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Redemption of Security

3rd Apr 2008 13:05

ETFS Metal Securities Limited03 April 2008 PRICING SUPPLEMENT Dated: 2 April 2008 ETFS Metal Securities Limited (Incorporated and registered in Jersey under the Companies (Jersey) Law 1991 (as amended) with registered number 95996) (the "Issuer") Programme for the Redemption of ETFS Metal Securities Redemption of 185,000 ETFS Palladium Securities 160,000 ETFS Silver Securities (the "ETFS Metal Securities") This Pricing Supplement (as referred to in the Prospectus (the "Prospectus")dated 18 April 2007 in relation to the above programme) relates to theredemption of the ETFS Metal Securities referred to above. The ETFS MetalSecurities have the terms provided for in the trust instrument date 18 April2007 between the Issuer and The Law Debenture Trust Corporation p.l.c. astrustee constituting the ETFS Metal Securities. Terms used in this PricingSupplement bear the same meaning as in the Prospectus. The particulars inrelation to this issue of ETFS Metal Securities are as follows: Issuer: ETFS Metal Securities Limited Issue Date: 3 April 2008Class or Category of ETFS Metal Securities to which this ETFS PhysicalPricing Supplement applies: Palladium ISIN: JE00B1VS3002 Price per ETFS Metal Security Palladium 0.099537135 troy ouncesAggregate Number of ETFS Metal Securities to whichthis Pricing Supplement applies: 185,000 Class or Category of ETFS Metal Securities to which this ETFS PhysicalPricing Supplement applies: Silver ISIN: JE00B1VS3333 Price per ETFS Metal Security Silver 0.995371311 troy ounces Aggregate Number of ETFS Metal Securities to whichthis Pricing Supplement applies: 160,000 Following the issue of ETFS Metal Securities to which this Pricing Supplementapplies, the following ETFS Metal Securities will be in issue: Class of Individual Securities or Category of Basket Securities Number ETFS Physical Platinum 3,308,089 ETFS Physical Palladium 1,956,330 ETFS Physical Silver 9,269,241 ETFS Physical Gold 10,289,535 ETFS Physical PM Basket 1,032,684 SIGNED on behalf of ETFS Metal Securi.ties Limited By: Chris Osgood Paul Carpenter Authorised Signatory Authorised Signatory This information is provided by RNS The company news service from the London Stock Exchange

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