Invesco PowerShares Launches the First Fundamental Pure Style ETFs

   Invesco PowerShares Capital Management LLC, a leading global provider of exchange-traded funds (ETFs), announced today that its suite of nine PowerShares Fundamental Pure Style ETFs based on the Research Affiliates® Fundamental Index® (RAFI®) methodology have begun trading on the NYSE Arca.

The names and tickers for the PowerShares Fundamental Pure Style ETFs are listed below.

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                 Value                  Core                 Growth
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           PowerShares           PowerShares           PowerShares
           Fundamental Pure      Fundamental Pure      Fundamental Pure
   Large   Large Value           Large Core            Large Growth
           Portfolio (PXLV)      Portfolio (PXLC)      Portfolio (PXLG)
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           PowerShares           PowerShares           PowerShares
           Fundamental Pure      Fundamental Pure      Fundamental Pure
    Mid    Mid Value             Mid Core              Mid Growth
           Portfolio (PXMV)      Portfolio (PXMC)      Portfolio (PXMG)
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           PowerShares           PowerShares           PowerShares
           Fundamental Pure      Fundamental Pure      Fundamental Pure
   Small   Small Value           Small Core            Small Growth
           Portfolio (PXSV)      Portfolio (PXSC)      Portfolio (PXSG)
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"We are very pleased to be expanding our partnership with Research Affiliates to offer investors the first suite of fundamentals-weighted style box ETFs,(1)" said Ben Fulton, Invesco PowerShares managing director of global ETFs. "The PowerShares Fundamental Pure Style ETFs utilize a fundamental rules-based process to attain precise style delineation and provide investors with accurate, stylistically pure market access. We believe the application of the Fundamental Index methodology to style box investing offers advisors and investors a compelling new tool to manage portfolios with the potential to produce improved risk-adjusted returns compared to cap-weighted benchmarks."

The PowerShares Fundamental Pure Style ETFs are designed to address the structural performance drag caused by market cap-weighting, which over time tends to overweight overvalued stocks and underweight undervalued stocks. The RAFI methodology uses four measures of economic size rather than market capitalization to weight each position. Selecting and weighting by economic size rather than market-cap breaks the link between market price and index weight.

"The new U.S. style indexes illustrate how the Fundamental Index methodology can be effectively applied in individual style categories, every bit as effectively as cap-weight indexes can," said Rob Arnott, chairman and CEO of Research Affiliates, LLC. "We are thrilled to partner with Invesco PowerShares on this and future additional extensions of our approach."

"Invesco PowerShares currently offers six equity ETFs based on the Fundamental Index methodology and they have all outperformed their respective market cap-weighted benchmarks since their inception dates,(2)" said John Feyerer, head of product strategy & research at Invesco PowerShares. "We believe investors seeking precise style classification with the potential for improved performance will have affinity for the PowerShares Fundamental Pure Style ETFs."

(1) On June 16, 2011, Invesco PowerShares changed the indexes, names and ticker symbols for seven existing ETFs in its Intellidex style/size lineup to the RAFI Fundamental US Style Index Series (RAFI Index Series). In addition, Invesco PowerShares listed two new funds; the PowerShares Fundamental Pure Large Growth Portfolio (PXLG), and the PowerShares Fundamental Pure Large Value Portfolio (PXLV), to provide investors with a complete suite of style box ETFs based on the RAFI Fundamental Index methodology. The rebranded portfolios management fees will be reduced to 0.29% and their operating expenses (excluding certain expenses) will be capped at 0.39% until at least Aug. 31, 2012.

(2) Source: Bloomberg L.P., as of May 31, 2011

The PowerShares Fundamental Pure Style ETFs are based on the RAFI Fundamental US Style Index Series. The indexes are constructed from the 2,500 largest U.S. listed companies, based on the following four fundamental measures of firm size: latest available book value, cash flow averaged over the prior five years, sales averaged over the prior five years and total dividend distributions averaged over the prior five years. A composite fundamental weight is calculated for each firm by equally weighting the four fundamental measures. For companies that have never paid dividends, that measure will be excluded from the average. Each company is then classified as "large," "mid" or "small" and "growth," "core" or "value" in the following manner:

1) Stocks are segregated into three size groups: "large," "mid" and "small." Companies are divided amongst these groups based on their fundamental weight. Securities which have a substantially different fundamental weight relative to their market cap weight are excluded.

2) Once classified into the three size groups, RAFI methodology uses fundamental measures of growth and value to give each company a style score. Based on this style score companies are classified as "growth," "core" or "value."

3) Stocks within each sub-index are weighted by their composite fundamental weight.

Each index in the RAFI Fundamental US Style Index Series is reconstituted and rebalanced annually on the third Friday of March.

As of 3/31/11
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                           Ticker   Inception       Lipper
Name                                   Date     Classification
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PowerShares FTSE RAFI       PRF      12/19/05   Large-Cap Core
US 1000
Russell 1000 Index
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PowerShares FTSE RAFI       PRFZ     9/20/06    Small-Cap Core
US 1500 Small-Mid
Russell 2000 Index
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PowerShares FTSE RAFI       PXH      9/27/07   Emerging Markets
Emerging Markets
MSCI Emerging Markets
Index
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PowerShares FTSE RAFI       PXF      6/25/07    International
Dev Markets ex-U.S.                             Large-Cap Core
MSCI EAFE Index
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PowerShares FTSE RAFI       PDN      9/27/07     International
Dev Markets ex-U.S. S/M                          S/M-Cap Core
MSCI EAFE Small Cap Index
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PowerShares FTSE RAFI       PAF      6/25/07   Pacific Ex Japan
Asia Pacific ex-Japan
MSCI Pacific ex-Japan
Index
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As of 3/31/11
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                            Since                                   Since
                          Inception                               Inception
                          Annualized     1 Year       5 Year       Lipper
Name                     Performance  Lipper Rank   Lipper Rank     Rank
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PowerShares FTSE RAFI                    12.00%       10.00%         10%
US 1000                     5.03%    (118 of 1067)  (74 of 788)  (71 of 767)
Russell 1000 Index          3.49%
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PowerShares FTSE RAFI                    52.00%                      14%
US 1500 Small-Mid           8.10%     (385 of 746)               (76 of 547)
Russell 2000 Index          4.52%
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PowerShares FTSE RAFI                    52.00%                      18%
Emerging Markets            2.26%     (188 of 365)               (41 of 235)
MSCI Emerging Markets
Index                       1.38%
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PowerShares FTSE RAFI                    45.00%                      21%
Dev Markets ex-U.S.        -2.89%     (174 of 393)               (68 of 327)
MSCI EAFE Index            -4.53%
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PowerShares FTSE RAFI                    59.00%                      3%
Dev Markets ex-U.S. S/M     1.95%      (34 of 57)                 (1 of 40)
MSCI EAFE Small Cap Index  -2.06%
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PowerShares FTSE RAFI                    22.00%                      23%
Asia Pacific ex-Japan       7.50%      (12 of 56)                 (8 of 35)
MSCI Pacific ex-Japan
Index                       3.45%
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Sources: Lipper, as of March 31, 2011. Annualized fund and index performance is since each fund's inception date. *Since Inception Lipper Rank begins the month-end date of the ETF's inception month. Lipper fund percentile rankings are based on total returns, excluding sales charges and including fees and expenses, and are versus all funds in the category tracked by Lipper. Past performance does not guarantee future results. An investor cannot invest directly in an index.

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As of March 31, 2011                          Annualized Returns (%)
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                                              NAV           After Tax Held
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PowerShares FTSE RAFI®          Exp.
Portfolio                      Ratio   1 Yr  5 Yr Incept. 1 Yr  5 Yr Incept.
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US 1000                        0.39%*  16.50 4.42   5.03  15.80 3.82   4.44
US 1500 Small-Mid              0.39%*  25.14        8.10  24.80        7.78
Emerging Markets               0.85%   16.64        2.26  16.20        1.76
Developed Markets ex-U.S.      0.75%   11.05       -2.89  10.07       -3.57
Developed Markets ex-U.S. S/M  0.75%   18.72        1.95  17.51        1.24
Asia Pacific ex-Japan          0.80%   22.72        7.50  21.73        6.20
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                                      --------------------------------------
As of March 31, 2011                          Annualized Returns (%)
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                                         After Tax Sold      Market Price
                                      --------------------------------------
PowerShares FTSE RAFI®          Exp.
Portfolio                      Ratio   1 Yr  5 Yr Incept. 1 Yr  5 Yr Incept.
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US 1000                        0.39%*  10.68 3.41   3.95  16.47 4.42   5.09
US 1500 Small-Mid              0.39%*  16.31        6.80  25.13        8.09
Emerging Markets               0.85%   10.80        1.60  15.93        1.61
Developed Markets ex-U.S.      0.75%   7.12        -2.85  12.23       -2.74
Developed Markets ex-U.S. S/M  0.75%   11.83        1.21  16.46        1.49
Asia Pacific ex-Japan          0.80%   14.69        5.59  23.33        7.78
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                               Inception Dates
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US 1000   12/19/2005 Emerging Markets  9/27/2007 Developed Markets 9/27/2007
                                                 ex-U.S. S/M
US 1500    9/20/2006 Developed Markets 6/25/2007 Asia Pacific      6/25/2007
Small-Mid            ex-U.S.                     ex-Japan
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Performance data quoted represents past performance. As stated in each Fund's prospectus, expense ratios are expressed as a unitary fee to cover expenses incurred in connection with managing the portfolios. *The PowerShares FTSE RAFI US 1000 and US 1500 Small-Mid Portfolios have gross expense ratios of 0.45% and 0.51%, respectively. However, the Adviser has contractually agreed to waive fees and/or pay certain Fund expenses which resulted in the total net operating expense of 0.39% for each fund. These waivers and reimbursement contracts extend through at least Aug. 30, 2011. Past performance is not a guarantee of future results; current performance may be higher or lower than performance quoted. Investment returns and principal value will fluctuate and Shares, when redeemed, may be worth more or less than their original cost. The Shares' performance reflects fee waivers, absent which performance would have been lower. See invescopowershares.com to find the most recent month-end performance numbers. After Tax Held represents total return after taxes on distributions and assumes Shares have not been sold. After Tax Sold represents total return after taxes on distributions and the sale of Fund Shares. After-tax returns reflect the highest federal income tax rate but exclude state and local taxes. Market returns are based on the midpoint of the bid/ask spread at 4 p.m. ET and do not represent the returns an investor would receive if shares were traded at other times.

Invesco PowerShares Capital Management LLC is leading the Intelligent ETF Revolution® through its family of more than 140 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. With franchise assets over $60 billion as of March 31, 2011, PowerShares ETFs trade on both U.S. stock exchanges. For more information, please visit us at invescopowershares.com or follow us on Twitter @PowerShares.

Invesco is a leading independent global investment manager, dedicated to helping investors worldwide achieve their financial objectives. By delivering the combined power of our distinctive investment management capabilities, Invesco provides a wide range of investment strategies and vehicles to our retail, institutional and high net worth clients around the world. Operating in more than 20 countries, the company is 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 risks including those regarding short selling and margin maintenance requirements. Ordinary brokerage commissions apply.

Not FDIC Insured | May Lose Value | No Bank Guarantee

Investing in securities of small and medium-sized companies may involve greater risk than is customarily associated with investing in large companies.

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

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

The trade names Fundamental Index®, RAFI®, the RAFI logo, and the Research Affiliates corporate name and logo are registered trademarks and are the exclusive property of Research Affiliates, LLC. The RAFI® Fundamental US Style Index Series is calculated by Dow Jones Indexes, the marketing name and a licensed trademark of CME Group Index Services LLC ("CME Indexes"). "Dow Jones Indexes" is a service mark of Dow Jones Trademark Holdings LLC ("Dow Jones"). The RAFI® Fundamental US Style Index Series is not sponsored, endorsed, sold or promoted by CME Indexes, Dow Jones or their respective affiliates, and CME Indexes, Dow Jones and their respective affiliates make no representation regarding the advisability of investing in such product(s).

Neither CME Indexes nor Research Affiliates, LLC make any warranties, express or implied, to any of their customers nor anyone else regarding the accuracy or completeness of any data related to the RAFI® Fundamental US Style Index Series. All information is provided for information purposes only. Neither CME Indexes nor Research Affiliates, LLC accept any liability for any errors or any loss arising from the use of this information.

"Fundamental Index®" and/or "Research Affiliates Fundamental Index®" and/or "RAFI" and/or all other RA trademarks, trade names, patented and patent-pending concepts are the exclusive property of Research Affiliates, LLC.

Shares are not individually redeemable and owners of the Shares may acquire those Shares from the Fund and tender those Shares for redemption to the Fund in Creation Unit aggregations only, typically consisting of 50,000 Shares.

Note: Not all products available through all firms.

An investor should consider the Funds' investment objectives, risks, charges and expenses carefully before investing. For this and more complete information about the Funds, call 800 983 0903 or visit invescopowershares.com for a prospectus. Please read the prospectus carefully before investing.

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Media Contacts: Kristin Sadlon Porter Novelli 212-601-8192 Email Contact Bill Conboy 303-415-2290 Email Contact