OILB.L Regulatory News (OILB)

PRICING SUPPLEMENTDated 12 January 2012

ETFS Oil Securities Limited

(Incorporated and registered in Jersey under

the Companies (Jersey) Law 1991 (as amended) with registered number 88371)

Program for the Issue of Oil Securities

Issue of

2,500 Oil Brent 3 Year Oil Securities

This Pricing Supplement (as referred to in the Prospectus (the ''Prospectus'') dated 15 September 2011 in relation to the above Programme) relates to the issue of the Oil Securities referred to above. The Oil Securities have the terms provided for in the Trust Instrument dated 13 July 2005 (as amended) between the Company and The Law Debenture Trust Corporation p.l.c. as Trustee constituting the Oil Securities. Terms used in this Pricing Supplement bear the same meaning as in the Prospectus. The particulars in relation to this issue of Oil Securities are as follows:

Issuer: ETFS Oil Securities Limited

ISIN JE00B1YP7409

Issue Date: 13 January 2012

Class: ETFS BRENT OIL 3 Year

Oil Major Company: Shell Trading Switzerland A.G

Near Entitlement: 0.819174

Next Entitlement: 0.1684118

Near Contract Price: US$99.38

Next Contract Price: US$96.59

Multiplier: 0.9894871

Creation Price: US$96.6734804

 Aggregate Number of Oil 2,500

Securities to which this PricingSupplement applies:

Following the issue of Oil Securities to which this Pricing Supplement applies, Oil Securities will be in issue corresponding to the following outstanding Oil Contracts with the following Oil Major Companies:

Carbon 103,505

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