SPDR FTSE Greater China ETF (3073) Precise in a world that isn t.

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1 The objective of the SPDR FTSE Greater ETF (the Fund ) is to provide investment returns, before fees and expenses, that closely correspond to the performance of the FTSE Greater HKD Index (the Underlying Index ). Investment involves risk. The Underlying Index may experience periods of volatility and decline and the price of units of the Fund ( Units ) is likely to vary or decline accordingly. As the Fund is not actively managed, the Manager will not seek a performance that beats the Underlying Index it tracks or adopt a temporary defensive position when there is a decline in such index. Unless you have entered into a separate agreement with the Manager and other relevant parties, Units can generally only be redeemed in specie (or substantially in specie) through Authorized Participants in large multiples of Redemption Unit blocks. There can be no assurance that active trading of Units will continue to develop on the Stock Exchange of Hong Kong Limited ("SEHK"), and the trading price of Units on the SEHK may differ from the Net Asset Value per Unit. The Fund invests in securities markets that are considered to be emerging markets, which may be subject to special risks including risks relating to liquidity, price volatility, foreign exchange fluctuations and controls, availability of information, taxation, higher operational costs, settlement, less developed legal and regulatory regimes, differing accounting and disclosure standards, government interference, and social, economic and political uncertainties. The investments of the Fund may be concentrated in securities of a single or several issuers, an industry or group of industries, or in a particular jurisdiction or market. Changes in the financial condition of an issuer, or changes in specific or general economic or political conditions that affect such issuer, industry, jurisdiction or market may adversely affect the value of securities resulting in price volatility and a negative impact on the securities held by the Fund. The Fund may not be suitable for all investors and you may lose part or all of your investment. Investors should not invest based on this marketing material only. Investors should consider the relevant product features, their own investment objectives, risk tolerance level and other circumstances and seek independent financial and professional advice as appropriate before making any investment decision. SPDR FTSE Greater ETF (3073) Precise in a world that isn t.

2 SPDR FTSE Greater ETF Greater : three markets, one easy access point. Why invest in Greater? Three key reasons to invest in Greater :, Hong Kong and each have their own unique strengths and advantages which, when combined, generate many vital synergies. Favorable policies and agreements on trade relations between, Hong Kong and will further enhance the co-operation between the three economies. Stock markets in and Hong Kong have the potential to greatly benefit from s Qualified Domestic Institutional Investor (QDII) scheme. Why invest through an Exchange Traded Fund (ETF)? ETFs offer many advantages over traditional mutual funds: Tradability Cost efficiency Transparency Diversification Easy and convenient to buy and sell during trading hours, just like stocks Lower management fees and trading costs than traditional open-ended investment funds Constituent stocks which make up the Index are publicly available A single purchase allocates your investment across the underlying assets

3 About the Fund Investment objective The SPDR FTSE Greater ETF s ("Greater ETF") investment objective is to provide investment returns before fees and expenses that closely correspond to the performance of the FTSE Greater HKD Index ("Index"). The Manager seeks to achieve this investment objective by directly investing all, or substantially all, of the Greater ETF s assets in Index securities in substantially the same weightings as they appear in the FTSE Greater HKD Index. About the Index 1 The FTSE Greater HKD Index was launched on 24 May 2010, which is the Hong Kong dollar version of the FTSE Greater Index (which was launched on 30 June 2000) and is derived from the FTSE All-World Index Series. The FTSE All-World Index Series was launched in 1987 and aggregates approximately 2,700 large and mid cap stocks, covering 90-95% of the investable market capitalization. Country breakdown 27.62% 40.42% Red Chip 11.64% H Shares 27.40% B Shares 1.38% Fund details Stock code 3073 Exchange Fund manager Trustee Listing date 20 September 2010 Index Board lot 200 Base currency Management fee Dividend policy Creation/ Redemption unit Index performance The Stock Exchange of Hong Kong Limited (SEHK) State Street Global Advisors Asia Limited HSBC Institutional Trust Services (Asia) Limited FTSE Greater HKD Index Hong Kong Dollar 0.28% per annum Semi-annually at the manager's discretion (June and December each year) 500,000 Units (or whole multiples) As at 31 August 2010, the Index had a net market capitalization of HKD10.59 trillion and comprises 353 large and mid cap stocks, providing coverage of the investable Greater region. Index value (31 Dec 2009= ) Top ten holdings Performance chart 1600 Dec-2009 Jan-2010 Feb-2010 Mar-2010 April-2010 May-2010 Jun-2010 Jul-2010 Aug-2010 Constituent name Country Industry Weight (%) Hong Kong 31.95% Industry breakdown Financials 35.22% Consumer services 4.01% Consumer goods 7.73% Basic materials 8.23% Healthcare 0.20% Industrials 14.79% Oil and gas 5.92% Technology 13.32% Telecommunications 7.07% Utilities 3.52% Mobile (Red Chip) Telecommunications 4.49 Construction Bank (H) Financials 4.09 Semiconductor Manufacturing Industrial and Commercial Bank of (H) Technology 3.48 Financials 3.32 Hon Hai Precision Industry Industrials 2.47 CNOOC (Red Chip) Oil & gas 2.27 Bank of (H) Financials 2.10 Life Insurance (H) Financials 2.09 Sun Hung Kai Properties Hong Kong Financials 1.98 Hutchison Whampoa Hong Kong Industrials 1.74

4 Greater Economy A huge export-led economy with an immense workforce which is becoming increasingly consumption-oriented as their wealth continues to grow. Key driving forces Since joined the World Trade Organization (WTO) in 2001, inflows into have surged. In 2009, foreign direct investment (FDI) represented more than 40% of the country s Gross Domestic Product (GDP). s GDP has increased tenfold since This massive GDP growth has propelled to become one of the largest economies in the world. Despite the recent global economic turmoil, s GDP growth in 2009 remained at an adjusted high level of 8.7% 2. holds the largest foreign exchange reserve fund in the world, over US$2 trillion 2, which provides the resources to maintain a stable economy. 's GDP (Real growth rate) Percentage Private consumption as percentage of world s consumption 3 US$bn Year Despite various public projects funded by the central government, s public debt remains among one of the lowest in the world Year Continuing migration from rural to urban means that disposable income will continue to rise and drive consumption. Further opening of s markets to and Hong Kong will enhance financial co-operation and in turn encourage trading. household income growth 2004 vs Household income (RMB per month) 40,000 35,000 30,000 25,000 20,000 15,000 10,000 5,000 0 Bottom 20% 20-40% 40-60% 60-80% 80-90% Top 10% % change (%) Key dates for the Greater market 4 Deng Xiaoping announces the concept of Socialism with Chinese characteristics Special Economic Zones set up in southern Hong Kong s handover to under the principle of One Country, Two Systems Closer Economic Partnership Arrangement (CEPA) signed between Hong Kong and Kuomintang (KMT) party wins s presidential elections. President Ma Ying-Jeou adopts a more open policy with Hong Kong Monetary Authority and People s Bank of sign a RMB200 billion three-year currency agreement Start of regular direct flights between and. Mobile plans 12% stake in s Far East Mobile 1979 August 1980 July 1997 June 2003 March 2008 January 2009 April 2009

5 Hong Kong Vast experience in global financial services and logistical expertise. Key driving forces Impact of Qualified Domestic Institutional Investor (QDII) funds on the Hong Kong stock market: more than one third of companies listed on the Hong Kong Stock Exchange are now Chinese-controlled and account for 60% of the exchange s total market capitalization, underpinning Hong Kong s role in the economic development of. Free market economy in which international trade and finance, backed by rigorous regulatory and legal systems, play a key role in overall wealth and prosperity. Total Chinese spending as percentage of Hong Kong's total retail sales 5 overnight tourists spending as % of total retail sales overnight tourists spending YoY % growth Huge influx of Chinese visitors under the Individual Visit Scheme (IVS) as Chinese tourists now account for nearly 20% of all total retail sales in Hong Kong 5. Well-established, global leader in advanced technology development and manufacturing. Key driving forces Transformation from an agricultural economy into one of the world s leading producers of high-tech products. After the Kuomintang (KMT) regained political power in 2008, underwent a liberalization that resulted in an increasing amount of economic activity with. s top trading partners include (ranked no. 1) and Hong Kong (ranked no. 4) 6. With the world's 5 th highest foreign exchange reserves 2, is strongly positioned to bolster exports. 's top trading partners as of 31 December Country Amount (US$bn) % of 's trade Japan USA Hong Kong Korea Singapore Germany Saudi Arabia Malaysia Australia is allowed to participate in WHO meetings Endorsement by of a Haixi Economic Zone in Fujian province ese and Hong Kong authorities sign an agreement to facilitate cross-border listing of ETFs First issue of Renminbi sovereign bonds in Hong Kong signs a financial services pact with and paves the way for an Economic Cooperation Framework Agreement (ECFA) opens a tourist office in Beijing, matched by a tourist office in Taipei April 2009 May 2009 May 2009 September 2009 November 2009 May 2010

6 Greater s Critical Synergies As co-operation between the three territories continues to grow, there will be more opportunities to realize and capture the true potential of this dynamic region. Over the last few years,, Hong Kong and have set frameworks such as the Closer Economic Partnership Agreement (CEPA) and the Economic Cooperation Framework Agreement (ECFA) that facilitate opportunities for the expansion of cross-border trade among them. The introduction of CEPA and RMB settlement has resulted in substantial increase in capital flows between and Hong Kong. With ECFA signed in June 2010, and should now benefit from the same synergies. Each territory within the Greater region has its own unique characteristics and strengths. Together, they build on each other s unique qualities to create a greater investment opportunity. Keys to success in the Greater region 1. Economic and investment co-operation Favorable trade agreements have expanded the relationship between the three territories and enhanced trade relations. Reinforced by improved transport and communications links, this has allowed Hong Kong and ese businesses to take advantage of lower labor costs in. 2. Consumption While and Hong Kong have seen consistent growth in consumption for several decades, until only recently has lagged as more emphasis had been put on saving for the future. As Chinese incomes continue to rise, domestic consumption is expected to become one of the major economic drivers and reduce s dependency on being an export-led economy. 3. Tourism With the improved political climate and the loosening of travel constraints, large numbers of travellers from are now visiting Hong Kong and and spending their increasing wealth. Fast facts 7 Greater Economy GDP Growth FDI Growth Export Growth Retail Sales Growth US$1 trillion in 2004 US$1.5 trillion in % +45% +50% +16% in 2009 (y.o.y. as of June 2009) (accumulated growth in ) (y.o.y. as of December 2009)

7 Benefits associated with ECFA and have signed the ECFA in Chongqing, on 29 June 2010 and the agreement will be effective beginning 1 January Petrochemicals, Machine Tools, Steel, Auto, and Financial sectors will all be initial beneficiaries when ECFA becomes effective. Under the ECFA, tariffs on 539 ese export items and 267 Chinese export items will be eliminated by the end of Tariff cut items agreed by for exports to 8 Industry category Number of items Export value (US$bn) % of 2009 export value, to Agricultural product Petrochemical product Machinery product Textile product Transport equipments Other industry Total Tariff cut items agreed by for exports to 8 Industry category Number of items Export value (US$bn) % of 2009 export value, to Petrochemical product Machinery product Textile product Transport equipments Other industry Total Market Turnover Volume Growth Hong Kong -1% 74% 31% (y.o.y. as of 31 December 2009) Market Capitalization Growth Hong Kong 86% 73% 89% (y.o.y. as of 31 December 2009) Hong Kong P/E Forecast 15.6X 13.0X 13.4X (as of 28 May 2010)

8 About State Street Global Advisors About SPDR ETFs Offered by State Street Global Advisors, SPDR ETFs are a family of exchange traded funds that provide investors with the flexibility to select investments that are precisely aligned to their investment strategy. Recognized as an industry pioneer, State Street Global Advisors manages more than US$200B of ETF assets worldwide 9. State Street Global Advisors (SSgA) is a global leader in asset management that sophisticated institutions worldwide rely on. Our world-class operational platform allows us to share with clients the best ideas and points of view from experts around the globe. This also brings our clients the potential benefits of liquidity, cost effectiveness and investment precision. Advanced research A dedicated asset class research, embedded in our equity, fixed income and asset allocation teams, supports the investment processes of our active and passive strategies. Refined and robust investment platform A unique ability to combine a disciplined investment process with a sophisticated platform provides more consistent investment results. In addition, our trading desk can move large volumes of securities through an array of private and public markets providing further liquidity and bid/ask spread advantages to our clients. Indexing leadership At the forefront of indexing strategies, our techniques provide clients with more ways to implement their investment decisions. After pioneering the development of ETFs in 1993, we have become an ETF leader with one of the broadest ranges of ETFs in the industry. SSgA at a glance US$1.8 trillion in assets under management 10 World s 2 nd largest passive manager 11, with more than US$1.3 trillion in passive assets under management For more information about our ETFs or how to invest, please visit 12 or call customer hotline (852) Source: FTSE Group as of 31 August, 2010; 2 Source: CIA The World Factbook as of 31 December 2009; 3 Source: Credit Suisse Consumer Survey - Consumption Jump as of 8 January 2010; 4 Source: Various press, Nomura Global Economics, Nomura International (Hong Kong) Ltd; 5 Source: Hong Kong Statistics, CLSA Asia-Pacific Markets as of December 2009; 6 Source: Ministry of Finance, CLSA Asia-Pacific Markets; 7 Source: Bloomberg; CEIC; International Monetary Fund; National Bureau of Statistic of ; Nomura; 8 Source: Ministry of Economic Affairs ; Bloomberg as of 30 June 2010.; 9 SSgA Strategy and Research Group as of 30 June 2010; 10 SSgA as 30 June 2010; 11 Pension & Investment - 21 September, 2009; 12 This website is not authorized by the Securities and Futures Commission ("SFC") and it may contain information relating to the investment funds which are not authorized by SFC. This brochure is issued by State Street Global Advisors Asia Limited ("SSgA Asia") and has not been reviewed by the Securities and Futures Commission of Hong Kong. It may not be reproduced, distributed or transmitted to any person without express prior permission. This brochure and the information contained herein may not be distributed and published in jurisdictions in which such distribution and publication is not permitted. Nothing in this document constitutes investment advice and should not be relied upon as such. Investment involves risk. The value of units in the SPDR FTSE Greater ETF (the Fund ) may fall or rise. Past performance of the Fund is not indicative of future performance. Distributions from the Fund are contingent on dividends paid on underlying investments of the Fund and are not guaranteed. Listing of the Fund on the SEHK does not guarantee a liquid market for the units and the Fund may be delisted from SEHK. Investors should read the Fund s prospectus for further details including the risk factors. The Fund s prospectus is available from SSgA Asia or can be downloaded from "SPDR is a trademark of Standard & Poor s Financial Services LLC ( S&P ) and has been licensed for use by State Street Corporation. No financial product offered by State Street Corporation or its affiliates is sponsored, endorsed, sold or promoted by S&P or its affiliates, and S&P and its affiliates make no representation, warranty or condition regarding the advisability of buying, selling or holding units/ shares in such products. Standard & Poor s, S&P, SPDR and S&P 500 have been registered in many countries as trademarks of Standard & Poor s Financial Services LLC and have been licensed for use by State Street Corporation. Further limitations and important information that could affect investors' rights are described in the Fund's prospectus for the applicable product. FTSE, FT-SE, Footsie, FTSE4Good and techmark are trade marks jointly owned by the London Stock Exchange Plc and The Financial Times Limited and are used by FTSE International Limited ( FTSE ) under licence. All-World, All-Share and All- Small are trade marks of FTSE. The FTSE Greater HKD Index is calculated by FTSE. FTSE does not sponsor, endorse or promote this product and is not in any way connected to it and does not accept any liability in relation to its issue, operation and trading. All copyright and database rights in the index values and constituent list vest in FTSE. State Street Global Advisors Asia Limited has obtained full licence from FTSE to use such copyrights and database rights in the creation of this product State Street Corporation All rights reserved