The Bank of New York Receives First Place in Its Category in Fortune's ''Most Admired'' Ranking

Each year, Fortune surveys 10,000 executives, directors andanalysts to compile the list. The Bank of New York was voted bestoverall in its category, with top scores across seven key attributesincluding innovation, service quality and financial soundness. Thecomplete results are available at www.Fortune.com and will bepublished in the March 6 issue of the magazine.

The Bank of New York Company, Inc. (NYSE: BK) is a global leaderin providing a comprehensive array of services that enableinstitutions and individuals to move and manage their financial assetsin more than 100 markets worldwide. The Company has a long traditionof collaborating with clients to deliver innovative solutions throughits core competencies: securities servicing, treasury management,investment management, and individual & regional banking services. TheCompany's extensive global client base includes a broad range ofleading financial institutions, corporations, government entities,endowments and foundations. Its principal subsidiary, The Bank of NewYork, founded in 1784, is the oldest bank in the United States and hasconsistently played a prominent role in the evolution of financialmarkets worldwide. Additional information is available atwww.bankofny.com.