streetTRACKS Gold Trust
2006 Grantor Trust Tax Reporting Statement
EIN: 816124035

The following information is being provided to assist Shareholders of the streetTRACKS Gold Trust with reporting of their taxable income, expenses, gain or loss for the calendar year 2006.

The example provided herein is based on a US individual Shareholder who purchased its 'streetTRACKS Gold Trust' shares for cash.

All Shareholders should contact their own tax advisors as to the tax consequences of the information reported in Schedules A and B below.

TAXATION OF THE TRUST
The streetTRACKS Gold Trust is classified as a grantor trust, for US federal income tax purposes. As a result, the Trust itself will not be subject to US federal income tax. Instead, the Trust's income and expenses will "flow through" to the Shareholders.

TAXATION OF US INDIVIDUAL SHAREHOLDERS
Shareholders generally will be treated, for US federal income tax purposes, as if they directly owned a pro rata share of the underlying assets held in the Trust. Shareholders also will be treated as if they directly received their respective pro rata shares of the Trust's income and proceeds, and directly incurred their pro rata share of the Trust's expenses. In the case of a Shareholder that purchases Shares for cash, its initial tax basis in its pro rata shares of the assets held in the Trust at the time it acquires its Shares will be equal to its cost of acquiring the Shares. Most state and local tax authorities follow US Income tax rules in this regard. However, Shareholders should contact their own tax advisors as to the state and local tax consequences of the information reported in streetTRACKS Gold Trust Data.

TABLE: streetTRACKS Gold Trust Data

The table below is an extract from the full table - to see the full table for the year 2006 please download the pdf file (826kb)

streetTRACKS Gold Trust Data shows gold ounces acquired per streetTRACKS Gold Trust (GLD) share purchased, gold sold (in ounces), proceeds, and expenses per streetTRACKS Gold Trust Share.

Identify the date on which the Shareholder purchased its streetTRACKS Gold Trust (GLD) shares in the column labeled "Date". The amount in the column labeled "Gold Ounces per Share", represents the pro rata amount of gold, in ounces, that each GLD Share represents.

Example: Shareholder XYZ purchases 200 GLD shares on 1/31/2006 at a price of $50 per share for a total purchase price of $10,000. Shareholder XYZ had no other purchases or sales of GLD shares during 2006.

Step 1: Identify the shareholder’s pro rata ownership of gold (in ounces).

Identify Shareholder XYZ's purchase date of 1/31/2006. In the column labeled "Gold Ounces per Share", identify the pro rata amount of gold (i.e. 0.09952305 ounces per share) each GLD share represents on that date.

For Shareholder XYZ, total prorated amount of gold ounces owned for its 1/31/2006 purchase is 19.90461 ounces (0.09952305 ozs per share multiplied by 200 shares purchased on 1/31/2006.) Note: This step should be completed for each date on which GLD shares were purchased.

Step 2: Calculate the gold (in ounces) sold from Shareholder XYZ's account during 2006

The gold ounces sold per share during 2006 includes the cumulative amounts of all gold sales for the period which includes the day after the purchase date of 1/31/2006 through the day before sale date.

During 2006 the amount of gold sold after the 1/31/2006 purchase date is 0.00034871 oz per share for a total of 0.069742 oz (based on the purchase of 200 shares).

Step 3: Calculate cost of gold sold from Shareholder’s account

Total Gold ozs sold (Step 2)
Gold ozs acquired (Step1)
Cost of Gold sold	$ 35.04

Identify all proceeds per share received by the Trust after Shareholder XYZ's 1/31/2006 purchase date. During 2006, monthly sales for the period of 2/1/2006 through 12/29/2006 generated proceeds per share of $0.214386. Therefore, Shareholder XYZ's gain or loss is determined as follows:

On Schedule B, identify all expenses per share paid by the Trust after Shareholder XYZ's 1/31/2006 purchase date. During 2006, the expenses were paid monthly and for the period of 2/1/2006 through 12/30/2006 amounted to $0.214386 per share. Therefore, Shareholder XYZ's investment expenses: