State Street : Ultra Low-cost Core ETFs for Diversified Portfolios Registered in Japan

State Street Global Advisors (Japan) Ltd. is providing an enhanced lineup of U.S.-listed (NYSE Arca) SPDR ETFs to Japanese investors through the registration of 19 funds with the Financial Services Authority (FSA). Fourteen of the funds are part of the SPDR Portfolio ETF Series of ultra-low cost funds that the U.S.-based asset manager launched last October. In addition, 5 ETFs that provide investors with exposure to European stocks, U.S. and international fixed income, including an actively managed bond fund, and an equity fund that promotes gender diversity among U.S. companies, will be available for the first time in Japan.

'The addition of 19 funds to our ETF lineup in Japan underscores our commitment to providing Japanese investors with innovative solutions,' commented Takashi Takamura, president of State Street Global Advisors (Japan). 'In particular, products like our gender diversity 'SHE' fund demonstrate our belief in offering socially progressive products to our customers.'

The registration of the 19 ETFs was completed in the second quarter of 2018, and investors will be able to purchase the funds from securities companies who offer the products on their platforms.

'Each fund in the SPDR Portfolio suite is priced very competitively among the ETFs in the category,' said David Collins, head of ETFs at State Street Global Advisors (Japan). 'Some of these changes in price are significant - such as offering Emerging Markets equity exposure at 11 basis points. In addition, these funds have a combined total of over $26 billion in assets (as of June 18, 2018) and trade actively in the U.S.'

The 14^# SPDR Portfolio Series ETFs include:

*SSGA Funds Management, Inc. has contractually agreed to waive its management fee and/or reimburse certain expenses, until October 31, 2018, so that the net annual Fund operating expenses, before application of any fees and expenses not paid by the Adviser pursuant to the Investment Advisory Agreement, if any, are limited to 0.55% of the Fund's average daily net assets.

About SPDR Exchange Traded Funds
SPDR ETFs are a comprehensive family spanning an array of international and domestic asset classes. SPDR ETFs are managed by SSGA Funds Management, Inc., a registered investment adviser and wholly owned subsidiary of State Street Corporation. The funds provide investors with the flexibility to select investments that are precisely aligned to their investment strategy. Recognized as an industry pioneer, State Street created the first US listed ETF in 1993 (SPDR S&P 500® - Ticker SPY) and has remained on the forefront of responsible innovation, as evidenced by 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 http://www.spdrs.jp/index.html

About State Street Global Advisors
For nearly four decades, State Street Global Advisors has been committed to helping financial professionals and those who rely on them achieve their investment objectives. We partner with institutions and financial professionals to help them reach their goals through a rigorous, research-driven process spanning both active and index disciplines. We take pride in working closely with our clients to develop precise investment strategies, including our pioneering family of SPDR ETFs. With trillions* in assets under management, our scale and global footprint provide access to markets and asset classes, and allow us to deliver expert insights and investment solutions.

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

*Assets under management were $2.70 trillion as of March 31, 2018. Please note that AUM totals are unaudited. AUM reflects approx. US$36 billion (as of March 31, 2018) with respect to which State Street Global Advisors Funds Distributors, LLC (SSGA FD) serves as marketing agent; SSGA FD and State Street Global Advisors are affiliated.

Contacts:
Corporate Communications, State Street (Japan)
Tel. +81(3)4530-7105 / E-mail. Japan_Corp_Comms@jp.statestreet.com　

Kreab Japan

Tel. +81(3)5404-0640 / E-mail. StateStreetJapan@kreab.com　

Important Risk Information
ETFs trade like stocks, 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.

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

Non-diversified funds that focus on a relatively small number of securities tend to be more volatile than diversified funds and the market as a whole.

Investments in small-sized companies may involve greater risks than in those of larger, better known companies. Returns on investments in stocks of small companies could trail the returns on investments in stocks of larger companies.

Foreign investments involve greater risks than US investments, including political and economic risks and the risk of currency fluctuations, all of which may be magnified in emerging markets.

Bond funds contain interest rate risk (as interest rates rise bond prices usually fall); the risk of issuer default; issuer credit risk; liquidity risk; and inflation risk.

Some of the funds may contain interest rate risk (as interest rates rise bond prices usually fall); the risk of issuer default; inflation risk; and issuer call risk.

Returns on investments in stocks of large US companies could trail the returns on investments in stocks of smaller and mid-sized companies.

The values of debt securities may decrease as a result of many factors, including, by way of example, general market fluctuations; increases in interest rates; actual or perceived inability or unwillingness of issuers, guarantors or liquidity providers to make scheduled principal or interest payments; illiquidity in debt securities markets; and prepayments of principal, which often must be reinvested in obligations paying interest at lower rates.

Passively managed funds invest by sampling the index, holding a range of securities that, in the aggregate, approximates the full Index in terms of key risk factors and other characteristics. This may cause the fund to experience tracking errors relative to performance of the index.

The trademarks and service marks referenced herein are the property of their respective owners. Third party data providers make no warranties or representations of any kind relating to the accuracy, completeness or timeliness of the data and have no liability for damages of any kind relating to the use of such data.

State Street Global Advisors and SSGA are registered trademarks of State Street Corporation.

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.

Distributor: State Street Global Advisors Funds Distributors, LLC, member FINRA, SIPC, an indirect 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.

Before investing, consider the fund's investment objectives, risks, charges and expenses. To obtain a prospectus or summary prospectus which contains this and other information on SPDR ETFs, visit spdrs.com. Read it carefully.

Not FDIC Insured • No Bank Guarantee • May Lose Value

State Street Global Advisors (Japan) Co., Ltd.
25F Toranomon Hills Mori Tower, 1-23-1 Toranomon, Minato-ku, Tokyo 105-6325, Japan

Japan Financial Instruments Business Operator, Kanto Local Financial Bureau (Kinsho #345) Japan Securities Investment Advisers Association, Investment Trust Association, Japan Securities Dealers' Association

© 2018 State Street Corporation. All Rights Reserved.
Exp. Date: 11/11/2018