CurrencyShares(SM) ETFs Declare Monthly Distributions

ROCKVILLE, MD -- (Marketwire) -- 11/05/08 -- Rydex Investments today announced the distribution declarations for seven CurrencyShares exchange traded products: CurrencyShares(SM) Australian Dollar Trust (NYSE: FXA), CurrencyShares(SM) British Pound Sterling Trust (NYSE: FXB), CurrencyShares(SM) Canadian Dollar Trust (NYSE: FXC), CurrencyShares(SM) Euro Trust (NYSE: FXE), CurrencyShares(SM) Mexican Peso Trust (NYSE: FXM), CurrencyShares(SM) Swedish Krona Trust (NYSE: FXS) and CurrencyShares(SM) Swiss Franc Trust (NYSE: FXF).

                       Declara-    Ex-
                         tion    dividend  Record    Payable   Distribution
Fund Name       Ticker   Date     Date      Date      Date      Per Share
                ------ -------- --------- --------- ---------- ------------
CurrencyShares
 Australian
 Dollar Trust      FXA 10/31/08 11/3/2008 11/5/2008 11/10/2008 $    0.28091
                ------ -------- --------- --------- ---------- ------------
CurrencyShares
 British Pound
 Sterling Trust    FXB 10/31/08 11/3/2008 11/5/2008 11/10/2008 $    0.49959
                ------ -------- --------- --------- ---------- ------------
CurrencyShares
 Canadian
 Dollar Trust      FXC 10/31/08 11/3/2008 11/5/2008 11/10/2008 $    0.10444
                ------ -------- --------- --------- ---------- ------------
CurrencyShares
 Euro Trust        FXE 10/31/08 11/3/2008 11/5/2008 11/10/2008 $    0.34517
                ------ -------- --------- --------- ---------- ------------
CurrencyShares
 Mexican Peso
 Trust             FXM 10/31/08 11/3/2008 11/5/2008 11/10/2008 $    0.58812
                ------ -------- --------- --------- ---------- ------------
CurrencyShares
 Swedish Krona
 Trust             FXS 10/31/08 11/3/2008 11/5/2008 11/10/2008 $    0.40553
                ------ -------- --------- --------- ---------- ------------
CurrencyShares
 Swiss Franc
 Trust             FXF 10/31/08 11/3/2008 11/5/2008 11/10/2008 $    0.07979
                ------ -------- --------- --------- ---------- ------------

Distributions are made to shareholders on a pro rata basis (in accordance with the number of shares that are owned) only in the event that the interest earned by the Trust exceeds the sum of the sponsor's fee for the prior month plus other Trust expenses, if any. There is no guarantee that distributions will be made on a monthly basis.

CurrencyShares(SM) offer investors and institutions a convenient and cost-effective method of gaining investment benefits similar to that of holding foreign currencies, including potential diversification and hedging benefits. More details about the funds are available at www.currencyshares.com.

The sponsor of the CurrencyShares Trusts is Rydex Specialized Products LLC, d/b/a Rydex Investments. The distributor of these exchange traded funds is Rydex Distributors, Inc., an affiliate of Rydex Investments and Rydex Specialized Products, LLC. M7 Ventures, LLC collaborated with Rydex in connection to all CurrencyShares exchange traded products. Bank of New York (NYSE: BK) is the trustee of the Trust and J.P. Morgan Investor Services acting through JPMorgan Chase Bank, N.A., (NYSE: JPM) London Branch is the depository for each trust.

This information must be accompanied by a current CurrencyShares prospectus, which may be obtained directly by accessing the following links: CurrencyShares Australian Dollar (FXA); CurrencyShares British Pound Sterling (FXB); CurrencyShares Canadian Dollar (FXC); CurrencyShares Euro (FXE); CurrencyShares Mexican Peso (FXM); CurrencyShares Swedish Krona (FXS); CurrencyShares Swiss Franc (FXF). Investors should consider the investment objectives, risks, charges and expenses of each fund carefully before investing. Each fund's prospectus contains this and other information about the fund. Please read the prospectus carefully before you invest or send money. CurrencyShares Trusts are not investment companies registered under the Investment Company Act of 1940.

About Rydex

Rydex Investments continues to drive change in the financial industry by introducing investment products and services that challenge conventional thinking, empower investors and provide essential new options for uncertain market conditions. Rydex manages approximately $12.6 billion in assets via nearly 100 mutual funds and exchange traded products.

CurrencyShares are subject to risks similar to those of stocks and may not be suitable for all investors. Investors should consider the investment objectives, risks, charges and expenses of these products carefully before investing. The prospectus pertaining to each product contains this and other information about the product. Please read the applicable prospectus, including the Risk Factors section, carefully before you invest. Shares can be bought and sold through a broker and the selling shareholder may have to pay brokerage commissions in connection with the sale. Investment returns and principal value will fluctuate so that when shares are redeemed, they may be worth more or less than original cost. Shares may only be redeemed directly from the Trust by Authorized Participants via baskets (as defined in the prospectus). There can be no assurance that an active trading market for the shares will develop or be maintained. The value of the shares relates directly to the value of the currency held by the Trust. For a more complete discussion of risk factors applicable to the Trust, read the prospectus carefully.