State Street's ETFs To Begin Trading On NYSE Arca

October 24, 2008

BOSTON--(BUSINESS WIRE)--

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 76 exchange traded funds (ETFs) managed by SSgA Funds Management, Inc. from NYSE Alternext US (formerly the American Stock Exchange) to the NYSE Arca listing and trading platform on November 7, 2008. The move of the SPDR ETFs comes as a result of the completed acquisition of the American Stock Exchange by NYSE Euronext.

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 currently listed on NYSE Arca. For a complete list of ETFs that will be transferred to the NYSE Arca listing and trading platform, see below(2).

State Street Global Advisors is one of the largest ETF providers in the United States and globally. As of September 30, 2008, US assets under management in State Street's ETFs totaled more than $168 billion - up from $133.9 billion year over year.

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 at 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 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:

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

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

Source: State Street Corporation

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