Market Vectors ETF Trust Files Shareholder Report for Year Ended December 31, 2007

The Market Vectors ETF Trust (“the Trust”) filed with the U.S. Securities and Exchange Commission (SEC) its Certified Shareholder Report (Form N-CSR) for the year ended December 31, 2007 for the following ETFs:

The Annual Report, as filed on Form N-CSR, includes each ETF’s audited financial statements for the fiscal year and is available free of charge by contacting Van Eck Global, 99 Park Avenue, New York, New York 10016, by calling 1.888.MKT.VCTR toll-free or on the Internet at www.vaneck.com/etf. This report and other information filed by the Trust are also available on the EDGAR database on the Securities and Exchange Commission's Internet site at www.sec.gov.

About Van Eck Global

Founded in 1955, Van Eck Associates Corporation was among the first U.S. money managers helping investors achieve greater diversification through global investing. Today, the firm continues the 50+ year tradition by offering global investment choices in hard assets, emerging markets, precious metals including gold, and other specialized asset classes.

Van Eck mutual funds are sold nationwide through retail brokers, financial planners and investment advisors. Designed for investors seeking innovative choices for portfolio diversification, they are often categorized in asset classes having returns with low correlations to those of more traditional U.S. equity and fixed income investments.

Van Eck also offers exchange-traded funds, separate accounts and alternative investments. In addition, it offers the Worldwide Insurance Trust Funds, a series of investment choices within the variable annuity contracts and variable life policies of widely known and highly regarded insurers.

Please call 1.888.MKT.VCTR or visit www.vaneck.com/etffor the most recent month-end performance of Market Vectors ETFs.This information will be available no later than seven business days after the most recent month end.

Fund shares are not individually redeemable and will be issued and redeemed at their NAV only through certain authorized broker-dealers in large, specified blocks of shares called “creation units” and otherwise can be bought and sold only through exchange trading. Creation units are issued and redeemed principally in kind.

Investors may call 1.888.MKT.VCTR or visit www.vaneck.com/etf for a free prospectus. They should consider the investment objective, risks, and charges and expenses of Market Vectors ETFs carefully before investing. The prospectus contains this and other information. Please read the prospectus carefully before investing.

Van Eck Securities Corporation, Distributor, 99 Park Avenue, New York, NY 10016