Press Release

CIBC Mellon awarded pooled fund outsourcing mandate by McLean & Partners Wealth Management Ltd.

Toronto, November 5, 2007 - Today, CIBC Mellon Global Securities Services Company announced its appointment by McLean & Partners Wealth Management Ltd. to act as the company’s asset servicing provider for three new private global pooled funds, which were recently launched in Canada.

“The creation of our private investment pools is an integral step in serving the needs of the high net worth, private client market. The launch of our pooled funds allows our research team a much broader opportunity set of international stocks and a multi-currency capability, coupled with a simplified investment experience for the client,” said Brent McLean, president and chief executive officer, McLean & Partners. “With our new products, it was important for us to work with a partner who shares our emphasis on client service and has global scale, size and reach.”

“We are pleased to be McLean & Partners' service provider of choice, providing global custody, fund accounting, unitholder recordkeeping, securities lending and foreign exchange capabilities for their global pooled funds,” said Thomas C. MacMillan, president and chief executive officer, CIBC Mellon.  “We look forward to helping McLean & Partners and their clients achieve their goals with our award-winning technology, Workbench, and our people’s expertise and commitment to client service excellence.”

CIBC Mellon is 50-50 jointly owned by Canadian Imperial Bank of Commerce and The Bank of New York Mellon Corporation.  CIBC Mellon Global Securities Services Company is a leading provider of financial services for institutions and corporations, providing superior asset servicing, multicurrency accounting, information delivery, securities lending and foreign exchange services in Canada. CIBC Mellon is part of BNY Mellon Asset Servicing, which has more than US$ 20 trillion in assets under custody and administration.    

-30-

Contact:  Cheryl Ficker, director, corporate affairs, CIBC Mellon, 416-643-6368