Invesco PowerShares Recognized With ETF Industry Awards


CHICAGO, IL--(Marketwire - May 6, 2008) - Invesco PowerShares, a leading provider of exchange-traded funds (ETFs), received awards for most innovative new ETF, and contribution to the ETF sector, at the 7th Annual Forum on Closed-End Funds & Global ETFs. The event was held April 16 in New York City.

The PowerShares S&P 500 BuyWrite Portfolio (NYSE: PBP), was recognized with The Award for Most Innovative New ETF in 2007. The PBP portfolio is based on the CBOE S&P 500 BuyWrite Index which measures the total rate of return of an S&P 500® covered call strategy. This strategy consists of holding a portfolio indexed to the S&P 500® and selling a succession of written options, each with an exercise price at or above the prevailing price level of the S&P 500®.

The Award for Contribution to the ETF Sector In 2007 was presented to Edward McRedmond, senior vice president of portfolio strategies at Invesco PowerShares.

"On behalf of Invesco PowerShares, I am honored to receive this award. We have been fortunate to interact with so many talented people in the ETF business, many of whom are equally deserving of this recognition," said McRedmond. "I'd like to thank my industry colleagues for their efforts to educate investors about the benefits of ETFs."

"We are honored to receive recognition from our peers for the passionate work we are doing here at Invesco PowerShares," said Bruce Bond, president and CEO of Invesco PowerShares. "We believe our innovative and diverse suite of ETFs is at the forefront of the ETF industry delivering value and market-leading ideas to investors."

The Annual Closed End Fund & ETF Awards, an initiative of Capital Link, seek to identify and recognize annually those fund sponsors and executives who consistently apply high standards of financial disclosure, as well as investor and shareholder relations. The Closed End Fund (CEF) & ETF Awards are based on nominations by a committee of analysts and industry specialists who actively follow CEFs and ETFs.

Invesco PowerShares is a part of Invesco Ltd., a leading independent global investment management company.

Invesco PowerShares is leading the intelligent ETF revolution through its family of more than 100 domestic, international and active exchange-traded funds. With assets under management of $12.75 billion, PowerShares ETFs trade on all of the major U.S. stock exchanges that trade ETFs. For more information, please visit us at www.invescopowershares.com.

Invesco PowerShares is a part of Invesco Ltd., a leading independent global investment management company dedicated to helping people worldwide build their financial security. By delivering the combined power of its distinctive worldwide investment management capabilities, including AIM, Atlantic Trust, Invesco, Perpetual, PowerShares, Trimark, and WL Ross, Invesco provides a comprehensive array of enduring investment solutions for retail, institutional and high-net-worth clients around the world. Operating in 20 countries, the company is currently listed on the New York Stock Exchange under the symbol IVZ. Additional information is available at www.invesco.com.

There are risks involved with investing in ETFs including possible loss of money. Shares are not actively managed and are subject to risk similar to stocks and covered call options, as well as those risks related to short selling and margin maintenance.

Shares are not FDIC insured, may lose value and have no bank guarantee.

There are additional risks involved in writing (selling) covered call options on the stocks of the S&P 500 Index (Index). The Fund, by writing covered call options on this Index, will give up the opportunity to benefit from potential increases in the value of the index stocks above the exercise prices of the options, but will continue to bear the risk of declines in the value of the Index. The premiums received from the options may not be sufficient to offset any losses sustained from the volatility of the Index over time. In addition, exchanges may suspend trading of options in volatile markets. If trading is suspended, the Fund may be unable to write (sell) options at times that may be desirable or advantageous for the Fund to do so. Trading suspensions may limit the Fund's ability to achieve its investment objectives. The Fund may be required to sell investments from its portfolio to make cash settlement on (or transfer ownership of an Index stock to physically settle) any options that are exercised. Such sales (or transfers) may occur at inopportune times, and the Fund may incur transaction costs that increase its expenses.

The Chicago Board Options Exchange is the index provider for the PowerShares S&P 500 BuyWrite Portfolio. CBOE is not affiliated with the Trust, the Adviser or the Distributor. The Adviser has entered into a license agreement with the Index Provider to use the Underlying Index. The PowerShares S&P 500 BuyWrite Portfolio is entitled to use its respective Underlying Index pursuant to a sublicensing arrangement with the Adviser.

"S&P," "S&P 500" and "S&P 500™ Index," are registered trademarks of Standard & Poor's Ratings Group, a division of The McGraw-Hill Companies, Inc. (S&P). S&P has granted Invesco PowerShares Capital Management LLC ("Licensee") a license to use the CBOE S&P 500 BuyWrite Index for purposes of Licensee's PowerShares S&P 500 BuyWrite Portfolio.

The CBOE S&P 500 BuyWrite Index™ is a trademark of CBOE and has been licensed for use for certain purposes by the Adviser.

Shares are not individually redeemable and owners of the shares may acquire those shares from the Funds and tender those shares for redemption to the Funds in Creation Unit aggregations only, typically consisting of 100,000 shares.

Invesco Aim Distributors, Inc. is the distributor of the PowerShares Exchange-Traded Fund Trust I, the PowerShares Exchange-Traded Fund Trust II, the PowerShares Actively Managed Exchange-Traded Fund Trust and the PowerShares India Exchange-Traded Fund Trust.

Invesco PowerShares Capital Management LLC., Invesco Aim Distributors, Inc. and Invesco Institutional (N.A.), Inc. are indirect, wholly owned subsidiaries of Invesco Ltd.

An investor should consider each Fund's investment objective, risks, charges and expenses carefully before investing. The prospectus contains this and other information about the Funds. For more complete information about the Funds or to obtain a prospectus, call 800.983.0903. Please read the prospectus carefully before investing.

Contact Information: Media Contacts: Kristin Sadlon Porter Novelli 212-601-8192 Bill Conboy BC Capital Partners 303-415-2290