Claymore Launches Global Maritime Shipping ETF
August 26, 2008

SAN DIEGO– (ETFguide.com) – Claymore Securities, known for its narrowly focused exchange-traded funds (ETFs), has just launched the Claymore/Delta Global Shipping Index ETF (NYSEarca: SEA). The ETF tracks companies from the global maritime shipping industry.

The Index Provider defines the shipping industry to include companies within the following business segments of the maritime shipping industry: companies deriving a significant portion (in excess of 80%) of their revenues from the seaborne transport of dry bulk goods and the leasing and/or operating of tanker ships, container ships, specialty chemical ships and ships that transport liquid natural gas or dry bulk goods.

How are securities selected?

Delta Global (the Index Provider) verifies that each company included in the universe of potential Index constituents meets the following criteria:

1. All global publicly-traded companies with any connection to the maritime shipping industry are identified by company description database searches and bottom-up industry research of publicly available information and databases.

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2. Companies that are identified through the initial search are put into two groups based on a review of the company’s public filings and company description information: “Qualifying Group": companies that generate in excess of 80% of their revenues from the seaborne transport of dry bulk goods and the leasing and/or operating of tanker ships, container ships, specialty chemical ships and ships that transport LNG or dry bulk goods. “Excluded Group”: all other companies.

Market cap and volume (liquidity) filters are applied to the qualifying group. US traded stocks and ADRs are preferred for inclusion in the index. If there are fewer than 30 US listed securities, securities listed on global developed market exchanges will be included.

This is the first Claymore ETF that carries are dividend weighted “engine under the hood”. A modified dividend weighting mechanism is applied to constitute the final index, with higher-yielding securities based on their indicated dividend yield being more highly weighted according to a proprietary methodology. No single security weight will exceed 4% of the index at the time of each rebalance. The Index will be reconstituted annually, with rebalancing occurring quarterly.

The expense ratio is set at 0.65%.