State Street Global Advisors Launches First Global Natural Resources ETF

State Street Global Advisors (SSgA), the investment management business of State Street Corporation (NYSE: STT), today announced that the SPDR® S&P® Global Natural Resources ETF (Symbol: GNR) began trading on the NYSE Arca on September 14, 2010. Its annual expense ratio is 0.40 percent.

Designed to provide investors with diversified, global exposure across the Energy, Metals and Mining, and Agriculture sectors, the SPDR S&P Global Natural Resources ETF seeks to track the performance of the S&P Global Natural Resources Index. The Index includes ninety of the largest publicly-traded companies in global natural resources and commodities businesses. In addition to being listed on a developed market exchange, Index constituents must have a minimum of $1 billion market capitalization and a three month average daily trading value of $5 million or more.

“The SPDR S&P Global Natural Resources ETF was developed in response to demand from sophisticated investors and financial advisors seeking precise natural resources exposure that is not overweight on the energy sector,” said James Ross, senior managing director at State Street Global Advisors. “With the addition of the SPDR S&P Natural Resources ETF, our family of SPDR ETFs provides investors with an opportunity to benefit from increasing natural resources demand across the globe.”

Index holdings are equally-weighted across the energy, metals and mining, and agriculture sectors. This index methodology offers investors exposure that is diversified, liquid, and balanced, and prevents overweighting energy companies, which make up more than 10 percent of the S&P 500® Index based on market capitalization.

“With the consumption of natural resources poised for growth in both emerging markets and developed countries, the investment outlook for this sector remains promising,” said Dan Peirce, vice president and a portfolio manager with the Multi Asset Class Solutions team at State Street Global Advisors. “In light of the sector’s attractive supply and demand dynamics and relatively low correlation with other asset classes, the benefits of investing in natural resources are becoming increasingly apparent to investors.”

State Street manages more than $200 billion in SPDR ETF assets worldwide (as of June 30, 2010) and is one of the largest ETF providers in the US and globally.

About SPDR Exchange Traded Funds

SPDR ETFs are a comprehensive family spanning an array of international and domestic asset classes. SPDR ETFs provide professional investors with the flexibility to select investments that are precisely aligned to their investment strategy. Recognized as the industry pioneer, State Street created the first ETF in 1993 (SPDR S&P 500 – Ticker SPY). Since then, we’ve sustained our place as an industry innovator through the introduction of many ground-breaking products, including first-to-market launches with gold, international real estate, international fixed income and sector ETFs. For more information, visit www.spdrs.com.

About State Street Global Advisors

State Street Global Advisors (SSgA) is a global leader in asset management. We are relied on by sophisticated investors worldwide for our disciplined investment process, powerful global investment platform and access to every major asset class, capitalization range and style. SSgA is the asset management business of State Street, one of the world’s leading providers of financial services to institutional investors.

ETFs trade like stocks, are subject to investment risk, fluctuate in market value and may trade at prices above or below the ETFs net asset value. Brokerage commissions and ETF expenses will reduce returns.

Foreign investments involve greater risks than U.S. investments, including political and economic risks and the risk of currency fluctuations, all of which may be magnified in emerging markets.

Because of their narrow focus, sector funds tend to be more volatile than funds that diversify across many sectors and companies.

Neither diversification nor asset allocation ensure a profit or guarantee against loss.

"SPDR®" is a registered trademark of Standard & Poor’s Financial Services LLC ("S&P") and has been licensed for use by State Street Corporation. No financial product offered by State Street Corporation or its affiliates is sponsored, endorsed, sold or promoted by S&P or its Affiliates, and S&P and its affiliates make no representation, warranty or condition regarding the advisability of buying, selling or holding units/shares in such products. Further limitations and important information that could affect investors' rights are described in the prospectus for the applicable product.

Distributor: State Street Global Markets, LLC, member FINRA, SIPC, a wholly owned subsidiary of State Street Corporation. References to State Street may include State Street Corporation and its affiliates. Certain State Street affiliates provide services and receive fees from the SPDR ETFs.

Before investing, consider the funds’ investment objectives, risks, charges and expenses. To obtain a prospectus or summary prospectus which contains this and other information, call 1-866-787-2257 or visit www.spdrs.com. Read it carefully.

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