JPMorgan Worldwide Securities Services Selected by Rydex Investments to Launch Six New CurrencySharesSM

JPMorgan to serve as depository for the new exchange traded products

New York, June 26, 2006 – JPMorgan Worldwide Securities Services, a leading global provider of securities services, today announced that Rydex Investments has selected JPMorgan as depository for its six new currency–based exchange traded products.

JPMorgan will serve as depository to Rydex Investments for its launch of six new CurrencyShares that will track the value of the British Pound, Australian Dollar, Canadian Dollar, Mexican Peso, Swedish Krona and Swiss Franc. JPMorgan already serves as depository for Euro CurrencyShares (NYSE:FXE), Rydex’s premier currency–based exchange traded product, which launched in December 2005.

“JPMorgan helped us greatly in launching our first currency-based ETF, so they were our first choice in launching six more,” said Tim Meyer, Rydex Investments ETF business line manager.

New Rydex CurrencyShares Listings
CurrencySharesSM Australian Dollar Trust FXA
CurrencySharesSM British Pound Sterling Trust FXB
CurrencySharesSM Canadian Dollar Trust FXC
CurrencySharesSM Mexican Peso Trust FXM
CurrencySharesSM Swedish Krona Trust FXS
CurrencySharesSM Swiss Franc Trust FXF

“JPMorgan has the right people, experience and technology to introduce ETFs into the marketplace effectively,” said Phyllis Schroder, Vice President of New Business Development for JPMorgan Worldwide Securities Services.

JPMorgan has an established group of professionals dedicated to supporting all the needs of exchange traded funds. The firm offers custody, accounting and administrative services, portfolio trading, ETF sales, specialized ETF research and serve as an Authorized Participant for all major ETFs. Along with leading analytic trading and portfolio management technology and as a leader in equity derivatives, JPMorgan can support the full spectrum of a client’s research and execution needs.

For more information on JPMorgan and ETFs, go to www.jpmorgan.com/visit/ETF.

About JPMorgan Worldwide Securities Services
JPMorgan Worldwide Securities Services, a division of JPMorgan Chase Bank, N.A., is a global industry leader with $11.7 trillion in assets under custody. JPMorgan provides innovative custody and securities products and services to the world's largest institutional investors and debt and equity issuers. JPMorgan Worldwide Securities Services leverages its scale and capabilities in more than 80 markets to help clients optimize efficiency, mitigate risk and enhance revenue through custody and investor services as well as securities clearance and trust services.

About JPMorgan Chase
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $1.3 trillion and operations in more than 50 countries. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset and wealth management, and private equity. A component of the Dow Jones Industrial Average, JPMorgan Chase serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its JPMorgan and Chase brands. Information about the firm is available at www.jpmorganchase.com.

About Rydex
Rydex Distributors, Inc., an affiliate of Rydex Investments and Rydex Specialized Products, LLC, is the distributor of the Rydex funds.

Information regarding the CurrencySharesSM products is for informational purposes only and does not constitute either an offer to sell or the solicitation of an offer to buy CurrencyShares SM products.

The risks associated with each of the CurrencySharesSM products are not identical because of differences in the economies underlying each product and other considerations. The reader should carefully read the relevant prospectus prior to making any investment decision.

Rydex Investments continues to drive change in the financial industry by introducing investment products and services that challenge conventional thinking, empower investors and provide essential new options for uncertain market conditions. Rydex manages $14 billion in assets via more than 60 mutual funds and exchange traded products.

Euro Currency Trust shares and shares issued by the CurrencyShares Trusts (together, the “shares”) are subject to risks similar to those of stocks and may not be suitable for all investors. Investors should consider the investment objectives, risks, charges and expenses of these products carefully before investing. The prospectus pertaining to each product contains this and other information about such product. Please read the applicable prospectus, including the Risk Factors section carefully before you invest. Shares can be bought and sold through a broker and the selling shareholder may have to pay brokerage commissions in connection with the sale. Investment returns and principal value will fluctuate so that when shares are redeemed, they may be worth more or less than original cost. Shares may only be redeemed directly from the Trust by Authorized Participants via Baskets (as defined in the prospectus). There can be no assurance that an active trading market for the shares will develop or be maintained. The value of the shares relates directly to the value of the currency held by the Trust. For a more complete discussion of risk factors applicable to the Trust, carefully read the prospectus.

The issuer has filed a registration statement (including a prospectus) with the SEC for each of the offerings to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and the offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov A copy of each prospectus may be obtained directly by clicking on the appropriate trust name: Euro Currency Trust, CurrencySharesSM Australian Dollar Trust, CurrencySharesSM British Pound Sterling Trust, CurrencySharesSM Canadian DollarTrust, CurrencySharesSM Mexican Peso Trust, CurrencySharesSM Swedish Krona Trust, CurrencySharesSM Swiss Franc Trust. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling toll-free 800.820.0888.
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