Market Vectors Family of Municipal Bond ETFs Announces Distributions

  
    
  
  
    
      The Market Vectors ETF Trust announced regular monthly distributions 
      today for three ETFs within the Market Vectors Family of Municipal Bond 
      ETFs*.
    
    
      The following dates apply to today’s 
      distribution declarations:
    
    
      
        
          
            Ex-Date
          
        
        
           
        
        
           
        
        
           
        
        
           
        
        
           
        
        
           
        
        
           
        
        
           
        
        
          
            Record Date
          
        
        
           
        
        
           
        
        
           
        
        
           
        
        
           
        
        
           
        
        
           
        
        
           
        
        
          
            Payable Date
          
        
      
      
        
          May 1, 2008
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
          May 5, 2008
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
          May 7, 2008
        
      
    
    
      
        
          
            FUND
          
        
        
           
        
        
           
        
        
          Ticker
        
        
           
        
        
           
        
        
          
            Distribution
          
          
            Frequency
          
        
        
           
        
        
           
        
        
          
            Distribution Amount
          
          
            Per Share
          
        
      
      
        
          Market Vectors-Lehman Brothers
        
        
        
        
        
        
        
        
           
        
        
           
        
        
        
        
           
        
        
           
        
        
        
      
      
        
          AMT-Free Intermediate Municipal Index ETF
        
        
        
        
        
        
          ITM
        
        
        
        
        
        
          Monthly
        
        
        
        
        
        
          $
        
        
          0.188
        
      
      
        
           
        
      
      
        
          Market Vectors-Lehman Brothers
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
      
      
        
          AMT-Free Long Municipal Index ETF
        
        
        
        
        
        
          MLN
        
        
        
        
        
        
          Monthly
        
        
        
        
        
        
          $
        
        
          0.278
        
      
      
        
           
        
      
      
        
          Market Vectors-Lehman Brothers
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
      
      
        
          AMT-Free Short Municipal Index ETF
        
        
        
        
        
        
          SMB
        
        
        
        
        
        
          Monthly
        
        
        
        
        
        
          $
        
        
          0.030
        
      
    
    
      The majority, and possibly all, of this distribution will be paid out 
      of net investment income earned by the Fund. A portion of this 
      distribution may come from net short-term realized capital gains or 
      return of capital.
    
    
      *Currently, only three ETFs, the Market Vectors-Lehman Brothers 
      AMT-Free Intermediate Municipal Index ETF, Market Vectors-Lehman 
      Brothers AMT-Free Long Municipal Index ETF and the Market Vectors-Lehman 
      Brothers AMT-Free Short Municipal Index ETF are being offered to the 
      public.
    
    
      The amount of dividends paid by each fund may vary from time to time. 
      Past amounts of dividends are no guarantee of future dividend payment 
      amounts.
    
    
      Van Eck does not provide legal, tax or accounting advice. Any 
      statement contained in this communication concerning U.S. tax matters is 
      not intended or written to be used, and cannot be used, for the purpose 
      of avoiding penalties imposed on the relevant taxpayer. Shareholders or 
      potential shareholders of the Market Vectors ETFs should obtain their 
      own independent tax advice based on their particular circumstances.
    
    
      For more complete information about the Market Vectors ETFs, contact 
      your investment representative and request a prospectus or visit www.vaneck.com/etf. 
      Please consider a Fund’s objectives, risks and 
      charges and expenses, and read the prospectus carefully before 
      investing. The prospectus contains this and other information about the 
      Fund.
    
    
      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.
    
    
      Please call 1.888.MKT.VCTR or visit www.vaneck.com/etf 
      for the most recent month-end performance of Market Vectors ETFs. 
      This information will be available no later than seven business days 
      after the most recent month end.
    
    
      Principal Risk Factors: Municipal bonds are subject to risks related 
      to litigation, legislation, political changes, local business or 
      economic conditions, conditions in underlying sectors, bankruptcy or 
      other changes in the financial condition of the issuer, and/or the 
      discontinuance of the taxation supporting the project or assets or the 
      inability to collect revenues for the project or from the assets. 
      Municipal bonds are also subject to credit risk, interest rate risk, 
      call risk, lease obligations and tax risk. The market for municipal 
      bonds may be less liquid than for taxable bonds. There is no guarantee 
      that a fund’s income will be exempt from 
      federal or state income taxes or the alternative minimum tax. Federal 
      or state changes in income or alternative minimum tax rates or in the 
      tax treatment of municipal bonds may make them less attractive as 
      investments and cause them to lose value. Capital gains, if any, 
      are subject to capital gains tax. For a more complete description of 
      these and other risks, please refer to each fund’s 
      prospectus.
    
    
      Fund shares are not individually redeemable and will be issued and 
      redeemed at their NAV only through certain authorized broker-dealers in 
      large, specified blocks of shares called “creation 
      units” and otherwise can be bought and sold 
      only through exchange trading. Creation units are issued and 
      redeemed principally in kind.
    
    
      Investors may call 1.888.MKT.VCTR or visit www.vaneck.com/etf 
      for a free prospectus. They should consider the investment 
      objective, risks, and charges and expenses of Market Vectors ETFs 
      carefully before investing. The prospectus contains this and other 
      information. Please read the prospectus carefully before investing.
    
    
      Van Eck Securities Corporation, Distributor, 99 Park Avenue, New York, 
      NY 10016