State Street Global Advisors Announces Changes To Indices Of Two SPDR® ETFs

State Street Global Advisors (SSGA), the asset management business of State Street Corporation (NYSE: STT), today announced that the underlying indices tracked by the SPDR Russell 1000 Low Volatility ETF (LGLV) and the SPDR Russell 2000 Low Volatility ETF (SMLV) will be changed, as a result of FTSE Russell's decision to terminate, as of December 16, 2016, the Russell 1000® Low Volatility Index and the Russell 2000 Low Volatility Index.

SSGA is introducing proprietary indices that will replace the two Russell Indexes that are being terminated. Beginning on or about December 14, 2016, the name of the SPDR Russell 1000 Low Volatility ETF (LGLV) will change to the SPDR SSGA US Large Cap Low Volatility Index ETF (LGLV) and LGLV will seek to track the SSGA US Large Cap Low Volatility Index. Also beginning on or about December 14, 2016, the name of the SPDR Russell 2000 Low Volatility ETF (SMLV) will change to the SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV) and SMLV will seek to track the SSGA US Small Cap Low Volatility Index. The gross and net expense ratios of both funds will remain unchanged at 0.12 percent.

"We are excited to leverage our extensive index capabilities, as well as quantitative driven research, to offer an innovative solution for investors who seek to mitigate volatility in an uncertain market," said Nick Good, co-head of the Global SPDR business at State Street Global Advisors. "By self-indexing we can continue to offer proprietary small-and-large cap low volatility ETFs to our current and future SPDR clients."

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 Corporation. 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® - 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 financial professionals and those who rely on them achieve their investment objectives. We partner with institutions and financial professionals to help them reach their goals through a rigorous, research-driven process spanning both active and index disciplines. We take pride in working closely with our clients to develop precise investment strategies, including our pioneering family of SPDR ETFs. With trillions* in assets under management, our scale and global footprint provide unrivaled access to markets and asset classes, and allow us to deliver expert insights and investment solutions.

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