Singapore's First Local ETF On The STI To List On 17 April 2002

State Street Global Advisors (SSgA) and Singapore Exchange Limited (SGX) today announced that Singapore's first local Exchange Traded Fund (ETF), the streetTRACKSSM Straits Times Index Fund ("streetTRACKS STI") will be listed and traded on SGX from 17 April 2002.

Investors who wish to acquire units in the streetTRACKS STI will need to do so through their brokers or deal in the manner as set out in the prospectus. The prospectus will be made available when units of the ETF are offered prior to the listing date. Investors will be able to obtain a copy of the prospectus from their brokers or download it from www.streettracks.com.sg.