Press Release

The Bank of New York to Host Seminar on its Investor Services Businesses

NEW YORK, July 11, 2006 -- The Bank of New York Company, Inc. announced today that it will hold an investor seminar focused on its investor services businesses on Wednesday, July 26, 2006, beginning at 2:00 p.m. EDT. Company President Gerald L. Hassell will host the seminar, which will include presentations by Timothy F. Keaney, senior executive vice president and head of global investor services; Patrick E. Curtin, executive vice president of U.S. investor services; Thomas V. Ford, executive vice president of securities lending; and Richard F. Mahoney, executive vice president of global markets. The seminar will include information about the Company, its businesses and future outlook.

The presentation will be accessible on a listen-only basis from the Company’s website at www.bankofny.com/presentations and by telephone at 888-790-7039 within the United States or 210-795-4915 internationally. The passcode is “The Bank of New York.” It is recommended that interested parties check the website at least 15 minutes beforehand to register and confirm software compatibility. A recorded replay of the presentation will also be available following the presentation on the Company’s website at www.bankofny.com/presentations and by telephone at 866-415-8410 within the United States or 203-369-0703 internationally.

The Bank of New York Company, Inc. (NYSE: BK) is a global leader in providing a comprehensive array of services that enable institutions and individuals to move and manage their financial assets in more than 100 markets worldwide. The Company has a long tradition of collaborating with clients to deliver innovative solutions through its core competencies: securities servicing, treasury management, asset management, and private banking. The Company’s extensive global client base includes a broad range of leading financial institutions, corporations, government entities, endowments and foundations. Its principal subsidiary, The Bank of New York, founded in 1784, is the oldest bank in the United States and has consistently played a prominent role in the evolution of financial markets worldwide. Additional information is available at www.bankofny.com.

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