CLAYMORE EXCHANGE-TRADED FUND TRUST 2

Claymore S&P Global Water Index ETF
Claymore/AlphaShares China Real Estate ETF
Claymore/AlphaShares China Small Cap Index ETF
Claymore/Clear Global Exchanges, Brokers & Asset Managers Index ETF
Claymore/Clear Global Timber Index ETF
Claymore/MAC Global Solar Energy Index ETF
Claymore/Robb Report Global Luxury Index ETF
Claymore/Robeco Developed International Equity ETF
Claymore/SWM Canadian Energy Income Index ETF
Claymore/Zacks Country Rotation ETF
Claymore/Zacks International Yield Hog Index ETF

Supplement to the currently effective Statement of Additional Information
("SAI") for the above listed Funds:

The table in the "Management" section of the SAI for the above Funds listing Mr. Dalmaso as an Interested Trustee is hereby deleted and replaced with the following:

 Term of Number of
 Office and Portfolios in
 Position(s) Length Principal Fund Complex Other
 Name, Address and Age of Held with of Time Occupation(s) During Overseen by Directorships
 Management Trustees* Trust Served** Past 5 Years Trustees Held by Trustees
---------------------------------------------------------------------------------------------------------------------
Nicholas Dalmaso*** Trustee Since 2006 Attorney. Formerly, Senior 45 None.
Year of birth: 1965 Managing Director and
 Chief Administrative
 Officer (2007-2008) and
 General Counsel
 (2001-2007) of Claymore
 Advisors, LLC and
 Claymore Securities,
 Inc. Formerly,
 Assistant General
 Counsel, John Nuveen
 and Company
 (1999-2001). Formerly
 Vice President and
 Associate General
 Counsel of Van Kampen
 Investments (1992-1999).


* The business address of each Trustee is c/o Claymore Advisors, LLC, 2455
Corporate West Drive, Lisle, Illinois 60532.

** This is the period for which the Trustee began serving the Trust. Each Trustee serves an indefinite term, until his successor is elected. *** Mr. Dalmaso is an interested person of the Fund as a result of his former position as an officer of the Adviser and certain of its affiliates and his equity ownership of the Adviser and certain of its affiliates.


The following table is added as an addendum to the table in the "Management" section of the SAI for the above Funds listing the Executive Officers of the Funds:

Name, Address and Age of Position(s) Held Length of Time
Executive Officers with Trust Served* Principal Occupation(s) During Past 5 Years

J. Thomas Futrell Chief Executive Since 2008 Senior Managing Director, Chief Investment
Year of birth: 1955 Officer Officer (2008-present) of Claymore Advisors,
 LLC and Claymore Securities, Inc.; Chief
 Executive Officer of certain funds in the Fund
 Complex. Formerly, Managing Director in charge of
 Research (2000-2007) for Nuveen Asset Management.

Kevin M. Robinson Chief Legal Since 2008 Senior Managing Director, General Counsel and
Year of birth: 1959 Officer Corporate Secretary (2007-present) of Claymore
 Advisors, LLC and Claymore Securities, Inc.;
 Chief Legal Officer of certain funds in the
 Fund Complex. Formerly, Associate General
 Counsel (2000- 2007) of NYSE Euronext, Inc.
 Formerly, Archipelago Holdings, Inc. Senior
 Managing Director and Associate General
 Counsel (1997-2000) of ABN Amro Inc. Formerly,
 Senior Counsel in the Enforcement Division
 (1989-1997) of the U.S. Securities and
 Exchange Commission.

Mark J. Furjanic Assistant Since 2008 Vice President, Fund Administration-Tax
Year of birth: 1959 Treasurer (2005-present) of Claymore Advisors, LLC and
 Claymore Securities, Inc.; Assistant Treasurer
 of certain funds in the Fund Complex.
 Formerly, Senior Manager (1999-2005) for Ernst
 & Young LLP.

Donald P. Swade Assistant Since 2008 Vice President, Fund Administration
Year of birth: 1972 Treasurer (2006-present) of Claymore Advisors, LLC and
 Claymore Securities, Inc.; Assistant Treasurer
 of certain funds in the Fund Complex.
 Formerly, Manager-Mutual Fund Financial
 Administration (2003-2006) for Morgan
 Stanley/Van Kampen Investments.

Mark E. Mathiasen Assistant Since 2008 Assistant Vice President; Assistant General
Year of birth: 1978 Secretary Counsel of Claymore Securities, Inc. (Jan.
 2007-present). Secretary of certain funds in
 the Fund Complex. Previously, Law Clerk,
 Idaho State Courts (2003-2006).


* The business address of each Trustee is c/o Claymore Advisors, LLC, 2455 Corporate West Drive, Lisle, Illinois 60532.
** This is the period for which the Trustee/Officer began serving the Trust.
Each Officer serves an indefinite term, until his successor is elected.

Claymore Exchange-Traded Fund Trust 2 2455 Corporate West Drive Lisle, Illinois 60532

Please Retain This Supplement for Future Reference

June 19, 2008

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