SGX-AMEX® ETFS Trade Over USD4 Million On First Day

Singapore Exchange (SGX) is pleased to announce the performance of the five Amex®-listed exchange traded funds (ETFs) which began trading on SGX Securities Trading (SGX-ST) today.

The figures are:

• S&P 500 SPDRs®, USD2,513,801, 20,060 shares
• iSharesSM S&P 500 Index Fund, USD1,257,262, 10,030 shares
• DJIA DIAMONDS, USD567,700, 5,250 shares
• iShares Dow Jones U.S. Technology Sector Index Fund, USD8,375, 130 shares
• iSharesSM MSCI Singapore Index Fund, USD2,220, 400 shares
• Total, USD4,349,358, 35,870 shares

Mr Thomas Kloet, CEO of SGX said, "Today's launch of our new ETF products is a significant event for SGX in our efforts to bring new investment products to our marketplace. While a good deal of work in investor education will still need to be done, the launch itself is the realisation of many months of effort. With foresight and like-minded partners like Amex®, SGX will continue to work towards our long-term vision to bring innovative and exciting products to the Asia Pacific."

Mr Gan Seow Ann, EVP and Head of SGX Securities Trading said, "We are encouraged by the positive response on the first day of trading. We will continue to work closely with the broking community to educate investors on the unique cost-efficient investment opportunities presented by ETFs, and to phase in other ETFs as the market develops."

The SGX-Amex® joint venture creates the first global and fungible trading ETF network that not only offers local and regional investors a low-cost and efficient way to access the important market and sector indices of global and regional interest, but also their first opportunity to trade ETFs across the North American and Asian time zones.