State Street Ranked in Top 100 Business-to-Business Web Sites by BtoB magazine

August 22, 2003

BOSTON--(BUSINESS WIRE)--Aug. 22, 2003--State Street Corporation (NYSE: STT), the world's leading specialist in meeting the needs of institutional investors, announced today that it has been included in BtoB magazine's annual list of the top 100 business-to-business websites. The 2003 "Netmarketing 100" list recognizes websites for their marketing effectiveness.

Approximately 800 websites were examined in order to determine the top 100. The websites were evaluated using a number of criteria, including ease of navigation, design, "extras," and quality and presentation of information. State Street scored 91 out of 100 possible points.

BtoB magazine commended State Street's website, www.statestreet.com, for its well-organized design, user-friendly navigation and valuable extras, such as video, weekly email reports and research. State Street uses short videos to introduce its core competencies, such as investment management and investment servicing. A weekly opt-in email report, Economic Perspectives, provides commentaries and quarterly forecasts on global markets. State Street's online Research, Policy and Strategy Center offers market analysis, in-depth country studies, and case histories.

"We're very pleased to be named in BtoB magazine's top 100 business-to-business websites," said Darla Hastings, State Street's executive vice president and head of Worldwide Marketing and Communications. "As a world leader in financial services, State Street has vast knowledge and experiential insight. Our website is designed to share our thought leadership with sophisticated investors, giving them easy access to information that will help them make sound business decisions. This recognition is an indication that our approach is working."

State Street Corporation (NYSE: STT) is the world's leading specialist in providing institutional investors with investment servicing and investment management. With $8.5 trillion in assets under custody and $901 billion in assets under management, State Street operates in 23 countries and over 100 markets worldwide. For more information, visit State Street's website at www.statestreet.com.

    CONTACT: State Street CorporationHannah Grove, 617-664-3377

    SOURCE: State Street Corporation