CHICAGO, IL--(Marketwire - June 5, 2008) - Invesco PowerShares Capital Management LLC, a leading provider of exchange-traded funds (ETFs), announced today the anticipated listing of a NASDAQ-100 BuyWrite portfolio and a Nasdaq Internet portfolio. Both new ETFs are expected to begin trading June 12, 2008, on the NASDAQ Stock Market.

The anticipated ticker symbols and ETF portfolio names follow:

--  PQBW - PowerShares NASDAQ-100 BuyWrite Portfolio
--  PNQI - PowerShares Nasdaq Internet Portfolio

"The PowerShares NASDAQ-100 BuyWrite Portfolio provides a convenient, lower cost way for investors to access a covered call strategy on the 100 largest non-financial companies listed on the NASDAQ," said Bruce Bond, president and CEO of Invesco PowerShares. "Investors may use this product to complement the PowerShares QQQ™ in their portfolios.

"Additionally, the PowerShares Nasdaq Internet Portfolio represents one of the broadest ETF internet funds available to investors, and delivers the added benefits inherent to the ETF structure."

The PowerShares NASDAQ-100 BuyWrite Portfolio (PQBW) is based on the CBOE NASDAQ-100 BuyWrite Index™. The Index measures the total rate of return of an NASDAQ-100® covered call strategy, which consists of holding a portfolio indexed to the NASDAQ-100, and selling a succession of one-month at-the-money NASDAQ-100® call options. The CBOE NASDAQ-100 BuyWrite Index™ assumes that call options are written on the third Friday of each month, held until their expiration, and exercised options are settled in cash.

The PowerShares Nasdaq Internet Portfolio (PNQI) is based on the NASDAQ Internet Index. The Index is designed to track the performance of the largest and most liquid U.S.-listed companies engaged in internet-related businesses. The modified market capitalization index is rebalanced quarterly, and includes internet software and services companies that are involved in internet-related services, internet software, website services and e-commerce.

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 as of April 30, 2008 of $13.86 billion, PowerShares ETFs trade on all of the major U.S. stock exchanges that trade ETFs. For more information, please visit us at

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

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.

Options strategies used by the fund may not be suitable for all investors.

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

PowerShares NASDAQ-100 BuyWrite Portfolio Risk Information

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.

PowerShares NASDAQ Internet Portfolio Risk Information

The Fund is considered to be concentrated in the internet software and services sector. This involves risks not associated with a more diversified investment. These risks include, but are not limited to, the internet software and services sector can be significantly affected by competitive pressures, such as technological developments, fixed-rate pricing and the ability to attract and retain skilled employees, and the success of companies in the industry is subject to the continued demand for internet services. For example, as product cycles shorten and manufacturing capacity increases, these companies could become increasingly subject to aggressive pricing, which hampers profitability. Profitability can also be affected by changing domestic and international demand, research and development costs, availability and price of components and product obsolescence.

Investing in securities of small and medium capitalization companies involves greater risk than is customarily associated with investing in larger, more established companies. These companies' securities may be more volatile and less liquid than those of more established companies. These securities may have returns that vary, sometimes significantly, from the overall securities market. Often small and medium capitalization companies and the industries in which they are focused are still evolving and this may make them more sensitive to changing market conditions.

The Chicago Board Options Exchange is the index provider for the PowerShares NASDAQ-100 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 NASDAQ-100 BuyWrite Portfolio is entitled to use its respective Underlying Index pursuant to a sublicensing arrangement with the Adviser.

PowerShares® is a registered trademark of Invesco PowerShares Capital Management LLC. Invesco PowerShares Capital Management LLC. And Invesco Aim Distributors, Inc. are indirect, wholly owned subsidiaries of Invesco Ltd.

Invesco Aim Distributors, Inc. is the distributor of the PowerShares Exchange-Traded Fund Trust.

The information in the prospectus is not complete and may be changed. The portfolio may not sell its shares until the registration statement filed with the Securities and Exchange Commission is effective. The prospectus is not an offer to sell the portfolio shares, nor is the portfolio soliciting an offer to buy its shares in any jurisdiction where the offer or sale is not permitted.

An investor should consider the Fund's investment objectives, risks, charges and expenses carefully before investing. For a copy of the prospectus which contains this and other information about the Fund call 800.983.0903. Please read the prospectus carefully before investing.

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.

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