State Street Global Advisors Selects Celfin Capital to Promote SPDR® ETFs in Latin America’s Andean Region

Tuesday, March 15, 2011 9:30 am EDT

Dateline:

BOSTON

Public Company Information:

NYSE:
STT
US8574771031
"In addition to delivering superior client service to both institutional and individual investors in the Andean region, Celfin brings deep knowledge of local and international markets"

BOSTON--(BUSINESS WIRE)--State Street Global Advisors (SSgA), the asset management business of State Street Corporation (NYSE: STT), today announced that it has entered into an agreement with Celfin Capital, a leading financial service provider in Latin America’s Andean Region, under which Celfin will promote SSgA’s SPDR® exchange traded funds (ETFs).

Recognized as the largest distributor of foreign mutual funds in the region, Celfin will be responsible for promoting SPDR ETFs to institutional investors including pension funds, mutual funds and insurance companies in Chile, Colombia and Peru.

“We are pleased to have been selected to promote the SPDR family of ETFs to our growing client base,” said Alejandro Montero, CEO at Celfin Capital. “As the industry’s pioneer and one of the most recognized brands in the world, SPDR ETFs have undoubtedly transformed investors’ ability to gain efficient exposure to a wide range of sectors, industries, asset classes and geographies through many innovative products. The addition of SPDR ETFs is a great complement to our current offering, and we look forward to a successful collaboration.”

Today, SSgA is one of the largest ETF providers globally with $255 billion in assets as of December 31, 2010* with $2.8 billion** in ETF assets in Latin America as of September 30, 2010.

“In addition to delivering superior client service to both institutional and individual investors in the Andean region, Celfin brings deep knowledge of local and international markets,” said James Ross, senior managing director and global head of SPDR ETFs at State Street Global Advisors. “Our newly formed alliance with Celfin is an important milestone as we continue to expand our SPDR ETF footprint globally to meet investors’ needs.”

About Celfin Capital

Founded in 1988, Celfin Capital is one of Latin America’s leading independent financial services firms. With offices in Chile, Peru and Colombia and over five hundred employees, the firm has four main business areas: investment banking and corporate finance; sales and brokerage; private banking; and asset management. Celfin Capital is in a period of rapid international expansion.

About 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 created the first ETF in 1993. Since then, we’ve sustained our place as an industry innovator through the introduction of many ground-breaking products, including first-to-market launches with gold, international real estate, international fixed income and sector ETFs. For more information, visit www.spdrs.com.

About State Street Global Advisors

State Street Global Advisors (SSgA) is a global leader in asset management. The firm is relied on by sophisticated investors worldwide for its disciplined investment process, powerful global investment platform and access to every major asset class, capitalization range and style. SSgA is the asset management business of State Street, one of the world’s leading providers of financial services to institutional investors.

*Source: SSgA Global Strategy & Research. This AUM includes the assets of the SPDR Gold Trust (approx. $56 billion [as of December 31, 2010]), for which State Street Global Markets, LLC, an affiliate of State Street Global Advisors serves as the marketing agent.

**Source: Latin Asset Management and Deutsche Bank AG. This AUM includes the assets of the SPDR Gold Trust (approx. $28 million [as of September 30, 2010]), for which State Street Global Markets, LLC, an affiliate of State Street Global Advisors serves as the marketing agent.

ETFs trade like stocks, are subject to investment risk, fluctuate in market value and may trade at prices above or below the ETFs net asset value. Brokerage commissions and ETF expenses will reduce returns.

Distributor: State Street Global Markets, LLC, member FINRA, SIPC, 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 Jones Industrial Average, all unit investment trusts and Select Sector SPDRs.

Before investing, consider the funds investment objectives, risks, charges and expenses. To obtain a prospectus or summary prospectus which contains this and other information, call 1-866-787-2257 or visit www.spdrs.com. Read it carefully.

CORP-0295

Contact:

State Street Corporation
Marie McGehee, +1 617-664-1898
or
River Communications
Troy Mayclim, + 914-686-5599

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