DUBLIN, 20 September, 2007 — State Street Corporation (NYSE: STT), the world's leading provider of financial services to institutional investors, announced today that it has been appointedto provide a range of investment services for the Abu Dhabi Investment Company (ADIC), a government-owned investment company based in the United Arab Emirates.

State Street will provide custody, administration and transfer agency services from its operations in Ireland for ADIC’s newly launched offshore funds. Offshore funds account for more than $2.7 trillion in assets domiciled in Ireland, Luxembourg and Jersey and the industry has grown at a compound annual growth rate of 29 percent over the last three years.

“In seeking a service provider, we found that State Street had a superior breadth of services, which was essential for our diverse portfolio,” said Aftab Hussain, head of product development for ADIC. “We are pleased to have found a provider who could service the wide range of needs for our new offshore funds.”

State Street is the leading fund administrator in Ireland and in May, was awarded the KPMG Funds Administration Excellence Award for the second successive year. Together, State Street and its hedge fund administration company, International Fund Services (IFS), have more than 2,000 employees throughout locations in Dublin, Kilkenny, Naas and Drogheda. Further expanding is footprint in Ireland, in July State Street announced that it completed its acquisition of Investors Financial Services Corporation.

“Offshore funds continue to be a key product segment for our customers, and we are delighted that State Street continues to emerge as the premier provider for these complex structures,” said Gavin Nangle, vice president of State Street’s investor services business in Ireland. “We look forward to building this new partnership with ADIC and to supporting its growth.”

Established in 1977, ADIC was the first investment company in the United Arab Emirates capital. It is a public limited company that specializes in asset management, private equity, real estate and investment and corporate finance, in addition to advisory services. ADIC is jointly owned by Abu Dhabi Investment Council and the National Bank of Abu Dhabi.

State Street Corporation (NYSE: STT) is the world's leading provider of financial services to institutional investors, including investment servicing, investment management, and investment research and trading. With US$13.0 trillion in assets under custody and $1.9 trillion in assets under management at June 30, 2007, State Street operates in 26 countries and more than 100 geographic markets worldwide. For more information, visit State Street’s website at www.statestreet.com.