Guggenheim Partners to Acquire Claymore Group

Acquisition includes all Claymore-associated entities: Claymore Securities,
Claymore Advisors and Claymore Investments in Canada
CHICAGO--(Business Wire)--
Guggenheim Partners, a global diversified financial services firm, and Claymore
Group, a leading provider of innovative investment products including exchange
traded funds, closed-end funds and unit investment trusts, today announced that
they have entered into an agreement and plan of merger. As part of the
transaction, Claymore Group and its associated entities including Claymore
Securities, Claymore Advisors and Claymore Investments in Canada, will become
wholly owned subsidiaries of Guggenheim Partners. Terms of the transaction were
not disclosed.

"We are extremely pleased to have entered into this agreement with Claymore,"
stated Mark Walter, chief executive officer of Guggenheim Partners. "Claymore
has clearly established itself as a leader within the retail investment space
and perfectly complements our already robust institutional investment management
capabilities. The transaction will enhance our retail distribution, product
development and marketing prowess, especially among financial advisors. Like
Guggenheim, Claymore embraces innovation while remaining entirely focused on the
needs of its clients. Together, we will reach a broader array of investors with
innovative financial products as well as best-in-class asset management and
research services."

"This is a tremendous opportunity for Claymore and our clients," said David
Hooten, chairman and chief executive officer of Claymore Group. "As part of a
platform as strong and significant as Guggenheim Partners, we will be able to
continue developing our unique investment products for financial advisors and
retail investors."

The transaction is subject to customary regulatory and other approvals and is
expected to close at the end of the third quarter of this year.

About Claymore Securities

Claymore Securities, Inc. is a privately held financial services company
offering unique investment solutions for financial advisors and their retail
investors. Claymore is an innovator in exchange-traded funds (ETFs), unit
investment trusts (UITs) and closed-end funds (CEFs), is often the
first-to-market provider of creative investment vehicles. In total, Claymore
entities have provided supervision, management, servicing and/or distribution on
approximately $12.9 billion in assets as of June 30, 2009. Led by a seasoned and
experienced management team, Claymore brings together what it believes to be
best-in-class asset managers and index providers to create innovative investment
solutions that are used to establish strategic partnerships with investment
professionals.

About Guggenheim Partners

Guggenheim Partners, LLC is a diversified financial services firm with more than
$100 billion in assets under supervision. The firm`s businesses include
investment management, investment advisory, investment banking and capital
markets services. The firm is headquartered in Chicago and New York with a
global network of offices throughout the United States, Europe and Asia. For
more information, please visit www.guggenheimpartners.com.

Investors should consider the investment objectives and policies, risk
considerations, charges and ongoing expenses associated with investing in any
investment product, which may cause you to lose money. The prospectus contains
this and other information relevant to an investment. Please read the prospectus
carefully before you invest or send money. For this and more information, please
contact a securities representative or Claymore Securities, Inc.

NOT FDIC - INSURED • NOT BANK - GUARANTEED • MAY LOSE VALUE
Claymore Securities, Inc. • 2455 Corporate West Drive • Lisle, Illinois 60532
1-800-345-7999 • www.claymore.com
Member FINRA/SIPC 7/09

Guggenheim Partners
Jeffrey Kelley
Office: 312-977-4029
Mobile: 312-480-9322
jeffrey.kelley@guggenheimpartners.com
or
Claymore:
Edelman
Melissa Kanter
Office: 212-704-8261
Mobile: 917-848-3006
melissa.kanter@edelman.com

Copyright Business Wire 2009