Issue of ETFS S&L Commodity Securities Ltd

Dated 16 Nov 2012

ETFS COMMODITY SECURITIES LIMITED

(Incorporated and registered in Jersey under the Companies (Jersey) Law 1991(as amended) with registered number 90959)

(the "Issuer")

Programme for the issue of ETFS Short and Leveraged Commodity Securities

Multiple issue of

the number, class and type of Commodity Securities detailed below (the "ETFS Commodity Securities")

This Pricing Supplement (as referred to in the prospectus (the "Prospectus") dated 22 December 2011 in relation to the above Programme) relates to the issue of the ETFS Commodity Securities set out below. The ETFS Commodity Securities have the terms provided for in the trust instrument dated 21 September 2006 as amended by a supplemental trust instrument dated 17 September 2007 between the Issuer and The Law Debenture Trust Corporation p.l.c. as trustee constituting the ETFS Commodity Securities. Terms used in this Pricing Supplement bear the same meaning as in the Prospectus. The particulars in relation to this issue of ETFS Commodity Securities are as follows:

For all Securities being issued:

Issuer:

ETFS Commodity Securities Limited

Issue Date:

19 Nov 2012

Details of each Security being issued:

Class or Category of ETFS Commodity Securities to which this Pricing Supplement applies

ISIN

Price per ETFS Commodity Security US$

Aggregate Number of ETFS Commodity Securities to which this Pricing Supplement applies

ETFS Leveraged Aluminium

JE00B2NFTC05

6.4886416

5000

ETFS Leveraged Cotton

JE00B2NFTH59

16.7414102

1000

ETFS Leveraged Energy DJ-UBSCISM

JE00B2NFT534

2.5092643

25000

ETFS Leveraged Gold

JE00B2NFTL95

100.0581830

10000

ETFS Leveraged Natural Gas

JE00B2NFTQ41

0.0572057

3000000

ETFS Leveraged Wheat

JE00B2NFTX18

2.7400831

250000

ETFS Leveraged WTI Crude Oil

JE00B2NFTJ73

2.8275369

400000

ETFS Short Sugar

JE00B24DKQ45

20.6000896

3500

Following the issue of ETFS Commodity Securities to which this Pricing Supplement applies, the following ETFS Commodity Securities will be in issue:

Class of Individual Securities or Category of Index Securities

Number

ETFS Short Livestock DJ-UBSCISM

3,608

ETFS Short Natural Gas

44,740

ETFS Short Nickel

9,479

ETFS Short Petroleum DJ-UBSCISM

266,993

ETFS Short Platinum

49,315

ETFS Short Precious Metals DJ-UBSCISM

7,329

ETFS Short Silver

1,998,970

ETFS Short Softs DJ-UBSCISM

11,296

ETFS Short Soybean Oil

60,056

ETFS Short Soybeans

135,190

ETFS Short Sugar

508,901

ETFS Short Tin

23,125

ETFS Short Wheat

240,195

ETFS Short Zinc

68,642

ETFS Short Brent Crude

161,500

ETFS Leveraged Brent Crude

28,700

ETFS Leveraged Agriculture DJ-UBSCISM

351,758

ETFS Leveraged All Commodities DJ-UBSCISM

226,966

ETFS Leveraged Aluminium

786,570

ETFS Leveraged Cocoa

445,471

ETFS Leveraged Coffee

1,096,781

ETFS Leveraged Copper

923,821

ETFS Leveraged Corn

90,248

ETFS Leveraged Cotton

252,003

ETFS Leveraged WTI Crude Oil

44,265,190

ETFS Leveraged Energy DJ-UBSCISM

329,607

ETFS Leveraged Ex-Energy DJ-UBSCISM

20,173

ETFS Leveraged Gasoline

54,872

ETFS Leveraged Gold

1,380,031

ETFS Leveraged Grains DJ-UBSCISM

72,569

ETFS Leveraged Heating Oil

60,889

ETFS Leveraged Industrial Metal DJ-UBSCISM

150,575

ETFS Leveraged Lead

325,074

ETFS Leveraged Lean Hogs

191,313

ETFS Leveraged Live Cattle

30,914

ETFS Leveraged Livestock DJ-UBSCISM

40,472

ETFS Leveraged Natural Gas

2,269,438,487

ETFS Leveraged Nickel

1,147,361

ETFS Leveraged Petroleum DJ-UBSCISM

103,428

ETFS Leveraged Platinum

530,123

ETFS Leveraged Precious Metals DJ-UBSCISM

67,429

ETFS Leveraged Silver

3,380,956

ETFS Leveraged Softs DJ-UBSCISM

18,228

ETFS Leveraged Soybean Oil

62,747

ETFS Leveraged Soybeans

51,263

ETFS Leveraged Sugar

403,038

ETFS Leveraged Tin

55,829

ETFS Leveraged Wheat

8,623,569

ETFS Leveraged Zinc

252,827

ETFS Short Agriculture DJ-UBSCISM

27,683

ETFS Short All Commodities DJ-UBSCISM

762,360

ETFS Short Aluminium

47,301

ETFS Short Cocoa

28,581

ETFS Short Coffee

28,453

ETFS Short Copper

5,007,246

ETFS Short Corn

429,167

ETFS Short Cotton

151,294

ETFS Short WTI Crude Oil

277,659

ETFS Short Energy DJ-UBSCISM

11,737

ETFS Short Ex-Energy DJ-UBSCISM

1,355

ETFS Short Gasoline

18,272

ETFS Short Gold

1,476,047

ETFS Short Grains DJ-UBSCISM

28,006

ETFS Short Heating Oil

6,501

ETFS Short Industrial Metals DJ-UBSCISM

924,255

ETFS Short Lead

20,592

ETFS Short Lean Hogs

22,177

ETFS Short Live Cattle

5,981

In addition, the following Micro Securities will be in issue::

Class Micro Securities

Number

Brent Crude Micro

1,000,000

1,000,000

Forward Agriculture

1,000,000

Forward All commodities

1,000,000

Forward Aluminium

1,000,000

Forward Brent Crude Micro

1,000,000

Forward Coffee

1,000,000

Forward Copper

1,000,000

Forward Corn

1,000,000

Forward Diversified

1,000,000

Forward Ex-Energy

1,000,000

Forward Gold

1,000,000

Forward Grains

1,000,000

Forward Industrial Metals

1,000,000

Forward Lean Hogs

1,000,000

Forward Live Cattle

1,000,000

Forward Livestock

1,000,000

Forward Natural Gas

1,000,000

Forward Nickel

1,000,000

Forward Oil

1,000,000

Forward Refined Products

1,000,000

Forward Silver

1,000,000

Forward Softs

1,000,000

Forward Soybean Oil

1,000,000

Forward Soybeans

1,000,000

Forward Sugar

1,000,000

Forward Wheat

1,000,000

Forward Zinc

1,000,000