Press Release

CIBC Mellon appointed asset servicing provider by The Halifax Herald Limited

Toronto, Feb. 12, 2008  -  Today, CIBC Mellon Global Securities Services Company announced its appointment by The Halifax Herald Limited, one of Canada's oldest and largest independent newspapers, to act as asset servicing provider for the company’s pension fund.

“The Halifax Herald Limited is an independent family-owned company committed to Nova Scotia’s progress, development and service of its people.  In CIBC Mellon, we found a partner who aligns with our philosophy of providing excellent service to clients with in-depth knowledge and experience,” said Mary Lou Croft, executive vice president of The Halifax Herald.  “CIBC Mellon’s superior technology, expertise and commitment to client service will help us deliver on our promise to the people of Nova Scotia.”

“We are pleased to be the service provider of choice for The Halifax Herald’s pension plan, providing global asset servicing and benefit payments,” said Thomas C. MacMillan, president and chief executive officer, CIBC Mellon.  “We look forward to supporting The Halifax Herald by leveraging our broad product capability, strength in technology and industry expertise.”

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. CIBC Mellon Global Securities Services Company is a sister company to CIBC Mellon Trust Company.
 

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