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SPDR ® ETF Announces Additional Information On Treatment Of Weyerhaeuser Company Special Dividend

As previously announced on August 19, 2010 and August 4, 2010, SPDR® S&P 500 ETF Trust (NYSE: SPY), The Materials Select Sector SPDR® Fund (NYSE: XLB), SPDR® Dow Jones Large Cap ETF (NYSE: ELR), SPDR® Dow Jones Large Cap Value ETF (NYSE: ELV) and SPDR® Dow Jones Total Market ETF (NYSE: TMW) (collectively, the “SPDR Funds”), as record holders of Weyerhaeuser Company (NYSE: WY), do not intend to make a special dividend payment reflecting the amounts received from the Weyerhaeuser Company special dividend. The amounts received from Weyerhaeuser Company will be reflected as part of each SPDR ETFs’ scheduled dividend payments.

S&P 500 ETF Trust (NYSE: SPY) has elected the “STOCK” option. The Materials Select Sector SPDR® Fund (NYSE: XLB), SPDR® Dow Jones Large Cap ETF (NYSE: ELR), SPDR® Dow Jones Large Cap Value ETF (NYSE: ELV) and SPDR® Dow Jones Total Market ETF (NYSE: TMW) have elected the ‘CASH” option. The details of each option are available in Weyerhaeuser Company’s prospectus supplement filed with the Securities and Exchange Commission on July 13, 2010. Although several SPDR Funds elected the CASH option, it is expected that each SPDR Fund electing CASH will receive a mix of cash and WY stock. The ratio of cash and stock is not available at this time but, under the terms, up to 90% of the dividend could be paid in WY stock. Each SPDR Fund intends to retain the newly-issued WY securities unless its underlying index does not increase the WY weightings on or around the pay date of the distribution. The applicable index providers may not immediately increase the WY proportionately, and therefore the SPDR Funds may be over weight in WY versus their index for a short period.

The full amount of the Weyerhaeuser Company special dividend is anticipated to be included in the income dividend distribution scheduled for September regardless of the SPDR Fund’s election and the final allocation between stock and cash of the dividend payment.

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