• Director with 20 years experience appointed to ETF Securities’ German sales team
• Sales associate joins UK & Ireland Sales team

ETF Securities Ltd (ETFS), the global pioneer in Exchange Traded Commodities (ETCs) and leading German Issuer of Exchange Traded Commodities, has expanded its sales team with the key appointments of Nigel Longley, who takes the role of Sales Director responsible for the German and Austrian markets. This appointment reflects the rapid growth of ETF Securities’ business in Germany and Austria. ETF Securities is the leading Issuer of Exchange Traded Commodities. ETCs now account for over $500m assets under management in Germany and Austria.

Nigel Longley was previously Head of Corporate Broking at Commerzbank based in Frankfurt with responsibility for a team of five professionals covering German “Mittelstand” (small-/medium-sized) companies. Previous to that he spent 20 years advising international institutional investors on the German equity market for Deutsche Bank & Credit Agricole Cheuvreux among others.

Nigel joins Tim Harvey and Michael Geister as dedicated representatives covering the German and Austrian markets. This is a timely recruitment due to the recent listing of the 66 Short and Leveraged ETCs which are now available on the Deutsche Börse’s XTF segment.

The launch of this new range of ETCs on Deutsche Börse is in response to the strong interest from investors who wish to implement different investment strategies using ETCs. Currently Deutsche Börse’s XTF segment is by far the largest ETF marketplace in Europe and accounts for over 40% of total European trading volume in exchange-traded funds.

ETF Securities have also recruited Rachel Kersey-Brown to the UK & Ireland sales team as a Sales Associate. Rachel Kersey-Brown previously worked in private and structured finance. Rachel holds a BSc Hons degree from Leeds University. ETF Securities now offers more than 120 ETCs which give investors greater choice to implement different investment strategies with the choice of physical, long, forward, leveraged and short exposure to a wide range of commodity sectors. ETCs are simple to access as they are traded in three currencies (Euros, USD and Sterling) and listed on five major European Exchanges including the London Stock Exchange, Euronext Paris, Euronext Amsterdam, Deutsche Börse and Borsa Italiana. Each Exchange has created unique ETC trading segments resulting in trading volumes exploding by 500% to between $600 and $800 million per week. ETF Securities now has over $5.9 billion in assets, up from $1bn in June 2007.

Commenting on the further growth of the team, Hector McNeil, Head of Sales and Marketing, said:

“Gathering $5.9bn in assets in such a short time is simply staggering. It clearly shows that ETF Securities has developed the right products at the right time. We are very excited by this growth.

“Nigel Longley is a key hire for ETF Securities. He brings a wealth of sales and marketing and commodities experience to the teams. These hires show our commitment to the German and Austrian, markets where we have significant take up of ETCs across all investor classes. Nigel has a superb background having worked at a very senior level for over 20 years in Frankfurt. We believe the German speaking sales team is the best sales team of any Issuer!”

For further information, please contact:

Julian Rea
CitySavvy
+44 207 395 1000

Notes to editors:

The management of ETF Securities Limited pioneered the development of Exchange Traded Commodities (ETCs), in 2003. Building on its success ETF Securities created the world’s first entire ETC platform which was listed on the London Stock Exchange in September 2006. Since then, ETF Securities has listed its ETCs on Europe’s major exchanges (Frankfurt, Paris, Amsterdam and Italy) with each exchange creating a separate ETC segment. With Classic, Forward, Short and Leveraged ETCs available, investors can execute most trading and investment strategies previously not possible.

To learn more about ETF Securities go to: www.etfsecurities.com

This press release does not constitute or form part of any offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe for, any transferable securities to be issued by ETFS Commodity Securities Limited or any other securities, nor shall it or any part of it nor the fact of its distribution form part of or be relied on in connection with any contract or investment decision relating thereto. Any offer, invitation or solicitation shall be made solely by means of the prospectus and recipients of this advertisement who are considering a purchase of securities following distribution of the prospectus in connection therewith are reminded that any such purchase should be made solely on the basis of the information contained in such prospectus and any supplementary prospectus(es). This advertisement does not constitute any recommendation regarding the securities of ETFS Commodity Securities Limited.

The communication of this press release is not being made by, and this press release has not been approved by, an authorised person for the purposes of section 21 of the Financial Services and Markets Act 2000 (the “FSMA”). Accordingly this press release is not being distributed to, and must not be passed on to, the general public in the United Kingdom. The communication of this press release or any other document issued in connection with the offer and sale of the ETCs is only being made to and directed at those persons in the United Kingdom falling within the definition of Investment Professionals (as defined in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”), or high net worth entities, and other persons to whom it may otherwise lawfully be communicated, falling within Article 49(1) of the Order or any person to whom it may otherwise lawfully be made (all such persons together being referred to as “relevant persons”). The communication of this press release (or any other document issued in connection with the offer and sale of the ETCs) must not be acted upon or relied upon by persons who are not relevant persons. Persons distributing this press release must satisfy themselves that it is lawful to do so. All applicable provisions of the FSMA must be complied with in respect of anything done in relation to the ETCs in, from or otherwise involving the United Kingdom.

This is not an offer of securities for sale in the United States. Securities issued by Commodity Securities Limited (“ Securities”) have not been and will not be registered under the US Securities Act or any other applicable law of the United States. These Securities are being offered and sold only outside the United States to non-US persons in reliance on the exemption from registration provided by Regulation S of the US Securities Act. The Issuer has not been and does not intend to become registered as an investment company under the Investment Company Act and related rules. These Securities and any beneficial interest therein may not be reoffered, resold, pledged or otherwise transferred in the United States or to US persons. If the Issuer determines that any Security Holder is a Prohibited US Person (being a US Person who is not a "qualified purchaser" as defined in the Investment Company Act), the Issuer may redeem the Securities held by that Security Holder in accordance with the provisions described in the Prospectus. The Securities may not be purchased with plan assets of any "employee benefit plan" within the meaning of section 3(3) of the United States Employee Retirement Income Security Act of 1974, as amended ("ERISA"), any "plan" described in section 4975(e)(1) of the United States Internal Revenue Code of 1986, as amended (the "Code") or any entity whose underlying assets include "plan assets" of any of the foregoing by reason of an employee benefit plan's or other plan's investment in such entity, which employee benefit plan, plan or entity is subject to Title I of ERISA or section 4975 of the Code or any United States Federal, state, or local law or non-United States law that is substantially similar to the prohibited transaction provisions of section 406 of ERISA or section 4975 of the Code (any such employee benefit plan, plan or entity, a "Prohibited Benefit Plan Investor"). If the Issuer determines that any Security Holder is a Prohibited Benefit Plan Investor, the Issuer may redeem the Securities held by that Security Holder in accordance with the provisions described in the Prospectus relating to those Securities."

“Dow Jones,” “AIG®” “Dow Jones-AIG Commodity Index^SM,” “DJ-AIGCI^SM”, “Dow Jones-AIG Commodity 3-Month Forward Index” are service marks of Dow Jones & Company, Inc. and American International Group, Inc. (“American International Group”), as the case may be, and will be licensed for use for certain purposes by ETF Securities Ltd. ETCs based on the DJ-AIGCI^SM or related subindices (including single commodity sub-indices) or 3-Month Forward Indexes are not sponsored, endorsed, sold or promoted by Dow Jones, AIG Financial Products Corp. (“AIG-FP”), American International Group, or any of their respective subsidiaries or affiliates, and none of Dow Jones, AIGFP, American International Group, or any of their respective subsidiaries or affiliates, makes any representation regarding the advisability of investing in such product(s).

To obtain a copy of the prospectus please visit the website at www.etfsecurities.com