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The Bank of New York Mellon Appointed as Depositary Bank by MPX Energia S.A.

Posted on: Monday, 18 May 2009, 07:35 CDT

NEW YORK, May 18 /PRNewswire-FirstCall/ -- The Bank of New York Mellon (NYSE: BK), the global leader in asset management and securities servicing, has been selected by MPX Energia S.A. ("MPX") as depositary bank for its global depositary receipt (GDR) program. Each MPX ordinary share represents five GDRs. The GDRs trade on the over-the-counter market under the symbol "MPXEY." The ordinary shares are listed on the Sao Paulo Stock Exchange (BOVESPA) under the symbol "MPXE3."

MPX Energia S.A., an EBX Group company based in Brazil, focuses on the energy sector, with a diversified generation portfolio, maintaining activities in fuel supply, generation and commercialization of energy. MPX operates in such countries as Brazil, Colombia and Chile.

"We have selected The Bank of New York Mellon as depositary for its commitment to the Brazilian market and its recognized leadership and expertise," said Mr. Eduardo Karrer, MPX's CEO. "We are confident The Bank of New York Mellon has the resources to help us effectively service our investors and help generate demand for our depositary receipts."

"As the leading depositary bank, we look forward to supporting another member of the EBX family to increase its international profile in the years ahead," said Michael Cole-Fontayn, chief executive officer of The Bank of New York Mellon's Depositary Receipt Division. "The Bank of New York Mellon is proud to be the depositary bank for the EBX Group companies and will assist MPX in gaining greater name recognition in the international investment community."

The Bank of New York Mellon acts as depositary for more than 2,100 American and global depositary receipt programs, acting in partnership with leading companies from 67 countries. With an unrivalled commitment to helping securities issuers succeed in the world's rapidly evolving financial markets, the Company delivers the industry's most comprehensive suite of integrated depositary receipt, corporate trust and stock transfer services. Additional information is available at www.bnymellon.com/dr.

The Bank of New York Mellon Corporation is a global financial services company focused on helping clients manage and service their financial assets, operating in 34 countries and serving more than 100 markets. The company is a leading provider of financial services for institutions, corporations and high-net-worth individuals, providing superior asset management and wealth management, asset servicing, issuer services, clearing services and treasury services through a worldwide client-focused team. It has $19.5 trillion in assets under custody and administration, $881 billion in assets under management, services more than $11 trillion in outstanding debt, and processes global payments averaging $1.8 trillion per day. Additional information is available at www.bnymellon.com.

This release is for informational purposes only. The Bank of New York Mellon provides no advice nor recommendation or endorsement with respect to any company or securities. Nothing herein shall be deemed to constitute an offer to sell or a solicitation of an offer to buy securities. Depositary Receipts: Not FDIC, State or Federal Agency Insured; May Lose Value; No Bank, State or Federal Agency Guarantee.

SOURCE The Bank of New York Mellon Corporation

Source: PR Newswire

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