| London, 28 March , 2007– State Street Corporation (NYSE:STT), the world’s leading provider of services to institutional investors, today announced principal sponsorship of Trailwalker UK 2007 for the second consecutive year. Trailwalker is a 100-kilometre endurance event across the South Downs of England, run by Oxfam and the Queens Gurkha Signals to raise funds for Oxfam and the Gurkha Welfare Trust (GWT). This year’s event takes place on 14-15 July.
State Street encourages interested participants to submit their applications as soon as possible. Applications must reach Oxfam by April 5 and entrants can register online at www.oxfam.org.uk/trailwalker or call 0870 905 9060.
State Street is a long-time supporter of Oxfam Trailwalker and is in its ninth year of sponsorship of Oxfam Trailwalker Hong Kong. The company also serves as the principal sponsor of Oxfam Trailwalker events in Tokyo, Sydney and Melbourne.
- More than 2,000 participants, including State Street employees and customers, are anticipated for this year’s Trailwalker UK. Proceeds from the event will directly benefit Oxfam Great Britain and the GWT. Oxfam works to end poverty and suffering in the UK and around the world while the GWT provides financial, medical and community aid to alleviate hardship among Gurkha communities in Nepal.
"At State Street, we are deeply rooted in the local communities in which we live and work," said Peter O’Neill, executive vice president for State Street in the UK. “We support Oxfam’s work in bringing relief to the underprivileged both here in the UK and globally.”
Gareth Simpson, Head of Events for Oxfam, commented: “This is the second year that State Street is sponsoring our Trailwalker event, which is our biggest sporting fundraiser of the calendar. State Street has been a consistent champion of our work and it is an association we hope will continue for many years to come.”
State Street’s worldwide charitable efforts extend beyond sponsorship of Trailwalker events through the State Street Foundation, the corporation’s charitable arm. In 2006, the Foundation allocated more than US$11.4 million in contributions through its Global philanthropy Program, including 24 grants totaling US$446,000 in the UK.
About Oxfam
Oxfam is a development, relief and campaigning organisation dedicated to finding lasting solutions to poverty and suffering around the world. For more information, visit Oxfam’s web site at www.oxfam.org.uk.
About the Gurkha Welfare Trust (GWT)
The GWT's remit is to provide financial, medical and community aid to alleviate hardship and distress among Gurkha ex-servcemen of the British Crown and their dependants after they have returned to their homeland of Nepal.
About State Street Corporation
State Street Corporation (NYSE: STT) is the world's leading specialist in providing institutional investors with investment servicing, investment management and investment research and trading services. With $11.9 trillion in assets under custody and $1.7 trillion in assets under management at December 31, 2006, State Street operates in 26 countries and more than 100 geographic markets worldwide. For more information, visit State Street’s web site at www.statestreet.com.
|