PSTL Powershares Global Steel Portfolio (MM)

Invesco PowerShares Capital Management LLC, a leading global provider of exchange-traded funds (ETFs), announced that the PowerShares S&P 500® Low Volatility Portfolio (NYSE Arca: SPLV) and PowerShares S&P 500® High Beta Portfolio (NYSE Arca: SPHB) began trading today on the NYSE Arca. The portfolios are the first ETFs to provide investors access to low volatility and high beta versions of the widely followed S&P 500® Index.

"We believe the PowerShares S&P 500 Low Volatility Portfolio is an attractive tool for advisors seeking lower volatility for the portfolio core, and may offer a measure of protection in down cycles while still potentially participating in upward trending cycles," said Ben Fulton, Invesco PowerShares managing director of global ETFs.

"For advisors and investors seeking cost-effective ways to add a bullish tactical portfolio tilt, we believe the PowerShares S&P 500 High Beta Portfolio allows investors to increase their exposure to the equity market without using leverage," added Ben Fulton.

The PowerShares S&P 500® Low Volatility Portfolio (SPLV) is the first volatility-weighted ETF and seeks investment results that correspond (before fees and expenses) generally to the price and yield of the S&P 500® Low Volatility Index (the Underlying Index). The Fund will invest at least 90% of its total assets in common stocks that comprise the Underlying Index, which consists of the 100 stocks from the S&P 500® Index, with the lowest realized volatility over the past 12 months as determined by Standard & Poor's. Index constituents are rebalanced quarterly.

The PowerShares S&P 500® High Beta Portfolio (SPHB) is the first beta-weighted ETF and seeks investment results that correspond (before fees and expenses) generally to the price and yield of the S&P 500® High Beta Index (the Underlying Index). The Fund will invest at least 90% of its assets in common stocks that comprise the Underlying Index, which consists of the 100 stocks from the S&P 500 Index with the highest sensitivity to market movements, or beta, over the past 12 months as determined by Standard & Poor's. Index constituents are rebalanced quarterly.

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.

Volatility is the annualized standard deviation of index returns. Beta is a measure of relative risk and the slope of regression.

The prices of equity securities change in response to many factors, including the historical and prospective earnings of the issuer, the value of its assets, general economic conditions, interest rates, investor perceptions and market liquidity.

The Funds are non-diversified and can invest a greater portion of their 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. This may increase the Funds' volatility and cause the performance of a relatively small number of issuers to have a greater impact on the Funds' performance.

The S&P 500® Index is an unmanaged index considered representative of the U.S. stock market. Index returns do not represent Fund returns. An investor cannot invest directly in an index.

Standard & Poor's® and S&P® are registered trademarks of Standard & Poor's Financial Services LLC ("Standard & Poor's") and have been licensed for use by the Adviser. The Fund is not sponsored, endorsed, sold or promoted by Standard & Poor's or its Affiliates, and Standard & Poor's and its Affiliates make no representation, warranty or condition regarding the advisability of buying, selling or holding shares of the Fund.

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 Unit aggregations only, typically consisting of 50,000 Shares.

Note: Not all products available through all firms.

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 these 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