State Street Global Advisors Announces Impact of SPDR® S&P® Biotech ETF's Receipt of Settlement Payment

State Street Global Advisors announced today that the SPDR® S&P® Biotech ETF (NYSE: XBI-News) received payment as an authorized claimant from a class action settlement related to Celera Corporation (NYSE: DGX).1

The total payment to be received by the Fund is listed below. When the Fund calculates its net asset value (“NAV”) per share on Tuesday, August 16, 2016, it is estimated that the Fund’s NAV will be impacted in the amounts stated below based on shares outstanding as of August 12, 2016.

FundPayment Amount

Shares Outstanding as of May
2, 2016

Per Share Impact
SPDR® S&P Biotech ETF (XBI) $669,862.77 37,450,000 $0.0179

SSGA manages approximately $452 billion in SPDR ETF assets worldwide (as of June 30, 2016) and is one of the largest ETF providers in the US and globally.

1 In May 2011, Celera Corporation (NASDAQ: CRA) was acquired by Quest Diagnostics Inc (NYSE: DGX)

About SPDR Exchange Traded Funds

SPDR ETFs are a comprehensive family spanning an array of international and domestic asset classes. SPDR ETFs are managed by SSGA Funds Management, Inc., a registered investment adviser and wholly owned subsidiary of State Street Corporation. The funds provide investors with the flexibility to select investments that are precisely aligned to their investment strategy. Recognized as an industry pioneer, State Street created the first US listed ETF in 1993 (SPDR S&P 500® – Ticker SPY) and has remained on the forefront of responsible innovation, as evidenced by the introduction of many ground-breaking products, including first-to-market launches with gold, international real estate, international fixed income, and sector ETFs. For more information, visit www.spdrs.com.

About State Street Global Advisors

For nearly four decades, State Street Global Advisors has been committed to helping our clients, and those who rely on them, achieve financial security. We partner with many of the world’s largest, most sophisticated investors and financial intermediaries to help them reach their goals through a rigorous, research-driven investment process spanning both indexing and active disciplines. With trillions* in assets, our scale and global reach offer clients access to markets, geographies and asset classes, and allow us to deliver thoughtful insights and innovative solutions.

State Street Global Advisors is the investment management arm of State Street Corporation.

*Assets under management were $2.3 trillion as of June 30, 2016. AUM reflects approx. $40 billion (as of 6/30/2016) with respect to which State Street Global Markets, LLC (SSGM) serves as marketing agent; SSGM and State Street Global Advisors are affiliated.

Important Information

Investing involves risk including the risk of loss of principal

ETFs trade like stocks, are subject to investment risk, fluctuate in market value and may trade at prices above or below the ETFs net asset value. Brokerage commissions and ETF expenses will reduce returns.

The information provided does not constitute investment advice and it should not be relied on as such. It should not be considered a solicitation to buy or an offer to sell a security. It does not take into account any investor's particular investment objectives, strategies, tax status or investment horizon. You should consult your tax and financial advisor. All material has been obtained from sources believed to be reliable. There is no representation or warranty as to the accuracy of the information and State Street shall have no liability for decisions based on such information.

Distributor: State Street Global Markets, LLC, member FINRA, SIPC, a wholly owned subsidiary of State Street Corporation. References to State Street may include State Street Corporation and its affiliates. Certain State Street affiliates provide services and receive fees from the SPDR ETFs.

Before investing, consider the funds' investment objectives, risks, charges and expenses. To obtain a prospectus which contains this and other information, call 1-866-787-2257 or visit www.spdrs.com. Read it carefully.

Not FDIC Insured • No Bank Guarantee • May Lose Value

CORP-2152

Exp. Date: 8/31/17

Contacts:

State Street Corporation
Andrew Hopkins, +1 617-664-2422
Ahopkins2@StateStreet.com

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