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DTCC Names Jisun Burton Vice President of Product Risk Strategy

New York, August 5, 2008 - The Depository Trust & Clearing Corporation (DTCC) has announced today the appointment of Jisun Burton to vice president of Product Risk and Strategy. In her new role, she will be responsible for the risk activities of DTCC Deriv/SERV LLC, DTCC’s subsidiary supporting the fast-growing global over-the-counter (OTC) derivatives market.

Burton will be responsible for managing risk associated with all OTC derivatives products, operations, and regulatory issues. She will also be responsible for outreach efforts on behalf of DTCC’s Enterprise Risk Management (ERM) to industry groups and regulators.

Burton has been with DTCC since 1997, most recently as director of DTCC Risk Management, overseeing ERM Information Technology projects covering credit/market risk and securities valuation, quantitative analysis, and operational risk management.

Prior to joining DTCC, Burton held positions with the Federal Reserve Bank of New York as a bank examiner from 1996 to 1997. From 1994 to 1995, she worked at Mabon Securities Corporation as the associate director for Risk Management. Burton also worked at Bear Stearns & Co., Inc. as a vice president from 1987 to 1994.

Burton is a graduate of Case Western Reserve University, where she received her master’s degree in business administration from Weatherhead School of Management concentrating in finance and management information systems. She also holds a bachelor’s degree in management science from Case Western Reserve University.

About DTCC

The Depository Trust & Clearing Corporation (DTCC), through its subsidiaries, provides clearance, settlement and information services for equities, corporate and municipal bonds, government and mortgage-backed securities, money market instruments and over-the-counter derivatives. In addition, DTCC is a leading processor of mutual funds and insurance transactions, linking funds and carriers with financial firms and third parties who market these products. DTCC's depository provides custody and asset servicing for 3.5 million securities issues from the United States and 110 other countries and territories, valued at $40 trillion. Last year, DTCC settled more than $1.86 quadrillion in securities transactions. DTCC has operating facilities in multiple locations in the United States and overseas. For more information on DTCC, visit www.dtcc.com.