AMENDMENT NO. 2 TO SPDR® GOLD TRUST (formerly known as streetTRACKS® GOLD TRUST) UNALLOCATED BULLION ACCOUNT AGREEMENT

EXECUTION COPY

AMENDMENT NO. 2

TO

SPDR^® GOLD TRUST

(formerly known as

streetTRACKS^® GOLD TRUST)

UNALLOCATED BULLION ACCOUNT AGREEMENT

This amendment (this “Amendment”), dated as of May 20, 2008, is Amendment No. 2 to the streetTRACKS^® Gold Trust Unallocated Bullion Account Agreement, dated November 12, 2004, between HSBC Bank USA, National Association (the “Custodian”) and The Bank of New York, not in its individual capacity, but solely as trustee of the streetTRACKS^® Gold Trust (the “Trustee”), as amended by Amendment No. 1 thereto, dated November 26, 2007 (the “Unallocated Bullion Account Agreement”).

WHEREAS, the Trustee and the Custodian have hitherto entered into the Unallocated Bullion Account Agreement and the same is currently in full force and effect; and

WHEREAS, clause 12.4 of the Unallocated Bullion Account Agreement provides that any amendment thereto shall be in writing signed by the Trustee and the Custodian; and

WHEREAS, effective concurrently herewith the name of the streetTRACKS^® Gold Trust is changed to “SPDR^® Gold Trust” (the “Trust”) and the name of the streetTRACKS^® Gold Shares is changed to “SPDR^® Gold Shares” (the “Shares”); and

WHEREAS, the Trustee and the Custodian wish to amend the Unallocated Bullion Account Agreement to refer to the new names of the Trust and Shares;

NOW, THEREFORE, the Trustee and the Custodian agree as follows:

1. Throughout the Unallocated Bullion Account Agreement, all references to “streetTRACKS^® Gold Trust” are hereby amended to read “SPDR^® Gold Trust” and all references to “streetTRACKS^® Gold Shares” are hereby amended to read “SPDR^® Gold Shares.”

2. The foregoing amendments shall be effective as of May 20, 2008.

3. Except as modified by this Amendment, the Unallocated Bullion Account Agreement shall remain unmodified and in full force and effect.

4. This Amendment is governed by, and will be construed in accordance with, English law. The parties agree that the courts of the State of New York, in the United States of America, and the United States federal court located in the Borough of Manhattan in such state are to have jurisdiction to settle any disputes or claims which

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may arise out of or in connection with this Amendment and, for these purposes each party irrevocably submits to the non-exclusive jurisdiction of such courts, waives any claim of forum non conveniens and any objections to the laying of venue, and further waives any personal service.

5. Capitalized terms used but not defined in this Amendment shall have the meaning assigned to such terms in the Unallocated Bullion Account Agreement.

6. This Amendment may be executed in any number of counterparts, each of which when executed and delivered shall be deemed an original, but together shall constitute one and the same amendment. Facsimile signatures shall be acceptable and binding.

[Signature Page Follows]

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IN WITNESS WHEREOF, the Custodian and the Trustee have caused this Amendment to be executed as of the day and year first above written.

HSBC Bank USA, National Association

By: 

Name:

Title:

The Bank of New York, not in its individual capacity, but solely as trustee of the streetTRACKS^® Gold Trust

By: 

Name:

Title:

[Signature Page to Amendment No. 2 to

streetTRACKS^® Gold Trust Unallocated Bullion Account Agreement]

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