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Xshares to develop ETFs for gaming indexes

27 February 2007

NEW YORK – (PRESS RELEASE) -- XShares Advisors LLC, a financial services company focused on the development and distribution of innovative Exchange Traded Funds (ETFs), today announced that it has entered into an agreement with Luciani & Associates LLC, a consultant and advisor to the global gaming and entertainment industry, to develop ETFs based on the equity and debt of the global gaming industry.

The gaming industry includes companies engaged in the operation of casinos, hotels and resorts; the design and manufacture of gaming equipment; and horse racing, pari-mutuel wagering and lotteries, charitable gaming and online games.

"We are very pleased to be partnering with Luciani & Associates whose founder, Al Luciani, is one of the industry's leading advisors and consultants," stated Jeffrey L. Feldman, Founder, XShares Advisors LLC. "XShares is dedicated to developing innovative, creative and differentiated exchange traded funds with strategic partners like Luciani & Associates in order to provide investors with unique opportunities and greater flexibility for their investment portfolios."

"Luciani & Associates has been actively engaged in assisting companies in the design and implementation of strategic development plans for new and expanded gaming facilities globally," noted Alfred J. Luciani, Founder and CEO. "The opportunity to take the decades of knowledge and experience which our team has acquired and apply it to the development of gaming indexes which can be utilized by investors is exciting for our organization. We are pleased to be implementing this new aspect of our business with XShares. Their commitment to creating unique and innovative ETFs makes XShares the perfect partner for us."

XShares' product offerings began trading on the New York Stock Exchange in January 2007. The company has a substantial list of additional funds in varying stages of creation, some of which use proprietary indexes and others developed in concert with strategic partners.

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