State Street : Global Advisors Launches 10 SPDR ETFs on the Euronext Exchange

Amsterdam - 03 May, 2016- State Street Global Advisors (SSGA), the asset management arm of State Street Corporation (NYSE: STT), today announced that it has launched 10 World Sector SPDR Exchange Traded Funds on the Euronext Exchange.

This launch is combined with a merger of assets from existing French domiciled Global Equity Sector funds.

Drawing on SSGA's experience in sector investing, with approximately $100 billion in global sector assets under management, SPDR ETFs has built the broadest range of physically-replicated sector ETFs in Europe. Investing in sectors enables investors to precisely target the drivers of risk and return, and adjust exposures simply and cost-efficiently, to respond to changes in the economic cycle.

Alexis Marinof, head of SPDR ETFs for Europe, Middle East and Africa (EMEA) commented, 'In the current economic environment, investors would do well to consider a sector rotation strategy. It can add an important layer of diversification and control to multi-asset portfolios.

'By tilting away from the sectors expected to underperform in the short term during periods of economic stress, and towards more resilient sectors, investors can use sector rotation to reduce the impact of volatility on their portfolios. Today, for tactical picks, investors could be looking at better earnings coming from technology companies.'

Portfolio management of these ETFs will be based in Paris, sitting in the same team that has been managing the French domiciled World Sector index funds for the past 15 years.

SSGA is one of the leading ETF providers in the world and offers 99 ETFs in Europe, with $14 billion in assets under management (AUM). SPDR ETFs is the only European provider with a comprehensive and consistent suite of sector funds, totaling 29 ETFs across global, US and European exposures.

About State Street Global Advisors

For nearly four decades, State Street Global Advisors has been committed to helping our clients, and those who rely on them, achieve financial security. We partner with many of the world's largest, most sophisticated investors and financial intermediaries to help them reach their goals through a rigorous, research-driven investment process spanning both indexing and active disciplines. With trillions* in assets, our scale and global reach offer clients unrivalled access to markets, geographies and asset classes, and allow us to deliver thoughtful insights and innovative solutions.

State Street Global Advisors is the investment management arm of State Street Corporation.

*Assets under management were $2 trillion as of March 31, 2016. Please note that AUM totals are unaudited.

This document has been issued by State Street Global Advisors Limited ('SSGA'). Authorised and regulated by the Financial Conduct Authority. Registered No. 2509928. VAT No. 5776591 81. Registered office: 20 Churchill Place, Canary Wharf, London, E14 5HJ. Telephone: 020 3395 6000. Facsimile: 020 3395 6350 Web: www.ssga.com.

SPDR ETFs is the exchange traded funds ('ETF') platform of State Street Global Advisors and is comprised of funds that have been authorised by European regulatory authorities as open-ended UCITS investment companies ('Companies').

SSgA SPDR ETFs Europe I plc issue SPDR ETFs, and is an open-ended investment company with variable capital having segregated liability between its sub-funds. The Company is organised as an Undertaking for Collective Investments in Transferable Securities (UCITS) under the laws of Ireland and authorised as a UCITS by the Central Bank of Ireland.

SSgA SPDR ETFs Europe II plc issue SPDR ETFs, and is an open-ended investment company with variable capital having segregated liability between its sub-funds. The Company is organised as an Undertaking for Collective Investments in Transferable Securities (UCITS) under the laws of Ireland and authorised as a UCITS by the Central Bank of Ireland.

This document is not, and under no circumstances is to be construed as, an offer or any other step in furtherance of a public offering in the United States, Canada or any province or territory thereof, where the Companies are not authorised or registered for distribution and where the Companies' Prospectuses have not been filed with any securities commission or regulatory authority. Neither this document nor any copy hereof should be taken, transmitted or distributed (directly or indirectly) into the United States. The Companies have not and will not be registered under the Investment Company Act of 1940 or qualified under any applicable state securities statutes.

For Investors in France: This document does not constitute an offer or request to purchase shares in the Companies. Any subscription for shares shall be made in accordance with the terms and conditions specified in the complete Prospectuses, the KIIDs, the addenda as well as the Companies' Supplements. These documents are available from the Companies' centralizing correspondent: State Street Banque S.A., 23-25 rue Delariviere- Lefoullon, 92064 Paris La Defense Cedex or on the French part of the site www.spdrseurope.com. The Companies are undertakings for collective investment in transferable securities (UCITS) governed by Irish law and accredited by the Central Bank of Ireland as a UCITS in accordance with European Regulations. European Directive no. 2009/65/CE dated 13 July 2009 on UCITS, as amended, established common rules pursuant to the cross-border marketing of UCITS with which they duly comply. This common base does not exclude differentiated implementation. This is why a European UCITS can be sold in France even though its activity does not comply with rules identical to those governing the approval of this type of product in France. The offering of these compartments has been notified to the Autorité des Marchés Financiers (AMF) in accordance with article L214-2-2 of the French Monetary and Financial Code.

For Investors in Germany: The offering of SPDR ETFs by the Companies has been notified to the Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) in accordance with section 132 of the German Investment Act. Prospective investors may obtain the current sales Prospectuses, the articles of incorporation, the KIIDs as well as the latest annual and semi-annual report free of charge from State Street Global Advisors GmbH, Brienner Strasse 59, D-80333 Munich. Telephone +49 (0)89-55878-400. Facsimile +49 (0)89-55878-440.

Diversification does not ensure a profit or guarantee against loss.

For Investors in Switzerland: This document is directed at qualified investors only, as defined by Article 10(3) of the Swiss Act on Collective Investment Schemes (CISA) and Article 6 of the Swiss Ordinance on Collective Investment Schemes (CISO). Certain of the funds are not registered with the Swiss Financial Market Supervisory Authority (FINMA) which acts as supervisory authority in investment fund matters. Certain of the funds referenced herein have not been authorised by the FINMA as a foreign Collective Investment Scheme under Article 120 of the Collective Investment Schemes Act of June 23, 2006. Accordingly, the shares of these funds may not be offered to the public in or from Switzerland unless they are placed without public solicitation as such term is defined by FINMA from time to time. In relation to those funds which are registered with FINMA, prospective investors may obtain the current sales Prospectuses, the articles of incorporation, the KIIDs as well as the latest annual and semi-annual reports free of charge from the Swiss representative, State Street Fund Management Ltd., Beethovenstrasse 19, 8027 Zurich, from the Swiss paying agent, State Street Bank GmbH Munich, Zurich Branch, Beethovenstrasse 19, 8027 Zurich as well as from the main distributor in Switzerland, State Street Global Advisors AG , Beethovenstrasse 19, 8027 Zurich. Before investing please read the Prospectuses and KIIDs, copies of which can be obtained from the Swiss representative, or at www.spdrseurope.com' www.spdrseurope.com.

For Investors in the UK: The Companies are recognised schemes under Section 264 of the Financial Services and Markets Act 2000 ('the Act') and are directed at 'professional clients' in the UK (within the meaning of the rules of the Act) who are deemed both knowledgeable and experienced in matters relating to investments. The products and services to which this communication relates are only available to such persons and persons of any other description should not rely on this communication. Many of the protections provided by the UK regulatory system do not apply to the operation of the Companies, and compensation will not be available under the UK Financial Services Compensation Scheme.

This document has been issued by State Street Global Advisors Limited ('SSGA'). Authorised and regulated by the Financial Conduct Authority. Registered No. 2509928. VAT No. 5776591 81. Registered office: 20 Churchill Place, Canary Wharf, London, E14 5HJ. Telephone: 020 3395 6000. Facsimile: 020 3395 6350 Web: www.ssga.com.

Exchange traded funds (ETFs) trade like stocks, are subject to investment risk and will fluctuate in market value. The value of the investment can go down as well as up and the return upon the investment will therefore be variable. Changes in exchange rates may have an adverse effect on the value, price or income of an investment. Further, there is no guarantee an ETF will achieve its investment objective.

Investing involves risk including the risk of loss of principal.

This communication is directed at professional clients (this includes eligible counter parties as defined by the Appropriate EU Regulator) who are deemed both knowledgeable and experienced in matters relating

Risks associated with equity investing include stock values which may fluctuate in response to the activities of individual companies and general market and economic conditions.

Because of their narrow focus, sector investing tends to be more volatile than investments that diversify across many sectors and companies.

Standard & Poor's, S&P and SPDR are registered trademarks of Standard & Poor's Financial Services LLC (S&P); Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC (Dow Jones); and these trademarks have been licensed for use by S&P Dow Jones Indices LLC (SPDJI) and sublicensed for certain purposes by State Street Corporation. State Street Corporation's financial products are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates and third party licensors and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability in relation thereto, including for any errors, omissions, or interruptions of any index.

Frequent trading of ETFs could significantly increase commissions and other costs such that they may offset any savings from low fees or costs.

The information provided does not constitute investment advice as such term is defined under the Markets in Financial Instruments Directive (2004/39/EC) and it should not be relied on as such. It should not be considered a solicitation to buy or an offer to sell any investment. It does not take into account any investor's or potential investor's particular investment objectives, strategies, tax status, risk appetite or investment horizon. If you require investment advice you should consult your tax and financial or other professional advisor. All material has been obtained from sources believed to be reliable. There is no representation or warranty as to the accuracy of the information and State Street shall have no liability for decisions based on such information.

You should obtain and read a prospectus and KIID relating to the SPDR ETFs prior to investing. Further information and the prospectus/KIID describing the characteristics, costs and risks of SPDR ETFs are available for residents of countries where SPDR ETFs are authorised for sale, at www.spdrseurope.com and from your local SSGA office.

© 2016 State Street Corporation - All Rights Reserved

Expiration date: 4/30/2017

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