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State Street Corporation Announces Increase to Quarterly Dividend

BOSTON, Jun 19, 2008 (BUSINESS WIRE) — State Street Corporation today increased
its quarterly dividend $0.01 per share, to $.24 per share, payable July 15, 2008,
to stockholders of record as of the close of business on July 1, 2008. Following
today’s action, the quarterly dividend rate is 9% higher than a year ago.

State Street Corporation (STT) is the world’s leading provider of financial
services to institutional investors including investment servicing, investment
management and investment research and trading. With $15 trillion in assets under
custody and $2 trillion in assets under management at March 31, 2008, State
Street operates in 26 countries and more than 100 geographic markets worldwide
and employs 27,875 worldwide. For more information, visit State Street’s web site
at http://www.statestreet.com or call 877/639-7788 (NEWS STT) toll-free in the
United States and Canada, or +1 678/999-4577 outside those countries.

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