Delaware Uses in Amendments to Article I of the Agreement Clause

Amendments to Article I of the Agreement from Limited Liability Company Agreement

THIS AMENDMENT, dated as of December 27, 2007 (the Amendment), to the Limited Liability Company Agreement, dated as of July 7, 2006 (the Agreement), of iShares(r) S&P GSCI Commodity-Indexed Investing Pool LLC, a Delaware limited liability company (the Investing Pool), among iShares(r) S&P GSCI Commodity-Indexed Trust, a Delaware statutory trust, in its capacity as a member (Member A), and Barclays Global Investors International, Inc., a Delaware corporation, in its capacity as a member (Member B and, together with Member A, the Members) and the Manager, is entered into among the Members and the Manager. Prior to May 9, 2007, the Investing Pool was known as the iShares(r) GSCI(r) Commodity-Indexed Investing Pool LLC and Member A was known as the iShares(r) GSCI(r) Commodity-Indexed Trust.

Amendments to Article I of the Agreement. Section 1.1 of the Agreement is amended by replacing the reference to Section 3.10 of the Agreement in the definition of the term Book-Tax Disparity with a reference to Section 3.12 of the Agreement. Section 1.1 of the Agreement is further amended by deleting the words the New York Stock Exchange in the definition of the term Exchange and inserting the following text in lieu thereof: NYSE Arca, Inc., a Delaware corporation and a registered U.S. national securities exchange, or its successor, or if NYSE Arca, Inc. or its successor is no longer the principal national securities exchange on which the Shares are listed, such other principal national securities exchange on which the Shares are then listed. Section 1.1 of the Agreement is further amended by deleting the words Investors Bank & Trust Company, a banking corporation in the definition of the term Investing Pool Administrator and inserting the following text in lieu thereof: State Street Bank and Trust Company, a trust company. Section 1.1 of the Agreement is further amended by deleting both instances of the words the most recent close of trading of the Exchange in the definition of the term Net Asset Value and inserting the following text in lieu thereof in both such places: 4:15 P.M., New York City time, on the date of the determination.