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American Stock Exchange News Release

ETF Release

Media Contact: Bari Trontz
American Stock Exchange
212-306-8964 /Bari.Trontz@amex.com

 

AMERICAN STOCK EXCHANGE LISTS MARKET VECTORS–LEHMAN BROTHERS AMT-FREE SHORT MUNICIPAL ETF BY VAN ECK

New York, February 26, 2008—February 26, 2008— The American Stock Exchange® (Amex®) today announced that Van Eck Global has launched its seventh ETF on the Exchange: Market Vectors–Lehman Brothers AMT-Free Short Municipal ETF (Amex: SMB).

“We enjoy continuing a partnership with Van Eck as they add new products to their growing family of ETFs,” said Scott Ebner, Senior Vice President of the Amex ETF Marketplace. “SMB provides investors with exposure to investment-grade municipal bonds.”

SMB aims to track the Lehman Brothers AMT-Free Short Continuous Municipal Index, a market size weighted index comprised of publicly traded municipal bonds that cover the U.S. dollar denominated short term tax exempt bond market. The Index has four main sectors: state and local general obligation bonds, revenue bonds, insured bonds, and pre-refunded bonds.

Kellogg Capital Group, LLC is the specialist for SMB.

About American Stock Exchange
The American Stock Exchange® (Amex®) offers trading across a full range of equities, options and exchange traded funds (ETFs), including structured products and HOLDRSSM. In addition to its role as a national equities market, the Amex is the pioneer of the ETF, responsible for bringing the first domestic product to market in 1993. Leading the industry in ETF listings, the Amex lists 380 ETFs to date. The Amex is also one of the largest options exchanges in the U.S., trading options on broad-based and sector indexes as well as domestic and foreign stocks.