, Pioneer Services has recently
teamed up with USA Cares, a non-profit organization that helps military
families with emergency expenses, to provide referrals to those military
families that qualify for their assistance. "If we're not able to help them with one of our products or
services, we can refer them to USA Cares so they can get the help they need.us .com .

Contact:
Mark H.

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The program also supported select arts and cultural
initiatives (30 grants totaling more than $500,000) along with civic
improvements (10 grants totaling more than $90,000).
Included in this were grants totaling $275,000 from the program's
Disaster Relief Emergency Assistance Fund, which supported relief
efforts in Florida, several Southeastern U.

supporters jewish

2
million).

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3 million in 2004, including
$595,000 in future commitments.
The relationship began last year with a $20,000 donation from Pioneer
Services to USA Cares to assist military families affected by Hurricane
Katrina. Wiggins
Director, Public Relations
mwiggins@pioneerservices.

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states, Haiti and the
Cayman Islands , following a series of hurricanes that caused extensive
damage in the region last fall.

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"By teaming up with USA Cares, we can make an enormous impact in the
military community," said Karen Von Der Bruegge, chief marketing officer for
Pioneer Services. Service members and their families can
make a request for funds through the organization's Web site,
http://www.
For more information visit http://www.com
ph: 816-448-2376, fax: 816-561-9333

joint chapters

S. USA Cares is also a member of the Department of
Defense "America Supports You" program.

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State Street granted an additional
$290,000 to 38 non-profit organizations to sponsor fund-raising
events.5 trillion in assets under custody and $1.com

disadvantaged nonsectarian

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Each year, the company directs a portion of its pre-tax
profits to the State Street Foundation, which funds the Global
Philanthropy Program, in order to help address community needs.1 million);
youth programs (101 grants totaling more than $1.4 trillion in assets
under management as of December 31, 2004, State Street operates in 25
countries and more than 100 markets worldwide.

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In addition,
State Street awarded 16 grants totaling nearly $80 ,000 to charitable
organizations in honor of State Street volunteers and one grant of
$10,000 for management assistance. This donation sparked discussions and ultimately an understanding of
how the two organizations could work together.

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, where its use is duly licensed to affiliates and
partners of Pioneer Licensing Services, Inc.

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For more information,
visit State Street's web site at www."
"USA Cares does not have offices, chapters or posts across America, and so
when Pioneer Services stepped forward with not only financial support, but
organizational support, it clearly sets the stage to move to the next level of
effort and opportunity to assist military families from our organization ,"
said Roger Stradley, a founder and currently the Operations Officer of USA
Cares. Since its founding in
2003, the organization has assisted more than 2,010 families and resourced
more than $1.pioneerservices.

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With $9.

Jewish humanitarian organizations.

philanthropy committee

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2 million); and
neighborhood revitalization (45 grants totaling more than $1.
"This is a tremendous opportunity to improve the quality of life for
military families," said Von Der Bruegge.

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"
Working with USA Cares is another way Pioneer Services Representatives
enhance their quality-of-life and financial independence for military
families.

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The program contributed to nonprofit organizations that provide
community service initiatives in four primary focus areas: education
and job skills training (146 grants totaling more than $3 million);
health and human needs (178 grants totaling more than $3.

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statestreet.

committee distress

About State Street Corporation

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.

joint committee

Pioneer Services and USA Cares Join Forces to Help Military Families in Need

2 million in grants for emergency needs like clothing, travel,
food, auto repair, and other expenses . "We're proud to be associated with a
group like USA Cares, and are looking forward to helping them in their
efforts. With more than 70 years in the financial industry, they provide the
responsible alternative for financial services and education that our service
members deserve.

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Business Editors

BOSTON----State Street Corporation
(NYSE: STT), the world's leading provider of services to institutional
investors, announced today that its Global Philanthropy Program made
528 grants totaling more than US$9.
The mission of USA Cares is to help service members and their families
around the globe by helping with emergency expenses.usacares.

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KANSAS CITY, Mo.

PIONEER SERVICES is a brand name and registered service mark of Pioneer
Licensing Services, Inc.

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State Street Global Philanthropy Program Reports 2004 Grants of More than US$9.3 Million

State Street's Global Philanthropy Program had 29 individual
contribution committees in 18 countries in 2004, including Australia,
Belgium, Canada, Cayman Islands, France, Germany, Ireland, Italy,
Japan, Luxembourg , People's Republic of China (Hong Kong SAR),
Singapore, South Africa, South Korea, Switzerland, Taiwan , the United
Kingdom, and the U.S. Through a network of offices and on the Internet, Pioneer
Services Representatives offer financial education programs, loans, and
insurance products, and support military families and communities through a
variety of partnerships, programs, and sponsorships.