CLAYMORE SILVER BULLION TRUST FILES FINAL SHORT FORM PROSPECTUS

TORONTO, Feb. 28 /CNW/ - Claymore Investments, Inc. is pleased to announce that Claymore Silver Bullion Trust (the "Fund") has filed a final short form prospectus in connection with an offering (the "Offering") of a new class of non-hedged trust units (the "Non-Hedged Units").  The Non-Hedged Units will provide investors with direct exposure to physical silver bullion. The maximum amount of the Offering is $75 million at an offering price of $15.00 per Non-Hedged Unit. The Non-Hedged Units will trade on the Toronto Stock Exchange (the "TSX") under the symbol "SVR.C". Closing is scheduled to occur on or about March 4, 2011.

The Fund completed its initial public offering of US dollar hedged units (the "Hedged Units") and warrants on July 15, 2009.  The Hedged Units currently trade on the TSX under the symbol "SVR.UN".  Hedged Units are not being offered under the short form prospectus.

The Fund's investment objective is to replicate the performance of the price of silver bullion, less the Fund's expenses and fees. This objective will be accomplished by the Fund investing the net proceeds of the Offering in holdings of pure, unencumbered silver bullion. This strategy will provide investors with the ability to invest in silver bullion in a convenient, tradable and secure manner without the associated inconvenience and high transaction, handling, storage, insurance and other costs typical of direct silver bullion investment.

The Offering is being made on a best efforts agency basis in each of the provinces and territories in Canada through a syndicate of investment dealers co-led by GMP Securities L.P., TD Securities Inc. and Canaccord Genuity Corp., and including BMO Capital Markets, Scotia Capital Inc., National Bank Financial Inc., HSBC Securities (Canada) Inc., Raymond James Ltd., Desjardins Securities Inc., Dundee Securities Corp., Haywood Securities Inc., Mackie Research Capital Corporation, Rothenberg Capital Management Inc. and Wellington West Capital Markets Inc.

About Claymore Investments, Inc.
Claymore Investments, Inc. is a leader in bringing intelligent, low cost exchange traded funds in Canada through its family of 29 ETFs and two closed-end funds across broad asset classes including core equity, global sectors, fixed income and commodities and includes the Claymore Gold Bullion ETF (TSX: CGL). Claymore Investments, Inc., which, as at January 31, 2011 had approximately $5.8 billion in assets under management, is a wholly-owned subsidiary of Guggenheim Funds Services Group, Inc., a financial services and asset management company based in the Chicago, Illinois area and is and indirect subsidiary of Guggenheim Partners, LLC, ("Guggenheim") a global, diversified financial services firm with in excess of US$100 billion in assets under supervision.  Guggenheim, through its affiliates, provides investment management, investment advisory, insurance, investment banking and capital markets services.

For more information investors should consult with their investment advisor or visit our website at www.claymoreinvestments.ca.

SOURCE Claymore Investments, Inc.

For further information:

For media inquiries, please contact:

Dan Rubin
Vice President, Marketing, Claymore Investments, Inc.
(416) 813-2018
drubin@claymoreinvestments.ca

- or -

Som Seif
President, Claymore Investments, Inc.
(866) 417-4640
info@claymoreinvestments.ca
www.claymoreinvestments.ca

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