Reduction of Management Fee

ETFS Metal Securities Limited

LEI: 213800QFA5KMBW5CVX71

4 August 2017

ETFS Metal Securities Limited

ETFS Physical Swiss Gold (SGBS)

Reduction of Management Fee

ETFS Metal Securities Limited (the "Issuer") hereby announces that, with effect from 14 August 2017, the Management Fee rate in relation to the ETFS Physical Swiss Gold Individual Securities will be reduced from 0.29 per cent. per annum to 0.25 per cent. per annum.

Terms used in this announcement and not otherwise defined bear the same meanings as where used in the prospectus of the Issuer dated 9 May 2017.

For further information, please contact:

Ciaran Hocking

R&H Fund Services (Jersey) Limited

Tel: +44 (0) 1534 825200

Fax: +44 (0) 1534 825335

E-mail address: [email protected]