PCEF Invesco CEF Income Composite ETF

Invesco PowerShares Provides Estimated Long-Term Capital Gains Information for 2013

CHICAGO, IL--(Marketwired - Dec 12, 2013) - Invesco PowerShares Capital Management LLC, a leading global provider of exchange-traded funds (ETFs), announced today that it expects to deliver zero long-term capital gains distributions across 108 of 115 equity and fixed-income ETFs for 2013.

"At Invesco PowerShares we are proud of our product line's tax efficient track record," said Dan Draper, Invesco PowerShares managing director of global ETFs. "Once again this year, we are pleased to report that the vast majority of PowerShares ETFs did not have long-term capital gains distributions."

The seven PowerShares ETFs expected to make capital gains distributions this year represent less than 1% of total franchise assets. All seven of these Funds are expected to see long-term capital gains distributions under 1% of NAV per share. These funds include:

Portfolio Name		Ticker		Estimated Dist. (per share)
PowerShares KBW Property & Casualty Insurance Portfolio		KBWP		$0.045 - $0.050
PowerShares S&P 500 BuyWrite Portfolio		PBP		$0.006 - $0.010
PowerShares Fundamental Investment Grade Corporate Bond Portfolio		PFIG		$0.010 - $0.015
PowerShares S&P SmallCap Financials Portfolio		PSCF		$0.028 - $0.033
PowerShares Fundamental Pure Large Growth Portfolio		PXLG		$0.017 - $0.021
PowerShares Fundamental Pure Large Value Portfolio		PXLV		$0.015 - $0.018
PowerShares S&P 500® High Dividend Portfolio		SPHD		$0.016 - $0.021
Distributions are estimates and subject to change.

The ex-date for the 2013 capital gains distributions is anticipated to be Tuesday, December 24, 2013. The record date is anticipated to be Friday, December 27, 2013, and the payable date is anticipated to be Tuesday, December 31, 2013.

About Invesco PowerShares Capital Management LLC and Invesco Ltd. 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 $87 billion as of September 30, 2013, PowerShares ETFs trade on both US stock exchanges. For more information, please visit us at invescopowershares.com or follow us on Twitter @PowerShares.

Invesco Ltd. is a leading independent global investment management firm, 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 clients around the world. Operating in more than 20 countries, the firm is listed on the New York Stock Exchange under the symbol IVZ. Additional information is available at www.invesco.com.

Important Risk Information There are risks involved with investing in ETFs, including possible loss of money. Shares are not actively managed and are subject to risks similar to those of stocks, including those regarding short selling and margin maintenance requirements. Ordinary brokerage commissions apply. The Funds' return may not match the return of the Underlying Index.

Investments focused in a particular industry are subject to greater risk, and are more greatly impacted by market volatility, than more diversified investments.

Note: Not all products are available through all firms.

There is no guarantee that the Funds will not distribute capital gains to its shareholders.

Not FDIC Insured | May Lose Value | No Bank Guarantee

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 Units only, typically consisting of aggregations of 50,000, 75,000, 100,000 or 200,000 shares.

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

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.

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.

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