ETFS Commodity Sec - Redemption of Securities

* Reuters is not responsible for the content in this press release.

Tue Jan 22, 2008 9:35am EST

RNS Number:2996M
ETFS Commodity Securities Limited
22 January 2008


PRICING SUPPLEMENT

Dated 18 January 2008



                       ETFS COMMODITY SECURITIES LIMITED

  (Incorporated and registered in Jersey under the Companies (Jersey) Law 1991
                   (as amended) with registered number 90959)
                                 (the "Issuer")

           Programme for the Redemption of ETFS Commodity Securities

                             Multiple Redemption of

  the number, class and type of Commodity Securities detailed below (the "ETFS
                             Commodity Securities")

This Pricing Supplement (as referred to in the prospectus (the "Prospectus")
dated 18September 2007 in relation to the above Programme) relates to the
redemption of the ETFS Commodity Securities set out below.  The ETFS Commodity
Securities have the terms provided for in the trust instrument dated 21
September 2006 as amended by a supplemental trust instrument dated 17 September
2007 between the Issuer and The Law Debenture Trust Corporation p.l.c. as
trustee constituting the ETFS Commodity Securities.  Terms used in this Pricing
Supplement bear the same meaning as in the Prospectus.  The particulars in
relation to this redemption of ETFS Commodity Securities are as follows:

For all Securities being redeemed:


Issuer:                                 ETFS Commodity Securities Limited

Issue Date:                             21 January 2008





Details of each Security being redeemed:




                                                                                          Aggregate Number of
                                                                                          ETFS Commodity
Class or Category of ETFS Commodity                             Price per ETFS Commodity  Securities to which
Securities to which this Pricing                                Security                  this Pricing
Supplement applies                        ISIN                                            Supplement applies
                                                                All Prices in US$


                                          
ETFS GRAINS DJ-AIGCI                      GB00B15KYL00                      US$7.7297686              450,000







Following the redemption of ETFS Commodity Securities to which this Pricing
Supplement applies, the following ETFS Commodity Securities will be in issue:

Class of Individual Securities or Category of Index Securities                      Number

ETFS Aluminium                                                                     867,000
ETFS Coffee                                                                      6,344,000
ETFS Copper                                                                        343,153
ETFS Corn                                                                       22,757,599
ETFS Cotton                                                                     22,460,885
ETFS Crude Oil                                                                     231,803
ETFS Gasoline                                                                       76,100
ETFS Gold                                                                        8,492,453
ETFS Heating Oil                                                                   104,100
ETFS Lean Hogs                                                                   1,787,000
ETFS Live Cattle                                                                   638,226
ETFS Natural Gas                                                                25,070,521
ETFS Nickel                                                                        544,942
ETFS Silver                                                                      2,684,548
ETFS Soybean Oil                                                                   467,323
ETFS Soybeans                                                                    2,405,100
ETFS Sugar                                                                       4,363,605
ETFS Wheat                                                                       8,455,500
ETFS Zinc                                                                          409,517
ETFS Forward Aluminium                                                                   0
ETFS Forward Coffee                                                                      0
ETFS Forward Copper                                                                      0
ETFS Forward Corn                                                                        0
ETFS Forward Cotton                                                                      0
ETFS Forward Crude Oil                                                                   0
ETFS Forward Gasoline                                                                    0
ETFS Forward Gold                                                                        0
ETFS Forward Heating Oil                                                               500
ETFS Forward Lean Hogs                                                               6,000
ETFS Forward Live Cattle                                                             2,000
ETFS Forward Natural Gas                                                         2,385,000
ETFS Forward Nickel                                                                      0
ETFS Forward Silver                                                                      0
ETFS Forward Soybean Oil                                                                 0
ETFS Forward Soybeans                                                                    0
ETFS Forward Sugar                                                                       0
ETFS Forward Wheat                                                                       0
ETFS Forward Zinc                                                                        0
ETFS All Commodities DJ-AIGCI                                                 2,897 ,500
ETFS Agriculture DJ-AIGCI                                                       55,976,919
ETFS Energy DJ-AIGCI                                                               420,426
ETFS Ex-Energy DJ-AIGCI                                                          1,955,000
ETFS Grains DJ-AIGCI                                                            23,017,760
ETFS Industrial Metals DJ-AIGCI                                                  1,221,475
ETFS Livestock DJ-AIGCI                                                          1,380,190
ETFS Petroleum DJ-AIGCI                                                             78,811
ETFS Precious Metals DJ-AIGCI                                                    7,670,944
ETFS Softs DJ-AIGCI                                                             17,483,000
ETFS Forward All Commodities DJ-AIGCI                                               51,000
ETFS Forward Agriculture DJ-AIGCI                                                3,337,000
ETFS Forward Energy DJ-AIGCI                                                         1,000
ETFS Forward Ex-Energy DJ-AIGCI                                                     11,000
ETFS Forward Grains DJ-AIGCI                                                     1,377,000
ETFS Forward Industrial Metals DJ-AIGCI                                              6,000
ETFS Forward Livestock DJ-AIGCI                                                     21,000
ETFS Forward Petroleum DJ-AIGCI                                                     26,000
ETFS Forward Precious Metals DJ-AIGCI                                                    0
ETFS Forward Softs DJ-AIGCI                                                         10,000









In addition, the following Micro Securities will be in issue:
Class Micro Securities                                                              Number

Aluminium                                                                        1,000,000
Coffee                                                                           1,000,000
Copper                                                                           1,000,000
Corn                                                                             1,000,000
Cotton                                                                           1,000,000
Crude Oil                                                                        1,000,000
Gasoline                                                                         1,000,000
Gold                                                                             1,000,000
Heating Oil                                                                      1,000,000
Lean Hogs                                                                        1,000,000
Live Cattle                                                                      1,000,000
Natural Gas                                                                      1,000,000
Nickel                                                                           1,000,000
Silver                                                                           1,000,000
Soybean Oil                                                                      1,000,000
Soybeans                                                                         1,000,000
Sugar                                                                            1,000,000
Wheat                                                                            1,000,000
Zinc                                                                             1,000,000
Forward Aluminium                                                                1,000,000
Forward Coffee                                                                   1,000,000
Forward Copper                                                                   1,000,000
Forward Corn                                                                     1,000,000
Forward Cotton                                                                   1,000,000
Forward Crude Oil                                                                1,000,000
Forward Gasoline                                                                 1,000,000
Forward Gold                                                                     1,000,000
Forward Heating Oil                                                              1,000,000
Forward Lean Hogs                                                                1,000,000
Forward Live Cattle                                                              1,000,000
Forward Natural Gas                                                              1,000,000
Forward Nickel                                                                   1,000,000
Forward Silver                                                                   1,000,000
Forward Soybean Oil                                                              1,000,000
Forward Soybeans                                                                 1,000,000
Forward Sugar                                                                    1,000,000
Forward Wheat                                                                    1,000,000
Forward Zinc                                                                     1,000,000





____________________

Chris Osgood


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

MSCFKBKNQBKDNDB
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.