WIW and Certain Claymore-Advised ETFs Announce Results of Special Meeting of Shareholders

Western Asset/Claymore Inflation-Linked Opportunities & Income Fund (“WIW”) and the Claymore-advised exchange-traded funds listed below (the “ETFs” and, collectively with WIW, the “Funds”) are pleased to announce that the proposals applicable to the Funds and listed below received necessary shareholder approval at the Joint Special Meeting of Shareholders held on January 12, 2010. Specifically:

  • For WIW, shareholders approved (i) a new investment advisory agreement between WIW and Claymore Advisors, LLC (“Claymore”), (ii) a new investment management agreement between Claymore and Western Asset Management Company (“Western”), (iii) a new investment management agreement among Claymore, Western and Western Asset Management Company Pte. Ltd. (Singapore), (iv) a new investment management agreement among Claymore, Western and Western Asset Management Company Limited (London), and (v) a new investment management agreement among Claymore, Western and Western Asset Management Company Ltd. (Japan).
  • For Claymore/Zacks Country Rotation ETF (“CRO”), Claymore/Beacon Spin-Off ETF (“CSD”), Claymore/Beacon Global Timber Index ETF (“CUT”), Claymore/Zacks Mid-Cap Core ETF (“CZA”), Claymore/Sabrient Defensive Equity Index ETF (“DEF”), Claymore/Sabrient Insider ETF (“NFO”), Claymore/Ocean Tomo Patent ETF (“OTP”), Claymore/Sabrient Stealth ETF (“STH”) and Claymore/BNY Mellon International Small Cap LDRs ETF (“XGC”), shareholders of each ETF approved a new investment advisory agreement between Claymore Exchange-Traded Fund Trust or Claymore Exchange-Traded Fund Trust 2, as applicable, and Claymore on behalf of each ETF.

WIW entered into a new investment advisory agreement with Claymore, Claymore entered into a new investment management agreement with Western, and Claymore and Western entered into new investment management agreements with each of the aforementioned Western affiliates. Claymore Exchange-Traded Fund Trust or Claymore Exchange-Traded Fund Trust 2, as applicable, on behalf of each ETF listed above, entered into a new investment advisory agreement with Claymore. Each such agreement became effective upon the date of shareholder approval.

Claymore Advisors, LLC, an affiliate of Claymore Securities, Inc., serves as the Funds’ Investment Adviser. Claymore Securities, Inc. is a privately-held financial services company offering unique investment solutions for financial advisors and their valued clients. Claymore entities have provided supervision, management or servicing on approximately $15.2 billion in assets, as of December 31, 2009. Claymore currently offers closed-end funds, unit investment trusts and exchange-traded funds. Registered investment products are sold by prospectus only and investors should read the prospectus carefully before investing. For more information regarding the Funds, please visit www.claymore.com.

This information does not represent an offer to sell securities of the Funds and it is not soliciting an offer to buy securities of the Funds. An investment in any investment product is subject to certain risks and other considerations, including the possible loss of the entire principal amount you invest. There can be no assurance that any investment product will achieve its investment objectives. An investment in non-U.S. issuers involves risks that are in addition to the risks associated with domestic issuers; and therefore, may be subject to additional currency, political, economic, and market risks. The net asset value of the Funds will fluctuate with the value of the underlying securities. It is important to note that closed-end funds trade on their market value, not net asset value, and closed-end funds often trade at a discount to their net asset value. See www.claymore.com for a detailed discussion of fund-specific risks.

Investors should consider the investment objectives and policies, risk considerations, charges and expenses of the Funds carefully before they invest. For this and more information, please contact a securities representative or Claymore Securities, Inc., 2455 Corporate West Drive, Lisle, Illinois 60532, 800-345-7999.

Member FINRA/SIPC (1/10)

NOT FDIC-INSURED | NOT BANK-GUARANTEED | MAY LOSE VALUE

Contacts:

Press and Analyst Inquiries:
William T. Korver
Claymore Securities, Inc.
cefs@claymore.com
630-505-3700

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