Claymore Announces Securityholder Approval of Proposed Acquisition of Claymore by Blackrock and Adjournment of Certain Meetings Regarding the Proposed Acquisition

TORONTO, Feb. 24, 2012 /CNW/ - Claymore Investments, Inc. ("Claymore"), the manager of various exchange-traded funds and closed-end funds (collectively, the "Claymore Funds"), is pleased to announce that today, securityholders of the following Claymore Funds approved the proposed acquisition of Claymore by BlackRock, Inc. (the "Acquisition"):

Claymore 1-10 Yr Laddered Government Bond ETF	Claymore Broad Emerging Markets ETF	Claymore Oil Sands Sector ETF
Claymore 1-5 Yr Laddered Corporate Bond ETF	Claymore Canadian Financial Monthly Income ETF	Claymore Premium Money Market ETF
Claymore 1-5 Yr Laddered Government Bond ETF	Claymore Equal Weight Banc & Lifeco ETF	Claymore S&P Global Water ETF
Claymore Advantaged Canadian Bond ETF	Claymore Global Agriculture ETF	Claymore S&P/TSX CDN Preferred Share ETF
Claymore Advantaged High Yield Bond ETF	Claymore Global Infrastructure ETF	Claymore S&P/TSX Global Mining ETF
Claymore Advantaged Short Duration High Income ETF	Claymore Global Monthly Advantaged Dividend ETF	Claymore US Fundamental Index ETF
Claymore BRIC ETF	Claymore Gold Bullion ETF	Claymore Silver Bullion Trust
Claymore Broad Commodity ETF	Claymore International Fundamental Index ETF	Big Bank Big Oil Split Corp. (Class A Preferred Shares)

The meetings of securityholders of the following Claymore Funds, scheduled to be held today to consider the Acquisition, have been adjourned due to lack of quorum:

Claymore 1-10 Yr Laddered Corporate Bond ETF	Claymore China ETF	Claymore S&P US Dividend Growers ETF
Claymore Advantaged Convertible Bond ETF	Claymore Global Real Estate ETF	Claymore S&P/TSX Canadian Dividend ETF
Claymore Balanced Growth CorePortfolio™ ETF	Claymore Inverse 10 Yr Government Bond ETF	Big Bank Big Oil Split Corp. (Class A Capital Shares)
Claymore Balanced Income CorePortfolio™ ETF	Claymore Japan Fundamental Index ETF C$ hedged
Claymore Canadian Fundamental Index ETF	Claymore Natural Gas Commodity ETF

The reconvened meetings of such Claymore Funds will take place at 8:30 a.m. (Toronto time) on March 6, 2012 at Suite 6300, 1 First Canadian Place, 100 King Street West, Toronto, Ontario. At the reconvened meeting, the securityholders of the Claymore Fund present in person or represented by proxy will constitute a quorum.

The management information circular of the Claymore Funds, which provides a detailed discussion of the Acquisition, is available on the Claymore Funds' website at http://www.claymoreinvestments.ca/docs/default-document-library/notice-of-meeting-of-securityholders-and-management-information-circular.pdf and on SEDAR at www.sedar.com.

Securityholders who have questions or need any additional information should contact their professional advisors or Laurel Hill Advisory Group, the proxy solicitation agent in connection with the meetings, toll-free within North America at 1-888-742-1305 or collect 416-304-0211, or by email to: [email protected].

About Claymore

Claymore Investments, Inc. ("Claymore") is a leader in bringing intelligent, low cost exchange-traded funds to Canada through its family of exchange-traded and closed-end funds across broad asset classes including core equity, global sectors, fixed income and commodities. With approximately $7.4 billion in assets under management as of January 31, 2012, Claymore is a subsidiary of Guggenheim Funds Services Group, Inc., a financial services and asset management company based in the Chicago, Illinois area and is an indirect subsidiary of Guggenheim Partners, LLC, a global, diversified financial services firm with more than $125 billion in assets under supervision.

For further information about Claymore or the Claymore Funds, please visit our website at www.claymoreinvestments.ca.

 

For media inquiries, please contact:

Claymore Investments, Inc.
Dan Rubin
Vice-President, Marketing
[phone]
[email protected]