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State Street Global Advisors Lowers Fees on 41 SPDR(R) ETFs

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State Street Global Advisors (SSGA), the asset management business of State Street Corporation (NYSE:STT) , today announced that it has lowered the management fees on 41 SPDR exchange-traded funds (ETFs), including those investing in a wide range of international and domestic asset classes, effective immediately.

“Competitive pricing is a core benefit to the SPDR ETF value proposition that dates back to the launch of the SPDR S&P 500 ETF in 1993,” said James Ross, executive vice president and global head of SPDR Exchange Traded Funds at State Street Global Advisors. “Affordable ratios are key components of our commitment to providing cost-effective investment solutions that are backed by SSGA’s expertise, services and support.”

The changes are part of a continuous review process to identify improvements that are beneficial to investors.

“Our primary focus is on helping investors build stronger portfolios while positioning SPDR ETFs for long-term growth,” continued Ross. “Investors should look beyond a fund’s expense ratio to fully understand its total cost of ownership.”

For more information on determining the total cost of ETF ownership, download a copy of ETF Pricing: Determining the True Cost of Ownership.

SPDR ETFs Expense Ratio Changes

SPDR ETF Ticker

Previous Gross
Expense Ratio

New Gross
Expense Ratio*

SPDR Barclays Aggregate Bond ETF LAG 0.21 0.10
SPDR Barclays Intermediate Term Treasury ETF ITE 0.14 0.10
SPDR Barclays Short Term Treasury ETF SST 0.12 0.10
SPDR Barclays Long Term Treasury ETF TLO 0.14 0.10
SPDR Barclays Intermediate Term Corp Bond ETF ITR 0.15 0.12
SPDR Russell 1000 Low Volatility ETF LGLV 0.20 0.12
SPDR Barclays Long Term Corp Bond ETF LWC 0.15 0.12
SPDR S&P 1500 Momentum Tilt ETF MMTM 0.35 0.12
SPDR Barclays Short Term Corp Bond ETF SCPB 0.13 0.12
SPDR Russell 2000 Low Volatility ETF SMLV 0.25 0.12
SPDR S&P 1500 Value Tilt ETF VLU 0.35 0.12
SPDR Barclays TIPS ETF IPE 0.19 0.15
SPDR S&P 400 Mid Cap Growth ETF MDYG 0.25 0.15
SPDR S&P 400 Mid Cap Value ETF MDYV 0.25 0.15
SPDR S&P 600 Small Cap ETF SLY 0.20 0.15
SPDR S&P 600 Small Cap Growth ETF SLYG 0.25 0.15
SPDR S&P 600 Small Cap Value ETF SLYV 0.25 0.15
SPDR S&P 500 Growth ETF SPYG 0.20 0.15
SPDR S&P 500 Value ETF SPYV 0.20 0.15
SPDR Russell/Nomura PRIME Japan ETF JPP 0.50 0.30
SPDR Russell/Nomura Small Cap Japan ETF JSC 0.55 0.40
SPDR Morgan Stanley Technology ETF MTK 0.50 0.35
SPDR S&P International Small Cap ETF GWX 0.59 0.40
SPDR S&P International Consumer Discretionary Sector ETF IPD 0.50 0.40
SPDR S&P International Financial Sector ETF IPF 0.50 0.40
SPDR S&P International Technology Sector ETF IPK 0.50 0.40
SPDR S&P International Industrial Sector ETF IPN 0.50 0.40
SPDR S&P International Consumer Staples Sector ETF IPS 0.50 0.40
SPDR S&P International Utilities Sector ETF IPU 0.50 0.40
SPDR S&P International Energy Sector ETF IPW 0.50 0.40
SPDR S&P International Materials Sector ETF IRV 0.50 0.40
SPDR S&P International Health Care Sector ETF IRY 0.50 0.40
SPDR S&P International Telecommunications Sector ETF IST 0.50 0.40
SPDR S&P BRIC 40 ETF BIK 0.50 0.49
SPDR S&P Emerging Markets Dividend ETF EDIV 0.59 0.49
SPDR MSCI EM Beyond BRIC ETF EMBB 0.55 0.49
SPDR S&P Emerging Middle East & Africa ETF GAF 0.59 0.49
SPDR S&P Emerging Asia Pacific ETF GMF 0.59 0.49
SPDR S&P Emerging Latin America ETF GML 0.59 0.49
SPDR S&P Emerging Europe ETF GUR 0.59 0.49
SPDR Barclays International Corporate Bond ETF IBND 0.55 0.50

*All expense ratios are as of the most recent prospectus. Generally, expense ratios are backward-looking, meaning they are based on actual operating expenses reported from the prior fiscal year.

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 Bank and Trust Company. 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(R) – 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 www.spdrs.com.

About State Street Global Advisors

For nearly four decades, State Street Global Advisors has been committed to helping our clients, and the millions 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 unrivaled 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 $2.45 trillion as of December 31, 2014. This AUM total includes the assets of the SPDR Gold Trust (approx. $27.3 billion as of December 31, 2014), for which State Street Global Markets, LLC, an affiliate of State Street Global Advisors, serves as the marketing agent. Please note that AUM totals are unaudited.

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.

The gross expense ratio is the fund’s total annual operating expenses ratio. It is gross of any fee waivers or expense reimbursements. It can be found in the fund’s most recent prospectus.

“SPDR” is a registered trademark of Standard & Poor’s Financial Services LLC (“S&P”) and has been licensed for use by State Street Corporation. STANDARD & POOR’S, S&P, S&P 500 and S&P MIDCAP 400 are registered trademarks of Standard & Poor’s Financial Services LLC. No financial product offered by State Street Corporation or its affiliates is sponsored, endorsed, sold or promoted by S&P or its affiliates, and S&P and its affiliates make no representation, warranty or condition regarding the advisability of buying, selling or holding units/shares in such products. Further limitations and important information that could affect investors’ rights are described in the prospectus for the applicable product.

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.

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, download a prospectus or summary prospectus now, or talk to your financial advisor. Read it carefully before investing.

Not FDIC Insured * No Bank Guarantee * May Lose Value

CORP-1289

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