POWER OF ATTORNEY


        KNOW ALL MEN BY THESE PRESENTS that the undersigned,
James P. Palermo does hereby constitute and appoint
Arlie R. Nogay, Richard M. Pearlman and Bart R. Schwartz and
each of them his true and lawful attorneys-in-fact for and in
his name, place and stead to:
        1.  Sign and file with the Securities and Exchange
Commission, the New York Stock Exchange, Inc. and The Bank of
New York Mellon Corporation pursuant to Section 16(a) of the
Securities Exchange Act of 1934 such statements regarding the
undersigned's beneficial ownership of securities of The Bank
of New York Mellon Corporation as required by law; and
        2.  Sign and file with the Securities and Exchange
Commission, the New York Stock Exchange, Inc. and The Bank of
New York Mellon Corporation one or more Notices of Proposed Sale
of Securities on Form 144 relating to the sale of shares of stock
of The Bank of New York Mellon Corporation owned by the
undersigned.
        Said attorneys-in-fact and each of them shall have full
power and authority to do and perform each and every act necessary
to be done in connection with any of the above as fully as the
undersigned might or could do in person, the undersigned hereby
ratifying and confirming all that said attorneys-in-fact and each
of them may lawfully do or cause to be done by virtue hereof.
This Power of Attorney shall expire on July 1, 2012.
        IN WITNESS WHEREOF, the undersigned has executed this Power of
Attorney as of this 1st day of July, 2007.


                                          /s/ James P. Palermo
                                      ----------------------------
                                            James P. Palermo