Draft – Not for Release
streetTRACKS® GOLD TRUST (GLD) BEGINS TRADING ON
MEXICO’S BMV
New Listing Highlights Strong Regional Investor Demand
for Gold Bullion
Boston, London and Mexico City, August 9, 2006 — State Street Global Advisors (State Street), the investment management arm of State Street Corporation (NYSE: STT) and the largest institutional money manager in the world, today announced, together with the World Gold Council, that streetTRACKS® Gold Shares (NYSE: GLD), has commenced trading on the Bolsa Mexicana de Valores, S.A. de C.V. (“BMV”) under the symbol GLD. Deutsche Securities, S.A. de C.V., Casa de Bolsa serves as sponsor and depository for the funds quoted on the exchange.
“streetTRACKS Gold Shares continue to gain worldwide momentum as an important investment option for investors seeking to diversify their portfolios with exposure to gold bullion,” said Jim Ross, senior managing director of State Street Global Advisors. “We are very pleased that investors in Mexico investors now have access this investment vehicle.”
Launched in November 2004, GLD was the first-ever U.S. commodity-based exchange-traded security, providing investors with streamlined, secure and cost-effective access to the gold bullion market. Designed to reduce the barriers to investing in gold, GLD holds physical allocated gold bullion, with the objective of reflecting the performance of the price of gold bullion less expenses.
“The continued demand for gold bullion in an uncertain investment environment and the widespread acceptance of GLD as its de facto proxy has prompted its further expansion into worldwide markets,” said Stuart Thomas, managing director of World Gold Trust Services LLC. “With gold experiencing solid performance, we see an increase in investor appetite in countries such as Mexico and throughout the world.”
GLD is the largest of four gold-backed securities launched under the global brand name Exchange Traded Gold. The other securities trade on the London, Johannesburg, and Sydney stock exchanges as well as on Euronext in Paris.
State Street Global Advisors partnered with World Gold Trust Services, a subsidiary of the World Gold Council, to bring GLD to market in November 2004. GLD completed its first day of trading on the New York Stock Exchange with almost six million shares traded, a record for any derivative, ETF or structured product. With more than $7.8 billion in assets and over 9 million shares of average daily trading volume, GLD is the largest and most liquid gold-backed equity in the world.
State Street Global Advisors manages almost $100 billion in 65 ETFs worldwide and is one of the largest providers in the U.S. and globally.*
For more information about GLD’s listing on the BMV, please visit www.bmv.com.mx under the section "Mercado Global BMV" or via direct link http://www.bmv.com.mx/BMV/HTML/sec2_sic.html
About State Street Global Advisors
State Street Global Advisors, the investment management arm of State Street Corporation, delivers investment strategies and integrated solutions to clients worldwide across every asset class, investment approach and style. With $1.5 trillion in assets under management as of June 30, 2006, State Street Global Advisors has investment centers in Boston, Hong Kong, London, Milan, Montreal, Munich, Paris, Singapore, Sydney, Tokyo, and Zurich, and offices in 25 cities worldwide. For more information, visit State Street Global Advisors at www.ssga.com.
About World Gold Council
The World Gold Council (WGC), a commercially-driven marketing organization, is funded by the world’s leading gold mining companies. A global advocate for gold, the WGC aims to promote the demand for gold in all its forms through marketing activities in major international markets. For further information visit www.gold.org.
About the Bolsa Mexicana de Valores (Mexican Stock Exchange - MSE)
The Bolsa Mexicana de Valores (Mexican Stock Exchange - MSE) is the forum in which there are carried out the operations of the stock market organized in Mexico, with the principal objectives of facilitating the deals with securities and promoting the development of the market, through expansion and competitiveness. The Mexican Stock Exchange is a private institution, authorized by the Secretaría de Hacienda y Crédito Público, in accordance to the Securities Market Law. For more information, visit the website www.bmv.com.mx
* Source: SSgA Advisor Consulting Services as of June 30, 2006
World Gold Trust Services, LLC, which is wholly-owned by the World Gold Council,is the sponsor of the streetTRACKS® Gold Trust. State Street Global Markets, LLC is marketing agent for the Trust. For further information on GLD, visit streettracksgoldshares.com.
The Trust has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about theTrust and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the Trust or any Authorized Participant will arrange to send you the prospectus if you request it by calling toll free at 1-866-320-4053 or contacting State Street Global Markets, LLC, One Lincoln Street, Attn: streetTRACKS®, 30th Floor, Boston, MA 02111.
ETFs trade like a stock and are subject to market risk. An investor should consider the investment objectives, risks, charges, and expenses carefully before investing. To obtain a prospectus, which contains this and other information about the funds, visit (www.advisors.ssga.com/etf). Please read the prospectus carefully before investing.
streetTRACKS® are distributed by State Street Global Markets, LLC, member NASD, SIPC.
Funds investing in a single sector may be subject to more volatility than funds investing in a diverse group of sectors.
Before investing, consider the funds’ investment objectives, risks, charges and expenses. A prospectus, which contains this and other important information about the fund can be obtained by calling 866.787.2257. Read it carefully before investing.