PPH

Van Eck Global made public this afternoon the results of rebalancing transactions associated with exchange offers by its Market Vectors ETF Trust for six Merrill Lynch-sponsored HOLDRS: Oil Service (OIH), Semiconductor (SMH), Pharmaceutical (PPH), Biotech (BBH), Retail (RTH), and Regional Bank (RKH). Earlier today, the firm announced the expiration of the exchange offers and the formal acceptance of validly tendered HOLDRS. (This announcement was made through a separate press release, which can be found on the firm’s website at vaneck.com/holdrs.)

The Rebalanced HOLDRS Securities Value, as summarized below, is the value of the securities underlying the tendered HOLDRS receipts after giving effect to purchases and sales performed by the Transition Manager (ConvergEx Group) today, December 20, 2011, following the expiration of the exchange offers. Values shown are for a round lot of 100 HOLDRS/100 shares of an ETF. The Rebalanced HOLDRS Securities Values can also be found on the company’s website at vaneck.com/holdrs.

        Market Value OIH         Rebalanced as of 4PM Rebalanced HOLDRS Securities Value     HOLDRS Weighting NYC Time #   Security   Ticker         1   BAKER HUGHES INC   BHI US   6.7 %   759.41 2   CAMERON INTERNATIONAL CORP   CAM US   4.4 %   505.13 3   COMPLETE PRODUCTION SERVICES   CPX   1.0 %   118.41 4   CORE LABORATORIES N.V.   CLB   2.4 %   273.50 5   DIAMOND OFFSHORE DRILLING   DO US   1.7 %   198.94 6   DRESSER-RAND GROUP INC   DRC   1.8 %   208.53 7   ENSCO PLC-SPON ADR   ESV US   3.0 %   340.49 8   FMC TECHNOLOGIES   FTI US   4.7 %   536.27 9   HALLIBURTON CO   HAL US   9.7 %   1,107.06 10   HELMERICH & PAYN   HP US   2.7 %   309.65 11   MCDERMOTT INTL   MDR US   1.1 %   125.73 12   NABORS INDS LTD   NBR US   2.2 %   249.78 13   NATIONAL OILWELL VARCO INC   NOV US   9.1 %   1,034.36 14   NOBLE CORP   NE US   3.6 %   407.51 15   OCEANEERING INTL INC   OII US   2.2 %   256.16 16   OIL STATES INTL   OIS US   1.7 %   194.80 17   PATTERSON-UTI   PTEN US   1.4 %   155.12 18   ROWAN COMPANIES INC   RDC   1.7 %   198.36 19   SCHLUMBERGER LTD   SLB US   19.3 %   2,202.10 20   SEADRILL LTD   SDRL   4.4 %   505.29 21   SUPERIOR ENERGY   SPN US   1.0 %   112.65 22   TENARIS-ADR   TS US   3.8 %   429.45 23   TIDEWATER INC   TDW   1.1 %   124.66 24   TRANSOCEAN LTD   RIG US   4.7 %   533.20 25   WEATHERFORD INTL LTD   WFT US   4.6 %   520.01 26   Cash       0.1 %   10.81 Rebalanced HOLDRS Securities Value 100.00 % 11,417.39     Market Value SMH     Rebalanced as of 4PM Rebalanced HOLDRS Securities Value     HOLDRS Weighting NYC Time #   Security   Ticker         1   ADVANCED MICRO DEVICES   AMD   1.20 %   34.53 2   ALTERA CORP   ALTR   4.50 %   134.22 3   ANALOG DEVICES   ADI   4.00 %   118.61 4   APPLIED MATERIALS INC   AMAT   4.40 %   130.82 5   ARM HOLDINGS PLC-SPONS ADR   ARMH   4.40 %   133.04 6   ASML HOLDING-NY   ASML US   5.10 %   154.16 7   ATMEL CORP   ATML US   1.40 %   41.58 8   AVAGO TECHNOLOGIES LTD   AVGO   2.20 %   66.01 9   BROADCOM CORP-A   BRCM US   4.90 %   147.99 10   CREE INC   CREE US   0.90 %   26.89 11   INTEL CORP   INTC   19.50 %   583.47 12   KLA-TENCOR CORP   KLAC US   3.10 %   91.47 13   LAM RESEARCH   LRCX US   1.70 %   50.61 14   LINEAR TECH CORP   LLTC US   2.60 %   77.00 15   MARVELL TECHNOLOGY GROUP LTD   MRVL   2.70 %   80.80 16   MAXIM INTEGRATED PRODUCTS   MXIM   2.90 %   86.60 17   MICROCHIP TECHNOLOGY INC   MCHP   2.50 %   75.62 18   MICRON TECH   MU US   2.20 %   64.60 19   NVIDIA CORP   NVDA   3.10 %   91.33 20   ON SEMICONDUCTOR   ONNN US   1.20 %   36.64 21   SKYWORKS SOLUTIONS INC   SWKS   1.10 %   32.81 22   TAIWAN SEMICONDUCTOR-SP ADR   TSM   12.80 %   383.48 23   TERADYNE INC   TER   1.00 %   28.92 24   TEXAS INSTRUMENT   TXN US   7.30 %   218.07 25   XILINX INC   XLNX   3.20 %   97.12 26   Cash       0.12 %   8.91 Rebalanced HOLDRS Securities Value 100.00 % 2,995.30     Market Value PPH         Rebalanced as of 4PM Rebalanced HOLDRS Securities Value     HOLDRS Weighting NYC Time #   Security   Ticker         1   ABBOTT LABORATORIES   ABT   4.9 %   353.80 2   ALLERGAN INC   AGN   4.6 %   328.30 3   ASTRAZENECA PLC-SPONS ADR   AZN   4.9 %   351.72 4   BRISTOL-MYER SQB   BMY US   5.1 %   368.91 5   ELAN CORP PLC -SPONS ADR   ELN   2.5 %   183.26 6   ELI LILLY & CO   LLY   4.6 %   331.42 7   ENDO PHARMACEUT HLDGS INC   ENDP   1.7 %   119.09 8   FOREST LABS INC   FRX US   3.3 %   235.42 9   GLAXOSMITHKLINE PLC-SPON ADR   GSK   4.9 %   353.90 10   HOSPIRA INC   HSP US   2.0 %   141.39 11   JOHNSON & JOHNSON   JNJ   7.4 %   534.48 12   MEDICIS PHARMACEUTICAL-CL A   MRX   0.8 %   58.56 13   MERCK & CO. INC.   MRK US   5.1 %   367.73 14   MYLAN INC   MYL   3.7 %   266.10 15   NOVARTIS AG-ADR   NVS   5.6 %   406.17 16   NOVO-NORDISK A/S-SPONS ADR   NVO   4.4 %   316.12 17   PERRIGO CO   PRGO US   3.5 %   254.79 18   PFIZER INC   PFE US   7.0 %   506.14 19   SALIX PHARMACEUTICALS LTD   SLXP   1.1 %   77.25 20   SANOFI-AVENTIS-ADR   SNY   4.9 %   354.21 21   SHIRE PLC-ADR   SHPGY   4.4 %   317.83 22   TEVA PHARMACEUTICAL-SP ADR   TEVA   4.7 %   336.64 23   VALEANT PHARMACEUTICALS INTE   VRX   4.3 %   309.08 24   WARNER CHILCOT-A   WCRX US   1.2 %   83.06 25   WATSON PHARMACEUTICALS INC   WPI   3.3 %   236.22 26   Cash       0.0 %   0.00 Rebalanced HOLDRS Securities Value 100.00 % 7,191.62       Market Value BBH         Rebalanced as of 4PM Rebalanced HOLDRS Securities Value     HOLDRS Weighting NYC Time #   Security   Ticker         1   ACORDA THERAPEUTICS INC   ACOR   0.9 %   96.22 2   ALEXION PHARMACEUTICALS INC   ALXN   4.8 %   511.79 3   AMGEN INC   AMGN US   17.5 %   1,847.55 4   AMYLIN PHARMACEUTICALS INC   AMLN   1.6 %   165.04 5   BIOGEN IDEC INC   BIIB US   8.2 %   868.06 6   BIOMARIN PHARMAC   BMRN US   3.7 %   395.57 7   CELGENE CORP   CELG   9.3 %   987.99 8   CHARLES RIVER LABORATORIES   CRL   1.4 %   145.73 9   CUBIST PHARMACEUTICALS INC   CBST   2.5 %   262.82 10   DENDREON CORP   DNDN US   1.2 %   122.50 11   EXELIXIS INC   EXEL   0.6 %   58.71 12   GEN-PROBE INC   GPRO   2.7 %   290.51 13   GILEAD SCIENCES   GILD US   8.7 %   924.16 14   HUMAN GENOME SCIENCES INC   HGSI   1.3 %   139.65 15   ILLUMINA INC   ILMN US   3.3 %   353.10 16   INCYTE CORP   INCY   1.7 %   175.95 17   INTERMUNE INC   ITMN   0.6 %   65.90 18   LIFE TECHNOLOGIES CORP   LIFE   4.4 %   469.55 19   MYRIAD GENETICS   MYGN US   1.8 %   186.44 20   ONYX PHARMACEUTICALS INC   ONXX   2.6 %   277.47 21   PHARMASSET INC   VRUS   4.3 %   458.22 22   QIAGEN NV   QGEN US   3.1 %   327.26 23   REGENERON PHARMACEUTICALS   REGN   4.0 %   423.15 24   UNITED THERAPEUTICS CORP   UTHR   2.3 %   245.36 25   VERTEX PHARM   VRTX US   5.0 %   530.86 26   Cash       2.4 %   254.72 Rebalanced HOLDRS Securities Value 100.00 % 10,584.29       Market Value RTH         Rebalanced as of 4PM Rebalanced HOLDRS Securities Value     HOLDRS Weighting NYC Time #   Security   Ticker         1   AMAZON.COM INC   AMZN   7.0 %   784.68 2   AMERISOURCEBERGE   ABC US   2.6 %   295.65 3   BED BATH & BEYOND INC   BBBY   3.9 %   437.25 4   BEST BUY CO INC   BBY   1.8 %   202.67 5   CARDINAL HEALTH   CAH US   3.6 %   405.13 6   COSTCO WHOLESALE CORP   COST   4.9 %   544.11 7   CVS CAREMARK COR   CVS US   5.7 %   633.66 8   GAP INC/THE   GPS US   1.6 %   181.95 9   HOME DEPOT INC   HD   6.9 %   768.93 10   J.C. PENNEY CO INC   JCP   1.2 %   132.04 11   KOHLS CORP   KSS   3.2 %   356.78 12   KROGER CO   KR   3.6 %   400.77 13   LOWE'S COS INC   LOW   5.2 %   580.99 14   LTD BRANDS INC   LTD US   2.5 %   280.24 15   MACY'S INC   M US   3.6 %   399.51 16   MCKESSON CORP   MCK US   4.4 %   497.67 17   NETFLIX INC   NFLX   1.0 %   106.90 18   SAFEWAY INC   SWY   1.9 %   209.01 19   STAPLES INC   SPLS   2.6 %   293.75 20   SYSCO CORP   SYY US   4.5 %   506.06 21   TARGET CORP   TGT   4.9 %   543.72 22   TJX COMPANIES INC   TJX   4.6 %   512.61 23   WALGREEN CO   WAG   4.9 %   552.37 24   WAL-MART STORES INC   WMT   11.0 %   1,231.74 25   WHOLE FOODS MARKET INC   WFM US   2.8 %   318.31 26   Cash       0.1 %   18.61 Rebalanced HOLDRS Securities Value 100.00 % 11,195.14       Market Value RKH         Rebalanced as of 4PM Rebalanced HOLDRS Securities Value     HOLDRS Weighting NYC Time #   Security   Ticker         1   BANCO BILBAO VIZCAYA-SP ADR   BBVA US   3.2 %   224.92 2   BANCO BRADESCO-ADR   BBD   2.5 %   172.04 3   BANCO SANTAN-ADR   STD US   5.0 %   349.16 4   BANCO SANTANDER BRASIL-ADS   BSBR   2.4 %   163.15 5   BANK OF AMERICA CORP   BAC   4.2 %   288.35 6   BANK OF MONTREAL   BMO   2.7 %   187.48 7   BANK OF NOVA SCOTIA   BNS   4.1 %   287.09 8   BARCLAYS PLC-SPONS ADR   BCS   2.0 %   140.80 9   CITIGROUP INC   C US   5.3 %   370.50 10   CREDIT SUISSE GROUP-SPON ADR   CS CN   2.1 %   143.26 11   DEUTSCHE BANK AG-REGISTERED   DB   2.7 %   185.94 12   GOLDMAN SACHS GP   GS US   3.4 %   235.54 13   HSBC HOLDINGS PLC-SPONS ADR   HBC   10.1 %   698.77 14   ICICI BANK LTD-SPON ADR   IBN   0.7 %   45.62 15   ING GROEP N.V.-SPONSORED ADR   ING   2.1 %   144.24 16   ITAU UNIBANCO HLDNG-PREF ADR   ITUB   3.3 %   225.52 17   JPMORGAN CHASE   JPM US   9.2 %   640.38 18   MITSUBISHI UFJ FINL GRP-ADR   MTU   4.2 %   292.60 19   MORGAN STANLEY   MS US   1.6 %   108.36 20   ROYAL BANK OF CANADA   RY   5.2 %   357.19 21   SCHWAB (CHARLES)   SCHW US   0.9 %   64.11 22   TORONTO-DOMINION BANK   TD   5.2 %   360.01 23   UBS AG-REG   UBS   3.3 %   231.65 24   US BANCORP   USB US   4.0 %   280.17 25   WELLS FARGO & CO   WFC US   10.3 %   713.52 26   Cash       0.3 %   16.15 Rebalanced HOLDRS Securities Value 100.00 % 6,926.53

About Market Vectors

Founded in 1955, Van Eck Global was among the first U.S. money managers helping investors achieve greater diversification through global investing. Today, the firm continues this tradition by offering innovative, actively managed investment choices in hard assets, emerging markets, precious metals including gold, and other alternative asset classes. Van Eck Global has offices around the world and manages approximately $30.8 billion in investor assets as of September 30, 2011.

Market Vectors exchange-traded products have been offered by Van Eck Global since 2006 and span many asset classes, including equities, municipal bonds and other fixed income as well as currencies. The Market Vectors family currently totals $21.7 billion in assets under management, making it the sixth largest ETF family in the U.S. and the ninth largest worldwide as of September 30, 2011.

Important Disclosure

All information in this material (other than opinions or expectations) concerning applicable HOLDRS, including their business and operations, was provided by Merrill Lynch & Co., Inc. All information in this material concerning Van Eck ETFs, including its business, operations and financial results, was provided by Van Eck. Information on HOLDRS assets under management and trading volume was sourced from Bloomberg.

Investing involves substantial risk and high volatility, including possible loss of principal. An investor should consider the investment objective, risks, charges and expenses of a new ETF carefully before investing. Please read the prospectus and summary prospectus carefully before investing.

Investors may obtain free copies of the prospectus and summary prospectus, and other documents filed with the SEC at the SEC’s web site at www.sec.gov. In addition, free copies of the prospectus and summary prospectus, and other documents filed with the SEC may also be obtained by directing a request to: Van Eck Securities Corporation, Distributor, 335 Madison Avenue, New York, NY 10017 or by calling: 800.826.2333 or visiting vaneck.com/holdrs.

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