Headquartered in Boston, Massachusetts, Standish Mellon Asset Management Company LLC (“Standish”) is a dedicated fixed income manager with nearly $63 billion in assets under management as of December 31, 2009*. Standish traces its roots back to 1933, when its predecessor firm, Standish, Ayer & Wood, Inc., began managing fixed income portfolios for US financial institutions, banks and insurance companies. Standish currently offers a wide range of credit-based and specialty bond strategies, including structured product workout solutions, for US and global pension funds, sovereign wealth funds, endowments, foundations, insurance companies, and other institutions. As a wholly-owned subsidiary of The Bank of New York Mellon Corporation (“BNY Mellon”), Standish enjoys the support and backing of a well-capitalized parent company with a strong balance sheet. Standish emphasizes fundamental research and quantitative models in attempt to outperform agreed-upon client benchmarks. This combination permits highly customized client solutions and also requires both strong risk controls and a high level of dedicated client service.

*Assets under management (AUM) as of Decemeber 31, 2009. The Firm is defined as Standish Mellon Asset Management Company LLC ("Standish"), a registered investment advisor and wholly owned subsidiary of The Bank of New York Mellon Corporation. The Global Workout Solutions Group within Standish has contracted a comulative total of $29 billion (based on net asset values at take-on) in discretionary and non-discretionary business since May 2008. The Firm also includes assets managed by Standish personnel acting as dual officers of The Dreyfus Corporation and the Bank of New York Mellon, which are other subsidiaries of The Bank of New York Mellon Corporation.