Issue of ETFS S/L Commodity Securities Ltd

Dated 11 Dec 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:

12 Dec 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 Natural Gas

JE00B2NFTQ41

0.0463819

110000000

ETFS Leveraged Sugar

JE00B2NFTW01

27.1133185

12500

ETFS Leveraged Wheat

JE00B2NFTX18

2.6524422

40000

ETFS Leveraged WTI Crude Oil

JE00B2NFTJ73

2.7945538

200000

ETFS Short All Commodities DJ-UBSCISM

JE00B24DKT75

53.9309203

6000

ETFS Short Aluminium

JE00B24DK421

60.8079280

5000

ETFS Short Coffee

JE00B24DK538

47.0949772

5000

ETFS Short Gold

JE00B24DKC09

21.3015887

10000

ETFS Short WTI Crude Oil

JE00B24DK975

56.5903617

3000

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 All Commodities DJ-UBSCISM

459,354

ETFS Short Aluminium

51,301

ETFS Short Cocoa

27,081

ETFS Short Coffee

31,953

ETFS Short Copper

3,943,353

ETFS Short Corn

401,167

ETFS Short Cotton

145,794

ETFS Short WTI Crude Oil

264,659

ETFS Short Energy DJ-UBSCISM

11,737

ETFS Short Ex-Energy DJ-UBSCISM

1,355

ETFS Short Gasoline

15,772

ETFS Short Gold

1,486,047

ETFS Short Grains DJ-UBSCISM

29,006

ETFS Short Heating Oil

6,501

ETFS Short Industrial Metals DJ-UBSCISM

729,055

ETFS Short Lead

8,342

ETFS Short Lean Hogs

8,677

ETFS Short Live Cattle

7,981

ETFS Short Livestock DJ-UBSCISM

4,608

ETFS Short Natural Gas

49,540

ETFS Short Nickel

9,479

ETFS Short Petroleum DJ-UBSCISM

286,993

ETFS Short Platinum

28,315

ETFS Short Precious Metals DJ-UBSCISM

7,329

ETFS Short Silver

1,993,970

ETFS Short Softs DJ-UBSCISM

7,296

ETFS Short Soybean Oil

21,056

ETFS Short Soybeans

111,690

ETFS Short Sugar

519,401

ETFS Short Tin

18,125

ETFS Short Wheat

234,695

ETFS Short Zinc

68,642

ETFS Short Brent Crude

206,500

ETFS Leveraged Brent Crude

38,700

ETFS Leveraged Agriculture DJ-UBSCISM

348,758

ETFS Leveraged All Commodities DJ-UBSCISM

208,966

ETFS Leveraged Aluminium

663,570

ETFS Leveraged Cocoa

335,471

ETFS Leveraged Coffee

1,400,981

ETFS Leveraged Copper

894,321

ETFS Leveraged Corn

79,748

ETFS Leveraged Cotton

251,143

ETFS Leveraged WTI Crude Oil

42,600,190

ETFS Leveraged Energy DJ-UBSCISM

354,607

ETFS Leveraged Ex-Energy DJ-UBSCISM

12,673

ETFS Leveraged Gasoline

64,872

ETFS Leveraged Gold

1,473,031

ETFS Leveraged Grains DJ-UBSCISM

64,569

ETFS Leveraged Heating Oil

60,889

ETFS Leveraged Industrial Metal DJ-UBSCISM

150,575

ETFS Leveraged Lead

245,074

ETFS Leveraged Lean Hogs

181,313

ETFS Leveraged Live Cattle

23,414

ETFS Leveraged Livestock DJ-UBSCISM

40,472

ETFS Leveraged Natural Gas

2,732,588,487

ETFS Leveraged Nickel

1,069,361

ETFS Leveraged Petroleum DJ-UBSCISM

103,428

ETFS Leveraged Platinum

515,123

ETFS Leveraged Precious Metals DJ-UBSCISM

67,429

ETFS Leveraged Silver

3,245,456

ETFS Leveraged Softs DJ-UBSCISM

18,228

ETFS Leveraged Soybean Oil

62,747

ETFS Leveraged Soybeans

47,263

ETFS Leveraged Sugar

390,538

ETFS Leveraged Tin

55,829

ETFS Leveraged Wheat

9,273,569

ETFS Leveraged Zinc

200,827

ETFS Short Agriculture DJ-UBSCISM

25,183

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