State Street Boston Corp. announcesdividend increase

Business Wire, March 16, 1995

BOSTON--(BUSINESS WIRE)--March 16, 1995--State Street Boston Corp. today announced a quarterly dividend of $.16 per share.

The dividend is payable April 17, 1995 to stockholders of record as of April 3, 1995. The current dividend rate is 14 percent higher than a year ago.

With $1.8 trillion in assets under custody and $160 billion in assets under management, State Street is a leading servicer of financial assets worldwide. Services are provided from offices in the United States, Canada, Grand Cayman, Netherland Antilles, United Kingdom, France, Belgium, Luxembourg, Denmark, Germany, United Arab Emirates, Hong Kong, Taiwan, Japan, Australia and New Zealand. State Street is listed on the NYSE under the symbol STT.

CONTACT: State Street Boston Corp.

George A. Russell, Jr., 617/654-3866