Redemption Of ETFS Commodity Securities

Dated 16 Dec 2011

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 redemption of ETFS Commodity Securities

Multiple redemption 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 12 April 2011 in relation to the above Programme) relates to the redemption 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 Dec 2011

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 Agriculture DJ-UBSCISM

GB00B15KYH63

7.2289337

350000

ETFS Crude Oil

GB00B15KXV33

25.6455326

450000

ETFS Lean Hogs

GB00B15KXZ70

1.0669569

500000

ETFS Live Cattle

GB00B15KY096

7.3057286

100000

ETFS Platinum

JE00B2QY0F45

40.7816057

12500

ETFS Precious Metals DJ-UBSCISM

GB00B15KYF40

24.9837661

30000

ETFS Silver

GB00B15KY328

32.8771728

60000

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 Forward Live Cattle

40,860

ETFS Forward Livestock DJ-UBSCI-F3SM

37,501

ETFS Forward Natural Gas

2,170,568

ETFS Forward Petroleum DJ-UBSCI-F3SM

207,331

ETFS Forward Softs DJ-UBSCI-F3SM

106,768

ETFS Gasoline

478,988

ETFS Gold

8,224,493

ETFS Grains DJ-UBSCISM

11,678,681

ETFS Heating Oil

777,041

ETFS Industrial Metals DJ-UBSCISM

11,993,045

ETFS Lead

33,125

ETFS Lean Hogs

18,980,925

ETFS Live Cattle

1,472,422

ETFS Livestock DJ-UBSCISM

10,823,199

ETFS Natural Gas

1,627,728,968

ETFS Nickel

2,203,447

ETFS Petroleum DJ-UBSCISM

461,840

ETFS Platinum

143,166

ETFS Precious Metals DJ-UBSCISM

6,636,985

ETFS Silver

2,104,600

ETFS Softs DJ-UBSCISM

2,118,452

ETFS Soybean Oil

660,622

ETFS Soybeans

1,936,565

ETFS Sugar

1,180,600

ETFS Tin

16,642

ETFS Wheat

84,961,503

ETFS Zinc

3,907,554

ETFS Agriculture DJ-UBSCISM

80,056,842

ETFS All Commodities DJ-UBSCISM

26,303,709

ETFS Aluminium

9,750,767

ETFS Cocoa

1,761,234

ETFS Coffee

4,128,237

ETFS Copper

5,339,431

ETFS Corn

39,709,538

ETFS Cotton

9,698,519

ETFS Crude Oil

12,804,653

ETFS Energy DJ-UBSCISM

19,540,811

ETFS Ex-Energy DJ-UBSCISM

1,258,726

ETFS Forward Agriculture DJ-UBSCI-F3SM

2,944,214

ETFS Forward All Commodities DJ-UBSCI-F3SM

1,696,546

ETFS Forward Crude Oil

34,128

ETFS Forward Energy DJ-UBSCI-F3SM

522,312

ETFS Forward Ex-Energy DJ-UBSCI-F3SM

40,466

ETFS Forward Grains DJ-UBSCI-F3SM

2,712,934

ETFS Forward Heating Oil

3,532

ETFS Forward Industrial Metals DJ-UBSCI-F3SM

906,721

ETFS Forward Lean Hogs

37,968

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

Class Micro Securities

Number

Cocoa

1,000,000

Coffee

1,000,000

Copper

1,000,000

Corn

1,000,000

Cotton

1,000,000

Gold

1,000,000

Lead

1,000,000

Lean Hogs

1,000,000

Live Cattle

1,000,000

Natural Gas

1,000,000

Nickel

1,000,000

Oil

1,000,000

Platinum

1,000,000

Refined Products

1,000,000

Silver

1,000,000

Soybean Oil

1,000,000

Soybeans

1,000,000

Sugar

1,000,000

Tin

1,000,000

Wheat

1,000,000

Zinc

1,000,000

Forward Agriculture

1,000,000

Forward All commodities

1,000,000

Forward Aluminium

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