Mellon Treasury Services Schedules Free Cyberconference on New Liquidity Management Service PITTSBURGH, Nov. 10 /PRNewswire-FirstCall/ -- "A New Online Solution to Short-Term Investing," a free cyberconference presented by Mellon Treasury Services to outline its new Liquidity Management Service (LMS), will take place on Wednesday, November 12 from 1 p.m. to 2:15 p.m. Registration for the event, which will explore the benefits of the solution, can be done online at http://www.mellon.com/insight03 or by calling 1 800 424-3004. LMS is a comprehensive, Web-based investment tool that enables clients to purchase money market funds and securities online, in addition to providing extensive investment and performance reporting capabilities. LMS, expected to be available for commercial introduction by the end of 2003, is offered by Mellon Financial Markets, LLC (MFM), Mellon's full-service broker-dealer, and is accessed through Mellon Global Cash Management (GCM), Mellon's treasury management business. LMS is available through iTelecash(SM), Mellon GCM's online information reporting and transaction initiation service, and the investment transactions are provided by MFM. Other upcoming cyberconferences hosted by Mellon GCM include: - "ARC - Lessons Learned" on Wednesday, November 19 from 1 p.m. to 2:15 p.m. Participants will discuss the benefits of Accounts Receivable Check Conversion, which converts checks into ACH debits in a lockbox environment. Earlier this year, Mellon GCM completed its successful ARC pilot and has since rolled out this solution to other locations in its nationwide retail lockbox system. - "Expanding Your Card Program to Include Travel and Entertainment" on Wednesday, December 10 from 1 p.m. to 2:15 p.m. Discussion will center on the benefits of a single card with both purchasing and travel capabilities, as well as the rewards of migrating to a one-card provider with the ability to provide electronic reporting. Mellon Global Cash Management, a payments industry leader synonymous with quality performance and known for its innovation and expertise, designs comprehensive solutions through its broad line of cash management services to meet the specialized treasury needs of corporations, nonprofit organizations and financial institutions. In the most recent Phoenix-Hecht(R) Quality Index of 32 major cash management providers, Mellon GCM achieved its highest-ever customer satisfaction ratings. In addition, Mellon GCM is the only electronic payments services provider in the U.S. to achieve both Level 3 Capability Maturity Model(R) (CMM(R)) certification for its software engineering practices and ISO 9001:2000 registration. More information on Mellon GCM is available at http://www.mellon.com/gcm . Mellon Financial Markets LLC is a registered broker-dealer providing investment securities and financial services to customers of Mellon Financial Corporation and other institutional and high net worth individual clients. More information on MFM is available at http://www.mellon.com/financialmarkets/ . 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 institutional asset management, mutual funds, private wealth management, asset servicing, human resources and investor solutions, and treasury services. Mellon has approximately $3.2 trillion in assets under management, administration or custody, including $625 billion under management. Its asset management companies include The Dreyfus Corporation and U.K.-based Newton Investment Management Limited. News and other information about Mellon is available at http://www.mellon.com/ . DATASOURCE: Mellon Financial Corporation CONTACT: Ron Gruendl, Corporate Affairs of Mellon Financial Corporation, +1-412-234-7157, or Web site: http://www.mellon.com/ http://www.mellon.com/insight03 http://www.mellon.com/gcm http://www.mellon.com/financialmarkets

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