PJG Powershares Dynamic Mid Cap Portfolio

Invesco PowerShares, a leading provider of exchange-traded funds (ETFs), announced today that it has signed a licensing agreement covering nine Standard & Poor's SmallCap 600 Sector Indexes. Invesco PowerShares anticipates listing new ETF portfolios based on the indexes on April 7, 2010. The index names, anticipated PowerShares ETF portfolio names and ticker symbols are listed below.

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Index Name                         Product Name                       Ticker
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S&P SmallCap 600 Capped Consumer   PowerShares S&P SmallCap Consumer
 Discretionary Index®               Discretionary Portfolio           XLYS
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S&P SmallCap 600 Capped Consumer   PowerShares S&P SmallCap Consumer
 Staples Index®                     Staples Portfolio                 XLPS
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S&P SmallCap 600 Capped Energy     PowerShares S&P SmallCap Energy
 Index®                             Portfolio                         XLES
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S&P SmallCap 600 Capped Financials PowerShares S&P SmallCap
 Index®                             Financials Portfolio              XLFS
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S&P SmallCap 600 Capped Health     PowerShares S&P SmallCap Health
 Care Index®                        Care Portfolio                    XLVS
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S&P SmallCap 600 Capped            PowerShares S&P SmallCap
 Industrials Index®                 Industrials Portfolio             XLIS
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S&P SmallCap 600 Capped            PowerShares S&P SmallCap
 Information Technology Index®      Information Technology Portfolio  XLKS
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S&P SmallCap 600 Capped Materials  PowerShares S&P SmallCap Materials
 Index®                             Portfolio                         XLBS
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S&P SmallCap 600 Capped Utilities  PowerShares S&P SmallCap Utilities
 & Telecom Services Index®          Portfolio                         XLUS
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"Small-cap companies have historically outperformed large-cap companies during the initial stage of an economic recovery," said Ben Fulton, Invesco PowerShares managing director of ETFs. "Our licensing agreement with S&P Indices will allow us to introduce a family of nine small-cap sector ETFs that provide unique access for investors interested in hedging and sector weighting strategies."

The S&P SmallCap 600 Capped Index series is designed to measure the overall performance of small-cap stocks in the GICS® sectors that meet specific inclusion criteria to ensure that they are investable and financially viable. The Indexes are a subset of the S&P SmallCap 600™ Index, which is a float-adjusted, market-capitalization-weighted index reflecting the U.S. small-cap market. Companies must have a market capitalization between $250 million and $1.2 billion at the time of their addition to the S&P SmallCap 600 Capped Indexes. Investing in securities of small-sized companies may involve greater risk than is customarily associated with investing in large companies.

Invesco PowerShares Capital Management LLC is Leading the Intelligent ETF Revolution® through its family of more than 110 domestic and international exchange-traded funds, which seek to outperform traditional benchmark indexes while providing advisers and investors access to an innovative array of focused investment opportunities. With franchise assets over $43 billion as of Dec. 31, 2009, PowerShares ETFs trade on both U.S. stock exchanges. For more information, please visit us at www.invescopowershares.com.

Invesco PowerShares is part of Invesco Ltd., a leading independent global investment management firm dedicated to helping people worldwide build their financial security. 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 firm 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 similar to those of stocks. Ordinary brokerage commissions apply.

Each Fund contains securities from its underlying sector-specific index. Companies engaged in the consumer discretionary, consumer staples, energy, financial services, healthcare, industrials, information technology, basic materials, utilities and telecommunication services sectors are subject to greater risks, and are more greatly impacted by market volatility, than more diversified investments.

The Funds are non-diversified and can invest a greater portion of assets in securities of individual issuers than a diversified fund. As a result, changes in the market value of a single investment could cause greater fluctuations in share price than would occur in a diversified fund.

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

Standard & Poor's® and S&P® are registered trademarks of Standard & Poor's Financial Services LLC ("S&P") and have been licensed for use by Invesco PowerShares Capital Management LLC. The Funds are not sponsored, endorsed, sold or promoted by S&P or its affiliates, and S&P and its affiliates make no representation, warranty or condition regarding the advisability of buying, selling or holding units/shares in the Funds.

Invesco Aim 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 Capital Management LLC and Invesco Aim Distributors, Inc. are indirect, wholly owned subsidiaries of Invesco Ltd.

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.

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

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.

Not FDIC Insured | May Lose Value | No Bank Guarantee

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