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Market Vectors Announces Reverse Share Split Of Seven ETFs

Market Vectors ETF Trust announced today that its Board of Trustees has approved reverse share splits of seven ETFs.

The effective date of the split will be at market open on July 1, 2013. The Funds will continue to trade on the NYSE Arca under their current ticker symbols, but their current CUSIP numbers will be discontinued and the Funds’ new CUSIP numbers will be as follows, effective July 1, 2013.

                             

Market Vectors ETF

    Ticker     Old CUSIP     New CUSIP   Split Ratio
Market Vectors Global Alternative Energy ETF     GEX     57060U407     57061R593   1-for-3
Market Vectors Russia Small-Cap ETF     RSXJ     57060U399     57061R585   1-for-3
Market Vectors Uranium+Nuclear Energy ETF     NLR     57060U704     57061R577   1-for-3
Market Vectors Egypt Index ETF     EGPT     57060U548     57061R569   1-for-4
Market Vectors India Small-Cap Index ETF     SCIF     57060U563     57061R551   1-for-4
Market Vectors Junior Gold Miners ETF     GDXJ     57060U589     57061R544   1-for-4
Market Vectors Rare Earth/Strategic Metals ETF     REMX     57060U472     57061R536   1-for-4
             

The Depository Trust Company (“DTC”), the registered owner of all Fund shares, has been notified of the reverse share splits and has been instructed to adjust each shareholder’s investment accordingly.

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