October 28, 2008

ELEMENTS® announces delisting of five currency ELEMENTS® ETNs

The ELEMENTS® exchange-traded note platform announced today the withdrawal of five currency-linked exchange traded notes (the “Securities”) from listing on NYSE Arca due to trading volumes insufficient to support an exchange-traded market. The effective date of the withdrawal, at which point the Securities will no longer be listed on a national securities exchange or quoted on any quotation medium, is expected to be November 17, 2008. The Securities may trade on an over-the-counter basis.

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