American Stock Exchange Launches Eleven New ETFs From PowerShares

NEW YORK, Oct. 12  /PRNewswire/ -- The American Stock Exchange(R) (Amex(R)) today announced that it has launched trading in 11 new exchange traded funds (ETFs) from PowerShares Capital Management LLC (PowerShares). The ETFs are based on Dynamic Intellidex(SM) indexes and include one broad-based, two industry and eight sector portfolios.

"We are very excited to welcome PowerShares back to the Amex for their 11 new ETF listings," said Cliff Weber, Senior Vice President of the Amex ETF Marketplace. "The Amex takes great pride in supporting PowerShares' 47 ETF listings on the Exchange as we continue to bring innovative products to the marketplace."

  ETF Names and Ticker Symbols:
  Broad Market
  PIQ  -  PowerShares Dynamic MagniQuant Portfolio

  Industry
  PJB  -  PowerShares Dynamic Banking Portfolio
  PTJ  -  PowerShares Dynamic Healthcare Services Portfolio

  Sector
  PYZ  -  PowerShares Dynamic Basic Materials Sector Portfolio
  PEZ  -  PowerShares Dynamic Consumer Discretionary Sector Portfolio
  PSL  -  PowerShares Dynamic Consumer Staples Sector Portfolio
  PXI  -  PowerShares Dynamic Energy Sector Portfolio
  PFI  -  PowerShares Dynamic Financial Sector Portfolio
  PRN  -  PowerShares Dynamic Industrials Sector Portfolio
  PTH  -  PowerShares Dynamic Healthcare Sector Portfolio
  PTF  -  PowerShares Dynamic Technology Sector Portfolio



"We are very pleased to be working with the Amex to expand the PowerShares family of ETFs," said Bruce Bond, President of PowerShares. "The Intellidex stock selection methodology, which uses a sophisticated quantitative methodology to determine the investment merit of a company and whether it should be included in the index, is a cornerstone in our Intelligent ETF business."

Goldman Sachs Execution & Clearing, LP is the specialist for PYZ, PXI, PFI and PIQ. Kellogg Capital Group is the specialist for PEZ, PRN, PTF and PJB. LaBranche Structured Products, LLC is the specialist for PSL, PTH and PTJ.

Options will also be traded on the 11 ETFs.  The specialist for PYZ, PXI and PTH Options is Group One Trading LP. The specialist for PEZ, PRN, PTF and PJB Options is Kellogg Capital Group. LaBranche Structured Products, LLC is the specialist for PSL, and PIQ Options. Susquehanna Investment Group will trade Options on PFI and PTJ.

About the American Stock Exchange

The American Stock Exchange(R) (Amex(R)) is the only primary exchange that offers trading across a full range of equities, options and exchange traded funds (ETFs), including structured products and HOLDRS(SM). In addition to its role as a national equities market, the Amex is the pioneer of the ETF, responsible for bringing the first domestic product to market in 1993. Leading the industry in ETF listings, the Amex lists 206 ETFs. The Amex is also one of the largest options exchanges in the U.S., trading options on broad-based and sector indexes as well as domestic and foreign stocks. For more information, please visit http://www.amex.com/.

Risks of Owning PowerShares

PowerShares 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.

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 http://www.powershares.com/ for a prospectus.  Please read the prospectus carefully before investing. 

DATASOURCE: American Stock Exchange



CONTACT:  Bari Trontz of American Stock Exchange, [phone],





Web site:  http://www.amex.com/ 

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