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SSgA Funds Management, Inc., the investment advisor of
streetTRACKS Series Trust exchange-traded funds (ETFs), announced
today that the Board of Trustees of the Trust has approved share
splits of three ETFs' shares of beneficial interest. The streetTRACKS
Dow Jones US Large Cap Value Index Fund (AMEX: ELV) will split shares
two-for-one, and the streetTRACKS Dow Jones US Small Cap Value Index
Fund (AMEX: DSV) and streetTRACKS Wilshire REIT Index Fund (AMEX: RWR)
will split shares three-for-one.
Each shareholder of record at the close of business on September
19, 2005 will receive two additional shares for every outstanding
share held in streetTRACKS Dow Jones US Small Cap Value Index Fund and
streetTRACKS Wilshire REIT Index Fund. Shareholders of record of the
Dow Jones U.S. Large Cap Value Index Fund will receive one additional
share for every outstanding share held on the same date. All
additional shares are payable September 21, 2005.
Neither the value of the Funds nor the value of shareholders'
investments will change as a result of the share splits. Trading will
begin on a split-adjusted basis on September 22, 2005.
SSgA Funds Management, Inc.
SSgA Funds Management, Inc. is the investment advisor of the
streetTRACKS family of ETFs and a wholly owned subsidiary of State
Street Corporation (NYSE: STT). SSgA Funds Management, Inc. and other
advisory affiliates of State Street Corporation comprise State Street
Global Advisors ("SSgA").
State Street Global Advisors
State Street Global Advisors, the investment management group of
State Street Corporation, delivers investment strategies and
integrated solutions to clients worldwide across every asset class,
investment approach and style. With $1.4 trillion in investment
programs and portfolios (as of June 30, 2005), State Street Global
Advisors has investment centers in Boston, Hong Kong, London, Milan,
Montreal, Munich, Paris, Singapore, Sydney, Tokyo, and Zurich, and
offices in 28 cities worldwide. For more information, visit State
Street Global Advisors at www.ssga.com.
An investor should consider investment objectives, risks, charges,
and expenses carefully before investing. To obtain a prospectus, which
contains this and other information, visit www.streettracks.com.
Please read the prospectus carefully before investing.
ETFs trade like a stock and are subject to market risk.
streetTRACKS are distributed by State Street Global Markets, LLC,
member NASD, SIPC, BSE. State Street Global Markets, LLC is a wholly
owned subsidiary of State Street Corporation.