News Details

BOSTON--(BUSINESS WIRE)-- The SPDR(R) S&P 500 ETF (SPDR Trust, Series I, NYSE Alternext US: SPY - News), The Energy Select Sector SPDR(R) Fund (NYSE Arca: XLE - News) and SPDR(R) DJ Wilshire Total Market ETF (NYSE Arca: TMW - News), announced today that each Fund received payments from a class action settlement as eligible claimants related to Enron Corporation.

The total amount payable to each Fund is listed below. When each Fund calculates its net asset value ("NAV") per share on December 29, 2008, it is estimated that each Fund's NAV will be impacted by the receipt of the corresponding payments in the amount stated below based on the shares outstanding as of December 24, 2008.

                                                   Shares

                                      Settlement   Outstanding as of  Per Share
Fund
                                      Payment      December 24,       Amount

                                                   2008

SPDR(R) S&P 500 ETF                   $15,221,552  1,059,018,428      $0.0144

Energy Select Sector SPDR(R) Fund     $1,723,918   96,967,372         $0.0178

SPDR(R) DJ Wilshire Total Market ETF  $62,434      2,000,122          $0.0312

About State Street Global Advisors

State Street Global Advisors, the investment management arm of State Street Corporation (NYSE: STT), delivers investment strategies and integrated solutions to clients worldwide across every asset class, investment approach and style. With $1.7 trillion in assets under management as of September 30, 2008, State Street Global Advisors has investment centers in Boston, Hong Kong, London, Montreal, Munich, Paris, Singapore, Sydney, Tokyo, Toronto and Zurich, and offices in 27 cities worldwide. For more information, visit State Street Global Advisors at www.ssga.com.

Note to Editors: SPDR(R) Exchange Traded Funds

SPDR ETFs are a comprehensive family spanning an array of international and domestic asset classes. Offered by State Street Global Advisors, 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 by SSgA Funds Management, Inc, a registered investment adviser and wholly owned subsidiary of State Street Bank and Trust Company.

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

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.

Small company issues can be subject to increased volatility and considerable price fluctuations.

The "SPDR" trademark is used under license from The McGraw-Hill Companies, Inc. ("McGraw-Hill"). No financial product offered by State Street Corporation or its affiliates is sponsored, endorsed, sold or promoted by McGraw-Hill. S&P(R) is a trademark of McGraw-Hill and has been licensed for use by State Street Bank and Trust Company.

ALPS Distributors, Inc., member FINRA, SIPC, distributor: SPDR(R) S&P 500 ETF and The Energy Select Sector SPDR(R) Fund.

State Street Global Markets, LLC, member FINRA, SIPC, distributor: SPDR(R) DJ Wilshire Total Market ETF

Before investing, carefully consider the Funds' investment objectives, risks, charges and expenses. A prospectus, which contains this and other important information about the funds, can be obtained by calling 1-866-787-2257 or visiting www.spdretfs.com. Read it carefully before investing.

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    Source: State Street Corporation