The SPDR® S&P 500 ETF Trust (NYSE: SPY - News) and the Health Care Select Sector SPDR Fund (NYSE: XLV - News) today announced that the Funds received payment as an authorized claimant from a class action settlement related to UnitedHealth Group Inc.

The total amount payable to each Fund is listed below. When the Funds calculate their net asset value (“NAV”) per share on Wednesday, January 5, 2011, it is estimated that each Fund’s NAV will be impacted by the receipt of the corresponding payment in the amount stated below based on the shares outstanding as of January 3, 2011.
Fund          

SettlementPayment
         

SharesOutstanding as ofJanuary 3, 2011
         

Per ShareAmount

SPDR® S&P500 ETF Trust(ticker: SPY)
          $2,754,178           716,682,116           $0.0038

Health CareSelect SectorSPDR Fund(ticker: XLV)
          $437,724           87,465,324           $0.0050

State Street manages more than $235 billion in SPDR ETF assets worldwide (as of December 31, 2010) and is one of the largest ETF providers in the US and globally.