SOURCE: Rydex Investments

November 01, 2007 15:15 ET

CurrencyShares(SM) ETFs Declare Monthly Distributions

ROCKVILLE, MD--(Marketwire - November 1, 2007) - Rydex Investments today announced the distribution declarations for seven CurrencyShares exchange traded products: CurrencyShares(SM) Australian Dollar Trust (NYSE: FXA), CurrencyShares(SM) British Pound Sterling Trust (NYSE: FXB), CurrencyShares(SM) Canadian Dollar Trust (NYSE: FXC), CurrencyShares(SM) Euro Trust (NYSE: FXE), CurrencyShares(SM) Mexican Peso Trust (NYSE: FXM), CurrencyShares(SM) Swedish Krona Trust (NYSE: FXS) and CurrencyShares(SM) Swiss Franc Trust (NYSE: FXF).

Fund Name        Ticker Declaration   Ex-       Record Payable  Distribution
                        Date          dividend  Date   Date
                                      Date
CurrencyShares                                                  
Australian       FXA    Oct 31,       Nov 1,    Nov 5, Nov 8,   $0.44850/
Dollar Trust            2007          2007      2007   2007     share
CurrencyShares                                                  
British Pound    FXB    Oct 31,       Nov 1,    Nov 5, Nov 8,   $0.88392/
Sterling Trust          2007          2007      2007   2007     share
CurrencyShares                                                  
Canadian Dollar  FXC    Oct 31,       Nov 1,    Nov 5, Nov 8,   $0.34745/
Trust                   2007          2007      2007   2007     share
CurrencyShares                                                  
Euro Trust       FXE    Oct 31,       Nov 1,    Nov 5, Nov 8,   $0.40705/
                        2007          2007      2007   2007     share
CurrencyShares                                                  
Mexican Peso     FXM    Oct 31,       Nov 1,    Nov 5, Nov 8,   $0.48717/
Trust                   2007          2007      2007   2007     share
CurrencyShares                                                  
Swedish Krona    FXS    Oct 31,       Nov 1,    Nov 5, Nov 8,   $0.40568/
Trust                   2007          2007      2007   2007     share
CurrencyShares                                                  
Swiss Franc      FXF    Oct 31,       Nov 1,    Nov 5, Nov 8,   $0.09525/
Trust                   2007          2007      2007   2007     share

Distributions are made to shareholders on a pro rata basis (in accordance with the number of shares that are owned) only in the event that the interest earned by the Trust exceeds the sum of the sponsor's fee for the prior month plus other Trust expenses, if any. There is no guarantee that distributions will be made on a monthly basis.

CurrencyShares(SM) offer investors and institutions a convenient and cost-effective method of gaining investment benefits similar to that of holding foreign currencies, including potential diversification and hedging benefits. More details about the funds are available at www.currencyshares.com.

The sponsor of the CurrencyShares Trusts is Rydex Specialized Products LLC, d/b/a Rydex Investments. The distributor of these exchange traded funds is Rydex Distributors, Inc., an affiliate of Rydex Investments and Rydex Specialized Products, LLC. M7 Ventures, LLC collaborated with Rydex in connection to all CurrencyShares exchange traded products. The Bank of New York (NYSE: BK) is the trustee of the Trust and JPMorgan Worldwide Securities Services (NYSE: JPM) acting through JPMorgan Chase Bank, N.A., London Branch is the depository for each trust.

This information must be accompanied by a current CurrencyShares prospectus, which may be obtained directly by accessing the following links: CurrencyShares Australian Dollar (FXA); CurrencyShares British Pound Sterling (FXB); CurrencyShares Canadian Dollar (FXC); Currency Shares Euro (FXE); CurrencyShares Mexican Peso (FXM); CurrencyShares Swedish Krona (FXS); CurrencyShares Swiss Franc (FXF). Investors should consider the investment objectives, risks, charges and expenses of each fund carefully before investing. Each fund's prospectus contains this and other information about the fund. Please read the prospectus carefully before you invest or send money. The CurrencyShares Trusts are not investment companies registered under the Investment Company Act of 1940.

About Rydex

Rydex Investments continues to drive change in the financial industry by introducing investment products and services that challenge conventional thinking, empower investors and provide essential new options for uncertain market conditions. Rydex manages $16.5 billion in assets via more than 80 mutual funds and exchange traded products.

CurrencyShares are subject to risks similar to those of stocks and may not be suitable for all investors. Investors should consider the investment objectives, risks, charges and expenses of these products carefully before investing. The prospectus pertaining to each product contains this and other information about the product. Please read the applicable prospectus, including the Risk Factors section, carefully before you invest. Shares can be bought and sold through a broker and the selling shareholder may have to pay brokerage commissions in connection with the sale. Investment returns and principal value will fluctuate so that when shares are redeemed, they may be worth more or less than original cost. Shares may only be redeemed directly from the Trust by Authorized Participants via baskets (as defined in the prospectus). There can be no assurance that an active trading market for the shares will develop or be maintained. The value of the shares relates directly to the value of the currency held by the Trust. For a more complete discussion of risk factors applicable to the Trust, read the prospectus carefully.

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