News Releases

Claymore/AlphaShares China Real Estate ETF Lists on NYSE Arca
-231 ETFs Listed with NYSE Group-

NEW YORK, Dec. 18, 2007 –NYSE Euronext (NYSE Euronext: NYX) today announced that the Claymore/AlphaShares China Real Estate ETF listed and began trading on NYSE Arca under the ticker symbol “TAO”.  As the first of its kind to market in the U.S. , Claymore created “TAO” to track the performance of the AlphaShares China Real Estate Index.  The index is designed to measure and monitor the performance of the investable universe of publicly-traded companies and real estate investment trusts deriving a majority of their revenues from the development, management and/or ownership of property in China or the Special Administrative Regions of China, such as Hong Kong and Macau.

Dr. Burton G. Malkiel, AlphaShares, Inc. CIO, notes that China’s economy has accelerated over the past 25 years and as the economy has expanded, demand for real estate has grown as well.  The momentum of China ’s real estate expansion has been fueled by a growing population and rapid urbanization.   As more Chinese residents move from rural areas to the cities to seek greater economic opportunity, the demand for housing and office space is expected to increase dramatically, expanding the real estate marketplace for investors.[1]

"We welcome the Claymore/AlphaShares China Real Estate ETF as the 231ST ETF to make its primary listing on NYSE Group,” said NYSE Group Senior Vice President, Exchange Traded Funds and Indexes, Lisa Dallmer.  “Covering the many areas and aspects of the Chinese real estate marketplace, “TAO” offers customers unique access to Chinese real estate investments.”

Including today’s listings, NYSE Group markets have 231 primary ETF listings and trade all other eligible ETFs on a UTP basis.  Through the first three quarters of 2007, NYSE Group handled 41% of all ETF shares traded in the U.S.  market.   As the largest public liquidity pool for ETF trading, NYSE Group is committed to offering investors the most innovative new investment options with superior pricing and market quality.


About Claymore Securities
Claymore Securities, Inc. is a privately-held financial services company offering unique investment solutions for financial advisors and their valued clients. Claymore entities have provided supervision, management, servicing or distribution on approximately $18.3 billion in assets as of November 30, 2007. Claymore currently offers exchange-traded funds, unit investment trusts and closed-end funds. Claymore Advisors, LLC, an affiliate of Claymore Securities, serves as investment adviser to the Fund.

About AlphaShares
AlphaShares, Inc. is an investment management firm dedicated to providing investors with strategies and products that allow them to participate in China ’s economic boom. The Chief Investment Officer of AlphaShares is world renowned Princeton University economist and author, Dr. Burton G. Malkiel.

About NYSE Euronext
NYSE Euronext, a holding company created by the combination of NYSE Group, Inc. and Euronext N.V., commenced trading on April 4, 2007. NYSE Euronext (NYSE Euronext: NYX) operates the world’s largest and most liquid exchange group and offers the most diverse array of financial products and services.   NYSE Euronext, which brings together six cash equities exchanges in five countries and six derivatives exchanges in six countries, is a world leader for listings, trading in cash equities, equity and interest rate derivatives, bonds and the distribution of market data.  Representing a combined $30.3 trillion/€21.3 trillion total market capitalization of listed companies and average daily trading value of approximately $139 billion/€103 billion (as of September 30, 2007), NYSE Euronext seeks to provide the highest standards of market quality and integrity, innovative products and services to investors, issuers, and all users of its markets. NYSE Euronext is part of the S&P 500 and S&P 100 indexes.

Cautionary Note Regarding Forward-Looking Statements
This press release may contain forward-looking statements, including forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, but are not limited to, statements concerning NYSE Euronext's plans, objectives, expectations and intentions and other statements that are not historical or current facts. Forward-looking statements are based on NYSE Euronext's current expectations and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such forward-looking statements. Factors that could cause NYSE Euronext's results to differ materially from current expectations include, but are not limited to: NYSE Euronext's ability to implement its strategic initiatives, economic, political and market conditions and fluctuations, government and industry regulation, interest rate risk and U.S. and global competition, and other factors detailed in NYSE Euronext’s reference document for 2006 ("document de référence") filed with the French Autorité des Marchés Financiers (Registered on June 6, 2007 under No. R.07-0089), 2006 Annual Report on Form 10-K, as amended, and other periodic reports filed with the U.S. Securities and Exchange Commission or the French Autorité des Marchés Financiers. In addition, these statements are based on a number of assumptions that are subject to change. Accordingly, actual results may be materially higher or lower than those projected. The inclusion of such projections herein should not be regarded as a representation by NYSE Euronext that the projections will prove to be correct. This press release speaks only as of this date. NYSE Euronext disclaims any duty to update the information herein.

The Fund and its Shares are not sponsored, endorsed, sold or promoted by AlphaShares, Inc. (“Licensor”) and its affiliates. Licensor makes no representation or warranty, express or implied, to the shareholders of the Fund or any member of the public regarding the advisability of investing in securities generally or in the Fund particularly or the ability of the Index to track general stock market performance. The Licensor’s only relationship to Claymore Advisors, LLC (“Licensee”) is the licensing of certain trademarks and trade names of AlphaShares and of the Index, which is determined, composed and calculated by Licensor without regard to Licensee or the Fund. Licensor has no obligation to take the needs of the Licensee or the shareholders of the Fund into consideration in determining, composing or calculating the Index. Licensor shall not be liable to any person for any error in the Index nor shall it be under any obligation to advise any person of any error therein.

[1]Burton  G. Malkiel and Patricia A. Taylor, From Wall Street to the Great Wall, 180–1

Contact: Stephanie Scotto
Phone: 212.656.4896