Amex Environmental Services Index up 11.77% Through July

  
    
  
  
    
      The Amex Environmental Services Index (AXENV) fell 3.46 percent in July 
      and gained 11.77 percent for the seven months ending July 31, 2007.* 
      AXENV is a modified equal-dollar-weighted index that is comprised of 
      publicly traded companies involved in waste management and related 
      activities. These companies offer a full range of environmental services 
      to residential, industrial, municipal and commercial customers; such 
      services include waste collection and disposal, hazardous waste 
      services, recycling, remediation and environmental clean-up services, 
      wastewater management and environmental consulting.
    
    
      As of July 31, 2007, AXENV included 24 securities. AXENV is rebalanced 
      quarterly. The next rebalancing will occur on September 27, 2007.
    
    
      The Market Vectors – Environmental Services 
      ETF (Amex: EVX) is an exchange-traded fund that seeks to replicate, as 
      closely as possible, before fees and expenses, the price and yield 
      performance of AXENV. EVX generally holds all of the securities that 
      comprise AXENV in proportion to their weighting in AXENV.
    
    
      Options on EVX are listed on the Amex.
    
    
      *Past performance does not guarantee future results. AXENV’s 
      return does not represent the performance of any fund. AXENV charges no 
      fees, including management fees or brokerage expenses, and no such fees 
      or expenses were deducted from the performance shown. Investors cannot 
      invest directly in AXENV.
    
    
      Please call 1.888.MKT.VCTR or visit www.vaneck.com/evx 
      for the most recent month-end performance of EVX. This 
      information will be available no later than seven business days after 
      the most recent month end.
    
    
      About Exchange-Traded Funds
    
    
      ETFs are passively managed baskets of securities that trade in a manner 
      similar to stocks. They have grown in popularity as investment tools 
      because of their relatively low expense ratios and the tax efficiency 
      they offer compared to most mutual funds. Investors can buy and sell 
      ETFs intra-day and they can hold them both long and short, offering the 
      opportunity to prosper from both bear and bull markets. However, ETF 
      shares are not individually redeemable and may only be purchased from or 
      tendered for redemption to an ETF by an authorized person in large 
      aggregations called “creation units.”
    
    
      About the American Stock Exchange
    
    
      The American Stock Exchange® 
      (Amex®) offers trading 
      across a full range of equities, options and exchange traded funds 
      (ETFs), including structured products and HOLDRSSM. 
      In addition to its role as a national equities market, the Amex is the 
      pioneer of the ETF, responsible for bringing the first domestic product 
      to market in 1993. Leading the industry in ETF listings, the Amex lists 
      336 ETFs to date. The Amex is also one of the largest options exchanges 
      in the U.S., trading options on broad-based and sector indexes as well 
      as domestic and foreign stocks. For more information, please visit www.amex.com.
    
    
      About Van Eck Global
    
    
      Founded in 1955, Van Eck Associates Corporation was among the first U.S. 
      money managers helping investors achieve greater diversification through 
      global investing. Today the firm continues the 50+ year tradition by 
      offering global investment choices in hard assets, emerging markets, 
      precious metals including gold, and other specialized asset classes.
    
    
      Van Eck mutual funds are sold nationwide through retail brokers, 
      financial planners and investment advisors. Designed for investors 
      seeking innovative choices for portfolio diversification, they are often 
      categorized in asset classes having returns with low correlations to 
      those of more traditional U.S. equity and fixed income investments.
    
    
      Van Eck also offers exchange-traded funds, separate accounts and 
      alternative investments. In addition, it offers the Worldwide Insurance 
      Trust Funds, a series of investment choices within the variable annuity 
      contracts and variable life policies of widely known and highly regarded 
      insurers.
    
    
      About the Amex Environmental Services Index (AXENV)
    
    
      AXENV is a modified equal-dollar-weighted index comprised of common 
      stocks or ADRs of publicly traded companies that engage in business 
      activities that may benefit from the global increase in demand for 
      consumer waste disposal, removal and storage of industrial by-products 
      and related environmental services, including waste collection, transfer 
      and disposal services, recycling services, soil remediation, wastewater 
      management and environmental consulting services. As of July 31, 2007, 
      AXENV included 24 securities. The Amex launched AXENV on September 29, 
      2006.
    
    
      All performance information presented for AXENV covering the period 
      prior to October 7, 2004 is based on hypothetical, back-tested data. 
      Prior to October 7, 2004, AXENV was not calculated in real time by an 
      independent calculation agent. Hypothetical, back-tested performance has 
      inherent limitations and is not indicative of future results. No 
      representation is being made that any investment will achieve 
      performance similar to that shown.
    
    
      AXENV is calculated using a modified equal-dollar weighting methodology. 
      Only companies with a market capitalization greater than $100 million 
      and a three-month trading price greater than $3.00 that have a daily 
      average traded volume of at least $1 million over the past three months 
      are eligible for inclusion in AXENV. The top four components, ranked by 
      market capitalization, are equally weighted to collectively represent 
      40% of AXENV. The bottom five components are equally weighted to 
      collectively represent 10% of AXENV and the remaining components are 
      equally weighted to collectively represent 50% of AXENV. AXENV 
      composition and share weightings are reviewed quarterly. The value of 
      AXENV is disseminated every 15 seconds between the hours of 
      approximately 9:30 am and 4:15 pm Eastern Time. For a more complete 
      description of AXENV, please read the EVX prospectus.
    
    
      AXENV, a trademark of the Amex, is licensed for use by Van Eck 
      Associates Corporation in connection with EVX. EVX is not sponsored or 
      endorsed by the Amex and the Amex makes no warranty or representation as 
      to the accuracy and/or completeness of AXENV or results to be obtained 
      by any person from use of AXENV in connection with trading of EVX.
    
    
      Investing involves risk, including possible loss of principal. Market 
      Vectors ETF shares can be bought and sold only through a broker (who may 
      charge a commission) and cannot be redeemed with the issuing fund. The 
      market price of Fund shares may be more or less than their net asset 
      value.
    
    
      Investors may call 1.888.MKT.VCTR or visit www.vaneck.com/evx 
      for a free prospectus. Investors should consider the 
      investment objective, risks, and charges and expenses of EVX carefully 
      before investing. The prospectus contains this and other information 
      about EVX. Please read the prospectus carefully before investing.
    
    
      Van Eck Securities Corporation, Distributor, 99 Park Avenue, New York, 
      NY 10016