Market Vectors ETF Trust Announces Rebalancing Transactions Associated with Its Exchange Offers for Merrill Lynch HOLDRS®

NEW YORK--(BUSINESS WIRE)--

Van Eck Global made public this afternoon the results of rebalancing transactions associated with exchange offers by its Market Vectors ETF Trust for six Merrill Lynch-sponsored HOLDRS: Oil Service (OIH), Semiconductor (SMH), Pharmaceutical (PPH), Biotech (BBH), Retail (RTH), and Regional Bank (RKH). Earlier today, the firm announced the expiration of the exchange offers and the formal acceptance of validly tendered HOLDRS. (This announcement was made through a separate press release, which can be found on the firm's website at vaneck.com/holdrs.)

The Rebalanced HOLDRS Securities Value, as summarized below, is the value of the securities underlying the tendered HOLDRS receipts after giving effect to purchases and sales performed by the Transition Manager (ConvergEx Group) today, December 20, 2011, following the expiration of the exchange offers. Values shown are for a round lot of 100 HOLDRS/100 shares of an ETF. The Rebalanced HOLDRS Securities Values can also be found on the company's website at vaneck.com/holdrs.

									Market Value
OIH						Rebalanced			as of 4PM
Rebalanced HOLDRS Securities Value						HOLDRS Weighting			NYC Time
#		Security		Ticker
1		BAKER HUGHES INC		BHI US		6.7	%		759.41
2		CAMERON INTERNATIONAL CORP		CAM US		4.4	%		505.13
3		COMPLETE PRODUCTION SERVICES		CPX		1.0	%		118.41
4		CORE LABORATORIES N.V.		CLB		2.4	%		273.50
5		DIAMOND OFFSHORE DRILLING		DO US		1.7	%		198.94
6		DRESSER-RAND GROUP INC		DRC		1.8	%		208.53
7		ENSCO PLC-SPON ADR		ESV US		3.0	%		340.49
8		FMC TECHNOLOGIES		FTI US		4.7	%		536.27
9		HALLIBURTON CO		HAL US		9.7	%		1,107.06
10		HELMERICH & PAYN		HP US		2.7	%		309.65
11		MCDERMOTT INTL		MDR US		1.1	%		125.73
12		NABORS INDS LTD		NBR US		2.2	%		249.78
13		NATIONAL OILWELL VARCO INC		NOV US		9.1	%		1,034.36
14		NOBLE CORP		NE US		3.6	%		407.51
15		OCEANEERING INTL INC		OII US		2.2	%		256.16
16		OIL STATES INTL		OIS US		1.7	%		194.80
17		PATTERSON-UTI		PTEN US		1.4	%		155.12
18		ROWAN COMPANIES INC		RDC		1.7	%		198.36
19		SCHLUMBERGER LTD		SLB US		19.3	%		2,202.10
20		SEADRILL LTD		SDRL		4.4	%		505.29
21		SUPERIOR ENERGY		SPN US		1.0	%		112.65
22		TENARIS-ADR		TS US		3.8	%		429.45
23		TIDEWATER INC		TDW		1.1	%		124.66
24		TRANSOCEAN LTD		RIG US		4.7	%		533.20
25		WEATHERFORD INTL LTD		WFT US		4.6	%		520.01
26		Cash				0.1	%		10.81
		Rebalanced HOLDRS Securities Value				100.00	%		11,417.39
									Market Value
SMH						Rebalanced			as of 4PM
Rebalanced HOLDRS Securities Value						HOLDRS Weighting			NYC Time
#		Security		Ticker
1		ADVANCED MICRO DEVICES		AMD		1.20	%		34.53
2		ALTERA CORP		ALTR		4.50	%		134.22
3		ANALOG DEVICES		ADI		4.00	%		118.61
4		APPLIED MATERIALS INC		AMAT		4.40	%		130.82
5		ARM HOLDINGS PLC-SPONS ADR		ARMH		4.40	%		133.04
6		ASML HOLDING-NY		ASML US		5.10	%		154.16
7		ATMEL CORP		ATML US		1.40	%		41.58
8		AVAGO TECHNOLOGIES LTD		AVGO		2.20	%		66.01
9		BROADCOM CORP-A		BRCM US		4.90	%		147.99
10		CREE INC		CREE US		0.90	%		26.89
11		INTEL CORP		INTC		19.50	%		583.47
12		KLA-TENCOR CORP		KLAC US		3.10	%		91.47
13		LAM RESEARCH		LRCX US		1.70	%		50.61
14		LINEAR TECH CORP		LLTC US		2.60	%		77.00
15		MARVELL TECHNOLOGY GROUP LTD		MRVL		2.70	%		80.80
16		MAXIM INTEGRATED PRODUCTS		MXIM		2.90	%		86.60
17		MICROCHIP TECHNOLOGY INC		MCHP		2.50	%		75.62
18		MICRON TECH		MU US		2.20	%		64.60
19		NVIDIA CORP		NVDA		3.10	%		91.33
20		ON SEMICONDUCTOR		ONNN US		1.20	%		36.64
21		SKYWORKS SOLUTIONS INC		SWKS		1.10	%		32.81
22		TAIWAN SEMICONDUCTOR-SP ADR		TSM		12.80	%		383.48
23		TERADYNE INC		TER		1.00	%		28.92
24		TEXAS INSTRUMENT		TXN US		7.30	%		218.07
25		XILINX INC		XLNX		3.20	%		97.12
26		Cash				0.12	%		8.91
		Rebalanced HOLDRS Securities Value				100.00	%		2,995.30
									Market Value
PPH						Rebalanced			as of 4PM
Rebalanced HOLDRS Securities Value						HOLDRS Weighting			NYC Time
#		Security		Ticker
1		ABBOTT LABORATORIES		ABT		4.9	%		353.80
2		ALLERGAN INC		AGN		4.6	%		328.30
3		ASTRAZENECA PLC-SPONS ADR		AZN		4.9	%		351.72
4		BRISTOL-MYER SQB		BMY US		5.1	%		368.91
5		ELAN CORP PLC -SPONS ADR		ELN		2.5	%		183.26
6		ELI LILLY & CO		LLY		4.6	%		331.42
7		ENDO PHARMACEUT HLDGS INC		ENDP		1.7	%		119.09
8		FOREST LABS INC		FRX US		3.3	%		235.42
9		GLAXOSMITHKLINE PLC-SPON ADR		GSK		4.9	%		353.90
10		HOSPIRA INC		HSP US		2.0	%		141.39
11		JOHNSON & JOHNSON		JNJ		7.4	%		534.48
12		MEDICIS PHARMACEUTICAL-CL A		MRX		0.8	%		58.56
13		MERCK & CO. INC.		MRK US		5.1	%		367.73
14		MYLAN INC		MYL		3.7	%		266.10
15		NOVARTIS AG-ADR		NVS		5.6	%		406.17
16		NOVO-NORDISK A/S-SPONS ADR		NVO		4.4	%		316.12
17		PERRIGO CO		PRGO US		3.5	%		254.79
18		PFIZER INC		PFE US		7.0	%		506.14
19		SALIX PHARMACEUTICALS LTD		SLXP		1.1	%		77.25
20		SANOFI-AVENTIS-ADR		SNY		4.9	%		354.21
21		SHIRE PLC-ADR		SHPGY		4.4	%		317.83
22		TEVA PHARMACEUTICAL-SP ADR		TEVA		4.7	%		336.64
23		VALEANT PHARMACEUTICALS INTE		VRX		4.3	%		309.08
24		WARNER CHILCOT-A		WCRX US		1.2	%		83.06
25		WATSON PHARMACEUTICALS INC		WPI		3.3	%		236.22
26		Cash				0.0	%		0.00
		Rebalanced HOLDRS Securities Value				100.00	%		7,191.62
									Market Value
BBH						Rebalanced			as of 4PM
Rebalanced HOLDRS Securities Value						HOLDRS Weighting			NYC Time
#		Security		Ticker
1		ACORDA THERAPEUTICS INC		ACOR		0.9	%		96.22
2		ALEXION PHARMACEUTICALS INC		ALXN		4.8	%		511.79
3		AMGEN INC		AMGN US		17.5	%		1,847.55
4		AMYLIN PHARMACEUTICALS INC		AMLN		1.6	%		165.04
5		BIOGEN IDEC INC		BIIB US		8.2	%		868.06
6		BIOMARIN PHARMAC		BMRN US		3.7	%		395.57
7		CELGENE CORP		CELG		9.3	%		987.99
8		CHARLES RIVER LABORATORIES		CRL		1.4	%		145.73
9		CUBIST PHARMACEUTICALS INC		CBST		2.5	%		262.82
10		DENDREON CORP		DNDN US		1.2	%		122.50
11		EXELIXIS INC		EXEL		0.6	%		58.71
12		GEN-PROBE INC		GPRO		2.7	%		290.51
13		GILEAD SCIENCES		GILD US		8.7	%		924.16
14		HUMAN GENOME SCIENCES INC		HGSI		1.3	%		139.65
15		ILLUMINA INC		ILMN US		3.3	%		353.10
16		INCYTE CORP		INCY		1.7	%		175.95
17		INTERMUNE INC		ITMN		0.6	%		65.90
18		LIFE TECHNOLOGIES CORP		LIFE		4.4	%		469.55
19		MYRIAD GENETICS		MYGN US		1.8	%		186.44
20		ONYX PHARMACEUTICALS INC		ONXX		2.6	%		277.47
21		PHARMASSET INC		VRUS		4.3	%		458.22
22		QIAGEN NV		QGEN US		3.1	%		327.26
23		REGENERON PHARMACEUTICALS		REGN		4.0	%		423.15
24		UNITED THERAPEUTICS CORP		UTHR		2.3	%		245.36
25		VERTEX PHARM		VRTX US		5.0	%		530.86
26		Cash				2.4	%		254.72
		Rebalanced HOLDRS Securities Value				100.00	%		10,584.29
									Market Value
RTH						Rebalanced			as of 4PM
Rebalanced HOLDRS Securities Value						HOLDRS Weighting			NYC Time
#		Security		Ticker
1		AMAZON.COM INC		AMZN		7.0	%		784.68
2		AMERISOURCEBERGE		ABC US		2.6	%		295.65
3		BED BATH & BEYOND INC		BBBY		3.9	%		437.25
4		BEST BUY CO INC		BBY		1.8	%		202.67
5		CARDINAL HEALTH		CAH US		3.6	%		405.13
6		COSTCO WHOLESALE CORP		COST		4.9	%		544.11
7		CVS CAREMARK COR		CVS US		5.7	%		633.66
8		GAP INC/THE		GPS US		1.6	%		181.95
9		HOME DEPOT INC		HD		6.9	%		768.93
10		J.C. PENNEY CO INC		JCP		1.2	%		132.04
11		KOHLS CORP		KSS		3.2	%		356.78
12		KROGER CO		KR		3.6	%		400.77
13		LOWE'S COS INC		LOW		5.2	%		580.99
14		LTD BRANDS INC		LTD US		2.5	%		280.24
15		MACY'S INC		M US		3.6	%		399.51
16		MCKESSON CORP		MCK US		4.4	%		497.67
17		NETFLIX INC		NFLX		1.0	%		106.90
18		SAFEWAY INC		SWY		1.9	%		209.01
19		STAPLES INC		SPLS		2.6	%		293.75
20		SYSCO CORP		SYY US		4.5	%		506.06
21		TARGET CORP		TGT		4.9	%		543.72
22		TJX COMPANIES INC		TJX		4.6	%		512.61
23		WALGREEN CO		WAG		4.9	%		552.37
24		WAL-MART STORES INC		WMT		11.0	%		1,231.74
25		WHOLE FOODS MARKET INC		WFM US		2.8	%		318.31
26		Cash				0.1	%		18.61
		Rebalanced HOLDRS Securities Value				100.00	%		11,195.14
									Market Value
RKH						Rebalanced			as of 4PM
Rebalanced HOLDRS Securities Value						HOLDRS Weighting			NYC Time
#		Security		Ticker
1		BANCO BILBAO VIZCAYA-SP ADR		BBVA US		3.2	%		224.92
2		BANCO BRADESCO-ADR		BBD		2.5	%		172.04
3		BANCO SANTAN-ADR		STD US		5.0	%		349.16
4		BANCO SANTANDER BRASIL-ADS		BSBR		2.4	%		163.15
5		BANK OF AMERICA CORP		BAC		4.2	%		288.35
6		BANK OF MONTREAL		BMO		2.7	%		187.48
7		BANK OF NOVA SCOTIA		BNS		4.1	%		287.09
8		BARCLAYS PLC-SPONS ADR		BCS		2.0	%		140.80
9		CITIGROUP INC		C US		5.3	%		370.50
10		CREDIT SUISSE GROUP-SPON ADR		CS CN		2.1	%		143.26
11		DEUTSCHE BANK AG-REGISTERED		DB		2.7	%		185.94
12		GOLDMAN SACHS GP		GS US		3.4	%		235.54
13		HSBC HOLDINGS PLC-SPONS ADR		HBC		10.1	%		698.77
14		ICICI BANK LTD-SPON ADR		IBN		0.7	%		45.62
15		ING GROEP N.V.-SPONSORED ADR		ING		2.1	%		144.24
16		ITAU UNIBANCO HLDNG-PREF ADR		ITUB		3.3	%		225.52
17		JPMORGAN CHASE		JPM US		9.2	%		640.38
18		MITSUBISHI UFJ FINL GRP-ADR		MTU		4.2	%		292.60
19		MORGAN STANLEY		MS US		1.6	%		108.36
20		ROYAL BANK OF CANADA		RY		5.2	%		357.19
21		SCHWAB (CHARLES)		SCHW US		0.9	%		64.11
22		TORONTO-DOMINION BANK		TD		5.2	%		360.01
23		UBS AG-REG		UBS		3.3	%		231.65
24		US BANCORP		USB US		4.0	%		280.17
25		WELLS FARGO & CO		WFC US		10.3	%		713.52
26		Cash				0.3	%		16.15
		Rebalanced HOLDRS Securities Value				100.00	%		6,926.53

About Market Vectors

Founded in 1955, Van Eck Global was among the first U.S. money managers helping investors achieve greater diversification through global investing. Today, the firm continues this tradition by offering innovative, actively managed investment choices in hard assets, emerging markets, precious metals including gold, and other alternative asset classes. Van Eck Global has offices around the world and manages approximately $30.8 billion in investor assets as of September 30, 2011.

Market Vectors exchange-traded products have been offered by Van Eck Global since 2006 and span many asset classes, including equities, municipal bonds and other fixed income as well as currencies. The Market Vectors family currently totals $21.7 billion in assets under management, making it the sixth largest ETF family in the U.S. and the ninth largest worldwide as of September 30, 2011.

Important Disclosure

All information in this material (other than opinions or expectations) concerning applicable HOLDRS, including their business and operations, was provided by Merrill Lynch & Co., Inc. All information in this material concerning Van Eck ETFs, including its business, operations and financial results, was provided by Van Eck. Information on HOLDRS assets under management and trading volume was sourced from Bloomberg.

Investing involves substantial risk and high volatility, including possible loss of principal. An investor should consider the investment objective, risks, charges and expenses of a new ETF carefully before investing. Please read the prospectus and summary prospectus carefully before investing.

Investors may obtain free copies of the prospectus and summary prospectus, and other documents filed with the SEC at the SEC's web site at www.sec.gov. In addition, free copies of the prospectus and summary prospectus, and other documents filed with the SEC may also be obtained by directing a request to: Van Eck Securities Corporation, Distributor, 335 Madison Avenue, New York, NY 10017 or by calling: 800.826.2333 or visiting vaneck.com/holdrs.

Van Eck Securities Corporation, Distributor, 335 Madison Avenue, New York, NY 10017