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Foreside Fund Services, LLC News

Industry Veteran Joins FocusShares Board

MONTVALE, N.J., March 19 PRNewswire — FocusShares Trust (FocusShares) held its quarterly Board of Trustees meeting at its corporate headquarters in Montvale, NJ on March 12, 2008. The Board of Trustees regretfully accepted the resignation of Rob Steele, an Independent Trustee and Chairman of FocusShares. The Board then authorized the nomination of Karl-Otto Hartmann to the position of Independent Trustee to FocusShares and then unanimously approved Mr. Hartmann's election to the Board.

Mr. Hartmann comes to FocusShares with over 17 years of experience in the ETF/Fund industry. Mr. Hartmann worked on development of the SuperTrust series of investment company derivative securities, including securing exemptive relief and regulatory rules changes from the SEC, NASD, Amex and CFTC, which laid the foundation for WEBS, SPDRs, iShares, VIPERS, and similar derivative products and ETFs. Mr. Hartmann served as Senior Vice President, General Counsel & Director at J.P. Morgan Investor Services Company. Mr. Hartmann is a 1977 graduate in Economics from Dartmouth College. He then went on to receive a JD in 1980 from University of Santa Clara School of Law and then a MBA in 1985 from the University of California, Berkley.

The Board also elected Michael Voskian, co-founder of FocusShares and currently a Trustee, to the position of Chairman. In addition, there was an executive officer change whereby the Board authorized and approved the additional title of Vice President to Erik Liik, co-founder and current Secretary to FocusShares.

The FocusShares' first four ETFs began trading on NYSE-Arca on November 30, 2007. They trade under the following names:

FocusShares ISE-CCM Homeland Security Index Fund FocusShares ISE SINdex Fund FocusShares ISE Homebuilders Index Fund FocusShares ISE-Revere Wal-Mart Supplier Index Fund MEDIA CONTACT: Michael Liik 201-930-8500x7003 mliik@focusshares.com

Disclaimers

Before investing you should carefully consider the FocusShares ETF's investment objectives, risks, charges and expenses. This and other information is in the prospectus which can be obtained by visiting http://www.focusshares.com. Please read the prospectus carefully before you invest.

The Funds are subject to investment risk, including the possible loss of principal amount invested. Fund returns may not match the return of their respective Index, known as non-correlation risk, due to operating expenses incurred by the Fund. The Funds may invest in small- and medium-sized companies which involve greater risk than is customarily associated with investing in more established companies. The Funds are non-diversified and as a result may be more volatile than a diversified fund because the Funds may invest in a smaller number of issuers. The Funds are subject to concentration risk due to their concentration in a particular industry meaning the Funds are more susceptible to any single economic, market, or political event affecting the Funds chosen industry class. The Funds are newly organized, have no trading history, and there can be no assurance that active trading markets for the Funds will develop or be maintained.

The Funds are distributed by Foreside Fund Services, LLC.

This release was issued through eReleases(TM). For more information, visit http://www.ereleases.com.

SOURCE FocusShares Trust

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