The Bank of New York Appointed as Trustee by Banco Industrial, S.A. Guatemala for First Diversified Payment Rights Transaction

Luis Prado, international division manager at Banco IndustrialS.A., said, "We appointed The Bank of New York as trustee because oftheir vast experience and in-depth knowledge of this type oftransaction, as well as their long-standing position as one of ourcorrespondent banks."

Karen Peetz, executive vice president and head of The Bank of NewYork's Corporate Trust Division, said, "Our global structured financeteam has a high level of diversified payment rights and future-flowexpertise, which enabled us to successfully guide Banco Industrial andGuatemala through this debut transaction. We are highly proficient inservicing transactions of this nature, given the depth of ourexperience with clients in Latin America and around the world."

According to the company's offering statement, Banco Industrialwas founded in 1968 and is the largest bank in Guatemala, having amarket share of 20% in terms of assets, loans, equity, foreignexchange operations and deposits. It consolidates an offshore bank, afinance company and a credit card issuer, and is the only bank inGuatemala to be rated by Standard & Poor's (BB-LT local currency),Moody's (Baa2 LT local currency) and Fitch Ratings (BB-LT localcurrency).

The Bank of New York is a leading provider of corporate trust andagency services. The Bank and its subsidiaries and affiliatesadminister a portfolio of more than 90,000 trustee and agencyappointments, representing $3 trillion in outstanding securities formore than 30,000 clients around the world. The Bank is a recognizedleader for trust services in several debt products, includingcorporate and municipal debt, mortgage-backed and asset-backedsecurities, derivative securities services and international debtofferings.

The Bank of New York has been conducting business in Latin Americafor over 100 years. The Company has representative offices inArgentina, Mexico and Brazil, and offers a full range of securitiesservicing, global payments, asset management and trade financeproducts. The Bank is committed to Latin America and to growing itsbusiness as the capital markets develop in the region.

The Bank of New York Company, Inc. (NYSE: BK) is a global leaderin providing a comprehensive array of services that enableinstitutions and individuals to move and manage their financial assetsin more than 100 markets worldwide. The Company has a long traditionof collaborating with clients to deliver innovative solutions throughits core competencies: securities servicing, treasury management,investment management, and individual & regional banking services. TheCompany's extensive global client base includes a broad range ofleading financial institutions, corporations, government entities,endowments and foundations. Its principal subsidiary, The Bank of NewYork, founded in 1784, is the oldest bank in the United States and hasconsistently played a prominent role in the evolution of financialmarkets worldwide. Additional information is available atwww.bankofny.com.

This announcement is not an offer to sell or a solicitation of anoffer to buy any securities. The offering is made only by means of theprospectus.