FORM OF PARTICIPANT AGREEMENTCurrencysharessm Singapore Dollar Trust • May 7th, 2008 • CurrencyShares Singapore Dollar Trust • New York
Contract Type FiledMay 7th, 2008 Company JurisdictionThis Participant Agreement (this “Agreement”), dated as of , 200 , is entered into by and between (with respect to this Agreement, the “Authorized Participant”, and with respect to the Trust Agreement referred to below, an “Authorized Participant”), The Bank of New York, a New York banking corporation, not in its individual capacity but solely as trustee (the “Trustee”) of the CurrencyShares Singapore Dollar Trust (the “Trust”), and Rydex Specialized Products LLC, d/b/a Rydex Investments, as sponsor (the “Sponsor”) of the Trust.