SOURCE: Rydex Investments

June 26, 2006 08:15 ET

Rydex Launches Six New CurrencyShares(SM) Exchange Traded Products on New York Stock Exchange

Funds to Track the Price Movements of the Australian Dollar, British Pound Sterling, Canadian Dollar, Mexican Peso, Swedish Krona and Swiss Franc

ROCKVILLE, MD -- (MARKET WIRE) -- June 26, 2006 -- Rydex Investments today announced that shares of six new currency-based exchange traded products will begin trading today on the New York Stock Exchange.

Shares of the Trusts, called CurrencyShares(SM) , will track the price movements of their associated underlying currencies -- the Australian Dollar, British Pound Sterling, Canadian Dollar, Mexican Peso, Swedish Krona and the Swiss Franc. Shares of the CurrencyShares(SM) Mexican Peso Trust and the CurrencyShares(SM) Swedish Krona Trust will each represent approximately 1,000 Peso and Krona, respectively. Shares of the other four Trusts will represent approximately 100 Australian Dollar, 100 British Pound, 100 Canadian Dollar and 100 Swiss Franc.

Each specialist may purchase and redeem the CurrencyShares(SM) directly from the Trusts in large blocks called baskets. It is expected that the CurrencyShares(SM) will be offered and sold to the public by Authorized Participants at varying prices in U.S. dollars to be determined by reference to, among other things, the market price of the underlying currencies and the trading price of the CurrencyShares(SM) on the New York Stock Exchange at the time of each sale.

The sponsor of the Trusts is Rydex Specialized Products LLC, d/b/a Rydex Investments. The distributor of the CurrencyShares(SM) is Rydex Distributors, Inc. The Bank of New York is the trustee of the Trust and JPMorgan Chase Bank, N.A., London branch, is the depository of the Trusts.

ETF Trust Name  NYSE Ticker  Cusip      Shares Registered   Specialist
CurrencyShares  FXA          23129U101  13,500,000          Bear Hunter
Australian                                                  Structured
 Dollar Trust                                               Products LLC
CurrencyShares  FXB          23129S106  8,000,000           Goldman Sachs
British Pound                                               Execution and
 Sterling Trust                                             Clearing, LP
CurrencyShares  FXC          23129X105  11,500,000          Goldman Sachs
Canadian Dollar                                             Execution and
 Trust                                                      Clearing, LP
CurrencyShares  FXM          23130H107  12,000,000          LaBranche
Mexican Peso                                                Structured
 Trust                                                      Products, LLC
CurrencyShares  FXS          23129R108  7,500,000           Bear Hunter
Swedish Krona                                               Structured
 Trust                                                      Products LLC
CurrencyShares  FXF          23129V109  12,500,000          Bear Hunter
Swiss Franc                                                 Structured
 Trust                                                      Products LLC
Registration statements relating to the CurrencyShares(SM) have been filed with and declared effective by the Securities and Exchange Commission. This press release shall not constitute an offer to sell nor a solicitation of an offer to buy CurrencyShares(SM) , nor shall there be any offer or sale of these securities in any state or jurisdiction in which such offer, solicitation, purchase or sale would be unlawful under the securities laws of such state or jurisdiction. The offering of these securities will be made only by means of a prospectus. A copy of the final prospectus related to these securities may be obtained for free by visiting EDGAR on the SEC web site at or by contacting: Rydex Investments, 9601 Blackwell Road, Suite 500, Rockville, MD, 20850 (800.820.0888).

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 $14 billion in assets via more than 60 mutual funds and exchange traded products.

Rydex Distributors, Inc., an affiliate of Rydex Investments and Rydex Specialized Products, LLC, is the distributor of the Rydex funds.

Information regarding CurrencyShares(SM) products is for informational purposes only and does not constitute either an offer to sell or the solicitation of an offer to buy CurrencyShares(SM) products.

The risks associated with each of the CurrencyShares(SM) products are not identical because of differences in the economies underlying each product and other considerations. The reader should carefully read the relevant prospectus prior to making any investment decision.

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