It is sufficient to say people in the ETF industry will never stop being creative.

Market Vectors - Environmental Services ETF (EVX)
EVX seeks to track, before fees and expenses, the newly created Amex Environmental Services Index (AXENV), which is comprised primarily of companies engaged in waste management and other environmental services. On a back-tested basis, AXENV has delivered an annualized total return of approximately 24.5 percent over the three years ending September 30, 2006 and approximately 15.4 percent over the five years ending September 30, 2006. The companies that comprise the index have shown an approximate 16.9 percent average revenue growth over the past five years.

The index is currently comprised of 24 companies with a combined market capitalization of approximately $129 billion. The ADRs of two foreign firms are represented in the index. Their combined weight in the index is approximately 20 percent. A complete EVX constituent list can be found at www.vaneck.com/evx. The index includes dominant players in the environmental services industry, such as Republic Services Inc. and Waste Management, Inc., as well as more specialized companies such as waste-to-energy provider Covanta Holding Corp., and aluminum recycler Aleris International Inc.

"The environmental services industry has shown strong revenue growth in the past five years as people worldwide have grown increasingly concerned about environmental matters," said Adam Phillips, Director-ETF Sales, Van Eck Global. "We also believe investors are becoming more familiar with this relatively young industry and developing a greater appreciation for its investment opportunities and potential."

Market Vectors - Steel ETF (SLX)
SLX seeks to track, before fees and expenses, the newly created Amex Steel Index (STEEL), which is comprised primarily of companies involved in steel production and fabrication, or the extraction and reduction of iron ore. On a back-tested basis, STEEL has delivered an annualized total return of approximately 40.5 percent and approximately 31.2 percent over three and five years ending September 30, 2006, respectively. The companies that currently comprise the index have shown an approximate 20.5 percent average revenue growth over the past five years.

The 39 companies currently included in the index have a combined market capitalization of approximately $268 billion. Twenty-nine of the companies are based in North America; the remaining ten are foreign firms with ADRs listed in the United States. A complete SLX constituent list can be found at www.vaneck.com/slx.

SLX offers investors exposure to important international steel producers, such as Mittal Steel Co. NV and POSCO, as well as global iron ore mining firms, such as Rio Tinto PLC. Currently, the combined weight of the non-U.S. or Canadian firms in the index is approximately 64.1 percent. SLX also offers exposure to domestic steel manufacturers, such as Allegheny Technologies Inc., Nucor Corp. and United States Steel Corp.