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Market Vectors Changing Underlying Indexes Of Its Coal ETF (KOL) And Gaming ETF (BJK)

Effective on or about September 21, 2012, the Market Vectors Coal ETF (NYSE Arca: KOL) will begin tracking a new benchmark, the Market Vectors Global Coal Index (MVKOL). At the same time, the Market Vectors Gaming ETF (NYSE Arca: BJK) will also begin tracking a new benchmark, the Market Vectors Global Gaming Index (MVBJK). Both indexes employ the Market Vectors index methodology that focuses on investability. This methodology is shared by the benchmark indexes of several other Market Vector ETFs, including Brazil Small-Cap (BRF), Indonesia (IDX), Junior Gold Miners (GDXJ), Oil Services (OIH), Russia (RSX), Semiconductor (SMH), and Vietnam (VNM).

“We expect that KOL and BJK will become more diversified as a result of these changes,” said Ed Lopez, Marketing Director at Van Eck Global. “They will continue, however, to offer pure play global exposure. Consistent with the Market Vectors index methodology, these indexes have limits on individual holdings which help to avoid overconcentration in a few large holdings.”

Both MVKOL and MVBJK are rules-based, modified-capitalization-weighted, float-adjusted indexes. These indexes seek to track the performance of the largest and most liquid global companies in their respective industries. Each provides 90 percent market coverage of their investable universe based on strict size and liquidity requirements.

The pure-play nature of the two indexes requires that constituent companies must generate at least 50 percent of their revenues from the industry they seek to track. Also, constituents are capped at an 8 percent weighting, a key change from the indexes that had previously served as the funds’ benchmarks.

MVKOL and MVBJK were developed, and are published by Market Vectors Index Solutions GmbH (MVIS), a Germany-based wholly owned subsidiary of Van Eck Associates Corporation. MVIS develops, markets and licenses Market Vectors indexes. In total, approximately $7.0 billion in assets under management are linked to exchange-traded products using Market Vectors indexes, as of June 30, 2012. Detailed information regarding MVIS is available at www.marketvectorsindices.com.

About Market Vectors

Market Vectors exchange-traded products have been offered since 2006 and span many asset classes, including equities, fixed income (municipal and international bonds) and currency markets. The Market Vectors family currently totals $23.6 billion in assets under management, making it the fifth largest ETF family in the U.S. and the eighth largest worldwide as of June 30, 2012.

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