424B2 1 retail050508.txt RETAIL050508P Filed under Rule 424 (b)(2) Registration Statement File Numbers 333-144261, 333-144261-01, 333-144261-02, 333-144261-03, 333-144261-04, 333-144261-05, 333-144261-06 and 333-144261-07 Pricing Supplement No. 45 Subject to Completion - dated May 5th, 2008 (To prospectus dated July 2, 2007 and prospectus supplement dated July 2, 2007) The Bank of New York Mellon Corporation [LOGO] The Bank of New York Mellon Corporation $1,000,000,000 The Bank of New York Mellon Corporation CoreNotes(Registered Service Mark) ================================================================= Aggregate Purchasing Proceeds CUSIP Principal Price to Agent's Before Number Amount Public(1) Discount(1) Expenses(1) ================================================================= 0640P1RN5 TBD 100% 2.00% 98.00% ----------------------------------------------------------------- ================================================================= Interest Interest Stated Rate Per Payment Maturity Survivor's Annum Frequency Date Option ================================================================= 5.650% Semi-Annual 5/15/2023 Yes ----------------------------------------------------------------- Senior Subordinated Medium-Term Notes Series I Interest Payment Dates: The 15th day of November and May of each year commencing 11/15/2008. Redemption Information: Redeemable at the option of The Bank of New York Mellon Corporation on 05/15/2011 and each Interest Payment Date thereafter, at a price equal to 100% on 30 calendar days notice. ================================================================= Aggregate Purchasing Proceeds CUSIP Principal Price to Agent's Before Number Amount Public(1) Discount(1) Expenses(1) ================================================================= 0640P1RP0 TBD 100% 2.50% 97.50% ----------------------------------------------------------------- ================================================================= Interest Interest Stated Rate Per Payment Maturity Survivor's Annum Frequency Date Option ================================================================= 5.850% Semi-Annual 5/16/2033 Yes ----------------------------------------------------------------- Senior Subordinated Medium-Term Notes Series I Interest Payment Dates: The 15th day of November and May of each year commencing 11/15/2008. Redemption Information: Redeemable at the option of The Bank of New York Mellon Corporation on 05/15/2013 and each Interest Payment Date thereafter, at a price equal to 100% on 30 calendar days notice. ----------------------------------------------------------------- The Bank of New York Mellon Corporation One Wall Street New York, New York 10286 Trade Date: 05/09/2008 Issue Date: 05/14/2008 Minimum Denominations/Increments: $1,000/$1,000 Original Issue Discount: No All trades settle without accrued interest and clear SDFS: DTC Book-Entry only Merrill Lynch DTC Participant Number: 161 The defeasance and covenant defeasance provisions of the Senior Indenture and the Senior Subordinated Indenture described under "Description of Senior Debt Securities and Senior Subordinated Debt Securities-Debt Securities Issued by the Company under the BNY Senior Indenture or the BNY Senior Subordinated Indenture-Legal Defeasance and Covenant Defeasance" in the Prospectus will apply to the Senior and Senior Subordinated Notes respectively. (1) Expressed as a percentage of the aggregate principal amount "CoreNotes(Registered Service Mark)" is a registered service mark of Merrill Lynch & Co., Inc. Merrill Lynch & Co. Purchasing Agent Acting as Principal ===============================================================================