Filed under Rule 424 (b)(2), Registration Statement No. 333-134738, 333-134738-01, 333-134738-02, 333-134738-03, 333-134738-04 and 333-134738-05 Pricing Supplement No. 8 - dated August 11, 2006 (To prospectus dated June 5, 2006 and prospectus supplement dated June 15, 2006) The Bank of New York Company, Inc. [LOGO] The Bank of New York Company, Inc. $1,000,000,000 The Bank of New York Company, Inc. CoreNotes(Registered Service Mark) ================================================================= Aggregate Purchasing Proceeds CUSIP Principal Price to Agent's Before Number Amount Public(1) Discount(1) Expenses(1) ================================================================= 0640P1HY2 $3,188,000 100% 2.00% 98.00% ----------------------------------------------------------------- ================================================================= Interest Interest Stated Rate Per Payment Maturity Survivor's Annum Frequency Date Option ================================================================= 6.05% Semiannual 8/16/2021 Yes ----------------------------------------------------------------- Senior Subordinated Medium-Term Notes, Series I Interest Payment Dates: The 15th day of February and August of each year commencing 02/15/2007. Redemption Information: Redeemable at the option of The Bank of New York Company, Inc. on 08/15/2009 and each Interest Payment Date thereafter, at a price equal to 100% on 30 calendar days notice. ================================================================= Aggregate Purchasing Proceeds CUSIP Principal Price to Agent's Before Number Amount Public(1) Discount(1) Expenses(1) ================================================================= 0640P1HZ9 $1,653,000 100% 2.50% 97.50% ----------------------------------------------------------------- ================================================================= Interest Interest Stated Rate Per Payment Maturity Survivor's Annum Frequency Date Option ================================================================= 6.10% Semiannual 08/15/2031 Yes ----------------------------------------------------------------- Senior Subordinated Medium-Term Notes, Series I Interest Payment Dates: The 15th day of February and August of each year commencing 02/15/2007. Redemption Information: Redeemable at the option of The Bank of New York Company, Inc. on 08/15/2011 and each Interest Payment Date thereafter, at a price equal to 100% on 30 calendar days notice. ----------------------------------------------------------------- The Bank of New York Company, Inc. One Wall Street New York, New York 10286 Trade Date: 08/11/2006 Issue Date: 08/16/2006 Minimum Denominations/Increments: $1,000/$1,000 Original Issue Discount: No All trades settle without accrued interest and clear SDFS: DTC Book-Entry only Merrill Lynch DTC Participant Number: 161 The defeasance and covenant defeasance provisions of the Senior Indenture and the Senior Subordinated Indenture described under "Description of Senior Debt Securities and Senior Subordinated Debt Securities-Legal Defeasance and Covenant Defeasance" in the Prospectus will apply to the Senior and Senior Subordinated Notes respectively. (1) Expressed as a percentage of the aggregate principal amount "CoreNotes(Registered Service Mark)" is a registered service mark of Merrill Lynch & Co., Inc. Merrill Lynch & Co. Purchasing Agent Acting as Principal ===============================================================================