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PLEASE BE ADVISED THAT TO VIEW INFORMATION ON THIS WEBSITE, YOU MUST ACCEPT THE FOLLOWING CONDITIONS.

The shares of certain of the State Street Funds have been registered for public sale in jurisdictions outside France and those shares may, therefore, be available for purchase by investors who are not residents of France ('Foreign Investors'). However, the information on this website does not constitute an offer or solicitation to Foreign Investors to invest in shares of any of the State Street Funds. More generally, the information on this website is not addressed to any person or entity in any jurisdiction or country where provision of such information would be contrary to local law or regulation. In particular, this site is not addressed to U.S. Persons (as defined in Regulation S under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act")). No information on this site, whether relating to a product or otherwise, constitutes or is intended to constitute information available to or directed at U.S. Persons. No correspondence concerning or in connection with the information on this website will be entered into with any person who is a U.S. Person or anyone believed to be a U.S Person. The shares of the State Street Funds are not available, and prospectuses or other documents offering such shares will not be distributed to, persons residing in any jurisdiction where such distribution would be contrary to local law or regulation. In particular, but without limitation, the shares of the State Street Funds have not been and will not be registered under the U.S. Securities Act, nor have the State Street Funds been registered under the U.S. Investment Company Act of 1940, as amended. Accordingly, offers or sales of the shares of the State Street Funds may not be made in the United States or to U.S. Persons. THE INFORMATION ON THIS SITE IS GENERALLY DESCRIPTIVE AND SHARES OF THE STATE STREET FUNDS MAY NOT BE AVAILABLE TO OR SUITABLE FOR YOU. THE OPINIONS EXPRESSED IN THIS SITE DO NOT CONSTITUTE INVESTMENT ADVICE AND INDEPENDENT ADVICE SHOULD BE SOUGHT IN CASES OF DOUBT. NEITHER THE INFORMATION NOR ANY OPINION CONTAINED ON THIS SITE CONSTITUTES A SOLICITATION OR OFFER TO BUY OR SELL SHARES OF THE STATE STREET FUNDS OR ANY OTHER FINANCIAL INSTRUMENT. The value of and income from any securities mentioned in this site can fall as well as rise and an investor may receive back less than he invested. Past performance is not necessarily a guide to future performance. No guarantee or representation, express or implied is made as to the accuracy, validity, timeliness, completeness or continued availability of any data made available. Information on this website is subject to change without notice.

Copyright
All information, data, text, tables, photographs and graphics contained in this Website are the property of State Street Banque, which accordingly holds all property rights thereto under applicable copyright, intellectual property and database laws. Users are free to consult the information presented in this Website but may not copy, alter, reproduce, transmit, publish, transfer, sell, distribute by any means whatsoever or use this information in any manner for commercial purposes. The use of this Website is governed by French law. The information contained in this Website is primarily intended for French residents. Such information may be subject to legal restrictions and may not be accessible to residents of certain countries. Each user must consult the sales restrictions applicable to the products and services concerned.

State Street Corporation holds title to the domain name (URL) "ssga.fr", "ssga.lu", "ssgafrance.com", "statestreetfrance.com", "statestreet.fr".


Contact
State Street Global Advisors France S.A.
23-25, rue Delarivière-Lefoullon
92064 Paris La Défense Cedex
France
Director of publications and legal representative:
Olivier_Faivre@ssga.com
Webdesign & webmastering:
Luc_Parat@ssga.com
Conception, programming, data bases, integration:
Joseph_Da-Silva@ssga.com

                                                                                                                                                                                                                           
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