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. 1 - dated July 06, 2007 (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) ================================================================= 0640P1MW0 $4,604,000 100% 2.00% 98.00% ----------------------------------------------------------------- ================================================================= Interest Interest Stated Rate Per Payment Maturity Survivor's Annum Frequency Date Option ================================================================= 6.10% Semiannual 07/15/2022 Yes ----------------------------------------------------------------- Senior Subordinated Medium-Term Notes, Series I Interest Payment Dates: The 15th day of January and July of each year commencing 01/15/2008. Redemption Information: Redeemable at the option of The Bank of New York Mellon Corporation on 07/15/2010 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) ================================================================= 0640P1MX8 $4,509,000 100% 2.50% 97.50% ----------------------------------------------------------------- ================================================================= Interest Interest Stated Rate Per Payment Maturity Survivor's Annum Frequency Date Option ================================================================= 6.15% Semiannual 07/15/2032 Yes ----------------------------------------------------------------- Senior Subordinated Medium-Term Notes, Series I Interest Payment Dates: The 15th day of January and July of each year commencing 01/15/2008. Redemption Information: Redeemable at the option of The Bank of New York Mellon Corporation on 07/15/2012 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: 07/06/2007 Issue Date: 07/11/2007 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 ===============================================================================