Market Vectors Family of ETFs Announces Distributions

The Market Vectors ETF Trust announced today the following per share annual distributions for 2009 for the Market Vectors family of equity exchange-traded funds.

The following dates apply to today’s distribution declarations:

Ex-Date

Record Date

Payable Date

December 23, 2009 December 28, 2009 December 30, 2009
ETFsTickerDividend

Short-Term
Capital Gain

Long-Term
Capital Gain

Market Vectors Africa Index ETF AFK $0.229 None None
Market Vectors Agribusiness ETF MOO $0.422 None None
Market Vectors Brazil Small-Cap ETF BRF $0.199 $0.252 None
Market Vectors Coal ETF KOL $0.308 None None
Market Vectors Environmental Services ETF EVX $0.376 None None
Market Vectors Gaming ETF BJK $0.513 None None
Market Vectors Global Alternative Energy ETF GEX $0.012 None None
Market Vectors Gold Miners ETF GDX $0.111 None None
Market Vectors Gulf States Index ETF MES $0.180 None None
Market Vectors Junior Gold Miners ETF GDXJ None None None
Market Vectors Indonesia Index ETF IDX $0.180 None None
Market Vectors Nuclear Energy ETF NLR $0.418 None None
Market Vectors Poland ETF PLND None None None
Market Vectors RVE Hard Assets Producers ETF HAP $0.247 None None
Market Vectors Russia ETF RSX $0.079 None None
Market Vectors Solar Energy ETF KWT $0.086 None None
Market Vectors Steel ETF SLX $0.982 None None
Market Vectors Vietnam ETF VNM None $0.036 None

The amount of dividends paid by each fund may vary from time to time. Past amounts of dividends are no guarantee of future dividend payment amounts.

Van Eck does not provide legal, tax or accounting advice. Any statement contained in this communication concerning U.S. tax matters is not intended or written to be used, and cannot be used, for the purpose of avoiding penalties imposed on the relevant taxpayer. Shareholders or potential shareholders of the Market Vectors ETFs should obtain their own independent tax advice based on their particular circumstances.

About Van Eck Global

Founded in 1955, Van Eck Associates Corporation was among the first U.S. money managers helping investors achieve greater diversification through global investing. Today the firm continues the 50+ year tradition by offering global investment choices in hard assets, emerging markets, precious metals including gold, and other specialized asset classes.

Market Vectors exchange-traded products have been offered by Van Eck Global since 2006 when the firm launched the nation’s first gold mining ETF. Today, Market Vectors ETFs and ETNs span several asset classes, including equities, municipal bonds and currency markets.

Van Eck Global also offers mutual funds, insurance trust funds, separate accounts and alternative investments. Designed for investors seeking innovative choices for portfolio diversification, Van Eck Global’s investment products are often categorized in asset classes having returns with low correlations to those of more traditional U.S. equity and fixed income investments.

Please call 1.888.MKT.VCTR or visit our website for the most recent month-end performance of Market Vectors ETFs. This information will be available no later than seven business days after the most recent month end.

The principal risks of investing in Market Vectors ETFs include sector, market, economic, political, foreign currency, world event, index tracking and non-diversification risks, as well as fluctuations in net asset value and the risks associated with investing in less developed capital markets. The Funds may loan their securities, which may subject them to additional credit and counterparty risk. Please see the Prospectus of each Fund for more complete information regarding its specific risks.

Fund shares are not individually redeemable and will be issued and redeemed at their NAV only through certain authorized broker-dealers in large, specified blocks of shares called “creation units” and otherwise can be bought and sold only through exchange trading. Creation units are issued and redeemed principally in kind. Shares may trade at a premium or discount to their NAV in the secondary market.

Investors may call 1.888.MKT.VCTR or visit www.vaneck.com/etf for a free prospectus. They should consider the investment objective, risks, and charges and expenses of Market Vectors ETFs carefully before investing. The prospectus contains this and other information. Please read the prospectus carefully before investing.

Van Eck Securities Corporation, Distributor, 335 Madison Avenue, New York, NY 10017

Contacts:

MacMillan Communications
Mike MacMillan/Chris Sullivan, 212-473-4442
mike@macmillancom.com
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