Emerging Global Shares Taps Jay McAndrew as National Sales Manager

Emerging Markets ETF Provider Eyes 2010 Growth

NEW YORK--(EON: Enhanced Online News)--Emerging Global Shares (EG Shares), the first dedicated emerging markets sector and thematic ETF provider, today announced that Jay McAndrew has joined the firm as Managing Director and National Sales Manager. Mr. McAndrew is based in EG Shares’ New York office and will report to Robert Holderith, President and Chief Executive Officer.

“Jay brings a wealth of experience to the position and is exactly the right person to help take EG Shares to the next level”

In this role, Mr. McAndrew will manage all sales and marketing efforts for the firm. His primary responsibility will be selling to the hedge fund, asset management and institutional financial advisor communities, as well as to foundations and endowments.

“Jay brings a wealth of experience to the position and is exactly the right person to help take EG Shares to the next level,” said Holderith. “Jay’s highly regarded in the financial services industry and will play an integral role as we grow our business in 2010 and beyond.”

Prior to joining EG Shares, Mr. McAndrew was a Vice President at AllianceBernstein Investments, where he was responsible for driving their separately managed accounts, mutual funds and 529 college savings businesses in the New York City area. He also spent time as the Regional Managed Account Director for AllianceBernstein’s Northeast US region, working with the firm’s separate account offerings.

Before joining AllianceBernstein, Mr. McAndrew worked for several years at UBS, serving in various client-facing roles that specialized in separately managed accounts, mutual funds, ETFs and alternative investments.

“I’m thrilled to have the opportunity to join forces with a company that’s bringing such innovative products to the US investing public,” said Mr. McAndrew. “Over the next decade, emerging markets and their major sectors will likely play a much greater role in asset allocation as US investors begin to look for much of their return potential beyond our borders.”

Mr. McAndrew holds a B.S. in Finance from Pennsylvania State University and is a member of the Investment Management Consultants Association (IMCA).

About Emerging Global Advisors LLC

Emerging Global Advisors LLC is an independent investment advisory firm and the sponsor of the Emerging Global Shares family of Exchange-Traded Funds. The firm's thematic research focuses primarily on investor opportunities in the emerging markets. More information on the firm and its ETF products can be found at www.egshares.com. The Emerging Global Shares Exchange-Traded Funds are distributed by ALPS Distributors, Inc. Robert Holderith and Jay McAndrew are a registered representatives of ALPS Distributors, Inc.

Carefully consider the Fund's investment objectives, risk factors and charges and expenses before investing. This and other information can be found in the Funds' prospectuses, which may be obtained by calling 1-888-800-4EGS (4347) or by visiting the fund's website www.egshares.com to view or download a prospectus. Read the prospectus carefully before investing. Investing involves risk, including possible loss of principal.

ETFs are subject to risk similar to those of stocks including those regarding short-selling and margin account maintenance.

Emerging market investments do involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles, from economic or political instability in other nations or increased volatility and lower trading volume.