SOURCE: PowerShares Capital Management

August 30, 2007 10:00 ET

PowerShares Receives Regulatory Relief for SEC Limits on All Exchange-Traded Funds

CHICAGO, IL--(Marketwire - August 30, 2007) - PowerShares Capital Management LLC continues Leading the Intelligent ETF Revolution®, announcing today that all of its exchange-traded funds (ETFs) have received regulatory relief permitting other investment companies to invest in PowerShares' ETFs in excess of the limits prescribed by Section 12d-1 of the Investment Company Act of 1940. The relief granted to PowerShares also applies to all future ETF products launched by PowerShares.

Under Section 12d-1 of the Investment Company Act of 1940, investment companies are prohibited from acquiring more than 3 percent of the total outstanding voting stock of another investment company, investing more than 5 percent of their total assets in a single investment company, or investing more than 10 percent of their total assets in two or more investment companies.

"We are very pleased with the increased flexibility and investment opportunities that this order creates for the PowerShares family of ETFs," said Bruce Bond, President of PowerShares Capital Management. "The regulatory relief order is another step in our continued integration with INVESCO PLC, and allows PowerShares' ETFs to utilize INVESCO's global distribution capabilities -- including AIM Investments® in the U.S. -- offering investors the best of both worlds."

As part of the relief, investment companies must agree to certain terms and conditions before investing in the PowerShares ETFs above the statutory limits, including but not limited to the following: entering into a participation agreement, not exercising undue influence over the PowerShares ETFs, and complying with the investment company's own investment restrictions and investment policies. A participation agreement can be obtained by emailing 12d-1request@powershares.com.

PowerShares Capital Management LLC is leading the intelligent ETF revolution through its family of more than 90 PowerShares XTF™ domestic and international exchange-traded funds, which seek to outperform traditional benchmark indexes while providing advisors and investors access to an innovative array of focused investment opportunities. Go to http://www.powershares.com/products to see a complete list of PowerShares products. PowerShares XTF are based on the Intellidex™ methodology, which applies rules-based quantitative analysis to select portfolios of securities that have the greatest investment merit and the highest potential for capital appreciation while controlling individual stock risk. With franchise assets of nearly $35 billion, PowerShares XTF trade on all three U.S. stock exchanges and the PowerShares QQQ™, which tracks 100 of the NASDAQ's fastest-growing companies, is the most actively traded equity security in the world. For more information, please visit us at www.powershares.com.

PowerShares is a part of INVESCO PLC, a leading independent global investment manager dedicated to helping people worldwide build their financial security. Operating under the AIM, AIM Trimark, Atlantic Trust, Invesco Perpetual, PowerShares and WL Ross & Co. brands, INVESCO PLC strives to deliver outstanding products and services through a comprehensive array of enduring investment solutions for its retail, institutional and private wealth management clients around the world. The company, which had approximately $499 billion in assets under management as of July 31, 2007, is listed on the London, New York and Toronto stock exchanges with the symbol "IVZ." Additional information is available at www.invesco.com.

Risks of Owning Exchange-Traded Funds

Exchange-traded funds are made up of publicly traded securities that can and will move higher and lower with market movements. You should anticipate that the value of the shares of each fund will advance or decline more or less in correlation with the advance or decline in value of the applicable index. The Funds are not actively managed, and shares of the Funds may trade at or below the Funds' NAV. Exchange-traded funds are subject to risks similar to those of stocks, including risks associated with short-selling and margin account maintenance. Ordinary brokerage commissions apply.

A I M Distributors, Inc. is the distributor of the PowerShares Exchange-Traded Fund Trust.

An investor should consider the Fund's investment objectives, risks, charges and expenses carefully before investing. For this and more complete information about the Fund, call 800.983.0903 or visit the website www.powershares.com for a prospectus. Please read the prospectus carefully before investing.

PowerShares® and Leading the Intelligent ETF Revolution® are registered marks of PowerShares Capital Management LLC.

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