continue to build on our market-leading position as a custodian for university endowments," said Vince Sands, executive vice president of Mellon Financial and president of Mellon's U.S. Trust Services. "Our commitment to technology and client service is enabling us to provide the types of leading- edge services these clients require." Currently, Mellon provides custody and related services for 55 percent of the nation's 20 largest endowments and for 36 percent of the top 50 endowments. Mellon's Asset Servicing group provides solution-oriented service and tools to support the entire investment process for endowments and foundations, investment managers, public and private pension funds, 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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