State Street Corporation President and COO Ronald E. Logue to Present at Smith Barney Financial Services Conference

January 20, 2004

BOSTON--(BUSINESS WIRE)--Jan. 20, 2004--State Street Corporation (NYSE: STT) announced today that its President and Chief Operating Officer, Ronald E. Logue, will speak at the Smith Barney Financial Services conference on Tuesday, January 27, at 9:00 a.m. EST. Mr. Logue will provide an overview of State Street's business, 2003 results and future growth strategies.

The presentation will be accessible, in listen-only mode, on State Street's investor relations home page, at www.statestreet.com/stockholder. A recorded replay of the presentation will be available on the Investor Relations website beginning later that day.

State Street Corporation (NYSE: STT) is the world's leading specialist in providing institutional investors with investment servicing, investment management, and investment research and trading services. With $9.4 trillion in assets under custody and $1.1 trillion in assets under management, State Street operates in 24 countries and over 100 markets worldwide. For more information, visit State Street's web site at www.statestreet.com or call 877/639-7788 (NEWS STT) toll-free in the United States and Canada, or +1 202/266-3340 outside those countries.

    CONTACT: State Street Corporation
             S. Kelley MacDonald, 617-664-3477
             or
             Media:
             Hannah Grove, 617-664-3377

    SOURCE: State Street Corporation