The following Claymore-advised exchange-traded funds (“ETFs”) and closed-end funds (“CEFs” and, collectively with the ETFs, the “Funds”) announce that the reconvened Joint Special Meeting of Shareholders of the Funds, scheduled for February 2, 2010, has been adjourned for a second time and will reconvene again on February 18, 2010 at 12:00 p.m. CST at 2455 Corporate West Drive, Lisle, IL 60532:

Exchange-Traded Funds:

Ticker   Fund Name

CGW

 

Claymore S&P Global Water Index ETF

EEB

 

Claymore/BNY Mellon BRIC ETF

EEN

 

Claymore/BNY Mellon EW Euro-Pacific LDRs ETF

ENY

 

Claymore/SWM Canadian Energy Income Index ETF

EXB

 

Claymore/Beacon Global Exchanges, Brokers & Asset Managers Index ETF

FAA

 

Claymore/NYSE Arca Airline ETF

HAO

 

Claymore/AlphaShares China Small Cap Index ETF

IRO

 

Claymore/Zacks Dividend Rotation ETF

LVL

 

Claymore/S&P Global Dividend Opportunities Index ETF

OTR

 

Claymore/Ocean Tomo Growth Index ETF

ROB

 

Claymore/Robb Report Global Luxury Index ETF

RYJ

 

Claymore/Raymond James SB-1 Equity ETF

SEA

 

Claymore/Delta Global Shipping Index ETF

TAN

 

Claymore/MAC Global Solar Energy Index ETF

ULQ

 

Claymore U.S. Capital Markets Micro-Term Fixed Income ETF

XRO

 

Claymore/Zacks Sector Rotation ETF

Closed-End Funds:

Ticker   Fund Name

OLA

 

Old Mutual/Claymore Long-Short Fund

TYW

 

TS&W/Claymore Tax-Advantaged Balanced Fund

Claymore Advisors, LLC, an affiliate of Claymore Securities, Inc., serves as the Funds’ Investment Adviser. Claymore Securities, Inc. is a privately-held financial services company offering unique investment solutions for financial advisors and their valued clients. Claymore entities have provided supervision, management or servicing on approximately $15.2 billion in assets, as of December 31, 2009. Claymore currently offers closed-end funds, unit investment trusts and exchange-traded funds. Registered investment products are sold by prospectus only and investors should read the prospectus carefully before investing. For more information regarding the Funds, please visit www.claymore.com.

This information does not represent an offer to sell securities of the Funds and it is not soliciting an offer to buy securities of the Funds. An investment in any investment product is subject to certain risks and other considerations, including the possible loss of the entire principal amount you invest. There can be no assurance that any investment product will achieve its investment objectives. An investment in non-U.S. issuers involves risks that are in addition to the risks associated with domestic issuers; and therefore, may be subject to additional currency, political, economic, and market risks. The net asset value of the Funds will fluctuate with the value of the underlying securities. It is important to note that closed-end funds trade on their market value, not net asset value, and closed-end funds often trade at a discount to their net asset value. See www.claymore.com for a detailed discussion of fund-specific risks.

Investors should consider the investment objectives and policies, risk considerations, charges and expenses of the Funds carefully before they invest. For this and more information, please contact a securities representative or Claymore Securities, Inc., 2455 Corporate West Drive, Lisle, Illinois 60532, 800-345-7999.

Member FINRA/SIPC (2/10)

NOT FDIC-INSURED | NOT BANK-GUARANTEED | MAY LOSE VALUE

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