TMXgroup

January 23, 2012

PowerShares S&P 500 Low Volatility (CAD Hedged) Index ETF (the "PowerShares ETF") – An application has been granted for the original listing in the Industrial category of 250,000 redeemable, transferable units (the "Units"), all of which will be issued and outstanding, upon the completion of an initial public offering.

Listing of the Units will become effective at 5:01 p.m. on Monday, January 23, 2012 in anticipation of the offering closing on Tuesday, January 24, 2012. The Units will be posted for trading at the opening on January 24, 2012.

The PowerShares ETF is authorized to issue an unlimited number of Units each of which represents an equal, undivided interest in the assets of the PowerShares ETF. Units of the PowerShares ETF are being issued and sold on a continuous basis and there is no maximum number that may be issued.

The PowerShares ETF is an exchange-traded mutual fund established as a trust under the laws of the Province of Ontario which seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the S&P 500® Low Volatility Index (CAD Hedged).

Registration of interests in, and transfers of, the Units will be made only through the book-entry only system of CDS Clearing and Depository Services Inc. ("CDS"). Units must be purchased, transferred and surrendered for exchange or redemption only through a CDS Participant. Beneficial owners will not have the right to receive physical certificates evidencing their ownership.

Additional information on the Units may be found in the amended and restated prospectus dated January 13, 2012, amending and restating the prospectus dated January 9, 2012 (the "Prospectus") which is available at www.SEDAR.com. Capitalized terms not otherwise defined below are as defined in the Prospectus.

Units

Stock Symbol: ULV   CUSIP: 73938N 10 3   Currency: CDN$

Designated
Market Maker: National Bank Financial Inc.

Other Markets: None

Head Office: 5140 Yonge Street
Suite 800
Toronto, ON
M2N 6X7

Email Address: inquiries@invesco.ca

Website Address: www.powershares.ca

Head Telephone Number: (416) 590-9855

Fax Number: (416) 590-9868

Investor Relations: Aysha Mawani
(416) 324-7712
aysha.mawani@invesco.com

Stephen Lee
(416) 324-7668
stephen.lee@invesco.com

Manager: Invesco Canada Ltd.

Transfer Agent
& Registrar: CIBC Mellon Trust Company at its principal office in Toronto.

Chief Financial Officer: David C. Warren

Secretary: Eric J. Adelson

Fiscal Year End: December 31

Incorporation: The PowerShares ETF was established under the laws of the Province of Ontario pursuant to a Declaration of Trust dated as of June 6, 2011, as amended and restated as of January 4, 2012.

Nature of Business: The PowerShares ETF seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the S&P 500® Low Volatility Index (CAD Hedged), or any successor thereto. The S&P 500 Low Volatility Index (CAD Hedged) is designed to replicate the returns of the S&P 500 Low Volatility Index (the "Underlying Index"), with all or substantially all of the direct US. dollar exposure of the Underlying Index hedged back to the Canadian dollar. The Underlying Index is designed to measure the performance of the 100 least volatile stocks in the S&P 500® Index.

Distributions: Income distributions, if any, will be paid in cash on a monthly basis. Cash distributions may include a return of capital. Capital gains distributions, if any, will be paid annually and, net of taxes required to be withheld, will be automatically reinvested in additional Units. Immediately following such reinvestment, the number of Units outstanding will be consolidated so that the NAV per Unit following the capital gains distribution and reinvestment is the same as it would have been if the distribution had not been paid.

Management Fee: The PowerShares ETF pays a management fee, plus applicable taxes, to the Manager based on the annual rate of 0.35% of NAV of the PowerShares ETF. This management fee is calculated and accrued daily and is paid weekly, except at month-end when there may be an extra payment.

Initial Issuance of Units: Pursuant to the Prospectus, 250,000 Units of the PowerShares ETF will be issued at a subscription price of $20 per Unit. Units of the PowerShares ETF are being issued and sold on a continuous distribution basis.