The Bank of New York to Host Seminar on Its Clearing Businesses

The Bank of New York Company, Inc. announced today thatit will hold an investor seminar on its clearing businesses onTuesday, November 1, 2005 from 8:30 a.m. to approximately 10:30 a.m.EDT. Company President Gerald L. Hassell will host the seminar, whichwill include presentations by Richard F. Brueckner, chief executiveofficer of Pershing LLC; Brian T. Shea, chief operating officer ofPershing LLC; and Arthur Certosimo, executive vice president ofbroker-dealer services. The seminar will include information about theCompany, its businesses and future outlook.

The presentation will be accessible on a listen-only basis fromthe Company's website at www.bankofny.com/presentations and bytelephone at (888) 677-2456 within the United States or (517) 623-4161internationally. The passcode is "The Bank of New York." It isrecommended that interested parties check the website at least 15minutes beforehand to register and confirm software compatibility. Arecorded replay of the presentation will also be available followingthe presentation on the Company's website atwww.bankofny.com/presentations and by telephone at (800) 759-3449within the United States or (203) 369-3657 internationally.

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.