2008-09-12 18:59:04 -

- State Street Global Advisors (SSgA), the investment management arm of State Street Corporation (NYSE: STT), and largest institutional fund manager in the world(1), today announced it will transfer 75 SPDR(R) exchange traded funds (ETF) managed by SSgA Funds Management, Inc. to the NYSE Arca listing and trading platform. The move of the SPDR ETFs, which have been listed on

the American Stock Exchange (Amex), is contingent upon the merger of Amex and NYSE EuroNext, the holding company for NYSE Arca.

Currently, three SPDR ETFs:SPDR Gold Shares (GLD), the first US commodity-based exchange traded security and one of the fastest growing exchange traded products; SPDR DJ EURO STOXX 50 ETF (FEZ); and SPDR DJ STOXX 50 ETF (FEU), are listed on NYSE Arca. For a list of ETFs that will be transferred to the NYSE Arca listing and trading platform, see below(2).

"We are pleased to be moving our ETFs to the NYSE Arca, the largest exchange in ETF listings and assets," said James Ross, senior managing director at State Street Global Advisors. "The strong growth of the NYSE Arca in the ETF industry underscores its commitment to offering investors innovative investment options."

State Street Global Advisors is one of the largest ETF providers in the United States and globally. As of July 31, 2008, US assets under management in State Street's ETFs totaled more than $143 billion - up from $100.9 billion year over year.

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 $1.9 trillion in assets under management as of June 30, 2008, State Street Global Advisors has investment centers in Boston, Hong Kong, London, Toronto, Montreal, Munich, Paris, Singapore, Sydney, Tokyo and Zurich, and offices in 27 cities worldwide. For more information, visit State Street Global Advisors at www.ssga.com.

Note to Editors: 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--in partnership with the American Stock Exchange--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 successes with gold, international real estate, international fixed income and sector ETFs. SPDR ETFs are managed or marketed by SSgA or SSgA Funds Management, Inc, a registered investment adviser and wholly owned subsidiary of State Street Bank and Trust Company.

(1)Source: Pensions & Investments magazine for assets under management as of December 31, 2007

(2) The SPDR ETFs moving to the NYSE Arca include: -0- SPDR ETF Ticker Symbol SPDR DJ Wilshire REIT ETF RWR SPDR KBW Bank ETF KBE SPDR KBW Capital Markets ETF KCE SPDR KBW Insurance ETF KIE SPDR KBW Regional Banking ETF KRE SPDR Morgan Stanley Technology ETF MTK SPDR Barclays Capital TIPS ETF IPE SPDR DB International Government Inflation-Protected WIP Bond ETF SPDR DJ Global Titans ETF DGT SPDR DJ Wilshire International Real Estate ETF RWX SPDR DJ Wilshire Large Cap ETF ELR SPDR DJ Wilshire Large Cap Growth ETF ELG SPDR DJ Wilshire Large Cap Value ETF ELV SPDR DJ Wilshire Mid Cap ETF EMM SPDR DJ Wilshire Mid Cap Growth ETF EMG SPDR DJ Wilshire Mid Cap Value ETF EMV SPDR DJ Wilshire Small Cap ETF DSC SPDR DJ Wilshire Small Cap Growth ETF DSG SPDR DJ Wilshire Small Cap Value ETF DSV SPDR DJ Wilshire Total Market ETF TMW SPDR FTSE/Macquarie Global Infrastructure 100 ETF GII SPDR Lehman 1-3 Month T-Bill ETF BIL SPDR Lehman Aggregate Bond ETF LAG SPDR Lehman California Municipal Bond ETF CXA SPDR Lehman High Yield Bond ETF JNK SPDR Lehman Intermediate Term Treasury ETF ITE SPDR Lehman International Treasury Bond ETF BWX SPDR Lehman Long Term Treasury ETF TLO SPDR Lehman Municipal Bond ETF TFI SPDR Lehman New York Municipal Bond ETF INY SPDR Lehman Short Term Municipal Bond ETF SHM SPDR MSCI ACWI ex-US ETF CWI SPDR Russell/Nomura PRIME Japan ETF JPP SPDR Russell/Nomura Small Cap Japan ETF JSC SPDR S&P Biotech ETF XBI SPDR S&P BRIC 40 ETF BIK SPDR S&P China ETF GXC SPDR S&P Dividend ETF SDY SPDR S&P Emerging Asia Pacific ETF GMF SPDR S&P Emerging Europe ETF GUR SPDR S&P Emerging Latin America ETF GML SPDR S&P Emerging Markets ETF GMM SPDR S&P Emerging Markets Small Cap ETF EWX SPDR S&P Emerging Middle East & Africa ETF GAF SPDR S&P Homebuilders ETF XHB SPDR S&P International Consumer Discretionary Sector IPD ETF SPDR S&P International Small Cap ETF GWX SPDR S&P Metals & Mining ETF XME SPDR S&P Oil & Gas Equipment & Services ETF XES SPDR S&P Oil & Gas Exploration & Production ETF XOP SPDR S&P Pharmaceuticals ETF XPH SPDR S&P Retail ETF XRT SPDR S&P Semiconductor ETF XSD SPDR S&P World ex-US ETF GWL SPDR DJ Wilshire Global Real Estate ETF RWO SPDR S&P International Mid Cap ETF MDD SPDR S&P International Consumer Staples Sector ETF IPS SPDR S&P International Dividend ETF DWX SPDR S&P International Energy Sector ETF IPW SPDR S&P International Financial Sector ETF IPF SPDR S&P International Health Care Sector ETF IRY SPDR S&P International Materials Sector ETF IRV SPDR S&P International Technology Sector ETF IPK SPDR S&P International Telecommunications Sector ETF IST SPDR S&P International Industrial Sector ETF IPN SPDR S&P International Utilities Sector ETF IPU Consumer Staples Select Sector SPDR ETF XLP Consumer Discretionary Select Sector SPDR ETF XLY Energy Select Sector SPDR ETF XLE Financial Select Sector SPDR ETF XLF Health Care Select Sector SPDR ETF XLV Industrial Select Sector SPDR ETF XLI Materials Select Sector SPDR ETF XLB Technology Select Sector SPDR ETF XLK Utilities Select Sector SPDR ETF XLU

ETFs trade like stocks, are subject to investment risk and will fluctuate in market value.

State Street Global Markets, LLC, member FINRA, SIPC is distributor for all SPDRs products and is 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. ALPS Distributors, Inc., a registered broker-dealer, is distributor for SPDR shares, MidCap SPDRs and Dow Diamonds, all unit investment trusts and Select Sector SPDRs.

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

10958-0909

State Street Corporation
Marie McGehee, 617-664-1898
or
River Communications
Troy Mayclim, 914-686-5599