State Street Global Advisors Appoints Dawn Jia to Head Active Equity Investment Team in Canada

    TORONTO AND MONTREAL, August 1 /CNW/ - State Street Global Advisors
(SSgA), the investment management arm of State Street Corporation (NYSE:   STT),
and largest institutional fund manager in the world, today announced the
appointment of Dawn Jia to head of the Active and Enhanced Equity team for its
business in Canada. Jia joins State Street Global Advisors from Barclays
Global Investors (BGI) in Toronto, where she was a portfolio manager of active
Canadian equity strategies. She will report to Peter Lindley, head of
Investments at SSgA in Canada.

    Managing a team of three portfolio managers and collaborating closely
with SSgA's quantitative research group --the Advanced Research Center-- Jia
will oversee research, portfolio management and product development of
quantitative active, enhanced and market-neutral strategies for the Canadian

    "We are excited about the experience that Dawn brings to our team," said
Lindley. "Her expertise in quantitative equity portfolio management,
quantitative research and modeling, equity indexation and fixed income
securities, are well aligned with SSgA's own areas of industry leadership.
Dawn's technical skills, combined with her track record of advancing the
investment process, will help to build on the achievements and successful
track record of our portfolio management team and further our efforts to
provide Canadian investors with sophisticated and customized investment

    SSgA is a leading provider of investment solutions to the Canadian
marketplace. It is the fifth largest institutional asset manager in Canada(1)
and is the largest institutional asset manager worldwide(2).

    Jia has held various portfolio management and quantitative research for
more than 10 years. Prior to BGI, she was director of quantitative equity
strategy at CIBC World Markets in Toronto. She holds a Master of Business
Administration from the Richard Ivey School of Business at the University of
Western Ontario and both a Bachelor and Master of Engineering from Tianjin
University in China. She has also earned the Chartered Financial Analyst

    About State Street Global Advisors

    State Street Global Advisors, the investment management arm of State
Street Corporation (NYSE:   STT), delivers investment strategies and integrated
solutions to clients worldwide across every asset class, investment approach
and style. With $1.9 trillion in assets under management as of June 30, 2007,
State Street Global Advisors has investment centers in Boston, Hong Kong,
London, Milan, Montreal, Munich, Paris, Singapore, Sydney, Tokyo and Zurich,
and offices in 25 cities worldwide. For more information, visit State Street
Global Advisors at

    (1)Benefits Canada, 2007

    (2)Pensions & Investments, May 2007

For further information:

For further information: State Street Global Advisors (SSgA) Arlene
Roberts, +1 617 664 3933 or Marie McGehee, +1 617 664 1898

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