Funds investing in a single sector may be subject to more volatility than funds investing in a diverse group of sectors.

In general, streetTRACKS^® can be expected to move up or down in value with the value of the applicable index. Although streetTRACKS shares may be bought and sold on the exchange through any brokerage account, streetTRACKS shares are not individually redeemable from the Fund. Investors may acquire streetTRACKS and tender them for redemption through the Fund in Creation Unit Aggregations only, please see the prospectus for more details.

ETFs trade like stocks, are subject to investment risk and will fluctuate in market value.

Shares of the streetTRACKS funds are not insured by the FDIC or by another governmental agency; they are not obligations of the FDIC nor are they deposits or obligations of or guaranteed by State Street Bank and Trust Company. The streetTRACKS funds pay SSgA Funds Management, Inc. for its services as investment advisor, and State Street Bank and Trust Company for its services as custodian, transfer agent and shareholder servicing agent.

SPDR^® and SPDRs^® are trademarks of The McGraw-Hill Companies, Inc. and have been licensed for use by State Street Bank and Trust Company. The stocks included in each sector index were selected by the compilation agent. Their composition and weighting may differ from that in any similar index published by S&P^®.

The S&P Select Industry Index^TM series is designed to measure the Performance of narrow GICS (Global Industry Classification Standard) sub-industries.

The S&P Select Industry Indices are equal-weighted indices that draw constituents from the respective GICS sub-industries. Liquidity and market capitalization screens are applied to the indices to ensure investability.

Investors should consider the investment objectives, risks, and charges and expenses of the fund carefully before investing. A prospectus which contains this and other information about the fund can be obtained by calling SSgA Advisor Strategies at 877-521-4083, downloading a prospectus now, or talking to your financial advisor. Read the prospectus carefully before investing.

* Several companies represented in the SPDR ETFs are listed on the 2006 FORTUNE 1,000.

streetTRACKS^® is a registered service mark of State Street Corporation.

streetTRACKS are distributed by State Street Global Markets, LLC, member NASD, SIPC.