SPDR(SM) DJ Wilshire International Real Estate ETF Assets Reach $500 Million in Three Months

  
    
  
  
    
      State Street Global Advisors (SSgA)*, the investment management arm of 
      State Street Corporation (NYSE: STT), today announced that assets in the 
      SPDR SM DJ Wilshire International Real Estate 
      ETF (AMEX: RWX) have reached $500 million. It is the first ETF to 
      provide investors with access to global real estate securities 
      publicly-traded outside the US.
    
    
      “A number of catalysts appear to be driving 
      investor demand for international real estate exposure, including a very 
      low correlation to the broader US and international equity markets,” 
      said James Ross, senior managing director of SSgA. “The 
      significant inflows into the SPDR DJ Wilshire International Real Estate 
      RWX ETF indicate that investors have quickly embraced this offering as a 
      vehicle to gain more precise exposure to the global markets.”
    
    
      Launched on December 19, 2006, the SPDR SM DJ 
      Wilshire International Real Estate ETF has emerged as the fastest 
      growing ETF listed in the US during the past six months. As of March 7, 
      assets under management in the fund totaled approximately $500 million.**
    
    
      “As investors increasingly look toward real 
      estate securities globally to diversify their equity portfolios, they 
      require more sophisticated risk measurement tools to benchmark their 
      returns,” said Michael A. Petronella, 
      president of Dow Jones Indexes/Ventures. “The 
      Dow Jones Wilshire Global Real Estate Indexes were launched in 2006 to 
      meet this demand, particularly as more institutional and individual 
      investors seek exposure to REITs and real estate operating companies 
      outside the US.”
    
    
      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 US$1.7 trillion in assets under management as 
      of December 31, 2006, State Street Global Advisors has investment 
      centers in Boston, Hong Kong, London, Milan, Montreal, Munich, Paris, 
      Singapore, Sydney, Tokyo and Zurich, and offices in 25 cities worldwide.
    
    
      *The Funds are advised by SSgA Funds Management Inc., a registered 
      investment adviser and a wholly owned subsidiary of SSgA.
    
    
      ** Source: SSgA Strategy & Research as of March 7, 2007
    
    
      ETFs trade like a stock and are subject to market risk.
    
    
      Foreign investments involve greater risks than US investments, 
      including political and economic risks and the risk of currency 
      fluctuations. Funds investing in a single sector may be subject to more 
      volatility than funds investing in a diverse group of sectors.
    
    
      Dow Jones Wilshire exUS RESISM 
      is an index designed to provide measures of non-US real estate 
      securities that serve as proxies for direct real estate investing.
    
    
      Dow Jones & Company, Inc. is the owner of the trademarks and 
      copyrights relating to the Dow Jones Indexes. The Dow Jones 
      Wilshire IndexesSM are calculated 
      and distributed by Dow Jones Indexes pursuant to an agreement between 
      Dow Jones & Company, Inc. and Wilshire Associates Incorporated. Dow 
      Jones and Wilshire are the respective service marks of Dow Jones and 
      Wilshire Associates and have been licensed for use by State Street Bank 
      and Trust Company. streetTRACKS® 
      products, based on the Dow Jones Wilshire Indexes, are not sponsored, 
      endorsed, sold, or promoted by Dow Jones or Wilshire and neither make 
      any representation regarding the advisability of investing in them. Inclusion 
      of a company in the Dow Jones Wilshire Indexes does not in any way 
      reflect an opinion of Dow Jones or Wilshire on the investment merits of 
      the company.
    
    
      The “SPDRs SM” 
      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.
    
    
      Distributor: State Street Global Markets, LLC, member NASD, SIPC.
    
    
      Before investing, carefully consider the funds’ 
      investment objectives, risks, charges and expenses. A prospectus, which 
      contains this and other important information about the fund can be 
      obtained by calling 866.787.2257. Read it carefully before investing.