PSTL Powershares Global Steel Portfolio (MM)

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 114 of 116 equity and fixed-income ETFs for 2011.

"We strive to minimize the amount of capital gains incurred by our ETF portfolios. For the ninth consecutive year, we are pleased that the process has prevented capital gains distributions for the vast majority of PowerShares ETFs," said Ben Fulton, Invesco PowerShares managing director of global ETFs. "This highlights one of the many advantages ETFs can potentially provide shareholders seeking to maximize real returns."

Estimated 2011 Long-Term Capital Gains Distributions:

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                                                    Estimated Dist.
Portfolio Name                     Ticker             (Per Share)
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PowerShares Active US Real Estate    PSR             $0.06 - $0.12
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PowerShares S&P 500 Buy Write        PBP             $0.08 - $0.13
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Based on shares outstanding as of November 30, 2011.

The two PowerShares ETFs expected to make capital gains distributions this year represent less than 0.2% of franchise assets. Both of these funds are expected to see long-term capital gains distributions under 1% of NAV per share.

One additional fund, the PowerShares CEF Income Composite Portfolio (PCEF), may pay capital gains this year.

The ex-date for the 2011 capital gains distributions is anticipated to be Tuesday, December 27, 2011. The record date is anticipated to be Thursday, December 29, 2011, and the pay date is anticipated to be Friday, December 30, 2011.

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 $52.4 billion as of September 30, 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 may apply.

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 shares.

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

Invesco PowerShares and Invesco Distributors, Inc. and their affiliates do not provide tax advice. Please note that you should seek advice based on your particular circumstances from an independent tax advisor.

Note: Not all products available through all firms.

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

An investor should consider the Fund's investment objective, risks, charges and expenses carefully before investing. For this and more complete information about the Fund 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 Cohn & Wolfe 212.798.9864 Email Contact Bill Conboy 303-415-2290 Email Contact