"We will need to wait to see next month's reading to see if this was based on misplaced confidence in a resolution to the Greek saga or whether the contagion effects from Greece are indeed less than first feared."

BOSTON, June 30, 2015 - State Street Global Exchange today released the results of the State Street Investor Confidence Index® (ICI) for June 2015.

The Global ICI increased to 127.0, up 5.6 points from May's revised reading of 121.4. Confidence among North American investors increased with the North American ICI rising 11.7 points to 142.9, up from May's revised reading of 131.2. Meanwhile, the Asia ICI fell by 10.3 points to 87.6 while the European ICI fell 1.2 points to 102.5.

The Investor Confidence Index was developed by Kenneth Froot and Paul O'Connell at State Street Associates, State Street Global Exchange's research and advisory services business. It measures investor confidence or risk appetite quantitatively by analyzing the actual buying and selling patterns of institutional investors. The index assigns a precise meaning to changes in investor risk appetite: the greater the percentage allocation to equities, the higher risk appetite or confidence. A reading of 100 is neutral; it is the level at which investors are neither increasing nor decreasing their long-term allocations to risky assets. The index differs from survey-based measures in that it is based on the actual trades, as opposed to opinions, of institutional investors.

"The lack of hawkish sentiment from the Federal Reserve and a reduction in guidance for rates at year-end 2016 and 2017 resulted in a boost to North America sentiment," commented Ken Froot. "It will be interesting to see how stronger labor markets and core inflation in the U.S. offset concerns over the first rate hike."

"Until June 24th there was little sign of the uncertainty surrounding Greece impacting investor confidence. Although the confidence of investors based in Europe did drop, it do so marginally and not enough to offset a rise in confidence in the US," added Michael Metcalfe, senior managing director and head of Global Macro Strategy, State Street Global Markets. "We will need to wait to see next month's reading to see if this was based on misplaced confidence in a resolution to the Greek saga or whether the contagion effects from Greece are indeed less than first feared."

About the State Street Investor Confidence Index®

The index is released globally at 10 a.m. Eastern time in Boston on the last Tuesday of each month. More information on the State Street Investor Confidence Index is available at http://www.statestreet.com/ideas/investor-confidence-index.html.

About State Street Corporation

State Street Corporation (NYSE: STT) is one of the world's leading providers of financial services to institutional investors including investment servicing, investment management and investment research and trading. With $25.4 trillion in assets under custody and administration and $2.2 trillion in assets under management at March 31, 2013, State Street operates in more than 100 geographic markets worldwide, including the U.S., Canada, Europe, the Middle East and Asia. For more information, visit State Street's web site at www.statestreet.com.

* Assets under management include the assets of the SPDR® Gold ETF (approximately $28 billion as of March 31, 2015), for which State Street Global Markets, LLC, an affiliate of SSgA, serves as the distribution agent.

The views expressed in this material are the views of State Street through the period ended June 29, 2015 and are subject to change based on market and other conditions.

This news announcement contains forward-looking statements as defined by United States securities laws, including statements about the financial outlook and business environment. Those statements are based on current expectations and involve a number of risks and uncertainties, including those set forth in State Street's 2013 annual report and subsequent SEC filings. State Street encourages investors to read the corporation's annual report, particularly the section on factors that may affect financial results, and its subsequent SEC filings for additional information with respect to any forward-looking statements and prior to making any investment decision. The forward-looking statements contained in this press release speak only as of the date hereof, June 29, 2015 and the company will not undertake efforts to revise those forward-looking statements to reflect events after this date.

CORP-1416

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