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Fubon Launches Taiwan's First Technology ETF TAIPEI, Taiwan, Sept. 12 /PRNewswire-FirstCall/ -- The Bank of New York Company, Inc., a global leader in securities servicing, has provided customized consulting services to Fubon Asset Management of Taiwan as part of Fubon's successful launch of Taiwan's first technology ETF. The fund has been authorized by Taiwan's Financial Supervisory Committee. Kenneth A. Lopian, senior executive vice president and head of The Bank of New York's Asia-Pacific Division, said, "The Bank of New York's experience in servicing ETFs fully complemented Fubon's ability to successfully launch Taiwan's first technology ETF. Our expanding relationship with the Fubon Group of companies highlights our ability to deliver securities services that meet our clients' growing and sophisticated global needs." Victor Kung, president of Fubon Asset Management, said, "The Bank of New York has been providing consulting advice to Fubon since last year. The Bank of New York's experience in the world largest technology ETF (NASDAQ:QQQQ) has provided Fubon with the best consulting expertise in the market. With its successful and comprehensive servicing capabilities in the world ETF markets, the collaboration of The Bank of New York and Fubon is deemed to greatly help Taiwan's ETF market movement in the future." Fubon Asset Management Co. is Taiwan's second largest securities investment enterprise. Assets under management as of March 31, 2006 amounted to TWD130 billion (USD4 billion) and accounts for more than 7% of the Taiwanese mutual funds market. The Bank of New York delivers a comprehensive and flexible range of services to a wide range of fund structures around the world, including mutual funds, exchange-traded funds, hedge funds and unit investment trusts. The Bank of New York has been conducting business in the Asia-Pacific region for over 50 years. The Company has 18 offices in 12 countries in the region, including full-service branches in Shanghai, Tokyo, Hong Kong, Singapore, Seoul, and Taipei, and employs over 1,500 staff. 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 http://www.bankofny.com/. DATASOURCE: The Bank of New York Company, Inc. CONTACT: Kevin Heine, +1-212-635-1569 Web site: http://www.bankofny.com/

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