Reduction of Management Fee

ETFS Metal Securities Limited

 LEI: 213800QFA5KMBW5CVX71

28 June 2019

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 5 July 2019, the Management Fee rate in relation to the ETFS Physical Swiss Gold Individual Securities will be reduced from 0.25 per cent. per annum to 0.19 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 5 June 2019.

 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]